Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 27.75 % in the past year, substantial increase in net sales/revenue by 11.71 %.
- 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 20.65 %. Marginal increase in other income during this quarter, up by 22.21%.
- Profit over the Year and quarter: Significant improvement in profitability for ABB India Limited. Notable increase of 87.55 % in net profit Year to Year, ABB India Limited’s profitability increased by 35.62 % in this quarter.
- EPS over the Year and quarter: EPS increased by 87.54 % Year to Year. EPS increased by 35.67 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 2411.21 Cr | Rs. 2757.49 Cr | Rs. 3080.36 Cr | + 11.71 % | + 27.75 % |
| Expenses | Rs. 2125.9 Cr | Rs. 2340.27 Cr | Rs. 2515.18 Cr | + 7.47 % | + 18.31 % |
| Operating Profit | Rs. 285.31 Cr | Rs. 417.22 Cr | Rs. 565.18 Cr | + 35.46 % | + 98.09 % |
| OPM % | 11.83 % | 15.13 % | 18.35 % | + 3.22 % | + 6.52 % |
| Other Income | Rs. 71.97 Cr | Rs. 71.05 Cr | Rs. 86.83 Cr | + 22.21 % | + 20.65 % |
| Interest | Rs. 2.23 Cr | Rs. 8.16 Cr | Rs. 3.81 Cr | -53.31 % | + 70.85 % |
| Depreciation | Rs. 27.48 Cr | Rs. 32.92 Cr | Rs. 31.42 Cr | -4.56 % | + 14.34 % |
| Profit before tax | Rs. 327.57 Cr | Rs. 447.19 Cr | Rs. 616.78 Cr | + 37.92 % | + 88.29 % |
| Tax % | 25.22 % | 23.92 % | 25.52 % | + 1.6 % | + 0.3 % |
| Net Profit | Rs. 244.89 Cr | Rs. 338.66 Cr | Rs. 459.29 Cr | + 35.62 % | + 87.55 % |
| EPS in Rs | Rs. 11.56 | Rs. 15.98 | Rs. 21.68 | + 35.67 % | + 87.54 % |
Today, we’re looking at ABB India Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 27.75 %. However, it did see a marginal increase of 11.71 % from the previous quarter. Expenses ticked up slightly by 7.47 % quarter-on-quarter, aligning with the annual rise of 18.31 %. Operating profit, while up 98.09 % compared to last year, faced a quarter-on-quarter increase of 35.46 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 6.52 %, but an expansion of 3.22 % sequentially. Other income rose by 22.21 % compared to the last quarter, despite an annual growth of 20.65 %. Interest expenses dropped significantly by -53.31 % from the previous quarter, yet the year-over-year increase remains at a moderate 70.85 %. Depreciation costs fell by -4.56 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 14.34 %. Profit before tax grew annually by 88.29 % but saw an increase from the preceding quarter by 37.92 %.
Tax expenses as a percentage of profits increased slightly by 0.3 % compared to last year, with a more notable quarter-on-quarter increase of 1.6 %. Net profit rose by 87.55 % year-on-year but experienced a 35.62 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 87.54 % but a quarterly rise of 35.67 %. In summary, ABB India 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. 2411.21 Cr | Rs. 2757.49 Cr | Rs. 3080.36 Cr | + 11.71 % | + 27.75 % |
| Expenses | Rs. 2125.9 Cr | Rs. 2340.27 Cr | Rs. 2515.18 Cr | + 7.47 % | + 18.31 % |
| Operating Profit | Rs. 285.31 Cr | Rs. 417.22 Cr | Rs. 565.18 Cr | + 35.46 % | + 98.09 % |
| Net Profit | Rs. 244.89 Cr | Rs. 338.66 Cr | Rs. 459.29 Cr | + 35.62 % | + 87.55 % |
| EPS in Rs | Rs. 11.56 | Rs. 15.98 | Rs. 21.68 | + 35.67 % | + 87.54 % |
In reviewing ABB India Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 27.75 % year-on-year growth, however, there was a minor increase of 11.71 % from the previous quarter. Expenses rose by 18.31 % compared to the previous year, with a 7.47 % increase quarter-on-quarter. Operating Profit surged by 98.09 % annually, and saw a 35.46 % increase from the last quarter.
Net Profit showed yearly increase of 87.55 %, and experienced a 35.62 % increase from the previous quarter. Earnings Per Share (EPS) rose by 87.54 % annually, however rose by 35.67 % compared to the last quarter. In essence, while ABB India Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
