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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 97.82 % in the past year, decrease in net sales/revenue by -10.77 %.
- 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 0 %. Marginal increase in other income during this quarter, up by 100.24%.
- Profit over the Year and quarter: Significant improvement in profitability for Wonder Electricals Limited. Notable increase of 143.38 % in net profit Year to Year, Wonder Electricals Limited’s profitability dropped by -72.68 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 141.82 % Year to Year. EPS decreased by -72.69 % 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. 116.956 Cr | Rs. 259.294 Cr | Rs. 231.361 Cr | -10.77 % | + 97.82 % |
Expenses | Rs. 113.85 Cr | Rs. 245.66 Cr | Rs. 225.18 Cr | -8.34 % | + 97.79 % |
Operating Profit | Rs. 3.11 Cr | Rs. 13.63 Cr | Rs. 6.18 Cr | -54.66 % | + 98.71 % |
OPM % | 2.66 % | 5.26 % | 2.67 % | -2.59 % | + 0.01 % |
Other Income | Rs. 0.002 Cr | Rs. -0.851 Cr | Rs. 0.002 Cr | + 100.24 % | + 0 % |
Interest | Rs. 0.74 Cr | Rs. 1.53 Cr | Rs. 1.69 Cr | + 10.46 % | + 128.38 % |
Depreciation | Rs. 1.22 Cr | Rs. 1.68 Cr | Rs. 1.54 Cr | -8.33 % | + 26.23 % |
Profit before tax | Rs. 1.15 Cr | Rs. 9.57 Cr | Rs. 2.95 Cr | -69.17 % | + 156.52 % |
Tax % | 36.09 % | 31.76 % | 39.46 % | + 7.7 % | + 3.37 % |
Net Profit | Rs. 0.73 Cr | Rs. 6.53 Cr | Rs. 1.78 Cr | -72.74 % | + 143.84 % |
EPS in Rs | Rs. 0.55 | Rs. 4.87 | Rs. 1.33 | -72.69 % | + 141.82 % |
Today, we’re looking at Wonder Electricals Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 97.82 %. However, it did see a marginal slip of -10.77 % from the previous quarter. Expenses decreased slightly by -8.34 % quarter-on-quarter, aligning with the annual rise of 97.79 %. Operating profit, while up 98.71 % compared to last year, faced a quarter-on-quarter dip of -54.66 %, 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 0.01 %, but a shrinkage of -2.59 % sequentially. Other income rose by 100.24 % compared to the last quarter, despite an annual growth of 0 %. Interest expenses surged remarkably by 10.46 % from the previous quarter, yet the year-over-year increase remains at a moderate 128.38 %. Depreciation costs fell by -8.33 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 26.23 %. Profit before tax grew annually by 156.52 % but saw a reduction from the preceding quarter by -69.17 %.
Tax expenses as a percentage of profits increased slightly by 3.37 % compared to last year, with a more notable quarter-on-quarter increase of 7.7 %. Net profit rose by 143.84 % year-on-year but witnessed a -72.74 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 141.82 % but a quarterly fall of -72.69 %. In summary, Wonder Electricals 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. 116.956 Cr | Rs. 259.294 Cr | Rs. 231.361 Cr | -10.77 % | + 97.82 % |
Expenses | Rs. 113.85 Cr | Rs. 245.66 Cr | Rs. 225.18 Cr | -8.34 % | + 97.79 % |
Operating Profit | Rs. 3.11 Cr | Rs. 13.63 Cr | Rs. 6.18 Cr | -54.66 % | + 98.71 % |
Net Profit | Rs. 0.73 Cr | Rs. 6.53 Cr | Rs. 1.78 Cr | -72.74 % | + 143.84 % |
EPS in Rs | Rs. 0.55 | Rs. 4.87 | Rs. 1.33 | -72.69 % | + 141.82 % |
In reviewing Wonder Electricals Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 97.82 % year-on-year growth, although there was a slight dip of -10.77 % from the previous quarter. Expenses rose by 97.79 % compared to the previous year, with a decrease of -8.34 % quarter-on-quarter. Operating Profit surged by 98.71 % annually, and saw a -54.66 % decrease from the last quarter.
Net Profit showed yearly increase of 143.84 %, and experienced a -72.74 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 141.82 % annually, however dipped by -72.69 % compared to the last quarter. In essence, while Wonder Electricals 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.