Share the post "CARYSIL : Q4 2024 Financial Quarterly Report : YoY Sales Up 30.89 %, QoQ Up 1.37 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 30.89 % in the past year, substantial increase in net sales/revenue by 1.37 %.
- 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 89.32 %. Marginal increase in other income during this quarter, up by 111.96%.
- Profit over the Year and quarter: Significant improvement in profitability for CARYSIL LIMITED. Notable increase of 26.07 % in net profit Year to Year, CARYSIL LIMITED’s profitability increased by 2.78 % in this quarter.
- EPS over the Year and quarter: EPS increased by 24.78 % Year to Year. EPS increased by 1.22 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 145.57 Cr | Rs. 187.957 Cr | Rs. 190.532 Cr | + 1.37 % | + 30.89 % |
Expenses | Rs. 119.34 Cr | Rs. 152.75 Cr | Rs. 156.01 Cr | + 2.13 % | + 30.73 % |
Operating Profit | Rs. 26.23 Cr | Rs. 35.21 Cr | Rs. 34.52 Cr | -1.96 % | + 31.61 % |
OPM % | 18.02 % | 18.73 % | 18.12 % | -0.61 % | + 0.1 % |
Other Income | Rs. 1.03 Cr | Rs. 0.92 Cr | Rs. 1.95 Cr | + 111.96 % | + 89.32 % |
Interest | Rs. 3.78 Cr | Rs. 5.83 Cr | Rs. 5.75 Cr | -1.37 % | + 52.12 % |
Depreciation | Rs. 7.24 Cr | Rs. 8.12 Cr | Rs. 9.49 Cr | + 16.87 % | + 31.08 % |
Profit before tax | Rs. 16.24 Cr | Rs. 22.18 Cr | Rs. 21.23 Cr | -4.28 % | + 30.73 % |
Tax % | 23.03 % | 30.83 % | 25.79 % | -5.04 % | + 2.76 % |
Net Profit | Rs. 12.5 Cr | Rs. 15.34 Cr | Rs. 15.76 Cr | + 2.74 % | + 26.08 % |
EPS in Rs | Rs. 4.64 | Rs. 5.72 | Rs. 5.79 | + 1.22 % | + 24.78 % |
Today, we’re looking at CARYSIL 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 30.89 %. However, it did see a marginal increase of 1.37 % from the previous quarter. Expenses ticked up slightly by 2.13 % quarter-on-quarter, aligning with the annual rise of 30.73 %. Operating profit, while up 31.61 % compared to last year, faced a quarter-on-quarter dip of -1.96 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.1 %, but a shrinkage of -0.61 % sequentially. Other income rose by 111.96 % compared to the last quarter, despite an annual growth of 89.32 %. Interest expenses dropped significantly by -1.37 % from the previous quarter, yet the year-over-year increase remains at a moderate 52.12 %. Depreciation costs climbed by 16.87 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 31.08 %. Profit before tax grew annually by 30.73 % but saw a reduction from the preceding quarter by -4.28 %.
Tax expenses as a percentage of profits increased slightly by 2.76 % compared to last year, with a more notable quarter-on-quarter decrease of -5.04 %. Net profit rose by 26.08 % year-on-year but experienced a 2.74 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 24.78 % but a quarterly rise of 1.22 %. In summary, CARYSIL 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. 145.57 Cr | Rs. 187.957 Cr | Rs. 190.532 Cr | + 1.37 % | + 30.89 % |
Expenses | Rs. 119.34 Cr | Rs. 152.75 Cr | Rs. 156.01 Cr | + 2.13 % | + 30.73 % |
Operating Profit | Rs. 26.23 Cr | Rs. 35.21 Cr | Rs. 34.52 Cr | -1.96 % | + 31.61 % |
Net Profit | Rs. 12.5 Cr | Rs. 15.34 Cr | Rs. 15.76 Cr | + 2.74 % | + 26.08 % |
EPS in Rs | Rs. 4.64 | Rs. 5.72 | Rs. 5.79 | + 1.22 % | + 24.78 % |
In reviewing CARYSIL LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 30.89 % year-on-year growth, however, there was a minor increase of 1.37 % from the previous quarter. Expenses rose by 30.73 % compared to the previous year, with a 2.13 % increase quarter-on-quarter. Operating Profit surged by 31.61 % annually, and saw a -1.96 % decrease from the last quarter.
Net Profit showed yearly increase of 26.08 %, and experienced a 2.74 % increase from the previous quarter. Earnings Per Share (EPS) rose by 24.78 % annually, however rose by 1.22 % compared to the last quarter. In essence, while CARYSIL 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.
11
3-Year Profit
25
5-Year Profit
16
10-Year Profit
788
Current Price
2,239
Market Cap
The financial outlook for the company under BSE code 524091 reveals a significant five-year profit of 25 percents. This marks a notable increase to 11 percents over the last three years, indicating a strong upward trend in the company's financial health during this period. However, it's important to note that recent challenges have impacted the company's performance, leading to a trailing twelve-month loss of 142 percents. This sharp decline in profitability is particularly concerning, as the company has also reported no sales across any analyzed timeframe, suggesting a highly unconventional and perhaps risky operational approach. The company's stock prices mirror this financial volatility, with the stock trading at 49 percents over the past five years but experiencing a dramatic drop to 20 percents within the last year. Over a decade, the stock price was at 20 percents, reflecting long-term concerns regarding the company's stability and future outlook. Such performance poses questions about the sustainability of the business and whether it can rebound from these recent setbacks.
Currently valued at ₹2,239 crore, the company's stock price stands at ₹788. Over the years, it has seen significant fluctuations, with its price ranging from ₹1,151 / 593, a reflection of its sensitivity to market conditions and investor sentiment. The stock's Price-to-Earnings (P/E) ratio, currently at 36.0, suggests that it is highly valued in comparison to its earnings, possibly indicating strong future growth expectations or a high level of investor confidence. The book value per share is ₹132, which represents the net asset value of the company per share. The dividend yield of 0.25% provides some return to investors, though it may not be the primary attraction for those investing in the stock. The company's Return on Capital Employed (ROCE) is 17.1%, pointing to efficient use of its capital base to generate profits. The Return on Equity (ROE), at 17.6%, highlights the profitability for shareholders. The company's financial health is further underscored by its very low debt-to-equity ratio of 0.88, signaling conservative financial management. However, the net cash flow is negative at ₹4.65 crore, indicating possible liquidity concerns or heavy investment. The Piotroski score of 4.00 provides a snapshot of its financial stability, while the Graham Number, estimated at ₹262, offers an intrinsic value benchmark. With a Price-to-Book (P/B) ratio of 5.96, the stock seems to be trading at a premium relative to its book value, which could signal strong market expectations or overvaluation risks.