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ITD Cementation India : Q4 2024 Financial Quarterly Report : YoY Sales Up 41.55 %, QoQ Up 16.38 %

May 30, 2024May 30, 2024| adminadmin| 0 Comments| 6:00 pm
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 41.55 % in the past year, substantial increase in net sales/revenue by 16.38 %.
  • 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 233.22 %. Marginal increase in other income during this quarter, up by 75.82%.
  • Profit over the Year and quarter: Significant improvement in profitability for ITD Cementation India Ltd. Notable increase of 136.87 % in net profit Year to Year, ITD Cementation India Ltd’s profitability increased by 14.19 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 136.82 % Year to Year. EPS increased by 14.25 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of ITD Cementation India Ltd”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 1580.203 Cr Rs. 1922.003 Cr Rs. 2236.786 Cr + 16.38 % + 41.55 %
Expenses Rs. 1440.81 Cr Rs. 1717.85 Cr Rs. 2017.17 Cr + 17.42 % + 40 %
Operating Profit Rs. 139.39 Cr Rs. 204.15 Cr Rs. 219.62 Cr + 7.58 % + 57.56 %
OPM % 8.82 % 10.62 % 9.82 % -0.8 % + 1 %
Other Income Rs. 6.11 Cr Rs. 11.58 Cr Rs. 20.36 Cr + 75.82 % + 233.22 %
Interest Rs. 49.99 Cr Rs. 57.39 Cr Rs. 57.38 Cr -0.02 % + 14.78 %
Depreciation Rs. 29.13 Cr Rs. 55.12 Cr Rs. 53.59 Cr -2.78 % + 83.97 %
Profit before tax Rs. 66.38 Cr Rs. 103.22 Cr Rs. 129.01 Cr + 24.99 % + 94.35 %
Tax % 43.07 % 24.06 % 30.61 % + 6.55 % -12.46 %
Net Profit Rs. 37.79 Cr Rs. 78.39 Cr Rs. 89.52 Cr + 14.2 % + 136.89 %
EPS in Rs Rs. 2.2 Rs. 4.56 Rs. 5.21 + 14.25 % + 136.82 %


Today, we’re looking at ITD Cementation India 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 41.55 %. However, it did see a marginal increase of 16.38 % from the previous quarter. Expenses ticked up slightly by 17.42 % quarter-on-quarter, aligning with the annual rise of 40 %. Operating profit, while up 57.56 % compared to last year, faced a quarter-on-quarter increase of 7.58 %, 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 1 %, but a shrinkage of -0.8 % sequentially. Other income rose by 75.82 % compared to the last quarter, despite an annual growth of 233.22 %. Interest expenses dropped significantly by -0.02 % from the previous quarter, yet the year-over-year increase remains at a moderate 14.78 %. Depreciation costs fell by -2.78 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 83.97 %. Profit before tax grew annually by 94.35 % but saw an increase from the preceding quarter by 24.99 %.
Tax expenses as a percentage of profits decreased slightly by -12.46 % compared to last year, with a more notable quarter-on-quarter increase of 6.55 %. Net profit rose by 136.89 % year-on-year but experienced a 14.2 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 136.82 % but a quarterly rise of 14.25 %. In summary, ITD Cementation India 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. 1580.203 Cr Rs. 1922.003 Cr Rs. 2236.786 Cr + 16.38 % + 41.55 %
Expenses Rs. 1440.81 Cr Rs. 1717.85 Cr Rs. 2017.17 Cr + 17.42 % + 40 %
Operating Profit Rs. 139.39 Cr Rs. 204.15 Cr Rs. 219.62 Cr + 7.58 % + 57.56 %
Net Profit Rs. 37.79 Cr Rs. 78.39 Cr Rs. 89.52 Cr + 14.2 % + 136.89 %
EPS in Rs Rs. 2.2 Rs. 4.56 Rs. 5.21 + 14.25 % + 136.82 %


In reviewing ITD Cementation India Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 41.55 % year-on-year growth, however, there was a minor increase of 16.38 % from the previous quarter. Expenses rose by 40 % compared to the previous year, with a 17.42 % increase quarter-on-quarter. Operating Profit surged by 57.56 % annually, and saw a 7.58 % increase from the last quarter.
Net Profit showed yearly increase of 136.89 %, and experienced a 14.2 % increase from the previous quarter. Earnings Per Share (EPS) rose by 136.82 % annually, however rose by 14.25 % compared to the last quarter. In essence, while ITD Cementation India 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.

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