Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 6.44 % in the past year, substantial increase in net sales/revenue by 40.14 %.
- 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 0 %. Marginal decrease of -81.82% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for INCREDIBLE INDUSTRIES LIMITED. Notable increase of 6.74 % in net profit Year to Year, INCREDIBLE INDUSTRIES LIMITED’s profitability increased by 217.92 % in this quarter.
- EPS over the Year and quarter: EPS increased by 6.45 % Year to Year. EPS increased by 200 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 208.892 Cr | Rs. 158.664 Cr | Rs. 222.348 Cr | + 40.14 % | + 6.44 % |
Expenses | Rs. 202.16 Cr | Rs. 154.28 Cr | Rs. 214.7 Cr | + 39.16 % | + 6.2 % |
Operating Profit | Rs. 6.73 Cr | Rs. 4.38 Cr | Rs. 7.65 Cr | + 74.66 % | + 13.67 % |
OPM % | 3.22 % | 2.76 % | 3.44 % | + 0.68 % | + 0.22 % |
Other Income | Rs. 0.1 Cr | Rs. 0.55 Cr | Rs. 0.1 Cr | -81.82 % | + 0 % |
Interest | Rs. 1.31 Cr | Rs. 1.5 Cr | Rs. 1.17 Cr | -22 % | -10.69 % |
Depreciation | Rs. 1.44 Cr | Rs. 1.42 Cr | Rs. 1.41 Cr | -0.7 % | -2.08 % |
Profit before tax | Rs. 4.08 Cr | Rs. 2.01 Cr | Rs. 5.17 Cr | + 157.21 % | + 26.72 % |
Tax % | 28.37 % | 51.17 % | 39.59 % | -11.58 % | + 11.22 % |
Net Profit | Rs. 2.93 Cr | Rs. 0.98 Cr | Rs. 3.12 Cr | + 218.37 % | + 6.48 % |
EPS in Rs | Rs. 0.62 | Rs. 0.22 | Rs. 0.66 | + 200 % | + 6.45 % |
Today, we’re looking at INCREDIBLE 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 6.44 %. However, it did see a marginal increase of 40.14 % from the previous quarter. Expenses ticked up slightly by 39.16 % quarter-on-quarter, aligning with the annual rise of 6.2 %. Operating profit, while up 13.67 % compared to last year, faced a quarter-on-quarter increase of 74.66 %, 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 0.22 %, but an expansion of 0.68 % sequentially. Other income fell by -81.82 % compared to the last quarter, despite an annual growth of 0 %. Interest expenses dropped significantly by -22 % from the previous quarter, yet the year-over-year decrease remains at a moderate -10.69 %. Depreciation costs fell by -0.7 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -2.08 %. Profit before tax grew annually by 26.72 % but saw an increase from the preceding quarter by 157.21 %.
Tax expenses as a percentage of profits increased slightly by 11.22 % compared to last year, with a more notable quarter-on-quarter decrease of -11.58 %. Net profit rose by 6.48 % year-on-year but experienced a 218.37 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 6.45 % but a quarterly rise of 200 %. In summary, INCREDIBLE 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. 208.892 Cr | Rs. 158.664 Cr | Rs. 222.348 Cr | + 40.14 % | + 6.44 % |
Expenses | Rs. 202.16 Cr | Rs. 154.28 Cr | Rs. 214.7 Cr | + 39.16 % | + 6.2 % |
Operating Profit | Rs. 6.73 Cr | Rs. 4.38 Cr | Rs. 7.65 Cr | + 74.66 % | + 13.67 % |
Net Profit | Rs. 2.93 Cr | Rs. 0.98 Cr | Rs. 3.12 Cr | + 218.37 % | + 6.48 % |
EPS in Rs | Rs. 0.62 | Rs. 0.22 | Rs. 0.66 | + 200 % | + 6.45 % |
In reviewing INCREDIBLE INDUSTRIES LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 6.44 % year-on-year growth, however, there was a minor increase of 40.14 % from the previous quarter. Expenses rose by 6.2 % compared to the previous year, with a 39.16 % increase quarter-on-quarter. Operating Profit surged by 13.67 % annually, and saw a 74.66 % increase from the last quarter.
Net Profit showed yearly increase of 6.48 %, and experienced a 218.37 % increase from the previous quarter. Earnings Per Share (EPS) rose by 6.45 % annually, however rose by 200 % compared to the last quarter. In essence, while INCREDIBLE 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.