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Highlights
- Sales over the Year and quarter: The company’s sales declined by -4.36 % over the year, substantial increase in net sales/revenue by 4.58 %.
- 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 55.6 %. Marginal increase in other income during this quarter, up by 54.86%.
- Profit over the Year and quarter: Significant improvement in profitability for JK Lakshmi Cement Limited. Notable increase of 41.13 % in net profit Year to Year, JK Lakshmi Cement Limited’s profitability increased by 7.93 % in this quarter.
- EPS over the Year and quarter: EPS increased by 42.67 % Year to Year. EPS increased by 9.25 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1862.07 Cr | Rs. 1702.84 Cr | Rs. 1780.85 Cr | + 4.58 % | -4.36 % |
Expenses | Rs. 1629.41 Cr | Rs. 1400.7 Cr | Rs. 1444.33 Cr | + 3.11 % | -11.36 % |
Operating Profit | Rs. 232.66 Cr | Rs. 302.14 Cr | Rs. 336.52 Cr | + 11.38 % | + 44.64 % |
OPM % | 12.49 % | 17.74 % | 18.9 % | + 1.16 % | + 6.41 % |
Other Income | Rs. 16.69 Cr | Rs. 16.77 Cr | Rs. 25.97 Cr | + 54.86 % | + 55.6 % |
Interest | Rs. 28.73 Cr | Rs. 39.11 Cr | Rs. 44.62 Cr | + 14.09 % | + 55.31 % |
Depreciation | Rs. 58.81 Cr | Rs. 65.71 Cr | Rs. 67.87 Cr | + 3.29 % | + 15.41 % |
Profit before tax | Rs. 161.81 Cr | Rs. 214.09 Cr | Rs. 250 Cr | + 16.77 % | + 54.5 % |
Tax % | 29.03 % | 32.67 % | 35.13 % | + 2.46 % | + 6.1 % |
Net Profit | Rs. 114.83 Cr | Rs. 150.15 Cr | Rs. 162.06 Cr | + 7.93 % | + 41.13 % |
EPS in Rs | Rs. 9.35 | Rs. 12.21 | Rs. 13.34 | + 9.25 % | + 42.67 % |
Today, we’re looking at JK Lakshmi Cement Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -4.36 %. However, it did see a marginal increase of 4.58 % from the previous quarter. Expenses ticked up slightly by 3.11 % quarter-on-quarter, aligning with the annual decline of -11.36 %. Operating profit, while up 44.64 % compared to last year, faced a quarter-on-quarter increase of 11.38 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 6.41 %, but an expansion of 1.16 % sequentially. Other income rose by 54.86 % compared to the last quarter, despite an annual growth of 55.6 %. Interest expenses surged remarkably by 14.09 % from the previous quarter, yet the year-over-year increase remains at a moderate 55.31 %. Depreciation costs climbed by 3.29 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 15.41 %. Profit before tax grew annually by 54.5 % but saw an increase from the preceding quarter by 16.77 %.
Tax expenses as a percentage of profits increased slightly by 6.1 % compared to last year, with a more notable quarter-on-quarter increase of 2.46 %. Net profit rose by 41.13 % year-on-year but experienced a 7.93 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 42.67 % but a quarterly rise of 9.25 %. In summary, JK Lakshmi Cement Limited’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. 1862.07 Cr | Rs. 1702.84 Cr | Rs. 1780.85 Cr | + 4.58 % | -4.36 % |
Expenses | Rs. 1629.41 Cr | Rs. 1400.7 Cr | Rs. 1444.33 Cr | + 3.11 % | -11.36 % |
Operating Profit | Rs. 232.66 Cr | Rs. 302.14 Cr | Rs. 336.52 Cr | + 11.38 % | + 44.64 % |
Net Profit | Rs. 114.83 Cr | Rs. 150.15 Cr | Rs. 162.06 Cr | + 7.93 % | + 41.13 % |
EPS in Rs | Rs. 9.35 | Rs. 12.21 | Rs. 13.34 | + 9.25 % | + 42.67 % |
In reviewing JK Lakshmi Cement Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -4.36 % year-on-year, however, there was a minor increase of 4.58 % from the previous quarter. Expenses decreased by -11.36 % compared to the previous year, with a 3.11 % increase quarter-on-quarter. Operating Profit surged by 44.64 % annually, and saw a 11.38 % increase from the last quarter.
Net Profit showed yearly increase of 41.13 %, and experienced a 7.93 % increase from the previous quarter. Earnings Per Share (EPS) rose by 42.67 % annually, however rose by 9.25 % compared to the last quarter. In essence, while JK Lakshmi Cement Limited 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.
5
3-Year Profit
50
5-Year Profit
17
10-Year Profit
770
Current Price
9,059
Market Cap
For the company identified by BSE code 500380, the financial performance highlights a solid five-year profit of 50 percents. This figure escalates to 5 percents over the three-year period, pointing to positive momentum in its earnings. Despite these encouraging trends, the trailing twelve-month (TTM) figures uncover an alarming profit loss of 66 percents. This decline, coupled with the fact that the company recorded zero sales across all periods examined, raises red flags about the sustainability of its business model and its ability to generate consistent revenue. Furthermore, the stock price fluctuations during this period further reflect the company's uncertain position. The stock started at 20 percents but has since plummeted to 19 percents recently, painting a picture of rapid decline. Over a longer ten-year horizon, the stock price stood at 8 percents, further underscoring the long-term challenges the company faces in maintaining investor confidence and market value.
The company has a market capitalization of ₹9,059 crore and is currently trading at ₹770 per share. Historically, the stock has fluctuated within a range of ₹1,000 / 635, reflecting both the opportunities and risks that investors perceive in the company. The P/E ratio, at 19.9, is relatively high, suggesting that the market has priced in substantial future growth or is willing to pay a premium for the company’s current earnings. The book value per share stands at ₹271, which reflects the net asset value of the company divided by the number of outstanding shares. The dividend yield is 0.84%, providing shareholders with a consistent return on their investment. ROCE is 17.0%, indicating how well the company is using its capital to generate profits, while ROE at 15.4% highlights the returns generated from shareholders' equity. The debt-to-equity ratio is 0.65, signaling low financial leverage, which is typically seen as a positive indicator of financial health. However, the company’s negative net cash flow of ₹-16.3 crore might raise concerns about its cash generation capabilities or capital expenditures. With a Piotroski score of 7.00, the company's financial stability is evaluated on several factors. Finally, the Graham Number, at ₹490, provides an estimate of the stock’s intrinsic value, while the Price-to-Book (P/B) ratio of 2.84 highlights that the stock is trading at a premium to its book value, potentially reflecting positive market sentiment or overvaluation risks.