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Lokesh Machines : Q4 2024 Financial Quarterly Report : YoY Sales Up 19.9 %, QoQ Down 7.12 %

June 21, 2024June 21, 2024| adminadmin| 0 Comments| 12:10 pm
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 19.9 % in the past year, decrease in net sales/revenue by -7.12 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -81.84 %, Marginal increase in other income during this quarter, up by 75.68%.
  • Profit over the Year and quarter: Significant improvement in profitability for Lokesh Machines Limited. Notable increase of 58.53 % in net profit Year to Year, Lokesh Machines Limited’s profitability dropped by -8.05 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 53.94 % Year to Year. EPS decreased by -10.88 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Lokesh Machines Limited”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. 67.001 Cr Rs. 86.491 Cr Rs. 80.335 Cr -7.12 % + 19.9 %
Expenses Rs. 57.86 Cr Rs. 73.55 Cr Rs. 68.48 Cr -6.89 % + 18.35 %
Operating Profit Rs. 9.14 Cr Rs. 12.94 Cr Rs. 11.86 Cr -8.35 % + 29.76 %
OPM % 13.64 % 14.96 % 14.76 % -0.2 % + 1.12 %
Other Income Rs. 3.58 Cr Rs. 0.37 Cr Rs. 0.65 Cr + 75.68 % -81.84 %
Interest Rs. 2.49 Cr Rs. 2.9 Cr Rs. 2.96 Cr + 2.07 % + 18.88 %
Depreciation Rs. 2.35 Cr Rs. 2.73 Cr Rs. 2.45 Cr -10.26 % + 4.26 %
Profit before tax Rs. 7.88 Cr Rs. 7.68 Cr Rs. 7.1 Cr -7.55 % -9.9 %
Tax % 39.78 % 33.51 % 33.82 % + 0.31 % -5.96 %
Net Profit Rs. 2.96 Cr Rs. 5.11 Cr Rs. 4.69 Cr -8.22 % + 58.45 %
EPS in Rs Rs. 1.65 Rs. 2.85 Rs. 2.54 -10.88 % + 53.94 %


Today, we’re looking at Lokesh Machines 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 19.9 %. However, it did see a marginal slip of -7.12 % from the previous quarter. Expenses decreased slightly by -6.89 % quarter-on-quarter, aligning with the annual rise of 18.35 %. Operating profit, while up 29.76 % compared to last year, faced a quarter-on-quarter dip of -8.35 %, 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 1.12 %, but a shrinkage of -0.2 % sequentially. Other income rose by 75.68 % compared to the last quarter, despite an annual decline of -81.84 %. Interest expenses surged remarkably by 2.07 % from the previous quarter, yet the year-over-year increase remains at a moderate 18.88 %. Depreciation costs fell by -10.26 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 4.26 %. Profit before tax declined annually by -9.9 % but saw a reduction from the preceding quarter by -7.55 %.
Tax expenses as a percentage of profits decreased slightly by -5.96 % compared to last year, with a more notable quarter-on-quarter increase of 0.31 %. Net profit rose by 58.45 % year-on-year but witnessed a -8.22 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 53.94 % but a quarterly fall of -10.88 %. In summary, Lokesh Machines 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. 67.001 Cr Rs. 86.491 Cr Rs. 80.335 Cr -7.12 % + 19.9 %
Expenses Rs. 57.86 Cr Rs. 73.55 Cr Rs. 68.48 Cr -6.89 % + 18.35 %
Operating Profit Rs. 9.14 Cr Rs. 12.94 Cr Rs. 11.86 Cr -8.35 % + 29.76 %
Net Profit Rs. 2.96 Cr Rs. 5.11 Cr Rs. 4.69 Cr -8.22 % + 58.45 %
EPS in Rs Rs. 1.65 Rs. 2.85 Rs. 2.54 -10.88 % + 53.94 %


In reviewing Lokesh Machines Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 19.9 % year-on-year growth, although there was a slight dip of -7.12 % from the previous quarter. Expenses rose by 18.35 % compared to the previous year, with a decrease of -6.89 % quarter-on-quarter. Operating Profit surged by 29.76 % annually, and saw a -8.35 % decrease from the last quarter.
Net Profit showed yearly increase of 58.45 %, and experienced a -8.22 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 53.94 % annually, however dipped by -10.88 % compared to the last quarter. In essence, while Lokesh Machines Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.

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