Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 0.6 % in the past year, substantial increase in net sales/revenue by 12.88 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is %, Marginal decrease of % in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Fine-line Circuits Ltd.. Profit dropped by -1275 % Year to Year, Fine-line Circuits Ltd.’s profitability dropped by -52.04 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -1,100.00 % Year to Year. EPS decreased by -51.22 % 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. 7.299 Cr | Rs. 6.505 Cr | Rs. 7.343 Cr | + 12.88 % | + 0.6 % |
| Expenses | Rs. 7.13 Cr | Rs. 6.09 Cr | Rs. 7.03 Cr | + 15.44 % | -1.4 % |
| Operating Profit | Rs. 0.17 Cr | Rs. 0.42 Cr | Rs. 0.31 Cr | -26.19 % | + 82.35 % |
| OPM % | 2.33 % | 6.46 % | 4.22 % | -2.24 % | + 1.89 % |
| Other Income | Rs. 0.04 Cr | Rs. 0.01 Cr | Rs. 0 Cr | 0 % | 0 % |
| Interest | Rs. 0.13 Cr | Rs. 0.07 Cr | Rs. 0.07 Cr | + 0 % | -46.15 % |
| Depreciation | Rs. 0.12 Cr | Rs. 0.14 Cr | Rs. 0.15 Cr | + 7.14 % | + 25 % |
| Profit before tax | Rs. -0.04 Cr | Rs. 0.22 Cr | Rs. 0.09 Cr | -59.09 % | + 325 % |
| Tax % | -80.49 % | 2.49 % | 1.05 % | -1.44 % | + 81.54 % |
| Net Profit | Rs. -0.01 Cr | Rs. 0.2 Cr | Rs. 0.09 Cr | -55 % | + 1000 % |
| EPS in Rs | Rs. -0.02 | Rs. 0.41 | Rs. 0.2 | -51.22 % | + 1100 % |
Today, we’re looking at Fine-line Circuits Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 0.6 %. However, it did see a marginal increase of 12.88 % from the previous quarter. Expenses ticked up slightly by 15.44 % quarter-on-quarter, aligning with the annual decline of -1.4 %. Operating profit, while up 82.35 % compared to last year, faced a quarter-on-quarter dip of -26.19 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 1.89 %, but a shrinkage of -2.24 % sequentially. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year decrease remains at a moderate -46.15 %. Depreciation costs climbed by 7.14 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 25 %. Profit before tax grew annually by 325 % but saw a reduction from the preceding quarter by -59.09 %.
Tax expenses as a percentage of profits increased slightly by 81.54 % compared to last year, with a more notable quarter-on-quarter decrease of -1.44 %. Net profit rose by 1000 % year-on-year but witnessed a -55 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 1100 % but a quarterly fall of -51.22 %. In summary, Fine-line Circuits Ltd.’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. 7.299 Cr | Rs. 6.505 Cr | Rs. 7.343 Cr | + 12.88 % | + 0.6 % |
| Expenses | Rs. 7.13 Cr | Rs. 6.09 Cr | Rs. 7.03 Cr | + 15.44 % | -1.4 % |
| Operating Profit | Rs. 0.17 Cr | Rs. 0.42 Cr | Rs. 0.31 Cr | -26.19 % | + 82.35 % |
| Net Profit | Rs. -0.01 Cr | Rs. 0.2 Cr | Rs. 0.09 Cr | -55 % | + 1000 % |
| EPS in Rs | Rs. -0.02 | Rs. 0.41 | Rs. 0.2 | -51.22 % | + 1100 % |
In reviewing Fine-line Circuits Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0.6 % year-on-year growth, however, there was a minor increase of 12.88 % from the previous quarter. Expenses decreased by -1.4 % compared to the previous year, with a 15.44 % increase quarter-on-quarter. Operating Profit surged by 82.35 % annually, and saw a -26.19 % decrease from the last quarter.
Net Profit showed yearly increase of 1000 %, and experienced a -55 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 1100 % annually, however dipped by -51.22 % compared to the last quarter. In essence, while Fine-line Circuits Ltd. exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
