Share the post "Cosmo Ferrites : Q4 2024 Financial Quarterly Report : YoY Sales Up 7.31 %, QoQ Up 20.44 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 7.31 % in the past year, substantial increase in net sales/revenue by 20.44 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -46.15 %, Marginal decrease of -11.39% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Cosmo Ferrites Ltd.,. Profit dropped by -446.67 % Year to Year, Cosmo Ferrites Ltd.,’s profitability dropped by -62.59 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -466.67 % Year to Year. EPS decreased by -61.74 % 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. 23.94 Cr | Rs. 21.33 Cr | Rs. 25.69 Cr | + 20.44 % | + 7.31 % |
| Expenses | Rs. 22.45 Cr | Rs. 20.8 Cr | Rs. 23.99 Cr | + 15.34 % | + 6.86 % |
| Operating Profit | Rs. 1.49 Cr | Rs. 0.53 Cr | Rs. 1.7 Cr | + 220.75 % | + 14.09 % |
| OPM % | 6.22 % | 2.48 % | 6.62 % | + 4.14 % | + 0.4 % |
| Other Income | Rs. 1.3 Cr | Rs. 0.79 Cr | Rs. 0.7 Cr | -11.39 % | -46.15 % |
| Interest | Rs. 1.44 Cr | Rs. 1.92 Cr | Rs. 1.81 Cr | -5.73 % | + 25.69 % |
| Depreciation | Rs. 1.11 Cr | Rs. 1.22 Cr | Rs. 1.23 Cr | + 0.82 % | + 10.81 % |
| Profit before tax | Rs. 0.24 Cr | Rs. -1.82 Cr | Rs. -0.64 Cr | + 64.84 % | -366.67 % |
| Tax % | 37.5 % | -23.63 % | -18.75 % | + 4.88 % | -56.25 % |
| Net Profit | Rs. 0.15 Cr | Rs. -1.39 Cr | Rs. -0.52 Cr | + 62.59 % | -446.67 % |
| EPS in Rs | Rs. 0.12 | Rs. -1.15 | Rs. -0.44 | + 61.74 % | -466.67 % |
Today, we’re looking at Cosmo Ferrites 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 7.31 %. However, it did see a marginal increase of 20.44 % from the previous quarter. Expenses ticked up slightly by 15.34 % quarter-on-quarter, aligning with the annual rise of 6.86 %. Operating profit, while up 14.09 % compared to last year, faced a quarter-on-quarter increase of 220.75 %, 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 0.4 %, but an expansion of 4.14 % sequentially. Other income fell by -11.39 % compared to the last quarter, despite an annual decline of -46.15 %. Interest expenses dropped significantly by -5.73 % from the previous quarter, yet the year-over-year increase remains at a moderate 25.69 %. Depreciation costs climbed by 0.82 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 10.81 %. Profit before tax declined annually by -366.67 % but saw an increase from the preceding quarter by 64.84 %.
Tax expenses as a percentage of profits decreased slightly by -56.25 % compared to last year, with a more notable quarter-on-quarter increase of 4.88 %. Net profit fell by -446.67 % year-on-year but experienced a 62.59 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -466.67 % but a quarterly rise of 61.74 %. In summary, Cosmo Ferrites 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. 23.94 Cr | Rs. 21.33 Cr | Rs. 25.69 Cr | + 20.44 % | + 7.31 % |
| Expenses | Rs. 22.45 Cr | Rs. 20.8 Cr | Rs. 23.99 Cr | + 15.34 % | + 6.86 % |
| Operating Profit | Rs. 1.49 Cr | Rs. 0.53 Cr | Rs. 1.7 Cr | + 220.75 % | + 14.09 % |
| Net Profit | Rs. 0.15 Cr | Rs. -1.39 Cr | Rs. -0.52 Cr | + 62.59 % | -446.67 % |
| EPS in Rs | Rs. 0.12 | Rs. -1.15 | Rs. -0.44 | + 61.74 % | -466.67 % |
In reviewing Cosmo Ferrites Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7.31 % year-on-year growth, however, there was a minor increase of 20.44 % from the previous quarter. Expenses rose by 6.86 % compared to the previous year, with a 15.34 % increase quarter-on-quarter. Operating Profit surged by 14.09 % annually, and saw a 220.75 % increase from the last quarter.
Net Profit showed yearly decrease of -446.67 %, and experienced a 62.59 % increase from the previous quarter. Earnings Per Share (EPS) fell by -466.67 % annually, however rose by 61.74 % compared to the last quarter. In essence, while Cosmo Ferrites 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.
