Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 24.01 % in the past year, substantial increase in net sales/revenue by 6.32 %.
- 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 933.33 %. Marginal increase in other income during this quarter, up by 424.62%.
- Profit over the Year and quarter: Challenges in sustaining profitability for AXISCADES Technologies Limited. Profit dropped by -124.41 % Year to Year, AXISCADES Technologies Limited’s profitability increased by 555.62 % in this quarter.
- EPS over the Year and quarter: EPS declined by -122.51 % Year to Year. EPS increased by 514.29 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 78.737 Cr | Rs. 91.837 Cr | Rs. 97.643 Cr | + 6.32 % | + 24.01 % |
| Expenses | Rs. 77.61 Cr | Rs. 76.89 Cr | Rs. 81.22 Cr | + 5.63 % | + 4.65 % |
| Operating Profit | Rs. 1.13 Cr | Rs. 14.95 Cr | Rs. 16.42 Cr | + 9.83 % | + 1353.1 % |
| OPM % | 1.44 % | 16.28 % | 16.82 % | + 0.54 % | + 15.38 % |
| Other Income | Rs. 0.33 Cr | Rs. 0.65 Cr | Rs. 3.41 Cr | + 424.62 % | + 933.33 % |
| Interest | Rs. 13.26 Cr | Rs. 11.39 Cr | Rs. 11.79 Cr | + 3.51 % | -11.09 % |
| Depreciation | Rs. 3.04 Cr | Rs. 3.67 Cr | Rs. 3.68 Cr | + 0.27 % | + 21.05 % |
| Profit before tax | Rs. -14.84 Cr | Rs. 0.54 Cr | Rs. 4.36 Cr | + 707.41 % | + 129.38 % |
| Tax % | -1.69 % | 0 % | 18.42 % | + 18.42 % | + 20.11 % |
| Net Profit | Rs. -14.59 Cr | Rs. 0.54 Cr | Rs. 3.56 Cr | + 559.26 % | + 124.4 % |
| EPS in Rs | Rs. -3.82 | Rs. 0.14 | Rs. 0.86 | + 514.29 % | + 122.51 % |
Today, we’re looking at AXISCADES Technologies 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 24.01 %. However, it did see a marginal increase of 6.32 % from the previous quarter. Expenses ticked up slightly by 5.63 % quarter-on-quarter, aligning with the annual rise of 4.65 %. Operating profit, while up 1353.1 % compared to last year, faced a quarter-on-quarter increase of 9.83 %, 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 15.38 %, but an expansion of 0.54 % sequentially. Other income rose by 424.62 % compared to the last quarter, despite an annual growth of 933.33 %. Interest expenses surged remarkably by 3.51 % from the previous quarter, yet the year-over-year decrease remains at a moderate -11.09 %. Depreciation costs climbed by 0.27 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 21.05 %. Profit before tax grew annually by 129.38 % but saw an increase from the preceding quarter by 707.41 %.
Tax expenses as a percentage of profits increased slightly by 20.11 % compared to last year, with a more notable quarter-on-quarter increase of 18.42 %. Net profit rose by 124.4 % year-on-year but experienced a 559.26 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 122.51 % but a quarterly rise of 514.29 %. In summary, AXISCADES Technologies 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. 78.737 Cr | Rs. 91.837 Cr | Rs. 97.643 Cr | + 6.32 % | + 24.01 % |
| Expenses | Rs. 77.61 Cr | Rs. 76.89 Cr | Rs. 81.22 Cr | + 5.63 % | + 4.65 % |
| Operating Profit | Rs. 1.13 Cr | Rs. 14.95 Cr | Rs. 16.42 Cr | + 9.83 % | + 1353.1 % |
| Net Profit | Rs. -14.59 Cr | Rs. 0.54 Cr | Rs. 3.56 Cr | + 559.26 % | + 124.4 % |
| EPS in Rs | Rs. -3.82 | Rs. 0.14 | Rs. 0.86 | + 514.29 % | + 122.51 % |
In reviewing AXISCADES Technologies Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 24.01 % year-on-year growth, however, there was a minor increase of 6.32 % from the previous quarter. Expenses rose by 4.65 % compared to the previous year, with a 5.63 % increase quarter-on-quarter. Operating Profit surged by 1353.1 % annually, and saw a 9.83 % increase from the last quarter.
Net Profit showed yearly increase of 124.4 %, and experienced a 559.26 % increase from the previous quarter. Earnings Per Share (EPS) rose by 122.51 % annually, however rose by 514.29 % compared to the last quarter. In essence, while AXISCADES Technologies 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.
