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Highlights
- Sales over the Year and quarter: decrease in net sales/revenue by -48.37 %.
- 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 0 %. Marginal increase in other income during this quarter, up by 0%.
- Profit over the Year and quarter: Challenges in sustaining profitability for NEELKANTH LIMITED. Profit dropped by -137.59 % Year to Year, NEELKANTH LIMITED’s profitability dropped by -58.1 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -136.92 % Year to Year. EPS decreased by -58.62 % 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. 0 Cr | Rs. 1.995 Cr | Rs. 1.03 Cr | -48.37 % | 0 % |
| Expenses | Rs. 0.2 Cr | Rs. 1.73 Cr | Rs. 0.91 Cr | -47.4 % | + 355 % |
| Operating Profit | Rs. -0.2 Cr | Rs. 0.27 Cr | Rs. 0.12 Cr | -55.56 % | + 160 % |
| OPM % | 0 % | 13.53 % | 11.65 % | -1.88 % | + 11.65 % |
| Other Income | Rs. 0.02 Cr | Rs. 0.02 Cr | Rs. 0.02 Cr | + 0 % | + 0 % |
| Interest | Rs. 0.08 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | -87.5 % |
| Depreciation | Rs. 0.03 Cr | Rs. 0.03 Cr | Rs. 0.03 Cr | + 0 % | + 0 % |
| Profit before tax | Rs. -0.29 Cr | Rs. 0.25 Cr | Rs. 0.1 Cr | -60 % | + 134.48 % |
| Tax % | -0 % | 0 % | 0 % | 0 % | 0 % |
| Net Profit | Rs. -0.28 Cr | Rs. 0.25 Cr | Rs. 0.11 Cr | -56 % | + 139.29 % |
| EPS in Rs | Rs. -0.65 | Rs. 0.58 | Rs. 0.24 | -58.62 % | + 136.92 % |
Today, we’re looking at NEELKANTH LIMITED’s financial performance for the Q4(Mar 2024).However, it did see a marginal slip of -48.37 % from the previous quarter. Expenses decreased slightly by -47.4 % quarter-on-quarter, aligning with the annual rise of 355 %. Operating profit, while up 160 % compared to last year, faced a quarter-on-quarter dip of -55.56 %, 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 11.65 %, but a shrinkage of -1.88 % sequentially. Other income rose by 0 % compared to the last quarter, despite an annual growth of 0 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year decrease remains at a moderate -87.5 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 134.48 % but saw a reduction from the preceding quarter by -60 %.
Net profit rose by 139.29 % year-on-year but witnessed a -56 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 136.92 % but a quarterly fall of -58.62 %. In summary, NEELKANTH 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. 0 Cr | Rs. 1.995 Cr | Rs. 1.03 Cr | -48.37 % | 0 % |
| Expenses | Rs. 0.2 Cr | Rs. 1.73 Cr | Rs. 0.91 Cr | -47.4 % | + 355 % |
| Operating Profit | Rs. -0.2 Cr | Rs. 0.27 Cr | Rs. 0.12 Cr | -55.56 % | + 160 % |
| Net Profit | Rs. -0.28 Cr | Rs. 0.25 Cr | Rs. 0.11 Cr | -56 % | + 139.29 % |
| EPS in Rs | Rs. -0.65 | Rs. 0.58 | Rs. 0.24 | -58.62 % | + 136.92 % |
In reviewing NEELKANTH LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.although there was a slight dip of -48.37 % from the previous quarter. Expenses rose by 355 % compared to the previous year, with a decrease of -47.4 % quarter-on-quarter. Operating Profit surged by 160 % annually, and saw a -55.56 % decrease from the last quarter.
Net Profit showed yearly increase of 139.29 %, and experienced a -56 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 136.92 % annually, however dipped by -58.62 % compared to the last quarter. In essence, while NEELKANTH LIMITED exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
100
3-Year Profit
20
5-Year Profit
25
10-Year Profit
50.8
Current Price
22.2
Market Cap
The financial outlook for the company under BSE code 512565 reveals a significant five-year profit of 20 percents. This marks a notable increase to 100 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 200 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 63 percents over the past five years but experiencing a dramatic drop to -12 percents within the last year. Over a decade, the stock price was at 16 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 ₹22.2 crore, the company's stock price stands at ₹50.8. Over the years, it has seen significant fluctuations, with its price ranging from ₹57.2 / 28.2, a reflection of its sensitivity to market conditions and investor sentiment. The stock's Price-to-Earnings (P/E) ratio, currently at 73.8, 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 ₹21.8, which represents the net asset value of the company per share. The dividend yield of 0.00% 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 3.62%, pointing to efficient use of its capital base to generate profits. The Return on Equity (ROE), at 3.18%, highlights the profitability for shareholders. The company's financial health is further underscored by its very low debt-to-equity ratio of 0.05, signaling conservative financial management. However, the net cash flow is negative at ₹-0.08 crore, indicating possible liquidity concerns or heavy investment. The Piotroski score of 6.00 provides a snapshot of its financial stability, while the Graham Number, estimated at ₹18.3, offers an intrinsic value benchmark. With a Price-to-Book (P/B) ratio of 2.33, the stock seems to be trading at a premium relative to its book value, which could signal strong market expectations or overvaluation risks.
