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Cyient Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Key Metrics and Growth Analysis

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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 6.25% in the past year Substantial increase 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 4580%Marginal increase in other income during this quarter, up by 24.47%.
  • Profit over the Year and quarter: Significant improvement in profitability for Cyient Limited. Notable increase of 20.65% in net profit Year to YearCyient Limited’s profitability increased by 28.52% in this quarter.
  • EPS over the Year and quarter: EPS increased by 15.49% Year to Year.EPS increased by 28.41%. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Cyient Limited”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. 1751.4 Cr Rs. 1821.4 Cr Rs. 1860.8 Cr + 2.16% + 6.25%
Expenses Rs. 1429.4 Cr Rs. 1495.3 Cr Rs. 1525.5 Cr + 2.02% + 6.72%
Operating Profit Rs. 322 Cr Rs. 326.1 Cr Rs. 335.3 Cr + 2.82% + 4.13%
OPM % 18.39 % 17.9 % 18.02 % + 0.12% -0.37%
Other Income Rs. 0.5 Cr Rs. 18.8 Cr Rs. 23.4 Cr + 24.47% + 4580%
Interest Rs. 26.2 Cr Rs. 28.8 Cr Rs. 32.4 Cr + 12.5% + 23.66%
Depreciation Rs. 72.6 Cr Rs. 66.1 Cr Rs. 67.2 Cr + 1.66% -7.44%
Profit before tax Rs. 223.7 Cr Rs. 250 Cr Rs. 259.1 Cr + 3.64% + 15.82%
Tax % 21.35 % 23.28 % 24.01 % + 0.73% + 2.66%
Net Profit Rs. 163.2 Cr Rs. 153.2 Cr Rs. 196.9 Cr + 28.52% + 20.65%
EPS in Rs Rs. 14.91 Rs. 13.41 Rs. 17.22 + 28.41% + 15.49%


Today, we’re looking at Cyient 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 6.25%. However, it did see a marginal increase of 2.16% from the previous quarter.Expenses ticked up slightly by 2.02% quarter-on-quarter, aligning with the annual rise of 6.72%. Operating profit, while up 4.13% compared to last year, faced a quarter-on-quarter increase of 2.82%, 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 -0.37%, but an expansion of 0.12% sequentially. Other income rose by 24.47% compared to the last quarter,despite an annual growth of 4580%. Interest expenses surged remarkably by 12.5% from the previous quarter, yet the year-over-year increase remains at a moderate 23.66%. Depreciation costs climbed by 1.66% quarter-on-quarter, yet on an annual scale, they experienced a reduction of -7.44%. Profit before tax grew annually by 15.82% but saw an increase from the preceding quarter by 3.64%.
Tax expenses as a percentage of profits increased slightly by 2.66% compared to last year, with a more notable quarter-on-quarter increase of 0.73%. Net profit rose by 20.65% year-on-year but experienced a 28.52% expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 15.49% but a quarterly rise of 28.41%. In summary, Cyient 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. 1751.4 Cr Rs. 1821.4 Cr Rs. 1860.8 Cr + 2.16% + 6.25%
Expenses Rs. 1429.4 Cr Rs. 1495.3 Cr Rs. 1525.5 Cr + 2.02% + 6.72%
Operating Profit Rs. 322 Cr Rs. 326.1 Cr Rs. 335.3 Cr + 2.82% + 4.13%
Net Profit Rs. 163.2 Cr Rs. 153.2 Cr Rs. 196.9 Cr + 28.52% + 20.65%
EPS in Rs Rs. 14.91 Rs. 13.41 Rs. 17.22 + 28.41% + 15.49%


In reviewing Cyient Limited’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, however, there was a minor increase of 2.16% from the previous quarter. Expenses rose by 6.72% compared to the previous year, with a 2.02% increase quarter-on-quarter. Operating Profit surged by 4.13% annually, and saw a 2.82% increase from the last quarter.
Net Profit showed yearly increase of 20.65%, and experienced a 28.52% increase from the previous quarter. Earnings Per Share (EPS) rose by 15.49% annually, however rose by 28.41% compared to the last quarter. In essence, while Cyient Limited 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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