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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 24.65 % in the past year, substantial increase in net sales/revenue by 20.88 %.
- 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 34.97 %. Marginal increase in other income during this quarter, up by 378.26%.
- Profit over the Year and quarter: Significant improvement in profitability for Salasar Techno Engineering Limited. Notable increase of 15.23 % in net profit Year to Year, Salasar Techno Engineering Limited’s profitability increased by 1.27 % in this quarter.
- EPS over the Year and quarter: EPS declined by -77.08 % Year to Year. EPS decreased by -79.25 % 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. 294.696 Cr | Rs. 303.884 Cr | Rs. 367.33 Cr | + 20.88 % | + 24.65 % |
Expenses | Rs. 264.84 Cr | Rs. 266.42 Cr | Rs. 330.87 Cr | + 24.19 % | + 24.93 % |
Operating Profit | Rs. 29.86 Cr | Rs. 37.46 Cr | Rs. 36.46 Cr | -2.67 % | + 22.1 % |
OPM % | 10.13 % | 12.33 % | 9.93 % | -2.4 % | -0.2 % |
Other Income | Rs. 1.63 Cr | Rs. 0.46 Cr | Rs. 2.2 Cr | + 378.26 % | + 34.97 % |
Interest | Rs. 9.45 Cr | Rs. 12 Cr | Rs. 12.87 Cr | + 7.25 % | + 36.19 % |
Depreciation | Rs. 2.18 Cr | Rs. 2.8 Cr | Rs. 2.9 Cr | + 3.57 % | + 33.03 % |
Profit before tax | Rs. 19.86 Cr | Rs. 23.12 Cr | Rs. 22.89 Cr | -0.99 % | + 15.26 % |
Tax % | 23.33 % | 27.54 % | 25.88 % | -1.66 % | + 2.55 % |
Net Profit | Rs. 14.73 Cr | Rs. 16.76 Cr | Rs. 16.97 Cr | + 1.25 % | + 15.21 % |
EPS in Rs | Rs. 0.48 | Rs. 0.53 | Rs. 0.11 | -79.25 % | -77.08 % |
Today, we’re looking at Salasar Techno Engineering 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 24.65 %. However, it did see a marginal increase of 20.88 % from the previous quarter. Expenses ticked up slightly by 24.19 % quarter-on-quarter, aligning with the annual rise of 24.93 %. Operating profit, while up 22.1 % compared to last year, faced a quarter-on-quarter dip of -2.67 %, 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 -0.2 %, but a shrinkage of -2.4 % sequentially. Other income rose by 378.26 % compared to the last quarter, despite an annual growth of 34.97 %. Interest expenses surged remarkably by 7.25 % from the previous quarter, yet the year-over-year increase remains at a moderate 36.19 %. Depreciation costs climbed by 3.57 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 33.03 %. Profit before tax grew annually by 15.26 % but saw a reduction from the preceding quarter by -0.99 %.
Tax expenses as a percentage of profits increased slightly by 2.55 % compared to last year, with a more notable quarter-on-quarter decrease of -1.66 %. Net profit rose by 15.21 % year-on-year but experienced a 1.25 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -77.08 % but a quarterly fall of -79.25 %. In summary, Salasar Techno Engineering 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. 294.696 Cr | Rs. 303.884 Cr | Rs. 367.33 Cr | + 20.88 % | + 24.65 % |
Expenses | Rs. 264.84 Cr | Rs. 266.42 Cr | Rs. 330.87 Cr | + 24.19 % | + 24.93 % |
Operating Profit | Rs. 29.86 Cr | Rs. 37.46 Cr | Rs. 36.46 Cr | -2.67 % | + 22.1 % |
Net Profit | Rs. 14.73 Cr | Rs. 16.76 Cr | Rs. 16.97 Cr | + 1.25 % | + 15.21 % |
EPS in Rs | Rs. 0.48 | Rs. 0.53 | Rs. 0.11 | -79.25 % | -77.08 % |
In reviewing Salasar Techno Engineering Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 24.65 % year-on-year growth, however, there was a minor increase of 20.88 % from the previous quarter. Expenses rose by 24.93 % compared to the previous year, with a 24.19 % increase quarter-on-quarter. Operating Profit surged by 22.1 % annually, and saw a -2.67 % decrease from the last quarter.
Net Profit showed yearly increase of 15.21 %, and experienced a 1.25 % increase from the previous quarter. Earnings Per Share (EPS) fell by -77.08 % annually, however dipped by -79.25 % compared to the last quarter. In essence, while Salasar Techno Engineering Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.