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Highlights
- Sales over the Year and quarter: The company’s sales declined by -23.64 % over the year, decrease in net sales/revenue by -42.08 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -57.11 %, Marginal decrease of -31.37% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for JOHN COCKERILL INDIA LIMITED. Profit dropped by -63.07 % Year to Year, JOHN COCKERILL INDIA LIMITED’s profitability dropped by -64.95 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -63.05 % Year to Year. EPS decreased by -64.91 % 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. 192.594 Cr | Rs. 253.903 Cr | Rs. 147.064 Cr | -42.08 % | -23.64 % |
Expenses | Rs. 181.6 Cr | Rs. 241.18 Cr | Rs. 142.31 Cr | -40.99 % | -21.64 % |
Operating Profit | Rs. 10.99 Cr | Rs. 12.72 Cr | Rs. 4.75 Cr | -62.66 % | -56.78 % |
OPM % | 5.71 % | 5.01 % | 3.23 % | -1.78 % | -2.48 % |
Other Income | Rs. 4.08 Cr | Rs. 2.55 Cr | Rs. 1.75 Cr | -31.37 % | -57.11 % |
Interest | Rs. 0.17 Cr | Rs. 1.11 Cr | Rs. 0.46 Cr | -58.56 % | + 170.59 % |
Depreciation | Rs. 1.78 Cr | Rs. 1.26 Cr | Rs. 1.33 Cr | + 5.56 % | -25.28 % |
Profit before tax | Rs. 13.12 Cr | Rs. 12.9 Cr | Rs. 4.71 Cr | -63.49 % | -64.1 % |
Tax % | 25.39 % | 20 % | 23.22 % | + 3.22 % | -2.17 % |
Net Profit | Rs. 9.79 Cr | Rs. 10.32 Cr | Rs. 3.62 Cr | -64.92 % | -63.02 % |
EPS in Rs | Rs. 19.84 | Rs. 20.89 | Rs. 7.33 | -64.91 % | -63.05 % |
Today, we’re looking at JOHN COCKERILL INDIA 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 -23.64 %. However, it did see a marginal slip of -42.08 % from the previous quarter. Expenses decreased slightly by -40.99 % quarter-on-quarter, aligning with the annual decline of -21.64 %. Operating profit, while down -56.78 % compared to last year, faced a quarter-on-quarter dip of -62.66 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -2.48 %, but a shrinkage of -1.78 % sequentially. Other income fell by -31.37 % compared to the last quarter, despite an annual decline of -57.11 %. Interest expenses dropped significantly by -58.56 % from the previous quarter, yet the year-over-year increase remains at a moderate 170.59 %. Depreciation costs climbed by 5.56 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -25.28 %. Profit before tax declined annually by -64.1 % but saw a reduction from the preceding quarter by -63.49 %.
Tax expenses as a percentage of profits decreased slightly by -2.17 % compared to last year, with a more notable quarter-on-quarter increase of 3.22 %. Net profit fell by -63.02 % year-on-year but witnessed a -64.92 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -63.05 % but a quarterly fall of -64.91 %. In summary, JOHN COCKERILL INDIA 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. 192.594 Cr | Rs. 253.903 Cr | Rs. 147.064 Cr | -42.08 % | -23.64 % |
Expenses | Rs. 181.6 Cr | Rs. 241.18 Cr | Rs. 142.31 Cr | -40.99 % | -21.64 % |
Operating Profit | Rs. 10.99 Cr | Rs. 12.72 Cr | Rs. 4.75 Cr | -62.66 % | -56.78 % |
Net Profit | Rs. 9.79 Cr | Rs. 10.32 Cr | Rs. 3.62 Cr | -64.92 % | -63.02 % |
EPS in Rs | Rs. 19.84 | Rs. 20.89 | Rs. 7.33 | -64.91 % | -63.05 % |
In reviewing JOHN COCKERILL INDIA LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -23.64 % year-on-year, although there was a slight dip of -42.08 % from the previous quarter. Expenses decreased by -21.64 % compared to the previous year, with a decrease of -40.99 % quarter-on-quarter. Operating Profit dropped by -56.78 % annually, and saw a -62.66 % decrease from the last quarter.
Net Profit showed yearly decrease of -63.02 %, and experienced a -64.92 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -63.05 % annually, however dipped by -64.91 % compared to the last quarter. In essence, while JOHN COCKERILL INDIA LIMITED faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.