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Dynamic Cables : Q4 2024 Financial Quarterly Report: YoY Sales Up 34.99 %, QoQ Up 25.26 %

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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 34.99 % in the past year, substantial increase in net sales/revenue by 25.26 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -13.16 %, Marginal increase in other income during this quarter, up by 15.12%.
  • Profit over the Year and quarter: Significant improvement in profitability for Dynamic Cables Limited. Notable increase of 37.97 % in net profit Year to Year, Dynamic Cables Limited’s profitability increased by 83.07 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 37.89 % Year to Year. EPS increased by 83.04 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Dynamic Cables Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 178.462 Cr Rs. 192.319 Cr Rs. 240.906 Cr + 25.26 % + 34.99 %
Expenses Rs. 159.48 Cr Rs. 174.3 Cr Rs. 215.48 Cr + 23.63 % + 35.11 %
Operating Profit Rs. 18.98 Cr Rs. 18.02 Cr Rs. 25.43 Cr + 41.12 % + 33.98 %
OPM % 10.64 % 9.37 % 10.56 % + 1.19 % -0.08 %
Other Income Rs. 1.14 Cr Rs. 0.86 Cr Rs. 0.99 Cr + 15.12 % -13.16 %
Interest Rs. 4.93 Cr Rs. 6.11 Cr Rs. 5.49 Cr -10.15 % + 11.36 %
Depreciation Rs. 2.14 Cr Rs. 2.49 Cr Rs. 2.63 Cr + 5.62 % + 22.9 %
Profit before tax Rs. 13.05 Cr Rs. 10.28 Cr Rs. 18.3 Cr + 78.02 % + 40.23 %
Tax % 23.56 % 26.8 % 24.75 % -2.05 % + 1.19 %
Net Profit Rs. 9.98 Cr Rs. 7.52 Cr Rs. 13.77 Cr + 83.11 % + 37.98 %
EPS in Rs Rs. 4.54 Rs. 3.42 Rs. 6.26 + 83.04 % + 37.89 %


Today, we’re looking at Dynamic Cables 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 34.99 %. However, it did see a marginal increase of 25.26 % from the previous quarter. Expenses ticked up slightly by 23.63 % quarter-on-quarter, aligning with the annual rise of 35.11 %. Operating profit, while up 33.98 % compared to last year, faced a quarter-on-quarter increase of 41.12 %, 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 -0.08 %, but an expansion of 1.19 % sequentially. Other income rose by 15.12 % compared to the last quarter, despite an annual decline of -13.16 %. Interest expenses dropped significantly by -10.15 % from the previous quarter, yet the year-over-year increase remains at a moderate 11.36 %. Depreciation costs climbed by 5.62 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 22.9 %. Profit before tax grew annually by 40.23 % but saw an increase from the preceding quarter by 78.02 %.
Tax expenses as a percentage of profits increased slightly by 1.19 % compared to last year, with a more notable quarter-on-quarter decrease of -2.05 %. Net profit rose by 37.98 % year-on-year but experienced a 83.11 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 37.89 % but a quarterly rise of 83.04 %. In summary, Dynamic Cables 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. 178.462 Cr Rs. 192.319 Cr Rs. 240.906 Cr + 25.26 % + 34.99 %
Expenses Rs. 159.48 Cr Rs. 174.3 Cr Rs. 215.48 Cr + 23.63 % + 35.11 %
Operating Profit Rs. 18.98 Cr Rs. 18.02 Cr Rs. 25.43 Cr + 41.12 % + 33.98 %
Net Profit Rs. 9.98 Cr Rs. 7.52 Cr Rs. 13.77 Cr + 83.11 % + 37.98 %
EPS in Rs Rs. 4.54 Rs. 3.42 Rs. 6.26 + 83.04 % + 37.89 %


In reviewing Dynamic Cables Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 34.99 % year-on-year growth, however, there was a minor increase of 25.26 % from the previous quarter. Expenses rose by 35.11 % compared to the previous year, with a 23.63 % increase quarter-on-quarter. Operating Profit surged by 33.98 % annually, and saw a 41.12 % increase from the last quarter.
Net Profit showed yearly increase of 37.98 %, and experienced a 83.11 % increase from the previous quarter. Earnings Per Share (EPS) rose by 37.89 % annually, however rose by 83.04 % compared to the last quarter. In essence, while Dynamic Cables 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.

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