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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 48.61 % in the past year, substantial increase in net sales/revenue by 67.97 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -25 %, Marginal increase in other income during this quarter, up by 90.91%.
- Profit over the Year and quarter: Significant improvement in profitability for Deco-Mica Ltd.. Notable increase of 63.58 % in net profit Year to Year, Deco-Mica Ltd.’s profitability dropped by -4988.24 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 62.96 % Year to Year. EPS decreased by -5050 % 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. 17.971 Cr | Rs. 15.9 Cr | Rs. 26.707 Cr | + 67.97 % | + 48.61 % |
Expenses | Rs. 15.67 Cr | Rs. 15.09 Cr | Rs. 23.34 Cr | + 54.67 % | + 48.95 % |
Operating Profit | Rs. 2.3 Cr | Rs. 0.81 Cr | Rs. 3.37 Cr | + 316.05 % | + 46.52 % |
OPM % | 12.8 % | 5.09 % | 12.62 % | + 7.53 % | -0.18 % |
Other Income | Rs. 0.28 Cr | Rs. 0.11 Cr | Rs. 0.21 Cr | + 90.91 % | -25 % |
Interest | Rs. 0.72 Cr | Rs. 0.53 Cr | Rs. 0.75 Cr | + 41.51 % | + 4.17 % |
Depreciation | Rs. 0.33 Cr | Rs. 0.32 Cr | Rs. 0.32 Cr | + 0 % | -3.03 % |
Profit before tax | Rs. 1.53 Cr | Rs. 0.07 Cr | Rs. 2.51 Cr | + 3485.71 % | + 64.05 % |
Tax % | 33.59 % | 150.75 % | 33.76 % | -116.99 % | + 0.17 % |
Net Profit | Rs. 1.02 Cr | Rs. -0.03 Cr | Rs. 1.66 Cr | + 5633.33 % | + 62.75 % |
EPS in Rs | Rs. 2.43 | Rs. -0.08 | Rs. 3.96 | + 5050 % | + 62.96 % |
Today, we’re looking at Deco-Mica 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 48.61 %. However, it did see a marginal increase of 67.97 % from the previous quarter. Expenses ticked up slightly by 54.67 % quarter-on-quarter, aligning with the annual rise of 48.95 %. Operating profit, while up 46.52 % compared to last year, faced a quarter-on-quarter increase of 316.05 %, 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 -0.18 %, but an expansion of 7.53 % sequentially. Other income rose by 90.91 % compared to the last quarter, despite an annual decline of -25 %. Interest expenses surged remarkably by 41.51 % from the previous quarter, yet the year-over-year increase remains at a moderate 4.17 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -3.03 %. Profit before tax grew annually by 64.05 % but saw an increase from the preceding quarter by 3485.71 %.
Tax expenses as a percentage of profits increased slightly by 0.17 % compared to last year, with a more notable quarter-on-quarter decrease of -116.99 %. Net profit rose by 62.75 % year-on-year but experienced a 5633.33 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 62.96 % but a quarterly rise of 5050 %. In summary, Deco-Mica 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. 17.971 Cr | Rs. 15.9 Cr | Rs. 26.707 Cr | + 67.97 % | + 48.61 % |
Expenses | Rs. 15.67 Cr | Rs. 15.09 Cr | Rs. 23.34 Cr | + 54.67 % | + 48.95 % |
Operating Profit | Rs. 2.3 Cr | Rs. 0.81 Cr | Rs. 3.37 Cr | + 316.05 % | + 46.52 % |
Net Profit | Rs. 1.02 Cr | Rs. -0.03 Cr | Rs. 1.66 Cr | + 5633.33 % | + 62.75 % |
EPS in Rs | Rs. 2.43 | Rs. -0.08 | Rs. 3.96 | + 5050 % | + 62.96 % |
In reviewing Deco-Mica Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 48.61 % year-on-year growth, however, there was a minor increase of 67.97 % from the previous quarter. Expenses rose by 48.95 % compared to the previous year, with a 54.67 % increase quarter-on-quarter. Operating Profit surged by 46.52 % annually, and saw a 316.05 % increase from the last quarter.
Net Profit showed yearly increase of 62.75 %, and experienced a 5633.33 % increase from the previous quarter. Earnings Per Share (EPS) rose by 62.96 % annually, however rose by 5050 % compared to the last quarter. In essence, while Deco-Mica 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.