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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 7.29 % in the past year, substantial increase in net sales/revenue by 25.08 %.
- 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 57.95 %. Marginal increase in other income during this quarter, up by 39.52%.
- Profit over the Year and quarter: Challenges in sustaining profitability for CEINSYS TECH LIMITED. Profit dropped by -45.3 % Year to Year, CEINSYS TECH LIMITED’s profitability increased by 12.09 % in this quarter.
- EPS over the Year and quarter: EPS declined by -46.76 % Year to Year. EPS increased by 9.09 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 72.952 Cr | Rs. 62.579 Cr | Rs. 78.272 Cr | + 25.08 % | + 7.29 % |
Expenses | Rs. 51.15 Cr | Rs. 51.99 Cr | Rs. 65.96 Cr | + 26.87 % | + 28.95 % |
Operating Profit | Rs. 21.8 Cr | Rs. 10.59 Cr | Rs. 12.31 Cr | + 16.24 % | -43.53 % |
OPM % | 29.88 % | 16.92 % | 15.73 % | -1.19 % | -14.15 % |
Other Income | Rs. 3.71 Cr | Rs. 4.2 Cr | Rs. 5.86 Cr | + 39.52 % | + 57.95 % |
Interest | Rs. 2.3 Cr | Rs. 0.81 Cr | Rs. 1.06 Cr | + 30.86 % | -53.91 % |
Depreciation | Rs. 1.34 Cr | Rs. 1.3 Cr | Rs. 1.25 Cr | -3.85 % | -6.72 % |
Profit before tax | Rs. 21.87 Cr | Rs. 12.68 Cr | Rs. 15.86 Cr | + 25.08 % | -27.48 % |
Tax % | 3.42 % | 25.2 % | 37.13 % | + 11.93 % | + 33.71 % |
Net Profit | Rs. 21.23 Cr | Rs. 10.36 Cr | Rs. 11.61 Cr | + 12.07 % | -45.31 % |
EPS in Rs | Rs. 13.75 | Rs. 6.35 | Rs. 7.11 | + 11.97 % | -48.29 % |
Today, we’re looking at CEINSYS TECH 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 7.29 %. However, it did see a marginal increase of 25.08 % from the previous quarter. Expenses ticked up slightly by 26.87 % quarter-on-quarter, aligning with the annual rise of 28.95 %. Operating profit, while down -43.53 % compared to last year, faced a quarter-on-quarter increase of 16.24 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -14.15 %, but a shrinkage of -1.19 % sequentially. Other income rose by 39.52 % compared to the last quarter, despite an annual growth of 57.95 %. Interest expenses surged remarkably by 30.86 % from the previous quarter, yet the year-over-year decrease remains at a moderate -53.91 %. Depreciation costs fell by -3.85 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -6.72 %. Profit before tax declined annually by -27.48 % but saw an increase from the preceding quarter by 25.08 %.
Tax expenses as a percentage of profits increased slightly by 33.71 % compared to last year, with a more notable quarter-on-quarter increase of 11.93 %. Net profit fell by -45.31 % year-on-year but experienced a 12.07 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -48.29 % but a quarterly rise of 11.97 %. In summary, CEINSYS TECH 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. 72.952 Cr | Rs. 62.579 Cr | Rs. 78.272 Cr | + 25.08 % | + 7.29 % |
Expenses | Rs. 51.15 Cr | Rs. 51.99 Cr | Rs. 65.96 Cr | + 26.87 % | + 28.95 % |
Operating Profit | Rs. 21.8 Cr | Rs. 10.59 Cr | Rs. 12.31 Cr | + 16.24 % | -43.53 % |
Net Profit | Rs. 21.23 Cr | Rs. 10.36 Cr | Rs. 11.61 Cr | + 12.07 % | -45.31 % |
EPS in Rs | Rs. 13.75 | Rs. 6.35 | Rs. 7.11 | + 11.97 % | -48.29 % |
In reviewing CEINSYS TECH LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7.29 % year-on-year growth, however, there was a minor increase of 25.08 % from the previous quarter. Expenses rose by 28.95 % compared to the previous year, with a 26.87 % increase quarter-on-quarter. Operating Profit dropped by -43.53 % annually, and saw a 16.24 % increase from the last quarter.
Net Profit showed yearly decrease of -45.31 %, and experienced a 12.07 % increase from the previous quarter. Earnings Per Share (EPS) fell by -48.29 % annually, however rose by 11.97 % compared to the last quarter. In essence, while CEINSYS TECH LIMITED faces strong annual decline 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.