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Highlights
- Sales over the Year and quarter: The company’s sales declined by -0.05 % over the year, substantial increase in net sales/revenue by 0.73 %.
- 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 40.12 %. Marginal increase in other income during this quarter, up by 2.48%.
- Profit over the Year and quarter: Challenges in sustaining profitability for JK Paper Ltd.. Profit dropped by -1.74 % Year to Year, JK Paper Ltd.’s profitability increased by 17.87 % in this quarter.
- EPS over the Year and quarter: EPS declined by -1.63 % Year to Year. EPS increased by 17.22 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1719.42 Cr | Rs. 1706.22 Cr | Rs. 1718.61 Cr | + 0.73 % | -0.05 % |
Expenses | Rs. 1235.71 Cr | Rs. 1333.98 Cr | Rs. 1359.66 Cr | + 1.93 % | + 10.03 % |
Operating Profit | Rs. 483.71 Cr | Rs. 372.24 Cr | Rs. 358.95 Cr | -3.57 % | -25.79 % |
OPM % | 28.13 % | 21.82 % | 20.89 % | -0.93 % | -7.24 % |
Other Income | Rs. 41.03 Cr | Rs. 56.1 Cr | Rs. 57.49 Cr | + 2.48 % | + 40.12 % |
Interest | Rs. 63.11 Cr | Rs. 80.23 Cr | Rs. 34.62 Cr | -56.85 % | -45.14 % |
Depreciation | Rs. 80.6 Cr | Rs. 83.34 Cr | Rs. 63.35 Cr | -23.99 % | -21.4 % |
Profit before tax | Rs. 381.03 Cr | Rs. 264.77 Cr | Rs. 318.47 Cr | + 20.28 % | -16.42 % |
Tax % | 25.59 % | 10.73 % | 12.52 % | + 1.79 % | -13.07 % |
Net Profit | Rs. 283.52 Cr | Rs. 236.36 Cr | Rs. 278.6 Cr | + 17.87 % | -1.74 % |
EPS in Rs | Rs. 16.54 | Rs. 13.88 | Rs. 16.27 | + 17.22 % | -1.63 % |
Today, we’re looking at JK Paper Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -0.05 %. However, it did see a marginal increase of 0.73 % from the previous quarter. Expenses ticked up slightly by 1.93 % quarter-on-quarter, aligning with the annual rise of 10.03 %. Operating profit, while down -25.79 % compared to last year, faced a quarter-on-quarter dip of -3.57 %, 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 -7.24 %, but a shrinkage of -0.93 % sequentially. Other income rose by 2.48 % compared to the last quarter, despite an annual growth of 40.12 %. Interest expenses dropped significantly by -56.85 % from the previous quarter, yet the year-over-year decrease remains at a moderate -45.14 %. Depreciation costs fell by -23.99 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -21.4 %. Profit before tax declined annually by -16.42 % but saw an increase from the preceding quarter by 20.28 %.
Tax expenses as a percentage of profits decreased slightly by -13.07 % compared to last year, with a more notable quarter-on-quarter increase of 1.79 %. Net profit fell by -1.74 % year-on-year but experienced a 17.87 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -1.63 % but a quarterly rise of 17.22 %. In summary, JK Paper 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. 1719.42 Cr | Rs. 1706.22 Cr | Rs. 1718.61 Cr | + 0.73 % | -0.05 % |
Expenses | Rs. 1235.71 Cr | Rs. 1333.98 Cr | Rs. 1359.66 Cr | + 1.93 % | + 10.03 % |
Operating Profit | Rs. 483.71 Cr | Rs. 372.24 Cr | Rs. 358.95 Cr | -3.57 % | -25.79 % |
Net Profit | Rs. 283.52 Cr | Rs. 236.36 Cr | Rs. 278.6 Cr | + 17.87 % | -1.74 % |
EPS in Rs | Rs. 16.54 | Rs. 13.88 | Rs. 16.27 | + 17.22 % | -1.63 % |
In reviewing JK Paper Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -0.05 % year-on-year, however, there was a minor increase of 0.73 % from the previous quarter. Expenses rose by 10.03 % compared to the previous year, with a 1.93 % increase quarter-on-quarter. Operating Profit dropped by -25.79 % annually, and saw a -3.57 % decrease from the last quarter.
Net Profit showed yearly decrease of -1.74 %, and experienced a 17.87 % increase from the previous quarter. Earnings Per Share (EPS) fell by -1.63 % annually, however rose by 17.22 % compared to the last quarter. In essence, while JK Paper 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.