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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 170.51 % in the past year, substantial increase in net sales/revenue by 22.91 %.
- 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 460.98 %. Marginal decrease of -77.26% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Elpro International Ltd.,. Notable increase of 143.8 % in net profit Year to Year, Elpro International Ltd.,’s profitability increased by 97.89 % in this quarter.
- EPS over the Year and quarter: EPS increased by 144.35 % Year to Year. EPS increased by 97.89 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 51.5 Cr | Rs. 113.342 Cr | Rs. 139.311 Cr | + 22.91 % | + 170.51 % |
Expenses | Rs. 17.18 Cr | Rs. 98.37 Cr | Rs. 71.28 Cr | -27.54 % | + 314.9 % |
Operating Profit | Rs. 34.32 Cr | Rs. 14.97 Cr | Rs. 68.03 Cr | + 354.44 % | + 98.22 % |
OPM % | 66.64 % | 13.21 % | 48.83 % | + 35.62 % | -17.81 % |
Other Income | Rs. 0.92 Cr | Rs. 22.694 Cr | Rs. 5.161 Cr | -77.26 % | + 460.98 % |
Interest | Rs. 3.32 Cr | Rs. 10.33 Cr | Rs. 11.05 Cr | + 6.97 % | + 232.83 % |
Depreciation | Rs. 1.27 Cr | Rs. 1.42 Cr | Rs. 1.67 Cr | + 17.61 % | + 31.5 % |
Profit before tax | Rs. 30.65 Cr | Rs. 25.91 Cr | Rs. 60.47 Cr | + 133.38 % | + 97.29 % |
Tax % | 36.42 % | 7.3 % | 21.4 % | + 14.1 % | -15.02 % |
Net Profit | Rs. 19.5 Cr | Rs. 24.03 Cr | Rs. 47.55 Cr | + 97.88 % | + 143.85 % |
EPS in Rs | Rs. 1.15 | Rs. 1.42 | Rs. 2.81 | + 97.89 % | + 144.35 % |
Today, we’re looking at Elpro International Ltd.,’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 170.51 %. However, it did see a marginal increase of 22.91 % from the previous quarter. Expenses decreased slightly by -27.54 % quarter-on-quarter, aligning with the annual rise of 314.9 %. Operating profit, while up 98.22 % compared to last year, faced a quarter-on-quarter increase of 354.44 %, 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 -17.81 %, but an expansion of 35.62 % sequentially. Other income fell by -77.26 % compared to the last quarter, despite an annual growth of 460.98 %. Interest expenses surged remarkably by 6.97 % from the previous quarter, yet the year-over-year increase remains at a moderate 232.83 %. Depreciation costs climbed by 17.61 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 31.5 %. Profit before tax grew annually by 97.29 % but saw an increase from the preceding quarter by 133.38 %.
Tax expenses as a percentage of profits decreased slightly by -15.02 % compared to last year, with a more notable quarter-on-quarter increase of 14.1 %. Net profit rose by 143.85 % year-on-year but experienced a 97.88 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 144.35 % but a quarterly rise of 97.89 %. In summary, Elpro International 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. 51.5 Cr | Rs. 113.342 Cr | Rs. 139.311 Cr | + 22.91 % | + 170.51 % |
Expenses | Rs. 17.18 Cr | Rs. 98.37 Cr | Rs. 71.28 Cr | -27.54 % | + 314.9 % |
Operating Profit | Rs. 34.32 Cr | Rs. 14.97 Cr | Rs. 68.03 Cr | + 354.44 % | + 98.22 % |
Net Profit | Rs. 19.5 Cr | Rs. 24.03 Cr | Rs. 47.55 Cr | + 97.88 % | + 143.85 % |
EPS in Rs | Rs. 1.15 | Rs. 1.42 | Rs. 2.81 | + 97.89 % | + 144.35 % |
In reviewing Elpro International Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 170.51 % year-on-year growth, however, there was a minor increase of 22.91 % from the previous quarter. Expenses rose by 314.9 % compared to the previous year, with a decrease of -27.54 % quarter-on-quarter. Operating Profit surged by 98.22 % annually, and saw a 354.44 % increase from the last quarter.
Net Profit showed yearly increase of 143.85 %, and experienced a 97.88 % increase from the previous quarter. Earnings Per Share (EPS) rose by 144.35 % annually, however rose by 97.89 % compared to the last quarter. In essence, while Elpro International 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.