Share the post "Datamatics Global Services Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales decreased by 0.86 % in YoY and increased by 11.75 % in QoQ"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -0.86 % over the year, substantial increase in net sales/revenue by 11.75 %.
- 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 200.19 %. Marginal increase in other income during this quarter, up by 49.67%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Datamatics Global Services Limited. Profit dropped by -10.88 % Year to Year, Datamatics Global Services Limited’s profitability increased by 25.82 % in this quarter.
- EPS over the Year and quarter: EPS declined by -12.14 % Year to Year. EPS increased by 26.96 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 416.28 Cr | Rs. 369.3 Cr | Rs. 412.71 Cr | + 11.75 % | -0.86 % |
| Expenses | Rs. 332.14 Cr | Rs. 316.66 Cr | Rs. 348.06 Cr | + 9.92 % | + 4.79 % |
| Operating Profit | Rs. 84.14 Cr | Rs. 52.64 Cr | Rs. 64.65 Cr | + 22.82 % | -23.16 % |
| OPM % | 20.21 % | 14.25 % | 15.66 % | + 1.41 % | -4.55 % |
| Other Income | Rs. 5.29 Cr | Rs. 10.61 Cr | Rs. 15.88 Cr | + 49.67 % | + 200.19 % |
| Interest | Rs. 0.49 Cr | Rs. 0.54 Cr | Rs. 0.45 Cr | -16.67 % | -8.16 % |
| Depreciation | Rs. 8.85 Cr | Rs. 8.95 Cr | Rs. 8.8 Cr | -1.68 % | -0.56 % |
| Profit before tax | Rs. 80.09 Cr | Rs. 53.76 Cr | Rs. 71.28 Cr | + 32.59 % | -11 % |
| Tax % | 27.01 % | 22.97 % | 26.91 % | + 3.94 % | -0.1 % |
| Net Profit | Rs. 58.46 Cr | Rs. 41.41 Cr | Rs. 52.1 Cr | + 25.82 % | -10.88 % |
| EPS in Rs | Rs. 10.13 | Rs. 7.01 | Rs. 8.9 | + 26.96 % | -12.14 % |
Today, we’re looking at Datamatics Global Services Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -0.86 %. However, it did see a marginal increase of 11.75 % from the previous quarter. Expenses ticked up slightly by 9.92 % quarter-on-quarter, aligning with the annual rise of 4.79 %. Operating profit, while down -23.16 % compared to last year, faced a quarter-on-quarter increase of 22.82 %, 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 -4.55 %, but an expansion of 1.41 % sequentially. Other income rose by 49.67 % compared to the last quarter, despite an annual growth of 200.19 %. Interest expenses dropped significantly by -16.67 % from the previous quarter, yet the year-over-year decrease remains at a moderate -8.16 %. Depreciation costs fell by -1.68 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -0.56 %. Profit before tax declined annually by -11 % but saw an increase from the preceding quarter by 32.59 %.
Tax expenses as a percentage of profits decreased slightly by -0.1 % compared to last year, with a more notable quarter-on-quarter increase of 3.94 %. Net profit fell by -10.88 % year-on-year but experienced a 25.82 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -12.14 % but a quarterly rise of 26.96 %. 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. 416.28 Cr | Rs. 369.3 Cr | Rs. 412.71 Cr | + 11.75 % | -0.86 % |
| Expenses | Rs. 332.14 Cr | Rs. 316.66 Cr | Rs. 348.06 Cr | + 9.92 % | + 4.79 % |
| Operating Profit | Rs. 84.14 Cr | Rs. 52.64 Cr | Rs. 64.65 Cr | + 22.82 % | -23.16 % |
| Net Profit | Rs. 58.46 Cr | Rs. 41.41 Cr | Rs. 52.1 Cr | + 25.82 % | -10.88 % |
| EPS in Rs | Rs. 10.13 | Rs. 7.01 | Rs. 8.9 | + 26.96 % | -12.14 % |
In reviewing Datamatics Global Services Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -0.86 % year-on-year, however, there was a minor increase of 11.75 % from the previous quarter. Expenses rose by 4.79 % compared to the previous year, with a 9.92 % increase quarter-on-quarter. Operating Profit dropped by -23.16 % annually, and saw a 22.82 % increase from the last quarter.
Net Profit showed yearly decrease of -10.88 %, and experienced a 25.82 % increase from the previous quarter. Earnings Per Share (EPS) fell by -12.14 % annually, however rose by 26.96 % compared to the last quarter. In essence, while Datamatics Global Services Limited faces strong annual decline 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.
