Share the post "WARDWIZARD INNOVATIONS AND MOBILITY LIMITED’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 153.45 % in YoY and increased by 20.54 % in QoQ"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 153.45 % in the past year, substantial increase in net sales/revenue by 20.54 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -33.33 %, Marginal increase in other income during this quarter, up by 250%.
- Profit over the Year and quarter: Significant improvement in profitability for WARDWIZARD INNOVATIONS AND MOBILITY LIMITED. Notable increase of 325.94 % in net profit Year to Year, WARDWIZARD INNOVATIONS AND MOBILITY LIMITED’s profitability dropped by -25.69 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 433.33 % Year to Year. EPS decreased by -23.81 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 50.548 Cr | Rs. 106.286 Cr | Rs. 128.114 Cr | + 20.54 % | + 153.45 % |
Expenses | Rs. 46.22 Cr | Rs. 95.11 Cr | Rs. 118.18 Cr | + 24.26 % | + 155.69 % |
Operating Profit | Rs. 4.33 Cr | Rs. 11.18 Cr | Rs. 9.93 Cr | -11.18 % | + 129.33 % |
OPM % | 8.57 % | 10.52 % | 7.75 % | -2.77 % | -0.82 % |
Other Income | Rs. 0.21 Cr | Rs. 0.04 Cr | Rs. 0.14 Cr | + 250 % | -33.33 % |
Interest | Rs. 0.11 Cr | Rs. 1.6 Cr | Rs. 1.87 Cr | + 16.88 % | + 1600 % |
Depreciation | Rs. 1.79 Cr | Rs. 1.73 Cr | Rs. 1.75 Cr | + 1.16 % | -2.23 % |
Profit before tax | Rs. 2.64 Cr | Rs. 7.89 Cr | Rs. 6.45 Cr | -18.25 % | + 144.32 % |
Tax % | 64.55 % | 32.14 % | 38.53 % | + 6.39 % | -26.02 % |
Net Profit | Rs. 0.93 Cr | Rs. 5.35 Cr | Rs. 3.97 Cr | -25.79 % | + 326.88 % |
EPS in Rs | Rs. 0.03 | Rs. 0.21 | Rs. 0.16 | -23.81 % | + 433.33 % |
Today, we’re looking at WARDWIZARD INNOVATIONS AND MOBILITY 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 153.45 %. However, it did see a marginal increase of 20.54 % from the previous quarter. Expenses ticked up slightly by 24.26 % quarter-on-quarter, aligning with the annual rise of 155.69 %. Operating profit, while up 129.33 % compared to last year, faced a quarter-on-quarter dip of -11.18 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.82 %, but a shrinkage of -2.77 % sequentially. Other income rose by 250 % compared to the last quarter, despite an annual decline of -33.33 %. Interest expenses surged remarkably by 16.88 % from the previous quarter, yet the year-over-year increase remains at a moderate 1600 %. Depreciation costs climbed by 1.16 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -2.23 %. Profit before tax grew annually by 144.32 % but saw a reduction from the preceding quarter by -18.25 %.
Tax expenses as a percentage of profits decreased slightly by -26.02 % compared to last year, with a more notable quarter-on-quarter increase of 6.39 %. Net profit rose by 326.88 % year-on-year but witnessed a -25.79 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 433.33 % but a quarterly fall of -23.81 %. In summary, WARDWIZARD INNOVATIONS AND MOBILITY 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. 50.548 Cr | Rs. 106.286 Cr | Rs. 128.114 Cr | + 20.54 % | + 153.45 % |
Expenses | Rs. 46.22 Cr | Rs. 95.11 Cr | Rs. 118.18 Cr | + 24.26 % | + 155.69 % |
Operating Profit | Rs. 4.33 Cr | Rs. 11.18 Cr | Rs. 9.93 Cr | -11.18 % | + 129.33 % |
Net Profit | Rs. 0.93 Cr | Rs. 5.35 Cr | Rs. 3.97 Cr | -25.79 % | + 326.88 % |
EPS in Rs | Rs. 0.03 | Rs. 0.21 | Rs. 0.16 | -23.81 % | + 433.33 % |
In reviewing WARDWIZARD INNOVATIONS AND MOBILITY LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 153.45 % year-on-year growth, however, there was a minor increase of 20.54 % from the previous quarter. Expenses rose by 155.69 % compared to the previous year, with a 24.26 % increase quarter-on-quarter. Operating Profit surged by 129.33 % annually, and saw a -11.18 % decrease from the last quarter.
Net Profit showed yearly increase of 326.88 %, and experienced a -25.79 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 433.33 % annually, however dipped by -23.81 % compared to the last quarter. In essence, while WARDWIZARD INNOVATIONS AND MOBILITY 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.