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Highlights
- Sales over the Year and quarter: The company’s sales declined by -8.89 % over the year, substantial increase in net sales/revenue by 24.82 %.
- 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 349.31 %. Marginal decrease of -29.86% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Cheviot Co.Ltd.. Notable increase of 8.9 % in net profit Year to Year, Cheviot Co.Ltd.’s profitability dropped by -16.66 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 8.91 % Year to Year. EPS decreased by -16.66 % 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. 134.828 Cr | Rs. 98.412 Cr | Rs. 122.84 Cr | + 24.82 % | -8.89 % |
Expenses | Rs. 117.44 Cr | Rs. 89.17 Cr | Rs. 112.36 Cr | + 26.01 % | -4.33 % |
Operating Profit | Rs. 17.39 Cr | Rs. 9.24 Cr | Rs. 10.48 Cr | + 13.42 % | -39.74 % |
OPM % | 12.9 % | 9.39 % | 8.53 % | -0.86 % | -4.37 % |
Other Income | Rs. 2.17 Cr | Rs. 13.9 Cr | Rs. 9.75 Cr | -29.86 % | + 349.31 % |
Interest | Rs. 0.12 Cr | Rs. 0.18 Cr | Rs. 0.07 Cr | -61.11 % | -41.67 % |
Depreciation | Rs. 1.2 Cr | Rs. 1.6 Cr | Rs. 1.65 Cr | + 3.12 % | + 37.5 % |
Profit before tax | Rs. 18.24 Cr | Rs. 21.36 Cr | Rs. 18.51 Cr | -13.34 % | + 1.48 % |
Tax % | 24.85 % | 16.1 % | 19.3 % | + 3.2 % | -5.55 % |
Net Profit | Rs. 13.71 Cr | Rs. 17.92 Cr | Rs. 14.93 Cr | -16.69 % | + 8.9 % |
EPS in Rs | Rs. 22.79 | Rs. 29.78 | Rs. 24.82 | -16.66 % | + 8.91 % |
Today, we’re looking at Cheviot Co.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 -8.89 %. However, it did see a marginal increase of 24.82 % from the previous quarter. Expenses ticked up slightly by 26.01 % quarter-on-quarter, aligning with the annual decline of -4.33 %. Operating profit, while down -39.74 % compared to last year, faced a quarter-on-quarter increase of 13.42 %, 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 -4.37 %, but a shrinkage of -0.86 % sequentially. Other income fell by -29.86 % compared to the last quarter, despite an annual growth of 349.31 %. Interest expenses dropped significantly by -61.11 % from the previous quarter, yet the year-over-year decrease remains at a moderate -41.67 %. Depreciation costs climbed by 3.12 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 37.5 %. Profit before tax grew annually by 1.48 % but saw a reduction from the preceding quarter by -13.34 %.
Tax expenses as a percentage of profits decreased slightly by -5.55 % compared to last year, with a more notable quarter-on-quarter increase of 3.2 %. Net profit rose by 8.9 % year-on-year but witnessed a -16.69 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 8.91 % but a quarterly fall of -16.66 %. In summary, Cheviot Co.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. 134.828 Cr | Rs. 98.412 Cr | Rs. 122.84 Cr | + 24.82 % | -8.89 % |
Expenses | Rs. 117.44 Cr | Rs. 89.17 Cr | Rs. 112.36 Cr | + 26.01 % | -4.33 % |
Operating Profit | Rs. 17.39 Cr | Rs. 9.24 Cr | Rs. 10.48 Cr | + 13.42 % | -39.74 % |
Net Profit | Rs. 13.71 Cr | Rs. 17.92 Cr | Rs. 14.93 Cr | -16.69 % | + 8.9 % |
EPS in Rs | Rs. 22.79 | Rs. 29.78 | Rs. 24.82 | -16.66 % | + 8.91 % |
In reviewing Cheviot Co.Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -8.89 % year-on-year, however, there was a minor increase of 24.82 % from the previous quarter. Expenses decreased by -4.33 % compared to the previous year, with a 26.01 % increase quarter-on-quarter. Operating Profit dropped by -39.74 % annually, and saw a 13.42 % increase from the last quarter.
Net Profit showed yearly increase of 8.9 %, and experienced a -16.69 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 8.91 % annually, however dipped by -16.66 % compared to the last quarter. In essence, while Cheviot Co.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.