Share the post "Caplin Point Laboratories announced Financial Results Q1 2024"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 16.1 % in the past year, substantial increase in net sales/revenue by 1.27 %.
- 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 54.15 %. Marginal increase in other income during this quarter, up by 6.97%.
- Profit over the Year and quarter: Significant improvement in profitability for Caplin Point Laboratories Ltd.. Notable increase of 19.85 % in net profit Year to Year, Caplin Point Laboratories Ltd.’s profitability increased by 3.04 % in this quarter.
- EPS over the Year and quarter: EPS increased by 19.82 % Year to Year. EPS increased by 1.94 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 395.32 Cr | Rs. 453.22 Cr | Rs. 458.96 Cr | + 1.27 % | + 16.1 % |
Expenses | Rs. 268.71 Cr | Rs. 307.99 Cr | Rs. 307.15 Cr | -0.27 % | + 14.31 % |
Operating Profit | Rs. 126.61 Cr | Rs. 145.23 Cr | Rs. 151.81 Cr | + 4.53 % | + 19.9 % |
OPM % | 32.03 % | 32.04 % | 33.08 % | + 1.04 % | + 1.05 % |
Other Income | Rs. 12.04 Cr | Rs. 17.35 Cr | Rs. 18.56 Cr | + 6.97 % | + 54.15 % |
Interest | Rs. 0.28 Cr | Rs. 0.15 Cr | Rs. 0.05 Cr | -66.67 % | -82.14 % |
Depreciation | Rs. 11.38 Cr | Rs. 16.4 Cr | Rs. 15.96 Cr | -2.68 % | + 40.25 % |
Profit before tax | Rs. 126.99 Cr | Rs. 146.03 Cr | Rs. 154.36 Cr | + 5.7 % | + 21.55 % |
Tax % | 17.92 % | 16.98 % | 19.09 % | + 2.11 % | + 1.17 % |
Net Profit | Rs. 104.23 Cr | Rs. 121.23 Cr | Rs. 124.92 Cr | + 3.04 % | + 19.85 % |
EPS in Rs | Rs. 13.55 | Rs. 15.9 | Rs. 16.24 | + 2.14 % | + 19.85 % |
Today, we’re looking at Caplin Point Laboratories Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 16.1 %. However, it did see a marginal increase of 1.27 % from the previous quarter. Expenses decreased slightly by -0.27 % quarter-on-quarter, aligning with the annual rise of 14.31 %. Operating profit, while up 19.9 % compared to last year, faced a quarter-on-quarter increase of 4.53 %, 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 1.05 %, but an expansion of 1.04 % sequentially. Other income rose by 6.97 % compared to the last quarter, despite an annual growth of 54.15 %. Interest expenses dropped significantly by -66.67 % from the previous quarter, yet the year-over-year decrease remains at a moderate -82.14 %. Depreciation costs fell by -2.68 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 40.25 %. Profit before tax grew annually by 21.55 % but saw an increase from the preceding quarter by 5.7 %.
Tax expenses as a percentage of profits increased slightly by 1.17 % compared to last year, with a more notable quarter-on-quarter increase of 2.11 %. Net profit rose by 19.85 % year-on-year but experienced a 3.04 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 19.85 % but a quarterly rise of 2.14 %. In summary, Caplin Point Laboratories 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. 395.32 Cr | Rs. 453.22 Cr | Rs. 458.96 Cr | + 1.27 % | + 16.1 % |
Expenses | Rs. 268.71 Cr | Rs. 307.99 Cr | Rs. 307.15 Cr | -0.27 % | + 14.31 % |
Operating Profit | Rs. 126.61 Cr | Rs. 145.23 Cr | Rs. 151.81 Cr | + 4.53 % | + 19.9 % |
Net Profit | Rs. 104.23 Cr | Rs. 121.23 Cr | Rs. 124.92 Cr | + 3.04 % | + 19.85 % |
EPS in Rs | Rs. 13.55 | Rs. 15.9 | Rs. 16.24 | + 2.14 % | + 19.85 % |
In reviewing Caplin Point Laboratories Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 16.1 % year-on-year growth, however, there was a minor increase of 1.27 % from the previous quarter. Expenses rose by 14.31 % compared to the previous year, with a decrease of -0.27 % quarter-on-quarter. Operating Profit surged by 19.9 % annually, and saw a 4.53 % increase from the last quarter.
Net Profit showed yearly increase of 19.85 %, and experienced a 3.04 % increase from the previous quarter. Earnings Per Share (EPS) rose by 19.85 % annually, however rose by 2.14 % compared to the last quarter. In essence, while Caplin Point Laboratories 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.
[my_shortcode1 values=”Caplin Point Laboratories “]