Share the post "Kamdhenu Ventures Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 20.26 % in YoY and increased by 7.69 % in QoQ"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 20.26 % in the past year, substantial increase in net sales/revenue by 7.69 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -11.76 %, Marginal increase in other income during this quarter, up by 50%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Kamdhenu Ventures Limited. Profit dropped by -268.68 % Year to Year, Kamdhenu Ventures Limited’s profitability increased by 2.94 % in this quarter.
- EPS over the Year and quarter: EPS declined by -108.77 % Year to Year. EPS increased by 3.08 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 70.804 Cr | Rs. 79.07 Cr | Rs. 85.147 Cr | + 7.69 % | + 20.26 % |
Expenses | Rs. 70.69 Cr | Rs. 72.91 Cr | Rs. 77.87 Cr | + 6.8 % | + 10.16 % |
Operating Profit | Rs. 0.11 Cr | Rs. 6.16 Cr | Rs. 7.28 Cr | + 18.18 % | + 6518.18 % |
OPM % | 0.16 % | 7.79 % | 8.55 % | + 0.76 % | + 8.39 % |
Other Income | Rs. 0.17 Cr | Rs. 0.1 Cr | Rs. 0.15 Cr | + 50 % | -11.76 % |
Interest | Rs. 1.09 Cr | Rs. 0.41 Cr | Rs. 0.43 Cr | + 4.88 % | -60.55 % |
Depreciation | Rs. 1.21 Cr | Rs. 1.17 Cr | Rs. 1.18 Cr | + 0.85 % | -2.48 % |
Profit before tax | Rs. -2.02 Cr | Rs. 4.68 Cr | Rs. 5.82 Cr | + 24.36 % | + 388.12 % |
Tax % | -23.73 % | 12.87 % | 27.8 % | + 14.93 % | + 51.53 % |
Net Profit | Rs. -2.49 Cr | Rs. 4.08 Cr | Rs. 4.2 Cr | + 2.94 % | + 268.67 % |
EPS in Rs | Rs. -7.64 | Rs. 0.65 | Rs. 0.67 | + 3.08 % | + 108.77 % |
Today, we’re looking at Kamdhenu Ventures Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 20.26 %. However, it did see a marginal increase of 7.69 % from the previous quarter. Expenses ticked up slightly by 6.8 % quarter-on-quarter, aligning with the annual rise of 10.16 %. Operating profit, while up 6518.18 % compared to last year, faced a quarter-on-quarter increase of 18.18 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 8.39 %, but an expansion of 0.76 % sequentially. Other income rose by 50 % compared to the last quarter, despite an annual decline of -11.76 %. Interest expenses surged remarkably by 4.88 % from the previous quarter, yet the year-over-year decrease remains at a moderate -60.55 %. Depreciation costs climbed by 0.85 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -2.48 %. Profit before tax grew annually by 388.12 % but saw an increase from the preceding quarter by 24.36 %.
Tax expenses as a percentage of profits increased slightly by 51.53 % compared to last year, with a more notable quarter-on-quarter increase of 14.93 %. Net profit rose by 268.67 % year-on-year but experienced a 2.94 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 108.77 % but a quarterly rise of 3.08 %. In summary, Kamdhenu Ventures 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. 70.804 Cr | Rs. 79.07 Cr | Rs. 85.147 Cr | + 7.69 % | + 20.26 % |
Expenses | Rs. 70.69 Cr | Rs. 72.91 Cr | Rs. 77.87 Cr | + 6.8 % | + 10.16 % |
Operating Profit | Rs. 0.11 Cr | Rs. 6.16 Cr | Rs. 7.28 Cr | + 18.18 % | + 6518.18 % |
Net Profit | Rs. -2.49 Cr | Rs. 4.08 Cr | Rs. 4.2 Cr | + 2.94 % | + 268.67 % |
EPS in Rs | Rs. -7.64 | Rs. 0.65 | Rs. 0.67 | + 3.08 % | + 108.77 % |
In reviewing Kamdhenu Ventures Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 20.26 % year-on-year growth, however, there was a minor increase of 7.69 % from the previous quarter. Expenses rose by 10.16 % compared to the previous year, with a 6.8 % increase quarter-on-quarter. Operating Profit surged by 6518.18 % annually, and saw a 18.18 % increase from the last quarter.
Net Profit showed yearly increase of 268.67 %, and experienced a 2.94 % increase from the previous quarter. Earnings Per Share (EPS) rose by 108.77 % annually, however rose by 3.08 % compared to the last quarter. In essence, while Kamdhenu Ventures Limited exhibits strong annual growth 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.