Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 12.02 % in the past year, decrease in net sales/revenue by -1.28 %.
- 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 20.5 %. Marginal increase in other income during this quarter, up by 36.48%.
- Profit over the Year and quarter: Significant improvement in profitability for Omax Autos Ltd.,. Notable increase of 139.14 % in net profit Year to Year, Omax Autos Ltd.,’s profitability dropped by -6312.36 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 139.51 % Year to Year. EPS decreased by -6566.67 % in previous quarter. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 92.828 Cr | Rs. 105.338 Cr | Rs. 103.99 Cr | -1.28 % | + 12.02 % |
| Expenses | Rs. 84.71 Cr | Rs. 98.96 Cr | Rs. 95.11 Cr | -3.89 % | + 12.28 % |
| Operating Profit | Rs. 8.12 Cr | Rs. 6.38 Cr | Rs. 8.88 Cr | + 39.18 % | + 9.36 % |
| OPM % | 8.75 % | 6.06 % | 8.54 % | + 2.48 % | -0.21 % |
| Other Income | Rs. 4.44 Cr | Rs. 3.92 Cr | Rs. 5.35 Cr | + 36.48 % | + 20.5 % |
| Interest | Rs. 4.86 Cr | Rs. 5.35 Cr | Rs. 5.16 Cr | -3.55 % | + 6.17 % |
| Depreciation | Rs. 5.63 Cr | Rs. 5.5 Cr | Rs. 5.26 Cr | -4.36 % | -6.57 % |
| Profit before tax | Rs. 2.07 Cr | Rs. -0.55 Cr | Rs. 3.81 Cr | + 792.73 % | + 84.06 % |
| Tax % | 235.02 % | -50.28 % | 36.96 % | + 87.24 % | -198.06 % |
| Net Profit | Rs. 6.94 Cr | Rs. -0.27 Cr | Rs. 16.59 Cr | + 6244.44 % | + 139.05 % |
| EPS in Rs | Rs. 3.24 | Rs. -0.12 | Rs. 7.76 | + 6566.67 % | + 139.51 % |
Today, we’re looking at Omax Autos 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 12.02 %. However, it did see a marginal slip of -1.28 % from the previous quarter. Expenses decreased slightly by -3.89 % quarter-on-quarter, aligning with the annual rise of 12.28 %. Operating profit, while up 9.36 % compared to last year, faced a quarter-on-quarter increase of 39.18 %, 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 -0.21 %, but an expansion of 2.48 % sequentially. Other income rose by 36.48 % compared to the last quarter, despite an annual growth of 20.5 %. Interest expenses dropped significantly by -3.55 % from the previous quarter, yet the year-over-year increase remains at a moderate 6.17 %. Depreciation costs fell by -4.36 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -6.57 %. Profit before tax grew annually by 84.06 % but saw an increase from the preceding quarter by 792.73 %.
Tax expenses as a percentage of profits decreased slightly by -198.06 % compared to last year, with a more notable quarter-on-quarter increase of 87.24 %. Net profit rose by 139.05 % year-on-year but experienced a 6244.44 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 139.51 % but a quarterly rise of 6566.67 %. In summary, Omax Autos 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. 92.828 Cr | Rs. 105.338 Cr | Rs. 103.99 Cr | -1.28 % | + 12.02 % |
| Expenses | Rs. 84.71 Cr | Rs. 98.96 Cr | Rs. 95.11 Cr | -3.89 % | + 12.28 % |
| Operating Profit | Rs. 8.12 Cr | Rs. 6.38 Cr | Rs. 8.88 Cr | + 39.18 % | + 9.36 % |
| Net Profit | Rs. 6.94 Cr | Rs. -0.27 Cr | Rs. 16.59 Cr | + 6244.44 % | + 139.05 % |
| EPS in Rs | Rs. 3.24 | Rs. -0.12 | Rs. 7.76 | + 6566.67 % | + 139.51 % |
In reviewing Omax Autos Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 12.02 % year-on-year growth, although there was a slight dip of -1.28 % from the previous quarter. Expenses rose by 12.28 % compared to the previous year, with a decrease of -3.89 % quarter-on-quarter. Operating Profit surged by 9.36 % annually, and saw a 39.18 % increase from the last quarter.
Net Profit showed yearly increase of 139.05 %, and experienced a 6244.44 % increase from the previous quarter. Earnings Per Share (EPS) rose by 139.51 % annually, however rose by 6566.67 % compared to the last quarter. In essence, while Omax Autos 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.
