Share the post "Rajoo Engineers Ltd.’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Key Metrics and Growth Analysis"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -96.63% over the yearDecrease in net sales/revenue by -12.21%
- Income over the Year and quarter: There has been decline in other income over the past year which is -80.93% Marginal increase in other income during this quarter, up by 1.33%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Rajoo Engineers Ltd.. Profit dropped by -102.38% Year to YearRajoo Engineers Ltd.’s profitability increased by 16.34% in this quarter.
- EPS over the Year and quarter: EPS declined by -291.67% Year to Year.EPS increased by 16.16%. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1561.5 Cr | Rs. 59.999 Cr | Rs. 52.676 Cr | -12.21% | -96.63% |
Expenses | Rs. 1630.95 Cr | Rs. 52.37 Cr | Rs. 43.71 Cr | -16.54% | -97.32% |
Operating Profit | Rs. -69.45 Cr | Rs. 7.63 Cr | Rs. 8.97 Cr | + 17.56% | + 112.92% |
OPM % | -4.45 % | 12.72 % | 17.03 % | + 4.31% | + 21.48% |
Other Income | Rs. 7.97 Cr | Rs. 1.5 Cr | Rs. 1.52 Cr | + 1.33% | -80.93% |
Interest | Rs. 143.35 Cr | Rs. 0.17 Cr | Rs. 0.26 Cr | + 52.94% | -99.82% |
Depreciation | Rs. 92.21 Cr | Rs. 0.9 Cr | Rs. 0.91 Cr | + 1.11% | -99.01% |
Profit before tax | Rs. -297.04 Cr | Rs. 8.06 Cr | Rs. 9.32 Cr | + 15.63% | + 103.14% |
Tax % | -0.17 % | 25.66 % | 26.2 % | + 0.54% | + 26.37% |
Net Profit | Rs. -297.55 Cr | Rs. 6.09 Cr | Rs. 7.09 Cr | + 16.42% | + 102.38% |
EPS in Rs | Rs. -0.6 | Rs. 0.99 | Rs. 1.15 | + 16.16% | + 291.67% |
Today, we’re looking at Rajoo Engineers Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -96.63%. However, it did see a marginal slip of -12.21% from the previous quarter.Expenses decreased slightly by -16.54% quarter-on-quarter, aligning with the annual decline of -97.32%. Operating profit, while up 112.92% compared to last year, faced a quarter-on-quarter increase of 17.56%, 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 21.48%, but an expansion of 4.31% sequentially. Other income rose by 1.33% compared to the last quarter,despite an annual decline of -80.93%. Interest expenses surged remarkably by 52.94% from the previous quarter, yet the year-over-year decrease remains at a moderate -99.82%. Depreciation costs climbed by 1.11% quarter-on-quarter, yet on an annual scale, they experienced a reduction of -99.01%. Profit before tax grew annually by 103.14% but saw an increase from the preceding quarter by 15.63%.
Tax expenses as a percentage of profits increased slightly by 26.37% compared to last year, with a more notable quarter-on-quarter increase of 0.54%. Net profit rose by 102.38% year-on-year but experienced a 16.42% expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 291.67% but a quarterly rise of 16.16%. In summary, Rajoo Engineers 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. 1561.5 Cr | Rs. 59.999 Cr | Rs. 52.676 Cr | -12.21% | -96.63% |
Expenses | Rs. 1630.95 Cr | Rs. 52.37 Cr | Rs. 43.71 Cr | -16.54% | -97.32% |
Operating Profit | Rs. -69.45 Cr | Rs. 7.63 Cr | Rs. 8.97 Cr | + 17.56% | + 112.92% |
Net Profit | Rs. -297.55 Cr | Rs. 6.09 Cr | Rs. 7.09 Cr | + 16.42% | + 102.38% |
EPS in Rs | Rs. -0.6 | Rs. 0.99 | Rs. 1.15 | + 16.16% | + 291.67% |
In reviewing Rajoo Engineers Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -96.63% year-on-year, although there was a slight dip of -12.21% from the previous quarter.Expenses decreased by -97.32% compared to the previous year, with a decrease of -16.54% quarter-on-quarter. Operating Profit surged by 112.92% annually, and saw a 17.56% increase from the last quarter.
Net Profit showed yearly increase of 102.38%, and experienced a 16.42% increase from the previous quarter. Earnings Per Share (EPS) rose by 291.67% annually, however rose by 16.16% compared to the last quarter. In essence, while Rajoo Engineers 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.