NIFTY 50 23344.75 ▲ (0.61%)
NIFTY NEXT 50 65106.15 ▲ (0.08%)
NIFTY 100 24048.8 ▲ (0.51%)
NIFTY MIDCAP 100 55106.2 ▲ (0.91%)
NIFTY SMALLCAP 100 17864.65 ▲ (1.09%)
NIFTY SMALLCAP 250 16841.4 ▲ (0.84%)
NIFTY MIDCAP SELECT 12356.5 ▲ (0.87%)
NIFTY TOTAL MARKET 12304.6 ▲ (0.6%)
NIFTY BANK 49350.8 ▲ (1.67%)
SENSEX 77073.44 ▲ (0.59%)
BSE BANKEX 56036.23 ▲ (2.03%)

Techno Electric & Engineering Company : Q4 2024 Financial Quarterly Report : YoY Sales Up 40.47 %, QoQ Up 34.63 %

May 30, 2024May 30, 2024| adminadmin| 0 Comments| 11:25 am
Image is loading
Categories:

Share the post "Techno Electric & Engineering Company : Q4 2024 Financial Quarterly Report : YoY Sales Up 40.47 %, QoQ Up 34.63 %"

  • Facebook
  • LinkedIn
  • X
  • Tumblr
  • WhatsApp
  • TelegramTelegram
  • Email

Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 40.47 % in the past year, substantial increase in net sales/revenue by 34.63 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -60.1 %, Marginal decrease of -30.29% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for Techno Electric & Engineering Company Limited. Notable increase of 36.56 % in net profit Year to Year, Techno Electric & Engineering Company Limited’s profitability dropped by -15.61 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 36.62 % Year to Year. EPS decreased by -15.59 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Techno Electric & Engineering Company 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. 312.971 Cr Rs. 326.54 Cr Rs. 439.621 Cr + 34.63 % + 40.47 %
Expenses Rs. 309.86 Cr Rs. 270.21 Cr Rs. 385.22 Cr + 42.56 % + 24.32 %
Operating Profit Rs. 3.11 Cr Rs. 56.33 Cr Rs. 54.4 Cr -3.43 % + 1649.2 %
OPM % 0.99 % 17.25 % 12.37 % -4.88 % + 11.38 %
Other Income Rs. 78.35 Cr Rs. 44.84 Cr Rs. 31.26 Cr -30.29 % -60.1 %
Interest Rs. 6.29 Cr Rs. 3.95 Cr Rs. 4.27 Cr + 8.1 % -32.11 %
Depreciation Rs. 1.97 Cr Rs. 1.99 Cr Rs. 1.99 Cr + 0 % + 1.02 %
Profit before tax Rs. 73.2 Cr Rs. 95.23 Cr Rs. 79.4 Cr -16.62 % + 8.47 %
Tax % 93.7 % 3.52 % 2.35 % -1.17 % -91.35 %
Net Profit Rs. 56.78 Cr Rs. 91.88 Cr Rs. 77.54 Cr -15.61 % + 36.56 %
EPS in Rs Rs. 5.65 Rs. 8.53 Rs. 7.2 -15.59 % + 27.43 %


Today, we’re looking at Techno Electric & Engineering Company 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 40.47 %. However, it did see a marginal increase of 34.63 % from the previous quarter. Expenses ticked up slightly by 42.56 % quarter-on-quarter, aligning with the annual rise of 24.32 %. Operating profit, while up 1649.2 % compared to last year, faced a quarter-on-quarter dip of -3.43 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 11.38 %, but a shrinkage of -4.88 % sequentially. Other income fell by -30.29 % compared to the last quarter, despite an annual decline of -60.1 %. Interest expenses surged remarkably by 8.1 % from the previous quarter, yet the year-over-year decrease remains at a moderate -32.11 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 1.02 %. Profit before tax grew annually by 8.47 % but saw a reduction from the preceding quarter by -16.62 %.
Tax expenses as a percentage of profits decreased slightly by -91.35 % compared to last year, with a more notable quarter-on-quarter decrease of -1.17 %. Net profit rose by 36.56 % year-on-year but witnessed a -15.61 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 27.43 % but a quarterly fall of -15.59 %. In summary, Techno Electric & Engineering Company 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. 312.971 Cr Rs. 326.54 Cr Rs. 439.621 Cr + 34.63 % + 40.47 %
Expenses Rs. 309.86 Cr Rs. 270.21 Cr Rs. 385.22 Cr + 42.56 % + 24.32 %
Operating Profit Rs. 3.11 Cr Rs. 56.33 Cr Rs. 54.4 Cr -3.43 % + 1649.2 %
Net Profit Rs. 56.78 Cr Rs. 91.88 Cr Rs. 77.54 Cr -15.61 % + 36.56 %
EPS in Rs Rs. 5.65 Rs. 8.53 Rs. 7.2 -15.59 % + 27.43 %


In reviewing Techno Electric & Engineering Company Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 40.47 % year-on-year growth, however, there was a minor increase of 34.63 % from the previous quarter. Expenses rose by 24.32 % compared to the previous year, with a 42.56 % increase quarter-on-quarter. Operating Profit surged by 1649.2 % annually, and saw a -3.43 % decrease from the last quarter.
Net Profit showed yearly increase of 36.56 %, and experienced a -15.61 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 27.43 % annually, however dipped by -15.59 % compared to the last quarter. In essence, while Techno Electric & Engineering Company 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.

[my_shortcode1 values=”Techno Electric & Engineering Company “]

Related Post