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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 146.86 % in the past year, substantial increase in net sales/revenue by 32.08 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -97.11 %, Marginal decrease of -85.38% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Dhanashree Electronics Limited. Notable increase of 97.91 % in net profit Year to Year, Dhanashree Electronics Limited’s profitability increased by 139.28 % in this quarter.
- EPS over the Year and quarter: EPS increased by 98.44 % Year to Year. EPS increased by 139.62 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 12.045 Cr | Rs. 22.512 Cr | Rs. 29.734 Cr | + 32.08 % | + 146.86 % |
Expenses | Rs. 23.87 Cr | Rs. 22.77 Cr | Rs. 24.42 Cr | + 7.25 % | + 2.3 % |
Operating Profit | Rs. -11.83 Cr | Rs. -0.26 Cr | Rs. 5.31 Cr | + 2142.31 % | + 144.89 % |
OPM % | -98.22 % | -1.15 % | 17.86 % | + 19.01 % | + 116.08 % |
Other Income | Rs. 15.25 Cr | Rs. 3.01 Cr | Rs. 0.44 Cr | -85.38 % | -97.11 % |
Interest | Rs. 1.59 Cr | Rs. 1.59 Cr | Rs. 3.11 Cr | + 95.6 % | + 95.6 % |
Depreciation | Rs. 0.11 Cr | Rs. 0.15 Cr | Rs. 0.15 Cr | + 0 % | + 36.36 % |
Profit before tax | Rs. 1.72 Cr | Rs. 1.01 Cr | Rs. 2.49 Cr | + 146.53 % | + 44.77 % |
Tax % | 47.09 % | 25.89 % | 27.87 % | + 1.98 % | -19.22 % |
Net Profit | Rs. 0.91 Cr | Rs. 0.75 Cr | Rs. 1.8 Cr | + 140 % | + 97.8 % |
EPS in Rs | Rs. 0.64 | Rs. 0.53 | Rs. 1.27 | + 139.62 % | + 98.44 % |
Today, we’re looking at Dhanashree Electronics 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 146.86 %. However, it did see a marginal increase of 32.08 % from the previous quarter. Expenses ticked up slightly by 7.25 % quarter-on-quarter, aligning with the annual rise of 2.3 %. Operating profit, while up 144.89 % compared to last year, faced a quarter-on-quarter increase of 2142.31 %, 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 116.08 %, but an expansion of 19.01 % sequentially. Other income fell by -85.38 % compared to the last quarter, despite an annual decline of -97.11 %. Interest expenses surged remarkably by 95.6 % from the previous quarter, yet the year-over-year increase remains at a moderate 95.6 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 36.36 %. Profit before tax grew annually by 44.77 % but saw an increase from the preceding quarter by 146.53 %.
Tax expenses as a percentage of profits decreased slightly by -19.22 % compared to last year, with a more notable quarter-on-quarter increase of 1.98 %. Net profit rose by 97.8 % year-on-year but experienced a 140 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 98.44 % but a quarterly rise of 139.62 %. In summary, Dhanashree Electronics 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. 12.045 Cr | Rs. 22.512 Cr | Rs. 29.734 Cr | + 32.08 % | + 146.86 % |
Expenses | Rs. 23.87 Cr | Rs. 22.77 Cr | Rs. 24.42 Cr | + 7.25 % | + 2.3 % |
Operating Profit | Rs. -11.83 Cr | Rs. -0.26 Cr | Rs. 5.31 Cr | + 2142.31 % | + 144.89 % |
Net Profit | Rs. 0.91 Cr | Rs. 0.75 Cr | Rs. 1.8 Cr | + 140 % | + 97.8 % |
EPS in Rs | Rs. 0.64 | Rs. 0.53 | Rs. 1.27 | + 139.62 % | + 98.44 % |
In reviewing Dhanashree Electronics Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 146.86 % year-on-year growth, however, there was a minor increase of 32.08 % from the previous quarter. Expenses rose by 2.3 % compared to the previous year, with a 7.25 % increase quarter-on-quarter. Operating Profit surged by 144.89 % annually, and saw a 2142.31 % increase from the last quarter.
Net Profit showed yearly increase of 97.8 %, and experienced a 140 % increase from the previous quarter. Earnings Per Share (EPS) rose by 98.44 % annually, however rose by 139.62 % compared to the last quarter. In essence, while Dhanashree Electronics 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.