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United Drilling Tools : Q4 2024 Financial Quarterly Report : YoY Sales Up 90.74 %, QoQ Up 25.94 %

June 14, 2024June 14, 2024| adminadmin| 0 Comments| 1:04 pm
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 90.74 % in the past year, substantial increase in net sales/revenue by 25.94 %.
  • 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 566.67 %. Marginal decrease of -92.45% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for United Drilling Tools Ltd.,. Notable increase of 9.18 % in net profit Year to Year, United Drilling Tools Ltd.,’s profitability increased by 28.28 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 13.77 % Year to Year. EPS increased by 31.93 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of United Drilling Tools Ltd.,”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. 22.419 Cr Rs. 33.954 Cr Rs. 42.761 Cr + 25.94 % + 90.74 %
Expenses Rs. 16.63 Cr Rs. 31.71 Cr Rs. 36.44 Cr + 14.92 % + 119.12 %
Operating Profit Rs. 5.79 Cr Rs. 2.24 Cr Rs. 6.32 Cr + 182.14 % + 9.15 %
OPM % 25.83 % 6.6 % 14.78 % + 8.18 % -11.05 %
Other Income Rs. -0.06 Cr Rs. 3.71 Cr Rs. 0.28 Cr -92.45 % + 566.67 %
Interest Rs. 0.05 Cr Rs. 1.22 Cr Rs. 0.58 Cr -52.46 % + 1060 %
Depreciation Rs. 1.42 Cr Rs. 1.24 Cr Rs. 1.46 Cr + 17.74 % + 2.82 %
Profit before tax Rs. 4.26 Cr Rs. 3.49 Cr Rs. 4.56 Cr + 30.66 % + 7.04 %
Tax % 33.02 % 30.36 % 31.68 % + 1.32 % -1.34 %
Net Profit Rs. 2.85 Cr Rs. 2.43 Cr Rs. 3.12 Cr + 28.4 % + 9.47 %
EPS in Rs Rs. 1.38 Rs. 1.19 Rs. 1.57 + 31.93 % + 13.77 %


Today, we’re looking at United Drilling Tools Ltd.,’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 90.74 %. However, it did see a marginal increase of 25.94 % from the previous quarter. Expenses ticked up slightly by 14.92 % quarter-on-quarter, aligning with the annual rise of 119.12 %. Operating profit, while up 9.15 % compared to last year, faced a quarter-on-quarter increase of 182.14 %, 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 -11.05 %, but an expansion of 8.18 % sequentially. Other income fell by -92.45 % compared to the last quarter, despite an annual growth of 566.67 %. Interest expenses dropped significantly by -52.46 % from the previous quarter, yet the year-over-year increase remains at a moderate 1060 %. Depreciation costs climbed by 17.74 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 2.82 %. Profit before tax grew annually by 7.04 % but saw an increase from the preceding quarter by 30.66 %.
Tax expenses as a percentage of profits decreased slightly by -1.34 % compared to last year, with a more notable quarter-on-quarter increase of 1.32 %. Net profit rose by 9.47 % year-on-year but experienced a 28.4 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 13.77 % but a quarterly rise of 31.93 %. In summary, United Drilling Tools 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. 22.419 Cr Rs. 33.954 Cr Rs. 42.761 Cr + 25.94 % + 90.74 %
Expenses Rs. 16.63 Cr Rs. 31.71 Cr Rs. 36.44 Cr + 14.92 % + 119.12 %
Operating Profit Rs. 5.79 Cr Rs. 2.24 Cr Rs. 6.32 Cr + 182.14 % + 9.15 %
Net Profit Rs. 2.85 Cr Rs. 2.43 Cr Rs. 3.12 Cr + 28.4 % + 9.47 %
EPS in Rs Rs. 1.38 Rs. 1.19 Rs. 1.57 + 31.93 % + 13.77 %


In reviewing United Drilling Tools Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 90.74 % year-on-year growth, however, there was a minor increase of 25.94 % from the previous quarter. Expenses rose by 119.12 % compared to the previous year, with a 14.92 % increase quarter-on-quarter. Operating Profit surged by 9.15 % annually, and saw a 182.14 % increase from the last quarter.
Net Profit showed yearly increase of 9.47 %, and experienced a 28.4 % increase from the previous quarter. Earnings Per Share (EPS) rose by 13.77 % annually, however rose by 31.93 % compared to the last quarter. In essence, while United Drilling Tools 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.

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