Shanthi Gears Ltd.,’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 24.51 % in YoY and increased by 22.38 % in QoQ

The comprehensive analytics outlining the performance and outlook of Shanthi Gears Ltd.,”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Today, we’re looking at Shanthi Gears 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 24.51 %. However, it did see a marginal increase of 22.38 % from the previous quarter. Expenses ticked up slightly by 24.31 % quarter-on-quarter, aligning with the annual rise of 31.3 %. Operating profit, while down -0.15 % compared to last year, faced a quarter-on-quarter increase of 13.96 %, 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 -4.28 %, but a shrinkage of -1.28 % sequentially. Other income rose by 163.71 % compared to the last quarter, despite an annual growth of 242.45 %. Interest expenses dropped significantly by -10.81 % from the previous quarter, yet the year-over-year increase remains at a moderate 25.32 %. Depreciation costs climbed by 40.2 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 46.53 %. Profit before tax grew annually by 20.19 % but saw an increase from the preceding quarter by 33.24 %.
Tax expenses as a percentage of profits decreased slightly by -7.15 % compared to last year, with a more notable quarter-on-quarter decrease of -7.7 %. Net profit rose by 31.9 % year-on-year but experienced a 47.33 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 31.89 % but a quarterly rise of 47.58 %. In summary, Shanthi Gears Ltd.,’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Shanthi Gears Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 24.51 % year-on-year growth, however, there was a minor increase of 22.38 % from the previous quarter. Expenses rose by 31.3 % compared to the previous year, with a 24.31 % increase quarter-on-quarter. Operating Profit dropped by -0.15 % annually, and saw a 13.96 % increase from the last quarter.
Net Profit showed yearly increase of 31.9 %, and experienced a 47.33 % increase from the previous quarter. Earnings Per Share (EPS) rose by 31.89 % annually, however rose by 47.58 % compared to the last quarter. In essence, while Shanthi Gears 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.