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Caplin Point Laboratories announced Financial Results Q1 2024

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Highlights

  • The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: The company experienced a substantial growth of 16.1 % in the past year, substantial increase in net sales/revenue by 1.27 %.
  • 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 54.15 %. Marginal increase in other income during this quarter, up by 6.97%.
  • Profit over the Year and quarter: Significant improvement in profitability for Caplin Point Laboratories Ltd.. Notable increase of 19.85 % in net profit Year to Year, Caplin Point Laboratories Ltd.’s profitability increased by 3.04 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 19.82 % Year to Year. EPS increased by 1.94 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Caplin Point Laboratories 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. 395.32 Cr Rs. 453.22 Cr Rs. 458.96 Cr + 1.27 % + 16.1 %
Expenses Rs. 268.71 Cr Rs. 307.99 Cr Rs. 307.15 Cr -0.27 % + 14.31 %
Operating Profit Rs. 126.61 Cr Rs. 145.23 Cr Rs. 151.81 Cr + 4.53 % + 19.9 %
OPM % 32.03 % 32.04 % 33.08 % + 1.04 % + 1.05 %
Other Income Rs. 12.04 Cr Rs. 17.35 Cr Rs. 18.56 Cr + 6.97 % + 54.15 %
Interest Rs. 0.28 Cr Rs. 0.15 Cr Rs. 0.05 Cr -66.67 % -82.14 %
Depreciation Rs. 11.38 Cr Rs. 16.4 Cr Rs. 15.96 Cr -2.68 % + 40.25 %
Profit before tax Rs. 126.99 Cr Rs. 146.03 Cr Rs. 154.36 Cr + 5.7 % + 21.55 %
Tax % 17.92 % 16.98 % 19.09 % + 2.11 % + 1.17 %
Net Profit Rs. 104.23 Cr Rs. 121.23 Cr Rs. 124.92 Cr + 3.04 % + 19.85 %
EPS in Rs Rs. 13.55 Rs. 15.9 Rs. 16.24 + 2.14 % + 19.85 %


Today, we’re looking at Caplin Point Laboratories Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 16.1 %. However, it did see a marginal increase of 1.27 % from the previous quarter. Expenses decreased slightly by -0.27 % quarter-on-quarter, aligning with the annual rise of 14.31 %. Operating profit, while up 19.9 % compared to last year, faced a quarter-on-quarter increase of 4.53 %, 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 1.05 %, but an expansion of 1.04 % sequentially. Other income rose by 6.97 % compared to the last quarter, despite an annual growth of 54.15 %. Interest expenses dropped significantly by -66.67 % from the previous quarter, yet the year-over-year decrease remains at a moderate -82.14 %. Depreciation costs fell by -2.68 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 40.25 %. Profit before tax grew annually by 21.55 % but saw an increase from the preceding quarter by 5.7 %.
Tax expenses as a percentage of profits increased slightly by 1.17 % compared to last year, with a more notable quarter-on-quarter increase of 2.11 %. Net profit rose by 19.85 % year-on-year but experienced a 3.04 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 19.85 % but a quarterly rise of 2.14 %. In summary, Caplin Point Laboratories 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. 395.32 Cr Rs. 453.22 Cr Rs. 458.96 Cr + 1.27 % + 16.1 %
Expenses Rs. 268.71 Cr Rs. 307.99 Cr Rs. 307.15 Cr -0.27 % + 14.31 %
Operating Profit Rs. 126.61 Cr Rs. 145.23 Cr Rs. 151.81 Cr + 4.53 % + 19.9 %
Net Profit Rs. 104.23 Cr Rs. 121.23 Cr Rs. 124.92 Cr + 3.04 % + 19.85 %
EPS in Rs Rs. 13.55 Rs. 15.9 Rs. 16.24 + 2.14 % + 19.85 %


In reviewing Caplin Point Laboratories Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 16.1 % year-on-year growth, however, there was a minor increase of 1.27 % from the previous quarter. Expenses rose by 14.31 % compared to the previous year, with a decrease of -0.27 % quarter-on-quarter. Operating Profit surged by 19.9 % annually, and saw a 4.53 % increase from the last quarter.
Net Profit showed yearly increase of 19.85 %, and experienced a 3.04 % increase from the previous quarter. Earnings Per Share (EPS) rose by 19.85 % annually, however rose by 2.14 % compared to the last quarter. In essence, while Caplin Point Laboratories 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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