Share the post "R Systems International Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 3.11 % in YoY and increased by 0.08 % in QoQ"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 3.11 % in the past year, substantial increase in net sales/revenue by 0.08 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -52.68 %, Marginal increase in other income during this quarter, up by 68.03%.
- Profit over the Year and quarter: Challenges in sustaining profitability for R Systems International Limited. Profit dropped by -23.3 % Year to Year, R Systems International Limited’s profitability dropped by -40.08 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -23.43 % Year to Year. EPS decreased by -40.21 % 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. 404.071 Cr | Rs. 416.32 Cr | Rs. 416.641 Cr | + 0.08 % | + 3.11 % |
Expenses | Rs. 349.77 Cr | Rs. 353.49 Cr | Rs. 363.32 Cr | + 2.78 % | + 3.87 % |
Operating Profit | Rs. 54.3 Cr | Rs. 62.83 Cr | Rs. 53.32 Cr | -15.14 % | -1.8 % |
OPM % | 13.44 % | 15.09 % | 12.8 % | -2.29 % | -0.64 % |
Other Income | Rs. 5.22 Cr | Rs. 1.47 Cr | Rs. 2.47 Cr | + 68.03 % | -52.68 % |
Interest | Rs. 1.59 Cr | Rs. 2.89 Cr | Rs. 2.84 Cr | -1.73 % | + 78.62 % |
Depreciation | Rs. 10.12 Cr | Rs. 16.92 Cr | Rs. 16.56 Cr | -2.13 % | + 63.64 % |
Profit before tax | Rs. 47.81 Cr | Rs. 44.49 Cr | Rs. 36.39 Cr | -18.21 % | -23.89 % |
Tax % | 25.03 % | 3.08 % | 24.46 % | + 21.38 % | -0.57 % |
Net Profit | Rs. 35.84 Cr | Rs. 45.87 Cr | Rs. 27.49 Cr | -40.07 % | -23.3 % |
EPS in Rs | Rs. 3.03 | Rs. 3.88 | Rs. 2.32 | -40.21 % | -23.43 % |
Today, we’re looking at R Systems International 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 3.11 %. However, it did see a marginal increase of 0.08 % from the previous quarter. Expenses ticked up slightly by 2.78 % quarter-on-quarter, aligning with the annual rise of 3.87 %. Operating profit, while down -1.8 % compared to last year, faced a quarter-on-quarter dip of -15.14 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.64 %, but a shrinkage of -2.29 % sequentially. Other income rose by 68.03 % compared to the last quarter, despite an annual decline of -52.68 %. Interest expenses dropped significantly by -1.73 % from the previous quarter, yet the year-over-year increase remains at a moderate 78.62 %. Depreciation costs fell by -2.13 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 63.64 %. Profit before tax declined annually by -23.89 % but saw a reduction from the preceding quarter by -18.21 %.
Tax expenses as a percentage of profits decreased slightly by -0.57 % compared to last year, with a more notable quarter-on-quarter increase of 21.38 %. Net profit fell by -23.3 % year-on-year but witnessed a -40.07 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -23.43 % but a quarterly fall of -40.21 %. In summary, R Systems International 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. 404.071 Cr | Rs. 416.32 Cr | Rs. 416.641 Cr | + 0.08 % | + 3.11 % |
Expenses | Rs. 349.77 Cr | Rs. 353.49 Cr | Rs. 363.32 Cr | + 2.78 % | + 3.87 % |
Operating Profit | Rs. 54.3 Cr | Rs. 62.83 Cr | Rs. 53.32 Cr | -15.14 % | -1.8 % |
Net Profit | Rs. 35.84 Cr | Rs. 45.87 Cr | Rs. 27.49 Cr | -40.07 % | -23.3 % |
EPS in Rs | Rs. 3.03 | Rs. 3.88 | Rs. 2.32 | -40.21 % | -23.43 % |
In reviewing R Systems International Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 3.11 % year-on-year growth, however, there was a minor increase of 0.08 % from the previous quarter. Expenses rose by 3.87 % compared to the previous year, with a 2.78 % increase quarter-on-quarter. Operating Profit dropped by -1.8 % annually, and saw a -15.14 % decrease from the last quarter.
Net Profit showed yearly decrease of -23.3 %, and experienced a -40.07 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -23.43 % annually, however dipped by -40.21 % compared to the last quarter. In essence, while R Systems International Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.