Share the post "DIC India Ltd : .Q4 .2024 .Quarterly Earnings: .YoY Sales Down 0.38 %, QoQ Down 3.18 %"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -0.38 % over the year, decrease in net sales/revenue by -3.18 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -55.7 %, Marginal decrease of -43.55% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for DIC India Ltd. Notable increase of 202.38 % in net profit Year to Year, DIC India Ltd’s profitability dropped by -158.42 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 361.62 % Year to Year. EPS decreased by -158.37 % 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. 199.362 Cr | Rs. 205.126 Cr | Rs. 198.602 Cr | -3.18 % | -0.38 % |
Expenses | Rs. 195.96 Cr | Rs. 204.68 Cr | Rs. 190.48 Cr | -6.94 % | -2.8 % |
Operating Profit | Rs. 3.4 Cr | Rs. 0.45 Cr | Rs. 8.12 Cr | + 1704.44 % | + 138.82 % |
OPM % | 1.71 % | 0.22 % | 4.09 % | + 3.87 % | + 2.38 % |
Other Income | Rs. 3.16 Cr | Rs. 2.48 Cr | Rs. 1.4 Cr | -43.55 % | -55.7 % |
Interest | Rs. 1.17 Cr | Rs. 0.54 Cr | Rs. 0.36 Cr | -33.33 % | -69.23 % |
Depreciation | Rs. 3.64 Cr | Rs. 4.6 Cr | Rs. 4.73 Cr | + 2.83 % | + 29.95 % |
Profit before tax | Rs. 1.75 Cr | Rs. -2.21 Cr | Rs. 4.43 Cr | + 300.45 % | + 153.14 % |
Tax % | 21 % | -12.28 % | 6.5 % | + 18.78 % | -14.5 % |
Net Profit | Rs. 1.39 Cr | Rs. -7.18 Cr | Rs. 4.2 Cr | + 158.5 % | + 202.16 % |
EPS in Rs | Rs. 0.99 | Rs. -7.83 | Rs. 4.57 | + 158.37 % | + 361.62 % |
Today, we’re looking at DIC India Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -0.38 %. However, it did see a marginal slip of -3.18 % from the previous quarter. Expenses decreased slightly by -6.94 % quarter-on-quarter, aligning with the annual decline of -2.8 %. Operating profit, while up 138.82 % compared to last year, faced a quarter-on-quarter increase of 1704.44 %, 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 2.38 %, but an expansion of 3.87 % sequentially. Other income fell by -43.55 % compared to the last quarter, despite an annual decline of -55.7 %. Interest expenses dropped significantly by -33.33 % from the previous quarter, yet the year-over-year decrease remains at a moderate -69.23 %. Depreciation costs climbed by 2.83 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 29.95 %. Profit before tax grew annually by 153.14 % but saw an increase from the preceding quarter by 300.45 %.
Tax expenses as a percentage of profits decreased slightly by -14.5 % compared to last year, with a more notable quarter-on-quarter increase of 18.78 %. Net profit rose by 202.16 % year-on-year but experienced a 158.5 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 361.62 % but a quarterly rise of 158.37 %. In summary, DIC India 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. 199.362 Cr | Rs. 205.126 Cr | Rs. 198.602 Cr | -3.18 % | -0.38 % |
Expenses | Rs. 195.96 Cr | Rs. 204.68 Cr | Rs. 190.48 Cr | -6.94 % | -2.8 % |
Operating Profit | Rs. 3.4 Cr | Rs. 0.45 Cr | Rs. 8.12 Cr | + 1704.44 % | + 138.82 % |
Net Profit | Rs. 1.39 Cr | Rs. -7.18 Cr | Rs. 4.2 Cr | + 158.5 % | + 202.16 % |
EPS in Rs | Rs. 0.99 | Rs. -7.83 | Rs. 4.57 | + 158.37 % | + 361.62 % |
In reviewing DIC India Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -0.38 % year-on-year, although there was a slight dip of -3.18 % from the previous quarter. Expenses decreased by -2.8 % compared to the previous year, with a decrease of -6.94 % quarter-on-quarter. Operating Profit surged by 138.82 % annually, and saw a 1704.44 % increase from the last quarter.
Net Profit showed yearly increase of 202.16 %, and experienced a 158.5 % increase from the previous quarter. Earnings Per Share (EPS) rose by 361.62 % annually, however rose by 158.37 % compared to the last quarter. In essence, while DIC India 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.