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Suyog Telematics ‘s Q2 Financial results: Revenue Grows by 16.88% YoY

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Highlights

  • The presented financial data is Standalone to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: The company experienced a substantial growth of 16.88 % in the past year, substantial increase in net sales/revenue by 3.81 %.
  • 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 77.87 %. Marginal increase in other income during this quarter, up by 126.09%.
  • Profit over the Year and quarter: Significant improvement in profitability for Suyog Telematics Limited. Notable increase of 24.74 % in net profit Year to Year, Suyog Telematics Limited’s profitability increased by 20.03 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 30.42 % Year to Year. EPS increased by 26.96 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Suyog Telematics Limited‘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.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 40.847 Cr Rs. 45.989 Cr Rs. 47.742 Cr + 3.81 % + 16.88 %
Expenses Rs. 12.82 Cr Rs. 13.15 Cr Rs. 12.78 Cr -2.81 % -0.31 %
Operating Profit Rs. 28.03 Cr Rs. 32.84 Cr Rs. 34.96 Cr + 6.46 % + 24.72 %
OPM % 68.62 % 71.41 % 73.23 % + 1.82 % + 4.61 %
Other Income Rs. 3.001 Cr Rs. 2.361 Cr Rs. 5.338 Cr + 126.09 % + 77.87 %
Interest Rs. 5.57 Cr Rs. 3.33 Cr Rs. 4.47 Cr + 34.23 % -19.75 %
Depreciation Rs. 8.11 Cr Rs. 11.02 Cr Rs. 11.06 Cr + 0.36 % + 36.37 %
Profit before tax Rs. 17.35 Cr Rs. 20.85 Cr Rs. 24.77 Cr + 18.8 % + 42.77 %
Tax % 6.35 % 19 % 18.16 % -0.84 % + 11.81 %
Net Profit Rs. 16.25 Cr Rs. 16.89 Cr Rs. 20.27 Cr + 20.01 % + 24.74 %
EPS in Rs Rs. 15.42 Rs. 15.84 Rs. 20.11 + 26.96 % + 30.42 %


Today, we’re looking at Suyog Telematics Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 16.88 %. However, it did see a marginal increase of 3.81 % from the previous quarter. Expenses decreased slightly by -2.81 % quarter-on-quarter, aligning with the annual decline of -0.31 %. Operating profit, while up 24.72 % compared to last year, faced a quarter-on-quarter increase of 6.46 %, 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 4.61 %, but an expansion of 1.82 % sequentially. Other income rose by 126.09 % compared to the last quarter, despite an annual growth of 77.87 %. Interest expenses surged remarkably by 34.23 % from the previous quarter, yet the year-over-year decrease remains at a moderate -19.75 %. Depreciation costs climbed by 0.36 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 36.37 %. Profit before tax grew annually by 42.77 % but saw an increase from the preceding quarter by 18.8 %.
Tax expenses as a percentage of profits increased slightly by 11.81 % compared to last year, with a more notable quarter-on-quarter decrease of -0.84 %. Net profit rose by 24.74 % year-on-year but experienced a 20.01 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 30.42 % but a quarterly rise of 26.96 %. 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. 40.847 Cr Rs. 45.989 Cr Rs. 47.742 Cr + 3.81 % + 16.88 %
Expenses Rs. 12.82 Cr Rs. 13.15 Cr Rs. 12.78 Cr -2.81 % -0.31 %
Operating Profit Rs. 28.03 Cr Rs. 32.84 Cr Rs. 34.96 Cr + 6.46 % + 24.72 %
Net Profit Rs. 16.25 Cr Rs. 16.89 Cr Rs. 20.27 Cr + 20.01 % + 24.74 %
EPS in Rs Rs. 15.42 Rs. 15.84 Rs. 20.11 + 26.96 % + 30.42 %


In reviewing Suyog Telematics Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 16.88 % year-on-year growth, however, there was a minor increase of 3.81 % from the previous quarter. Expenses decreased by -0.31 % compared to the previous year, with a decrease of -2.81 % quarter-on-quarter. Operating Profit surged by 24.72 % annually, and saw a 6.46 % increase from the last quarter.
Net Profit showed yearly increase of 24.74 %, and experienced a 20.01 % increase from the previous quarter. Earnings Per Share (EPS) rose by 30.42 % annually, however rose by 26.96 % compared to the last quarter. In essence, while Suyog Telematics Limited 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.

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