Share the post "De Nora India : Q1 2024 Financial Quarterly Report : YoY Sales Up 39.55 %, QoQ Down 21.14 %"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 39.55 % in the past year, decrease in net sales/revenue by -21.14 %.
- 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 15.28 %. Marginal decrease of -21.28% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for De Nora India Limited. Notable increase of 452.11 % in net profit Year to Year, De Nora India Limited’s profitability dropped by -49.06 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 454.08 % Year to Year. EPS decreased by -49.06 % 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. 9.142 Cr | Rs. 16.179 Cr | Rs. 12.758 Cr | -21.14 % | + 39.55 % |
| Expenses | Rs. 9.36 Cr | Rs. 9.92 Cr | Rs. 9.82 Cr | -1.01 % | + 4.91 % |
| Operating Profit | Rs. -0.22 Cr | Rs. 6.26 Cr | Rs. 2.94 Cr | -53.04 % | + 1436.36 % |
| OPM % | -2.41 % | 38.69 % | 23.04 % | -15.65 % | + 25.45 % |
| Other Income | Rs. 1.165 Cr | Rs. 1.706 Cr | Rs. 1.343 Cr | -21.28 % | + 15.28 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.25 Cr | Rs. 0.35 Cr | Rs. 0.4 Cr | + 14.29 % | + 60 % |
| Profit before tax | Rs. 0.7 Cr | Rs. 7.62 Cr | Rs. 3.88 Cr | -49.08 % | + 454.29 % |
| Tax % | 25.68 % | 25.65 % | 25.74 % | + 0.09 % | + 0.06 % |
| Net Profit | Rs. 0.52 Cr | Rs. 5.66 Cr | Rs. 2.88 Cr | -49.12 % | + 453.85 % |
| EPS in Rs | Rs. 0.98 | Rs. 10.66 | Rs. 5.43 | -49.06 % | + 454.08 % |
Today, we’re looking at De Nora India Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 39.55 %. However, it did see a marginal slip of -21.14 % from the previous quarter. Expenses decreased slightly by -1.01 % quarter-on-quarter, aligning with the annual rise of 4.91 %. Operating profit, while up 1436.36 % compared to last year, faced a quarter-on-quarter dip of -53.04 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 25.45 %, but a shrinkage of -15.65 % sequentially. Other income fell by -21.28 % compared to the last quarter, despite an annual growth of 15.28 %. Depreciation costs climbed by 14.29 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 60 %. Profit before tax grew annually by 454.29 % but saw a reduction from the preceding quarter by -49.08 %.
Tax expenses as a percentage of profits increased slightly by 0.06 % compared to last year, with a more notable quarter-on-quarter increase of 0.09 %. Net profit rose by 453.85 % year-on-year but witnessed a -49.12 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 454.08 % but a quarterly fall of -49.06 %. In summary, De Nora India 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. 9.142 Cr | Rs. 16.179 Cr | Rs. 12.758 Cr | -21.14 % | + 39.55 % |
| Expenses | Rs. 9.36 Cr | Rs. 9.92 Cr | Rs. 9.82 Cr | -1.01 % | + 4.91 % |
| Operating Profit | Rs. -0.22 Cr | Rs. 6.26 Cr | Rs. 2.94 Cr | -53.04 % | + 1436.36 % |
| Net Profit | Rs. 0.52 Cr | Rs. 5.66 Cr | Rs. 2.88 Cr | -49.12 % | + 453.85 % |
| EPS in Rs | Rs. 0.98 | Rs. 10.66 | Rs. 5.43 | -49.06 % | + 454.08 % |
In reviewing De Nora India Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 39.55 % year-on-year growth, although there was a slight dip of -21.14 % from the previous quarter. Expenses rose by 4.91 % compared to the previous year, with a decrease of -1.01 % quarter-on-quarter. Operating Profit surged by 1436.36 % annually, and saw a -53.04 % decrease from the last quarter.
Net Profit showed yearly increase of 453.85 %, and experienced a -49.12 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 454.08 % annually, however dipped by -49.06 % compared to the last quarter. In essence, while De Nora India Limited 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.
