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Highlights
- Sales over the Year and quarter: The company’s sales declined by -12.32 % over the year, substantial increase in net sales/revenue by 1.5 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -55.61 %, Marginal increase in other income during this quarter, up by 272.06%.
- Profit over the Year and quarter: Challenges in sustaining profitability for NATH INDUSTRIES LIMITED. Profit dropped by -89.22 % Year to Year, NATH INDUSTRIES LIMITED’s profitability increased by 202.13 % in this quarter.
- EPS over the Year and quarter: EPS declined by -89.86 % Year to Year. EPS increased by 250 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 89.413 Cr | Rs. 77.241 Cr | Rs. 78.399 Cr | + 1.5 % | -12.32 % |
| Expenses | Rs. 94.36 Cr | Rs. 73.64 Cr | Rs. 76.19 Cr | + 3.46 % | -19.26 % |
| Operating Profit | Rs. -4.95 Cr | Rs. 3.6 Cr | Rs. 2.21 Cr | -38.61 % | + 144.65 % |
| OPM % | -5.54 % | 4.66 % | 2.82 % | -1.84 % | + 8.36 % |
| Other Income | Rs. 5.7 Cr | Rs. 0.68 Cr | Rs. 2.53 Cr | + 272.06 % | -55.61 % |
| Interest | Rs. 0.61 Cr | Rs. 2.38 Cr | Rs. 3.02 Cr | + 26.89 % | + 395.08 % |
| Depreciation | Rs. 1.83 Cr | Rs. 1.85 Cr | Rs. 1.37 Cr | -25.95 % | -25.14 % |
| Profit before tax | Rs. -1.69 Cr | Rs. 0.05 Cr | Rs. 0.35 Cr | + 600 % | + 120.71 % |
| Tax % | -177.88 % | 16.07 % | 59.31 % | + 43.24 % | + 237.19 % |
| Net Profit | Rs. 1.32 Cr | Rs. 0.05 Cr | Rs. 0.14 Cr | + 180 % | -89.39 % |
| EPS in Rs | Rs. 0.69 | Rs. 0.02 | Rs. 0.07 | + 250 % | -89.86 % |
Today, we’re looking at NATH INDUSTRIES 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 -12.32 %. However, it did see a marginal increase of 1.5 % from the previous quarter. Expenses ticked up slightly by 3.46 % quarter-on-quarter, aligning with the annual decline of -19.26 %. Operating profit, while up 144.65 % compared to last year, faced a quarter-on-quarter dip of -38.61 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 8.36 %, but a shrinkage of -1.84 % sequentially. Other income rose by 272.06 % compared to the last quarter, despite an annual decline of -55.61 %. Interest expenses surged remarkably by 26.89 % from the previous quarter, yet the year-over-year increase remains at a moderate 395.08 %. Depreciation costs fell by -25.95 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -25.14 %. Profit before tax grew annually by 120.71 % but saw an increase from the preceding quarter by 600 %.
Tax expenses as a percentage of profits increased slightly by 237.19 % compared to last year, with a more notable quarter-on-quarter increase of 43.24 %. Net profit fell by -89.39 % year-on-year but experienced a 180 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -89.86 % but a quarterly rise of 250 %. In summary, NATH INDUSTRIES 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. 89.413 Cr | Rs. 77.241 Cr | Rs. 78.399 Cr | + 1.5 % | -12.32 % |
| Expenses | Rs. 94.36 Cr | Rs. 73.64 Cr | Rs. 76.19 Cr | + 3.46 % | -19.26 % |
| Operating Profit | Rs. -4.95 Cr | Rs. 3.6 Cr | Rs. 2.21 Cr | -38.61 % | + 144.65 % |
| Net Profit | Rs. 1.32 Cr | Rs. 0.05 Cr | Rs. 0.14 Cr | + 180 % | -89.39 % |
| EPS in Rs | Rs. 0.69 | Rs. 0.02 | Rs. 0.07 | + 250 % | -89.86 % |
In reviewing NATH INDUSTRIES LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -12.32 % year-on-year, however, there was a minor increase of 1.5 % from the previous quarter. Expenses decreased by -19.26 % compared to the previous year, with a 3.46 % increase quarter-on-quarter. Operating Profit surged by 144.65 % annually, and saw a -38.61 % decrease from the last quarter.
Net Profit showed yearly decrease of -89.39 %, and experienced a 180 % increase from the previous quarter. Earnings Per Share (EPS) fell by -89.86 % annually, however rose by 250 % compared to the last quarter. In essence, while NATH INDUSTRIES 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.
