Share the post "Natco Pharma : Q4 2024 Financial Quarterly Report : YoY Sales Up 18.98 %, QoQ Up 40.83 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 18.98 % in the past year, substantial increase in net sales/revenue by 40.83 %.
- 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 44.83 %. Marginal increase in other income during this quarter, up by 13.51%.
- Profit over the Year and quarter: Significant improvement in profitability for Natco Pharma Ltd.. Notable increase of 40.07 % in net profit Year to Year, Natco Pharma Ltd.’s profitability increased by 81.62 % in this quarter.
- EPS over the Year and quarter: EPS increased by 42.69 % Year to Year. EPS increased by 81.48 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 897.9 Cr | Rs. 758.6 Cr | Rs. 1068.3 Cr | + 40.83 % | + 18.98 % |
Expenses | Rs. 558.8 Cr | Rs. 490.5 Cr | Rs. 571 Cr | + 16.41 % | + 2.18 % |
Operating Profit | Rs. 339.1 Cr | Rs. 268.1 Cr | Rs. 497.3 Cr | + 85.49 % | + 46.65 % |
OPM % | 37.77 % | 35.34 % | 46.55 % | + 11.21 % | + 8.78 % |
Other Income | Rs. 29 Cr | Rs. 37 Cr | Rs. 42 Cr | + 13.51 % | + 44.83 % |
Interest | Rs. 2.7 Cr | Rs. 4.6 Cr | Rs. 6.2 Cr | + 34.78 % | + 129.63 % |
Depreciation | Rs. 41 Cr | Rs. 44.2 Cr | Rs. 55.5 Cr | + 25.57 % | + 35.37 % |
Profit before tax | Rs. 324.4 Cr | Rs. 256.3 Cr | Rs. 477.6 Cr | + 86.34 % | + 47.23 % |
Tax % | 14.98 % | 17.01 % | 19.12 % | + 2.11 % | + 4.14 % |
Net Profit | Rs. 275.8 Cr | Rs. 212.7 Cr | Rs. 386.3 Cr | + 81.62 % | + 40.07 % |
EPS in Rs | Rs. 15.11 | Rs. 11.88 | Rs. 21.56 | + 81.48 % | + 42.69 % |
Today, we’re looking at Natco Pharma Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 18.98 %. However, it did see a marginal increase of 40.83 % from the previous quarter. Expenses ticked up slightly by 16.41 % quarter-on-quarter, aligning with the annual rise of 2.18 %. Operating profit, while up 46.65 % compared to last year, faced a quarter-on-quarter increase of 85.49 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 8.78 %, but an expansion of 11.21 % sequentially. Other income rose by 13.51 % compared to the last quarter, despite an annual growth of 44.83 %. Interest expenses surged remarkably by 34.78 % from the previous quarter, yet the year-over-year increase remains at a moderate 129.63 %. Depreciation costs climbed by 25.57 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 35.37 %. Profit before tax grew annually by 47.23 % but saw an increase from the preceding quarter by 86.34 %.
Tax expenses as a percentage of profits increased slightly by 4.14 % compared to last year, with a more notable quarter-on-quarter increase of 2.11 %. Net profit rose by 40.07 % year-on-year but experienced a 81.62 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 42.69 % but a quarterly rise of 81.48 %. In summary, Natco Pharma Ltd.’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. 897.9 Cr | Rs. 758.6 Cr | Rs. 1068.3 Cr | + 40.83 % | + 18.98 % |
Expenses | Rs. 558.8 Cr | Rs. 490.5 Cr | Rs. 571 Cr | + 16.41 % | + 2.18 % |
Operating Profit | Rs. 339.1 Cr | Rs. 268.1 Cr | Rs. 497.3 Cr | + 85.49 % | + 46.65 % |
Net Profit | Rs. 275.8 Cr | Rs. 212.7 Cr | Rs. 386.3 Cr | + 81.62 % | + 40.07 % |
EPS in Rs | Rs. 15.11 | Rs. 11.88 | Rs. 21.56 | + 81.48 % | + 42.69 % |
In reviewing Natco Pharma Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 18.98 % year-on-year growth, however, there was a minor increase of 40.83 % from the previous quarter. Expenses rose by 2.18 % compared to the previous year, with a 16.41 % increase quarter-on-quarter. Operating Profit surged by 46.65 % annually, and saw a 85.49 % increase from the last quarter.
Net Profit showed yearly increase of 40.07 %, and experienced a 81.62 % increase from the previous quarter. Earnings Per Share (EPS) rose by 42.69 % annually, however rose by 81.48 % compared to the last quarter. In essence, while Natco Pharma Ltd. 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.