AI-generated · cited to primary sources · not investment advice
Quest Flow (543982) May 2024 Filing Analysis
Does management do what it says?
Management plans to expand the product portfolio by adding filters.
“Expanding its product range with Filters, continuously adapting to shifting market needs and preferences to better serve its clientele.”
See the full cited Management analysis of Quest Flow
Where does growth come from?
Profitability expanded strongly in FY24: revenue rose from Rs. 36.78 crore to Rs. 63.32 crore, EBITDA from Rs. 7.50 crore to Rs. 14.95 crore, and PAT from Rs. 4.47 crore to Rs. 9.05 crore. EBITDA margin, however, declined from 28.06% in FY22 to 20.39% in FY23 before recovering to 23.61% in FY24. The latest year therefore shows margin recovery, but not a consistently rising multi-year margin trend. (3 accelerating, 1 reversing across 4 signals)
“FY24 Total Revenue ₹ 63.32 Cr, EBITDA ₹ 14.95 Cr, PAT ₹ 9.05 Cr ... EBITDA Margin FY22 28.06, FY23 20.39, FY24 23.61 ... H2 FY24: Total Income 43.38, EBITDA 10.83, EBITDA (%) 24.96, PAT 6.44”
See the full cited Future Growth analysis of Quest Flow
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