Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 20.12 % in the past year, substantial increase in net sales/revenue by 8.28 %.
- 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 87.5 %. Marginal increase in other income during this quarter, up by 120%.
- Profit over the Year and quarter: Significant improvement in profitability for Allsec Technologies Ltd.. Notable increase of 71.04 % in net profit Year to Year, Allsec Technologies Ltd.’s profitability increased by 84.1 % in this quarter.
- EPS over the Year and quarter: EPS increased by 71.07 % Year to Year. EPS increased by 84.03 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 107.98 Cr | Rs. 119.79 Cr | Rs. 129.71 Cr | + 8.28 % | + 20.12 % |
| Expenses | Rs. 84.26 Cr | Rs. 89.38 Cr | Rs. 94.47 Cr | + 5.69 % | + 12.12 % |
| Operating Profit | Rs. 23.72 Cr | Rs. 30.41 Cr | Rs. 35.24 Cr | + 15.88 % | + 48.57 % |
| OPM % | 21.97 % | 25.39 % | 27.17 % | + 1.78 % | + 5.2 % |
| Other Income | Rs. 0.88 Cr | Rs. 0.75 Cr | Rs. 1.65 Cr | + 120 % | + 87.5 % |
| Interest | Rs. 0.88 Cr | Rs. 0.9 Cr | Rs. 1.27 Cr | + 41.11 % | + 44.32 % |
| Depreciation | Rs. 8.51 Cr | Rs. 9.3 Cr | Rs. 9.76 Cr | + 4.95 % | + 14.69 % |
| Profit before tax | Rs. 15.21 Cr | Rs. 20.96 Cr | Rs. 25.86 Cr | + 23.38 % | + 70.02 % |
| Tax % | 20.32 % | 46.28 % | 19.84 % | -26.44 % | -0.48 % |
| Net Profit | Rs. 12.12 Cr | Rs. 11.26 Cr | Rs. 20.73 Cr | + 84.1 % | + 71.04 % |
| EPS in Rs | Rs. 7.95 | Rs. 7.39 | Rs. 13.6 | + 84.03 % | + 71.07 % |
Today, we’re looking at Allsec Technologies 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 20.12 %. However, it did see a marginal increase of 8.28 % from the previous quarter. Expenses ticked up slightly by 5.69 % quarter-on-quarter, aligning with the annual rise of 12.12 %. Operating profit, while up 48.57 % compared to last year, faced a quarter-on-quarter increase of 15.88 %, 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 5.2 %, but an expansion of 1.78 % sequentially. Other income rose by 120 % compared to the last quarter, despite an annual growth of 87.5 %. Interest expenses surged remarkably by 41.11 % from the previous quarter, yet the year-over-year increase remains at a moderate 44.32 %. Depreciation costs climbed by 4.95 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 14.69 %. Profit before tax grew annually by 70.02 % but saw an increase from the preceding quarter by 23.38 %.
Tax expenses as a percentage of profits decreased slightly by -0.48 % compared to last year, with a more notable quarter-on-quarter decrease of -26.44 %. Net profit rose by 71.04 % year-on-year but experienced a 84.1 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 71.07 % but a quarterly rise of 84.03 %. In summary, Allsec Technologies 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. 107.98 Cr | Rs. 119.79 Cr | Rs. 129.71 Cr | + 8.28 % | + 20.12 % |
| Expenses | Rs. 84.26 Cr | Rs. 89.38 Cr | Rs. 94.47 Cr | + 5.69 % | + 12.12 % |
| Operating Profit | Rs. 23.72 Cr | Rs. 30.41 Cr | Rs. 35.24 Cr | + 15.88 % | + 48.57 % |
| Net Profit | Rs. 12.12 Cr | Rs. 11.26 Cr | Rs. 20.73 Cr | + 84.1 % | + 71.04 % |
| EPS in Rs | Rs. 7.95 | Rs. 7.39 | Rs. 13.6 | + 84.03 % | + 71.07 % |
In reviewing Allsec Technologies Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 20.12 % year-on-year growth, however, there was a minor increase of 8.28 % from the previous quarter. Expenses rose by 12.12 % compared to the previous year, with a 5.69 % increase quarter-on-quarter. Operating Profit surged by 48.57 % annually, and saw a 15.88 % increase from the last quarter.
Net Profit showed yearly increase of 71.04 %, and experienced a 84.1 % increase from the previous quarter. Earnings Per Share (EPS) rose by 71.07 % annually, however rose by 84.03 % compared to the last quarter. In essence, while Allsec Technologies 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.
