Share the post "Kaveri Seed Company : Q4 2024 Financial Quarterly Report : YoY Sales Up 33.48 %, QoQ Down 31.05 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 33.48 % in the past year, decrease in net sales/revenue by -31.05 %.
- 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 213.28 %. Marginal increase in other income during this quarter, up by 91.57%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Kaveri Seed Company Ltd. Profit dropped by -97.45 % Year to Year, Kaveri Seed Company Ltd’s profitability dropped by -103.66 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -113.78 % Year to Year. EPS decreased by -87.7 % 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. 73.681 Cr | Rs. 142.632 Cr | Rs. 98.348 Cr | -31.05 % | + 33.48 % |
Expenses | Rs. 90.36 Cr | Rs. 134.05 Cr | Rs. 110.22 Cr | -17.78 % | + 21.98 % |
Operating Profit | Rs. -16.68 Cr | Rs. 8.58 Cr | Rs. -11.87 Cr | -238.34 % | + 28.84 % |
OPM % | -22.64 % | 6.02 % | -12.07 % | -18.09 % | + 10.57 % |
Other Income | Rs. 7.98 Cr | Rs. 13.05 Cr | Rs. 25 Cr | + 91.57 % | + 213.28 % |
Interest | Rs. 0.05 Cr | Rs. 0.1 Cr | Rs. 0.06 Cr | -40 % | + 20 % |
Depreciation | Rs. 5.5 Cr | Rs. 6.72 Cr | Rs. 9.65 Cr | + 43.6 % | + 75.45 % |
Profit before tax | Rs. -14.25 Cr | Rs. 14.81 Cr | Rs. 3.42 Cr | -76.91 % | + 124 % |
Tax % | -11.52 % | 25.31 % | 111.81 % | + 86.5 % | + 123.33 % |
Net Profit | Rs. -15.89 Cr | Rs. 11.07 Cr | Rs. -0.41 Cr | -103.7 % | + 97.42 % |
EPS in Rs | Rs. -2.25 | Rs. 2.52 | Rs. 0.31 | -87.7 % | + 113.78 % |
Today, we’re looking at Kaveri Seed Company 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 33.48 %. However, it did see a marginal slip of -31.05 % from the previous quarter. Expenses decreased slightly by -17.78 % quarter-on-quarter, aligning with the annual rise of 21.98 %. Operating profit, while up 28.84 % compared to last year, faced a quarter-on-quarter dip of -238.34 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 10.57 %, but a shrinkage of -18.09 % sequentially. Other income rose by 91.57 % compared to the last quarter, despite an annual growth of 213.28 %. Interest expenses dropped significantly by -40 % from the previous quarter, yet the year-over-year increase remains at a moderate 20 %. Depreciation costs climbed by 43.6 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 75.45 %. Profit before tax grew annually by 124 % but saw a reduction from the preceding quarter by -76.91 %.
Tax expenses as a percentage of profits increased slightly by 123.33 % compared to last year, with a more notable quarter-on-quarter increase of 86.5 %. Net profit rose by 97.42 % year-on-year but witnessed a -103.7 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 113.78 % but a quarterly fall of -87.7 %. In summary, Kaveri Seed Company 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. 73.681 Cr | Rs. 142.632 Cr | Rs. 98.348 Cr | -31.05 % | + 33.48 % |
Expenses | Rs. 90.36 Cr | Rs. 134.05 Cr | Rs. 110.22 Cr | -17.78 % | + 21.98 % |
Operating Profit | Rs. -16.68 Cr | Rs. 8.58 Cr | Rs. -11.87 Cr | -238.34 % | + 28.84 % |
Net Profit | Rs. -15.89 Cr | Rs. 11.07 Cr | Rs. -0.41 Cr | -103.7 % | + 97.42 % |
EPS in Rs | Rs. -2.25 | Rs. 2.52 | Rs. 0.31 | -87.7 % | + 113.78 % |
In reviewing Kaveri Seed Company Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 33.48 % year-on-year growth, although there was a slight dip of -31.05 % from the previous quarter. Expenses rose by 21.98 % compared to the previous year, with a decrease of -17.78 % quarter-on-quarter. Operating Profit surged by 28.84 % annually, and saw a -238.34 % decrease from the last quarter.
Net Profit showed yearly increase of 97.42 %, and experienced a -103.7 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 113.78 % annually, however dipped by -87.7 % compared to the last quarter. In essence, while Kaveri Seed Company Ltd exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.