Harsha Engineers International : Q4 2024 Financial Quarterly Report : YoY Sales Up 10.68 %, QoQ Up 17.24 %

The comprehensive analytics outlining the performance and outlook of Harsha Engineers International 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 Harsha Engineers International 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 10.68 %. However, it did see a marginal increase of 17.24 % from the previous quarter. Expenses ticked up slightly by 14.46 % quarter-on-quarter, aligning with the annual rise of 11.26 %. Operating profit, while up 7.36 % compared to last year, faced a quarter-on-quarter increase of 37.21 %, 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 -0.44 %, but an expansion of 2.09 % sequentially. Other income fell by -30.12 % compared to the last quarter, despite an annual growth of 33.16 %. Interest expenses dropped significantly by -0.35 % from the previous quarter, yet the year-over-year increase remains at a moderate 10.55 %. Depreciation costs fell by -0.4 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 9.07 %. Profit before tax grew annually by 10.18 % but saw an increase from the preceding quarter by 30.28 %.
Tax expenses as a percentage of profits decreased slightly by -1.7 % compared to last year, with a more notable quarter-on-quarter increase of 3.82 %. Net profit rose by 12.75 % year-on-year but experienced a 23.92 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 12.85 % but a quarterly rise of 23.93 %. In summary, Harsha Engineers International Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Harsha Engineers International Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 10.68 % year-on-year growth, however, there was a minor increase of 17.24 % from the previous quarter. Expenses rose by 11.26 % compared to the previous year, with a 14.46 % increase quarter-on-quarter. Operating Profit surged by 7.36 % annually, and saw a 37.21 % increase from the last quarter.
Net Profit showed yearly increase of 12.75 %, and experienced a 23.92 % increase from the previous quarter. Earnings Per Share (EPS) rose by 12.85 % annually, however rose by 23.93 % compared to the last quarter. In essence, while Harsha Engineers International 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.