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Ingersoll-Rand (India) : Q4 2024 Financial Quarterly Report : YoY Sales Down 0.25 %, QoQ Down 7.77 %

May 29, 2024May 29, 2024| adminadmin| 0 Comments| 2:35 pm
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Highlights

  • Sales over the Year and quarter: The company’s sales declined by -0.25 % over the year, decrease in net sales/revenue by -7.77 %.
  • 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 150.46 %. Marginal increase in other income during this quarter, up by 141.56%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Ingersoll-Rand (India) Ltd.. Profit dropped by -4.83 % Year to Year, Ingersoll-Rand (India) Ltd.’s profitability increased by 15.96 % in this quarter.
  • EPS over the Year and quarter: EPS declined by -4.84 % Year to Year. EPS increased by 15.93 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Ingersoll-Rand (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.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 304.4 Cr Rs. 329.21 Cr Rs. 303.64 Cr -7.77 % -0.25 %
Expenses Rs. 213.92 Cr Rs. 254.41 Cr Rs. 225.17 Cr -11.49 % + 5.26 %
Operating Profit Rs. 90.48 Cr Rs. 74.8 Cr Rs. 78.47 Cr + 4.91 % -13.27 %
OPM % 29.72 % 22.72 % 25.84 % + 3.12 % -3.88 %
Other Income Rs. 4.34 Cr Rs. 4.5 Cr Rs. 10.87 Cr + 141.56 % + 150.46 %
Interest Rs. 0.2 Cr Rs. 0.47 Cr Rs. 0.61 Cr + 29.79 % + 205 %
Depreciation Rs. 4.31 Cr Rs. 4.53 Cr Rs. 4.27 Cr -5.74 % -0.93 %
Profit before tax Rs. 90.31 Cr Rs. 74.3 Cr Rs. 84.46 Cr + 13.67 % -6.48 %
Tax % 25.69 % 25.87 % 24.38 % -1.49 % -1.31 %
Net Profit Rs. 67.11 Cr Rs. 55.08 Cr Rs. 63.87 Cr + 15.96 % -4.83 %
EPS in Rs Rs. 21.26 Rs. 17.45 Rs. 20.23 + 15.93 % -4.84 %


Today, we’re looking at Ingersoll-Rand (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 -0.25 %. However, it did see a marginal slip of -7.77 % from the previous quarter. Expenses decreased slightly by -11.49 % quarter-on-quarter, aligning with the annual rise of 5.26 %. Operating profit, while down -13.27 % compared to last year, faced a quarter-on-quarter increase of 4.91 %, 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 -3.88 %, but an expansion of 3.12 % sequentially. Other income rose by 141.56 % compared to the last quarter, despite an annual growth of 150.46 %. Interest expenses surged remarkably by 29.79 % from the previous quarter, yet the year-over-year increase remains at a moderate 205 %. Depreciation costs fell by -5.74 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -0.93 %. Profit before tax declined annually by -6.48 % but saw an increase from the preceding quarter by 13.67 %.
Tax expenses as a percentage of profits decreased slightly by -1.31 % compared to last year, with a more notable quarter-on-quarter decrease of -1.49 %. Net profit fell by -4.83 % year-on-year but experienced a 15.96 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -4.84 % but a quarterly rise of 15.93 %. In summary, Ingersoll-Rand (India) Ltd.’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. 304.4 Cr Rs. 329.21 Cr Rs. 303.64 Cr -7.77 % -0.25 %
Expenses Rs. 213.92 Cr Rs. 254.41 Cr Rs. 225.17 Cr -11.49 % + 5.26 %
Operating Profit Rs. 90.48 Cr Rs. 74.8 Cr Rs. 78.47 Cr + 4.91 % -13.27 %
Net Profit Rs. 67.11 Cr Rs. 55.08 Cr Rs. 63.87 Cr + 15.96 % -4.83 %
EPS in Rs Rs. 21.26 Rs. 17.45 Rs. 20.23 + 15.93 % -4.84 %


In reviewing Ingersoll-Rand (India) Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -0.25 % year-on-year, although there was a slight dip of -7.77 % from the previous quarter. Expenses rose by 5.26 % compared to the previous year, with a decrease of -11.49 % quarter-on-quarter. Operating Profit dropped by -13.27 % annually, and saw a 4.91 % increase from the last quarter.
Net Profit showed yearly decrease of -4.83 %, and experienced a 15.96 % increase from the previous quarter. Earnings Per Share (EPS) fell by -4.84 % annually, however rose by 15.93 % compared to the last quarter. In essence, while Ingersoll-Rand (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.

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