Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 58.36 % in the past year, substantial increase in net sales/revenue by 107.84 %.
- 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 0 %. Marginal decrease of -66.67% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Loyal Equipments Limited. Notable increase of 8.86 % in net profit Year to Year, Loyal Equipments Limited’s profitability increased by 136.94 % in this quarter.
- EPS over the Year and quarter: EPS increased by 8.75 % Year to Year. EPS increased by 136.08 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 17.367 Cr | Rs. 13.232 Cr | Rs. 27.502 Cr | + 107.84 % | + 58.36 % |
| Expenses | Rs. 12.54 Cr | Rs. 10.42 Cr | Rs. 21.43 Cr | + 105.66 % | + 70.89 % |
| Operating Profit | Rs. 4.83 Cr | Rs. 2.81 Cr | Rs. 6.07 Cr | + 116.01 % | + 25.67 % |
| OPM % | 27.81 % | 21.24 % | 22.07 % | + 0.83 % | -5.74 % |
| Other Income | Rs. 0.02 Cr | Rs. 0.06 Cr | Rs. 0.02 Cr | -66.67 % | + 0 % |
| Interest | Rs. 0.45 Cr | Rs. 0.11 Cr | Rs. 0.54 Cr | + 390.91 % | + 20 % |
| Depreciation | Rs. 0.5 Cr | Rs. 0.52 Cr | Rs. 0.53 Cr | + 1.92 % | + 6 % |
| Profit before tax | Rs. 3.9 Cr | Rs. 2.24 Cr | Rs. 5.02 Cr | + 124.11 % | + 28.72 % |
| Tax % | 10.26 % | 27.96 % | 24.17 % | -3.79 % | + 13.91 % |
| Net Profit | Rs. 3.5 Cr | Rs. 1.61 Cr | Rs. 3.81 Cr | + 136.65 % | + 8.86 % |
| EPS in Rs | Rs. 3.43 | Rs. 1.58 | Rs. 3.73 | + 136.08 % | + 8.75 % |
Today, we’re looking at Loyal Equipments 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 58.36 %. However, it did see a marginal increase of 107.84 % from the previous quarter. Expenses ticked up slightly by 105.66 % quarter-on-quarter, aligning with the annual rise of 70.89 %. Operating profit, while up 25.67 % compared to last year, faced a quarter-on-quarter increase of 116.01 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -5.74 %, but an expansion of 0.83 % sequentially. Other income fell by -66.67 % compared to the last quarter, despite an annual growth of 0 %. Interest expenses surged remarkably by 390.91 % from the previous quarter, yet the year-over-year increase remains at a moderate 20 %. Depreciation costs climbed by 1.92 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 6 %. Profit before tax grew annually by 28.72 % but saw an increase from the preceding quarter by 124.11 %.
Tax expenses as a percentage of profits increased slightly by 13.91 % compared to last year, with a more notable quarter-on-quarter decrease of -3.79 %. Net profit rose by 8.86 % year-on-year but experienced a 136.65 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 8.75 % but a quarterly rise of 136.08 %. In summary, Loyal Equipments 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. 17.367 Cr | Rs. 13.232 Cr | Rs. 27.502 Cr | + 107.84 % | + 58.36 % |
| Expenses | Rs. 12.54 Cr | Rs. 10.42 Cr | Rs. 21.43 Cr | + 105.66 % | + 70.89 % |
| Operating Profit | Rs. 4.83 Cr | Rs. 2.81 Cr | Rs. 6.07 Cr | + 116.01 % | + 25.67 % |
| Net Profit | Rs. 3.5 Cr | Rs. 1.61 Cr | Rs. 3.81 Cr | + 136.65 % | + 8.86 % |
| EPS in Rs | Rs. 3.43 | Rs. 1.58 | Rs. 3.73 | + 136.08 % | + 8.75 % |
In reviewing Loyal Equipments Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 58.36 % year-on-year growth, however, there was a minor increase of 107.84 % from the previous quarter. Expenses rose by 70.89 % compared to the previous year, with a 105.66 % increase quarter-on-quarter. Operating Profit surged by 25.67 % annually, and saw a 116.01 % increase from the last quarter.
Net Profit showed yearly increase of 8.86 %, and experienced a 136.65 % increase from the previous quarter. Earnings Per Share (EPS) rose by 8.75 % annually, however rose by 136.08 % compared to the last quarter. In essence, while Loyal Equipments 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.
