Share the post "Eicher Motors Ltd. : .Q4 .2024 .Quarterly Earnings: .YoY Sales Up .11.87. %, QoQ Up .1.85. %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 11.87 % in the past year, substantial increase in net sales/revenue by 1.85 %.
- 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 15.33 %. Marginal increase in other income during this quarter, up by 18.87%.
- Profit over the Year and quarter: Significant improvement in profitability for Eicher Motors Ltd.. Notable increase of 18.21 % in net profit Year to Year, Eicher Motors Ltd.’s profitability increased by 7.48 % in this quarter.
- EPS over the Year and quarter: EPS increased by 18.09 % Year to Year. EPS increased by 7.48 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 3804.32 Cr | Rs. 4178.84 Cr | Rs. 4256.04 Cr | + 1.85 % | + 11.87 % |
Expenses | Rs. 2870.67 Cr | Rs. 3088.57 Cr | Rs. 3127.4 Cr | + 1.26 % | + 8.94 % |
Operating Profit | Rs. 933.65 Cr | Rs. 1090.27 Cr | Rs. 1128.64 Cr | + 3.52 % | + 20.88 % |
OPM % | 24.54 % | 26.09 % | 26.52 % | + 0.43 % | + 1.98 % |
Other Income | Rs. 378.89 Cr | Rs. 367.58 Cr | Rs. 436.96 Cr | + 18.87 % | + 15.33 % |
Interest | Rs. 8.16 Cr | Rs. 12.43 Cr | Rs. 15.34 Cr | + 23.41 % | + 87.99 % |
Depreciation | Rs. 148.03 Cr | Rs. 147.54 Cr | Rs. 165.25 Cr | + 12 % | + 11.63 % |
Profit before tax | Rs. 1156.35 Cr | Rs. 1297.88 Cr | Rs. 1385.01 Cr | + 6.71 % | + 19.77 % |
Tax % | 25.51 % | 25.5 % | 25.1 % | -0.4 % | -0.41 % |
Net Profit | Rs. 905.58 Cr | Rs. 995.97 Cr | Rs. 1070.45 Cr | + 7.48 % | + 18.21 % |
EPS in Rs | Rs. 33.11 | Rs. 36.38 | Rs. 39.1 | + 7.48 % | + 18.09 % |
Today, we’re looking at Eicher Motors Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 11.87 %. However, it did see a marginal increase of 1.85 % from the previous quarter. Expenses ticked up slightly by 1.26 % quarter-on-quarter, aligning with the annual rise of 8.94 %. Operating profit, while up 20.88 % compared to last year, faced a quarter-on-quarter increase of 3.52 %, 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 1.98 %, but an expansion of 0.43 % sequentially. Other income rose by 18.87 % compared to the last quarter, despite an annual growth of 15.33 %. Interest expenses surged remarkably by 23.41 % from the previous quarter, yet the year-over-year increase remains at a moderate 87.99 %. Depreciation costs climbed by 12 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 11.63 %. Profit before tax grew annually by 19.77 % but saw an increase from the preceding quarter by 6.71 %.
Tax expenses as a percentage of profits decreased slightly by -0.41 % compared to last year, with a more notable quarter-on-quarter decrease of -0.4 %. Net profit rose by 18.21 % year-on-year but experienced a 7.48 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 18.09 % but a quarterly rise of 7.48 %. In summary, Eicher Motors Ltd.’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. 3804.32 Cr | Rs. 4178.84 Cr | Rs. 4256.04 Cr | + 1.85 % | + 11.87 % |
Expenses | Rs. 2870.67 Cr | Rs. 3088.57 Cr | Rs. 3127.4 Cr | + 1.26 % | + 8.94 % |
Operating Profit | Rs. 933.65 Cr | Rs. 1090.27 Cr | Rs. 1128.64 Cr | + 3.52 % | + 20.88 % |
Net Profit | Rs. 905.58 Cr | Rs. 995.97 Cr | Rs. 1070.45 Cr | + 7.48 % | + 18.21 % |
EPS in Rs | Rs. 33.11 | Rs. 36.38 | Rs. 39.1 | + 7.48 % | + 18.09 % |
In reviewing Eicher Motors Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 11.87 % year-on-year growth, however, there was a minor increase of 1.85 % from the previous quarter. Expenses rose by 8.94 % compared to the previous year, with a 1.26 % increase quarter-on-quarter. Operating Profit surged by 20.88 % annually, and saw a 3.52 % increase from the last quarter.
Net Profit showed yearly increase of 18.21 %, and experienced a 7.48 % increase from the previous quarter. Earnings Per Share (EPS) rose by 18.09 % annually, however rose by 7.48 % compared to the last quarter. In essence, while Eicher Motors Ltd. 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.