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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.
