Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 152.79 % in the past year, substantial increase in net sales/revenue by 26.27 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -98.43 %, Marginal decrease of -14.29% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for DRC Systems India Limited. Notable increase of 233.56 % in net profit Year to Year, DRC Systems India Limited’s profitability dropped by -22.48 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 3.45 % Year to Year. EPS decreased by -74.14 % 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. 6.774 Cr | Rs. 13.561 Cr | Rs. 17.124 Cr | + 26.27 % | + 152.79 % |
| Expenses | Rs. 8.75 Cr | Rs. 7.86 Cr | Rs. 12.32 Cr | + 56.74 % | + 40.8 % |
| Operating Profit | Rs. -1.98 Cr | Rs. 5.7 Cr | Rs. 4.8 Cr | -15.79 % | + 342.42 % |
| OPM % | -29.23 % | 42.03 % | 28.03 % | -14 % | + 57.26 % |
| Other Income | Rs. 3.82 Cr | Rs. 0.07 Cr | Rs. 0.06 Cr | -14.29 % | -98.43 % |
| Interest | Rs. 0.01 Cr | Rs. 0.02 Cr | Rs. 0.02 Cr | + 0 % | + 100 % |
| Depreciation | Rs. 0.42 Cr | Rs. 0.72 Cr | Rs. 0.78 Cr | + 8.33 % | + 85.71 % |
| Profit before tax | Rs. 1.41 Cr | Rs. 5.03 Cr | Rs. 4.06 Cr | -19.28 % | + 187.94 % |
| Tax % | 14.07 % | 1.38 % | 2.72 % | + 1.34 % | -11.35 % |
| Net Profit | Rs. 1.19 Cr | Rs. 5.1 Cr | Rs. 3.96 Cr | -22.35 % | + 232.77 % |
| EPS in Rs | Rs. 0.29 | Rs. 1.14 | Rs. 0.3 | -73.68 % | + 3.45 % |
Today, we’re looking at DRC Systems India 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 152.79 %. However, it did see a marginal increase of 26.27 % from the previous quarter. Expenses ticked up slightly by 56.74 % quarter-on-quarter, aligning with the annual rise of 40.8 %. Operating profit, while up 342.42 % compared to last year, faced a quarter-on-quarter dip of -15.79 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 57.26 %, but a shrinkage of -14 % sequentially. Other income fell by -14.29 % compared to the last quarter, despite an annual decline of -98.43 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 100 %. Depreciation costs climbed by 8.33 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 85.71 %. Profit before tax grew annually by 187.94 % but saw a reduction from the preceding quarter by -19.28 %.
Tax expenses as a percentage of profits decreased slightly by -11.35 % compared to last year, with a more notable quarter-on-quarter increase of 1.34 %. Net profit rose by 232.77 % year-on-year but witnessed a -22.35 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 3.45 % but a quarterly fall of -73.68 %. In summary, DRC Systems India 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. 6.774 Cr | Rs. 13.561 Cr | Rs. 17.124 Cr | + 26.27 % | + 152.79 % |
| Expenses | Rs. 8.75 Cr | Rs. 7.86 Cr | Rs. 12.32 Cr | + 56.74 % | + 40.8 % |
| Operating Profit | Rs. -1.98 Cr | Rs. 5.7 Cr | Rs. 4.8 Cr | -15.79 % | + 342.42 % |
| Net Profit | Rs. 1.19 Cr | Rs. 5.1 Cr | Rs. 3.96 Cr | -22.35 % | + 232.77 % |
| EPS in Rs | Rs. 0.29 | Rs. 1.14 | Rs. 0.3 | -73.68 % | + 3.45 % |
In reviewing DRC Systems India Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 152.79 % year-on-year growth, however, there was a minor increase of 26.27 % from the previous quarter. Expenses rose by 40.8 % compared to the previous year, with a 56.74 % increase quarter-on-quarter. Operating Profit surged by 342.42 % annually, and saw a -15.79 % decrease from the last quarter.
Net Profit showed yearly increase of 232.77 %, and experienced a -22.35 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 3.45 % annually, however dipped by -73.68 % compared to the last quarter. In essence, while DRC Systems India 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.
