Share the post "Dwarikesh Sugar Industries Ltd.’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales decreased by 28.66 % in YoY and increased by 21.42 % in QoQ"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -28.66 % over the year, substantial increase in net sales/revenue by 21.42 %.
- 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 12.17 %. Marginal decrease of -64.96% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Dwarikesh Sugar Industries Ltd.. Profit dropped by -51.04 % Year to Year, Dwarikesh Sugar Industries Ltd.’s profitability increased by 133.41 % in this quarter.
- EPS over the Year and quarter: EPS declined by -50.81 % Year to Year. EPS increased by 134.62 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 532.549 Cr | Rs. 312.914 Cr | Rs. 379.941 Cr | + 21.42 % | -28.66 % |
Expenses | Rs. 446.12 Cr | Rs. 286.94 Cr | Rs. 306.76 Cr | + 6.91 % | -31.24 % |
Operating Profit | Rs. 86.43 Cr | Rs. 25.97 Cr | Rs. 73.18 Cr | + 181.79 % | -15.33 % |
OPM % | 16.23 % | 8.3 % | 19.26 % | + 10.96 % | + 3.03 % |
Other Income | Rs. 1.89 Cr | Rs. 6.05 Cr | Rs. 2.12 Cr | -64.96 % | + 12.17 % |
Interest | Rs. 5.92 Cr | Rs. 4.26 Cr | Rs. 6.86 Cr | + 61.03 % | + 15.88 % |
Depreciation | Rs. 12.81 Cr | Rs. 13.59 Cr | Rs. 12.64 Cr | -6.99 % | -1.33 % |
Profit before tax | Rs. 69.59 Cr | Rs. 14.17 Cr | Rs. 55.8 Cr | + 293.79 % | -19.82 % |
Tax % | 32.82 % | 30.81 % | 58.98 % | + 28.17 % | + 26.16 % |
Net Profit | Rs. 46.76 Cr | Rs. 9.81 Cr | Rs. 22.89 Cr | + 133.33 % | -51.05 % |
EPS in Rs | Rs. 2.48 | Rs. 0.52 | Rs. 1.22 | + 134.62 % | -50.81 % |
Today, we’re looking at Dwarikesh Sugar Industries Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -28.66 %. However, it did see a marginal increase of 21.42 % from the previous quarter. Expenses ticked up slightly by 6.91 % quarter-on-quarter, aligning with the annual decline of -31.24 %. Operating profit, while down -15.33 % compared to last year, faced a quarter-on-quarter increase of 181.79 %, 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 3.03 %, but an expansion of 10.96 % sequentially. Other income fell by -64.96 % compared to the last quarter, despite an annual growth of 12.17 %. Interest expenses surged remarkably by 61.03 % from the previous quarter, yet the year-over-year increase remains at a moderate 15.88 %. Depreciation costs fell by -6.99 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -1.33 %. Profit before tax declined annually by -19.82 % but saw an increase from the preceding quarter by 293.79 %.
Tax expenses as a percentage of profits increased slightly by 26.16 % compared to last year, with a more notable quarter-on-quarter increase of 28.17 %. Net profit fell by -51.05 % year-on-year but experienced a 133.33 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -50.81 % but a quarterly rise of 134.62 %. In summary, Dwarikesh Sugar Industries 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. 532.549 Cr | Rs. 312.914 Cr | Rs. 379.941 Cr | + 21.42 % | -28.66 % |
Expenses | Rs. 446.12 Cr | Rs. 286.94 Cr | Rs. 306.76 Cr | + 6.91 % | -31.24 % |
Operating Profit | Rs. 86.43 Cr | Rs. 25.97 Cr | Rs. 73.18 Cr | + 181.79 % | -15.33 % |
Net Profit | Rs. 46.76 Cr | Rs. 9.81 Cr | Rs. 22.89 Cr | + 133.33 % | -51.05 % |
EPS in Rs | Rs. 2.48 | Rs. 0.52 | Rs. 1.22 | + 134.62 % | -50.81 % |
In reviewing Dwarikesh Sugar Industries Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -28.66 % year-on-year, however, there was a minor increase of 21.42 % from the previous quarter. Expenses decreased by -31.24 % compared to the previous year, with a 6.91 % increase quarter-on-quarter. Operating Profit dropped by -15.33 % annually, and saw a 181.79 % increase from the last quarter.
Net Profit showed yearly decrease of -51.05 %, and experienced a 133.33 % increase from the previous quarter. Earnings Per Share (EPS) fell by -50.81 % annually, however rose by 134.62 % compared to the last quarter. In essence, while Dwarikesh Sugar Industries Ltd. faces strong annual decline 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.