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NETWEB TECHNOLOGIES INDIA LIMITED’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales decreased by 42.11 % in YoY and increased by 4.93 % in QoQ

May 8, 2024May 8, 2024| adminadmin| 0 Comments| 6:15 pm
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Highlights

  • Sales over the Year and quarter: The company’s sales declined by -42.11 % over the year, substantial increase in net sales/revenue by 4.93 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -81.84 %, Marginal decrease of -12.64% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for NETWEB TECHNOLOGIES INDIA LIMITED. Notable increase of 89.95 % in net profit Year to Year, NETWEB TECHNOLOGIES INDIA LIMITED’s profitability increased by 14 % in this quarter.
  • EPS over the Year and quarter: EPS declined by -4.40 % Year to Year. EPS increased by 13.84 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of NETWEB TECHNOLOGIES INDIA 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. 459.335 Cr Rs. 253.401 Cr Rs. 265.888 Cr + 4.93 % -42.11 %
Expenses Rs. 414.26 Cr Rs. 219.16 Cr Rs. 225.47 Cr + 2.88 % -45.57 %
Operating Profit Rs. 45.08 Cr Rs. 34.24 Cr Rs. 40.42 Cr + 18.05 % -10.34 %
OPM % 9.81 % 13.51 % 15.2 % + 1.69 % + 5.39 %
Other Income Rs. 21.7 Cr Rs. 4.51 Cr Rs. 3.94 Cr -12.64 % -81.84 %
Interest Rs. 14.64 Cr Rs. 1.8 Cr Rs. 2.83 Cr + 57.22 % -80.67 %
Depreciation Rs. 16.63 Cr Rs. 1.81 Cr Rs. 1.73 Cr -4.42 % -89.6 %
Profit before tax Rs. 35.51 Cr Rs. 35.14 Cr Rs. 39.8 Cr + 13.26 % + 12.08 %
Tax % 21.52 % 26 % 25.48 % -0.52 % + 3.96 %
Net Profit Rs. 15.61 Cr Rs. 26.01 Cr Rs. 29.66 Cr + 14.03 % + 90.01 %
EPS in Rs Rs. 5.68 Rs. 4.77 Rs. 5.43 + 13.84 % -4.4 %


Today, we’re looking at NETWEB TECHNOLOGIES INDIA LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -42.11 %. However, it did see a marginal increase of 4.93 % from the previous quarter. Expenses ticked up slightly by 2.88 % quarter-on-quarter, aligning with the annual decline of -45.57 %. Operating profit, while down -10.34 % compared to last year, faced a quarter-on-quarter increase of 18.05 %, 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 5.39 %, but an expansion of 1.69 % sequentially. Other income fell by -12.64 % compared to the last quarter, despite an annual decline of -81.84 %. Interest expenses surged remarkably by 57.22 % from the previous quarter, yet the year-over-year decrease remains at a moderate -80.67 %. Depreciation costs fell by -4.42 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -89.6 %. Profit before tax grew annually by 12.08 % but saw an increase from the preceding quarter by 13.26 %.
Tax expenses as a percentage of profits increased slightly by 3.96 % compared to last year, with a more notable quarter-on-quarter decrease of -0.52 %. Net profit rose by 90.01 % year-on-year but experienced a 14.03 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -4.4 % but a quarterly rise of 13.84 %. In summary, NETWEB TECHNOLOGIES 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. 459.335 Cr Rs. 253.401 Cr Rs. 265.888 Cr + 4.93 % -42.11 %
Expenses Rs. 414.26 Cr Rs. 219.16 Cr Rs. 225.47 Cr + 2.88 % -45.57 %
Operating Profit Rs. 45.08 Cr Rs. 34.24 Cr Rs. 40.42 Cr + 18.05 % -10.34 %
Net Profit Rs. 15.61 Cr Rs. 26.01 Cr Rs. 29.66 Cr + 14.03 % + 90.01 %
EPS in Rs Rs. 5.68 Rs. 4.77 Rs. 5.43 + 13.84 % -4.4 %


In reviewing NETWEB TECHNOLOGIES INDIA LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -42.11 % year-on-year, however, there was a minor increase of 4.93 % from the previous quarter. Expenses decreased by -45.57 % compared to the previous year, with a 2.88 % increase quarter-on-quarter. Operating Profit dropped by -10.34 % annually, and saw a 18.05 % increase from the last quarter.
Net Profit showed yearly increase of 90.01 %, and experienced a 14.03 % increase from the previous quarter. Earnings Per Share (EPS) fell by -4.4 % annually, however rose by 13.84 % compared to the last quarter. In essence, while NETWEB TECHNOLOGIES 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.

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