Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 0.13 % in the past year, substantial increase in net sales/revenue by 4.32 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -27.42 %, Marginal increase in other income during this quarter, up by 4.2%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Carborundum Universal Ltd.,. Profit dropped by -4.19 % Year to Year, Carborundum Universal Ltd.,’s profitability increased by 27.31 % in this quarter.
- EPS over the Year and quarter: EPS declined by -1.66 % Year to Year. EPS increased by 21.16 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1199.62 Cr | Rs. 1151.44 Cr | Rs. 1201.19 Cr | + 4.32 % | + 0.13 % |
Expenses | Rs. 1009.29 Cr | Rs. 958.97 Cr | Rs. 991.76 Cr | + 3.42 % | -1.74 % |
Operating Profit | Rs. 190.33 Cr | Rs. 192.47 Cr | Rs. 209.43 Cr | + 8.81 % | + 10.04 % |
OPM % | 15.87 % | 16.72 % | 17.44 % | + 0.72 % | + 1.57 % |
Other Income | Rs. 34.21 Cr | Rs. 23.83 Cr | Rs. 24.83 Cr | + 4.2 % | -27.42 % |
Interest | Rs. 7.2 Cr | Rs. 4.72 Cr | Rs. 3.59 Cr | -23.94 % | -50.14 % |
Depreciation | Rs. 52.69 Cr | Rs. 48.16 Cr | Rs. 50.99 Cr | + 5.88 % | -3.23 % |
Profit before tax | Rs. 164.65 Cr | Rs. 163.42 Cr | Rs. 179.68 Cr | + 9.95 % | + 9.13 % |
Tax % | 23.28 % | 33.59 % | 22.18 % | -11.41 % | -1.1 % |
Net Profit | Rs. 148.79 Cr | Rs. 111.98 Cr | Rs. 142.56 Cr | + 27.31 % | -4.19 % |
EPS in Rs | Rs. 7.22 | Rs. 5.86 | Rs. 7.1 | + 21.16 % | -1.66 % |
Today, we’re looking at Carborundum Universal 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 0.13 %. However, it did see a marginal increase of 4.32 % from the previous quarter. Expenses ticked up slightly by 3.42 % quarter-on-quarter, aligning with the annual decline of -1.74 %. Operating profit, while up 10.04 % compared to last year, faced a quarter-on-quarter increase of 8.81 %, 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 1.57 %, but an expansion of 0.72 % sequentially. Other income rose by 4.2 % compared to the last quarter, despite an annual decline of -27.42 %. Interest expenses dropped significantly by -23.94 % from the previous quarter, yet the year-over-year decrease remains at a moderate -50.14 %. Depreciation costs climbed by 5.88 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -3.23 %. Profit before tax grew annually by 9.13 % but saw an increase from the preceding quarter by 9.95 %.
Tax expenses as a percentage of profits decreased slightly by -1.1 % compared to last year, with a more notable quarter-on-quarter decrease of -11.41 %. Net profit fell by -4.19 % year-on-year but experienced a 27.31 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -1.66 % but a quarterly rise of 21.16 %. In summary, Carborundum Universal 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. 1199.62 Cr | Rs. 1151.44 Cr | Rs. 1201.19 Cr | + 4.32 % | + 0.13 % |
Expenses | Rs. 1009.29 Cr | Rs. 958.97 Cr | Rs. 991.76 Cr | + 3.42 % | -1.74 % |
Operating Profit | Rs. 190.33 Cr | Rs. 192.47 Cr | Rs. 209.43 Cr | + 8.81 % | + 10.04 % |
Net Profit | Rs. 148.79 Cr | Rs. 111.98 Cr | Rs. 142.56 Cr | + 27.31 % | -4.19 % |
EPS in Rs | Rs. 7.22 | Rs. 5.86 | Rs. 7.1 | + 21.16 % | -1.66 % |
In reviewing Carborundum Universal Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0.13 % year-on-year growth, however, there was a minor increase of 4.32 % from the previous quarter. Expenses decreased by -1.74 % compared to the previous year, with a 3.42 % increase quarter-on-quarter. Operating Profit surged by 10.04 % annually, and saw a 8.81 % increase from the last quarter.
Net Profit showed yearly decrease of -4.19 %, and experienced a 27.31 % increase from the previous quarter. Earnings Per Share (EPS) fell by -1.66 % annually, however rose by 21.16 % compared to the last quarter. In essence, while Carborundum Universal 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.