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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 77.55 % in the past year, substantial increase in net sales/revenue by 79.86 %.
- 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 22.42 %. Marginal increase in other income during this quarter, up by 3.24%.
- Profit over the Year and quarter: Significant improvement in profitability for Duncan Engineering Limited. Notable increase of 53.79 % in net profit Year to Year, Duncan Engineering Limited’s profitability increased by 213.83 % in this quarter.
- EPS over the Year and quarter: EPS increased by 53.56 % Year to Year. EPS increased by 213.62 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 15.997 Cr | Rs. 15.792 Cr | Rs. 28.403 Cr | + 79.86 % | + 77.55 % |
Expenses | Rs. 13.87 Cr | Rs. 14.83 Cr | Rs. 24.99 Cr | + 68.51 % | + 80.17 % |
Operating Profit | Rs. 2.13 Cr | Rs. 0.96 Cr | Rs. 3.41 Cr | + 255.21 % | + 60.09 % |
OPM % | 13.31 % | 6.08 % | 12.01 % | + 5.93 % | -1.3 % |
Other Income | Rs. 0.495 Cr | Rs. 0.587 Cr | Rs. 0.606 Cr | + 3.24 % | + 22.42 % |
Interest | Rs. 0.04 Cr | Rs. 0.01 Cr | Rs. 0.1 Cr | + 900 % | + 150 % |
Depreciation | Rs. 0.42 Cr | Rs. 0.46 Cr | Rs. 0.58 Cr | + 26.09 % | + 38.1 % |
Profit before tax | Rs. 2.17 Cr | Rs. 1.08 Cr | Rs. 3.34 Cr | + 209.26 % | + 53.92 % |
Tax % | 25.58 % | 26.83 % | 25.96 % | -0.87 % | + 0.38 % |
Net Profit | Rs. 1.61 Cr | Rs. 0.79 Cr | Rs. 2.47 Cr | + 212.66 % | + 53.42 % |
EPS in Rs | Rs. 4.35 | Rs. 2.13 | Rs. 6.68 | + 213.62 % | + 53.56 % |
Today, we’re looking at Duncan Engineering Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 77.55 %. However, it did see a marginal increase of 79.86 % from the previous quarter. Expenses ticked up slightly by 68.51 % quarter-on-quarter, aligning with the annual rise of 80.17 %. Operating profit, while up 60.09 % compared to last year, faced a quarter-on-quarter increase of 255.21 %, 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 -1.3 %, but an expansion of 5.93 % sequentially. Other income rose by 3.24 % compared to the last quarter, despite an annual growth of 22.42 %. Interest expenses surged remarkably by 900 % from the previous quarter, yet the year-over-year increase remains at a moderate 150 %. Depreciation costs climbed by 26.09 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 38.1 %. Profit before tax grew annually by 53.92 % but saw an increase from the preceding quarter by 209.26 %.
Tax expenses as a percentage of profits increased slightly by 0.38 % compared to last year, with a more notable quarter-on-quarter decrease of -0.87 %. Net profit rose by 53.42 % year-on-year but experienced a 212.66 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 53.56 % but a quarterly rise of 213.62 %. 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. 15.997 Cr | Rs. 15.792 Cr | Rs. 28.403 Cr | + 79.86 % | + 77.55 % |
Expenses | Rs. 13.87 Cr | Rs. 14.83 Cr | Rs. 24.99 Cr | + 68.51 % | + 80.17 % |
Operating Profit | Rs. 2.13 Cr | Rs. 0.96 Cr | Rs. 3.41 Cr | + 255.21 % | + 60.09 % |
Net Profit | Rs. 1.61 Cr | Rs. 0.79 Cr | Rs. 2.47 Cr | + 212.66 % | + 53.42 % |
EPS in Rs | Rs. 4.35 | Rs. 2.13 | Rs. 6.68 | + 213.62 % | + 53.56 % |
In reviewing Duncan Engineering Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 77.55 % year-on-year growth, however, there was a minor increase of 79.86 % from the previous quarter. Expenses rose by 80.17 % compared to the previous year, with a 68.51 % increase quarter-on-quarter. Operating Profit surged by 60.09 % annually, and saw a 255.21 % increase from the last quarter.
Net Profit showed yearly increase of 53.42 %, and experienced a 212.66 % increase from the previous quarter. Earnings Per Share (EPS) rose by 53.56 % annually, however rose by 213.62 % compared to the last quarter. In essence, while Duncan Engineering 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.
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