Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 36.17 % in the past year, substantial increase in net sales/revenue by 10.99 %.
- 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 570.51 %. Marginal decrease of -8.92% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Action Construction Equipments Ltd.. Notable increase of 108.8 % in net profit Year to Year, Action Construction Equipments Ltd.’s profitability increased by 11.57 % in this quarter.
- EPS over the Year and quarter: EPS increased by 106.75 % Year to Year. EPS increased by 11.61 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 613.84 Cr | Rs. 753.11 Cr | Rs. 835.84 Cr | + 10.99 % | + 36.17 % |
| Expenses | Rs. 540.55 Cr | Rs. 650.37 Cr | Rs. 706.16 Cr | + 8.58 % | + 30.64 % |
| Operating Profit | Rs. 73.29 Cr | Rs. 102.74 Cr | Rs. 129.68 Cr | + 26.22 % | + 76.94 % |
| OPM % | 11.94 % | 13.64 % | 15.51 % | + 1.87 % | + 3.57 % |
| Other Income | Rs. 3.12 Cr | Rs. 22.97 Cr | Rs. 20.92 Cr | -8.92 % | + 570.51 % |
| Interest | Rs. 3.38 Cr | Rs. 5.52 Cr | Rs. 10.7 Cr | + 93.84 % | + 216.57 % |
| Depreciation | Rs. 4.99 Cr | Rs. 5.89 Cr | Rs. 6.71 Cr | + 13.92 % | + 34.47 % |
| Profit before tax | Rs. 68.04 Cr | Rs. 114.3 Cr | Rs. 133.19 Cr | + 16.53 % | + 95.75 % |
| Tax % | 30.7 % | 22.8 % | 26.08 % | + 3.28 % | -4.62 % |
| Net Profit | Rs. 47.15 Cr | Rs. 88.24 Cr | Rs. 98.45 Cr | + 11.57 % | + 108.8 % |
| EPS in Rs | Rs. 4 | Rs. 7.41 | Rs. 8.27 | + 11.61 % | + 106.75 % |
Today, we’re looking at Action Construction Equipments Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 36.17 %. However, it did see a marginal increase of 10.99 % from the previous quarter. Expenses ticked up slightly by 8.58 % quarter-on-quarter, aligning with the annual rise of 30.64 %. Operating profit, while up 76.94 % compared to last year, faced a quarter-on-quarter increase of 26.22 %, 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 3.57 %, but an expansion of 1.87 % sequentially. Other income fell by -8.92 % compared to the last quarter, despite an annual growth of 570.51 %. Interest expenses surged remarkably by 93.84 % from the previous quarter, yet the year-over-year increase remains at a moderate 216.57 %. Depreciation costs climbed by 13.92 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 34.47 %. Profit before tax grew annually by 95.75 % but saw an increase from the preceding quarter by 16.53 %.
Tax expenses as a percentage of profits decreased slightly by -4.62 % compared to last year, with a more notable quarter-on-quarter increase of 3.28 %. Net profit rose by 108.8 % year-on-year but experienced a 11.57 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 106.75 % but a quarterly rise of 11.61 %. In summary, Action Construction Equipments Ltd.’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. 613.84 Cr | Rs. 753.11 Cr | Rs. 835.84 Cr | + 10.99 % | + 36.17 % |
| Expenses | Rs. 540.55 Cr | Rs. 650.37 Cr | Rs. 706.16 Cr | + 8.58 % | + 30.64 % |
| Operating Profit | Rs. 73.29 Cr | Rs. 102.74 Cr | Rs. 129.68 Cr | + 26.22 % | + 76.94 % |
| Net Profit | Rs. 47.15 Cr | Rs. 88.24 Cr | Rs. 98.45 Cr | + 11.57 % | + 108.8 % |
| EPS in Rs | Rs. 4 | Rs. 7.41 | Rs. 8.27 | + 11.61 % | + 106.75 % |
In reviewing Action Construction Equipments Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 36.17 % year-on-year growth, however, there was a minor increase of 10.99 % from the previous quarter. Expenses rose by 30.64 % compared to the previous year, with a 8.58 % increase quarter-on-quarter. Operating Profit surged by 76.94 % annually, and saw a 26.22 % increase from the last quarter.
Net Profit showed yearly increase of 108.8 %, and experienced a 11.57 % increase from the previous quarter. Earnings Per Share (EPS) rose by 106.75 % annually, however rose by 11.61 % compared to the last quarter. In essence, while Action Construction Equipments Ltd. 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.
