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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 22.72 % in the past year, substantial increase in net sales/revenue by 7.14 %.
- 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 8425 %. Marginal increase in other income during this quarter, up by 186.55%.
- Profit over the Year and quarter: Significant improvement in profitability for Everest Kanto Cylinder Limited. Notable increase of 47.05 % in net profit Year to Year, Everest Kanto Cylinder Limited’s profitability increased by 38.35 % in this quarter.
- EPS over the Year and quarter: EPS increased by 45.96 % Year to Year. EPS increased by 37.2 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 299.28 Cr | Rs. 342.8 Cr | Rs. 367.28 Cr | + 7.14 % | + 22.72 % |
Expenses | Rs. 258 Cr | Rs. 301.31 Cr | Rs. 314.16 Cr | + 4.26 % | + 21.77 % |
Operating Profit | Rs. 41.28 Cr | Rs. 41.49 Cr | Rs. 53.12 Cr | + 28.03 % | + 28.68 % |
OPM % | 13.79 % | 12.1 % | 14.46 % | + 2.36 % | + 0.67 % |
Other Income | Rs. 0.12 Cr | Rs. 3.57 Cr | Rs. 10.23 Cr | + 186.55 % | + 8425 % |
Interest | Rs. 1.86 Cr | Rs. 2.19 Cr | Rs. 8.24 Cr | + 276.26 % | + 343.01 % |
Depreciation | Rs. 9.57 Cr | Rs. 10 Cr | Rs. 10.51 Cr | + 5.1 % | + 9.82 % |
Profit before tax | Rs. 29.97 Cr | Rs. 32.87 Cr | Rs. 44.6 Cr | + 35.69 % | + 48.82 % |
Tax % | 12.41 % | 15.12 % | 13.45 % | -1.67 % | + 1.04 % |
Net Profit | Rs. 26.25 Cr | Rs. 27.9 Cr | Rs. 38.6 Cr | + 38.35 % | + 47.05 % |
EPS in Rs | Rs. 2.35 | Rs. 2.5 | Rs. 3.43 | + 37.2 % | + 45.96 % |
Today, we’re looking at Everest Kanto Cylinder Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 22.72 %. However, it did see a marginal increase of 7.14 % from the previous quarter. Expenses ticked up slightly by 4.26 % quarter-on-quarter, aligning with the annual rise of 21.77 %. Operating profit, while up 28.68 % compared to last year, faced a quarter-on-quarter increase of 28.03 %, 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 0.67 %, but an expansion of 2.36 % sequentially. Other income rose by 186.55 % compared to the last quarter, despite an annual growth of 8425 %. Interest expenses surged remarkably by 276.26 % from the previous quarter, yet the year-over-year increase remains at a moderate 343.01 %. Depreciation costs climbed by 5.1 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 9.82 %. Profit before tax grew annually by 48.82 % but saw an increase from the preceding quarter by 35.69 %.
Tax expenses as a percentage of profits increased slightly by 1.04 % compared to last year, with a more notable quarter-on-quarter decrease of -1.67 %. Net profit rose by 47.05 % year-on-year but experienced a 38.35 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 45.96 % but a quarterly rise of 37.2 %. In summary, Everest Kanto Cylinder 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. 299.28 Cr | Rs. 342.8 Cr | Rs. 367.28 Cr | + 7.14 % | + 22.72 % |
Expenses | Rs. 258 Cr | Rs. 301.31 Cr | Rs. 314.16 Cr | + 4.26 % | + 21.77 % |
Operating Profit | Rs. 41.28 Cr | Rs. 41.49 Cr | Rs. 53.12 Cr | + 28.03 % | + 28.68 % |
Net Profit | Rs. 26.25 Cr | Rs. 27.9 Cr | Rs. 38.6 Cr | + 38.35 % | + 47.05 % |
EPS in Rs | Rs. 2.35 | Rs. 2.5 | Rs. 3.43 | + 37.2 % | + 45.96 % |
In reviewing Everest Kanto Cylinder Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 22.72 % year-on-year growth, however, there was a minor increase of 7.14 % from the previous quarter. Expenses rose by 21.77 % compared to the previous year, with a 4.26 % increase quarter-on-quarter. Operating Profit surged by 28.68 % annually, and saw a 28.03 % increase from the last quarter.
Net Profit showed yearly increase of 47.05 %, and experienced a 38.35 % increase from the previous quarter. Earnings Per Share (EPS) rose by 45.96 % annually, however rose by 37.2 % compared to the last quarter. In essence, while Everest Kanto Cylinder 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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