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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 19.75 % in the past year, substantial increase in net sales/revenue by 5.45 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -65.96 %, Marginal increase in other income during this quarter, up by 304.67%.
- Profit over the Year and quarter: Significant improvement in profitability for Motherson Sumi Wiring India Limited. Notable increase of 38.25 % in net profit Year to Year, Motherson Sumi Wiring India Limited’s profitability increased by 14.05 % in this quarter.
- EPS over the Year and quarter: EPS increased by 38.71 % Year to Year. EPS increased by 13.16 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1864.42 Cr | Rs. 2117.28 Cr | Rs. 2232.67 Cr | + 5.45 % | + 19.75 % |
Expenses | Rs. 1655.15 Cr | Rs. 1855.28 Cr | Rs. 1941.34 Cr | + 4.64 % | + 17.29 % |
Operating Profit | Rs. 209.27 Cr | Rs. 262 Cr | Rs. 291.33 Cr | + 11.19 % | + 39.21 % |
OPM % | 11.22 % | 12.37 % | 13.05 % | + 0.68 % | + 1.83 % |
Other Income | Rs. 12.72 Cr | Rs. 1.07 Cr | Rs. 4.33 Cr | + 304.67 % | -65.96 % |
Interest | Rs. 8.6 Cr | Rs. 6.39 Cr | Rs. 5.83 Cr | -8.76 % | -32.21 % |
Depreciation | Rs. 34.75 Cr | Rs. 37.69 Cr | Rs. 39.37 Cr | + 4.46 % | + 13.29 % |
Profit before tax | Rs. 178.64 Cr | Rs. 218.99 Cr | Rs. 250.46 Cr | + 14.37 % | + 40.2 % |
Tax % | 22.49 % | 23.35 % | 23.56 % | + 0.21 % | + 1.07 % |
Net Profit | Rs. 138.47 Cr | Rs. 167.86 Cr | Rs. 191.44 Cr | + 14.05 % | + 38.25 % |
EPS in Rs | Rs. 0.31 | Rs. 0.38 | Rs. 0.43 | + 13.16 % | + 38.71 % |
Today, we’re looking at Motherson Sumi Wiring India 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 19.75 %. However, it did see a marginal increase of 5.45 % from the previous quarter. Expenses ticked up slightly by 4.64 % quarter-on-quarter, aligning with the annual rise of 17.29 %. Operating profit, while up 39.21 % compared to last year, faced a quarter-on-quarter increase of 11.19 %, 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 1.83 %, but an expansion of 0.68 % sequentially. Other income rose by 304.67 % compared to the last quarter, despite an annual decline of -65.96 %. Interest expenses dropped significantly by -8.76 % from the previous quarter, yet the year-over-year decrease remains at a moderate -32.21 %. Depreciation costs climbed by 4.46 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 13.29 %. Profit before tax grew annually by 40.2 % but saw an increase from the preceding quarter by 14.37 %.
Tax expenses as a percentage of profits increased slightly by 1.07 % compared to last year, with a more notable quarter-on-quarter increase of 0.21 %. Net profit rose by 38.25 % year-on-year but experienced a 14.05 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 38.71 % but a quarterly rise of 13.16 %. In summary, Motherson Sumi Wiring India 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. 1864.42 Cr | Rs. 2117.28 Cr | Rs. 2232.67 Cr | + 5.45 % | + 19.75 % |
Expenses | Rs. 1655.15 Cr | Rs. 1855.28 Cr | Rs. 1941.34 Cr | + 4.64 % | + 17.29 % |
Operating Profit | Rs. 209.27 Cr | Rs. 262 Cr | Rs. 291.33 Cr | + 11.19 % | + 39.21 % |
Net Profit | Rs. 138.47 Cr | Rs. 167.86 Cr | Rs. 191.44 Cr | + 14.05 % | + 38.25 % |
EPS in Rs | Rs. 0.31 | Rs. 0.38 | Rs. 0.43 | + 13.16 % | + 38.71 % |
In reviewing Motherson Sumi Wiring India Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 19.75 % year-on-year growth, however, there was a minor increase of 5.45 % from the previous quarter. Expenses rose by 17.29 % compared to the previous year, with a 4.64 % increase quarter-on-quarter. Operating Profit surged by 39.21 % annually, and saw a 11.19 % increase from the last quarter.
Net Profit showed yearly increase of 38.25 %, and experienced a 14.05 % increase from the previous quarter. Earnings Per Share (EPS) rose by 38.71 % annually, however rose by 13.16 % compared to the last quarter. In essence, while Motherson Sumi Wiring India 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.