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Highlights
- Sales over the Year and quarter: The company’s sales declined by -0.83 % over the year, substantial increase in net sales/revenue by 4.02 %.
- 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 0.84 %. Marginal increase in other income during this quarter, up by 137.17%.
- Profit over the Year and quarter: Significant improvement in profitability for Century Enka Limited. Notable increase of 39.89 % in net profit Year to Year, Century Enka Limited’s profitability increased by 334.05 % in this quarter.
- EPS over the Year and quarter: EPS increased by 39.97 % Year to Year. EPS increased by 333.64 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 472.62 Cr | Rs. 450.57 Cr | Rs. 468.68 Cr | + 4.02 % | -0.83 % |
| Expenses | Rs. 449.97 Cr | Rs. 432.29 Cr | Rs. 434.91 Cr | + 0.61 % | -3.35 % |
| Operating Profit | Rs. 22.65 Cr | Rs. 18.28 Cr | Rs. 33.77 Cr | + 84.74 % | + 49.09 % |
| OPM % | 4.79 % | 4.06 % | 7.21 % | + 3.15 % | + 2.42 % |
| Other Income | Rs. 7.15 Cr | Rs. 3.04 Cr | Rs. 7.21 Cr | + 137.17 % | + 0.84 % |
| Interest | Rs. 1.25 Cr | Rs. 1.56 Cr | Rs. 1.34 Cr | -14.1 % | + 7.2 % |
| Depreciation | Rs. 11.66 Cr | Rs. 12.66 Cr | Rs. 13.07 Cr | + 3.24 % | + 12.09 % |
| Profit before tax | Rs. 16.89 Cr | Rs. 7.1 Cr | Rs. 26.57 Cr | + 274.23 % | + 57.31 % |
| Tax % | 14.19 % | 24.67 % | 23.72 % | -0.95 % | + 9.53 % |
| Net Profit | Rs. 14.49 Cr | Rs. 4.67 Cr | Rs. 20.27 Cr | + 334.05 % | + 39.89 % |
| EPS in Rs | Rs. 6.63 | Rs. 2.14 | Rs. 9.28 | + 333.64 % | + 39.97 % |
Today, we’re looking at Century Enka Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -0.83 %. However, it did see a marginal increase of 4.02 % from the previous quarter. Expenses ticked up slightly by 0.61 % quarter-on-quarter, aligning with the annual decline of -3.35 %. Operating profit, while up 49.09 % compared to last year, faced a quarter-on-quarter increase of 84.74 %, 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 2.42 %, but an expansion of 3.15 % sequentially. Other income rose by 137.17 % compared to the last quarter, despite an annual growth of 0.84 %. Interest expenses dropped significantly by -14.1 % from the previous quarter, yet the year-over-year increase remains at a moderate 7.2 %. Depreciation costs climbed by 3.24 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 12.09 %. Profit before tax grew annually by 57.31 % but saw an increase from the preceding quarter by 274.23 %.
Tax expenses as a percentage of profits increased slightly by 9.53 % compared to last year, with a more notable quarter-on-quarter decrease of -0.95 %. Net profit rose by 39.89 % year-on-year but experienced a 334.05 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 39.97 % but a quarterly rise of 333.64 %. In summary, Century Enka 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. 472.62 Cr | Rs. 450.57 Cr | Rs. 468.68 Cr | + 4.02 % | -0.83 % |
| Expenses | Rs. 449.97 Cr | Rs. 432.29 Cr | Rs. 434.91 Cr | + 0.61 % | -3.35 % |
| Operating Profit | Rs. 22.65 Cr | Rs. 18.28 Cr | Rs. 33.77 Cr | + 84.74 % | + 49.09 % |
| Net Profit | Rs. 14.49 Cr | Rs. 4.67 Cr | Rs. 20.27 Cr | + 334.05 % | + 39.89 % |
| EPS in Rs | Rs. 6.63 | Rs. 2.14 | Rs. 9.28 | + 333.64 % | + 39.97 % |
In reviewing Century Enka Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -0.83 % year-on-year, however, there was a minor increase of 4.02 % from the previous quarter. Expenses decreased by -3.35 % compared to the previous year, with a 0.61 % increase quarter-on-quarter. Operating Profit surged by 49.09 % annually, and saw a 84.74 % increase from the last quarter.
Net Profit showed yearly increase of 39.89 %, and experienced a 334.05 % increase from the previous quarter. Earnings Per Share (EPS) rose by 39.97 % annually, however rose by 333.64 % compared to the last quarter. In essence, while Century Enka Limited 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.
