Share the post "CRISIL Ltd.’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Key Metrics and Growth Analysis"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 3.19% in the past year Decrease in net sales/revenue by -19.62%
- 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 21.63%Marginal decrease of -41.12% in other income during this quarter
- Profit over the Year and quarter: Challenges in sustaining profitability for CRISIL Ltd.. Profit dropped by -5.51% Year to YearCRISIL Ltd.’s profitability dropped by -34.46% Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -5.56% Year to Year.EPS decreased by -34.45%. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 714.89 Cr | Rs. 917.74 Cr | Rs. 737.68 Cr | -19.62% | + 3.19% |
Expenses | Rs. 511.42 Cr | Rs. 648.76 Cr | Rs. 545.56 Cr | -15.91% | + 6.68% |
Operating Profit | Rs. 203.47 Cr | Rs. 268.98 Cr | Rs. 192.12 Cr | -28.57% | -5.58% |
OPM % | 28.46 % | 29.31 % | 26.04 % | -3.27% | -2.42% |
Other Income | Rs. 17.34 Cr | Rs. 35.82 Cr | Rs. 21.09 Cr | -41.12% | + 21.63% |
Interest | Rs. 1.18 Cr | Rs. 0.78 Cr | Rs. 0.7 Cr | -10.26% | -40.68% |
Depreciation | Rs. 26 Cr | Rs. 25.21 Cr | Rs. 17.02 Cr | -32.49% | -34.54% |
Profit before tax | Rs. 193.63 Cr | Rs. 278.81 Cr | Rs. 195.49 Cr | -29.88% | + 0.96% |
Tax % | 24.73 % | 24.64 % | 29.55 % | + 4.91% | + 4.82% |
Net Profit | Rs. 145.75 Cr | Rs. 210.12 Cr | Rs. 137.72 Cr | -34.46% | -5.51% |
EPS in Rs | Rs. 19.95 | Rs. 28.74 | Rs. 18.84 | -34.45% | -5.56% |
Today, we’re looking at CRISIL 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 3.19%. However, it did see a marginal slip of -19.62% from the previous quarter.Expenses decreased slightly by -15.91% quarter-on-quarter, aligning with the annual rise of 6.68%. Operating profit, while down -5.58% compared to last year,faced a quarter-on-quarter dip of -28.57%, 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 -2.42%, but a shrinkage of -3.27% sequentially. Other income fell by -41.12% compared to the last quarter, despite an annual growth of 21.63%. Interest expenses dropped significantly by -10.26% from the previous quarter, yet the year-over-year decrease remains at a moderate -40.68%. Depreciation costs fell by -32.49% quarter-on-quarter, yet on an annual scale, they experienced a reduction of -34.54%. Profit before tax grew annually by 0.96% but saw a reduction from the preceding quarter by -29.88%.
Tax expenses as a percentage of profits increased slightly by 4.82% compared to last year, with a more notable quarter-on-quarter increase of 4.91%. Net profit fell by -5.51% year-on-yearbut witnessed a -34.46% contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -5.56% but a quarterly fall of -34.45%. In summary, CRISIL 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. 714.89 Cr | Rs. 917.74 Cr | Rs. 737.68 Cr | -19.62% | + 3.19% |
Expenses | Rs. 511.42 Cr | Rs. 648.76 Cr | Rs. 545.56 Cr | -15.91% | + 6.68% |
Operating Profit | Rs. 203.47 Cr | Rs. 268.98 Cr | Rs. 192.12 Cr | -28.57% | -5.58% |
Net Profit | Rs. 145.75 Cr | Rs. 210.12 Cr | Rs. 137.72 Cr | -34.46% | -5.51% |
EPS in Rs | Rs. 19.95 | Rs. 28.74 | Rs. 18.84 | -34.45% | -5.56% |
In reviewing CRISIL Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.62% year-on-year growth, although there was a slight dip of -19.62% from the previous quarter.Expenses rose by 6.68% compared to the previous year, with a decrease of -15.91% quarter-on-quarter. Operating Profit dropped by -5.58% annually, and saw a -28.57% decrease from the last quarter.
Net Profit showed yearly decrease of -5.51%, and experienced a -34.46% decrease from the previous quarter.Earnings Per Share (EPS) fell by -5.56% annually, however dipped by -34.45% compared to the last quarter. In essence, while CRISIL Ltd. exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.