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Highlights
- Sales over the Year and quarter: The company’s sales declined by -56.38 % over the year, decrease in net sales/revenue by -42.17 %.
- 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 443.78 %. Marginal increase in other income during this quarter, up by 200.85%.
- Profit over the Year and quarter: Challenges in sustaining profitability for IFCI Limited. Profit dropped by -0.24 % Year to Year, IFCI Limited’s profitability increased by 226.38 % in this quarter.
- EPS over the Year and quarter: EPS declined by -98.57 % Year to Year. EPS decreased by -95.33 % 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. 1387.937 Cr | Rs. 1046.971 Cr | Rs. 605.42 Cr | -42.17 % | -56.38 % |
Expenses | Rs. 1101.14 Cr | Rs. 991.09 Cr | Rs. 268.68 Cr | -72.89 % | -75.6 % |
Operating Profit | Rs. 286.8 Cr | Rs. 55.88 Cr | Rs. 336.74 Cr | + 502.61 % | + 17.41 % |
OPM % | 20.66 % | 5.34 % | 55.62 % | + 50.28 % | + 34.96 % |
Other Income | Rs. 18.96 Cr | Rs. 34.27 Cr | Rs. 103.1 Cr | + 200.85 % | + 443.78 % |
Interest | Rs. 12.21 Cr | Rs. 7.52 Cr | Rs. 135.87 Cr | + 1706.78 % | + 1012.78 % |
Depreciation | Rs. 16.04 Cr | Rs. 15.78 Cr | Rs. 20.7 Cr | + 31.18 % | + 29.05 % |
Profit before tax | Rs. 277.51 Cr | Rs. 66.85 Cr | Rs. 283.27 Cr | + 323.74 % | + 2.08 % |
Tax % | 43.18 % | 27.9 % | 45.24 % | + 17.34 % | + 2.06 % |
Net Profit | Rs. 157.69 Cr | Rs. 48.2 Cr | Rs. 157.32 Cr | + 226.39 % | -0.23 % |
EPS in Rs | Rs. 37.87 | Rs. 11.57 | Rs. 0.54 | -95.33 % | -98.57 % |
Today, we’re looking at IFCI Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -56.38 %. However, it did see a marginal slip of -42.17 % from the previous quarter. Expenses decreased slightly by -72.89 % quarter-on-quarter, aligning with the annual decline of -75.6 %. Operating profit, while up 17.41 % compared to last year, faced a quarter-on-quarter increase of 502.61 %, 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 34.96 %, but an expansion of 50.28 % sequentially. Other income rose by 200.85 % compared to the last quarter, despite an annual growth of 443.78 %. Interest expenses surged remarkably by 1706.78 % from the previous quarter, yet the year-over-year increase remains at a moderate 1012.78 %. Depreciation costs climbed by 31.18 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 29.05 %. Profit before tax grew annually by 2.08 % but saw an increase from the preceding quarter by 323.74 %.
Tax expenses as a percentage of profits increased slightly by 2.06 % compared to last year, with a more notable quarter-on-quarter increase of 17.34 %. Net profit fell by -0.23 % year-on-year but experienced a 226.39 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -98.57 % but a quarterly fall of -95.33 %. In summary, IFCI Limited’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. 1387.937 Cr | Rs. 1046.971 Cr | Rs. 605.42 Cr | -42.17 % | -56.38 % |
Expenses | Rs. 1101.14 Cr | Rs. 991.09 Cr | Rs. 268.68 Cr | -72.89 % | -75.6 % |
Operating Profit | Rs. 286.8 Cr | Rs. 55.88 Cr | Rs. 336.74 Cr | + 502.61 % | + 17.41 % |
Net Profit | Rs. 157.69 Cr | Rs. 48.2 Cr | Rs. 157.32 Cr | + 226.39 % | -0.23 % |
EPS in Rs | Rs. 37.87 | Rs. 11.57 | Rs. 0.54 | -95.33 % | -98.57 % |
In reviewing IFCI Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -56.38 % year-on-year, although there was a slight dip of -42.17 % from the previous quarter. Expenses decreased by -75.6 % compared to the previous year, with a decrease of -72.89 % quarter-on-quarter. Operating Profit surged by 17.41 % annually, and saw a 502.61 % increase from the last quarter.
Net Profit showed yearly decrease of -0.23 %, and experienced a 226.39 % increase from the previous quarter. Earnings Per Share (EPS) fell by -98.57 % annually, however dipped by -95.33 % compared to the last quarter. In essence, while IFCI Limited 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.