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Elantas Beck India Ltd’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 4.21 % in YoY and increased by 1.58 % in QoQ

May 10, 2024May 10, 2024| adminadmin| 0 Comments| 2:05 pm
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 4.21 % in the past year, substantial increase in net sales/revenue by 1.58 %.
  • 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 94.99 %. Marginal decrease of -9.74% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for Elantas Beck India Ltd. Notable increase of 22.81 % in net profit Year to Year, Elantas Beck India Ltd’s profitability dropped by -0.24 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 22.82 % Year to Year. EPS decreased by -0.24 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Elantas Beck India Ltd”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. 169.443 Cr Rs. 173.83 Cr Rs. 176.579 Cr + 1.58 % + 4.21 %
Expenses Rs. 133.84 Cr Rs. 138.27 Cr Rs. 139.03 Cr + 0.55 % + 3.88 %
Operating Profit Rs. 35.6 Cr Rs. 35.56 Cr Rs. 37.55 Cr + 5.6 % + 5.48 %
OPM % 21.01 % 20.46 % 21.27 % + 0.81 % + 0.26 %
Other Income Rs. 7.79 Cr Rs. 16.83 Cr Rs. 15.19 Cr -9.74 % + 94.99 %
Interest Rs. 0.12 Cr Rs. 0.2 Cr Rs. 0.17 Cr -15 % + 41.67 %
Depreciation Rs. 2.86 Cr Rs. 3.08 Cr Rs. 3.1 Cr + 0.65 % + 8.39 %
Profit before tax Rs. 40.41 Cr Rs. 49.11 Cr Rs. 49.47 Cr + 0.73 % + 22.42 %
Tax % 25.64 % 24.66 % 25.4 % + 0.74 % -0.24 %
Net Profit Rs. 30.05 Cr Rs. 37 Cr Rs. 36.91 Cr -0.24 % + 22.83 %
EPS in Rs Rs. 37.91 Rs. 46.67 Rs. 46.56 -0.24 % + 22.82 %


Today, we’re looking at Elantas Beck India 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 4.21 %. However, it did see a marginal increase of 1.58 % from the previous quarter. Expenses ticked up slightly by 0.55 % quarter-on-quarter, aligning with the annual rise of 3.88 %. Operating profit, while up 5.48 % compared to last year, faced a quarter-on-quarter increase of 5.6 %, 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 0.26 %, but an expansion of 0.81 % sequentially. Other income fell by -9.74 % compared to the last quarter, despite an annual growth of 94.99 %. Interest expenses dropped significantly by -15 % from the previous quarter, yet the year-over-year increase remains at a moderate 41.67 %. Depreciation costs climbed by 0.65 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 8.39 %. Profit before tax grew annually by 22.42 % but saw an increase from the preceding quarter by 0.73 %.
Tax expenses as a percentage of profits decreased slightly by -0.24 % compared to last year, with a more notable quarter-on-quarter increase of 0.74 %. Net profit rose by 22.83 % year-on-year but witnessed a -0.24 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 22.82 % but a quarterly fall of -0.24 %. In summary, Elantas Beck India 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. 169.443 Cr Rs. 173.83 Cr Rs. 176.579 Cr + 1.58 % + 4.21 %
Expenses Rs. 133.84 Cr Rs. 138.27 Cr Rs. 139.03 Cr + 0.55 % + 3.88 %
Operating Profit Rs. 35.6 Cr Rs. 35.56 Cr Rs. 37.55 Cr + 5.6 % + 5.48 %
Net Profit Rs. 30.05 Cr Rs. 37 Cr Rs. 36.91 Cr -0.24 % + 22.83 %
EPS in Rs Rs. 37.91 Rs. 46.67 Rs. 46.56 -0.24 % + 22.82 %


In reviewing Elantas Beck India Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 4.21 % year-on-year growth, however, there was a minor increase of 1.58 % from the previous quarter. Expenses rose by 3.88 % compared to the previous year, with a 0.55 % increase quarter-on-quarter. Operating Profit surged by 5.48 % annually, and saw a 5.6 % increase from the last quarter.
Net Profit showed yearly increase of 22.83 %, and experienced a -0.24 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 22.82 % annually, however dipped by -0.24 % compared to the last quarter. In essence, while Elantas Beck India 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.

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