Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 18.66 % in the past year, substantial increase in net sales/revenue by 12.49 %.
- 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 197.43 %. Marginal increase in other income during this quarter, up by 27.54%.
- Profit over the Year and quarter: Significant improvement in profitability for KEI Industries Ltd.. Notable increase of 22 % in net profit Year to Year, KEI Industries Ltd.’s profitability increased by 11.81 % in this quarter.
- EPS over the Year and quarter: EPS increased by 21.95 % Year to Year. EPS increased by 11.8 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1954.53 Cr | Rs. 2061.722 Cr | Rs. 2319.275 Cr | + 12.49 % | + 18.66 % |
| Expenses | Rs. 1750.72 Cr | Rs. 1844.81 Cr | Rs. 2074.7 Cr | + 12.46 % | + 18.51 % |
| Operating Profit | Rs. 203.81 Cr | Rs. 216.91 Cr | Rs. 244.58 Cr | + 12.76 % | + 20 % |
| OPM % | 10.43 % | 10.52 % | 10.55 % | + 0.03 % | + 0.12 % |
| Other Income | Rs. 5.06 Cr | Rs. 11.8 Cr | Rs. 15.05 Cr | + 27.54 % | + 197.43 % |
| Interest | Rs. 10.09 Cr | Rs. 10.92 Cr | Rs. 16.52 Cr | + 51.28 % | + 63.73 % |
| Depreciation | Rs. 14.32 Cr | Rs. 15.37 Cr | Rs. 15.76 Cr | + 2.54 % | + 10.06 % |
| Profit before tax | Rs. 184.46 Cr | Rs. 202.42 Cr | Rs. 227.35 Cr | + 12.32 % | + 23.25 % |
| Tax % | 25.13 % | 25.57 % | 25.81 % | + 0.24 % | + 0.68 % |
| Net Profit | Rs. 138.1 Cr | Rs. 150.67 Cr | Rs. 168.48 Cr | + 11.82 % | + 22 % |
| EPS in Rs | Rs. 15.31 | Rs. 16.7 | Rs. 18.67 | + 11.8 % | + 21.95 % |
Today, we’re looking at KEI Industries 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 18.66 %. However, it did see a marginal increase of 12.49 % from the previous quarter. Expenses ticked up slightly by 12.46 % quarter-on-quarter, aligning with the annual rise of 18.51 %. Operating profit, while up 20 % compared to last year, faced a quarter-on-quarter increase of 12.76 %, 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 0.12 %, but an expansion of 0.03 % sequentially. Other income rose by 27.54 % compared to the last quarter, despite an annual growth of 197.43 %. Interest expenses surged remarkably by 51.28 % from the previous quarter, yet the year-over-year increase remains at a moderate 63.73 %. Depreciation costs climbed by 2.54 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 10.06 %. Profit before tax grew annually by 23.25 % but saw an increase from the preceding quarter by 12.32 %.
Tax expenses as a percentage of profits increased slightly by 0.68 % compared to last year, with a more notable quarter-on-quarter increase of 0.24 %. Net profit rose by 22 % year-on-year but experienced a 11.82 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 21.95 % but a quarterly rise of 11.8 %. In summary, KEI Industries 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. 1954.53 Cr | Rs. 2061.722 Cr | Rs. 2319.275 Cr | + 12.49 % | + 18.66 % |
| Expenses | Rs. 1750.72 Cr | Rs. 1844.81 Cr | Rs. 2074.7 Cr | + 12.46 % | + 18.51 % |
| Operating Profit | Rs. 203.81 Cr | Rs. 216.91 Cr | Rs. 244.58 Cr | + 12.76 % | + 20 % |
| Net Profit | Rs. 138.1 Cr | Rs. 150.67 Cr | Rs. 168.48 Cr | + 11.82 % | + 22 % |
| EPS in Rs | Rs. 15.31 | Rs. 16.7 | Rs. 18.67 | + 11.8 % | + 21.95 % |
In reviewing KEI Industries Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 18.66 % year-on-year growth, however, there was a minor increase of 12.49 % from the previous quarter. Expenses rose by 18.51 % compared to the previous year, with a 12.46 % increase quarter-on-quarter. Operating Profit surged by 20 % annually, and saw a 12.76 % increase from the last quarter.
Net Profit showed yearly increase of 22 %, and experienced a 11.82 % increase from the previous quarter. Earnings Per Share (EPS) rose by 21.95 % annually, however rose by 11.8 % compared to the last quarter. In essence, while KEI Industries 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.
