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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 0.28 % in the past year, substantial increase in net sales/revenue by 5.82 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -80.16 %, Marginal decrease of -3.85% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for DUROPLY INDUSTRIES LIMITED. Profit dropped by -154.65 % Year to Year, DUROPLY INDUSTRIES LIMITED’s profitability dropped by -496.78 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -145.98 % Year to Year. EPS decreased by -486.49 % 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. 84.22 Cr | Rs. 79.816 Cr | Rs. 84.458 Cr | + 5.82 % | + 0.28 % |
Expenses | Rs. 79.42 Cr | Rs. 76.76 Cr | Rs. 83.26 Cr | + 8.47 % | + 4.84 % |
Operating Profit | Rs. 4.8 Cr | Rs. 3.06 Cr | Rs. 1.2 Cr | -60.78 % | -75 % |
OPM % | 5.7 % | 3.83 % | 1.42 % | -2.41 % | -4.28 % |
Other Income | Rs. 1.26 Cr | Rs. 0.26 Cr | Rs. 0.25 Cr | -3.85 % | -80.16 % |
Interest | Rs. 1.74 Cr | Rs. 1.87 Cr | Rs. 2.69 Cr | + 43.85 % | + 54.6 % |
Depreciation | Rs. 0.85 Cr | Rs. 0.91 Cr | Rs. 1.02 Cr | + 12.09 % | + 20 % |
Profit before tax | Rs. 3.47 Cr | Rs. 0.54 Cr | Rs. -2.26 Cr | -518.52 % | -165.13 % |
Tax % | 34.87 % | 41.32 % | -45.42 % | -86.74 % | -80.29 % |
Net Profit | Rs. 2.26 Cr | Rs. 0.31 Cr | Rs. -1.23 Cr | -496.77 % | -154.42 % |
EPS in Rs | Rs. 3 | Rs. 0.37 | Rs. -1.42 | -483.78 % | -147.33 % |
Today, we’re looking at DUROPLY INDUSTRIES LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 0.28 %. However, it did see a marginal increase of 5.82 % from the previous quarter. Expenses ticked up slightly by 8.47 % quarter-on-quarter, aligning with the annual rise of 4.84 %. Operating profit, while down -75 % compared to last year, faced a quarter-on-quarter dip of -60.78 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -4.28 %, but a shrinkage of -2.41 % sequentially. Other income fell by -3.85 % compared to the last quarter, despite an annual decline of -80.16 %. Interest expenses surged remarkably by 43.85 % from the previous quarter, yet the year-over-year increase remains at a moderate 54.6 %. Depreciation costs climbed by 12.09 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 20 %. Profit before tax declined annually by -165.13 % but saw a reduction from the preceding quarter by -518.52 %.
Tax expenses as a percentage of profits decreased slightly by -80.29 % compared to last year, with a more notable quarter-on-quarter decrease of -86.74 %. Net profit fell by -154.42 % year-on-year but witnessed a -496.77 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -147.33 % but a quarterly fall of -483.78 %. In summary, DUROPLY INDUSTRIES 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. 84.22 Cr | Rs. 79.816 Cr | Rs. 84.458 Cr | + 5.82 % | + 0.28 % |
Expenses | Rs. 79.42 Cr | Rs. 76.76 Cr | Rs. 83.26 Cr | + 8.47 % | + 4.84 % |
Operating Profit | Rs. 4.8 Cr | Rs. 3.06 Cr | Rs. 1.2 Cr | -60.78 % | -75 % |
Net Profit | Rs. 2.26 Cr | Rs. 0.31 Cr | Rs. -1.23 Cr | -496.77 % | -154.42 % |
EPS in Rs | Rs. 3 | Rs. 0.37 | Rs. -1.42 | -483.78 % | -147.33 % |
In reviewing DUROPLY INDUSTRIES LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0.28 % year-on-year growth, however, there was a minor increase of 5.82 % from the previous quarter. Expenses rose by 4.84 % compared to the previous year, with a 8.47 % increase quarter-on-quarter. Operating Profit dropped by -75 % annually, and saw a -60.78 % decrease from the last quarter.
Net Profit showed yearly decrease of -154.42 %, and experienced a -496.77 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -147.33 % annually, however dipped by -483.78 % compared to the last quarter. In essence, while DUROPLY INDUSTRIES LIMITED faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.