Share the post "Indo Amines : Q4 2024 Financial Quarterly Report : YoY Sales Up 7.96 %, QoQ Up 30.63 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 7.96 % in the past year, substantial increase in net sales/revenue by 30.63 %.
- 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 130.96 %. Marginal increase in other income during this quarter, up by 126.37%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Indo Amines Ltd.. Profit dropped by -46.77 % Year to Year, Indo Amines Ltd.’s profitability dropped by -5.21 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -45.90 % Year to Year. EPS increased by 1.54 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 234.571 Cr | Rs. 193.854 Cr | Rs. 253.237 Cr | + 30.63 % | + 7.96 % |
Expenses | Rs. 203.56 Cr | Rs. 173.79 Cr | Rs. 235.8 Cr | + 35.68 % | + 15.84 % |
Operating Profit | Rs. 31.01 Cr | Rs. 20.06 Cr | Rs. 17.44 Cr | -13.06 % | -43.76 % |
OPM % | 13.22 % | 10.35 % | 6.89 % | -3.46 % | -6.33 % |
Other Income | Rs. 1.97 Cr | Rs. 2.01 Cr | Rs. 4.55 Cr | + 126.37 % | + 130.96 % |
Interest | Rs. 5.23 Cr | Rs. 5.7 Cr | Rs. 5.15 Cr | -9.65 % | -1.53 % |
Depreciation | Rs. 4.44 Cr | Rs. 3.9 Cr | Rs. 4.3 Cr | + 10.26 % | -3.15 % |
Profit before tax | Rs. 23.31 Cr | Rs. 12.47 Cr | Rs. 12.54 Cr | + 0.56 % | -46.2 % |
Tax % | 26.53 % | 22.86 % | 27.21 % | + 4.35 % | + 0.68 % |
Net Profit | Rs. 17.13 Cr | Rs. 9.62 Cr | Rs. 9.12 Cr | -5.2 % | -46.76 % |
EPS in Rs | Rs. 2.44 | Rs. 1.3 | Rs. 1.32 | + 1.54 % | -45.9 % |
Today, we’re looking at Indo Amines 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 7.96 %. However, it did see a marginal increase of 30.63 % from the previous quarter. Expenses ticked up slightly by 35.68 % quarter-on-quarter, aligning with the annual rise of 15.84 %. Operating profit, while down -43.76 % compared to last year, faced a quarter-on-quarter dip of -13.06 %, 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 -6.33 %, but a shrinkage of -3.46 % sequentially. Other income rose by 126.37 % compared to the last quarter, despite an annual growth of 130.96 %. Interest expenses dropped significantly by -9.65 % from the previous quarter, yet the year-over-year decrease remains at a moderate -1.53 %. Depreciation costs climbed by 10.26 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -3.15 %. Profit before tax declined annually by -46.2 % but saw an increase from the preceding quarter by 0.56 %.
Tax expenses as a percentage of profits increased slightly by 0.68 % compared to last year, with a more notable quarter-on-quarter increase of 4.35 %. Net profit fell by -46.76 % year-on-year but witnessed a -5.2 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -45.9 % but a quarterly rise of 1.54 %. In summary, Indo Amines 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. 234.571 Cr | Rs. 193.854 Cr | Rs. 253.237 Cr | + 30.63 % | + 7.96 % |
Expenses | Rs. 203.56 Cr | Rs. 173.79 Cr | Rs. 235.8 Cr | + 35.68 % | + 15.84 % |
Operating Profit | Rs. 31.01 Cr | Rs. 20.06 Cr | Rs. 17.44 Cr | -13.06 % | -43.76 % |
Net Profit | Rs. 17.13 Cr | Rs. 9.62 Cr | Rs. 9.12 Cr | -5.2 % | -46.76 % |
EPS in Rs | Rs. 2.44 | Rs. 1.3 | Rs. 1.32 | + 1.54 % | -45.9 % |
In reviewing Indo Amines Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7.96 % year-on-year growth, however, there was a minor increase of 30.63 % from the previous quarter. Expenses rose by 15.84 % compared to the previous year, with a 35.68 % increase quarter-on-quarter. Operating Profit dropped by -43.76 % annually, and saw a -13.06 % decrease from the last quarter.
Net Profit showed yearly decrease of -46.76 %, and experienced a -5.2 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -45.9 % annually, however rose by 1.54 % compared to the last quarter. In essence, while Indo Amines Ltd. faces strong annual decline 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.