Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 105.64 % in the past year, substantial increase in net sales/revenue by 25.59 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -37.72 %, Marginal decrease of -0.81% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Selan Exploration Technology Ltd.. Notable increase of 128.97 % in net profit Year to Year, Selan Exploration Technology Ltd.’s profitability increased by 103.15 % in this quarter.
- EPS over the Year and quarter: EPS increased by 128.98 % Year to Year. EPS increased by 103.02 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 26.61 Cr | Rs. 43.57 Cr | Rs. 54.72 Cr | + 25.59 % | + 105.64 % |
| Expenses | Rs. 22.62 Cr | Rs. 36.21 Cr | Rs. 39.05 Cr | + 7.84 % | + 72.63 % |
| Operating Profit | Rs. 3.99 Cr | Rs. 7.36 Cr | Rs. 15.67 Cr | + 112.91 % | + 292.73 % |
| OPM % | 14.99 % | 16.89 % | 28.64 % | + 11.75 % | + 13.65 % |
| Other Income | Rs. 3.95 Cr | Rs. 2.48 Cr | Rs. 2.46 Cr | -0.81 % | -37.72 % |
| Interest | Rs. 0.22 Cr | Rs. 0.09 Cr | Rs. 0.1 Cr | + 11.11 % | -54.55 % |
| Depreciation | Rs. 0.59 Cr | Rs. 0.9 Cr | Rs. 0.81 Cr | -10 % | + 37.29 % |
| Profit before tax | Rs. 7.13 Cr | Rs. 8.85 Cr | Rs. 17.22 Cr | + 94.58 % | + 141.51 % |
| Tax % | 24.96 % | 31.86 % | 28.86 % | -3 % | + 3.9 % |
| Net Profit | Rs. 5.35 Cr | Rs. 6.03 Cr | Rs. 12.25 Cr | + 103.15 % | + 128.97 % |
| EPS in Rs | Rs. 3.52 | Rs. 3.97 | Rs. 8.06 | + 103.02 % | + 128.98 % |
Today, we’re looking at Selan Exploration Technology Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 105.64 %. However, it did see a marginal increase of 25.59 % from the previous quarter. Expenses ticked up slightly by 7.84 % quarter-on-quarter, aligning with the annual rise of 72.63 %. Operating profit, while up 292.73 % compared to last year, faced a quarter-on-quarter increase of 112.91 %, 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 13.65 %, but an expansion of 11.75 % sequentially. Other income fell by -0.81 % compared to the last quarter, despite an annual decline of -37.72 %. Interest expenses surged remarkably by 11.11 % from the previous quarter, yet the year-over-year decrease remains at a moderate -54.55 %. Depreciation costs fell by -10 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 37.29 %. Profit before tax grew annually by 141.51 % but saw an increase from the preceding quarter by 94.58 %.
Tax expenses as a percentage of profits increased slightly by 3.9 % compared to last year, with a more notable quarter-on-quarter decrease of -3 %. Net profit rose by 128.97 % year-on-year but experienced a 103.15 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 128.98 % but a quarterly rise of 103.02 %. In summary, Selan Exploration Technology 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. 26.61 Cr | Rs. 43.57 Cr | Rs. 54.72 Cr | + 25.59 % | + 105.64 % |
| Expenses | Rs. 22.62 Cr | Rs. 36.21 Cr | Rs. 39.05 Cr | + 7.84 % | + 72.63 % |
| Operating Profit | Rs. 3.99 Cr | Rs. 7.36 Cr | Rs. 15.67 Cr | + 112.91 % | + 292.73 % |
| Net Profit | Rs. 5.35 Cr | Rs. 6.03 Cr | Rs. 12.25 Cr | + 103.15 % | + 128.97 % |
| EPS in Rs | Rs. 3.52 | Rs. 3.97 | Rs. 8.06 | + 103.02 % | + 128.98 % |
In reviewing Selan Exploration Technology Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 105.64 % year-on-year growth, however, there was a minor increase of 25.59 % from the previous quarter. Expenses rose by 72.63 % compared to the previous year, with a 7.84 % increase quarter-on-quarter. Operating Profit surged by 292.73 % annually, and saw a 112.91 % increase from the last quarter.
Net Profit showed yearly increase of 128.97 %, and experienced a 103.15 % increase from the previous quarter. Earnings Per Share (EPS) rose by 128.98 % annually, however rose by 103.02 % compared to the last quarter. In essence, while Selan Exploration Technology 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.
