Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 120.42 % in the past year, substantial increase in net sales/revenue by 7.95 %.
- Income over the Year and quarter:
- Profit over the Year and quarter: Challenges in sustaining profitability for Franklin Industries Limited. Profit dropped by -1775.15 % Year to Year, Franklin Industries Limited’s profitability increased by 64.07 % in this quarter.
- EPS over the Year and quarter: EPS declined by -1,765.96 % Year to Year. EPS increased by 63.98 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 8.192 Cr | Rs. 16.727 Cr | Rs. 18.057 Cr | + 7.95 % | + 120.42 % |
| Expenses | Rs. 6.11 Cr | Rs. 12.05 Cr | Rs. 13.53 Cr | + 12.28 % | + 121.44 % |
| Operating Profit | Rs. 2.08 Cr | Rs. 4.68 Cr | Rs. 4.53 Cr | -3.21 % | + 117.79 % |
| OPM % | 25.39 % | 27.98 % | 25.09 % | -2.89 % | -0.3 % |
| Other Income | Rs. -0 Cr | Rs. -0 Cr | Rs. 0.3 Cr | 0 % | 0 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | 0 % |
| Profit before tax | Rs. 2.08 Cr | Rs. 4.67 Cr | Rs. 4.82 Cr | + 3.21 % | + 131.73 % |
| Tax % | -27.37 % | 26.01 % | 17.4 % | -8.61 % | + 44.77 % |
| Net Profit | Rs. -0.34 Cr | Rs. 3.45 Cr | Rs. 5.66 Cr | + 64.06 % | + 1764.71 % |
| EPS in Rs | Rs. -0.94 | Rs. 9.55 | Rs. 15.66 | + 63.98 % | + 1765.96 % |
Today, we’re looking at Franklin 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 120.42 %. However, it did see a marginal increase of 7.95 % from the previous quarter. Expenses ticked up slightly by 12.28 % quarter-on-quarter, aligning with the annual rise of 121.44 %. Operating profit, while up 117.79 % compared to last year, faced a quarter-on-quarter dip of -3.21 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.3 %, but a shrinkage of -2.89 % sequentially. Depreciation costs climbed by 0 % quarter-on-quarter, Profit before tax grew annually by 131.73 % but saw an increase from the preceding quarter by 3.21 %.
Tax expenses as a percentage of profits increased slightly by 44.77 % compared to last year, with a more notable quarter-on-quarter decrease of -8.61 %. Net profit rose by 1764.71 % year-on-year but experienced a 64.06 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 1765.96 % but a quarterly rise of 63.98 %. In summary, Franklin 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. 8.192 Cr | Rs. 16.727 Cr | Rs. 18.057 Cr | + 7.95 % | + 120.42 % |
| Expenses | Rs. 6.11 Cr | Rs. 12.05 Cr | Rs. 13.53 Cr | + 12.28 % | + 121.44 % |
| Operating Profit | Rs. 2.08 Cr | Rs. 4.68 Cr | Rs. 4.53 Cr | -3.21 % | + 117.79 % |
| Net Profit | Rs. -0.34 Cr | Rs. 3.45 Cr | Rs. 5.66 Cr | + 64.06 % | + 1764.71 % |
| EPS in Rs | Rs. -0.94 | Rs. 9.55 | Rs. 15.66 | + 63.98 % | + 1765.96 % |
In reviewing Franklin Industries Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 120.42 % year-on-year growth, however, there was a minor increase of 7.95 % from the previous quarter. Expenses rose by 121.44 % compared to the previous year, with a 12.28 % increase quarter-on-quarter. Operating Profit surged by 117.79 % annually, and saw a -3.21 % decrease from the last quarter.
Net Profit showed yearly increase of 1764.71 %, and experienced a 64.06 % increase from the previous quarter. Earnings Per Share (EPS) rose by 1765.96 % annually, however rose by 63.98 % compared to the last quarter. In essence, while Franklin 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.
