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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 22.54 % in the past year, substantial increase in net sales/revenue by 21.42 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -88.25 %, Marginal increase in other income during this quarter, up by 187.5%.
- Profit over the Year and quarter: Significant improvement in profitability for 20 Microns Limited. Notable increase of 46.65 % in net profit Year to Year, 20 Microns Limited’s profitability increased by 18.77 % in this quarter.
- EPS over the Year and quarter: EPS increased by 46.59 % Year to Year. EPS increased by 19.08 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 173.284 Cr | Rs. 174.889 Cr | Rs. 212.343 Cr | + 21.42 % | + 22.54 % |
Expenses | Rs. 152.73 Cr | Rs. 152.62 Cr | Rs. 185.81 Cr | + 21.75 % | + 21.66 % |
Operating Profit | Rs. 20.55 Cr | Rs. 22.27 Cr | Rs. 26.53 Cr | + 19.13 % | + 29.1 % |
OPM % | 11.86 % | 12.73 % | 12.49 % | -0.24 % | + 0.63 % |
Other Income | Rs. 9.79 Cr | Rs. 0.4 Cr | Rs. 1.15 Cr | + 187.5 % | -88.25 % |
Interest | Rs. 4.13 Cr | Rs. 3.58 Cr | Rs. 4.64 Cr | + 29.61 % | + 12.35 % |
Depreciation | Rs. 3.7 Cr | Rs. 3.69 Cr | Rs. 3.71 Cr | + 0.54 % | + 0.27 % |
Profit before tax | Rs. 22.51 Cr | Rs. 15.4 Cr | Rs. 19.33 Cr | + 25.52 % | -14.13 % |
Tax % | 29.27 % | 25.3 % | 29.36 % | + 4.06 % | + 0.09 % |
Net Profit | Rs. 9.32 Cr | Rs. 11.51 Cr | Rs. 13.67 Cr | + 18.77 % | + 46.67 % |
EPS in Rs | Rs. 2.64 | Rs. 3.25 | Rs. 3.87 | + 19.08 % | + 46.59 % |
Today, we’re looking at 20 Microns 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 22.54 %. However, it did see a marginal increase of 21.42 % from the previous quarter. Expenses ticked up slightly by 21.75 % quarter-on-quarter, aligning with the annual rise of 21.66 %. Operating profit, while up 29.1 % compared to last year, faced a quarter-on-quarter increase of 19.13 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.63 %, but a shrinkage of -0.24 % sequentially. Other income rose by 187.5 % compared to the last quarter, despite an annual decline of -88.25 %. Interest expenses surged remarkably by 29.61 % from the previous quarter, yet the year-over-year increase remains at a moderate 12.35 %. Depreciation costs climbed by 0.54 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0.27 %. Profit before tax declined annually by -14.13 % but saw an increase from the preceding quarter by 25.52 %.
Tax expenses as a percentage of profits increased slightly by 0.09 % compared to last year, with a more notable quarter-on-quarter increase of 4.06 %. Net profit rose by 46.67 % year-on-year but experienced a 18.77 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 46.59 % but a quarterly rise of 19.08 %. In summary, 20 Microns 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. 173.284 Cr | Rs. 174.889 Cr | Rs. 212.343 Cr | + 21.42 % | + 22.54 % |
Expenses | Rs. 152.73 Cr | Rs. 152.62 Cr | Rs. 185.81 Cr | + 21.75 % | + 21.66 % |
Operating Profit | Rs. 20.55 Cr | Rs. 22.27 Cr | Rs. 26.53 Cr | + 19.13 % | + 29.1 % |
Net Profit | Rs. 9.32 Cr | Rs. 11.51 Cr | Rs. 13.67 Cr | + 18.77 % | + 46.67 % |
EPS in Rs | Rs. 2.64 | Rs. 3.25 | Rs. 3.87 | + 19.08 % | + 46.59 % |
In reviewing 20 Microns Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 22.54 % year-on-year growth, however, there was a minor increase of 21.42 % from the previous quarter. Expenses rose by 21.66 % compared to the previous year, with a 21.75 % increase quarter-on-quarter. Operating Profit surged by 29.1 % annually, and saw a 19.13 % increase from the last quarter.
Net Profit showed yearly increase of 46.67 %, and experienced a 18.77 % increase from the previous quarter. Earnings Per Share (EPS) rose by 46.59 % annually, however rose by 19.08 % compared to the last quarter. In essence, while 20 Microns 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.