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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 7.9 % in the past year, substantial increase in net sales/revenue by 3.86 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -69.15 %, Marginal increase in other income during this quarter, up by 45%.
- Profit over the Year and quarter: Significant improvement in profitability for DELTA MANUFACTURING LIMITED . Notable increase of 19.26 % in net profit Year to Year, DELTA MANUFACTURING LIMITED ‘s profitability increased by 20.74 % in this quarter.
- EPS over the Year and quarter: EPS increased by 19.03 % Year to Year. EPS increased by 20.63 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 19.723 Cr | Rs. 20.491 Cr | Rs. 21.282 Cr | + 3.86 % | + 7.9 % |
| Expenses | Rs. 20.82 Cr | Rs. 21.02 Cr | Rs. 21.92 Cr | + 4.28 % | + 5.28 % |
| Operating Profit | Rs. -1.1 Cr | Rs. -0.53 Cr | Rs. -0.64 Cr | -20.75 % | + 41.82 % |
| OPM % | -5.58 % | -2.59 % | -3.01 % | -0.42 % | + 2.57 % |
| Other Income | Rs. 0.94 Cr | Rs. 0.2 Cr | Rs. 0.29 Cr | + 45 % | -69.15 % |
| Interest | Rs. 1.07 Cr | Rs. 1 Cr | Rs. 1.53 Cr | + 53 % | + 42.99 % |
| Depreciation | Rs. 1.18 Cr | Rs. 1.06 Cr | Rs. 1.08 Cr | + 1.89 % | -8.47 % |
| Profit before tax | Rs. -2.41 Cr | Rs. -2.39 Cr | Rs. -2.96 Cr | -23.85 % | -22.82 % |
| Tax % | -1.75 % | -1.55 % | -1.23 % | + 0.32 % | + 0.52 % |
| Net Profit | Rs. -2.45 Cr | Rs. -2.42 Cr | Rs. -2.92 Cr | -20.66 % | -19.18 % |
| EPS in Rs | Rs. -2.26 | Rs. -2.23 | Rs. -2.69 | -20.63 % | -19.03 % |
Today, we’re looking at DELTA MANUFACTURING LIMITED ‘s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 7.9 %. However, it did see a marginal increase of 3.86 % from the previous quarter. Expenses ticked up slightly by 4.28 % quarter-on-quarter, aligning with the annual rise of 5.28 %. Operating profit, while up 41.82 % compared to last year, faced a quarter-on-quarter dip of -20.75 %, 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 2.57 %, but a shrinkage of -0.42 % sequentially. Other income rose by 45 % compared to the last quarter, despite an annual decline of -69.15 %. Interest expenses surged remarkably by 53 % from the previous quarter, yet the year-over-year increase remains at a moderate 42.99 %. Depreciation costs climbed by 1.89 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -8.47 %. Profit before tax declined annually by -22.82 % but saw a reduction from the preceding quarter by -23.85 %.
Tax expenses as a percentage of profits increased slightly by 0.52 % compared to last year, with a more notable quarter-on-quarter increase of 0.32 %. Net profit fell by -19.18 % year-on-year but witnessed a -20.66 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -19.03 % but a quarterly fall of -20.63 %. In summary, DELTA MANUFACTURING 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. 19.723 Cr | Rs. 20.491 Cr | Rs. 21.282 Cr | + 3.86 % | + 7.9 % |
| Expenses | Rs. 20.82 Cr | Rs. 21.02 Cr | Rs. 21.92 Cr | + 4.28 % | + 5.28 % |
| Operating Profit | Rs. -1.1 Cr | Rs. -0.53 Cr | Rs. -0.64 Cr | -20.75 % | + 41.82 % |
| Net Profit | Rs. -2.45 Cr | Rs. -2.42 Cr | Rs. -2.92 Cr | -20.66 % | -19.18 % |
| EPS in Rs | Rs. -2.26 | Rs. -2.23 | Rs. -2.69 | -20.63 % | -19.03 % |
In reviewing DELTA MANUFACTURING LIMITED ‘s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7.9 % year-on-year growth, however, there was a minor increase of 3.86 % from the previous quarter. Expenses rose by 5.28 % compared to the previous year, with a 4.28 % increase quarter-on-quarter. Operating Profit surged by 41.82 % annually, and saw a -20.75 % decrease from the last quarter.
Net Profit showed yearly decrease of -19.18 %, and experienced a -20.66 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -19.03 % annually, however dipped by -20.63 % compared to the last quarter. In essence, while DELTA MANUFACTURING LIMITED faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
