Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 23.02 % in the past year, substantial increase in net sales/revenue by 15.95 %.
- 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 91.49 %. Marginal increase in other income during this quarter, up by 35.16%.
- Profit over the Year and quarter: Significant improvement in profitability for Newgen Software Technologies Limited. Notable increase of 33.91 % in net profit Year to Year, Newgen Software Technologies Limited’s profitability increased by 54.01 % in this quarter.
- EPS over the Year and quarter: EPS declined by -33.39 % Year to Year. EPS increased by 53.47 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 305.05 Cr | Rs. 323.653 Cr | Rs. 375.268 Cr | + 15.95 % | + 23.02 % |
| Expenses | Rs. 208.6 Cr | Rs. 246.61 Cr | Rs. 252.72 Cr | + 2.48 % | + 21.15 % |
| Operating Profit | Rs. 96.45 Cr | Rs. 77.04 Cr | Rs. 122.55 Cr | + 59.07 % | + 27.06 % |
| OPM % | 31.62 % | 23.8 % | 32.66 % | + 8.86 % | + 1.04 % |
| Other Income | Rs. 7.87 Cr | Rs. 11.15 Cr | Rs. 15.07 Cr | + 35.16 % | + 91.49 % |
| Interest | Rs. 1.18 Cr | Rs. 1.31 Cr | Rs. 1.2 Cr | -8.4 % | + 1.69 % |
| Depreciation | Rs. 6.79 Cr | Rs. 6.9 Cr | Rs. 7.39 Cr | + 7.1 % | + 8.84 % |
| Profit before tax | Rs. 96.35 Cr | Rs. 79.98 Cr | Rs. 129.03 Cr | + 61.33 % | + 33.92 % |
| Tax % | 18.42 % | 14.55 % | 18.41 % | + 3.86 % | -0.01 % |
| Net Profit | Rs. 78.61 Cr | Rs. 68.35 Cr | Rs. 105.27 Cr | + 54.02 % | + 33.91 % |
| EPS in Rs | Rs. 11.29 | Rs. 4.9 | Rs. 7.52 | + 53.47 % | -33.39 % |
Today, we’re looking at Newgen Software Technologies 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 23.02 %. However, it did see a marginal increase of 15.95 % from the previous quarter. Expenses ticked up slightly by 2.48 % quarter-on-quarter, aligning with the annual rise of 21.15 %. Operating profit, while up 27.06 % compared to last year, faced a quarter-on-quarter increase of 59.07 %, 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 1.04 %, but an expansion of 8.86 % sequentially. Other income rose by 35.16 % compared to the last quarter, despite an annual growth of 91.49 %. Interest expenses dropped significantly by -8.4 % from the previous quarter, yet the year-over-year increase remains at a moderate 1.69 %. Depreciation costs climbed by 7.1 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 8.84 %. Profit before tax grew annually by 33.92 % but saw an increase from the preceding quarter by 61.33 %.
Tax expenses as a percentage of profits decreased slightly by -0.01 % compared to last year, with a more notable quarter-on-quarter increase of 3.86 %. Net profit rose by 33.91 % year-on-year but experienced a 54.02 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -33.39 % but a quarterly rise of 53.47 %. In summary, Newgen Software Technologies 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. 305.05 Cr | Rs. 323.653 Cr | Rs. 375.268 Cr | + 15.95 % | + 23.02 % |
| Expenses | Rs. 208.6 Cr | Rs. 246.61 Cr | Rs. 252.72 Cr | + 2.48 % | + 21.15 % |
| Operating Profit | Rs. 96.45 Cr | Rs. 77.04 Cr | Rs. 122.55 Cr | + 59.07 % | + 27.06 % |
| Net Profit | Rs. 78.61 Cr | Rs. 68.35 Cr | Rs. 105.27 Cr | + 54.02 % | + 33.91 % |
| EPS in Rs | Rs. 11.29 | Rs. 4.9 | Rs. 7.52 | + 53.47 % | -33.39 % |
In reviewing Newgen Software Technologies Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 23.02 % year-on-year growth, however, there was a minor increase of 15.95 % from the previous quarter. Expenses rose by 21.15 % compared to the previous year, with a 2.48 % increase quarter-on-quarter. Operating Profit surged by 27.06 % annually, and saw a 59.07 % increase from the last quarter.
Net Profit showed yearly increase of 33.91 %, and experienced a 54.02 % increase from the previous quarter. Earnings Per Share (EPS) fell by -33.39 % annually, however rose by 53.47 % compared to the last quarter. In essence, while Newgen Software Technologies 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.
