Highlights
- Sales over the Year and quarter: The company’s sales declined by -80 % over the year, substantial increase in net sales/revenue by 10.53 %.
- 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 50 %. Marginal increase in other income during this quarter, up by 200%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Kakatiya Textiles Ltd.,. Profit dropped by -181.82 % Year to Year, Kakatiya Textiles Ltd.,’s profitability increased by 7.14 % in this quarter.
- EPS over the Year and quarter: EPS declined by -227.87 % Year to Year. EPS increased by 6.85 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1.05 Cr | Rs. 0.19 Cr | Rs. 0.21 Cr | + 10.53 % | -80 % |
| Expenses | Rs. 0.57 Cr | Rs. 0.49 Cr | Rs. 0.57 Cr | + 16.33 % | + 0 % |
| Operating Profit | Rs. 0.48 Cr | Rs. -0.3 Cr | Rs. -0.36 Cr | -20 % | -175 % |
| OPM % | 45.71 % | -157.89 % | -171.43 % | -13.54 % | -217.14 % |
| Other Income | Rs. 0.02 Cr | Rs. 0.01 Cr | Rs. 0.03 Cr | + 200 % | + 50 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.14 Cr | Rs. 0.13 Cr | Rs. 0.12 Cr | -7.69 % | -14.29 % |
| Profit before tax | Rs. 0.36 Cr | Rs. -0.42 Cr | Rs. -0.45 Cr | -7.14 % | -225 % |
| Tax % | 0 % | -0 % | -0 % | 0 % | 0 % |
| Net Profit | Rs. 0.55 Cr | Rs. -0.42 Cr | Rs. -0.45 Cr | -7.14 % | -181.82 % |
| EPS in Rs | Rs. 0.61 | Rs. -0.73 | Rs. -0.78 | -6.85 % | -227.87 % |
Today, we’re looking at Kakatiya Textiles 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 -80 %. However, it did see a marginal increase of 10.53 % from the previous quarter. Expenses ticked up slightly by 16.33 % quarter-on-quarter, aligning with the annual rise of 0 %. Operating profit, while down -175 % compared to last year, faced a quarter-on-quarter dip of -20 %, 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 -217.14 %, but a shrinkage of -13.54 % sequentially. Other income rose by 200 % compared to the last quarter, despite an annual growth of 50 %. Depreciation costs fell by -7.69 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -14.29 %. Profit before tax declined annually by -225 % but saw a reduction from the preceding quarter by -7.14 %.
Net profit fell by -181.82 % year-on-year but witnessed a -7.14 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -227.87 % but a quarterly fall of -6.85 %. In summary, Kakatiya Textiles 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. 1.05 Cr | Rs. 0.19 Cr | Rs. 0.21 Cr | + 10.53 % | -80 % |
| Expenses | Rs. 0.57 Cr | Rs. 0.49 Cr | Rs. 0.57 Cr | + 16.33 % | + 0 % |
| Operating Profit | Rs. 0.48 Cr | Rs. -0.3 Cr | Rs. -0.36 Cr | -20 % | -175 % |
| Net Profit | Rs. 0.55 Cr | Rs. -0.42 Cr | Rs. -0.45 Cr | -7.14 % | -181.82 % |
| EPS in Rs | Rs. 0.61 | Rs. -0.73 | Rs. -0.78 | -6.85 % | -227.87 % |
In reviewing Kakatiya Textiles Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -80 % year-on-year, however, there was a minor increase of 10.53 % from the previous quarter. Expenses rose by 0 % compared to the previous year, with a 16.33 % increase quarter-on-quarter. Operating Profit dropped by -175 % annually, and saw a -20 % decrease from the last quarter.
Net Profit showed yearly decrease of -181.82 %, and experienced a -7.14 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -227.87 % annually, however dipped by -6.85 % compared to the last quarter. In essence, while Kakatiya Textiles 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.
