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Highlights
- Sales over the Year and quarter: The company’s sales declined by -11.24 % over the year, substantial increase in net sales/revenue by 4.26 %.
- 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 242.8 %. Marginal increase in other income during this quarter, up by 1190.28%.
- Profit over the Year and quarter: Challenges in sustaining profitability for DMCC SPECIALITY CHEMICALS LIMITED. Profit dropped by -13.77 % Year to Year, DMCC SPECIALITY CHEMICALS LIMITED’s profitability increased by 1780.46 % in this quarter.
- EPS over the Year and quarter: EPS declined by -13.81 % Year to Year. EPS increased by 1825 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 94.588 Cr | Rs. 80.528 Cr | Rs. 83.959 Cr | + 4.26 % | -11.24 % |
Expenses | Rs. 80.23 Cr | Rs. 73.43 Cr | Rs. 76.56 Cr | + 4.26 % | -4.57 % |
Operating Profit | Rs. 14.36 Cr | Rs. 7.1 Cr | Rs. 7.4 Cr | + 4.23 % | -48.47 % |
OPM % | 15.18 % | 8.82 % | 8.81 % | -0.01 % | -6.37 % |
Other Income | Rs. 2.71 Cr | Rs. 0.72 Cr | Rs. 9.29 Cr | + 1190.28 % | + 242.8 % |
Interest | Rs. 3.29 Cr | Rs. 3.56 Cr | Rs. 3.85 Cr | + 8.15 % | + 17.02 % |
Depreciation | Rs. 4.54 Cr | Rs. 3.92 Cr | Rs. 4.33 Cr | + 10.46 % | -4.63 % |
Profit before tax | Rs. 9.24 Cr | Rs. 0.34 Cr | Rs. 8.51 Cr | + 2402.94 % | -7.9 % |
Tax % | 27.52 % | 8.33 % | 32.18 % | + 23.85 % | + 4.66 % |
Net Profit | Rs. 6.7 Cr | Rs. 0.31 Cr | Rs. 5.77 Cr | + 1761.29 % | -13.88 % |
EPS in Rs | Rs. 2.68 | Rs. 0.12 | Rs. 2.31 | + 1825 % | -13.81 % |
Today, we’re looking at DMCC SPECIALITY CHEMICALS LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -11.24 %. However, it did see a marginal increase of 4.26 % from the previous quarter. Expenses ticked up slightly by 4.26 % quarter-on-quarter, aligning with the annual decline of -4.57 %. Operating profit, while down -48.47 % compared to last year, faced a quarter-on-quarter increase of 4.23 %, 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 -6.37 %, but a shrinkage of -0.01 % sequentially. Other income rose by 1190.28 % compared to the last quarter, despite an annual growth of 242.8 %. Interest expenses surged remarkably by 8.15 % from the previous quarter, yet the year-over-year increase remains at a moderate 17.02 %. Depreciation costs climbed by 10.46 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -4.63 %. Profit before tax declined annually by -7.9 % but saw an increase from the preceding quarter by 2402.94 %.
Tax expenses as a percentage of profits increased slightly by 4.66 % compared to last year, with a more notable quarter-on-quarter increase of 23.85 %. Net profit fell by -13.88 % year-on-year but experienced a 1761.29 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -13.81 % but a quarterly rise of 1825 %. In summary, DMCC SPECIALITY CHEMICALS 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. 94.588 Cr | Rs. 80.528 Cr | Rs. 83.959 Cr | + 4.26 % | -11.24 % |
Expenses | Rs. 80.23 Cr | Rs. 73.43 Cr | Rs. 76.56 Cr | + 4.26 % | -4.57 % |
Operating Profit | Rs. 14.36 Cr | Rs. 7.1 Cr | Rs. 7.4 Cr | + 4.23 % | -48.47 % |
Net Profit | Rs. 6.7 Cr | Rs. 0.31 Cr | Rs. 5.77 Cr | + 1761.29 % | -13.88 % |
EPS in Rs | Rs. 2.68 | Rs. 0.12 | Rs. 2.31 | + 1825 % | -13.81 % |
In reviewing DMCC SPECIALITY CHEMICALS LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -11.24 % year-on-year, however, there was a minor increase of 4.26 % from the previous quarter. Expenses decreased by -4.57 % compared to the previous year, with a 4.26 % increase quarter-on-quarter. Operating Profit dropped by -48.47 % annually, and saw a 4.23 % increase from the last quarter.
Net Profit showed yearly decrease of -13.88 %, and experienced a 1761.29 % increase from the previous quarter. Earnings Per Share (EPS) fell by -13.81 % annually, however rose by 1825 % compared to the last quarter. In essence, while DMCC SPECIALITY CHEMICALS LIMITED faces strong annual decline 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.