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DRC Systems India : Q4 2024 Financial Quarterly Report : YoY Sales Up 152.79 %, QoQ Up 26.27 %

June 13, 2024June 13, 2024| adminadmin| 0 Comments| 11:45 pm
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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.

The comprehensive analytics outlining the performance and outlook of DRC Systems India Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

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.

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