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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 34.99 % in the past year, substantial increase in net sales/revenue by 25.26 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -13.16 %, Marginal increase in other income during this quarter, up by 15.12%.
- Profit over the Year and quarter: Significant improvement in profitability for Dynamic Cables Limited. Notable increase of 37.97 % in net profit Year to Year, Dynamic Cables Limited’s profitability increased by 83.07 % in this quarter.
- EPS over the Year and quarter: EPS increased by 37.89 % Year to Year. EPS increased by 83.04 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 178.462 Cr | Rs. 192.319 Cr | Rs. 240.906 Cr | + 25.26 % | + 34.99 % |
Expenses | Rs. 159.48 Cr | Rs. 174.3 Cr | Rs. 215.48 Cr | + 23.63 % | + 35.11 % |
Operating Profit | Rs. 18.98 Cr | Rs. 18.02 Cr | Rs. 25.43 Cr | + 41.12 % | + 33.98 % |
OPM % | 10.64 % | 9.37 % | 10.56 % | + 1.19 % | -0.08 % |
Other Income | Rs. 1.14 Cr | Rs. 0.86 Cr | Rs. 0.99 Cr | + 15.12 % | -13.16 % |
Interest | Rs. 4.93 Cr | Rs. 6.11 Cr | Rs. 5.49 Cr | -10.15 % | + 11.36 % |
Depreciation | Rs. 2.14 Cr | Rs. 2.49 Cr | Rs. 2.63 Cr | + 5.62 % | + 22.9 % |
Profit before tax | Rs. 13.05 Cr | Rs. 10.28 Cr | Rs. 18.3 Cr | + 78.02 % | + 40.23 % |
Tax % | 23.56 % | 26.8 % | 24.75 % | -2.05 % | + 1.19 % |
Net Profit | Rs. 9.98 Cr | Rs. 7.52 Cr | Rs. 13.77 Cr | + 83.11 % | + 37.98 % |
EPS in Rs | Rs. 4.54 | Rs. 3.42 | Rs. 6.26 | + 83.04 % | + 37.89 % |
Today, we’re looking at Dynamic Cables Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 34.99 %. However, it did see a marginal increase of 25.26 % from the previous quarter. Expenses ticked up slightly by 23.63 % quarter-on-quarter, aligning with the annual rise of 35.11 %. Operating profit, while up 33.98 % compared to last year, faced a quarter-on-quarter increase of 41.12 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.08 %, but an expansion of 1.19 % sequentially. Other income rose by 15.12 % compared to the last quarter, despite an annual decline of -13.16 %. Interest expenses dropped significantly by -10.15 % from the previous quarter, yet the year-over-year increase remains at a moderate 11.36 %. Depreciation costs climbed by 5.62 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 22.9 %. Profit before tax grew annually by 40.23 % but saw an increase from the preceding quarter by 78.02 %.
Tax expenses as a percentage of profits increased slightly by 1.19 % compared to last year, with a more notable quarter-on-quarter decrease of -2.05 %. Net profit rose by 37.98 % year-on-year but experienced a 83.11 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 37.89 % but a quarterly rise of 83.04 %. In summary, Dynamic Cables 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. 178.462 Cr | Rs. 192.319 Cr | Rs. 240.906 Cr | + 25.26 % | + 34.99 % |
Expenses | Rs. 159.48 Cr | Rs. 174.3 Cr | Rs. 215.48 Cr | + 23.63 % | + 35.11 % |
Operating Profit | Rs. 18.98 Cr | Rs. 18.02 Cr | Rs. 25.43 Cr | + 41.12 % | + 33.98 % |
Net Profit | Rs. 9.98 Cr | Rs. 7.52 Cr | Rs. 13.77 Cr | + 83.11 % | + 37.98 % |
EPS in Rs | Rs. 4.54 | Rs. 3.42 | Rs. 6.26 | + 83.04 % | + 37.89 % |
In reviewing Dynamic Cables Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 34.99 % year-on-year growth, however, there was a minor increase of 25.26 % from the previous quarter. Expenses rose by 35.11 % compared to the previous year, with a 23.63 % increase quarter-on-quarter. Operating Profit surged by 33.98 % annually, and saw a 41.12 % increase from the last quarter.
Net Profit showed yearly increase of 37.98 %, and experienced a 83.11 % increase from the previous quarter. Earnings Per Share (EPS) rose by 37.89 % annually, however rose by 83.04 % compared to the last quarter. In essence, while Dynamic Cables 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.