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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 0.74 % in the past year, decrease in net sales/revenue by -4.54 %.
- 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 17.78 %. Marginal decrease of -32.43% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Datamatics Global Services Limited. Profit dropped by -19.82 % Year to Year, Datamatics Global Services Limited’s profitability dropped by -15.89 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -21.09 % Year to Year. EPS decreased by -17.19 % 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. 391.09 Cr | Rs. 412.71 Cr | Rs. 393.99 Cr | -4.54 % | + 0.74 % |
Expenses | Rs. 323.31 Cr | Rs. 348.06 Cr | Rs. 342.59 Cr | -1.57 % | + 5.96 % |
Operating Profit | Rs. 67.78 Cr | Rs. 64.65 Cr | Rs. 51.4 Cr | -20.49 % | -24.17 % |
OPM % | 17.33 % | 15.66 % | 13.05 % | -2.61 % | -4.28 % |
Other Income | Rs. 9.11 Cr | Rs. 15.88 Cr | Rs. 10.73 Cr | -32.43 % | + 17.78 % |
Interest | Rs. 0.52 Cr | Rs. 0.45 Cr | Rs. 0.38 Cr | -15.56 % | -26.92 % |
Depreciation | Rs. 9.17 Cr | Rs. 8.8 Cr | Rs. 8.8 Cr | + 0 % | -4.03 % |
Profit before tax | Rs. 67.2 Cr | Rs. 71.28 Cr | Rs. 52.95 Cr | -25.72 % | -21.21 % |
Tax % | 18.68 % | 26.91 % | 17.24 % | -9.67 % | -1.44 % |
Net Profit | Rs. 54.65 Cr | Rs. 52.1 Cr | Rs. 43.82 Cr | -15.89 % | -19.82 % |
EPS in Rs | Rs. 9.34 | Rs. 8.9 | Rs. 7.37 | -17.19 % | -21.09 % |
Today, we’re looking at Datamatics Global Services 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 0.74 %. However, it did see a marginal slip of -4.54 % from the previous quarter. Expenses decreased slightly by -1.57 % quarter-on-quarter, aligning with the annual rise of 5.96 %. Operating profit, while down -24.17 % compared to last year, faced a quarter-on-quarter dip of -20.49 %, 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 -4.28 %, but a shrinkage of -2.61 % sequentially. Other income fell by -32.43 % compared to the last quarter, despite an annual growth of 17.78 %. Interest expenses dropped significantly by -15.56 % from the previous quarter, yet the year-over-year decrease remains at a moderate -26.92 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -4.03 %. Profit before tax declined annually by -21.21 % but saw a reduction from the preceding quarter by -25.72 %.
Tax expenses as a percentage of profits decreased slightly by -1.44 % compared to last year, with a more notable quarter-on-quarter decrease of -9.67 %. Net profit fell by -19.82 % year-on-year but witnessed a -15.89 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -21.09 % but a quarterly fall of -17.19 %. In summary, Datamatics Global Services 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. 391.09 Cr | Rs. 412.71 Cr | Rs. 393.99 Cr | -4.54 % | + 0.74 % |
Expenses | Rs. 323.31 Cr | Rs. 348.06 Cr | Rs. 342.59 Cr | -1.57 % | + 5.96 % |
Operating Profit | Rs. 67.78 Cr | Rs. 64.65 Cr | Rs. 51.4 Cr | -20.49 % | -24.17 % |
Net Profit | Rs. 54.65 Cr | Rs. 52.1 Cr | Rs. 43.82 Cr | -15.89 % | -19.82 % |
EPS in Rs | Rs. 9.34 | Rs. 8.9 | Rs. 7.37 | -17.19 % | -21.09 % |
In reviewing Datamatics Global Services Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0.74 % year-on-year growth, although there was a slight dip of -4.54 % from the previous quarter. Expenses rose by 5.96 % compared to the previous year, with a decrease of -1.57 % quarter-on-quarter. Operating Profit dropped by -24.17 % annually, and saw a -20.49 % decrease from the last quarter.
Net Profit showed yearly decrease of -19.82 %, and experienced a -15.89 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -21.09 % annually, however dipped by -17.19 % compared to the last quarter. In essence, while Datamatics Global Services 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.