Indian Metals & Ferro Alloys : Q4 2024 Financial Quarterly Report : YoY Sales Up 10 %, QoQ Up 2.23 %

The comprehensive analytics outlining the performance and outlook of Indian Metals & Ferro Alloys Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Today, we’re looking at Indian Metals & Ferro Alloys 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 10 %. However, it did see a marginal increase of 2.23 % from the previous quarter. Expenses ticked up slightly by 13.19 % quarter-on-quarter, aligning with the annual rise of 19.63 %. Operating profit, while down -24.54 % compared to last year, faced a quarter-on-quarter dip of -34.05 %, 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 -6.85 %, but a shrinkage of -8.24 % sequentially. Other income rose by 12.31 % compared to the last quarter, despite an annual growth of 127.65 %. Interest expenses dropped significantly by -37.74 % from the previous quarter, yet the year-over-year decrease remains at a moderate -42.4 %. Depreciation costs fell by -14.33 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -56.56 %. Profit before tax declined annually by -7.27 % but saw a reduction from the preceding quarter by -32.72 %.
Tax expenses as a percentage of profits decreased slightly by -0.37 % compared to last year, with a more notable quarter-on-quarter increase of 9.93 %. Net profit fell by -0.94 % year-on-year but witnessed a -41.65 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 34.71 % but a quarterly fall of -20.65 %. In summary, Indian Metals & Ferro Alloys Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Indian Metals & Ferro Alloys Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 10 % year-on-year growth, however, there was a minor increase of 2.23 % from the previous quarter. Expenses rose by 19.63 % compared to the previous year, with a 13.19 % increase quarter-on-quarter. Operating Profit dropped by -24.54 % annually, and saw a -34.05 % decrease from the last quarter.
Net Profit showed yearly decrease of -0.94 %, and experienced a -41.65 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 34.71 % annually, however dipped by -20.65 % compared to the last quarter. In essence, while Indian Metals & Ferro Alloys Limited 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.