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Duncan Engineering : Q4 2024 Financial Quarterly Report : YoY Sales Down 0.19 %, QoQ Up 22.64 %

May 17, 2024May 17, 2024| adminadmin| 0 Comments| 3:53 pm
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Highlights

  • Sales over the Year and quarter: The company’s sales declined by -0.19 % over the year, substantial increase in net sales/revenue by 22.64 %.
  • 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 70.27 %. Marginal increase in other income during this quarter, up by 23.53%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Duncan Engineering Limited. Profit dropped by -8.13 % Year to Year, Duncan Engineering Limited’s profitability increased by 60.34 % in this quarter.
  • EPS over the Year and quarter: EPS declined by -8.15 % Year to Year. EPS increased by 60.06 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Duncan Engineering 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. 18.469 Cr Rs. 15.031 Cr Rs. 18.434 Cr + 22.64 % -0.19 %
Expenses Rs. 15.51 Cr Rs. 13.42 Cr Rs. 15.94 Cr + 18.78 % + 2.77 %
Operating Profit Rs. 2.96 Cr Rs. 1.61 Cr Rs. 2.49 Cr + 54.66 % -15.88 %
OPM % 16.03 % 10.71 % 13.51 % + 2.8 % -2.52 %
Other Income Rs. 0.37 Cr Rs. 0.51 Cr Rs. 0.63 Cr + 23.53 % + 70.27 %
Interest Rs. 0.08 Cr Rs. 0.02 Cr Rs. 0.01 Cr -50 % -87.5 %
Depreciation Rs. 0.41 Cr Rs. 0.43 Cr Rs. 0.42 Cr -2.33 % + 2.44 %
Profit before tax Rs. 2.84 Cr Rs. 1.67 Cr Rs. 2.69 Cr + 61.08 % -5.28 %
Tax % 23.26 % 25.19 % 25.75 % + 0.56 % + 2.49 %
Net Profit Rs. 2.18 Cr Rs. 1.25 Cr Rs. 2 Cr + 60 % -8.26 %
EPS in Rs Rs. 5.89 Rs. 3.38 Rs. 5.41 + 60.06 % -8.15 %


Today, we’re looking at Duncan Engineering 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 -0.19 %. However, it did see a marginal increase of 22.64 % from the previous quarter. Expenses ticked up slightly by 18.78 % quarter-on-quarter, aligning with the annual rise of 2.77 %. Operating profit, while down -15.88 % compared to last year, faced a quarter-on-quarter increase of 54.66 %, 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 -2.52 %, but an expansion of 2.8 % sequentially. Other income rose by 23.53 % compared to the last quarter, despite an annual growth of 70.27 %. Interest expenses dropped significantly by -50 % from the previous quarter, yet the year-over-year decrease remains at a moderate -87.5 %. Depreciation costs fell by -2.33 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 2.44 %. Profit before tax declined annually by -5.28 % but saw an increase from the preceding quarter by 61.08 %.
Tax expenses as a percentage of profits increased slightly by 2.49 % compared to last year, with a more notable quarter-on-quarter increase of 0.56 %. Net profit fell by -8.26 % year-on-year but experienced a 60 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -8.15 % but a quarterly rise of 60.06 %. In summary, Duncan Engineering 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. 18.469 Cr Rs. 15.031 Cr Rs. 18.434 Cr + 22.64 % -0.19 %
Expenses Rs. 15.51 Cr Rs. 13.42 Cr Rs. 15.94 Cr + 18.78 % + 2.77 %
Operating Profit Rs. 2.96 Cr Rs. 1.61 Cr Rs. 2.49 Cr + 54.66 % -15.88 %
Net Profit Rs. 2.18 Cr Rs. 1.25 Cr Rs. 2 Cr + 60 % -8.26 %
EPS in Rs Rs. 5.89 Rs. 3.38 Rs. 5.41 + 60.06 % -8.15 %


In reviewing Duncan Engineering Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -0.19 % year-on-year, however, there was a minor increase of 22.64 % from the previous quarter. Expenses rose by 2.77 % compared to the previous year, with a 18.78 % increase quarter-on-quarter. Operating Profit dropped by -15.88 % annually, and saw a 54.66 % increase from the last quarter.
Net Profit showed yearly decrease of -8.26 %, and experienced a 60 % increase from the previous quarter. Earnings Per Share (EPS) fell by -8.15 % annually, however rose by 60.06 % compared to the last quarter. In essence, while Duncan Engineering 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.

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