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Growth in %
44.87%
1 Year
6.24%
3 Year
12.04%
7 Year
The revenue of the company was improving and increasing year after year. However COVID 19 caused a fall in the company's sales in 2019 & 2020, but then again the company's sales did climb significantly in 2021 & 2022. This year company showed a growth of 44.87% year on year, because the company has been able to sell 45% more racks/enclosures this year than it did in the last year. The reason for this growth in sales is that, this year company spent a lot on plant and equipment which led to rising in production. Also, the company's decision to spend some money on advertising this year rather than none at all last year, is what led to a boost in sales.
Growth in %
11.64%
1 Year
10.97%
3 Year
23.23%
7 Year
The total revenue of the company grew by 44.87%, while total expenses grew only by 23.33% and as a result the company's net profit increased by 11.64% y-o-y in FY22. The company's net sales turnover increased this year by 44.87% over last year, which is what caused the increase in its net profit.
Growth in %
11.61%
1 Year
10.96%
3 Year
22.25%
7 Year
Since the number of shares has not changed, the company's EPS has been modified by its net profit.
Growth in %
18.00%
1 Year
14.71%
4 Year
18.20%
7 Year
There has been a growing trend of 18.20% in the shareholder's equity y-o-y from FY15 to FY22 as the company increased its reserves and surplus continuously during the same period and there has been no new issue of shares during this time.
Growth in %
19.12%
1 Year
3.55%
3 Year
33.60%
7 Year
This year, the company's revenue climbed by 44.87%, while its expenses only increased by 23%, the company's EBITDA revamped by 19.12% as a result.
Growth in %
18.39%
1 Year
3.72%
3 Year
52.48%
7 Year
The EBIT of the company grew by 18.39%. This has been due to higher EBITDA in FY22, although the company has increased its plant and equipment this year which increased the total assets of the company as well as the depreciation associated with it. The depreciation amount grew by 22.05% from 4.67 Cr in FY21 to 5.70 Cr in FY22. Nonetheless, the EBIT in absolute terms has increased by 3.6 Cr.
Growth in %
7.16%
1 Year
7.51%
3 Year
6.79%
7 Year
The assets of the company have increased by 7.16%. Among the rest of the assets, the highest growth has been in the plant and equipment of the company which grew by 18.23%. Other than that the total receivables and total inventory of the company has also increased by 4.91% and 9.86% respectively. The company has also boosted its long term investments by 23.71% this year.
Growth in %
-67.86%
1 Year
31.02%
3 Year
-10.88%
7 Year
Cash Flow from Operations rose as the company's working capital increased due to its ability to take raw materials on credit from its suppliers. Also the company has decreased its short term loan and advances.
This year, the company's debt-to-equity ratio marginally increased as a result of a 21% increase in short-term loans from a fellow subsidiary.
The Company has an arrangement with Schneider Electric India Private Limited, India (SEIPL), a fellow subsidiary, for a cash lending limit of up to Rs. 350 million. Basis such arrangement, the Company’s banker automatically transfers funds from Schneider Electric India Private limited to the Company’s bank account in case of shortage/insufficient funds at the end of each day up to the approved limits. This loan carries an interest rate of 3.33%.
The current ratio of company has increased to 1.54x as the company's current assets increased due to a 93% increase in loans and advances, a 5% increase in trade receivables, and a 10% increase in inventories while the current liabilities decreased by 2% in FY22. It means the company can meet its short term obligations those which arise within a year.
The company's quick ratio has increased to 1.21x which means the company can meet its short term obligations.
The interest coverage ratio decreased as interest expense increased at a much higher rate than EBIT during FY22.
In FY22, the company's sales and profit have climbed significantly, but the company's cost of goods sold has also increased drastically by 56.14% as the company has increased its production this year and its sub contracting charges have also increased by 33% resulting in lower gross margins. As a result, the company's profit margins are slightly lower than they were in last year.
In FY22, the company's equity and income both increased, while expenses like cost of goods sold and other operating expenses have also increased significantly, somewhat reducing the company's profit margin and resulting in a 5.40% decrease in return on equity this year.
The company's return on capital employed has increased marginally this year by 0.67%. The reason for this is that the company grew its reserves and surplus by 18.73% which resulted in a 17.50% increase in the company's total equity in FY22, while the non current liabilities of the company remained same this year.
The revenue of the company increased this year as their sales increased significantly, due to which net income of the company also increased. Total assets of the company have also increased by 7.16%, However the growth in the net income is marginally lower than the growth in the average assets of the company. As a result, the company's ROA experienced a decrease of 6.47% in FY22