Share the post "Fredun Pharmaceuticals : Q4 2024 Financial Quarterly Report : YoY Sales Up 47.02 %, QoQ Up 35.27 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 47.02 % in the past year, substantial increase in net sales/revenue by 35.27 %.
- 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 1071.43 %. Marginal increase in other income during this quarter, up by 134.29%.
- Profit over the Year and quarter: Significant improvement in profitability for Fredun Pharmaceuticals Limited. Notable increase of 30.06 % in net profit Year to Year, Fredun Pharmaceuticals Limited’s profitability increased by 19.87 % in this quarter.
- EPS over the Year and quarter: EPS increased by 25.38 % Year to Year. EPS increased by 19.8 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 79.727 Cr | Rs. 86.655 Cr | Rs. 117.214 Cr | + 35.27 % | + 47.02 % |
Expenses | Rs. 67.55 Cr | Rs. 76.49 Cr | Rs. 106.87 Cr | + 39.72 % | + 58.21 % |
Operating Profit | Rs. 12.18 Cr | Rs. 10.17 Cr | Rs. 10.34 Cr | + 1.67 % | -15.11 % |
OPM % | 15.28 % | 11.74 % | 8.82 % | -2.92 % | -6.46 % |
Other Income | Rs. 0.07 Cr | Rs. 0.35 Cr | Rs. 0.82 Cr | + 134.29 % | + 1071.43 % |
Interest | Rs. 3.55 Cr | Rs. 3.77 Cr | Rs. 4.37 Cr | + 15.92 % | + 23.1 % |
Depreciation | Rs. 0.7 Cr | Rs. 0.99 Cr | Rs. 0.96 Cr | -3.03 % | + 37.14 % |
Profit before tax | Rs. 8 Cr | Rs. 5.76 Cr | Rs. 5.83 Cr | + 1.22 % | -27.13 % |
Tax % | 51.39 % | 26.75 % | 13.29 % | -13.46 % | -38.1 % |
Net Profit | Rs. 3.89 Cr | Rs. 4.22 Cr | Rs. 5.06 Cr | + 19.91 % | + 30.08 % |
EPS in Rs | Rs. 8.59 | Rs. 8.99 | Rs. 10.77 | + 19.8 % | + 25.38 % |
Today, we’re looking at Fredun Pharmaceuticals 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 47.02 %. However, it did see a marginal increase of 35.27 % from the previous quarter. Expenses ticked up slightly by 39.72 % quarter-on-quarter, aligning with the annual rise of 58.21 %. Operating profit, while down -15.11 % compared to last year, faced a quarter-on-quarter increase of 1.67 %, 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 -6.46 %, but a shrinkage of -2.92 % sequentially. Other income rose by 134.29 % compared to the last quarter, despite an annual growth of 1071.43 %. Interest expenses surged remarkably by 15.92 % from the previous quarter, yet the year-over-year increase remains at a moderate 23.1 %. Depreciation costs fell by -3.03 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 37.14 %. Profit before tax declined annually by -27.13 % but saw an increase from the preceding quarter by 1.22 %.
Tax expenses as a percentage of profits decreased slightly by -38.1 % compared to last year, with a more notable quarter-on-quarter decrease of -13.46 %. Net profit rose by 30.08 % year-on-year but experienced a 19.91 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 25.38 % but a quarterly rise of 19.8 %. In summary, Fredun Pharmaceuticals 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. 79.727 Cr | Rs. 86.655 Cr | Rs. 117.214 Cr | + 35.27 % | + 47.02 % |
Expenses | Rs. 67.55 Cr | Rs. 76.49 Cr | Rs. 106.87 Cr | + 39.72 % | + 58.21 % |
Operating Profit | Rs. 12.18 Cr | Rs. 10.17 Cr | Rs. 10.34 Cr | + 1.67 % | -15.11 % |
Net Profit | Rs. 3.89 Cr | Rs. 4.22 Cr | Rs. 5.06 Cr | + 19.91 % | + 30.08 % |
EPS in Rs | Rs. 8.59 | Rs. 8.99 | Rs. 10.77 | + 19.8 % | + 25.38 % |
In reviewing Fredun Pharmaceuticals Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 47.02 % year-on-year growth, however, there was a minor increase of 35.27 % from the previous quarter. Expenses rose by 58.21 % compared to the previous year, with a 39.72 % increase quarter-on-quarter. Operating Profit dropped by -15.11 % annually, and saw a 1.67 % increase from the last quarter.
Net Profit showed yearly increase of 30.08 %, and experienced a 19.91 % increase from the previous quarter. Earnings Per Share (EPS) rose by 25.38 % annually, however rose by 19.8 % compared to the last quarter. In essence, while Fredun Pharmaceuticals 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.