Garden Reach Shipbuilders & Engineers : Q4 2024 Financial Quarterly Report : YoY Sales Up 68.96 %, QoQ Up 10.03 %

The comprehensive analytics outlining the performance and outlook of Garden Reach Shipbuilders & Engineers Limited”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 Garden Reach Shipbuilders & Engineers Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 68.96 %. However, it did see a marginal increase of 10.03 % from the previous quarter. Expenses ticked up slightly by 5.81 % quarter-on-quarter, aligning with the annual rise of 59.31 %. Operating profit, while up 343.05 % compared to last year, faced a quarter-on-quarter increase of 85.84 %, 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 5.52 %, but an expansion of 3.64 % sequentially. Other income fell by -6.85 % compared to the last quarter, despite an annual growth of 8.58 %. Interest expenses surged remarkably by 188.5 % from the previous quarter, yet the year-over-year decrease remains at a moderate -19.31 %. Depreciation costs fell by -0.29 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.89 %. Profit before tax grew annually by 100.26 % but saw an increase from the preceding quarter by 28.78 %.
Tax expenses as a percentage of profits decreased slightly by -0.54 % compared to last year, with a more notable quarter-on-quarter increase of 1.35 %. Net profit rose by 101.81 % year-on-year but experienced a 26.46 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 101.66 % but a quarterly rise of 26.49 %. In summary, Garden Reach Shipbuilders & Engineers Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Garden Reach Shipbuilders & Engineers Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 68.96 % year-on-year growth, however, there was a minor increase of 10.03 % from the previous quarter. Expenses rose by 59.31 % compared to the previous year, with a 5.81 % increase quarter-on-quarter. Operating Profit surged by 343.05 % annually, and saw a 85.84 % increase from the last quarter.
Net Profit showed yearly increase of 101.81 %, and experienced a 26.46 % increase from the previous quarter. Earnings Per Share (EPS) rose by 101.66 % annually, however rose by 26.49 % compared to the last quarter. In essence, while Garden Reach Shipbuilders & Engineers Limited 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.