Share the post "Dutron Polymers Ltd.’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales decreased by 8.02 % in YoY and decreased by 13.84 % in QoQ"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -8.02 % over the year, decrease in net sales/revenue by -13.84 %.
- 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 425 %. Marginal increase in other income during this quarter, up by 225%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Dutron Polymers Ltd.. Profit dropped by -82.55 % Year to Year, Dutron Polymers Ltd.’s profitability dropped by -76.07 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -64.10 % Year to Year. EPS decreased by -51.16 % 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. 28.023 Cr | Rs. 29.916 Cr | Rs. 25.776 Cr | -13.84 % | -8.02 % |
| Expenses | Rs. 26.47 Cr | Rs. 28.79 Cr | Rs. 25.13 Cr | -12.71 % | -5.06 % |
| Operating Profit | Rs. 1.55 Cr | Rs. 1.13 Cr | Rs. 0.65 Cr | -42.48 % | -58.06 % |
| OPM % | 5.53 % | 3.78 % | 2.52 % | -1.26 % | -3.01 % |
| Other Income | Rs. -0.08 Cr | Rs. 0.08 Cr | Rs. 0.26 Cr | + 225 % | + 425 % |
| Interest | Rs. 0.28 Cr | Rs. 0.2 Cr | Rs. 0.12 Cr | -40 % | -57.14 % |
| Depreciation | Rs. 0.31 Cr | Rs. 0.28 Cr | Rs. 0.28 Cr | + 0 % | -9.68 % |
| Profit before tax | Rs. 0.88 Cr | Rs. 0.73 Cr | Rs. 0.51 Cr | -30.14 % | -42.05 % |
| Tax % | 19.98 % | 30.35 % | 76.2 % | + 45.85 % | + 56.22 % |
| Net Profit | Rs. 0.71 Cr | Rs. 0.51 Cr | Rs. 0.12 Cr | -76.47 % | -83.1 % |
| EPS in Rs | Rs. 1.17 | Rs. 0.86 | Rs. 0.42 | -51.16 % | -64.1 % |
Today, we’re looking at Dutron Polymers 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 -8.02 %. However, it did see a marginal slip of -13.84 % from the previous quarter. Expenses decreased slightly by -12.71 % quarter-on-quarter, aligning with the annual decline of -5.06 %. Operating profit, while down -58.06 % compared to last year, faced a quarter-on-quarter dip of -42.48 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -3.01 %, but a shrinkage of -1.26 % sequentially. Other income rose by 225 % compared to the last quarter, despite an annual growth of 425 %. Interest expenses dropped significantly by -40 % from the previous quarter, yet the year-over-year decrease remains at a moderate -57.14 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -9.68 %. Profit before tax declined annually by -42.05 % but saw a reduction from the preceding quarter by -30.14 %.
Tax expenses as a percentage of profits increased slightly by 56.22 % compared to last year, with a more notable quarter-on-quarter increase of 45.85 %. Net profit fell by -83.1 % year-on-year but witnessed a -76.47 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -64.1 % but a quarterly fall of -51.16 %. In summary, Dutron Polymers 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. 28.023 Cr | Rs. 29.916 Cr | Rs. 25.776 Cr | -13.84 % | -8.02 % |
| Expenses | Rs. 26.47 Cr | Rs. 28.79 Cr | Rs. 25.13 Cr | -12.71 % | -5.06 % |
| Operating Profit | Rs. 1.55 Cr | Rs. 1.13 Cr | Rs. 0.65 Cr | -42.48 % | -58.06 % |
| Net Profit | Rs. 0.71 Cr | Rs. 0.51 Cr | Rs. 0.12 Cr | -76.47 % | -83.1 % |
| EPS in Rs | Rs. 1.17 | Rs. 0.86 | Rs. 0.42 | -51.16 % | -64.1 % |
In reviewing Dutron Polymers Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -8.02 % year-on-year, although there was a slight dip of -13.84 % from the previous quarter. Expenses decreased by -5.06 % compared to the previous year, with a decrease of -12.71 % quarter-on-quarter. Operating Profit dropped by -58.06 % annually, and saw a -42.48 % decrease from the last quarter.
Net Profit showed yearly decrease of -83.1 %, and experienced a -76.47 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -64.1 % annually, however dipped by -51.16 % compared to the last quarter. In essence, while Dutron Polymers Ltd. faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
