Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 5.16 % in the past year, substantial increase in net sales/revenue by 18.12 %.
- 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 461.38 %. Marginal increase in other income during this quarter, up by 170.87%.
- Profit over the Year and quarter: Significant improvement in profitability for KAYNES TECHNOLOGY INDIA LIMITED. Notable increase of 28.71 % in net profit Year to Year, KAYNES TECHNOLOGY INDIA LIMITED’s profitability increased by 92.68 % in this quarter.
- EPS over the Year and quarter: EPS declined by -1.84 % Year to Year. EPS increased by 81.82 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 356.255 Cr | Rs. 317.168 Cr | Rs. 374.632 Cr | + 18.12 % | + 5.16 % |
Expenses | Rs. 301.05 Cr | Rs. 275.49 Cr | Rs. 322.86 Cr | + 17.19 % | + 7.24 % |
Operating Profit | Rs. 55.21 Cr | Rs. 41.68 Cr | Rs. 51.77 Cr | + 24.21 % | -6.23 % |
OPM % | 15.5 % | 13.14 % | 13.82 % | + 0.68 % | -1.68 % |
Other Income | Rs. 5.93 Cr | Rs. 12.29 Cr | Rs. 33.29 Cr | + 170.87 % | + 461.38 % |
Interest | Rs. 8.01 Cr | Rs. 15.75 Cr | Rs. 14.71 Cr | -6.6 % | + 83.65 % |
Depreciation | Rs. 4.61 Cr | Rs. 5.21 Cr | Rs. 5.61 Cr | + 7.68 % | + 21.69 % |
Profit before tax | Rs. 48.52 Cr | Rs. 33.01 Cr | Rs. 64.74 Cr | + 96.12 % | + 33.43 % |
Tax % | 20.41 % | 21.85 % | 23.24 % | + 1.39 % | + 2.83 % |
Net Profit | Rs. 38.61 Cr | Rs. 25.79 Cr | Rs. 49.7 Cr | + 92.71 % | + 28.72 % |
EPS in Rs | Rs. 8.15 | Rs. 4.4 | Rs. 8 | + 81.82 % | -1.84 % |
Today, we’re looking at KAYNES TECHNOLOGY INDIA 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 5.16 %. However, it did see a marginal increase of 18.12 % from the previous quarter. Expenses ticked up slightly by 17.19 % quarter-on-quarter, aligning with the annual rise of 7.24 %. Operating profit, while down -6.23 % compared to last year, faced a quarter-on-quarter increase of 24.21 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -1.68 %, but an expansion of 0.68 % sequentially. Other income rose by 170.87 % compared to the last quarter, despite an annual growth of 461.38 %. Interest expenses dropped significantly by -6.6 % from the previous quarter, yet the year-over-year increase remains at a moderate 83.65 %. Depreciation costs climbed by 7.68 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 21.69 %. Profit before tax grew annually by 33.43 % but saw an increase from the preceding quarter by 96.12 %.
Tax expenses as a percentage of profits increased slightly by 2.83 % compared to last year, with a more notable quarter-on-quarter increase of 1.39 %. Net profit rose by 28.72 % year-on-year but experienced a 92.71 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -1.84 % but a quarterly rise of 81.82 %. In summary, KAYNES TECHNOLOGY INDIA 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. 356.255 Cr | Rs. 317.168 Cr | Rs. 374.632 Cr | + 18.12 % | + 5.16 % |
Expenses | Rs. 301.05 Cr | Rs. 275.49 Cr | Rs. 322.86 Cr | + 17.19 % | + 7.24 % |
Operating Profit | Rs. 55.21 Cr | Rs. 41.68 Cr | Rs. 51.77 Cr | + 24.21 % | -6.23 % |
Net Profit | Rs. 38.61 Cr | Rs. 25.79 Cr | Rs. 49.7 Cr | + 92.71 % | + 28.72 % |
EPS in Rs | Rs. 8.15 | Rs. 4.4 | Rs. 8 | + 81.82 % | -1.84 % |
In reviewing KAYNES TECHNOLOGY INDIA LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 5.16 % year-on-year growth, however, there was a minor increase of 18.12 % from the previous quarter. Expenses rose by 7.24 % compared to the previous year, with a 17.19 % increase quarter-on-quarter. Operating Profit dropped by -6.23 % annually, and saw a 24.21 % increase from the last quarter.
Net Profit showed yearly increase of 28.72 %, and experienced a 92.71 % increase from the previous quarter. Earnings Per Share (EPS) fell by -1.84 % annually, however rose by 81.82 % compared to the last quarter. In essence, while KAYNES TECHNOLOGY INDIA LIMITED faces strong annual decline 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.