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KMG Milk Food : Q4 2024 Financial Quarterly Report : YoY Sales Down 33.2 %, QoQ Up 150.73 %

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Highlights

  • Sales over the Year and quarter: The company’s sales declined by -33.2 % over the year, substantial increase in net sales/revenue by 150.73 %.
  • 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 4.35 %. Marginal decrease of -4% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for KMG Milk Food Limited. Notable increase of 37.79 % in net profit Year to Year, KMG Milk Food Limited’s profitability increased by 139.39 % in this quarter.
  • EPS over the Year and quarter: EPS declined by -99.22 % Year to Year.

The comprehensive analytics outlining the performance and outlook of KMG Milk Food Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 1.798 Cr Rs. 0.479 Cr Rs. 1.201 Cr + 150.73 % -33.2 %
Expenses Rs. 1.83 Cr Rs. 0.62 Cr Rs. 0.99 Cr + 59.68 % -45.9 %
Operating Profit Rs. -0.03 Cr Rs. -0.14 Cr Rs. 0.21 Cr + 250 % + 800 %
OPM % -1.67 % -29.23 % 17.49 % + 46.72 % + 19.16 %
Other Income Rs. 0.23 Cr Rs. 0.25 Cr Rs. 0.24 Cr -4 % + 4.35 %
Interest Rs. 0.01 Cr Rs. 0 Cr Rs. 0.08 Cr 0 % + 700 %
Depreciation Rs. 0.08 Cr Rs. 0 Cr Rs. 0.16 Cr 0 % + 100 %
Profit before tax Rs. 0.11 Cr Rs. 0.11 Cr Rs. 0.21 Cr + 90.91 % + 90.91 %
Tax % 56.36 % 0 % 13.94 % + 13.94 % -42.42 %
Net Profit Rs. 0.17 Cr Rs. 0.1 Cr Rs. 0.24 Cr + 140 % + 41.18 %
EPS in Rs Rs. 2.55 Rs. 0 Rs. 0.02 0 % -99.22 %


Today, we’re looking at KMG Milk Food Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -33.2 %. However, it did see a marginal increase of 150.73 % from the previous quarter. Expenses ticked up slightly by 59.68 % quarter-on-quarter, aligning with the annual decline of -45.9 %. Operating profit, while up 800 % compared to last year, faced a quarter-on-quarter increase of 250 %, 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 19.16 %, but an expansion of 46.72 % sequentially. Other income fell by -4 % compared to the last quarter, despite an annual growth of 4.35 %. yet the year-over-year increase remains at a moderate 700 %. whereas on an annual scale, they saw an increase of 100 %. Profit before tax grew annually by 90.91 % but saw an increase from the preceding quarter by 90.91 %.
Tax expenses as a percentage of profits decreased slightly by -42.42 % compared to last year, with a more notable quarter-on-quarter increase of 13.94 %. Net profit rose by 41.18 % year-on-year but experienced a 140 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -99.22 % In summary, KMG Milk Food 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. 1.798 Cr Rs. 0.479 Cr Rs. 1.201 Cr + 150.73 % -33.2 %
Expenses Rs. 1.83 Cr Rs. 0.62 Cr Rs. 0.99 Cr + 59.68 % -45.9 %
Operating Profit Rs. -0.03 Cr Rs. -0.14 Cr Rs. 0.21 Cr + 250 % + 800 %
Net Profit Rs. 0.17 Cr Rs. 0.1 Cr Rs. 0.24 Cr + 140 % + 41.18 %
EPS in Rs Rs. 2.55 Rs. 0 Rs. 0.02 0 % -99.22 %


In reviewing KMG Milk Food Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -33.2 % year-on-year, however, there was a minor increase of 150.73 % from the previous quarter. Expenses decreased by -45.9 % compared to the previous year, with a 59.68 % increase quarter-on-quarter. Operating Profit surged by 800 % annually, and saw a 250 % increase from the last quarter.
Net Profit showed yearly increase of 41.18 %, and experienced a 140 % increase from the previous quarter. Earnings Per Share (EPS) fell by -99.22 % annually, In essence, while KMG Milk Food 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.

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