Share the post "Kalpataru Projects International : Q1 2024 Financial Quarterly Report : YoY Sales Up 8.16 %, QoQ Down 23.18 %"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 8.16 % in the past year, decrease in net sales/revenue by -23.18 %.
- 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 22.22 %. Marginal increase in other income during this quarter, up by 10%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Kalpataru Projects International Limited. Profit dropped by -25.66 % Year to Year, Kalpataru Projects International Limited’s profitability dropped by -50.3 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -19.46 % Year to Year. EPS decreased by -43.52 % 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. 4241 Cr | Rs. 5971 Cr | Rs. 4587 Cr | -23.18 % | + 8.16 % |
| Expenses | Rs. 3859 Cr | Rs. 5519 Cr | Rs. 4209 Cr | -23.74 % | + 9.07 % |
| Operating Profit | Rs. 382 Cr | Rs. 452 Cr | Rs. 378 Cr | -16.37 % | -1.05 % |
| OPM % | 9.01 % | 7.57 % | 8.24 % | + 0.67 % | -0.77 % |
| Other Income | Rs. 18 Cr | Rs. 20 Cr | Rs. 22 Cr | + 10 % | + 22.22 % |
| Interest | Rs. 115 Cr | Rs. 142 Cr | Rs. 144 Cr | + 1.41 % | + 25.22 % |
| Depreciation | Rs. 120 Cr | Rs. 119 Cr | Rs. 119 Cr | + 0 % | -0.83 % |
| Profit before tax | Rs. 165 Cr | Rs. 211 Cr | Rs. 137 Cr | -35.07 % | -16.97 % |
| Tax % | 31.52 % | 19.91 % | 38.69 % | + 18.78 % | + 7.17 % |
| Net Profit | Rs. 113 Cr | Rs. 169 Cr | Rs. 84 Cr | -50.3 % | -25.66 % |
| EPS in Rs | Rs. 7.09 | Rs. 10.11 | Rs. 5.71 | -43.52 % | -19.46 % |
Today, we’re looking at Kalpataru Projects International Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 8.16 %. However, it did see a marginal slip of -23.18 % from the previous quarter. Expenses decreased slightly by -23.74 % quarter-on-quarter, aligning with the annual rise of 9.07 %. Operating profit, while down -1.05 % compared to last year, faced a quarter-on-quarter dip of -16.37 %, 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 -0.77 %, but an expansion of 0.67 % sequentially. Other income rose by 10 % compared to the last quarter, despite an annual growth of 22.22 %. Interest expenses surged remarkably by 1.41 % from the previous quarter, yet the year-over-year increase remains at a moderate 25.22 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -0.83 %. Profit before tax declined annually by -16.97 % but saw a reduction from the preceding quarter by -35.07 %.
Tax expenses as a percentage of profits increased slightly by 7.17 % compared to last year, with a more notable quarter-on-quarter increase of 18.78 %. Net profit fell by -25.66 % year-on-year but witnessed a -50.3 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -19.46 % but a quarterly fall of -43.52 %. In summary, Kalpataru Projects International Limited’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. 4241 Cr | Rs. 5971 Cr | Rs. 4587 Cr | -23.18 % | + 8.16 % |
| Expenses | Rs. 3859 Cr | Rs. 5519 Cr | Rs. 4209 Cr | -23.74 % | + 9.07 % |
| Operating Profit | Rs. 382 Cr | Rs. 452 Cr | Rs. 378 Cr | -16.37 % | -1.05 % |
| Net Profit | Rs. 113 Cr | Rs. 169 Cr | Rs. 84 Cr | -50.3 % | -25.66 % |
| EPS in Rs | Rs. 7.09 | Rs. 10.11 | Rs. 5.71 | -43.52 % | -19.46 % |
In reviewing Kalpataru Projects International Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 8.16 % year-on-year growth, although there was a slight dip of -23.18 % from the previous quarter. Expenses rose by 9.07 % compared to the previous year, with a decrease of -23.74 % quarter-on-quarter. Operating Profit dropped by -1.05 % annually, and saw a -16.37 % decrease from the last quarter.
Net Profit showed yearly decrease of -25.66 %, and experienced a -50.3 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -19.46 % annually, however dipped by -43.52 % compared to the last quarter. In essence, while Kalpataru Projects International Limited 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.
