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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 7.06 % in the past year, substantial increase in net sales/revenue by 1.07 %.
- 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 261.76 %. Marginal increase in other income during this quarter, up by 112.07%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Saksoft Limited. Profit dropped by -7.14 % Year to Year, Saksoft Limited’s profitability increased by 2.96 % in this quarter.
- EPS over the Year and quarter: EPS declined by -6.43 % Year to Year. EPS increased by 4.02 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 182.055 Cr | Rs. 192.842 Cr | Rs. 194.9 Cr | + 1.07 % | + 7.06 % |
Expenses | Rs. 149.54 Cr | Rs. 159.81 Cr | Rs. 161.59 Cr | + 1.11 % | + 8.06 % |
Operating Profit | Rs. 32.52 Cr | Rs. 33.03 Cr | Rs. 33.31 Cr | + 0.85 % | + 2.43 % |
OPM % | 17.86 % | 17.13 % | 17.09 % | -0.04 % | -0.77 % |
Other Income | Rs. 0.68 Cr | Rs. 1.16 Cr | Rs. 2.46 Cr | + 112.07 % | + 261.76 % |
Interest | Rs. 0.59 Cr | Rs. 1.13 Cr | Rs. 1.14 Cr | + 0.88 % | + 93.22 % |
Depreciation | Rs. 2.73 Cr | Rs. 2.9 Cr | Rs. 3.36 Cr | + 15.86 % | + 23.08 % |
Profit before tax | Rs. 29.88 Cr | Rs. 30.16 Cr | Rs. 31.27 Cr | + 3.68 % | + 4.65 % |
Tax % | 16.34 % | 25.28 % | 25.8 % | + 0.52 % | + 9.46 % |
Net Profit | Rs. 24.99 Cr | Rs. 22.54 Cr | Rs. 23.2 Cr | + 2.93 % | -7.16 % |
EPS in Rs | Rs. 2.29 | Rs. 2.3 | Rs. 2.22 | -3.48 % | -3.06 % |
Today, we’re looking at Saksoft 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 7.06 %. However, it did see a marginal increase of 1.07 % from the previous quarter. Expenses ticked up slightly by 1.11 % quarter-on-quarter, aligning with the annual rise of 8.06 %. Operating profit, while up 2.43 % compared to last year, faced a quarter-on-quarter increase of 0.85 %, 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 -0.77 %, but a shrinkage of -0.04 % sequentially. Other income rose by 112.07 % compared to the last quarter, despite an annual growth of 261.76 %. Interest expenses surged remarkably by 0.88 % from the previous quarter, yet the year-over-year increase remains at a moderate 93.22 %. Depreciation costs climbed by 15.86 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 23.08 %. Profit before tax grew annually by 4.65 % but saw an increase from the preceding quarter by 3.68 %.
Tax expenses as a percentage of profits increased slightly by 9.46 % compared to last year, with a more notable quarter-on-quarter increase of 0.52 %. Net profit fell by -7.16 % year-on-year but experienced a 2.93 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -3.06 % but a quarterly fall of -3.48 %. In summary, Saksoft 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. 182.055 Cr | Rs. 192.842 Cr | Rs. 194.9 Cr | + 1.07 % | + 7.06 % |
Expenses | Rs. 149.54 Cr | Rs. 159.81 Cr | Rs. 161.59 Cr | + 1.11 % | + 8.06 % |
Operating Profit | Rs. 32.52 Cr | Rs. 33.03 Cr | Rs. 33.31 Cr | + 0.85 % | + 2.43 % |
Net Profit | Rs. 24.99 Cr | Rs. 22.54 Cr | Rs. 23.2 Cr | + 2.93 % | -7.16 % |
EPS in Rs | Rs. 2.29 | Rs. 2.3 | Rs. 2.22 | -3.48 % | -3.06 % |
In reviewing Saksoft Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7.06 % year-on-year growth, however, there was a minor increase of 1.07 % from the previous quarter. Expenses rose by 8.06 % compared to the previous year, with a 1.11 % increase quarter-on-quarter. Operating Profit surged by 2.43 % annually, and saw a 0.85 % increase from the last quarter.
Net Profit showed yearly decrease of -7.16 %, and experienced a 2.93 % increase from the previous quarter. Earnings Per Share (EPS) fell by -3.06 % annually, however dipped by -3.48 % compared to the last quarter. In essence, while Saksoft Limited faces strong annual decline 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.