Share the post "Escorts Kubota Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales decreased by 5.46 % in YoY and decreased by 10.59 % in QoQ"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -5.46 % over the year, decrease in net sales/revenue by -10.59 %.
- 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 39.08 %. Marginal increase in other income during this quarter, up by 9.85%.
- Profit over the Year and quarter: Significant improvement in profitability for Escorts Kubota Limited. Notable increase of 16.37 % in net profit Year to Year, Escorts Kubota Limited’s profitability dropped by -11.31 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 16.21 % Year to Year. EPS decreased by -11.34 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 2214.48 Cr | Rs. 2341.62 Cr | Rs. 2093.53 Cr | -10.59 % | -5.46 % |
Expenses | Rs. 1981.32 Cr | Rs. 2027.25 Cr | Rs. 1832.97 Cr | -9.58 % | -7.49 % |
Operating Profit | Rs. 233.16 Cr | Rs. 314.37 Cr | Rs. 260.56 Cr | -17.12 % | + 11.75 % |
OPM % | 10.53 % | 13.43 % | 12.45 % | -0.98 % | + 1.92 % |
Other Income | Rs. 86.46 Cr | Rs. 109.47 Cr | Rs. 120.25 Cr | + 9.85 % | + 39.08 % |
Interest | Rs. 3.63 Cr | Rs. 3.18 Cr | Rs. 3.98 Cr | + 25.16 % | + 9.64 % |
Depreciation | Rs. 38.37 Cr | Rs. 41.64 Cr | Rs. 44.16 Cr | + 6.05 % | + 15.09 % |
Profit before tax | Rs. 277.62 Cr | Rs. 379.02 Cr | Rs. 332.67 Cr | -12.23 % | + 19.83 % |
Tax % | 22.92 % | 25.46 % | 25.4 % | -0.06 % | + 2.48 % |
Net Profit | Rs. 216.46 Cr | Rs. 284.01 Cr | Rs. 251.89 Cr | -11.31 % | + 16.37 % |
EPS in Rs | Rs. 19.99 | Rs. 26.2 | Rs. 23.23 | -11.34 % | + 16.21 % |
Today, we’re looking at Escorts Kubota Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -5.46 %. However, it did see a marginal slip of -10.59 % from the previous quarter. Expenses decreased slightly by -9.58 % quarter-on-quarter, aligning with the annual decline of -7.49 %. Operating profit, while up 11.75 % compared to last year, faced a quarter-on-quarter dip of -17.12 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 1.92 %, but a shrinkage of -0.98 % sequentially. Other income rose by 9.85 % compared to the last quarter, despite an annual growth of 39.08 %. Interest expenses surged remarkably by 25.16 % from the previous quarter, yet the year-over-year increase remains at a moderate 9.64 %. Depreciation costs climbed by 6.05 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 15.09 %. Profit before tax grew annually by 19.83 % but saw a reduction from the preceding quarter by -12.23 %.
Tax expenses as a percentage of profits increased slightly by 2.48 % compared to last year, with a more notable quarter-on-quarter decrease of -0.06 %. Net profit rose by 16.37 % year-on-year but witnessed a -11.31 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 16.21 % but a quarterly fall of -11.34 %. In summary, Escorts Kubota 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. 2214.48 Cr | Rs. 2341.62 Cr | Rs. 2093.53 Cr | -10.59 % | -5.46 % |
Expenses | Rs. 1981.32 Cr | Rs. 2027.25 Cr | Rs. 1832.97 Cr | -9.58 % | -7.49 % |
Operating Profit | Rs. 233.16 Cr | Rs. 314.37 Cr | Rs. 260.56 Cr | -17.12 % | + 11.75 % |
Net Profit | Rs. 216.46 Cr | Rs. 284.01 Cr | Rs. 251.89 Cr | -11.31 % | + 16.37 % |
EPS in Rs | Rs. 19.99 | Rs. 26.2 | Rs. 23.23 | -11.34 % | + 16.21 % |
In reviewing Escorts Kubota Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -5.46 % year-on-year, although there was a slight dip of -10.59 % from the previous quarter. Expenses decreased by -7.49 % compared to the previous year, with a decrease of -9.58 % quarter-on-quarter. Operating Profit surged by 11.75 % annually, and saw a -17.12 % decrease from the last quarter.
Net Profit showed yearly increase of 16.37 %, and experienced a -11.31 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 16.21 % annually, however dipped by -11.34 % compared to the last quarter. In essence, while Escorts Kubota Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.