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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 51.43 % in the past year, substantial increase in net sales/revenue by 33.67 %.
- 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 119.05 %. Marginal increase in other income during this quarter, up by 820%.
- Profit over the Year and quarter: Significant improvement in profitability for Frontier Springs Ltd.. Notable increase of 132.76 % in net profit Year to Year, Frontier Springs Ltd.’s profitability increased by 56.81 % in this quarter.
- EPS over the Year and quarter: EPS increased by 153.08 % Year to Year. EPS increased by 31.07 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 29.152 Cr | Rs. 33.024 Cr | Rs. 44.144 Cr | + 33.67 % | + 51.43 % |
Expenses | Rs. 25.46 Cr | Rs. 27.86 Cr | Rs. 36.72 Cr | + 31.8 % | + 44.23 % |
Operating Profit | Rs. 3.69 Cr | Rs. 5.16 Cr | Rs. 7.42 Cr | + 43.8 % | + 101.08 % |
OPM % | 12.66 % | 15.63 % | 16.81 % | + 1.18 % | + 4.15 % |
Other Income | Rs. 0.21 Cr | Rs. 0.05 Cr | Rs. 0.46 Cr | + 820 % | + 119.05 % |
Interest | Rs. 0.06 Cr | Rs. 0.04 Cr | Rs. 0.06 Cr | + 50 % | + 0 % |
Depreciation | Rs. 0.97 Cr | Rs. 0.86 Cr | Rs. 1.08 Cr | + 25.58 % | + 11.34 % |
Profit before tax | Rs. 2.87 Cr | Rs. 4.31 Cr | Rs. 6.74 Cr | + 56.38 % | + 134.84 % |
Tax % | 24.39 % | 25.2 % | 25.1 % | -0.1 % | + 0.71 % |
Net Profit | Rs. 2.17 Cr | Rs. 3.22 Cr | Rs. 5.05 Cr | + 56.83 % | + 132.72 % |
EPS in Rs | Rs. 5.35 | Rs. 10.33 | Rs. 13.54 | + 31.07 % | + 153.08 % |
Today, we’re looking at Frontier Springs 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 51.43 %. However, it did see a marginal increase of 33.67 % from the previous quarter. Expenses ticked up slightly by 31.8 % quarter-on-quarter, aligning with the annual rise of 44.23 %. Operating profit, while up 101.08 % compared to last year, faced a quarter-on-quarter increase of 43.8 %, 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 4.15 %, but an expansion of 1.18 % sequentially. Other income rose by 820 % compared to the last quarter, despite an annual growth of 119.05 %. Interest expenses surged remarkably by 50 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs climbed by 25.58 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 11.34 %. Profit before tax grew annually by 134.84 % but saw an increase from the preceding quarter by 56.38 %.
Tax expenses as a percentage of profits increased slightly by 0.71 % compared to last year, with a more notable quarter-on-quarter decrease of -0.1 %. Net profit rose by 132.72 % year-on-year but experienced a 56.83 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 153.08 % but a quarterly rise of 31.07 %. In summary, Frontier Springs 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. 29.152 Cr | Rs. 33.024 Cr | Rs. 44.144 Cr | + 33.67 % | + 51.43 % |
Expenses | Rs. 25.46 Cr | Rs. 27.86 Cr | Rs. 36.72 Cr | + 31.8 % | + 44.23 % |
Operating Profit | Rs. 3.69 Cr | Rs. 5.16 Cr | Rs. 7.42 Cr | + 43.8 % | + 101.08 % |
Net Profit | Rs. 2.17 Cr | Rs. 3.22 Cr | Rs. 5.05 Cr | + 56.83 % | + 132.72 % |
EPS in Rs | Rs. 5.35 | Rs. 10.33 | Rs. 13.54 | + 31.07 % | + 153.08 % |
In reviewing Frontier Springs Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 51.43 % year-on-year growth, however, there was a minor increase of 33.67 % from the previous quarter. Expenses rose by 44.23 % compared to the previous year, with a 31.8 % increase quarter-on-quarter. Operating Profit surged by 101.08 % annually, and saw a 43.8 % increase from the last quarter.
Net Profit showed yearly increase of 132.72 %, and experienced a 56.83 % increase from the previous quarter. Earnings Per Share (EPS) rose by 153.08 % annually, however rose by 31.07 % compared to the last quarter. In essence, while Frontier Springs Ltd. 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.