Share the post "Kennametal India Limtied : .Q4 .2024 .Quarterly Earnings: .YoY Sales Up .5.12. %, QoQ Down 0.74 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 5.12 % in the past year, decrease in net sales/revenue by -0.74 %.
- 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 257.14 %. Marginal increase in other income during this quarter, up by 127.27%.
- Profit over the Year and quarter: Significant improvement in profitability for Kennametal India Limtied. Notable increase of 145.51 % in net profit Year to Year, Kennametal India Limtied’s profitability increased by 53.82 % in this quarter.
- EPS over the Year and quarter: EPS increased by 145.49 % Year to Year. EPS increased by 53.84 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 255.7 Cr | Rs. 270.8 Cr | Rs. 268.8 Cr | -0.74 % | + 5.12 % |
Expenses | Rs. 225.2 Cr | Rs. 228.1 Cr | Rs. 223.8 Cr | -1.89 % | -0.62 % |
Operating Profit | Rs. 30.5 Cr | Rs. 42.7 Cr | Rs. 45 Cr | + 5.39 % | + 47.54 % |
OPM % | 11.93 % | 15.77 % | 16.74 % | + 0.97 % | + 4.81 % |
Other Income | Rs. 1.4 Cr | Rs. 2.2 Cr | Rs. 5 Cr | + 127.27 % | + 257.14 % |
Interest | Rs. 0 Cr | Rs. 0.5 Cr | Rs. 0.1 Cr | -80 % | 0 % |
Depreciation | Rs. 9.9 Cr | Rs. 11 Cr | Rs. 10.9 Cr | -0.91 % | + 10.1 % |
Profit before tax | Rs. 22 Cr | Rs. 33.4 Cr | Rs. 39 Cr | + 16.77 % | + 77.27 % |
Tax % | 29.09 % | 25.45 % | 25.92 % | + 0.47 % | -3.17 % |
Net Profit | Rs. 15.6 Cr | Rs. 24.9 Cr | Rs. 38.3 Cr | + 53.82 % | + 145.51 % |
EPS in Rs | Rs. 7.1 | Rs. 11.33 | Rs. 17.43 | + 53.84 % | + 145.49 % |
Today, we’re looking at Kennametal India Limtied’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 5.12 %. However, it did see a marginal slip of -0.74 % from the previous quarter. Expenses decreased slightly by -1.89 % quarter-on-quarter, aligning with the annual decline of -0.62 %. Operating profit, while up 47.54 % compared to last year, faced a quarter-on-quarter increase of 5.39 %, 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 4.81 %, but an expansion of 0.97 % sequentially. Other income rose by 127.27 % compared to the last quarter, despite an annual growth of 257.14 %. Interest expenses dropped significantly by -80 % from the previous quarter, Depreciation costs fell by -0.91 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 10.1 %. Profit before tax grew annually by 77.27 % but saw an increase from the preceding quarter by 16.77 %.
Tax expenses as a percentage of profits decreased slightly by -3.17 % compared to last year, with a more notable quarter-on-quarter increase of 0.47 %. Net profit rose by 145.51 % year-on-year but experienced a 53.82 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 145.49 % but a quarterly rise of 53.84 %. In summary, Kennametal India Limtied’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. 255.7 Cr | Rs. 270.8 Cr | Rs. 268.8 Cr | -0.74 % | + 5.12 % |
Expenses | Rs. 225.2 Cr | Rs. 228.1 Cr | Rs. 223.8 Cr | -1.89 % | -0.62 % |
Operating Profit | Rs. 30.5 Cr | Rs. 42.7 Cr | Rs. 45 Cr | + 5.39 % | + 47.54 % |
Net Profit | Rs. 15.6 Cr | Rs. 24.9 Cr | Rs. 38.3 Cr | + 53.82 % | + 145.51 % |
EPS in Rs | Rs. 7.1 | Rs. 11.33 | Rs. 17.43 | + 53.84 % | + 145.49 % |
In reviewing Kennametal India Limtied’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 5.12 % year-on-year growth, although there was a slight dip of -0.74 % from the previous quarter. Expenses decreased by -0.62 % compared to the previous year, with a decrease of -1.89 % quarter-on-quarter. Operating Profit surged by 47.54 % annually, and saw a 5.39 % increase from the last quarter.
Net Profit showed yearly increase of 145.51 %, and experienced a 53.82 % increase from the previous quarter. Earnings Per Share (EPS) rose by 145.49 % annually, however rose by 53.84 % compared to the last quarter. In essence, while Kennametal India Limtied 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.