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Highlights
- Sales over the Year and quarter: The company’s sales declined by -6.86 % over the year, substantial increase in net sales/revenue by 9.35 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -59.68 %, Marginal decrease of -50.98% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Camex Ltd.. Notable increase of 151.54 % in net profit Year to Year, Camex Ltd.’s profitability increased by 33.45 % in this quarter.
- EPS over the Year and quarter: EPS increased by 141.94 % Year to Year. EPS increased by 31.58 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 40.358 Cr | Rs. 34.374 Cr | Rs. 37.588 Cr | + 9.35 % | -6.86 % |
Expenses | Rs. 39.86 Cr | Rs. 33.15 Cr | Rs. 35.49 Cr | + 7.06 % | -10.96 % |
Operating Profit | Rs. 0.5 Cr | Rs. 1.22 Cr | Rs. 2.1 Cr | + 72.13 % | + 320 % |
OPM % | 1.24 % | 3.55 % | 5.59 % | + 2.04 % | + 4.35 % |
Other Income | Rs. 0.62 Cr | Rs. 0.51 Cr | Rs. 0.25 Cr | -50.98 % | -59.68 % |
Interest | Rs. 0.23 Cr | Rs. 0.12 Cr | Rs. 0.18 Cr | + 50 % | -21.74 % |
Depreciation | Rs. 0.08 Cr | Rs. 0.08 Cr | Rs. 0.08 Cr | + 0 % | + 0 % |
Profit before tax | Rs. 0.81 Cr | Rs. 1.53 Cr | Rs. 2.09 Cr | + 36.6 % | + 158.02 % |
Tax % | 24.39 % | 24.58 % | 25.81 % | + 1.23 % | + 1.42 % |
Net Profit | Rs. 0.62 Cr | Rs. 1.16 Cr | Rs. 1.55 Cr | + 33.62 % | + 150 % |
EPS in Rs | Rs. 0.62 | Rs. 1.14 | Rs. 1.5 | + 31.58 % | + 141.94 % |
Today, we’re looking at Camex Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -6.86 %. However, it did see a marginal increase of 9.35 % from the previous quarter. Expenses ticked up slightly by 7.06 % quarter-on-quarter, aligning with the annual decline of -10.96 %. Operating profit, while up 320 % compared to last year, faced a quarter-on-quarter increase of 72.13 %, 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 4.35 %, but an expansion of 2.04 % sequentially. Other income fell by -50.98 % compared to the last quarter, despite an annual decline of -59.68 %. Interest expenses surged remarkably by 50 % from the previous quarter, yet the year-over-year decrease remains at a moderate -21.74 %. 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 158.02 % but saw an increase from the preceding quarter by 36.6 %.
Tax expenses as a percentage of profits increased slightly by 1.42 % compared to last year, with a more notable quarter-on-quarter increase of 1.23 %. Net profit rose by 150 % year-on-year but experienced a 33.62 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 141.94 % but a quarterly rise of 31.58 %. In summary, Camex 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. 40.358 Cr | Rs. 34.374 Cr | Rs. 37.588 Cr | + 9.35 % | -6.86 % |
Expenses | Rs. 39.86 Cr | Rs. 33.15 Cr | Rs. 35.49 Cr | + 7.06 % | -10.96 % |
Operating Profit | Rs. 0.5 Cr | Rs. 1.22 Cr | Rs. 2.1 Cr | + 72.13 % | + 320 % |
Net Profit | Rs. 0.62 Cr | Rs. 1.16 Cr | Rs. 1.55 Cr | + 33.62 % | + 150 % |
EPS in Rs | Rs. 0.62 | Rs. 1.14 | Rs. 1.5 | + 31.58 % | + 141.94 % |
In reviewing Camex Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -6.86 % year-on-year, however, there was a minor increase of 9.35 % from the previous quarter. Expenses decreased by -10.96 % compared to the previous year, with a 7.06 % increase quarter-on-quarter. Operating Profit surged by 320 % annually, and saw a 72.13 % increase from the last quarter.
Net Profit showed yearly increase of 150 %, and experienced a 33.62 % increase from the previous quarter. Earnings Per Share (EPS) rose by 141.94 % annually, however rose by 31.58 % compared to the last quarter. In essence, while Camex 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.