Share the post "K M Sugar Mills : Q4 2024 Financial Quarterly Report : YoY Sales Up 35.73 %, QoQ Up 7.94 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 35.73 % in the past year, substantial increase in net sales/revenue by 7.94 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -30.82 %, Marginal increase in other income during this quarter, up by 10.58%.
- Profit over the Year and quarter: Significant improvement in profitability for K. M. Sugar Mills Ltd.. Notable increase of 1096.88 % in net profit Year to Year, K. M. Sugar Mills Ltd.’s profitability increased by 184.76 % in this quarter.
- EPS over the Year and quarter: EPS increased by 1,085.71 % Year to Year. EPS increased by 186.21 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 90.57 Cr | Rs. 113.89 Cr | Rs. 122.93 Cr | + 7.94 % | + 35.73 % |
| Expenses | Rs. 85.77 Cr | Rs. 105.35 Cr | Rs. 103.42 Cr | -1.83 % | + 20.58 % |
| Operating Profit | Rs. 4.8 Cr | Rs. 8.54 Cr | Rs. 19.51 Cr | + 128.45 % | + 306.46 % |
| OPM % | 5.3 % | 7.5 % | 15.87 % | + 8.37 % | + 10.57 % |
| Other Income | Rs. 4.38 Cr | Rs. 2.74 Cr | Rs. 3.03 Cr | + 10.58 % | -30.82 % |
| Interest | Rs. 3.62 Cr | Rs. 2.27 Cr | Rs. 4.96 Cr | + 118.5 % | + 37.02 % |
| Depreciation | Rs. 5.05 Cr | Rs. 5.69 Cr | Rs. 5.72 Cr | + 0.53 % | + 13.27 % |
| Profit before tax | Rs. 0.51 Cr | Rs. 3.32 Cr | Rs. 11.86 Cr | + 257.23 % | + 2225.49 % |
| Tax % | 25.49 % | 18.98 % | 35.41 % | + 16.43 % | + 9.92 % |
| Net Profit | Rs. 0.64 Cr | Rs. 2.69 Cr | Rs. 7.66 Cr | + 184.76 % | + 1096.88 % |
| EPS in Rs | Rs. 0.07 | Rs. 0.29 | Rs. 0.83 | + 186.21 % | + 1085.71 % |
Today, we’re looking at K. M. Sugar Mills 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 35.73 %. However, it did see a marginal increase of 7.94 % from the previous quarter. Expenses decreased slightly by -1.83 % quarter-on-quarter, aligning with the annual rise of 20.58 %. Operating profit, while up 306.46 % compared to last year, faced a quarter-on-quarter increase of 128.45 %, 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 10.57 %, but an expansion of 8.37 % sequentially. Other income rose by 10.58 % compared to the last quarter, despite an annual decline of -30.82 %. Interest expenses surged remarkably by 118.5 % from the previous quarter, yet the year-over-year increase remains at a moderate 37.02 %. Depreciation costs climbed by 0.53 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 13.27 %. Profit before tax grew annually by 2225.49 % but saw an increase from the preceding quarter by 257.23 %.
Tax expenses as a percentage of profits increased slightly by 9.92 % compared to last year, with a more notable quarter-on-quarter increase of 16.43 %. Net profit rose by 1096.88 % year-on-year but experienced a 184.76 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 1085.71 % but a quarterly rise of 186.21 %. In summary, K. M. Sugar Mills 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. 90.57 Cr | Rs. 113.89 Cr | Rs. 122.93 Cr | + 7.94 % | + 35.73 % |
| Expenses | Rs. 85.77 Cr | Rs. 105.35 Cr | Rs. 103.42 Cr | -1.83 % | + 20.58 % |
| Operating Profit | Rs. 4.8 Cr | Rs. 8.54 Cr | Rs. 19.51 Cr | + 128.45 % | + 306.46 % |
| Net Profit | Rs. 0.64 Cr | Rs. 2.69 Cr | Rs. 7.66 Cr | + 184.76 % | + 1096.88 % |
| EPS in Rs | Rs. 0.07 | Rs. 0.29 | Rs. 0.83 | + 186.21 % | + 1085.71 % |
In reviewing K. M. Sugar Mills Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 35.73 % year-on-year growth, however, there was a minor increase of 7.94 % from the previous quarter. Expenses rose by 20.58 % compared to the previous year, with a decrease of -1.83 % quarter-on-quarter. Operating Profit surged by 306.46 % annually, and saw a 128.45 % increase from the last quarter.
Net Profit showed yearly increase of 1096.88 %, and experienced a 184.76 % increase from the previous quarter. Earnings Per Share (EPS) rose by 1085.71 % annually, however rose by 186.21 % compared to the last quarter. In essence, while K. M. Sugar Mills 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.
