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Highlights
- Sales over the Year and quarter: The company’s sales declined by -18.68 % over the year, substantial increase in net sales/revenue by 18.85 %.
- 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 65.58 %. Marginal increase in other income during this quarter, up by 82.28%.
- Profit over the Year and quarter: Significant improvement in profitability for Swelect Energy Systems Limited. Notable increase of 724.06 % in net profit Year to Year, Swelect Energy Systems Limited’s profitability increased by 338.62 % in this quarter.
- EPS over the Year and quarter: EPS increased by 725.35 % Year to Year. EPS increased by 338.56 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 92.868 Cr | Rs. 63.538 Cr | Rs. 75.518 Cr | + 18.85 % | -18.68 % |
Expenses | Rs. 76.87 Cr | Rs. 40.06 Cr | Rs. 51.66 Cr | + 28.96 % | -32.8 % |
Operating Profit | Rs. 16 Cr | Rs. 23.48 Cr | Rs. 23.86 Cr | + 1.62 % | + 49.13 % |
OPM % | 17.23 % | 36.95 % | 31.6 % | -5.35 % | + 14.37 % |
Other Income | Rs. 7.64 Cr | Rs. 6.94 Cr | Rs. 12.65 Cr | + 82.28 % | + 65.58 % |
Interest | Rs. 9.21 Cr | Rs. 12.03 Cr | Rs. 17.4 Cr | + 44.64 % | + 88.93 % |
Depreciation | Rs. 9.3 Cr | Rs. 10 Cr | Rs. 11.97 Cr | + 19.7 % | + 28.71 % |
Profit before tax | Rs. 5.13 Cr | Rs. 8.39 Cr | Rs. 7.14 Cr | -14.9 % | + 39.18 % |
Tax % | 11.59 % | 1.87 % | 10.09 % | + 8.22 % | -1.5 % |
Net Profit | Rs. 4.37 Cr | Rs. 8.21 Cr | Rs. 36.03 Cr | + 338.86 % | + 724.49 % |
EPS in Rs | Rs. 2.88 | Rs. 5.42 | Rs. 23.77 | + 338.56 % | + 725.35 % |
Today, we’re looking at Swelect Energy Systems Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -18.68 %. However, it did see a marginal increase of 18.85 % from the previous quarter. Expenses ticked up slightly by 28.96 % quarter-on-quarter, aligning with the annual decline of -32.8 %. Operating profit, while up 49.13 % compared to last year, faced a quarter-on-quarter increase of 1.62 %, 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 14.37 %, but a shrinkage of -5.35 % sequentially. Other income rose by 82.28 % compared to the last quarter, despite an annual growth of 65.58 %. Interest expenses surged remarkably by 44.64 % from the previous quarter, yet the year-over-year increase remains at a moderate 88.93 %. Depreciation costs climbed by 19.7 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 28.71 %. Profit before tax grew annually by 39.18 % but saw a reduction from the preceding quarter by -14.9 %.
Tax expenses as a percentage of profits decreased slightly by -1.5 % compared to last year, with a more notable quarter-on-quarter increase of 8.22 %. Net profit rose by 724.49 % year-on-year but experienced a 338.86 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 725.35 % but a quarterly rise of 338.56 %. In summary, Swelect Energy Systems 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. 92.868 Cr | Rs. 63.538 Cr | Rs. 75.518 Cr | + 18.85 % | -18.68 % |
Expenses | Rs. 76.87 Cr | Rs. 40.06 Cr | Rs. 51.66 Cr | + 28.96 % | -32.8 % |
Operating Profit | Rs. 16 Cr | Rs. 23.48 Cr | Rs. 23.86 Cr | + 1.62 % | + 49.13 % |
Net Profit | Rs. 4.37 Cr | Rs. 8.21 Cr | Rs. 36.03 Cr | + 338.86 % | + 724.49 % |
EPS in Rs | Rs. 2.88 | Rs. 5.42 | Rs. 23.77 | + 338.56 % | + 725.35 % |
In reviewing Swelect Energy Systems Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -18.68 % year-on-year, however, there was a minor increase of 18.85 % from the previous quarter. Expenses decreased by -32.8 % compared to the previous year, with a 28.96 % increase quarter-on-quarter. Operating Profit surged by 49.13 % annually, and saw a 1.62 % increase from the last quarter.
Net Profit showed yearly increase of 724.49 %, and experienced a 338.86 % increase from the previous quarter. Earnings Per Share (EPS) rose by 725.35 % annually, however rose by 338.56 % compared to the last quarter. In essence, while Swelect Energy Systems 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.