Share the post "K.P.R. Mill Ltd.’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales decreased by 12.97 % in YoY and increased by 36.69 % in QoQ"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -12.97 % over the year, substantial increase in net sales/revenue by 36.69 %.
- 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 42.05 %. Marginal decrease of -57.52% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for K.P.R. Mill Ltd.. Notable increase of 1.94 % in net profit Year to Year, K.P.R. Mill Ltd.’s profitability increased by 14.19 % in this quarter.
- EPS over the Year and quarter: EPS increased by 1.96 % Year to Year. EPS increased by 14.26 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1949.66 Cr | Rs. 1241.31 Cr | Rs. 1696.72 Cr | + 36.69 % | -12.97 % |
Expenses | Rs. 1629.36 Cr | Rs. 969.75 Cr | Rs. 1361.65 Cr | + 40.41 % | -16.43 % |
Operating Profit | Rs. 320.3 Cr | Rs. 271.56 Cr | Rs. 335.07 Cr | + 23.39 % | + 4.61 % |
OPM % | 16.43 % | 21.88 % | 19.75 % | -2.13 % | + 3.32 % |
Other Income | Rs. 8.37 Cr | Rs. 27.99 Cr | Rs. 11.89 Cr | -57.52 % | + 42.05 % |
Interest | Rs. 21.31 Cr | Rs. 14.92 Cr | Rs. 19.69 Cr | + 31.97 % | -7.6 % |
Depreciation | Rs. 46.1 Cr | Rs. 48.62 Cr | Rs. 49.36 Cr | + 1.52 % | + 7.07 % |
Profit before tax | Rs. 261.26 Cr | Rs. 236.01 Cr | Rs. 277.91 Cr | + 17.75 % | + 6.37 % |
Tax % | 19.79 % | 20.74 % | 23.14 % | + 2.4 % | + 3.35 % |
Net Profit | Rs. 209.55 Cr | Rs. 187.06 Cr | Rs. 213.61 Cr | + 14.19 % | + 1.94 % |
EPS in Rs | Rs. 6.13 | Rs. 5.47 | Rs. 6.25 | + 14.26 % | + 1.96 % |
Today, we’re looking at K.P.R. Mill 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 -12.97 %. However, it did see a marginal increase of 36.69 % from the previous quarter. Expenses ticked up slightly by 40.41 % quarter-on-quarter, aligning with the annual decline of -16.43 %. Operating profit, while up 4.61 % compared to last year, faced a quarter-on-quarter increase of 23.39 %, 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 3.32 %, but a shrinkage of -2.13 % sequentially. Other income fell by -57.52 % compared to the last quarter, despite an annual growth of 42.05 %. Interest expenses surged remarkably by 31.97 % from the previous quarter, yet the year-over-year decrease remains at a moderate -7.6 %. Depreciation costs climbed by 1.52 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 7.07 %. Profit before tax grew annually by 6.37 % but saw an increase from the preceding quarter by 17.75 %.
Tax expenses as a percentage of profits increased slightly by 3.35 % compared to last year, with a more notable quarter-on-quarter increase of 2.4 %. Net profit rose by 1.94 % year-on-year but experienced a 14.19 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 1.96 % but a quarterly rise of 14.26 %. In summary, K.P.R. Mill 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. 1949.66 Cr | Rs. 1241.31 Cr | Rs. 1696.72 Cr | + 36.69 % | -12.97 % |
Expenses | Rs. 1629.36 Cr | Rs. 969.75 Cr | Rs. 1361.65 Cr | + 40.41 % | -16.43 % |
Operating Profit | Rs. 320.3 Cr | Rs. 271.56 Cr | Rs. 335.07 Cr | + 23.39 % | + 4.61 % |
Net Profit | Rs. 209.55 Cr | Rs. 187.06 Cr | Rs. 213.61 Cr | + 14.19 % | + 1.94 % |
EPS in Rs | Rs. 6.13 | Rs. 5.47 | Rs. 6.25 | + 14.26 % | + 1.96 % |
In reviewing K.P.R. Mill Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -12.97 % year-on-year, however, there was a minor increase of 36.69 % from the previous quarter. Expenses decreased by -16.43 % compared to the previous year, with a 40.41 % increase quarter-on-quarter. Operating Profit surged by 4.61 % annually, and saw a 23.39 % increase from the last quarter.
Net Profit showed yearly increase of 1.94 %, and experienced a 14.19 % increase from the previous quarter. Earnings Per Share (EPS) rose by 1.96 % annually, however rose by 14.26 % compared to the last quarter. In essence, while K.P.R. Mill 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.