Share the post "Kaira Can Co : Q4 2024 Financial Quarterly Report : YoY Sales Down 6.97 %, QoQ Up 6.55 %"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -6.97 % over the year, substantial increase in net sales/revenue by 6.55 %.
- 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 11.76 %. Marginal decrease of -22.45% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Kaira Can Co. Ltd.,. Profit dropped by -46.04 % Year to Year, Kaira Can Co. Ltd.,’s profitability dropped by -16.2 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -46.05 % Year to Year. EPS decreased by -16.19 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 58.477 Cr | Rs. 51.057 Cr | Rs. 54.401 Cr | + 6.55 % | -6.97 % |
Expenses | Rs. 55.62 Cr | Rs. 49.54 Cr | Rs. 52.83 Cr | + 6.64 % | -5.02 % |
Operating Profit | Rs. 2.86 Cr | Rs. 1.52 Cr | Rs. 1.57 Cr | + 3.29 % | -45.1 % |
OPM % | 4.89 % | 2.98 % | 2.89 % | -0.09 % | -2 % |
Other Income | Rs. 0.34 Cr | Rs. 0.49 Cr | Rs. 0.38 Cr | -22.45 % | + 11.76 % |
Interest | Rs. 0.01 Cr | Rs. 0.05 Cr | Rs. 0.06 Cr | + 20 % | + 500 % |
Depreciation | Rs. 1.01 Cr | Rs. 0.72 Cr | Rs. 0.75 Cr | + 4.17 % | -25.74 % |
Profit before tax | Rs. 2.18 Cr | Rs. 1.24 Cr | Rs. 1.14 Cr | -8.06 % | -47.71 % |
Tax % | 36.21 % | 27.73 % | 34.55 % | + 6.82 % | -1.66 % |
Net Profit | Rs. 1.39 Cr | Rs. 0.9 Cr | Rs. 0.75 Cr | -16.67 % | -46.04 % |
EPS in Rs | Rs. 15.07 | Rs. 9.7 | Rs. 8.13 | -16.19 % | -46.05 % |
Today, we’re looking at Kaira Can Co. 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 -6.97 %. However, it did see a marginal increase of 6.55 % from the previous quarter. Expenses ticked up slightly by 6.64 % quarter-on-quarter, aligning with the annual decline of -5.02 %. Operating profit, while down -45.1 % compared to last year, faced a quarter-on-quarter increase of 3.29 %, 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 %, but a shrinkage of -0.09 % sequentially. Other income fell by -22.45 % compared to the last quarter, despite an annual growth of 11.76 %. Interest expenses surged remarkably by 20 % from the previous quarter, yet the year-over-year increase remains at a moderate 500 %. Depreciation costs climbed by 4.17 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -25.74 %. Profit before tax declined annually by -47.71 % but saw a reduction from the preceding quarter by -8.06 %.
Tax expenses as a percentage of profits decreased slightly by -1.66 % compared to last year, with a more notable quarter-on-quarter increase of 6.82 %. Net profit fell by -46.04 % year-on-year but witnessed a -16.67 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -46.05 % but a quarterly fall of -16.19 %. In summary, Kaira Can Co. 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. 58.477 Cr | Rs. 51.057 Cr | Rs. 54.401 Cr | + 6.55 % | -6.97 % |
Expenses | Rs. 55.62 Cr | Rs. 49.54 Cr | Rs. 52.83 Cr | + 6.64 % | -5.02 % |
Operating Profit | Rs. 2.86 Cr | Rs. 1.52 Cr | Rs. 1.57 Cr | + 3.29 % | -45.1 % |
Net Profit | Rs. 1.39 Cr | Rs. 0.9 Cr | Rs. 0.75 Cr | -16.67 % | -46.04 % |
EPS in Rs | Rs. 15.07 | Rs. 9.7 | Rs. 8.13 | -16.19 % | -46.05 % |
In reviewing Kaira Can Co. Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -6.97 % year-on-year, however, there was a minor increase of 6.55 % from the previous quarter. Expenses decreased by -5.02 % compared to the previous year, with a 6.64 % increase quarter-on-quarter. Operating Profit dropped by -45.1 % annually, and saw a 3.29 % increase from the last quarter.
Net Profit showed yearly decrease of -46.04 %, and experienced a -16.67 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -46.05 % annually, however dipped by -16.19 % compared to the last quarter. In essence, while Kaira Can Co. Ltd., faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.