Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 76.98 % in the past year, substantial increase in net sales/revenue by 97.69 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -4350 %, Marginal decrease of -2225% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for WONDER ELECTRICALS LIMITED. Notable increase of 19.62 % in net profit Year to Year, WONDER ELECTRICALS LIMITED’s profitability increased by 118.21 % in this quarter.
- EPS over the Year and quarter: EPS increased by 19.66 % Year to Year. EPS increased by 118.39 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 146.51 Cr | Rs. 131.163 Cr | Rs. 259.294 Cr | + 97.69 % | + 76.98 % |
| Expenses | Rs. 136.86 Cr | Rs. 124.23 Cr | Rs. 245.66 Cr | + 97.75 % | + 79.5 % |
| Operating Profit | Rs. 9.65 Cr | Rs. 6.93 Cr | Rs. 13.63 Cr | + 96.68 % | + 41.24 % |
| OPM % | 6.59 % | 5.28 % | 5.26 % | -0.02 % | -1.33 % |
| Other Income | Rs. 0.02 Cr | Rs. 0.04 Cr | Rs. -0.85 Cr | -2225 % | -4350 % |
| Interest | Rs. 0.72 Cr | Rs. 1.42 Cr | Rs. 1.53 Cr | + 7.75 % | + 112.5 % |
| Depreciation | Rs. 1.38 Cr | Rs. 1.57 Cr | Rs. 1.68 Cr | + 7.01 % | + 21.74 % |
| Profit before tax | Rs. 7.57 Cr | Rs. 3.98 Cr | Rs. 9.57 Cr | + 140.45 % | + 26.42 % |
| Tax % | 27.92 % | 24.93 % | 31.76 % | + 6.83 % | + 3.84 % |
| Net Profit | Rs. 5.46 Cr | Rs. 2.99 Cr | Rs. 6.53 Cr | + 118.39 % | + 19.6 % |
| EPS in Rs | Rs. 4.07 | Rs. 2.23 | Rs. 4.87 | + 118.39 % | + 19.66 % |
Today, we’re looking at WONDER ELECTRICALS 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 76.98 %. However, it did see a marginal increase of 97.69 % from the previous quarter. Expenses ticked up slightly by 97.75 % quarter-on-quarter, aligning with the annual rise of 79.5 %. Operating profit, while up 41.24 % compared to last year, faced a quarter-on-quarter increase of 96.68 %, 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 -1.33 %, but a shrinkage of -0.02 % sequentially. Other income fell by -2225 % compared to the last quarter, despite an annual decline of -4350 %. Interest expenses surged remarkably by 7.75 % from the previous quarter, yet the year-over-year increase remains at a moderate 112.5 %. Depreciation costs climbed by 7.01 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 21.74 %. Profit before tax grew annually by 26.42 % but saw an increase from the preceding quarter by 140.45 %.
Tax expenses as a percentage of profits increased slightly by 3.84 % compared to last year, with a more notable quarter-on-quarter increase of 6.83 %. Net profit rose by 19.6 % year-on-year but experienced a 118.39 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 19.66 % but a quarterly rise of 118.39 %. 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. 146.51 Cr | Rs. 131.163 Cr | Rs. 259.294 Cr | + 97.69 % | + 76.98 % |
| Expenses | Rs. 136.86 Cr | Rs. 124.23 Cr | Rs. 245.66 Cr | + 97.75 % | + 79.5 % |
| Operating Profit | Rs. 9.65 Cr | Rs. 6.93 Cr | Rs. 13.63 Cr | + 96.68 % | + 41.24 % |
| Net Profit | Rs. 5.46 Cr | Rs. 2.99 Cr | Rs. 6.53 Cr | + 118.39 % | + 19.6 % |
| EPS in Rs | Rs. 4.07 | Rs. 2.23 | Rs. 4.87 | + 118.39 % | + 19.66 % |
In reviewing WONDER ELECTRICALS LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 76.98 % year-on-year growth, however, there was a minor increase of 97.69 % from the previous quarter. Expenses rose by 79.5 % compared to the previous year, with a 97.75 % increase quarter-on-quarter. Operating Profit surged by 41.24 % annually, and saw a 96.68 % increase from the last quarter.
Net Profit showed yearly increase of 19.6 %, and experienced a 118.39 % increase from the previous quarter. Earnings Per Share (EPS) rose by 19.66 % annually, however rose by 118.39 % compared to the last quarter. In essence, while WONDER ELECTRICALS 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.
