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Highlights
- Sales over the Year and quarter: The company’s sales declined by -7.44 % over the year, decrease in net sales/revenue by -2.7 %.
- 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 0 %. Marginal decrease of -57.14% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Centenial Surgical Suture Ltd.. Notable increase of 34.75 % in net profit Year to Year, Centenial Surgical Suture Ltd.’s profitability dropped by -37.91 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 36.84 % Year to Year. EPS decreased by -38.1 % 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. 13.018 Cr | Rs. 12.384 Cr | Rs. 12.05 Cr | -2.7 % | -7.44 % |
Expenses | Rs. 11.92 Cr | Rs. 11.2 Cr | Rs. 10.55 Cr | -5.8 % | -11.49 % |
Operating Profit | Rs. 1.1 Cr | Rs. 1.18 Cr | Rs. 1.5 Cr | + 27.12 % | + 36.36 % |
OPM % | 8.45 % | 9.53 % | 12.45 % | + 2.92 % | + 4 % |
Other Income | Rs. 0.03 Cr | Rs. 0.07 Cr | Rs. 0.03 Cr | -57.14 % | + 0 % |
Interest | Rs. 0.52 Cr | Rs. 0.51 Cr | Rs. 0.95 Cr | + 86.27 % | + 82.69 % |
Depreciation | Rs. 0.31 Cr | Rs. 0.33 Cr | Rs. 0.44 Cr | + 33.33 % | + 41.94 % |
Profit before tax | Rs. 0.3 Cr | Rs. 0.41 Cr | Rs. 0.14 Cr | -65.85 % | -53.33 % |
Tax % | 52.36 % | 25.12 % | 26.67 % | + 1.55 % | -25.69 % |
Net Profit | Rs. 0.14 Cr | Rs. 0.31 Cr | Rs. 0.19 Cr | -38.71 % | + 35.71 % |
EPS in Rs | Rs. 0.38 | Rs. 0.84 | Rs. 0.52 | -38.1 % | + 36.84 % |
Today, we’re looking at Centenial Surgical Suture 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 -7.44 %. However, it did see a marginal slip of -2.7 % from the previous quarter. Expenses decreased slightly by -5.8 % quarter-on-quarter, aligning with the annual decline of -11.49 %. Operating profit, while up 36.36 % compared to last year, faced a quarter-on-quarter increase of 27.12 %, 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 %, but an expansion of 2.92 % sequentially. Other income fell by -57.14 % compared to the last quarter, despite an annual growth of 0 %. Interest expenses surged remarkably by 86.27 % from the previous quarter, yet the year-over-year increase remains at a moderate 82.69 %. Depreciation costs climbed by 33.33 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 41.94 %. Profit before tax declined annually by -53.33 % but saw a reduction from the preceding quarter by -65.85 %.
Tax expenses as a percentage of profits decreased slightly by -25.69 % compared to last year, with a more notable quarter-on-quarter increase of 1.55 %. Net profit rose by 35.71 % year-on-year but witnessed a -38.71 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 36.84 % but a quarterly fall of -38.1 %. In summary, Centenial Surgical Suture 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. 13.018 Cr | Rs. 12.384 Cr | Rs. 12.05 Cr | -2.7 % | -7.44 % |
Expenses | Rs. 11.92 Cr | Rs. 11.2 Cr | Rs. 10.55 Cr | -5.8 % | -11.49 % |
Operating Profit | Rs. 1.1 Cr | Rs. 1.18 Cr | Rs. 1.5 Cr | + 27.12 % | + 36.36 % |
Net Profit | Rs. 0.14 Cr | Rs. 0.31 Cr | Rs. 0.19 Cr | -38.71 % | + 35.71 % |
EPS in Rs | Rs. 0.38 | Rs. 0.84 | Rs. 0.52 | -38.1 % | + 36.84 % |
In reviewing Centenial Surgical Suture Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -7.44 % year-on-year, although there was a slight dip of -2.7 % from the previous quarter. Expenses decreased by -11.49 % compared to the previous year, with a decrease of -5.8 % quarter-on-quarter. Operating Profit surged by 36.36 % annually, and saw a 27.12 % increase from the last quarter.
Net Profit showed yearly increase of 35.71 %, and experienced a -38.71 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 36.84 % annually, however dipped by -38.1 % compared to the last quarter. In essence, while Centenial Surgical Suture Ltd. exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.