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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 21.04 % in the past year, substantial increase in net sales/revenue by 25.55 %.
- 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 241.1 %. Marginal increase in other income during this quarter, up by 283.08%.
- Profit over the Year and quarter: Significant improvement in profitability for Indo Tech Transformers Limited. Notable increase of 32.49 % in net profit Year to Year, Indo Tech Transformers Limited’s profitability increased by 139.42 % in this quarter.
- EPS over the Year and quarter: EPS increased by 32.53 % Year to Year. EPS increased by 139.36 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 144.67 Cr | Rs. 139.47 Cr | Rs. 175.11 Cr | + 25.55 % | + 21.04 % |
Expenses | Rs. 122.93 Cr | Rs. 124.22 Cr | Rs. 148.07 Cr | + 19.2 % | + 20.45 % |
Operating Profit | Rs. 21.74 Cr | Rs. 15.25 Cr | Rs. 27.04 Cr | + 77.31 % | + 24.38 % |
OPM % | 15.03 % | 10.93 % | 15.44 % | + 4.51 % | + 0.41 % |
Other Income | Rs. 0.73 Cr | Rs. 0.65 Cr | Rs. 2.49 Cr | + 283.08 % | + 241.1 % |
Interest | Rs. 1.17 Cr | Rs. 0.56 Cr | Rs. 1.18 Cr | + 110.71 % | + 0.85 % |
Depreciation | Rs. 2 Cr | Rs. 1.29 Cr | Rs. 1.28 Cr | -0.78 % | -36 % |
Profit before tax | Rs. 19.3 Cr | Rs. 14.05 Cr | Rs. 27.07 Cr | + 92.67 % | + 40.26 % |
Tax % | 0 % | 23.99 % | 5.54 % | -18.45 % | + 5.54 % |
Net Profit | Rs. 19.3 Cr | Rs. 10.68 Cr | Rs. 25.57 Cr | + 139.42 % | + 32.49 % |
EPS in Rs | Rs. 18.17 | Rs. 10.06 | Rs. 24.08 | + 139.36 % | + 32.53 % |
Today, we’re looking at Indo Tech Transformers 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 21.04 %. However, it did see a marginal increase of 25.55 % from the previous quarter. Expenses ticked up slightly by 19.2 % quarter-on-quarter, aligning with the annual rise of 20.45 %. Operating profit, while up 24.38 % compared to last year, faced a quarter-on-quarter increase of 77.31 %, 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 0.41 %, but an expansion of 4.51 % sequentially. Other income rose by 283.08 % compared to the last quarter, despite an annual growth of 241.1 %. Interest expenses surged remarkably by 110.71 % from the previous quarter, yet the year-over-year increase remains at a moderate 0.85 %. Depreciation costs fell by -0.78 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -36 %. Profit before tax grew annually by 40.26 % but saw an increase from the preceding quarter by 92.67 %.
Tax expenses as a percentage of profits increased slightly by 5.54 % compared to last year, with a more notable quarter-on-quarter decrease of -18.45 %. Net profit rose by 32.49 % year-on-year but experienced a 139.42 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 32.53 % but a quarterly rise of 139.36 %. In summary, Indo Tech Transformers 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. 144.67 Cr | Rs. 139.47 Cr | Rs. 175.11 Cr | + 25.55 % | + 21.04 % |
Expenses | Rs. 122.93 Cr | Rs. 124.22 Cr | Rs. 148.07 Cr | + 19.2 % | + 20.45 % |
Operating Profit | Rs. 21.74 Cr | Rs. 15.25 Cr | Rs. 27.04 Cr | + 77.31 % | + 24.38 % |
Net Profit | Rs. 19.3 Cr | Rs. 10.68 Cr | Rs. 25.57 Cr | + 139.42 % | + 32.49 % |
EPS in Rs | Rs. 18.17 | Rs. 10.06 | Rs. 24.08 | + 139.36 % | + 32.53 % |
In reviewing Indo Tech Transformers Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 21.04 % year-on-year growth, however, there was a minor increase of 25.55 % from the previous quarter. Expenses rose by 20.45 % compared to the previous year, with a 19.2 % increase quarter-on-quarter. Operating Profit surged by 24.38 % annually, and saw a 77.31 % increase from the last quarter.
Net Profit showed yearly increase of 32.49 %, and experienced a 139.42 % increase from the previous quarter. Earnings Per Share (EPS) rose by 32.53 % annually, however rose by 139.36 % compared to the last quarter. In essence, while Indo Tech Transformers 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.