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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 10.25 % in the past year, substantial increase in net sales/revenue by 27.99 %.
- 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 575 %. Marginal increase in other income during this quarter, up by 237.5%.
- Profit over the Year and quarter: Significant improvement in profitability for Dolfin Rubbers Limited. Notable increase of 49.8 % in net profit Year to Year, Dolfin Rubbers Limited’s profitability increased by 61.15 % in this quarter.
- EPS over the Year and quarter: EPS increased by 49.49 % Year to Year. EPS increased by 60.87 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 31.39 Cr | Rs. 27.04 Cr | Rs. 34.609 Cr | + 27.99 % | + 10.25 % |
Expenses | Rs. 29.49 Cr | Rs. 25.19 Cr | Rs. 32.17 Cr | + 27.71 % | + 9.09 % |
Operating Profit | Rs. 1.9 Cr | Rs. 1.85 Cr | Rs. 2.44 Cr | + 31.89 % | + 28.42 % |
OPM % | 6.05 % | 6.84 % | 7.05 % | + 0.21 % | + 1 % |
Other Income | Rs. 0.04 Cr | Rs. 0.08 Cr | Rs. 0.27 Cr | + 237.5 % | + 575 % |
Interest | Rs. 0.32 Cr | Rs. 0.27 Cr | Rs. 0.23 Cr | -14.81 % | -28.13 % |
Depreciation | Rs. 0.34 Cr | Rs. 0.38 Cr | Rs. 0.4 Cr | + 5.26 % | + 17.65 % |
Profit before tax | Rs. 1.28 Cr | Rs. 1.28 Cr | Rs. 2.08 Cr | + 62.5 % | + 62.5 % |
Tax % | 23.26 % | 27.81 % | 28.32 % | + 0.51 % | + 5.06 % |
Net Profit | Rs. 0.99 Cr | Rs. 0.92 Cr | Rs. 1.49 Cr | + 61.96 % | + 50.51 % |
EPS in Rs | Rs. 0.99 | Rs. 0.92 | Rs. 1.48 | + 60.87 % | + 49.49 % |
Today, we’re looking at Dolfin Rubbers 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 10.25 %. However, it did see a marginal increase of 27.99 % from the previous quarter. Expenses ticked up slightly by 27.71 % quarter-on-quarter, aligning with the annual rise of 9.09 %. Operating profit, while up 28.42 % compared to last year, faced a quarter-on-quarter increase of 31.89 %, 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 1 %, but an expansion of 0.21 % sequentially. Other income rose by 237.5 % compared to the last quarter, despite an annual growth of 575 %. Interest expenses dropped significantly by -14.81 % from the previous quarter, yet the year-over-year decrease remains at a moderate -28.13 %. Depreciation costs climbed by 5.26 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 17.65 %. Profit before tax grew annually by 62.5 % but saw an increase from the preceding quarter by 62.5 %.
Tax expenses as a percentage of profits increased slightly by 5.06 % compared to last year, with a more notable quarter-on-quarter increase of 0.51 %. Net profit rose by 50.51 % year-on-year but experienced a 61.96 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 49.49 % but a quarterly rise of 60.87 %. In summary, Dolfin Rubbers 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. 31.39 Cr | Rs. 27.04 Cr | Rs. 34.609 Cr | + 27.99 % | + 10.25 % |
Expenses | Rs. 29.49 Cr | Rs. 25.19 Cr | Rs. 32.17 Cr | + 27.71 % | + 9.09 % |
Operating Profit | Rs. 1.9 Cr | Rs. 1.85 Cr | Rs. 2.44 Cr | + 31.89 % | + 28.42 % |
Net Profit | Rs. 0.99 Cr | Rs. 0.92 Cr | Rs. 1.49 Cr | + 61.96 % | + 50.51 % |
EPS in Rs | Rs. 0.99 | Rs. 0.92 | Rs. 1.48 | + 60.87 % | + 49.49 % |
In reviewing Dolfin Rubbers Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 10.25 % year-on-year growth, however, there was a minor increase of 27.99 % from the previous quarter. Expenses rose by 9.09 % compared to the previous year, with a 27.71 % increase quarter-on-quarter. Operating Profit surged by 28.42 % annually, and saw a 31.89 % increase from the last quarter.
Net Profit showed yearly increase of 50.51 %, and experienced a 61.96 % increase from the previous quarter. Earnings Per Share (EPS) rose by 49.49 % annually, however rose by 60.87 % compared to the last quarter. In essence, while Dolfin Rubbers Limited 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.