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Highlights
- Sales over the Year and quarter: The company’s sales declined by -2.45% over the yearSubstantial increase in net sales/revenue by 25.54%.
- Income over the Year and quarter: There has been decline in other income over the past year which is -14.86% Marginal decrease of -6.8% in other income during this quarter
- Profit over the Year and quarter: Significant improvement in profitability for Swaraj Engines Ltd.. Notable increase of 0.63% in net profit Year to YearSwaraj Engines Ltd.’s profitability increased by 45.98% in this quarter.
- EPS over the Year and quarter: EPS increased by 0.59% Year to Year.EPS increased by 45.97%. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 359.79 Cr | Rs. 279.55 Cr | Rs. 350.96 Cr | + 25.54% | -2.45% |
Expenses | Rs. 311.81 Cr | Rs. 246.79 Cr | Rs. 302.85 Cr | + 22.72% | -2.87% |
Operating Profit | Rs. 47.98 Cr | Rs. 32.76 Cr | Rs. 48.11 Cr | + 46.86% | + 0.27% |
OPM % | 13.34 % | 11.72 % | 13.71 % | + 1.99% | + 0.37% |
Other Income | Rs. 3.7 Cr | Rs. 3.38 Cr | Rs. 3.15 Cr | -6.8% | -14.86% |
Interest | Rs. 0.04 Cr | Rs. 0.07 Cr | Rs. 0.06 Cr | -14.29% | + 50% |
Depreciation | Rs. 4.56 Cr | Rs. 3.94 Cr | Rs. 4.01 Cr | + 1.78% | -12.06% |
Profit before tax | Rs. 47.08 Cr | Rs. 32.13 Cr | Rs. 47.19 Cr | + 46.87% | + 0.23% |
Tax % | 25.74 % | 24.99 % | 25.45 % | + 0.46% | -0.29% |
Net Profit | Rs. 34.96 Cr | Rs. 24.1 Cr | Rs. 35.18 Cr | + 45.98% | + 0.63% |
EPS in Rs | Rs. 28.79 | Rs. 19.84 | Rs. 28.96 | + 45.97% | + 0.59% |
Today, we’re looking at Swaraj Engines Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -2.45%. However, it did see a marginal increase of 25.54% from the previous quarter.Expenses ticked up slightly by 22.72% quarter-on-quarter, aligning with the annual decline of -2.87%. Operating profit, while up 0.27% compared to last year, faced a quarter-on-quarter increase of 46.86%, 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 0.37%, but an expansion of 1.99% sequentially. Other income fell by -6.8% compared to the last quarter, despite an annual decline of -14.86%. Interest expenses dropped significantly by -14.29% from the previous quarter, yet the year-over-year increase remains at a moderate 50%. Depreciation costs climbed by 1.78% quarter-on-quarter, yet on an annual scale, they experienced a reduction of -12.06%. Profit before tax grew annually by 0.23% but saw an increase from the preceding quarter by 46.87%.
Tax expenses as a percentage of profits decreased slightly by -0.29% compared to last year, with a more notable quarter-on-quarter increase of 0.46%. Net profit rose by 0.63% year-on-year but experienced a 45.98% expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 0.59% but a quarterly rise of 45.97%. In summary, Swaraj Engines 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. 359.79 Cr | Rs. 279.55 Cr | Rs. 350.96 Cr | + 25.54% | -2.45% |
Expenses | Rs. 311.81 Cr | Rs. 246.79 Cr | Rs. 302.85 Cr | + 22.72% | -2.87% |
Operating Profit | Rs. 47.98 Cr | Rs. 32.76 Cr | Rs. 48.11 Cr | + 46.86% | + 0.27% |
Net Profit | Rs. 34.96 Cr | Rs. 24.1 Cr | Rs. 35.18 Cr | + 45.98% | + 0.63% |
EPS in Rs | Rs. 28.79 | Rs. 19.84 | Rs. 28.96 | + 45.97% | + 0.59% |
In reviewing Swaraj Engines Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -2.45% year-on-year, however, there was a minor increase of 25.54% from the previous quarter. Expenses decreased by -2.87% compared to the previous year, with a 22.72% increase quarter-on-quarter. Operating Profit surged by 0.27% annually, and saw a 46.86% increase from the last quarter.
Net Profit showed yearly increase of 0.63%, and experienced a 45.98% increase from the previous quarter. Earnings Per Share (EPS) rose by 0.59% annually, however rose by 45.97% compared to the last quarter. In essence, while Swaraj Engines 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.