Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 45.7 % in the past year, substantial increase in net sales/revenue by 43.96 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -85.79 %, Marginal decrease of -96.48% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Indo Count Industries Ltd. Notable increase of 25.24 % in net profit Year to Year, Indo Count Industries Ltd’s profitability increased by 63.81 % in this quarter.
- EPS over the Year and quarter: EPS increased by 25.27 % Year to Year. EPS increased by 63.51 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 687.26 Cr | Rs. 695.57 Cr | Rs. 1001.314 Cr | + 43.96 % | + 45.7 % |
| Expenses | Rs. 556.85 Cr | Rs. 598.2 Cr | Rs. 839.52 Cr | + 40.34 % | + 50.76 % |
| Operating Profit | Rs. 130.41 Cr | Rs. 97.37 Cr | Rs. 161.79 Cr | + 66.16 % | + 24.06 % |
| OPM % | 18.98 % | 14 % | 16.16 % | + 2.16 % | -2.82 % |
| Other Income | Rs. 3.59 Cr | Rs. 14.47 Cr | Rs. 0.51 Cr | -96.48 % | -85.79 % |
| Interest | Rs. 12.28 Cr | Rs. 16.56 Cr | Rs. 18.65 Cr | + 12.62 % | + 51.87 % |
| Depreciation | Rs. 15.83 Cr | Rs. 18.73 Cr | Rs. 19.19 Cr | + 2.46 % | + 21.23 % |
| Profit before tax | Rs. 105.89 Cr | Rs. 76.55 Cr | Rs. 124.46 Cr | + 62.59 % | + 17.54 % |
| Tax % | 30.33 % | 26.32 % | 25.77 % | -0.55 % | -4.56 % |
| Net Profit | Rs. 73.77 Cr | Rs. 56.4 Cr | Rs. 92.39 Cr | + 63.81 % | + 25.24 % |
| EPS in Rs | Rs. 3.72 | Rs. 2.85 | Rs. 4.66 | + 63.51 % | + 25.27 % |
Today, we’re looking at Indo Count Industries 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 45.7 %. However, it did see a marginal increase of 43.96 % from the previous quarter. Expenses ticked up slightly by 40.34 % quarter-on-quarter, aligning with the annual rise of 50.76 %. Operating profit, while up 24.06 % compared to last year, faced a quarter-on-quarter increase of 66.16 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -2.82 %, but an expansion of 2.16 % sequentially. Other income fell by -96.48 % compared to the last quarter, despite an annual decline of -85.79 %. Interest expenses surged remarkably by 12.62 % from the previous quarter, yet the year-over-year increase remains at a moderate 51.87 %. Depreciation costs climbed by 2.46 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 21.23 %. Profit before tax grew annually by 17.54 % but saw an increase from the preceding quarter by 62.59 %.
Tax expenses as a percentage of profits decreased slightly by -4.56 % compared to last year, with a more notable quarter-on-quarter decrease of -0.55 %. Net profit rose by 25.24 % year-on-year but experienced a 63.81 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 25.27 % but a quarterly rise of 63.51 %. In summary, Indo Count Industries 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. 687.26 Cr | Rs. 695.57 Cr | Rs. 1001.314 Cr | + 43.96 % | + 45.7 % |
| Expenses | Rs. 556.85 Cr | Rs. 598.2 Cr | Rs. 839.52 Cr | + 40.34 % | + 50.76 % |
| Operating Profit | Rs. 130.41 Cr | Rs. 97.37 Cr | Rs. 161.79 Cr | + 66.16 % | + 24.06 % |
| Net Profit | Rs. 73.77 Cr | Rs. 56.4 Cr | Rs. 92.39 Cr | + 63.81 % | + 25.24 % |
| EPS in Rs | Rs. 3.72 | Rs. 2.85 | Rs. 4.66 | + 63.51 % | + 25.27 % |
In reviewing Indo Count Industries Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 45.7 % year-on-year growth, however, there was a minor increase of 43.96 % from the previous quarter. Expenses rose by 50.76 % compared to the previous year, with a 40.34 % increase quarter-on-quarter. Operating Profit surged by 24.06 % annually, and saw a 66.16 % increase from the last quarter.
Net Profit showed yearly increase of 25.24 %, and experienced a 63.81 % increase from the previous quarter. Earnings Per Share (EPS) rose by 25.27 % annually, however rose by 63.51 % compared to the last quarter. In essence, while Indo Count Industries 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.
