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Highlights
- Sales over the Year and quarter: The company’s sales declined by -10.31 % over the year, substantial increase in net sales/revenue by 2.64 %.
- 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 82.1 %. Marginal increase in other income during this quarter, up by 68.77%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Cosmo First Limited. Profit dropped by -51.67 % Year to Year, Cosmo First Limited’s profitability increased by 35.39 % in this quarter.
- EPS over the Year and quarter: EPS declined by -50.58 % Year to Year. EPS increased by 35.39 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 715.05 Cr | Rs. 624.79 Cr | Rs. 641.31 Cr | + 2.64 % | -10.31 % |
| Expenses | Rs. 653.61 Cr | Rs. 582.48 Cr | Rs. 597.19 Cr | + 2.53 % | -8.63 % |
| Operating Profit | Rs. 61.44 Cr | Rs. 42.31 Cr | Rs. 44.12 Cr | + 4.28 % | -28.19 % |
| OPM % | 8.59 % | 6.77 % | 6.88 % | + 0.11 % | -1.71 % |
| Other Income | Rs. 12.79 Cr | Rs. 13.8 Cr | Rs. 23.29 Cr | + 68.77 % | + 82.1 % |
| Interest | Rs. 17.39 Cr | Rs. 22.88 Cr | Rs. 26.33 Cr | + 15.08 % | + 51.41 % |
| Depreciation | Rs. 22.08 Cr | Rs. 22.89 Cr | Rs. 23.52 Cr | + 2.75 % | + 6.52 % |
| Profit before tax | Rs. 34.76 Cr | Rs. 10.34 Cr | Rs. 17.56 Cr | + 69.83 % | -49.48 % |
| Tax % | 8.46 % | 9.86 % | 12.41 % | + 2.55 % | + 3.95 % |
| Net Profit | Rs. 31.82 Cr | Rs. 11.36 Cr | Rs. 15.38 Cr | + 35.39 % | -51.67 % |
| EPS in Rs | Rs. 11.81 | Rs. 4.31 | Rs. 5.85 | + 35.73 % | -50.47 % |
Today, we’re looking at Cosmo First 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 -10.31 %. However, it did see a marginal increase of 2.64 % from the previous quarter. Expenses ticked up slightly by 2.53 % quarter-on-quarter, aligning with the annual decline of -8.63 %. Operating profit, while down -28.19 % compared to last year, faced a quarter-on-quarter increase of 4.28 %, 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 -1.71 %, but an expansion of 0.11 % sequentially. Other income rose by 68.77 % compared to the last quarter, despite an annual growth of 82.1 %. Interest expenses surged remarkably by 15.08 % from the previous quarter, yet the year-over-year increase remains at a moderate 51.41 %. Depreciation costs climbed by 2.75 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 6.52 %. Profit before tax declined annually by -49.48 % but saw an increase from the preceding quarter by 69.83 %.
Tax expenses as a percentage of profits increased slightly by 3.95 % compared to last year, with a more notable quarter-on-quarter increase of 2.55 %. Net profit fell by -51.67 % year-on-year but experienced a 35.39 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -50.47 % but a quarterly rise of 35.73 %. In summary, Cosmo First 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. 715.05 Cr | Rs. 624.79 Cr | Rs. 641.31 Cr | + 2.64 % | -10.31 % |
| Expenses | Rs. 653.61 Cr | Rs. 582.48 Cr | Rs. 597.19 Cr | + 2.53 % | -8.63 % |
| Operating Profit | Rs. 61.44 Cr | Rs. 42.31 Cr | Rs. 44.12 Cr | + 4.28 % | -28.19 % |
| Net Profit | Rs. 31.82 Cr | Rs. 11.36 Cr | Rs. 15.38 Cr | + 35.39 % | -51.67 % |
| EPS in Rs | Rs. 11.81 | Rs. 4.31 | Rs. 5.85 | + 35.73 % | -50.47 % |
In reviewing Cosmo First Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -10.31 % year-on-year, however, there was a minor increase of 2.64 % from the previous quarter. Expenses decreased by -8.63 % compared to the previous year, with a 2.53 % increase quarter-on-quarter. Operating Profit dropped by -28.19 % annually, and saw a 4.28 % increase from the last quarter.
Net Profit showed yearly decrease of -51.67 %, and experienced a 35.39 % increase from the previous quarter. Earnings Per Share (EPS) fell by -50.47 % annually, however rose by 35.73 % compared to the last quarter. In essence, while Cosmo First Limited 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.
