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Conart Engineers : Q4 2024 Financial Quarterly Report : YoY Sales Up 210.11 %, QoQ Up 92.03 %

July 3, 2024July 3, 2024| adminadmin| 0 Comments| 6:05 pm
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 210.11 % in the past year, substantial increase in net sales/revenue by 92.03 %.
  • 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 820 %. Marginal increase in other income during this quarter, up by 1050%.
  • Profit over the Year and quarter: Significant improvement in profitability for Conart Engineers Ltd.. Notable increase of 170.18 % in net profit Year to Year, Conart Engineers Ltd.’s profitability increased by 55.06 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 170.62 % Year to Year. EPS increased by 55.16 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Conart Engineers Ltd.”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. 8.526 Cr Rs. 13.769 Cr Rs. 26.44 Cr + 92.03 % + 210.11 %
Expenses Rs. 7.65 Cr Rs. 12.13 Cr Rs. 24.8 Cr + 104.45 % + 224.18 %
Operating Profit Rs. 0.88 Cr Rs. 1.64 Cr Rs. 1.64 Cr + 0 % + 86.36 %
OPM % 10.32 % 11.91 % 6.2 % -5.71 % -4.12 %
Other Income Rs. 0.05 Cr Rs. 0.04 Cr Rs. 0.46 Cr + 1050 % + 820 %
Interest Rs. 0 Cr Rs. 0 Cr Rs. 0.01 Cr 0 % 0 %
Depreciation Rs. 0.15 Cr Rs. 0.14 Cr Rs. 0.31 Cr + 121.43 % + 106.67 %
Profit before tax Rs. 0.78 Cr Rs. 1.54 Cr Rs. 1.78 Cr + 15.58 % + 128.21 %
Tax % 14.76 % 24.48 % 0.79 % -23.69 % -13.97 %
Net Profit Rs. 0.66 Cr Rs. 1.16 Cr Rs. 1.79 Cr + 54.31 % + 171.21 %
EPS in Rs Rs. 2.11 Rs. 3.68 Rs. 5.71 + 55.16 % + 170.62 %


Today, we’re looking at Conart Engineers 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 210.11 %. However, it did see a marginal increase of 92.03 % from the previous quarter. Expenses ticked up slightly by 104.45 % quarter-on-quarter, aligning with the annual rise of 224.18 %. Operating profit, while up 86.36 % compared to last year, faced a quarter-on-quarter increase of 0 %, 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 -4.12 %, but a shrinkage of -5.71 % sequentially. Other income rose by 1050 % compared to the last quarter, despite an annual growth of 820 %. Depreciation costs climbed by 121.43 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 106.67 %. Profit before tax grew annually by 128.21 % but saw an increase from the preceding quarter by 15.58 %.
Tax expenses as a percentage of profits decreased slightly by -13.97 % compared to last year, with a more notable quarter-on-quarter decrease of -23.69 %. Net profit rose by 171.21 % year-on-year but experienced a 54.31 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 170.62 % but a quarterly rise of 55.16 %. In summary, Conart Engineers 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. 8.526 Cr Rs. 13.769 Cr Rs. 26.44 Cr + 92.03 % + 210.11 %
Expenses Rs. 7.65 Cr Rs. 12.13 Cr Rs. 24.8 Cr + 104.45 % + 224.18 %
Operating Profit Rs. 0.88 Cr Rs. 1.64 Cr Rs. 1.64 Cr + 0 % + 86.36 %
Net Profit Rs. 0.66 Cr Rs. 1.16 Cr Rs. 1.79 Cr + 54.31 % + 171.21 %
EPS in Rs Rs. 2.11 Rs. 3.68 Rs. 5.71 + 55.16 % + 170.62 %


In reviewing Conart Engineers Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 210.11 % year-on-year growth, however, there was a minor increase of 92.03 % from the previous quarter. Expenses rose by 224.18 % compared to the previous year, with a 104.45 % increase quarter-on-quarter. Operating Profit surged by 86.36 % annually, and saw a 0 % increase from the last quarter.
Net Profit showed yearly increase of 171.21 %, and experienced a 54.31 % increase from the previous quarter. Earnings Per Share (EPS) rose by 170.62 % annually, however rose by 55.16 % compared to the last quarter. In essence, while Conart Engineers 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.

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