Suprajit Engineering : Q4 2024 Financial Quarterly Report : YoY Sales Up 12.03 %, QoQ Up 8.14 %

The comprehensive analytics outlining the performance and outlook of Suprajit Engineering 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 Suprajit Engineering 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 12.03 %. However, it did see a marginal increase of 8.14 % from the previous quarter. Expenses ticked up slightly by 8.13 % quarter-on-quarter, aligning with the annual rise of 12.55 %. Operating profit, while up 8.39 % compared to last year, faced a quarter-on-quarter increase of 8.17 %, 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 -0.4 %, but an expansion of 0.01 % sequentially. Other income rose by 116.07 % compared to the last quarter, despite an annual growth of 246.33 %. Interest expenses dropped significantly by -3.03 % from the previous quarter, yet the year-over-year increase remains at a moderate 11.6 %. Depreciation costs climbed by 6.5 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 19.02 %. Profit before tax grew annually by 26.42 % but saw an increase from the preceding quarter by 28.41 %.
Tax expenses as a percentage of profits decreased slightly by -9.95 % compared to last year, with a more notable quarter-on-quarter decrease of -10.16 %. Net profit rose by 44.23 % year-on-year but experienced a 46.96 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 43.92 % but a quarterly rise of 46.9 %. In summary, Suprajit Engineering Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Suprajit Engineering Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 12.03 % year-on-year growth, however, there was a minor increase of 8.14 % from the previous quarter. Expenses rose by 12.55 % compared to the previous year, with a 8.13 % increase quarter-on-quarter. Operating Profit surged by 8.39 % annually, and saw a 8.17 % increase from the last quarter.
Net Profit showed yearly increase of 44.23 %, and experienced a 46.96 % increase from the previous quarter. Earnings Per Share (EPS) rose by 43.92 % annually, however rose by 46.9 % compared to the last quarter. In essence, while Suprajit Engineering 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.