Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 18.63 % in the past year, substantial increase in net sales/revenue by 8.73 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 82.35 %. Marginal increase in other income during this quarter, up by 72.22%.
- Profit over the Year and quarter: Significant improvement in profitability for Suyog Telematics Limited. Notable increase of 23.81 % in net profit Year to Year, Suyog Telematics Limited’s profitability dropped by -17.75 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 22.22 % Year to Year. EPS decreased by -17.75 % in previous quarter. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 38.236 Cr | Rs. 41.719 Cr | Rs. 45.36 Cr | + 8.73 % | + 18.63 % |
| Expenses | Rs. 14.06 Cr | Rs. 7.96 Cr | Rs. 16.85 Cr | + 111.68 % | + 19.84 % |
| Operating Profit | Rs. 24.18 Cr | Rs. 33.76 Cr | Rs. 28.51 Cr | -15.55 % | + 17.91 % |
| OPM % | 63.24 % | 80.92 % | 62.85 % | -18.07 % | -0.39 % |
| Other Income | Rs. 1.36 Cr | Rs. 1.44 Cr | Rs. 2.48 Cr | + 72.22 % | + 82.35 % |
| Interest | Rs. 5.34 Cr | Rs. 5.44 Cr | Rs. 4.15 Cr | -23.71 % | -22.28 % |
| Depreciation | Rs. 9.66 Cr | Rs. 8.19 Cr | Rs. 10.5 Cr | + 28.21 % | + 8.7 % |
| Profit before tax | Rs. 10.54 Cr | Rs. 21.57 Cr | Rs. 16.34 Cr | -24.25 % | + 55.03 % |
| Tax % | 20.56 % | 11.41 % | 3.74 % | -7.67 % | -16.82 % |
| Net Profit | Rs. 12.69 Cr | Rs. 19.11 Cr | Rs. 15.72 Cr | -17.74 % | + 23.88 % |
| EPS in Rs | Rs. 12.06 | Rs. 17.92 | Rs. 14.74 | -17.75 % | + 22.22 % |
Today, we’re looking at Suyog Telematics Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 18.63 %. However, it did see a marginal increase of 8.73 % from the previous quarter. Expenses ticked up slightly by 111.68 % quarter-on-quarter, aligning with the annual rise of 19.84 %. Operating profit, while up 17.91 % compared to last year, faced a quarter-on-quarter dip of -15.55 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.39 %, but a shrinkage of -18.07 % sequentially. Other income rose by 72.22 % compared to the last quarter, despite an annual growth of 82.35 %. Interest expenses dropped significantly by -23.71 % from the previous quarter, yet the year-over-year decrease remains at a moderate -22.28 %. Depreciation costs climbed by 28.21 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 8.7 %. Profit before tax grew annually by 55.03 % but saw a reduction from the preceding quarter by -24.25 %.
Tax expenses as a percentage of profits decreased slightly by -16.82 % compared to last year, with a more notable quarter-on-quarter decrease of -7.67 %. Net profit rose by 23.88 % year-on-year but witnessed a -17.74 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 22.22 % but a quarterly fall of -17.75 %. In summary, Suyog Telematics Limited’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. 38.236 Cr | Rs. 41.719 Cr | Rs. 45.36 Cr | + 8.73 % | + 18.63 % |
| Expenses | Rs. 14.06 Cr | Rs. 7.96 Cr | Rs. 16.85 Cr | + 111.68 % | + 19.84 % |
| Operating Profit | Rs. 24.18 Cr | Rs. 33.76 Cr | Rs. 28.51 Cr | -15.55 % | + 17.91 % |
| Net Profit | Rs. 12.69 Cr | Rs. 19.11 Cr | Rs. 15.72 Cr | -17.74 % | + 23.88 % |
| EPS in Rs | Rs. 12.06 | Rs. 17.92 | Rs. 14.74 | -17.75 % | + 22.22 % |
In reviewing Suyog Telematics Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 18.63 % year-on-year growth, however, there was a minor increase of 8.73 % from the previous quarter. Expenses rose by 19.84 % compared to the previous year, with a 111.68 % increase quarter-on-quarter. Operating Profit surged by 17.91 % annually, and saw a -15.55 % decrease from the last quarter.
Net Profit showed yearly increase of 23.88 %, and experienced a -17.74 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 22.22 % annually, however dipped by -17.75 % compared to the last quarter. In essence, while Suyog Telematics Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
