Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 35.46 % in the past year, substantial increase in net sales/revenue by 53.24 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -91.43 %, Marginal decrease of -98.25% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Indo Count Industries Ltd. Profit dropped by -2.93 % Year to Year, Indo Count Industries Ltd’s profitability increased by 58.36 % in this quarter.
- EPS over the Year and quarter: EPS declined by -2.93 % Year to Year. EPS increased by 58.36 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 807.08 Cr | Rs. 713.42 Cr | Rs. 1093.259 Cr | + 53.24 % | + 35.46 % |
| Expenses | Rs. 662.89 Cr | Rs. 609.23 Cr | Rs. 927.96 Cr | + 52.32 % | + 39.99 % |
| Operating Profit | Rs. 144.19 Cr | Rs. 104.19 Cr | Rs. 165.3 Cr | + 58.65 % | + 14.64 % |
| OPM % | 17.87 % | 14.6 % | 15.12 % | + 0.52 % | -2.75 % |
| Other Income | Rs. 2.8 Cr | Rs. 13.71 Cr | Rs. 0.24 Cr | -98.25 % | -91.43 % |
| Interest | Rs. 7.08 Cr | Rs. 17.67 Cr | Rs. 19.65 Cr | + 11.21 % | + 177.54 % |
| Depreciation | Rs. 16.46 Cr | Rs. 21.62 Cr | Rs. 22.03 Cr | + 1.9 % | + 33.84 % |
| Profit before tax | Rs. 123.45 Cr | Rs. 78.61 Cr | Rs. 123.86 Cr | + 57.56 % | + 0.33 % |
| Tax % | 23.27 % | 26.14 % | 25.77 % | -0.37 % | + 2.5 % |
| Net Profit | Rs. 94.72 Cr | Rs. 58.06 Cr | Rs. 91.94 Cr | + 58.35 % | -2.93 % |
| EPS in Rs | Rs. 4.78 | Rs. 2.93 | Rs. 4.64 | + 58.36 % | -2.93 % |
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 35.46 %. However, it did see a marginal increase of 53.24 % from the previous quarter. Expenses ticked up slightly by 52.32 % quarter-on-quarter, aligning with the annual rise of 39.99 %. Operating profit, while up 14.64 % compared to last year, faced a quarter-on-quarter increase of 58.65 %, 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 -2.75 %, but an expansion of 0.52 % sequentially. Other income fell by -98.25 % compared to the last quarter, despite an annual decline of -91.43 %. Interest expenses surged remarkably by 11.21 % from the previous quarter, yet the year-over-year increase remains at a moderate 177.54 %. Depreciation costs climbed by 1.9 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 33.84 %. Profit before tax grew annually by 0.33 % but saw an increase from the preceding quarter by 57.56 %.
Tax expenses as a percentage of profits increased slightly by 2.5 % compared to last year, with a more notable quarter-on-quarter decrease of -0.37 %. Net profit fell by -2.93 % year-on-year but experienced a 58.35 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -2.93 % but a quarterly rise of 58.36 %. 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. 807.08 Cr | Rs. 713.42 Cr | Rs. 1093.259 Cr | + 53.24 % | + 35.46 % |
| Expenses | Rs. 662.89 Cr | Rs. 609.23 Cr | Rs. 927.96 Cr | + 52.32 % | + 39.99 % |
| Operating Profit | Rs. 144.19 Cr | Rs. 104.19 Cr | Rs. 165.3 Cr | + 58.65 % | + 14.64 % |
| Net Profit | Rs. 94.72 Cr | Rs. 58.06 Cr | Rs. 91.94 Cr | + 58.35 % | -2.93 % |
| EPS in Rs | Rs. 4.78 | Rs. 2.93 | Rs. 4.64 | + 58.36 % | -2.93 % |
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 35.46 % year-on-year growth, however, there was a minor increase of 53.24 % from the previous quarter. Expenses rose by 39.99 % compared to the previous year, with a 52.32 % increase quarter-on-quarter. Operating Profit surged by 14.64 % annually, and saw a 58.65 % increase from the last quarter.
Net Profit showed yearly decrease of -2.93 %, and experienced a 58.35 % increase from the previous quarter. Earnings Per Share (EPS) fell by -2.93 % annually, however rose by 58.36 % compared to the last quarter. In essence, while Indo Count Industries 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.
