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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 66.67 % in the past year, decrease in net sales/revenue by -8.16 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is %, Marginal decrease of % in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for ECS Biztech Limited. Notable increase of 1611.25 % in net profit Year to Year, ECS Biztech Limited’s profitability increased by 12938.1 % in this quarter.
- EPS over the Year and quarter: EPS increased by 1,562.50 % Year to Year. EPS increased by 13200 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.297 Cr | Rs. 0.539 Cr | Rs. 0.495 Cr | -8.16 % | + 66.67 % |
Expenses | Rs. 0.31 Cr | Rs. 0.5 Cr | Rs. 0.44 Cr | -12 % | + 41.94 % |
Operating Profit | Rs. -0.01 Cr | Rs. 0.04 Cr | Rs. 0.06 Cr | + 50 % | + 700 % |
OPM % | -3.37 % | 7.42 % | 12.12 % | + 4.7 % | + 15.49 % |
Other Income | Rs. 0.04 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0.06 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0.03 Cr | Rs. 0.03 Cr | + 0 % | 0 % |
Profit before tax | Rs. -0.03 Cr | Rs. 0.01 Cr | Rs. 0.03 Cr | + 200 % | + 200 % |
Tax % | -711.54 % | 0 % | 10430.77 % | + 10430.77 % | + 11142.31 % |
Net Profit | Rs. 0.16 Cr | Rs. 0.02 Cr | Rs. 2.74 Cr | + 13600 % | + 1612.5 % |
EPS in Rs | Rs. 0.08 | Rs. 0.01 | Rs. 1.33 | + 13200 % | + 1562.5 % |
Today, we’re looking at ECS Biztech 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 66.67 %. However, it did see a marginal slip of -8.16 % from the previous quarter. Expenses decreased slightly by -12 % quarter-on-quarter, aligning with the annual rise of 41.94 %. Operating profit, while up 700 % compared to last year, faced a quarter-on-quarter increase of 50 %, 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 15.49 %, but an expansion of 4.7 % sequentially. Depreciation costs climbed by 0 % quarter-on-quarter, Profit before tax grew annually by 200 % but saw an increase from the preceding quarter by 200 %.
Tax expenses as a percentage of profits increased slightly by 11142.31 % compared to last year, with a more notable quarter-on-quarter increase of 10430.77 %. Net profit rose by 1612.5 % year-on-year but experienced a 13600 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 1562.5 % but a quarterly rise of 13200 %. In summary, ECS Biztech 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. 0.297 Cr | Rs. 0.539 Cr | Rs. 0.495 Cr | -8.16 % | + 66.67 % |
Expenses | Rs. 0.31 Cr | Rs. 0.5 Cr | Rs. 0.44 Cr | -12 % | + 41.94 % |
Operating Profit | Rs. -0.01 Cr | Rs. 0.04 Cr | Rs. 0.06 Cr | + 50 % | + 700 % |
Net Profit | Rs. 0.16 Cr | Rs. 0.02 Cr | Rs. 2.74 Cr | + 13600 % | + 1612.5 % |
EPS in Rs | Rs. 0.08 | Rs. 0.01 | Rs. 1.33 | + 13200 % | + 1562.5 % |
In reviewing ECS Biztech Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 66.67 % year-on-year growth, although there was a slight dip of -8.16 % from the previous quarter. Expenses rose by 41.94 % compared to the previous year, with a decrease of -12 % quarter-on-quarter. Operating Profit surged by 700 % annually, and saw a 50 % increase from the last quarter.
Net Profit showed yearly increase of 1612.5 %, and experienced a 13600 % increase from the previous quarter. Earnings Per Share (EPS) rose by 1562.5 % annually, however rose by 13200 % compared to the last quarter. In essence, while ECS Biztech 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.