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Cil Securities Ltd.’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 48.33 % in YoY and increased by 6.11 % in QoQ

May 8, 2024May 8, 2024| adminadmin| 0 Comments| 1:05 pm
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 48.33 % in the past year, substantial increase in net sales/revenue by 6.11 %.
  • 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 400 %. Marginal decrease of -62.5% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for Cil Securities Ltd.. Notable increase of 55.39 % in net profit Year to Year, Cil Securities Ltd.’s profitability increased by 8.69 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 54.47 % Year to Year. EPS increased by 8.57 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Cil Securities Ltd.”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 2.003 Cr Rs. 2.8 Cr Rs. 2.971 Cr + 6.11 % + 48.33 %
Expenses Rs. 1.21 Cr Rs. 1.52 Cr Rs. 1.64 Cr + 7.89 % + 35.54 %
Operating Profit Rs. 0.79 Cr Rs. 1.28 Cr Rs. 1.33 Cr + 3.91 % + 68.35 %
OPM % 39.44 % 45.71 % 44.77 % -0.94 % + 5.33 %
Other Income Rs. 0 Cr Rs. 0.01 Cr Rs. 0 Cr 0 % + 0 %
Interest Rs. 0 Cr Rs. 0.09 Cr Rs. 0.04 Cr -55.56 % 0 %
Depreciation Rs. 0.02 Cr Rs. 0.03 Cr Rs. 0.02 Cr -33.33 % + 0 %
Profit before tax Rs. 0.77 Cr Rs. 1.17 Cr Rs. 1.27 Cr + 8.55 % + 64.94 %
Tax % 20.52 % 25.15 % 25.2 % + 0.05 % + 4.68 %
Net Profit Rs. 0.61 Cr Rs. 0.88 Cr Rs. 0.95 Cr + 7.95 % + 55.74 %
EPS in Rs Rs. 1.23 Rs. 1.75 Rs. 1.9 + 8.57 % + 54.47 %


Today, we’re looking at Cil Securities 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 48.33 %. However, it did see a marginal increase of 6.11 % from the previous quarter. Expenses ticked up slightly by 7.89 % quarter-on-quarter, aligning with the annual rise of 35.54 %. Operating profit, while up 68.35 % compared to last year, faced a quarter-on-quarter increase of 3.91 %, 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 5.33 %, but a shrinkage of -0.94 % sequentially. Other income fell by -62.5 % compared to the last quarter, despite an annual growth of 400 %. Interest expenses dropped significantly by -55.56 % from the previous quarter, yet the year-over-year decrease remains at a moderate -25 %. Depreciation costs fell by -33.33 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 64.94 % but saw an increase from the preceding quarter by 8.55 %.
Tax expenses as a percentage of profits increased slightly by 4.68 % compared to last year, with a more notable quarter-on-quarter increase of 0.05 %. Net profit rose by 55.74 % year-on-year but experienced a 7.95 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 54.47 % but a quarterly rise of 8.57 %. In summary, Cil Securities 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. 2.003 Cr Rs. 2.8 Cr Rs. 2.971 Cr + 6.11 % + 48.33 %
Expenses Rs. 1.21 Cr Rs. 1.52 Cr Rs. 1.64 Cr + 7.89 % + 35.54 %
Operating Profit Rs. 0.79 Cr Rs. 1.28 Cr Rs. 1.33 Cr + 3.91 % + 68.35 %
Net Profit Rs. 0.61 Cr Rs. 0.88 Cr Rs. 0.95 Cr + 7.95 % + 55.74 %
EPS in Rs Rs. 1.23 Rs. 1.75 Rs. 1.9 + 8.57 % + 54.47 %


In reviewing Cil Securities Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 48.33 % year-on-year growth, however, there was a minor increase of 6.11 % from the previous quarter. Expenses rose by 35.54 % compared to the previous year, with a 7.89 % increase quarter-on-quarter. Operating Profit surged by 68.35 % annually, and saw a 3.91 % increase from the last quarter.
Net Profit showed yearly increase of 55.74 %, and experienced a 7.95 % increase from the previous quarter. Earnings Per Share (EPS) rose by 54.47 % annually, however rose by 8.57 % compared to the last quarter. In essence, while Cil Securities 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.

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