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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 52.51 % in the past year, substantial increase in net sales/revenue by 48.02 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is %, Marginal decrease of % in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Organic Coatings Ltd.. Notable increase of 460 % in net profit Year to Year, Organic Coatings Ltd.’s profitability dropped by -197.39 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 480.00 % Year to Year. EPS decreased by -196.67 % 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. 5.926 Cr | Rs. 6.106 Cr | Rs. 9.038 Cr | + 48.02 % | + 52.51 % |
Expenses | Rs. 5.31 Cr | Rs. 5.79 Cr | Rs. 8.26 Cr | + 42.66 % | + 55.56 % |
Operating Profit | Rs. 0.62 Cr | Rs. 0.32 Cr | Rs. 0.78 Cr | + 143.75 % | + 25.81 % |
OPM % | 10.46 % | 5.24 % | 8.63 % | + 3.39 % | -1.83 % |
Other Income | Rs. 0.02 Cr | Rs. 0.04 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0.38 Cr | Rs. 0.36 Cr | Rs. 0.34 Cr | -5.56 % | -10.53 % |
Depreciation | Rs. 0.22 Cr | Rs. 0.23 Cr | Rs. 0.22 Cr | -4.35 % | + 0 % |
Profit before tax | Rs. 0.04 Cr | Rs. -0.23 Cr | Rs. 0.22 Cr | + 195.65 % | + 450 % |
Tax % | 0 % | -0 % | 0 % | 0 % | 0 % |
Net Profit | Rs. 0.04 Cr | Rs. -0.23 Cr | Rs. 0.22 Cr | + 195.65 % | + 450 % |
EPS in Rs | Rs. 0.05 | Rs. -0.3 | Rs. 0.29 | + 196.67 % | + 480 % |
Today, we’re looking at Organic Coatings Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 52.51 %. However, it did see a marginal increase of 48.02 % from the previous quarter. Expenses ticked up slightly by 42.66 % quarter-on-quarter, aligning with the annual rise of 55.56 %. Operating profit, while up 25.81 % compared to last year, faced a quarter-on-quarter increase of 143.75 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -1.83 %, but an expansion of 3.39 % sequentially. Interest expenses dropped significantly by -5.56 % from the previous quarter, yet the year-over-year decrease remains at a moderate -10.53 %. Depreciation costs fell by -4.35 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 450 % but saw an increase from the preceding quarter by 195.65 %.
Net profit rose by 450 % year-on-year but experienced a 195.65 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 480 % but a quarterly rise of 196.67 %. In summary, Organic Coatings 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. 5.926 Cr | Rs. 6.106 Cr | Rs. 9.038 Cr | + 48.02 % | + 52.51 % |
Expenses | Rs. 5.31 Cr | Rs. 5.79 Cr | Rs. 8.26 Cr | + 42.66 % | + 55.56 % |
Operating Profit | Rs. 0.62 Cr | Rs. 0.32 Cr | Rs. 0.78 Cr | + 143.75 % | + 25.81 % |
Net Profit | Rs. 0.04 Cr | Rs. -0.23 Cr | Rs. 0.22 Cr | + 195.65 % | + 450 % |
EPS in Rs | Rs. 0.05 | Rs. -0.3 | Rs. 0.29 | + 196.67 % | + 480 % |
In reviewing Organic Coatings Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 52.51 % year-on-year growth, however, there was a minor increase of 48.02 % from the previous quarter. Expenses rose by 55.56 % compared to the previous year, with a 42.66 % increase quarter-on-quarter. Operating Profit surged by 25.81 % annually, and saw a 143.75 % increase from the last quarter.
Net Profit showed yearly increase of 450 %, and experienced a 195.65 % increase from the previous quarter. Earnings Per Share (EPS) rose by 480 % annually, however rose by 196.67 % compared to the last quarter. In essence, while Organic Coatings 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.