Share the post "JBM Auto Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 47.12 % in YoY and increased by 10.38 % in QoQ"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 47.12 % in the past year, substantial increase in net sales/revenue by 10.38 %.
- 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 396.77 %. Marginal increase in other income during this quarter, up by 93.41%.
- Profit over the Year and quarter: Significant improvement in profitability for JBM Auto Limited. Notable increase of 119.99 % in net profit Year to Year, JBM Auto Limited’s profitability increased by 20.05 % in this quarter.
- EPS over the Year and quarter: EPS increased by 96.67 % Year to Year. EPS increased by 14.56 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1010.06 Cr | Rs. 1346.17 Cr | Rs. 1485.95 Cr | + 10.38 % | + 47.12 % |
Expenses | Rs. 902.67 Cr | Rs. 1189.65 Cr | Rs. 1313.67 Cr | + 10.42 % | + 45.53 % |
Operating Profit | Rs. 107.39 Cr | Rs. 156.52 Cr | Rs. 172.28 Cr | + 10.07 % | + 60.42 % |
OPM % | 10.63 % | 11.63 % | 11.59 % | -0.04 % | + 0.96 % |
Other Income | Rs. 2.48 Cr | Rs. 6.37 Cr | Rs. 12.32 Cr | + 93.41 % | + 396.77 % |
Interest | Rs. 35.06 Cr | Rs. 54.28 Cr | Rs. 55.31 Cr | + 1.9 % | + 57.76 % |
Depreciation | Rs. 38.07 Cr | Rs. 42.7 Cr | Rs. 47.67 Cr | + 11.64 % | + 25.22 % |
Profit before tax | Rs. 36.74 Cr | Rs. 65.91 Cr | Rs. 81.62 Cr | + 23.84 % | + 122.16 % |
Tax % | 22.54 % | 21.87 % | 25.77 % | + 3.9 % | + 3.23 % |
Net Profit | Rs. 28.41 Cr | Rs. 52.06 Cr | Rs. 62.5 Cr | + 20.05 % | + 119.99 % |
EPS in Rs | Rs. 2.4 | Rs. 4.12 | Rs. 4.72 | + 14.56 % | + 96.67 % |
Today, we’re looking at JBM Auto 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 47.12 %. However, it did see a marginal increase of 10.38 % from the previous quarter. Expenses ticked up slightly by 10.42 % quarter-on-quarter, aligning with the annual rise of 45.53 %. Operating profit, while up 60.42 % compared to last year, faced a quarter-on-quarter increase of 10.07 %, 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 0.96 %, but a shrinkage of -0.04 % sequentially. Other income rose by 93.41 % compared to the last quarter, despite an annual growth of 396.77 %. Interest expenses surged remarkably by 1.9 % from the previous quarter, yet the year-over-year increase remains at a moderate 57.76 %. Depreciation costs climbed by 11.64 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 25.22 %. Profit before tax grew annually by 122.16 % but saw an increase from the preceding quarter by 23.84 %.
Tax expenses as a percentage of profits increased slightly by 3.23 % compared to last year, with a more notable quarter-on-quarter increase of 3.9 %. Net profit rose by 119.99 % year-on-year but experienced a 20.05 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 96.67 % but a quarterly rise of 14.56 %. In summary, JBM Auto 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. 1010.06 Cr | Rs. 1346.17 Cr | Rs. 1485.95 Cr | + 10.38 % | + 47.12 % |
Expenses | Rs. 902.67 Cr | Rs. 1189.65 Cr | Rs. 1313.67 Cr | + 10.42 % | + 45.53 % |
Operating Profit | Rs. 107.39 Cr | Rs. 156.52 Cr | Rs. 172.28 Cr | + 10.07 % | + 60.42 % |
Net Profit | Rs. 28.41 Cr | Rs. 52.06 Cr | Rs. 62.5 Cr | + 20.05 % | + 119.99 % |
EPS in Rs | Rs. 2.4 | Rs. 4.12 | Rs. 4.72 | + 14.56 % | + 96.67 % |
In reviewing JBM Auto Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 47.12 % year-on-year growth, however, there was a minor increase of 10.38 % from the previous quarter. Expenses rose by 45.53 % compared to the previous year, with a 10.42 % increase quarter-on-quarter. Operating Profit surged by 60.42 % annually, and saw a 10.07 % increase from the last quarter.
Net Profit showed yearly increase of 119.99 %, and experienced a 20.05 % increase from the previous quarter. Earnings Per Share (EPS) rose by 96.67 % annually, however rose by 14.56 % compared to the last quarter. In essence, while JBM Auto 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.