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Adroit Infotech Q4 2024 Quarterly Earnings: YoY Sales Up 69.8 %, QoQ Up 8.84 %

May 16, 2024May 16, 2024| adminadmin| 0 Comments| 1:40 pm
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 69.8 % in the past year, substantial increase in net sales/revenue by 8.84 %.
  • 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 1025 %. Marginal increase in other income during this quarter, up by 4400%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Adroit Infotech Limited. Profit dropped by -198.55 % Year to Year, Adroit Infotech Limited’s profitability increased by 16.76 % in this quarter.
  • EPS over the Year and quarter: EPS declined by -184.78 % Year to Year. EPS increased by 8.33 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Adroit Infotech Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 4.54 Cr Rs. 7.083 Cr Rs. 7.709 Cr + 8.84 % + 69.8 %
Expenses Rs. 6.26 Cr Rs. 4.69 Cr Rs. 5.49 Cr + 17.06 % -12.3 %
Operating Profit Rs. -1.72 Cr Rs. 2.39 Cr Rs. 2.22 Cr -7.11 % + 229.07 %
OPM % -37.89 % 33.74 % 28.8 % -4.94 % + 66.69 %
Other Income Rs. 0.08 Cr Rs. 0.02 Cr Rs. 0.9 Cr + 4400 % + 1025 %
Interest Rs. 0.17 Cr Rs. 0.03 Cr Rs. 0.12 Cr + 300 % -29.41 %
Depreciation Rs. 0.59 Cr Rs. 0.4 Cr Rs. 0.4 Cr + 0 % -32.2 %
Profit before tax Rs. -2.4 Cr Rs. 1.98 Cr Rs. 2.6 Cr + 31.31 % + 208.33 %
Tax % -22.63 % 20.65 % 29.35 % + 8.7 % + 51.98 %
Net Profit Rs. -1.86 Cr Rs. 1.57 Cr Rs. 1.83 Cr + 16.56 % + 198.39 %
EPS in Rs Rs. -0.92 Rs. 0.72 Rs. 0.78 + 8.33 % + 184.78 %


Today, we’re looking at Adroit Infotech 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 69.8 %. However, it did see a marginal increase of 8.84 % from the previous quarter. Expenses ticked up slightly by 17.06 % quarter-on-quarter, aligning with the annual decline of -12.3 %. Operating profit, while up 229.07 % compared to last year, faced a quarter-on-quarter dip of -7.11 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 66.69 %, but a shrinkage of -4.94 % sequentially. Other income rose by 4400 % compared to the last quarter, despite an annual growth of 1025 %. Interest expenses surged remarkably by 300 % from the previous quarter, yet the year-over-year decrease remains at a moderate -29.41 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -32.2 %. Profit before tax grew annually by 208.33 % but saw an increase from the preceding quarter by 31.31 %.
Tax expenses as a percentage of profits increased slightly by 51.98 % compared to last year, with a more notable quarter-on-quarter increase of 8.7 %. Net profit rose by 198.39 % year-on-year but experienced a 16.56 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 184.78 % but a quarterly rise of 8.33 %. In summary, Adroit Infotech 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. 4.54 Cr Rs. 7.083 Cr Rs. 7.709 Cr + 8.84 % + 69.8 %
Expenses Rs. 6.26 Cr Rs. 4.69 Cr Rs. 5.49 Cr + 17.06 % -12.3 %
Operating Profit Rs. -1.72 Cr Rs. 2.39 Cr Rs. 2.22 Cr -7.11 % + 229.07 %
Net Profit Rs. -1.86 Cr Rs. 1.57 Cr Rs. 1.83 Cr + 16.56 % + 198.39 %
EPS in Rs Rs. -0.92 Rs. 0.72 Rs. 0.78 + 8.33 % + 184.78 %


In reviewing Adroit Infotech Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 69.8 % year-on-year growth, however, there was a minor increase of 8.84 % from the previous quarter. Expenses decreased by -12.3 % compared to the previous year, with a 17.06 % increase quarter-on-quarter. Operating Profit surged by 229.07 % annually, and saw a -7.11 % decrease from the last quarter.
Net Profit showed yearly increase of 198.39 %, and experienced a 16.56 % increase from the previous quarter. Earnings Per Share (EPS) rose by 184.78 % annually, however rose by 8.33 % compared to the last quarter. In essence, while Adroit Infotech 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.

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