Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 342.08 % in the past year, substantial increase in net sales/revenue by 51.52 %.
- 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 15.18 %. Marginal decrease of -2.04% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for DOLAT ALGOTECH LIMITED. Notable increase of 1035.16 % in net profit Year to Year, DOLAT ALGOTECH LIMITED’s profitability increased by 64.2 % in this quarter.
- EPS over the Year and quarter: EPS increased by 1,038.24 % Year to Year. EPS increased by 63.98 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 29.857 Cr | Rs. 87.109 Cr | Rs. 131.991 Cr | + 51.52 % | + 342.08 % |
| Expenses | Rs. 23.68 Cr | Rs. 35.01 Cr | Rs. 39.97 Cr | + 14.17 % | + 68.79 % |
| Operating Profit | Rs. 6.18 Cr | Rs. 52.1 Cr | Rs. 92.02 Cr | + 76.62 % | + 1389 % |
| OPM % | 20.7 % | 59.81 % | 69.72 % | + 9.91 % | + 49.02 % |
| Other Income | Rs. 10.41 Cr | Rs. 12.24 Cr | Rs. 11.99 Cr | -2.04 % | + 15.18 % |
| Interest | Rs. 6.41 Cr | Rs. 6.82 Cr | Rs. 8.71 Cr | + 27.71 % | + 35.88 % |
| Depreciation | Rs. 0.2 Cr | Rs. 0.32 Cr | Rs. 0.43 Cr | + 34.38 % | + 115 % |
| Profit before tax | Rs. 9.98 Cr | Rs. 57.2 Cr | Rs. 94.87 Cr | + 65.86 % | + 850.6 % |
| Tax % | 39.74 % | 27.36 % | 28.09 % | + 0.73 % | -11.65 % |
| Net Profit | Rs. 6.01 Cr | Rs. 41.55 Cr | Rs. 68.22 Cr | + 64.19 % | + 1035.11 % |
| EPS in Rs | Rs. 0.34 | Rs. 2.36 | Rs. 3.87 | + 63.98 % | + 1038.24 % |
Today, we’re looking at DOLAT ALGOTECH 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 342.08 %. However, it did see a marginal increase of 51.52 % from the previous quarter. Expenses ticked up slightly by 14.17 % quarter-on-quarter, aligning with the annual rise of 68.79 %. Operating profit, while up 1389 % compared to last year, faced a quarter-on-quarter increase of 76.62 %, 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 49.02 %, but an expansion of 9.91 % sequentially. Other income fell by -2.04 % compared to the last quarter, despite an annual growth of 15.18 %. Interest expenses surged remarkably by 27.71 % from the previous quarter, yet the year-over-year increase remains at a moderate 35.88 %. Depreciation costs climbed by 34.38 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 115 %. Profit before tax grew annually by 850.6 % but saw an increase from the preceding quarter by 65.86 %.
Tax expenses as a percentage of profits decreased slightly by -11.65 % compared to last year, with a more notable quarter-on-quarter increase of 0.73 %. Net profit rose by 1035.11 % year-on-year but experienced a 64.19 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 1038.24 % but a quarterly rise of 63.98 %. In summary, DOLAT ALGOTECH 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. 29.857 Cr | Rs. 87.109 Cr | Rs. 131.991 Cr | + 51.52 % | + 342.08 % |
| Expenses | Rs. 23.68 Cr | Rs. 35.01 Cr | Rs. 39.97 Cr | + 14.17 % | + 68.79 % |
| Operating Profit | Rs. 6.18 Cr | Rs. 52.1 Cr | Rs. 92.02 Cr | + 76.62 % | + 1389 % |
| Net Profit | Rs. 6.01 Cr | Rs. 41.55 Cr | Rs. 68.22 Cr | + 64.19 % | + 1035.11 % |
| EPS in Rs | Rs. 0.34 | Rs. 2.36 | Rs. 3.87 | + 63.98 % | + 1038.24 % |
In reviewing DOLAT ALGOTECH LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 342.08 % year-on-year growth, however, there was a minor increase of 51.52 % from the previous quarter. Expenses rose by 68.79 % compared to the previous year, with a 14.17 % increase quarter-on-quarter. Operating Profit surged by 1389 % annually, and saw a 76.62 % increase from the last quarter.
Net Profit showed yearly increase of 1035.11 %, and experienced a 64.19 % increase from the previous quarter. Earnings Per Share (EPS) rose by 1038.24 % annually, however rose by 63.98 % compared to the last quarter. In essence, while DOLAT ALGOTECH 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.
