Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 27.8 % in the past year, substantial increase in net sales/revenue by 14.42 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -25.49 %, Marginal decrease of -31.79% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Fiem Industries Limited. Notable increase of 21.55 % in net profit Year to Year, Fiem Industries Limited’s profitability increased by 14.12 % in this quarter.
- EPS over the Year and quarter: EPS declined by -39.24 % Year to Year. EPS decreased by -42.95 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 436.25 Cr | Rs. 487.276 Cr | Rs. 557.52 Cr | + 14.42 % | + 27.8 % |
Expenses | Rs. 375.78 Cr | Rs. 422.39 Cr | Rs. 482.59 Cr | + 14.25 % | + 28.42 % |
Operating Profit | Rs. 60.47 Cr | Rs. 64.89 Cr | Rs. 74.93 Cr | + 15.47 % | + 23.91 % |
OPM % | 13.86 % | 13.32 % | 13.44 % | + 0.12 % | -0.42 % |
Other Income | Rs. 4.55 Cr | Rs. 4.97 Cr | Rs. 3.39 Cr | -31.79 % | -25.49 % |
Interest | Rs. 2.08 Cr | Rs. 0.41 Cr | Rs. 0.38 Cr | -7.32 % | -81.73 % |
Depreciation | Rs. 15.97 Cr | Rs. 14.55 Cr | Rs. 16.37 Cr | + 12.51 % | + 2.5 % |
Profit before tax | Rs. 46.97 Cr | Rs. 54.9 Cr | Rs. 61.57 Cr | + 12.15 % | + 31.08 % |
Tax % | 19.02 % | 26.21 % | 24.89 % | -1.32 % | + 5.87 % |
Net Profit | Rs. 38.03 Cr | Rs. 40.51 Cr | Rs. 46.22 Cr | + 14.1 % | + 21.54 % |
EPS in Rs | Rs. 28.9 | Rs. 30.78 | Rs. 17.56 | -42.95 % | -39.24 % |
Today, we’re looking at Fiem 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 27.8 %. However, it did see a marginal increase of 14.42 % from the previous quarter. Expenses ticked up slightly by 14.25 % quarter-on-quarter, aligning with the annual rise of 28.42 %. Operating profit, while up 23.91 % compared to last year, faced a quarter-on-quarter increase of 15.47 %, 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 -0.42 %, but an expansion of 0.12 % sequentially. Other income fell by -31.79 % compared to the last quarter, despite an annual decline of -25.49 %. Interest expenses dropped significantly by -7.32 % from the previous quarter, yet the year-over-year decrease remains at a moderate -81.73 %. Depreciation costs climbed by 12.51 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 2.5 %. Profit before tax grew annually by 31.08 % but saw an increase from the preceding quarter by 12.15 %.
Tax expenses as a percentage of profits increased slightly by 5.87 % compared to last year, with a more notable quarter-on-quarter decrease of -1.32 %. Net profit rose by 21.54 % year-on-year but experienced a 14.1 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -39.24 % but a quarterly fall of -42.95 %. In summary, Fiem 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. 436.25 Cr | Rs. 487.276 Cr | Rs. 557.52 Cr | + 14.42 % | + 27.8 % |
Expenses | Rs. 375.78 Cr | Rs. 422.39 Cr | Rs. 482.59 Cr | + 14.25 % | + 28.42 % |
Operating Profit | Rs. 60.47 Cr | Rs. 64.89 Cr | Rs. 74.93 Cr | + 15.47 % | + 23.91 % |
Net Profit | Rs. 38.03 Cr | Rs. 40.51 Cr | Rs. 46.22 Cr | + 14.1 % | + 21.54 % |
EPS in Rs | Rs. 28.9 | Rs. 30.78 | Rs. 17.56 | -42.95 % | -39.24 % |
In reviewing Fiem Industries Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 27.8 % year-on-year growth, however, there was a minor increase of 14.42 % from the previous quarter. Expenses rose by 28.42 % compared to the previous year, with a 14.25 % increase quarter-on-quarter. Operating Profit surged by 23.91 % annually, and saw a 15.47 % increase from the last quarter.
Net Profit showed yearly increase of 21.54 %, and experienced a 14.1 % increase from the previous quarter. Earnings Per Share (EPS) fell by -39.24 % annually, however dipped by -42.95 % compared to the last quarter. In essence, while Fiem 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.