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KEI Industries Ltd.’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 18.66 % in YoY and increased by 12.49 % in QoQ

May 3, 2024May 3, 2024| adminadmin| 0 Comments| 8:15 pm
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 18.66 % in the past year, substantial increase in net sales/revenue by 12.49 %.
  • 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 197.43 %. Marginal increase in other income during this quarter, up by 27.54%.
  • Profit over the Year and quarter: Significant improvement in profitability for KEI Industries Ltd.. Notable increase of 22 % in net profit Year to Year, KEI Industries Ltd.’s profitability increased by 11.81 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 21.95 % Year to Year. EPS increased by 11.8 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of KEI Industries Ltd.”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 1954.53 Cr Rs. 2061.722 Cr Rs. 2319.275 Cr + 12.49 % + 18.66 %
Expenses Rs. 1750.72 Cr Rs. 1844.81 Cr Rs. 2074.7 Cr + 12.46 % + 18.51 %
Operating Profit Rs. 203.81 Cr Rs. 216.91 Cr Rs. 244.58 Cr + 12.76 % + 20 %
OPM % 10.43 % 10.52 % 10.55 % + 0.03 % + 0.12 %
Other Income Rs. 5.06 Cr Rs. 11.8 Cr Rs. 15.05 Cr + 27.54 % + 197.43 %
Interest Rs. 10.09 Cr Rs. 10.92 Cr Rs. 16.52 Cr + 51.28 % + 63.73 %
Depreciation Rs. 14.32 Cr Rs. 15.37 Cr Rs. 15.76 Cr + 2.54 % + 10.06 %
Profit before tax Rs. 184.46 Cr Rs. 202.42 Cr Rs. 227.35 Cr + 12.32 % + 23.25 %
Tax % 25.13 % 25.57 % 25.81 % + 0.24 % + 0.68 %
Net Profit Rs. 138.1 Cr Rs. 150.67 Cr Rs. 168.48 Cr + 11.82 % + 22 %
EPS in Rs Rs. 15.31 Rs. 16.7 Rs. 18.67 + 11.8 % + 21.95 %


Today, we’re looking at KEI Industries Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 18.66 %. However, it did see a marginal increase of 12.49 % from the previous quarter. Expenses ticked up slightly by 12.46 % quarter-on-quarter, aligning with the annual rise of 18.51 %. Operating profit, while up 20 % compared to last year, faced a quarter-on-quarter increase of 12.76 %, 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 0.12 %, but an expansion of 0.03 % sequentially. Other income rose by 27.54 % compared to the last quarter, despite an annual growth of 197.43 %. Interest expenses surged remarkably by 51.28 % from the previous quarter, yet the year-over-year increase remains at a moderate 63.73 %. Depreciation costs climbed by 2.54 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 10.06 %. Profit before tax grew annually by 23.25 % but saw an increase from the preceding quarter by 12.32 %.
Tax expenses as a percentage of profits increased slightly by 0.68 % compared to last year, with a more notable quarter-on-quarter increase of 0.24 %. Net profit rose by 22 % year-on-year but experienced a 11.82 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 21.95 % but a quarterly rise of 11.8 %. In summary, KEI 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. 1954.53 Cr Rs. 2061.722 Cr Rs. 2319.275 Cr + 12.49 % + 18.66 %
Expenses Rs. 1750.72 Cr Rs. 1844.81 Cr Rs. 2074.7 Cr + 12.46 % + 18.51 %
Operating Profit Rs. 203.81 Cr Rs. 216.91 Cr Rs. 244.58 Cr + 12.76 % + 20 %
Net Profit Rs. 138.1 Cr Rs. 150.67 Cr Rs. 168.48 Cr + 11.82 % + 22 %
EPS in Rs Rs. 15.31 Rs. 16.7 Rs. 18.67 + 11.8 % + 21.95 %


In reviewing KEI Industries Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 18.66 % year-on-year growth, however, there was a minor increase of 12.49 % from the previous quarter. Expenses rose by 18.51 % compared to the previous year, with a 12.46 % increase quarter-on-quarter. Operating Profit surged by 20 % annually, and saw a 12.76 % increase from the last quarter.
Net Profit showed yearly increase of 22 %, and experienced a 11.82 % increase from the previous quarter. Earnings Per Share (EPS) rose by 21.95 % annually, however rose by 11.8 % compared to the last quarter. In essence, while KEI Industries 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.

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