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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 9.87 % in the past year, substantial increase in net sales/revenue by 13.16 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -51.12 %, Marginal decrease of -15.79% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Century Plyboards (India) Ltd.. Profit dropped by -31.57 % Year to Year, Century Plyboards (India) Ltd.’s profitability increased by 25.14 % in this quarter.
- EPS over the Year and quarter: EPS declined by -30.62 % Year to Year. EPS increased by 26.06 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 965.447 Cr | Rs. 937.398 Cr | Rs. 1060.718 Cr | + 13.16 % | + 9.87 % |
Expenses | Rs. 801.63 Cr | Rs. 831.32 Cr | Rs. 923.44 Cr | + 11.08 % | + 15.2 % |
Operating Profit | Rs. 163.82 Cr | Rs. 106.08 Cr | Rs. 137.28 Cr | + 29.41 % | -16.2 % |
OPM % | 16.97 % | 11.32 % | 12.94 % | + 1.62 % | -4.03 % |
Other Income | Rs. 16.04 Cr | Rs. 9.31 Cr | Rs. 7.84 Cr | -15.79 % | -51.12 % |
Interest | Rs. 4.48 Cr | Rs. 8.32 Cr | Rs. 10.21 Cr | + 22.72 % | + 127.9 % |
Depreciation | Rs. 20.02 Cr | Rs. 22.91 Cr | Rs. 25.38 Cr | + 10.78 % | + 26.77 % |
Profit before tax | Rs. 155.36 Cr | Rs. 84.16 Cr | Rs. 109.53 Cr | + 30.14 % | -29.5 % |
Tax % | 26.24 % | 25.54 % | 28.4 % | + 2.86 % | + 2.16 % |
Net Profit | Rs. 114.6 Cr | Rs. 62.66 Cr | Rs. 78.42 Cr | + 25.15 % | -31.57 % |
EPS in Rs | Rs. 5.16 | Rs. 2.84 | Rs. 3.58 | + 26.06 % | -30.62 % |
Today, we’re looking at Century Plyboards (India) 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 9.87 %. However, it did see a marginal increase of 13.16 % from the previous quarter. Expenses ticked up slightly by 11.08 % quarter-on-quarter, aligning with the annual rise of 15.2 %. Operating profit, while down -16.2 % compared to last year, faced a quarter-on-quarter increase of 29.41 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -4.03 %, but an expansion of 1.62 % sequentially. Other income fell by -15.79 % compared to the last quarter, despite an annual decline of -51.12 %. Interest expenses surged remarkably by 22.72 % from the previous quarter, yet the year-over-year increase remains at a moderate 127.9 %. Depreciation costs climbed by 10.78 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 26.77 %. Profit before tax declined annually by -29.5 % but saw an increase from the preceding quarter by 30.14 %.
Tax expenses as a percentage of profits increased slightly by 2.16 % compared to last year, with a more notable quarter-on-quarter increase of 2.86 %. Net profit fell by -31.57 % year-on-year but experienced a 25.15 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -30.62 % but a quarterly rise of 26.06 %. In summary, Century Plyboards (India) 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. 965.447 Cr | Rs. 937.398 Cr | Rs. 1060.718 Cr | + 13.16 % | + 9.87 % |
Expenses | Rs. 801.63 Cr | Rs. 831.32 Cr | Rs. 923.44 Cr | + 11.08 % | + 15.2 % |
Operating Profit | Rs. 163.82 Cr | Rs. 106.08 Cr | Rs. 137.28 Cr | + 29.41 % | -16.2 % |
Net Profit | Rs. 114.6 Cr | Rs. 62.66 Cr | Rs. 78.42 Cr | + 25.15 % | -31.57 % |
EPS in Rs | Rs. 5.16 | Rs. 2.84 | Rs. 3.58 | + 26.06 % | -30.62 % |
In reviewing Century Plyboards (India) Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 9.87 % year-on-year growth, however, there was a minor increase of 13.16 % from the previous quarter. Expenses rose by 15.2 % compared to the previous year, with a 11.08 % increase quarter-on-quarter. Operating Profit dropped by -16.2 % annually, and saw a 29.41 % increase from the last quarter.
Net Profit showed yearly decrease of -31.57 %, and experienced a 25.15 % increase from the previous quarter. Earnings Per Share (EPS) fell by -30.62 % annually, however rose by 26.06 % compared to the last quarter. In essence, while Century Plyboards (India) Ltd. faces strong annual decline 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.