Share the post "Ishita Drugs & Industries : Q4 2024 Financial Quarterly Report : YoY Sales Up 71.15 %, QoQ Up 40.06 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 71.15 % in the past year, substantial increase in net sales/revenue by 40.06 %.
- 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 11.11 %. Marginal increase in other income during this quarter, up by 900%.
- Profit over the Year and quarter: Significant improvement in profitability for Ishita Drugs & Industries Ltd.. Notable increase of 57.54 % in net profit Year to Year, Ishita Drugs & Industries Ltd.’s profitability increased by 136.97 % in this quarter.
- EPS over the Year and quarter: EPS increased by 56.67 % Year to Year. EPS increased by 135 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 2.627 Cr | Rs. 3.21 Cr | Rs. 4.496 Cr | + 40.06 % | + 71.15 % |
Expenses | Rs. 2.39 Cr | Rs. 2.98 Cr | Rs. 4.2 Cr | + 40.94 % | + 75.73 % |
Operating Profit | Rs. 0.24 Cr | Rs. 0.23 Cr | Rs. 0.3 Cr | + 30.43 % | + 25 % |
OPM % | 9.14 % | 7.17 % | 6.67 % | -0.5 % | -2.47 % |
Other Income | Rs. 0.09 Cr | Rs. 0.01 Cr | Rs. 0.1 Cr | + 900 % | + 11.11 % |
Interest | Rs. 0.04 Cr | Rs. 0.04 Cr | Rs. 0.02 Cr | -50 % | -50 % |
Depreciation | Rs. 0.03 Cr | Rs. 0.03 Cr | Rs. 0.01 Cr | -66.67 % | -66.67 % |
Profit before tax | Rs. 0.26 Cr | Rs. 0.17 Cr | Rs. 0.37 Cr | + 117.65 % | + 42.31 % |
Tax % | 28.69 % | 25.63 % | 23.78 % | -1.85 % | -4.91 % |
Net Profit | Rs. 0.18 Cr | Rs. 0.12 Cr | Rs. 0.28 Cr | + 133.33 % | + 55.56 % |
EPS in Rs | Rs. 0.6 | Rs. 0.4 | Rs. 0.94 | + 135 % | + 56.67 % |
Today, we’re looking at Ishita Drugs & 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 71.15 %. However, it did see a marginal increase of 40.06 % from the previous quarter. Expenses ticked up slightly by 40.94 % quarter-on-quarter, aligning with the annual rise of 75.73 %. Operating profit, while up 25 % compared to last year, faced a quarter-on-quarter increase of 30.43 %, 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 -2.47 %, but a shrinkage of -0.5 % sequentially. Other income rose by 900 % compared to the last quarter, despite an annual growth of 11.11 %. Interest expenses dropped significantly by -50 % from the previous quarter, yet the year-over-year decrease remains at a moderate -50 %. Depreciation costs fell by -66.67 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -66.67 %. Profit before tax grew annually by 42.31 % but saw an increase from the preceding quarter by 117.65 %.
Tax expenses as a percentage of profits decreased slightly by -4.91 % compared to last year, with a more notable quarter-on-quarter decrease of -1.85 %. Net profit rose by 55.56 % year-on-year but experienced a 133.33 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 56.67 % but a quarterly rise of 135 %. In summary, Ishita Drugs & 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. 2.627 Cr | Rs. 3.21 Cr | Rs. 4.496 Cr | + 40.06 % | + 71.15 % |
Expenses | Rs. 2.39 Cr | Rs. 2.98 Cr | Rs. 4.2 Cr | + 40.94 % | + 75.73 % |
Operating Profit | Rs. 0.24 Cr | Rs. 0.23 Cr | Rs. 0.3 Cr | + 30.43 % | + 25 % |
Net Profit | Rs. 0.18 Cr | Rs. 0.12 Cr | Rs. 0.28 Cr | + 133.33 % | + 55.56 % |
EPS in Rs | Rs. 0.6 | Rs. 0.4 | Rs. 0.94 | + 135 % | + 56.67 % |
In reviewing Ishita Drugs & Industries Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 71.15 % year-on-year growth, however, there was a minor increase of 40.06 % from the previous quarter. Expenses rose by 75.73 % compared to the previous year, with a 40.94 % increase quarter-on-quarter. Operating Profit surged by 25 % annually, and saw a 30.43 % increase from the last quarter.
Net Profit showed yearly increase of 55.56 %, and experienced a 133.33 % increase from the previous quarter. Earnings Per Share (EPS) rose by 56.67 % annually, however rose by 135 % compared to the last quarter. In essence, while Ishita Drugs & 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.