Share the post "MAESTROS ELECTRONICS & TELECOMMUNICATIONS SYSTEMS : Q4 2024 Financial Quarterly Report : YoY Sales Up 48.4 %, QoQ Up 323.37 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 48.4 % in the past year, substantial increase in net sales/revenue by 323.37 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -82.87 %, Marginal decrease of -49.18% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for MAESTROS ELECTRONICS & TELECOMMUNICATIONS SYSTEMS LTD. Notable increase of 87.28 % in net profit Year to Year, MAESTROS ELECTRONICS & TELECOMMUNICATIONS SYSTEMS LTD’s profitability increased by 1292.97 % in this quarter.
- EPS over the Year and quarter: EPS increased by 87.20 % Year to Year. EPS increased by 1276.47 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 9.546 Cr | Rs. 3.346 Cr | Rs. 14.166 Cr | + 323.37 % | + 48.4 % |
Expenses | Rs. 7.85 Cr | Rs. 3.45 Cr | Rs. 10.65 Cr | + 208.7 % | + 35.67 % |
Operating Profit | Rs. 1.7 Cr | Rs. -0.1 Cr | Rs. 3.52 Cr | + 3620 % | + 107.06 % |
OPM % | 17.81 % | -2.99 % | 24.85 % | + 27.84 % | + 7.04 % |
Other Income | Rs. 1.81 Cr | Rs. 0.61 Cr | Rs. 0.31 Cr | -49.18 % | -82.87 % |
Interest | Rs. 0.16 Cr | Rs. 0.15 Cr | Rs. 0.18 Cr | + 20 % | + 12.5 % |
Depreciation | Rs. 0.11 Cr | Rs. 0.12 Cr | Rs. 0.13 Cr | + 8.33 % | + 18.18 % |
Profit before tax | Rs. 3.24 Cr | Rs. 0.24 Cr | Rs. 3.52 Cr | + 1366.67 % | + 8.64 % |
Tax % | 26.02 % | 21.94 % | 24.94 % | + 3 % | -1.08 % |
Net Profit | Rs. 1.38 Cr | Rs. 0.19 Cr | Rs. 2.58 Cr | + 1257.89 % | + 86.96 % |
EPS in Rs | Rs. 2.5 | Rs. 0.34 | Rs. 4.68 | + 1276.47 % | + 87.2 % |
Today, we’re looking at MAESTROS ELECTRONICS & TELECOMMUNICATIONS SYSTEMS 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 48.4 %. However, it did see a marginal increase of 323.37 % from the previous quarter. Expenses ticked up slightly by 208.7 % quarter-on-quarter, aligning with the annual rise of 35.67 %. Operating profit, while up 107.06 % compared to last year, faced a quarter-on-quarter increase of 3620 %, 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 7.04 %, but an expansion of 27.84 % sequentially. Other income fell by -49.18 % compared to the last quarter, despite an annual decline of -82.87 %. Interest expenses surged remarkably by 20 % from the previous quarter, yet the year-over-year increase remains at a moderate 12.5 %. Depreciation costs climbed by 8.33 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 18.18 %. Profit before tax grew annually by 8.64 % but saw an increase from the preceding quarter by 1366.67 %.
Tax expenses as a percentage of profits decreased slightly by -1.08 % compared to last year, with a more notable quarter-on-quarter increase of 3 %. Net profit rose by 86.96 % year-on-year but experienced a 1257.89 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 87.2 % but a quarterly rise of 1276.47 %. In summary, MAESTROS ELECTRONICS & TELECOMMUNICATIONS SYSTEMS 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. 9.546 Cr | Rs. 3.346 Cr | Rs. 14.166 Cr | + 323.37 % | + 48.4 % |
Expenses | Rs. 7.85 Cr | Rs. 3.45 Cr | Rs. 10.65 Cr | + 208.7 % | + 35.67 % |
Operating Profit | Rs. 1.7 Cr | Rs. -0.1 Cr | Rs. 3.52 Cr | + 3620 % | + 107.06 % |
Net Profit | Rs. 1.38 Cr | Rs. 0.19 Cr | Rs. 2.58 Cr | + 1257.89 % | + 86.96 % |
EPS in Rs | Rs. 2.5 | Rs. 0.34 | Rs. 4.68 | + 1276.47 % | + 87.2 % |
In reviewing MAESTROS ELECTRONICS & TELECOMMUNICATIONS SYSTEMS LTD’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 48.4 % year-on-year growth, however, there was a minor increase of 323.37 % from the previous quarter. Expenses rose by 35.67 % compared to the previous year, with a 208.7 % increase quarter-on-quarter. Operating Profit surged by 107.06 % annually, and saw a 3620 % increase from the last quarter.
Net Profit showed yearly increase of 86.96 %, and experienced a 1257.89 % increase from the previous quarter. Earnings Per Share (EPS) rose by 87.2 % annually, however rose by 1276.47 % compared to the last quarter. In essence, while MAESTROS ELECTRONICS & TELECOMMUNICATIONS SYSTEMS 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.