Divgi TorqTransfer Systems Full Year 2024 Earnings: EPS: ₹12.99 (vs ₹18.46 in FY 2023)

Simply Wall St

July 12, 2024

Divgi TorqTransfer Systems (NSE:DIVGIITTS) Full Year 2024 Results

Key Financial Results

Revenue: ₹2.53b (down 6.5% from FY 2023).
Net income: ₹397.4m (down 22% from FY 2023).
Profit margin: 16% (down from 19% in FY 2023). The decrease in margin was driven by lower revenue.
EPS: ₹12.99 (down from ₹18.46 in FY 2023).

revenue-and-expenses-breakdown — NSEI:DIVGIITTS Revenue and Expenses Breakdown July 12th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Divgi TorqTransfer Systems Earnings Insights

The primary driver behind last 12 months revenue was the India segment contributing a total revenue of ₹2.52b (99% of total revenue). Over the last 12 months, the company's earnings were enhanced by non-operating gains of ₹49.9m. Explore how DIVGIITTS's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 9.9% growth forecast for the Auto Components industry in India.

Performance of the Indian Auto Components industry.

The company's shares are down 1.5% from a week ago.

Risk Analysis

Be aware that Divgi TorqTransfer Systems is showing 2 warning signs in our investment analysis and 1 of those is a bit unpleasant...

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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About NSEI:DIVGIITTS

Divgi TorqTransfer Systems

Engages in the manufacture and sale of transfer cases, automatic locking hubs, and synchronizers and components to automotive original equipment manufacturers and other customers.

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Flawless balance sheet with reasonable growth potential.

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