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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 10.87 % in the past year, substantial increase in net sales/revenue by 15.97 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -56.6 %, Marginal decrease of -32.35% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for The Indian Wood Products Co. Ltd.. Notable increase of 25.93 % in net profit Year to Year, The Indian Wood Products Co. Ltd.’s profitability dropped by -10.27 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 25.00 % Year to Year. EPS decreased by -9.09 % 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. 50.813 Cr | Rs. 48.58 Cr | Rs. 56.338 Cr | + 15.97 % | + 10.87 % |
Expenses | Rs. 47.13 Cr | Rs. 44.44 Cr | Rs. 52.01 Cr | + 17.03 % | + 10.35 % |
Operating Profit | Rs. 3.68 Cr | Rs. 4.14 Cr | Rs. 4.33 Cr | + 4.59 % | + 17.66 % |
OPM % | 7.24 % | 8.52 % | 7.69 % | -0.83 % | + 0.45 % |
Other Income | Rs. 0.159 Cr | Rs. 0.102 Cr | Rs. 0.069 Cr | -32.35 % | -56.6 % |
Interest | Rs. 2.05 Cr | Rs. 2.22 Cr | Rs. 2.31 Cr | + 4.05 % | + 12.68 % |
Depreciation | Rs. 0.77 Cr | Rs. 0.89 Cr | Rs. 0.8 Cr | -10.11 % | + 3.9 % |
Profit before tax | Rs. 1.02 Cr | Rs. 1.13 Cr | Rs. 1.29 Cr | + 14.16 % | + 26.47 % |
Tax % | 24.02 % | 15.02 % | 18.7 % | + 3.68 % | -5.32 % |
Net Profit | Rs. 1 Cr | Rs. 1.4 Cr | Rs. 1.26 Cr | -10 % | + 26 % |
EPS in Rs | Rs. 0.16 | Rs. 0.22 | Rs. 0.2 | -9.09 % | + 25 % |
Today, we’re looking at The Indian Wood Products Co. 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 10.87 %. However, it did see a marginal increase of 15.97 % from the previous quarter. Expenses ticked up slightly by 17.03 % quarter-on-quarter, aligning with the annual rise of 10.35 %. Operating profit, while up 17.66 % compared to last year, faced a quarter-on-quarter increase of 4.59 %, 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 0.45 %, but a shrinkage of -0.83 % sequentially. Other income fell by -32.35 % compared to the last quarter, despite an annual decline of -56.6 %. Interest expenses surged remarkably by 4.05 % from the previous quarter, yet the year-over-year increase remains at a moderate 12.68 %. Depreciation costs fell by -10.11 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.9 %. Profit before tax grew annually by 26.47 % but saw an increase from the preceding quarter by 14.16 %.
Tax expenses as a percentage of profits decreased slightly by -5.32 % compared to last year, with a more notable quarter-on-quarter increase of 3.68 %. Net profit rose by 26 % year-on-year but witnessed a -10 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 25 % but a quarterly fall of -9.09 %. In summary, The Indian Wood Products Co. 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. 50.813 Cr | Rs. 48.58 Cr | Rs. 56.338 Cr | + 15.97 % | + 10.87 % |
Expenses | Rs. 47.13 Cr | Rs. 44.44 Cr | Rs. 52.01 Cr | + 17.03 % | + 10.35 % |
Operating Profit | Rs. 3.68 Cr | Rs. 4.14 Cr | Rs. 4.33 Cr | + 4.59 % | + 17.66 % |
Net Profit | Rs. 1 Cr | Rs. 1.4 Cr | Rs. 1.26 Cr | -10 % | + 26 % |
EPS in Rs | Rs. 0.16 | Rs. 0.22 | Rs. 0.2 | -9.09 % | + 25 % |
In reviewing The Indian Wood Products Co. Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 10.87 % year-on-year growth, however, there was a minor increase of 15.97 % from the previous quarter. Expenses rose by 10.35 % compared to the previous year, with a 17.03 % increase quarter-on-quarter. Operating Profit surged by 17.66 % annually, and saw a 4.59 % increase from the last quarter.
Net Profit showed yearly increase of 26 %, and experienced a -10 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 25 % annually, however dipped by -9.09 % compared to the last quarter. In essence, while The Indian Wood Products Co. Ltd. exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.