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Highlights
- Sales over the Year and quarter: The company’s sales declined by -44.67 % over the year, decrease in net sales/revenue by -20.76 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -119.44 %, Marginal decrease of -128% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for KALLAM TEXTILES LTD. Notable increase of 40.2 % in net profit Year to Year, KALLAM TEXTILES LTD’s profitability dropped by -1.75 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 40.54 % Year to Year. EPS decreased by -1.89 % 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. 111.958 Cr | Rs. 78.173 Cr | Rs. 61.942 Cr | -20.76 % | -44.67 % |
| Expenses | Rs. 105.43 Cr | Rs. 82.54 Cr | Rs. 64.07 Cr | -22.38 % | -39.23 % |
| Operating Profit | Rs. 6.53 Cr | Rs. -4.37 Cr | Rs. -2.13 Cr | + 51.26 % | -132.62 % |
| OPM % | 5.83 % | -5.59 % | -3.44 % | + 2.15 % | -9.27 % |
| Other Income | Rs. 0.36 Cr | Rs. 0.25 Cr | Rs. -0.07 Cr | -128 % | -119.44 % |
| Interest | Rs. 7.87 Cr | Rs. 8.56 Cr | Rs. 10.02 Cr | + 17.06 % | + 27.32 % |
| Depreciation | Rs. 3.92 Cr | Rs. 4.08 Cr | Rs. 3.99 Cr | -2.21 % | + 1.79 % |
| Profit before tax | Rs. -4.9 Cr | Rs. -16.76 Cr | Rs. -16.21 Cr | + 3.28 % | -230.82 % |
| Tax % | -30.83 % | -33.3 % | -32.25 % | + 1.05 % | -1.42 % |
| Net Profit | Rs. -7.83 Cr | Rs. -11.18 Cr | Rs. -10.98 Cr | + 1.79 % | -40.23 % |
| EPS in Rs | Rs. -1.48 | Rs. -2.12 | Rs. -2.08 | + 1.89 % | -40.54 % |
Today, we’re looking at KALLAM 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 -44.67 %. However, it did see a marginal slip of -20.76 % from the previous quarter. Expenses decreased slightly by -22.38 % quarter-on-quarter, aligning with the annual decline of -39.23 %. Operating profit, while down -132.62 % compared to last year, faced a quarter-on-quarter increase of 51.26 %, 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 -9.27 %, but an expansion of 2.15 % sequentially. Other income fell by -128 % compared to the last quarter, despite an annual decline of -119.44 %. Interest expenses surged remarkably by 17.06 % from the previous quarter, yet the year-over-year increase remains at a moderate 27.32 %. Depreciation costs fell by -2.21 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 1.79 %. Profit before tax declined annually by -230.82 % but saw an increase from the preceding quarter by 3.28 %.
Tax expenses as a percentage of profits decreased slightly by -1.42 % compared to last year, with a more notable quarter-on-quarter increase of 1.05 %. Net profit fell by -40.23 % year-on-year but experienced a 1.79 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -40.54 % but a quarterly rise of 1.89 %. In summary, KALLAM 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. 111.958 Cr | Rs. 78.173 Cr | Rs. 61.942 Cr | -20.76 % | -44.67 % |
| Expenses | Rs. 105.43 Cr | Rs. 82.54 Cr | Rs. 64.07 Cr | -22.38 % | -39.23 % |
| Operating Profit | Rs. 6.53 Cr | Rs. -4.37 Cr | Rs. -2.13 Cr | + 51.26 % | -132.62 % |
| Net Profit | Rs. -7.83 Cr | Rs. -11.18 Cr | Rs. -10.98 Cr | + 1.79 % | -40.23 % |
| EPS in Rs | Rs. -1.48 | Rs. -2.12 | Rs. -2.08 | + 1.89 % | -40.54 % |
In reviewing KALLAM TEXTILES LTD’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -44.67 % year-on-year, although there was a slight dip of -20.76 % from the previous quarter. Expenses decreased by -39.23 % compared to the previous year, with a decrease of -22.38 % quarter-on-quarter. Operating Profit dropped by -132.62 % annually, and saw a 51.26 % increase from the last quarter.
Net Profit showed yearly decrease of -40.23 %, and experienced a 1.79 % increase from the previous quarter. Earnings Per Share (EPS) fell by -40.54 % annually, however rose by 1.89 % compared to the last quarter. In essence, while KALLAM TEXTILES 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.
