Share the post "Kalyani Steels Ltd : .Q4 .2024 .Quarterly Earnings: .YoY Sales Up .9.41. %, QoQ Up .4.81. %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 9.41 % in the past year, substantial increase in net sales/revenue by 4.81 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -11.95 %, Marginal increase in other income during this quarter, up by 6.54%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Kalyani Steels Ltd. Profit dropped by -10.26 % Year to Year, Kalyani Steels Ltd’s profitability dropped by -4.26 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -10.21 % Year to Year. EPS decreased by -4.28 % 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. 459.575 Cr | Rs. 479.755 Cr | Rs. 502.826 Cr | + 4.81 % | + 9.41 % |
Expenses | Rs. 357.7 Cr | Rs. 384.17 Cr | Rs. 412.76 Cr | + 7.44 % | + 15.39 % |
Operating Profit | Rs. 101.88 Cr | Rs. 95.59 Cr | Rs. 90.07 Cr | -5.77 % | -11.59 % |
OPM % | 22.17 % | 19.92 % | 17.91 % | -2.01 % | -4.26 % |
Other Income | Rs. 14.81 Cr | Rs. 12.24 Cr | Rs. 13.04 Cr | + 6.54 % | -11.95 % |
Interest | Rs. 8.57 Cr | Rs. 5.45 Cr | Rs. 3.47 Cr | -36.33 % | -59.51 % |
Depreciation | Rs. 13.32 Cr | Rs. 14.77 Cr | Rs. 15.26 Cr | + 3.32 % | + 14.56 % |
Profit before tax | Rs. 94.8 Cr | Rs. 87.61 Cr | Rs. 84.38 Cr | -3.69 % | -10.99 % |
Tax % | 26.47 % | 25.43 % | 25.88 % | + 0.45 % | -0.59 % |
Net Profit | Rs. 69.7 Cr | Rs. 65.33 Cr | Rs. 62.55 Cr | -4.26 % | -10.26 % |
EPS in Rs | Rs. 15.96 | Rs. 14.97 | Rs. 14.33 | -4.28 % | -10.21 % |
Today, we’re looking at Kalyani Steels Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 9.41 %. However, it did see a marginal increase of 4.81 % from the previous quarter. Expenses ticked up slightly by 7.44 % quarter-on-quarter, aligning with the annual rise of 15.39 %. Operating profit, while down -11.59 % compared to last year, faced a quarter-on-quarter dip of -5.77 %, 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 -4.26 %, but a shrinkage of -2.01 % sequentially. Other income rose by 6.54 % compared to the last quarter, despite an annual decline of -11.95 %. Interest expenses dropped significantly by -36.33 % from the previous quarter, yet the year-over-year decrease remains at a moderate -59.51 %. Depreciation costs climbed by 3.32 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 14.56 %. Profit before tax declined annually by -10.99 % but saw a reduction from the preceding quarter by -3.69 %.
Tax expenses as a percentage of profits decreased slightly by -0.59 % compared to last year, with a more notable quarter-on-quarter increase of 0.45 %. Net profit fell by -10.26 % year-on-year but witnessed a -4.26 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -10.21 % but a quarterly fall of -4.28 %. In summary, Kalyani Steels 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. 459.575 Cr | Rs. 479.755 Cr | Rs. 502.826 Cr | + 4.81 % | + 9.41 % |
Expenses | Rs. 357.7 Cr | Rs. 384.17 Cr | Rs. 412.76 Cr | + 7.44 % | + 15.39 % |
Operating Profit | Rs. 101.88 Cr | Rs. 95.59 Cr | Rs. 90.07 Cr | -5.77 % | -11.59 % |
Net Profit | Rs. 69.7 Cr | Rs. 65.33 Cr | Rs. 62.55 Cr | -4.26 % | -10.26 % |
EPS in Rs | Rs. 15.96 | Rs. 14.97 | Rs. 14.33 | -4.28 % | -10.21 % |
In reviewing Kalyani Steels Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 9.41 % year-on-year growth, however, there was a minor increase of 4.81 % from the previous quarter. Expenses rose by 15.39 % compared to the previous year, with a 7.44 % increase quarter-on-quarter. Operating Profit dropped by -11.59 % annually, and saw a -5.77 % decrease from the last quarter.
Net Profit showed yearly decrease of -10.26 %, and experienced a -4.26 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -10.21 % annually, however dipped by -4.28 % compared to the last quarter. In essence, while Kalyani Steels 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.