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Kanchi Karpooram : Q4 2024 Financial Quarterly Report : YoY Sales Down 0.91 %, QoQ Up 57.41 %

May 31, 2024May 31, 2024| adminadmin| 0 Comments| 1:50 pm
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Highlights

  • Sales over the Year and quarter: The company’s sales declined by -0.91 % over the year, substantial increase in net sales/revenue by 57.41 %.
  • 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 16.67 %. Marginal decrease of -4.55% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for Kanchi Karpooram Ltd.. Notable increase of 16.79 % in net profit Year to Year, Kanchi Karpooram Ltd.’s profitability increased by 3.69 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 6.05 % Year to Year. EPS increased by 4.16 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Kanchi Karpooram Ltd.”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 48.737 Cr Rs. 30.681 Cr Rs. 48.295 Cr + 57.41 % -0.91 %
Expenses Rs. 45.97 Cr Rs. 27.98 Cr Rs. 45.33 Cr + 62.01 % -1.39 %
Operating Profit Rs. 2.77 Cr Rs. 2.7 Cr Rs. 2.97 Cr + 10 % + 7.22 %
OPM % 5.68 % 8.8 % 6.15 % -2.65 % + 0.47 %
Other Income Rs. 0.72 Cr Rs. 0.88 Cr Rs. 0.84 Cr -4.55 % + 16.67 %
Interest Rs. 0.08 Cr Rs. 0.02 Cr Rs. 0.02 Cr + 0 % -75 %
Depreciation Rs. 0.76 Cr Rs. 0.71 Cr Rs. 0.68 Cr -4.23 % -10.53 %
Profit before tax Rs. 2.65 Cr Rs. 2.85 Cr Rs. 3.11 Cr + 9.12 % + 17.36 %
Tax % 32.64 % 29.54 % 32.84 % + 3.3 % + 0.2 %
Net Profit Rs. 1.78 Cr Rs. 2.01 Cr Rs. 2.08 Cr + 3.48 % + 16.85 %
EPS in Rs Rs. 4.96 Rs. 5.05 Rs. 5.26 + 4.16 % + 6.05 %


Today, we’re looking at Kanchi Karpooram 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 -0.91 %. However, it did see a marginal increase of 57.41 % from the previous quarter. Expenses ticked up slightly by 62.01 % quarter-on-quarter, aligning with the annual decline of -1.39 %. Operating profit, while up 7.22 % compared to last year, faced a quarter-on-quarter increase of 10 %, 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 0.47 %, but a shrinkage of -2.65 % sequentially. Other income fell by -4.55 % compared to the last quarter, despite an annual growth of 16.67 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year decrease remains at a moderate -75 %. Depreciation costs fell by -4.23 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -10.53 %. Profit before tax grew annually by 17.36 % but saw an increase from the preceding quarter by 9.12 %.
Tax expenses as a percentage of profits increased slightly by 0.2 % compared to last year, with a more notable quarter-on-quarter increase of 3.3 %. Net profit rose by 16.85 % year-on-year but experienced a 3.48 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 6.05 % but a quarterly rise of 4.16 %. In summary, Kanchi Karpooram 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. 48.737 Cr Rs. 30.681 Cr Rs. 48.295 Cr + 57.41 % -0.91 %
Expenses Rs. 45.97 Cr Rs. 27.98 Cr Rs. 45.33 Cr + 62.01 % -1.39 %
Operating Profit Rs. 2.77 Cr Rs. 2.7 Cr Rs. 2.97 Cr + 10 % + 7.22 %
Net Profit Rs. 1.78 Cr Rs. 2.01 Cr Rs. 2.08 Cr + 3.48 % + 16.85 %
EPS in Rs Rs. 4.96 Rs. 5.05 Rs. 5.26 + 4.16 % + 6.05 %


In reviewing Kanchi Karpooram Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -0.91 % year-on-year, however, there was a minor increase of 57.41 % from the previous quarter. Expenses decreased by -1.39 % compared to the previous year, with a 62.01 % increase quarter-on-quarter. Operating Profit surged by 7.22 % annually, and saw a 10 % increase from the last quarter.
Net Profit showed yearly increase of 16.85 %, and experienced a 3.48 % increase from the previous quarter. Earnings Per Share (EPS) rose by 6.05 % annually, however rose by 4.16 % compared to the last quarter. In essence, while Kanchi Karpooram Ltd. 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.

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