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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 24.69 % in the past year, substantial increase in net sales/revenue by 4.4 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -11.86 %, Marginal decrease of -10.28% in other income during this quarter
- Profit over the Year and quarter: Significant improvement in profitability for KFin Technologies Limited. Notable increase of 30.61 % in net profit Year to Year, KFin Technologies Limited’s profitability increased by 11.44 % in this quarter.
- EPS over the Year and quarter: EPS increased by 28.99 % Year to Year. EPS increased by 11.22 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 183.133 Cr | Rs. 218.717 Cr | Rs. 228.341 Cr | + 4.4 % | + 24.69 % |
Expenses | Rs. 99.3 Cr | Rs. 120.82 Cr | Rs. 123.74 Cr | + 2.42 % | + 24.61 % |
Operating Profit | Rs. 83.83 Cr | Rs. 97.9 Cr | Rs. 104.6 Cr | + 6.84 % | + 24.78 % |
OPM % | 45.78 % | 44.76 % | 45.81 % | + 1.05 % | + 0.03 % |
Other Income | Rs. 6.24 Cr | Rs. 6.13 Cr | Rs. 5.5 Cr | -10.28 % | -11.86 % |
Interest | Rs. 2.77 Cr | Rs. 1.17 Cr | Rs. 1.11 Cr | -5.13 % | -59.93 % |
Depreciation | Rs. 11.24 Cr | Rs. 13.41 Cr | Rs. 14.61 Cr | + 8.95 % | + 29.98 % |
Profit before tax | Rs. 76.06 Cr | Rs. 89.45 Cr | Rs. 94.38 Cr | + 5.51 % | + 24.09 % |
Tax % | 25.04 % | 25.2 % | 20.85 % | -4.35 % | -4.19 % |
Net Profit | Rs. 57.02 Cr | Rs. 66.83 Cr | Rs. 74.47 Cr | + 11.43 % | + 30.6 % |
EPS in Rs | Rs. 3.38 | Rs. 3.92 | Rs. 4.36 | + 11.22 % | + 28.99 % |
Today, we’re looking at KFin Technologies 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 24.69 %. However, it did see a marginal increase of 4.4 % from the previous quarter. Expenses ticked up slightly by 2.42 % quarter-on-quarter, aligning with the annual rise of 24.61 %. Operating profit, while up 24.78 % compared to last year, faced a quarter-on-quarter increase of 6.84 %, 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 0.03 %, but an expansion of 1.05 % sequentially. Other income fell by -10.28 % compared to the last quarter, despite an annual decline of -11.86 %. Interest expenses dropped significantly by -5.13 % from the previous quarter, yet the year-over-year decrease remains at a moderate -59.93 %. Depreciation costs climbed by 8.95 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 29.98 %. Profit before tax grew annually by 24.09 % but saw an increase from the preceding quarter by 5.51 %.
Tax expenses as a percentage of profits decreased slightly by -4.19 % compared to last year, with a more notable quarter-on-quarter decrease of -4.35 %. Net profit rose by 30.6 % year-on-year but experienced a 11.43 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 28.99 % but a quarterly rise of 11.22 %. In summary, KFin Technologies 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. 183.133 Cr | Rs. 218.717 Cr | Rs. 228.341 Cr | + 4.4 % | + 24.69 % |
Expenses | Rs. 99.3 Cr | Rs. 120.82 Cr | Rs. 123.74 Cr | + 2.42 % | + 24.61 % |
Operating Profit | Rs. 83.83 Cr | Rs. 97.9 Cr | Rs. 104.6 Cr | + 6.84 % | + 24.78 % |
Net Profit | Rs. 57.02 Cr | Rs. 66.83 Cr | Rs. 74.47 Cr | + 11.43 % | + 30.6 % |
EPS in Rs | Rs. 3.38 | Rs. 3.92 | Rs. 4.36 | + 11.22 % | + 28.99 % |
In reviewing KFin Technologies Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 24.69 % year-on-year growth, however, there was a minor increase of 4.4 % from the previous quarter. Expenses rose by 24.61 % compared to the previous year, with a 2.42 % increase quarter-on-quarter. Operating Profit surged by 24.78 % annually, and saw a 6.84 % increase from the last quarter.
Net Profit showed yearly increase of 30.6 %, and experienced a 11.43 % increase from the previous quarter. Earnings Per Share (EPS) rose by 28.99 % annually, however rose by 11.22 % compared to the last quarter. In essence, while KFin Technologies 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.