Share the post "Josts Engineering Co : Q4 2024 Financial Quarterly Report : YoY Sales Up 13.68 %, QoQ Up 38.6 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 13.68 % in the past year, substantial increase in net sales/revenue by 38.6 %.
- 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 30.43 %. Marginal increase in other income during this quarter, up by 140%.
- Profit over the Year and quarter: Significant improvement in profitability for Josts Engineering Co. Ltd.,. Notable increase of 62.78 % in net profit Year to Year, Josts Engineering Co. Ltd.,’s profitability increased by 20.2 % in this quarter.
- EPS over the Year and quarter: EPS declined by -41.67 % Year to Year. EPS increased by 16.67 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 51.83 Cr | Rs. 42.51 Cr | Rs. 58.92 Cr | + 38.6 % | + 13.68 % |
| Expenses | Rs. 48.09 Cr | Rs. 37.41 Cr | Rs. 54.16 Cr | + 44.77 % | + 12.62 % |
| Operating Profit | Rs. 3.74 Cr | Rs. 5.1 Cr | Rs. 4.76 Cr | -6.67 % | + 27.27 % |
| OPM % | 7.22 % | 12 % | 8.08 % | -3.92 % | + 0.86 % |
| Other Income | Rs. 0.46 Cr | Rs. 0.25 Cr | Rs. 0.6 Cr | + 140 % | + 30.43 % |
| Interest | Rs. 0.13 Cr | Rs. 0.5 Cr | Rs. 0.34 Cr | -32 % | + 161.54 % |
| Depreciation | Rs. 0.36 Cr | Rs. 0.31 Cr | Rs. 0.39 Cr | + 25.81 % | + 8.33 % |
| Profit before tax | Rs. 3.71 Cr | Rs. 4.54 Cr | Rs. 4.63 Cr | + 1.98 % | + 24.8 % |
| Tax % | 39.89 % | 33.48 % | 21.6 % | -11.88 % | -18.29 % |
| Net Profit | Rs. 2.23 Cr | Rs. 3.02 Cr | Rs. 3.63 Cr | + 20.2 % | + 62.78 % |
| EPS in Rs | Rs. 12 | Rs. 6 | Rs. 7 | + 16.67 % | -41.67 % |
Today, we’re looking at Josts Engineering Co. 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 13.68 %. However, it did see a marginal increase of 38.6 % from the previous quarter. Expenses ticked up slightly by 44.77 % quarter-on-quarter, aligning with the annual rise of 12.62 %. Operating profit, while up 27.27 % compared to last year, faced a quarter-on-quarter dip of -6.67 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.86 %, but a shrinkage of -3.92 % sequentially. Other income rose by 140 % compared to the last quarter, despite an annual growth of 30.43 %. Interest expenses dropped significantly by -32 % from the previous quarter, yet the year-over-year increase remains at a moderate 161.54 %. Depreciation costs climbed by 25.81 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 8.33 %. Profit before tax grew annually by 24.8 % but saw an increase from the preceding quarter by 1.98 %.
Tax expenses as a percentage of profits decreased slightly by -18.29 % compared to last year, with a more notable quarter-on-quarter decrease of -11.88 %. Net profit rose by 62.78 % year-on-year but experienced a 20.2 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -41.67 % but a quarterly rise of 16.67 %. In summary, Josts Engineering Co. 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. 51.83 Cr | Rs. 42.51 Cr | Rs. 58.92 Cr | + 38.6 % | + 13.68 % |
| Expenses | Rs. 48.09 Cr | Rs. 37.41 Cr | Rs. 54.16 Cr | + 44.77 % | + 12.62 % |
| Operating Profit | Rs. 3.74 Cr | Rs. 5.1 Cr | Rs. 4.76 Cr | -6.67 % | + 27.27 % |
| Net Profit | Rs. 2.23 Cr | Rs. 3.02 Cr | Rs. 3.63 Cr | + 20.2 % | + 62.78 % |
| EPS in Rs | Rs. 12 | Rs. 6 | Rs. 7 | + 16.67 % | -41.67 % |
In reviewing Josts Engineering Co. Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.68 % year-on-year growth, however, there was a minor increase of 38.6 % from the previous quarter. Expenses rose by 12.62 % compared to the previous year, with a 44.77 % increase quarter-on-quarter. Operating Profit surged by 27.27 % annually, and saw a -6.67 % decrease from the last quarter.
Net Profit showed yearly increase of 62.78 %, and experienced a 20.2 % increase from the previous quarter. Earnings Per Share (EPS) fell by -41.67 % annually, however rose by 16.67 % compared to the last quarter. In essence, while Josts Engineering Co. 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.
