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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 11.15 % in the past year, substantial increase in net sales/revenue by 13.52 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -34.9 %, Marginal decrease of -47.9% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Subros Ltd.,. Notable increase of 66.47 % in net profit Year to Year, Subros Ltd.,’s profitability increased by 13.29 % in this quarter.
- EPS over the Year and quarter: EPS increased by 65.84 % Year to Year. EPS increased by 13.11 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 748.11 Cr | Rs. 732.48 Cr | Rs. 831.51 Cr | + 13.52 % | + 11.15 % |
Expenses | Rs. 697.12 Cr | Rs. 672.92 Cr | Rs. 754.37 Cr | + 12.1 % | + 8.21 % |
Operating Profit | Rs. 50.99 Cr | Rs. 59.56 Cr | Rs. 77.14 Cr | + 29.52 % | + 51.28 % |
OPM % | 6.82 % | 8.13 % | 9.28 % | + 1.15 % | + 2.46 % |
Other Income | Rs. 5.33 Cr | Rs. 6.66 Cr | Rs. 3.47 Cr | -47.9 % | -34.9 % |
Interest | Rs. 2.09 Cr | Rs. 3.82 Cr | Rs. 3.72 Cr | -2.62 % | + 77.99 % |
Depreciation | Rs. 27.9 Cr | Rs. 28.37 Cr | Rs. 31.84 Cr | + 12.23 % | + 14.12 % |
Profit before tax | Rs. 26.33 Cr | Rs. 34.03 Cr | Rs. 45.05 Cr | + 32.38 % | + 71.1 % |
Tax % | 30.16 % | 21.11 % | 32.27 % | + 11.16 % | + 2.11 % |
Net Profit | Rs. 18.28 Cr | Rs. 26.86 Cr | Rs. 30.43 Cr | + 13.29 % | + 66.47 % |
EPS in Rs | Rs. 2.81 | Rs. 4.12 | Rs. 4.66 | + 13.11 % | + 65.84 % |
Today, we’re looking at Subros 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 11.15 %. However, it did see a marginal increase of 13.52 % from the previous quarter. Expenses ticked up slightly by 12.1 % quarter-on-quarter, aligning with the annual rise of 8.21 %. Operating profit, while up 51.28 % compared to last year, faced a quarter-on-quarter increase of 29.52 %, 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 2.46 %, but an expansion of 1.15 % sequentially. Other income fell by -47.9 % compared to the last quarter, despite an annual decline of -34.9 %. Interest expenses dropped significantly by -2.62 % from the previous quarter, yet the year-over-year increase remains at a moderate 77.99 %. Depreciation costs climbed by 12.23 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 14.12 %. Profit before tax grew annually by 71.1 % but saw an increase from the preceding quarter by 32.38 %.
Tax expenses as a percentage of profits increased slightly by 2.11 % compared to last year, with a more notable quarter-on-quarter increase of 11.16 %. Net profit rose by 66.47 % year-on-year but experienced a 13.29 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 65.84 % but a quarterly rise of 13.11 %. In summary, Subros 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. 748.11 Cr | Rs. 732.48 Cr | Rs. 831.51 Cr | + 13.52 % | + 11.15 % |
Expenses | Rs. 697.12 Cr | Rs. 672.92 Cr | Rs. 754.37 Cr | + 12.1 % | + 8.21 % |
Operating Profit | Rs. 50.99 Cr | Rs. 59.56 Cr | Rs. 77.14 Cr | + 29.52 % | + 51.28 % |
Net Profit | Rs. 18.28 Cr | Rs. 26.86 Cr | Rs. 30.43 Cr | + 13.29 % | + 66.47 % |
EPS in Rs | Rs. 2.81 | Rs. 4.12 | Rs. 4.66 | + 13.11 % | + 65.84 % |
In reviewing Subros Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 11.15 % year-on-year growth, however, there was a minor increase of 13.52 % from the previous quarter. Expenses rose by 8.21 % compared to the previous year, with a 12.1 % increase quarter-on-quarter. Operating Profit surged by 51.28 % annually, and saw a 29.52 % increase from the last quarter.
Net Profit showed yearly increase of 66.47 %, and experienced a 13.29 % increase from the previous quarter. Earnings Per Share (EPS) rose by 65.84 % annually, however rose by 13.11 % compared to the last quarter. In essence, while Subros 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.