Engineers India : Q4 2024 Financial Quarterly Report : YoY Sales Down 8.52 %, QoQ Down 7.2 %

The comprehensive analytics outlining the performance and outlook of Engineers 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.

Today, we’re looking at Engineers India Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -8.52 %. However, it did see a marginal slip of -7.2 % from the previous quarter. Expenses decreased slightly by -10.99 % quarter-on-quarter, aligning with the annual rise of 2.04 %. Operating profit, while down -53.6 % compared to last year, faced a quarter-on-quarter increase of 54.7 %, 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 -9.35 %, but an expansion of 3.85 % sequentially. Other income rose by 87.45 % compared to the last quarter, despite an annual decline of -1.41 %. Interest expenses surged remarkably by 20.9 % from the previous quarter, yet the year-over-year increase remains at a moderate 88.37 %. Depreciation costs climbed by 26.71 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 51.2 %. Profit before tax declined annually by -39.81 % but saw an increase from the preceding quarter by 74.27 %.
Tax expenses as a percentage of profits increased slightly by 0.26 % compared to last year, with a more notable quarter-on-quarter decrease of -2.71 %. Net profit fell by -39.25 % year-on-year but experienced a 82.37 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -39.35 % but a quarterly rise of 81.42 %. In summary, Engineers India Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Engineers India Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -8.52 % year-on-year, although there was a slight dip of -7.2 % from the previous quarter. Expenses rose by 2.04 % compared to the previous year, with a decrease of -10.99 % quarter-on-quarter. Operating Profit dropped by -53.6 % annually, and saw a 54.7 % increase from the last quarter.
Net Profit showed yearly decrease of -39.25 %, and experienced a 82.37 % increase from the previous quarter. Earnings Per Share (EPS) fell by -39.35 % annually, however rose by 81.42 % compared to the last quarter. In essence, while Engineers India Ltd. faces strong annual decline 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.