Share the post "Walchandnagar Industries : Q4 2024 Financial Quarterly Report : YoY Sales Down 18.48 %, QoQ Up 63.59 %"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -18.48 % over the year, substantial increase in net sales/revenue by 63.59 %.
- 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 45.36 %. Marginal decrease of -37.24% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Walchandnagar Industries Ltd. Profit dropped by -106.38 % Year to Year, Walchandnagar Industries Ltd’s profitability dropped by -80.71 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -104.64 % Year to Year. EPS decreased by -85.93 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 112.1 Cr | Rs. 55.86 Cr | Rs. 91.38 Cr | + 63.59 % | -18.48 % |
Expenses | Rs. 146.06 Cr | Rs. 63.84 Cr | Rs. 86.12 Cr | + 34.9 % | -41.04 % |
Operating Profit | Rs. -33.96 Cr | Rs. -7.98 Cr | Rs. 5.26 Cr | + 165.91 % | + 115.49 % |
OPM % | -30.29 % | -14.29 % | 5.76 % | + 20.05 % | + 36.05 % |
Other Income | Rs. 2.91 Cr | Rs. 6.74 Cr | Rs. 4.23 Cr | -37.24 % | + 45.36 % |
Interest | Rs. 13.35 Cr | Rs. 13.24 Cr | Rs. 11.01 Cr | -16.84 % | -17.53 % |
Depreciation | Rs. 4.55 Cr | Rs. 4.18 Cr | Rs. 2.08 Cr | -50.24 % | -54.29 % |
Profit before tax | Rs. -48.95 Cr | Rs. -18.66 Cr | Rs. -3.6 Cr | + 80.71 % | + 92.65 % |
Tax % | 0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. 56.44 Cr | Rs. -18.66 Cr | Rs. -3.6 Cr | + 80.71 % | -106.38 % |
EPS in Rs | Rs. 12.28 | Rs. -4.05 | Rs. -0.57 | + 85.93 % | -104.64 % |
Today, we’re looking at Walchandnagar Industries Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -18.48 %. However, it did see a marginal increase of 63.59 % from the previous quarter. Expenses ticked up slightly by 34.9 % quarter-on-quarter, aligning with the annual decline of -41.04 %. Operating profit, while up 115.49 % compared to last year, faced a quarter-on-quarter increase of 165.91 %, 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 36.05 %, but an expansion of 20.05 % sequentially. Other income fell by -37.24 % compared to the last quarter, despite an annual growth of 45.36 %. Interest expenses dropped significantly by -16.84 % from the previous quarter, yet the year-over-year decrease remains at a moderate -17.53 %. Depreciation costs fell by -50.24 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -54.29 %. Profit before tax grew annually by 92.65 % but saw an increase from the preceding quarter by 80.71 %.
Net profit fell by -106.38 % year-on-year but experienced a 80.71 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -104.64 % but a quarterly rise of 85.93 %. In summary, Walchandnagar Industries 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. 112.1 Cr | Rs. 55.86 Cr | Rs. 91.38 Cr | + 63.59 % | -18.48 % |
Expenses | Rs. 146.06 Cr | Rs. 63.84 Cr | Rs. 86.12 Cr | + 34.9 % | -41.04 % |
Operating Profit | Rs. -33.96 Cr | Rs. -7.98 Cr | Rs. 5.26 Cr | + 165.91 % | + 115.49 % |
Net Profit | Rs. 56.44 Cr | Rs. -18.66 Cr | Rs. -3.6 Cr | + 80.71 % | -106.38 % |
EPS in Rs | Rs. 12.28 | Rs. -4.05 | Rs. -0.57 | + 85.93 % | -104.64 % |
In reviewing Walchandnagar Industries Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -18.48 % year-on-year, however, there was a minor increase of 63.59 % from the previous quarter. Expenses decreased by -41.04 % compared to the previous year, with a 34.9 % increase quarter-on-quarter. Operating Profit surged by 115.49 % annually, and saw a 165.91 % increase from the last quarter.
Net Profit showed yearly decrease of -106.38 %, and experienced a 80.71 % increase from the previous quarter. Earnings Per Share (EPS) fell by -104.64 % annually, however rose by 85.93 % compared to the last quarter. In essence, while Walchandnagar Industries 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.