Share the post "DIVGI TORQTRANSFER SYSTEMS : Q4 2024 Financial Quarterly Report : YoY Sales Down 11.28 %, QoQ Up 3.2 %"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -11.28 % over the year, substantial increase in net sales/revenue by 3.2 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 94.66 %. Marginal increase in other income during this quarter, up by 10.15%.
- Profit over the Year and quarter: Challenges in sustaining profitability for DIVGI TORQTRANSFER SYSTEMS LIMITED. Profit dropped by -31.55 % Year to Year, DIVGI TORQTRANSFER SYSTEMS LIMITED’s profitability dropped by -1.76 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -36.63 % Year to Year. EPS decreased by -1.63 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 73.34 Cr | Rs. 63.049 Cr | Rs. 65.064 Cr | + 3.2 % | -11.28 % |
Expenses | Rs. 54.06 Cr | Rs. 50.15 Cr | Rs. 51.92 Cr | + 3.53 % | -3.96 % |
Operating Profit | Rs. 19.28 Cr | Rs. 12.9 Cr | Rs. 13.14 Cr | + 1.86 % | -31.85 % |
OPM % | 26.29 % | 20.46 % | 20.2 % | -0.26 % | -6.09 % |
Other Income | Rs. 2.62 Cr | Rs. 4.63 Cr | Rs. 5.1 Cr | + 10.15 % | + 94.66 % |
Interest | Rs. 0.12 Cr | Rs. 0.05 Cr | Rs. 0.21 Cr | + 320 % | + 75 % |
Depreciation | Rs. 3.67 Cr | Rs. 4.84 Cr | Rs. 5.68 Cr | + 17.36 % | + 54.77 % |
Profit before tax | Rs. 18.11 Cr | Rs. 12.64 Cr | Rs. 12.35 Cr | -2.29 % | -31.81 % |
Tax % | 25.73 % | 25.84 % | 25.46 % | -0.38 % | -0.27 % |
Net Profit | Rs. 13.45 Cr | Rs. 9.37 Cr | Rs. 9.21 Cr | -1.71 % | -31.52 % |
EPS in Rs | Rs. 4.75 | Rs. 3.06 | Rs. 3.01 | -1.63 % | -36.63 % |
Today, we’re looking at DIVGI TORQTRANSFER SYSTEMS LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -11.28 %. However, it did see a marginal increase of 3.2 % from the previous quarter. Expenses ticked up slightly by 3.53 % quarter-on-quarter, aligning with the annual decline of -3.96 %. Operating profit, while down -31.85 % compared to last year, faced a quarter-on-quarter increase of 1.86 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -6.09 %, but a shrinkage of -0.26 % sequentially. Other income rose by 10.15 % compared to the last quarter, despite an annual growth of 94.66 %. Interest expenses surged remarkably by 320 % from the previous quarter, yet the year-over-year increase remains at a moderate 75 %. Depreciation costs climbed by 17.36 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 54.77 %. Profit before tax declined annually by -31.81 % but saw a reduction from the preceding quarter by -2.29 %.
Tax expenses as a percentage of profits decreased slightly by -0.27 % compared to last year, with a more notable quarter-on-quarter decrease of -0.38 %. Net profit fell by -31.52 % year-on-year but witnessed a -1.71 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -36.63 % but a quarterly fall of -1.63 %. In summary, DIVGI TORQTRANSFER SYSTEMS LIMITED’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 73.34 Cr | Rs. 63.049 Cr | Rs. 65.064 Cr | + 3.2 % | -11.28 % |
Expenses | Rs. 54.06 Cr | Rs. 50.15 Cr | Rs. 51.92 Cr | + 3.53 % | -3.96 % |
Operating Profit | Rs. 19.28 Cr | Rs. 12.9 Cr | Rs. 13.14 Cr | + 1.86 % | -31.85 % |
Net Profit | Rs. 13.45 Cr | Rs. 9.37 Cr | Rs. 9.21 Cr | -1.71 % | -31.52 % |
EPS in Rs | Rs. 4.75 | Rs. 3.06 | Rs. 3.01 | -1.63 % | -36.63 % |
In reviewing DIVGI TORQTRANSFER SYSTEMS LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -11.28 % year-on-year, however, there was a minor increase of 3.2 % from the previous quarter. Expenses decreased by -3.96 % compared to the previous year, with a 3.53 % increase quarter-on-quarter. Operating Profit dropped by -31.85 % annually, and saw a 1.86 % increase from the last quarter.
Net Profit showed yearly decrease of -31.52 %, and experienced a -1.71 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -36.63 % annually, however dipped by -1.63 % compared to the last quarter. In essence, while DIVGI TORQTRANSFER SYSTEMS LIMITED faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.