Share the post "Cybertech Systems And Software : Q1 2024 Financial Quarterly Report : YoY Sales Up 7.19 %, QoQ Down 7.52 %"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 7.19 % in the past year, decrease in net sales/revenue by -7.52 %.
- 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 71.24 %. Marginal increase in other income during this quarter, up by 6.49%.
- Profit over the Year and quarter: Significant improvement in profitability for Cybertech Systems And Software Limited. Notable increase of 108.19 % in net profit Year to Year, Cybertech Systems And Software Limited’s profitability dropped by -36.32 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 90.00 % Year to Year. EPS decreased by -36.19 % 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. 37.233 Cr | Rs. 43.155 Cr | Rs. 39.91 Cr | -7.52 % | + 7.19 % |
| Expenses | Rs. 33.94 Cr | Rs. 33.31 Cr | Rs. 34.56 Cr | + 3.75 % | + 1.83 % |
| Operating Profit | Rs. 3.29 Cr | Rs. 9.85 Cr | Rs. 5.35 Cr | -45.69 % | + 62.61 % |
| OPM % | 8.84 % | 22.82 % | 13.41 % | -9.41 % | + 4.57 % |
| Other Income | Rs. 1.763 Cr | Rs. 2.835 Cr | Rs. 3.019 Cr | + 6.49 % | + 71.24 % |
| Interest | Rs. 0.1 Cr | Rs. 0.2 Cr | Rs. 0.14 Cr | -30 % | + 40 % |
| Depreciation | Rs. 1.58 Cr | Rs. 1.38 Cr | Rs. 1.2 Cr | -13.04 % | -24.05 % |
| Profit before tax | Rs. 3.37 Cr | Rs. 11.11 Cr | Rs. 7.03 Cr | -36.72 % | + 108.61 % |
| Tax % | 24.53 % | 24.91 % | 24.38 % | -0.53 % | -0.15 % |
| Net Profit | Rs. 2.55 Cr | Rs. 8.34 Cr | Rs. 5.31 Cr | -36.33 % | + 108.24 % |
| EPS in Rs | Rs. 0.89 | Rs. 2.67 | Rs. 1.7 | -36.33 % | + 91.01 % |
Today, we’re looking at Cybertech Systems And Software Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 7.19 %. However, it did see a marginal slip of -7.52 % from the previous quarter. Expenses ticked up slightly by 3.75 % quarter-on-quarter, aligning with the annual rise of 1.83 %. Operating profit, while up 62.61 % compared to last year, faced a quarter-on-quarter dip of -45.69 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 4.57 %, but a shrinkage of -9.41 % sequentially. Other income rose by 6.49 % compared to the last quarter, despite an annual growth of 71.24 %. Interest expenses dropped significantly by -30 % from the previous quarter, yet the year-over-year increase remains at a moderate 40 %. Depreciation costs fell by -13.04 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -24.05 %. Profit before tax grew annually by 108.61 % but saw a reduction from the preceding quarter by -36.72 %.
Tax expenses as a percentage of profits decreased slightly by -0.15 % compared to last year, with a more notable quarter-on-quarter decrease of -0.53 %. Net profit rose by 108.24 % year-on-year but witnessed a -36.33 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 91.01 % but a quarterly fall of -36.33 %. In summary, Cybertech Systems And Software 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. 37.233 Cr | Rs. 43.155 Cr | Rs. 39.91 Cr | -7.52 % | + 7.19 % |
| Expenses | Rs. 33.94 Cr | Rs. 33.31 Cr | Rs. 34.56 Cr | + 3.75 % | + 1.83 % |
| Operating Profit | Rs. 3.29 Cr | Rs. 9.85 Cr | Rs. 5.35 Cr | -45.69 % | + 62.61 % |
| Net Profit | Rs. 2.55 Cr | Rs. 8.34 Cr | Rs. 5.31 Cr | -36.33 % | + 108.24 % |
| EPS in Rs | Rs. 0.89 | Rs. 2.67 | Rs. 1.7 | -36.33 % | + 91.01 % |
In reviewing Cybertech Systems And Software Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7.19 % year-on-year growth, although there was a slight dip of -7.52 % from the previous quarter. Expenses rose by 1.83 % compared to the previous year, with a 3.75 % increase quarter-on-quarter. Operating Profit surged by 62.61 % annually, and saw a -45.69 % decrease from the last quarter.
Net Profit showed yearly increase of 108.24 %, and experienced a -36.33 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 91.01 % annually, however dipped by -36.33 % compared to the last quarter. In essence, while Cybertech Systems And Software Limited 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.
