Share the post "Johnson Controls-Hitachi Air Conditioning India : Q4 2024 Financial Quarterly Report : YoY Sales Up 40.94 %, QoQ Up 157.65 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 40.94 % in the past year, substantial increase in net sales/revenue by 157.65 %.
- 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 28.45 %. Marginal increase in other income during this quarter, up by 26.81%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Johnson Controls-Hitachi Air Conditioning India Ltd.. Profit dropped by -4704.72 % Year to Year, Johnson Controls-Hitachi Air Conditioning India Ltd.’s profitability dropped by -280.04 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -4,600.00 % Year to Year. EPS decreased by -280 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 547.62 Cr | Rs. 299.56 Cr | Rs. 771.81 Cr | + 157.65 % | + 40.94 % |
Expenses | Rs. 524.26 Cr | Rs. 302.71 Cr | Rs. 690.41 Cr | + 128.08 % | + 31.69 % |
Operating Profit | Rs. 23.36 Cr | Rs. -3.15 Cr | Rs. 81.4 Cr | + 2684.13 % | + 248.46 % |
OPM % | 4.27 % | -1.05 % | 10.55 % | + 11.6 % | + 6.28 % |
Other Income | Rs. 2.32 Cr | Rs. 2.35 Cr | Rs. 2.98 Cr | + 26.81 % | + 28.45 % |
Interest | Rs. 2.54 Cr | Rs. 4.99 Cr | Rs. 1.93 Cr | -61.32 % | -24.02 % |
Depreciation | Rs. 18.58 Cr | Rs. 16.53 Cr | Rs. 15.62 Cr | -5.51 % | -15.93 % |
Profit before tax | Rs. 4.56 Cr | Rs. -22.32 Cr | Rs. 66.83 Cr | + 399.42 % | + 1365.57 % |
Tax % | 149.07 % | -23.14 % | 24.98 % | + 48.12 % | -124.09 % |
Net Profit | Rs. -1.06 Cr | Rs. -27.11 Cr | Rs. 48.81 Cr | + 280.04 % | + 4704.72 % |
EPS in Rs | Rs. -0.4 | Rs. -10 | Rs. 18 | + 280 % | + 4600 % |
Today, we’re looking at Johnson Controls-Hitachi Air Conditioning India Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 40.94 %. However, it did see a marginal increase of 157.65 % from the previous quarter. Expenses ticked up slightly by 128.08 % quarter-on-quarter, aligning with the annual rise of 31.69 %. Operating profit, while up 248.46 % compared to last year, faced a quarter-on-quarter increase of 2684.13 %, 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 6.28 %, but an expansion of 11.6 % sequentially. Other income rose by 26.81 % compared to the last quarter, despite an annual growth of 28.45 %. Interest expenses dropped significantly by -61.32 % from the previous quarter, yet the year-over-year decrease remains at a moderate -24.02 %. Depreciation costs fell by -5.51 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -15.93 %. Profit before tax grew annually by 1365.57 % but saw an increase from the preceding quarter by 399.42 %.
Tax expenses as a percentage of profits decreased slightly by -124.09 % compared to last year, with a more notable quarter-on-quarter increase of 48.12 %. Net profit rose by 4704.72 % year-on-year but experienced a 280.04 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 4600 % but a quarterly rise of 280 %. In summary, Johnson Controls-Hitachi Air Conditioning 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. 547.62 Cr | Rs. 299.56 Cr | Rs. 771.81 Cr | + 157.65 % | + 40.94 % |
Expenses | Rs. 524.26 Cr | Rs. 302.71 Cr | Rs. 690.41 Cr | + 128.08 % | + 31.69 % |
Operating Profit | Rs. 23.36 Cr | Rs. -3.15 Cr | Rs. 81.4 Cr | + 2684.13 % | + 248.46 % |
Net Profit | Rs. -1.06 Cr | Rs. -27.11 Cr | Rs. 48.81 Cr | + 280.04 % | + 4704.72 % |
EPS in Rs | Rs. -0.4 | Rs. -10 | Rs. 18 | + 280 % | + 4600 % |
In reviewing Johnson Controls-Hitachi Air Conditioning India Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 40.94 % year-on-year growth, however, there was a minor increase of 157.65 % from the previous quarter. Expenses rose by 31.69 % compared to the previous year, with a 128.08 % increase quarter-on-quarter. Operating Profit surged by 248.46 % annually, and saw a 2684.13 % increase from the last quarter.
Net Profit showed yearly increase of 4704.72 %, and experienced a 280.04 % increase from the previous quarter. Earnings Per Share (EPS) rose by 4600 % annually, however rose by 280 % compared to the last quarter. In essence, while Johnson Controls-Hitachi Air Conditioning India Ltd. 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.