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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 12.75% in the past year Decrease in net sales/revenue by -2.16%
- 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 12.2%Marginal increase in other income during this quarter, up by 54.97%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Craftsman Automation Limited. Profit dropped by -12.09% Year to YearCraftsman Automation Limited’s profitability dropped by -13.43% Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -19.75% Year to Year.EPS decreased by -14.76%. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 980.37 Cr | Rs. 1129.7 Cr | Rs. 1105.34 Cr | -2.16% | + 12.75% |
Expenses | Rs. 791.93 Cr | Rs. 909.5 Cr | Rs. 898.44 Cr | -1.22% | + 13.45% |
Operating Profit | Rs. 188.44 Cr | Rs. 220.2 Cr | Rs. 206.9 Cr | -6.04% | + 9.8% |
OPM % | 19.22 % | 19.49 % | 18.72 % | -0.77% | -0.5% |
Other Income | Rs. 5 Cr | Rs. 3.62 Cr | Rs. 5.61 Cr | + 54.97% | + 12.2% |
Interest | Rs. 41.91 Cr | Rs. 44.17 Cr | Rs. 46.4 Cr | + 5.05% | + 10.71% |
Depreciation | Rs. 59.93 Cr | Rs. 70.28 Cr | Rs. 72.29 Cr | + 2.86% | + 20.62% |
Profit before tax | Rs. 91.6 Cr | Rs. 109.37 Cr | Rs. 93.82 Cr | -14.22% | + 2.42% |
Tax % | 12.43 % | 25.54 % | 24.9 % | -0.64% | + 12.47% |
Net Profit | Rs. 80.23 Cr | Rs. 81.47 Cr | Rs. 70.53 Cr | -13.43% | -12.09% |
EPS in Rs | Rs. 36.76 | Rs. 34.61 | Rs. 29.5 | -14.76% | -19.75% |
Today, we’re looking at Craftsman Automation 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 12.75%. However, it did see a marginal slip of -2.16% from the previous quarter.Expenses decreased slightly by -1.22% quarter-on-quarter, aligning with the annual rise of 13.45%. Operating profit, while up 9.8% compared to last year, faced a quarter-on-quarter dip of -6.04%, 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 -0.5%, but a shrinkage of -0.77% sequentially. Other income rose by 54.97% compared to the last quarter,despite an annual growth of 12.2%. Interest expenses surged remarkably by 5.05% from the previous quarter, yet the year-over-year increase remains at a moderate 10.71%. Depreciation costs climbed by 2.86% quarter-on-quarter, whereas on an annual scale, they saw an increase of 20.62%. Profit before tax grew annually by 2.42% but saw a reduction from the preceding quarter by -14.22%.
Tax expenses as a percentage of profits increased slightly by 12.47% compared to last year, with a more notable quarter-on-quarter decrease of -0.64%. Net profit fell by -12.09% year-on-yearbut witnessed a -13.43% contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -19.75% but a quarterly fall of -14.76%. In summary, Craftsman Automation 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. 980.37 Cr | Rs. 1129.7 Cr | Rs. 1105.34 Cr | -2.16% | + 12.75% |
Expenses | Rs. 791.93 Cr | Rs. 909.5 Cr | Rs. 898.44 Cr | -1.22% | + 13.45% |
Operating Profit | Rs. 188.44 Cr | Rs. 220.2 Cr | Rs. 206.9 Cr | -6.04% | + 9.8% |
Net Profit | Rs. 80.23 Cr | Rs. 81.47 Cr | Rs. 70.53 Cr | -13.43% | -12.09% |
EPS in Rs | Rs. 36.76 | Rs. 34.61 | Rs. 29.5 | -14.76% | -19.75% |
In reviewing Craftsman Automation Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 12.75 % year-on-year growth, although there was a slight dip of -2.16% from the previous quarter.Expenses rose by 13.45% compared to the previous year, with a decrease of -1.22% quarter-on-quarter. Operating Profit surged by 9.8% annually, and saw a -6.04% decrease from the last quarter.
Net Profit showed yearly decrease of -12.09%, and experienced a -13.43% decrease from the previous quarter.Earnings Per Share (EPS) fell by -19.75% annually, however dipped by -14.76% compared to the last quarter. In essence, while Craftsman Automation Limited 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.