Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 11.27 % in the past year, decrease in net sales/revenue by -6.32 %.
- 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 20.45 %. Marginal decrease of -45.08% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for RACL Geartech Limited. Profit dropped by -11.97 % Year to Year, RACL Geartech Limited’s profitability dropped by -30.03 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -11.96 % Year to Year. EPS decreased by -30.04 % 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. 95.426 Cr | Rs. 113.34 Cr | Rs. 106.18 Cr | -6.32 % | + 11.27 % |
| Expenses | Rs. 72.6 Cr | Rs. 86.49 Cr | Rs. 82.82 Cr | -4.24 % | + 14.08 % |
| Operating Profit | Rs. 22.83 Cr | Rs. 26.85 Cr | Rs. 23.36 Cr | -13 % | + 2.32 % |
| OPM % | 23.92 % | 23.69 % | 22 % | -1.69 % | -1.92 % |
| Other Income | Rs. 0.88 Cr | Rs. 1.93 Cr | Rs. 1.06 Cr | -45.08 % | + 20.45 % |
| Interest | Rs. 4.82 Cr | Rs. 6.06 Cr | Rs. 6.8 Cr | + 12.21 % | + 41.08 % |
| Depreciation | Rs. 4.92 Cr | Rs. 6.1 Cr | Rs. 6.12 Cr | + 0.33 % | + 24.39 % |
| Profit before tax | Rs. 13.97 Cr | Rs. 16.62 Cr | Rs. 11.5 Cr | -30.81 % | -17.68 % |
| Tax % | 31.62 % | 27.68 % | 26.87 % | -0.81 % | -4.75 % |
| Net Profit | Rs. 9.55 Cr | Rs. 12.02 Cr | Rs. 8.41 Cr | -30.03 % | -11.94 % |
| EPS in Rs | Rs. 8.86 | Rs. 11.15 | Rs. 7.8 | -30.04 % | -11.96 % |
Today, we’re looking at RACL Geartech 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 11.27 %. However, it did see a marginal slip of -6.32 % from the previous quarter. Expenses decreased slightly by -4.24 % quarter-on-quarter, aligning with the annual rise of 14.08 %. Operating profit, while up 2.32 % compared to last year, faced a quarter-on-quarter dip of -13 %, 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 -1.92 %, but a shrinkage of -1.69 % sequentially. Other income fell by -45.08 % compared to the last quarter, despite an annual growth of 20.45 %. Interest expenses surged remarkably by 12.21 % from the previous quarter, yet the year-over-year increase remains at a moderate 41.08 %. Depreciation costs climbed by 0.33 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 24.39 %. Profit before tax declined annually by -17.68 % but saw a reduction from the preceding quarter by -30.81 %.
Tax expenses as a percentage of profits decreased slightly by -4.75 % compared to last year, with a more notable quarter-on-quarter decrease of -0.81 %. Net profit fell by -11.94 % year-on-year but witnessed a -30.03 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -11.96 % but a quarterly fall of -30.04 %. In summary, RACL Geartech 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. 95.426 Cr | Rs. 113.34 Cr | Rs. 106.18 Cr | -6.32 % | + 11.27 % |
| Expenses | Rs. 72.6 Cr | Rs. 86.49 Cr | Rs. 82.82 Cr | -4.24 % | + 14.08 % |
| Operating Profit | Rs. 22.83 Cr | Rs. 26.85 Cr | Rs. 23.36 Cr | -13 % | + 2.32 % |
| Net Profit | Rs. 9.55 Cr | Rs. 12.02 Cr | Rs. 8.41 Cr | -30.03 % | -11.94 % |
| EPS in Rs | Rs. 8.86 | Rs. 11.15 | Rs. 7.8 | -30.04 % | -11.96 % |
In reviewing RACL Geartech Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 11.27 % year-on-year growth, although there was a slight dip of -6.32 % from the previous quarter. Expenses rose by 14.08 % compared to the previous year, with a decrease of -4.24 % quarter-on-quarter. Operating Profit surged by 2.32 % annually, and saw a -13 % decrease from the last quarter.
Net Profit showed yearly decrease of -11.94 %, and experienced a -30.03 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -11.96 % annually, however dipped by -30.04 % compared to the last quarter. In essence, while RACL Geartech 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.
