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Highlights
- Sales over the Year and quarter: The company’s sales declined by -14.75 % over the year, substantial increase in net sales/revenue by 10.68 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -60.81 %, Marginal decrease of -73.46% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for India Cements Ltd.,. Profit dropped by -73.31 % Year to Year, India Cements Ltd.,’s profitability dropped by -9137.31 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -74.19 % Year to Year.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1485.73 Cr | Rs. 1144.46 Cr | Rs. 1266.65 Cr | + 10.68 % | -14.75 % |
Expenses | Rs. 1532.81 Cr | Rs. 1095.69 Cr | Rs. 1229.09 Cr | + 12.17 % | -19.81 % |
Operating Profit | Rs. -47.08 Cr | Rs. 48.77 Cr | Rs. 37.56 Cr | -22.99 % | + 179.78 % |
OPM % | -3.17 % | 4.26 % | 2.97 % | -1.29 % | + 6.14 % |
Other Income | Rs. 24.8 Cr | Rs. 36.63 Cr | Rs. 9.72 Cr | -73.46 % | -60.81 % |
Interest | Rs. 49.93 Cr | Rs. 60.39 Cr | Rs. 64.69 Cr | + 7.12 % | + 29.56 % |
Depreciation | Rs. 54.91 Cr | Rs. 58.07 Cr | Rs. 58.06 Cr | -0.02 % | + 5.74 % |
Profit before tax | Rs. -127.12 Cr | Rs. -33.06 Cr | Rs. -75.47 Cr | -128.28 % | + 40.63 % |
Tax % | -5.45 % | -53.33 % | -1.96 % | + 51.37 % | + 3.49 % |
Net Profit | Rs. -226.9 Cr | Rs. 0.67 Cr | Rs. -60.55 Cr | -9137.31 % | + 73.31 % |
EPS in Rs | Rs. -7.4 | Rs. 0 | Rs. -1.91 | 0 % | + 74.19 % |
Today, we’re looking at India Cements Ltd.,’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -14.75 %. However, it did see a marginal increase of 10.68 % from the previous quarter. Expenses ticked up slightly by 12.17 % quarter-on-quarter, aligning with the annual decline of -19.81 %. Operating profit, while up 179.78 % compared to last year, faced a quarter-on-quarter dip of -22.99 %, 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 6.14 %, but a shrinkage of -1.29 % sequentially. Other income fell by -73.46 % compared to the last quarter, despite an annual decline of -60.81 %. Interest expenses surged remarkably by 7.12 % from the previous quarter, yet the year-over-year increase remains at a moderate 29.56 %. Depreciation costs fell by -0.02 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 5.74 %. Profit before tax grew annually by 40.63 % but saw a reduction from the preceding quarter by -128.28 %.
Tax expenses as a percentage of profits increased slightly by 3.49 % compared to last year, with a more notable quarter-on-quarter increase of 51.37 %. Net profit rose by 73.31 % year-on-year but witnessed a -9137.31 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 74.19 % In summary, India Cements 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. 1485.73 Cr | Rs. 1144.46 Cr | Rs. 1266.65 Cr | + 10.68 % | -14.75 % |
Expenses | Rs. 1532.81 Cr | Rs. 1095.69 Cr | Rs. 1229.09 Cr | + 12.17 % | -19.81 % |
Operating Profit | Rs. -47.08 Cr | Rs. 48.77 Cr | Rs. 37.56 Cr | -22.99 % | + 179.78 % |
Net Profit | Rs. -226.9 Cr | Rs. 0.67 Cr | Rs. -60.55 Cr | -9137.31 % | + 73.31 % |
EPS in Rs | Rs. -7.4 | Rs. 0 | Rs. -1.91 | 0 % | + 74.19 % |
In reviewing India Cements Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -14.75 % year-on-year, however, there was a minor increase of 10.68 % from the previous quarter. Expenses decreased by -19.81 % compared to the previous year, with a 12.17 % increase quarter-on-quarter. Operating Profit surged by 179.78 % annually, and saw a -22.99 % decrease from the last quarter.
Net Profit showed yearly increase of 73.31 %, and experienced a -9137.31 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 74.19 % annually, In essence, while India Cements 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.