Ultracab (India) : Q4 2024 Financial Quarterly Report : YoY Sales Up 79.5 %, QoQ Up 102.1 %

The comprehensive analytics outlining the performance and outlook of Ultracab (India) 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.

Today, we’re looking at Ultracab (India) 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 79.5 %. However, it did see a marginal increase of 102.1 % from the previous quarter. Expenses ticked up slightly by 112.04 % quarter-on-quarter, aligning with the annual rise of 86.44 %. Operating profit, while up 33.74 % compared to last year, faced a quarter-on-quarter increase of 41.48 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -3.38 %, but a shrinkage of -4.23 % sequentially. Other income fell by -10 % compared to the last quarter, despite an annual decline of -43.75 %. Interest expenses surged remarkably by 47.62 % from the previous quarter, yet the year-over-year increase remains at a moderate 8.77 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 9.52 %. Profit before tax grew annually by 43.81 % but saw an increase from the preceding quarter by 41.12 %.
Tax expenses as a percentage of profits increased slightly by 21.8 % compared to last year, with a more notable quarter-on-quarter increase of 16.04 %. Net profit rose by 2.91 % year-on-year but experienced a 7.93 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 5.56 % but a quarterly rise of 11.76 %. In summary, Ultracab (India) Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Ultracab (India) Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 79.5 % year-on-year growth, however, there was a minor increase of 102.1 % from the previous quarter. Expenses rose by 86.44 % compared to the previous year, with a 112.04 % increase quarter-on-quarter. Operating Profit surged by 33.74 % annually, and saw a 41.48 % increase from the last quarter.
Net Profit showed yearly increase of 2.91 %, and experienced a 7.93 % increase from the previous quarter. Earnings Per Share (EPS) rose by 5.56 % annually, however rose by 11.76 % compared to the last quarter. In essence, while Ultracab (India) 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.