Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 23.03 % in the past year, substantial increase in net sales/revenue by 50.79 %.
- 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 220.12 %. Marginal increase in other income during this quarter, up by 65.04%.
- Profit over the Year and quarter: Significant improvement in profitability for Dollar Industries Limited. Notable increase of 7252.08 % in net profit Year to Year, Dollar Industries Limited’s profitability increased by 89.11 % in this quarter.
- EPS over the Year and quarter: EPS increased by 5,730.00 % Year to Year. EPS increased by 86.86 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 406.379 Cr | Rs. 331.553 Cr | Rs. 499.96 Cr | + 50.79 % | + 23.03 % |
| Expenses | Rs. 395.08 Cr | Rs. 298.93 Cr | Rs. 442.8 Cr | + 48.13 % | + 12.08 % |
| Operating Profit | Rs. 11.3 Cr | Rs. 32.62 Cr | Rs. 57.16 Cr | + 75.23 % | + 405.84 % |
| OPM % | 2.78 % | 9.84 % | 11.43 % | + 1.59 % | + 8.65 % |
| Other Income | Rs. -1.69 Cr | Rs. 1.23 Cr | Rs. 2.03 Cr | + 65.04 % | + 220.12 % |
| Interest | Rs. 3.4 Cr | Rs. 4.87 Cr | Rs. 6.26 Cr | + 28.54 % | + 84.12 % |
| Depreciation | Rs. 4.26 Cr | Rs. 6.18 Cr | Rs. 6.65 Cr | + 7.61 % | + 56.1 % |
| Profit before tax | Rs. 1.95 Cr | Rs. 22.8 Cr | Rs. 46.28 Cr | + 102.98 % | + 2273.33 % |
| Tax % | 30.52 % | 21.67 % | 27.37 % | + 5.7 % | -3.15 % |
| Net Profit | Rs. 0.46 Cr | Rs. 17.77 Cr | Rs. 33.6 Cr | + 89.08 % | + 7204.35 % |
| EPS in Rs | Rs. 0.1 | Rs. 3.12 | Rs. 5.83 | + 86.86 % | + 5730 % |
Today, we’re looking at Dollar Industries 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 23.03 %. However, it did see a marginal increase of 50.79 % from the previous quarter. Expenses ticked up slightly by 48.13 % quarter-on-quarter, aligning with the annual rise of 12.08 %. Operating profit, while up 405.84 % compared to last year, faced a quarter-on-quarter increase of 75.23 %, 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 8.65 %, but an expansion of 1.59 % sequentially. Other income rose by 65.04 % compared to the last quarter, despite an annual growth of 220.12 %. Interest expenses surged remarkably by 28.54 % from the previous quarter, yet the year-over-year increase remains at a moderate 84.12 %. Depreciation costs climbed by 7.61 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 56.1 %. Profit before tax grew annually by 2273.33 % but saw an increase from the preceding quarter by 102.98 %.
Tax expenses as a percentage of profits decreased slightly by -3.15 % compared to last year, with a more notable quarter-on-quarter increase of 5.7 %. Net profit rose by 7204.35 % year-on-year but experienced a 89.08 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 5730 % but a quarterly rise of 86.86 %. In summary, Dollar Industries 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. 406.379 Cr | Rs. 331.553 Cr | Rs. 499.96 Cr | + 50.79 % | + 23.03 % |
| Expenses | Rs. 395.08 Cr | Rs. 298.93 Cr | Rs. 442.8 Cr | + 48.13 % | + 12.08 % |
| Operating Profit | Rs. 11.3 Cr | Rs. 32.62 Cr | Rs. 57.16 Cr | + 75.23 % | + 405.84 % |
| Net Profit | Rs. 0.46 Cr | Rs. 17.77 Cr | Rs. 33.6 Cr | + 89.08 % | + 7204.35 % |
| EPS in Rs | Rs. 0.1 | Rs. 3.12 | Rs. 5.83 | + 86.86 % | + 5730 % |
In reviewing Dollar Industries Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 23.03 % year-on-year growth, however, there was a minor increase of 50.79 % from the previous quarter. Expenses rose by 12.08 % compared to the previous year, with a 48.13 % increase quarter-on-quarter. Operating Profit surged by 405.84 % annually, and saw a 75.23 % increase from the last quarter.
Net Profit showed yearly increase of 7204.35 %, and experienced a 89.08 % increase from the previous quarter. Earnings Per Share (EPS) rose by 5730 % annually, however rose by 86.86 % compared to the last quarter. In essence, while Dollar Industries 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.
