Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 83.04 % in the past year, substantial increase in net sales/revenue by 38.36 %.
- 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 1131.58 %. Marginal decrease of -44.02% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Zen Technologies Ltd.. Notable increase of 91.27 % in net profit Year to Year, Zen Technologies Ltd.’s profitability increased by 4.32 % in this quarter.
- EPS over the Year and quarter: EPS increased by 83.33 % Year to Year. EPS increased by 4.21 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 74.144 Cr | Rs. 98.083 Cr | Rs. 135.711 Cr | + 38.36 % | + 83.04 % |
| Expenses | Rs. 47.84 Cr | Rs. 53.85 Cr | Rs. 90.64 Cr | + 68.32 % | + 89.46 % |
| Operating Profit | Rs. 26.3 Cr | Rs. 44.23 Cr | Rs. 45.07 Cr | + 1.9 % | + 71.37 % |
| OPM % | 35.47 % | 45.09 % | 33.21 % | -11.88 % | -2.26 % |
| Other Income | Rs. 0.19 Cr | Rs. 4.18 Cr | Rs. 2.34 Cr | -44.02 % | + 1131.58 % |
| Interest | Rs. 0.33 Cr | Rs. 0.41 Cr | Rs. 0.63 Cr | + 53.66 % | + 90.91 % |
| Depreciation | Rs. 1.39 Cr | Rs. 1.94 Cr | Rs. 2.15 Cr | + 10.82 % | + 54.68 % |
| Profit before tax | Rs. 24.77 Cr | Rs. 46.06 Cr | Rs. 44.63 Cr | -3.1 % | + 80.18 % |
| Tax % | 30.31 % | 31.25 % | 29.76 % | -1.49 % | -0.55 % |
| Net Profit | Rs. 17.27 Cr | Rs. 31.67 Cr | Rs. 33.04 Cr | + 4.33 % | + 91.31 % |
| EPS in Rs | Rs. 2.16 | Rs. 3.8 | Rs. 3.96 | + 4.21 % | + 83.33 % |
Today, we’re looking at Zen Technologies 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 83.04 %. However, it did see a marginal increase of 38.36 % from the previous quarter. Expenses ticked up slightly by 68.32 % quarter-on-quarter, aligning with the annual rise of 89.46 %. Operating profit, while up 71.37 % compared to last year, faced a quarter-on-quarter increase of 1.9 %, 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 -2.26 %, but a shrinkage of -11.88 % sequentially. Other income fell by -44.02 % compared to the last quarter, despite an annual growth of 1131.58 %. Interest expenses surged remarkably by 53.66 % from the previous quarter, yet the year-over-year increase remains at a moderate 90.91 %. Depreciation costs climbed by 10.82 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 54.68 %. Profit before tax grew annually by 80.18 % but saw a reduction from the preceding quarter by -3.1 %.
Tax expenses as a percentage of profits decreased slightly by -0.55 % compared to last year, with a more notable quarter-on-quarter decrease of -1.49 %. Net profit rose by 91.31 % year-on-year but experienced a 4.33 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 83.33 % but a quarterly rise of 4.21 %. In summary, Zen Technologies 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. 74.144 Cr | Rs. 98.083 Cr | Rs. 135.711 Cr | + 38.36 % | + 83.04 % |
| Expenses | Rs. 47.84 Cr | Rs. 53.85 Cr | Rs. 90.64 Cr | + 68.32 % | + 89.46 % |
| Operating Profit | Rs. 26.3 Cr | Rs. 44.23 Cr | Rs. 45.07 Cr | + 1.9 % | + 71.37 % |
| Net Profit | Rs. 17.27 Cr | Rs. 31.67 Cr | Rs. 33.04 Cr | + 4.33 % | + 91.31 % |
| EPS in Rs | Rs. 2.16 | Rs. 3.8 | Rs. 3.96 | + 4.21 % | + 83.33 % |
In reviewing Zen Technologies Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 83.04 % year-on-year growth, however, there was a minor increase of 38.36 % from the previous quarter. Expenses rose by 89.46 % compared to the previous year, with a 68.32 % increase quarter-on-quarter. Operating Profit surged by 71.37 % annually, and saw a 1.9 % increase from the last quarter.
Net Profit showed yearly increase of 91.31 %, and experienced a 4.33 % increase from the previous quarter. Earnings Per Share (EPS) rose by 83.33 % annually, however rose by 4.21 % compared to the last quarter. In essence, while Zen Technologies 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.
