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Highlights
- Sales over the Year and quarter: The company’s sales declined by -13.69 % over the year, decrease in net sales/revenue by -4.45 %.
- 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 145.16 %. Marginal increase in other income during this quarter, up by 310.81%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Centum Electronics Ltd. Profit dropped by -61.84 % Year to Year, Centum Electronics Ltd’s profitability dropped by -19.68 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -61.83 % Year to Year. EPS decreased by -19.62 % in previous quarter. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 195.172 Cr | Rs. 176.296 Cr | Rs. 168.456 Cr | -4.45 % | -13.69 % |
| Expenses | Rs. 157.25 Cr | Rs. 154 Cr | Rs. 151.42 Cr | -1.68 % | -3.71 % |
| Operating Profit | Rs. 37.92 Cr | Rs. 22.3 Cr | Rs. 17.04 Cr | -23.59 % | -55.06 % |
| OPM % | 19.43 % | 12.65 % | 10.12 % | -2.53 % | -9.31 % |
| Other Income | Rs. 1.86 Cr | Rs. 1.11 Cr | Rs. 4.56 Cr | + 310.81 % | + 145.16 % |
| Interest | Rs. 4.89 Cr | Rs. 4.16 Cr | Rs. 5 Cr | + 20.19 % | + 2.25 % |
| Depreciation | Rs. 4.13 Cr | Rs. 4.67 Cr | Rs. 4.71 Cr | + 0.86 % | + 14.04 % |
| Profit before tax | Rs. 30.76 Cr | Rs. 14.58 Cr | Rs. 11.89 Cr | -18.45 % | -61.35 % |
| Tax % | 25.82 % | 25.64 % | 26.74 % | + 1.1 % | + 0.92 % |
| Net Profit | Rs. 22.82 Cr | Rs. 10.84 Cr | Rs. 8.71 Cr | -19.65 % | -61.83 % |
| EPS in Rs | Rs. 17.54 | Rs. 8.32 | Rs. 6.68 | -19.71 % | -61.92 % |
Today, we’re looking at Centum Electronics Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -13.69 %. However, it did see a marginal slip of -4.45 % from the previous quarter. Expenses decreased slightly by -1.68 % quarter-on-quarter, aligning with the annual decline of -3.71 %. Operating profit, while down -55.06 % compared to last year, faced a quarter-on-quarter dip of -23.59 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -9.31 %, but a shrinkage of -2.53 % sequentially. Other income rose by 310.81 % compared to the last quarter, despite an annual growth of 145.16 %. Interest expenses surged remarkably by 20.19 % from the previous quarter, yet the year-over-year increase remains at a moderate 2.25 %. Depreciation costs climbed by 0.86 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 14.04 %. Profit before tax declined annually by -61.35 % but saw a reduction from the preceding quarter by -18.45 %.
Tax expenses as a percentage of profits increased slightly by 0.92 % compared to last year, with a more notable quarter-on-quarter increase of 1.1 %. Net profit fell by -61.83 % year-on-year but witnessed a -19.65 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -61.92 % but a quarterly fall of -19.71 %. In summary, Centum Electronics 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. 195.172 Cr | Rs. 176.296 Cr | Rs. 168.456 Cr | -4.45 % | -13.69 % |
| Expenses | Rs. 157.25 Cr | Rs. 154 Cr | Rs. 151.42 Cr | -1.68 % | -3.71 % |
| Operating Profit | Rs. 37.92 Cr | Rs. 22.3 Cr | Rs. 17.04 Cr | -23.59 % | -55.06 % |
| Net Profit | Rs. 22.82 Cr | Rs. 10.84 Cr | Rs. 8.71 Cr | -19.65 % | -61.83 % |
| EPS in Rs | Rs. 17.54 | Rs. 8.32 | Rs. 6.68 | -19.71 % | -61.92 % |
In reviewing Centum Electronics Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -13.69 % year-on-year, although there was a slight dip of -4.45 % from the previous quarter. Expenses decreased by -3.71 % compared to the previous year, with a decrease of -1.68 % quarter-on-quarter. Operating Profit dropped by -55.06 % annually, and saw a -23.59 % decrease from the last quarter.
Net Profit showed yearly decrease of -61.83 %, and experienced a -19.65 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -61.92 % annually, however dipped by -19.71 % compared to the last quarter. In essence, while Centum Electronics Ltd faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
