Share the post "Shakti Pumps (India) Ltd.’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 233.56 % in YoY and increased by 22.93 % in QoQ"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 233.56 % in the past year, substantial increase in net sales/revenue by 22.93 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -69.96 %, Marginal decrease of -40.14% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Shakti Pumps (India) Ltd.. Notable increase of 3888.35 % in net profit Year to Year, Shakti Pumps (India) Ltd.’s profitability increased by 98.39 % in this quarter.
- EPS over the Year and quarter: EPS increased by 3,888.52 % Year to Year. EPS increased by 97.89 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 182.659 Cr | Rs. 495.621 Cr | Rs. 609.276 Cr | + 22.93 % | + 233.56 % |
Expenses | Rs. 171.77 Cr | Rs. 424.65 Cr | Rs. 478.54 Cr | + 12.69 % | + 178.59 % |
Operating Profit | Rs. 10.89 Cr | Rs. 70.97 Cr | Rs. 130.74 Cr | + 84.22 % | + 1100.55 % |
OPM % | 5.96 % | 14.32 % | 21.46 % | + 7.14 % | + 15.5 % |
Other Income | Rs. 2.83 Cr | Rs. 1.42 Cr | Rs. 0.85 Cr | -40.14 % | -69.96 % |
Interest | Rs. 4.05 Cr | Rs. 4.83 Cr | Rs. 7.74 Cr | + 60.25 % | + 91.11 % |
Depreciation | Rs. 4.46 Cr | Rs. 4.8 Cr | Rs. 4.81 Cr | + 0.21 % | + 7.85 % |
Profit before tax | Rs. 5.21 Cr | Rs. 62.76 Cr | Rs. 119.04 Cr | + 89.67 % | + 2184.84 % |
Tax % | 23.95 % | 27.98 % | 24.68 % | -3.3 % | + 0.73 % |
Net Profit | Rs. 2.25 Cr | Rs. 45.19 Cr | Rs. 89.66 Cr | + 98.41 % | + 3884.89 % |
EPS in Rs | Rs. 1.22 | Rs. 24.59 | Rs. 48.66 | + 97.89 % | + 3888.52 % |
Today, we’re looking at Shakti Pumps (India) 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 233.56 %. However, it did see a marginal increase of 22.93 % from the previous quarter. Expenses ticked up slightly by 12.69 % quarter-on-quarter, aligning with the annual rise of 178.59 %. Operating profit, while up 1100.55 % compared to last year, faced a quarter-on-quarter increase of 84.22 %, 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 15.5 %, but an expansion of 7.14 % sequentially. Other income fell by -40.14 % compared to the last quarter, despite an annual decline of -69.96 %. Interest expenses surged remarkably by 60.25 % from the previous quarter, yet the year-over-year increase remains at a moderate 91.11 %. Depreciation costs climbed by 0.21 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 7.85 %. Profit before tax grew annually by 2184.84 % but saw an increase from the preceding quarter by 89.67 %.
Tax expenses as a percentage of profits increased slightly by 0.73 % compared to last year, with a more notable quarter-on-quarter decrease of -3.3 %. Net profit rose by 3884.89 % year-on-year but experienced a 98.41 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 3888.52 % but a quarterly rise of 97.89 %. In summary, Shakti Pumps (India) 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. 182.659 Cr | Rs. 495.621 Cr | Rs. 609.276 Cr | + 22.93 % | + 233.56 % |
Expenses | Rs. 171.77 Cr | Rs. 424.65 Cr | Rs. 478.54 Cr | + 12.69 % | + 178.59 % |
Operating Profit | Rs. 10.89 Cr | Rs. 70.97 Cr | Rs. 130.74 Cr | + 84.22 % | + 1100.55 % |
Net Profit | Rs. 2.25 Cr | Rs. 45.19 Cr | Rs. 89.66 Cr | + 98.41 % | + 3884.89 % |
EPS in Rs | Rs. 1.22 | Rs. 24.59 | Rs. 48.66 | + 97.89 % | + 3888.52 % |
In reviewing Shakti Pumps (India) Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 233.56 % year-on-year growth, however, there was a minor increase of 22.93 % from the previous quarter. Expenses rose by 178.59 % compared to the previous year, with a 12.69 % increase quarter-on-quarter. Operating Profit surged by 1100.55 % annually, and saw a 84.22 % increase from the last quarter.
Net Profit showed yearly increase of 3884.89 %, and experienced a 98.41 % increase from the previous quarter. Earnings Per Share (EPS) rose by 3888.52 % annually, however rose by 97.89 % compared to the last quarter. In essence, while Shakti Pumps (India) 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.