Cummins India : Q4 2024 Financial Quarterly Report : YoY Sales Up 20.26 %, QoQ Down 8.6 %

The comprehensive analytics outlining the performance and outlook of Cummins India 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.

Today, we’re looking at Cummins India 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 20.26 %. However, it did see a marginal slip of -8.6 % from the previous quarter. Expenses decreased slightly by -11.23 % quarter-on-quarter, aligning with the annual rise of 10.75 %. Operating profit, while up 66.93 % compared to last year, faced a quarter-on-quarter increase of 1.18 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 6.57 %, but an expansion of 2.27 % sequentially. Other income rose by 79.98 % compared to the last quarter, despite an annual growth of 56.54 %. Interest expenses dropped significantly by -2.07 % from the previous quarter, yet the year-over-year decrease remains at a moderate -5.95 %. Depreciation costs climbed by 0.31 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 12.92 %. Profit before tax grew annually by 69.67 % but saw an increase from the preceding quarter by 16.11 %.
Tax expenses as a percentage of profits decreased slightly by -3.01 % compared to last year, with a more notable quarter-on-quarter decrease of -4.54 %. Net profit rose by 76.3 % year-on-year but experienced a 23.43 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 76.33 % but a quarterly rise of 23.46 %. In summary, Cummins India Ltd.,’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Cummins India Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 20.26 % year-on-year growth, although there was a slight dip of -8.6 % from the previous quarter. Expenses rose by 10.75 % compared to the previous year, with a decrease of -11.23 % quarter-on-quarter. Operating Profit surged by 66.93 % annually, and saw a 1.18 % increase from the last quarter.
Net Profit showed yearly increase of 76.3 %, and experienced a 23.43 % increase from the previous quarter. Earnings Per Share (EPS) rose by 76.33 % annually, however rose by 23.46 % compared to the last quarter. In essence, while Cummins India 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.