Share the post "Delton Cables announced Financial Results Q1 2024-25"
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 106.35 % in the past year, substantial increase in net sales/revenue by 8.87 %.
- 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 14.24 %. Marginal decrease of -94.16% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Delton Cables Ltd.,. Notable increase of 137.47 % in net profit Year to Year, Delton Cables Ltd.,’s profitability dropped by -52.11 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 138.10 % Year to Year. EPS decreased by -52.12 % 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. 69.53 Cr | Rs. 131.783 Cr | Rs. 143.476 Cr | + 8.87 % | + 106.35 % |
| Expenses | Rs. 64.57 Cr | Rs. 123.91 Cr | Rs. 133.92 Cr | + 8.08 % | + 107.4 % |
| Operating Profit | Rs. 4.96 Cr | Rs. 7.87 Cr | Rs. 9.56 Cr | + 21.47 % | + 92.74 % |
| OPM % | 7.13 % | 5.97 % | 6.66 % | + 0.69 % | -0.47 % |
| Other Income | Rs. 0.316 Cr | Rs. 6.181 Cr | Rs. 0.361 Cr | -94.16 % | + 14.24 % |
| Interest | Rs. 3.41 Cr | Rs. 5.14 Cr | Rs. 5.2 Cr | + 1.17 % | + 52.49 % |
| Depreciation | Rs. 0.3 Cr | Rs. 0.58 Cr | Rs. 0.57 Cr | -1.72 % | + 90 % |
| Profit before tax | Rs. 1.57 Cr | Rs. 8.33 Cr | Rs. 4.15 Cr | -50.18 % | + 164.33 % |
| Tax % | 18.45 % | 24.26 % | 27.11 % | + 2.85 % | + 8.66 % |
| Net Profit | Rs. 1.27 Cr | Rs. 6.31 Cr | Rs. 3.02 Cr | -52.14 % | + 137.8 % |
| EPS in Rs | Rs. 1.47 | Rs. 7.31 | Rs. 3.5 | -52.12 % | + 138.1 % |
Today, we’re looking at Delton Cables Ltd.,’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 106.35 %. However, it did see a marginal increase of 8.87 % from the previous quarter. Expenses ticked up slightly by 8.08 % quarter-on-quarter, aligning with the annual rise of 107.4 %. Operating profit, while up 92.74 % compared to last year, faced a quarter-on-quarter increase of 21.47 %, 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 -0.47 %, but an expansion of 0.69 % sequentially. Other income fell by -94.16 % compared to the last quarter, despite an annual growth of 14.24 %. Interest expenses surged remarkably by 1.17 % from the previous quarter, yet the year-over-year increase remains at a moderate 52.49 %. Depreciation costs fell by -1.72 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 90 %. Profit before tax grew annually by 164.33 % but saw a reduction from the preceding quarter by -50.18 %.
Tax expenses as a percentage of profits increased slightly by 8.66 % compared to last year, with a more notable quarter-on-quarter increase of 2.85 %. Net profit rose by 137.8 % year-on-year but witnessed a -52.14 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 138.1 % but a quarterly fall of -52.12 %. In summary, Delton Cables 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. 69.53 Cr | Rs. 131.783 Cr | Rs. 143.476 Cr | + 8.87 % | + 106.35 % |
| Expenses | Rs. 64.57 Cr | Rs. 123.91 Cr | Rs. 133.92 Cr | + 8.08 % | + 107.4 % |
| Operating Profit | Rs. 4.96 Cr | Rs. 7.87 Cr | Rs. 9.56 Cr | + 21.47 % | + 92.74 % |
| Net Profit | Rs. 1.27 Cr | Rs. 6.31 Cr | Rs. 3.02 Cr | -52.14 % | + 137.8 % |
| EPS in Rs | Rs. 1.47 | Rs. 7.31 | Rs. 3.5 | -52.12 % | + 138.1 % |
In reviewing Delton Cables Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 106.35 % year-on-year growth, however, there was a minor increase of 8.87 % from the previous quarter. Expenses rose by 107.4 % compared to the previous year, with a 8.08 % increase quarter-on-quarter. Operating Profit surged by 92.74 % annually, and saw a 21.47 % increase from the last quarter.
Net Profit showed yearly increase of 137.8 %, and experienced a -52.14 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 138.1 % annually, however dipped by -52.12 % compared to the last quarter. In essence, while Delton Cables Ltd., 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.
[my_shortcode1 values=”Delton Cables “]
