Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 1.72% in the past year Substantial increase in net sales/revenue by 11.75%.
- 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 32.55%Marginal increase in other income during this quarter, up by 107.53%.
- Profit over the Year and quarter: Significant improvement in profitability for Kesoram Industries Ltd. Notable increase of 835.40% in net profit Year to YearKesoram Industries Ltd’s profitability increased by 400.25% in this quarter.
- EPS over the Year and quarter: EPS increased by 836.90% Year to Year.EPS increased by 401.27%. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1055.43 Cr | Rs. 960.65 Cr | Rs. 1073.56 Cr | + 11.75% | + 1.72% |
| Expenses | Rs. 947.17 Cr | Rs. 858.9 Cr | Rs. 997.25 Cr | + 16.11% | + 5.29% |
| Operating Profit | Rs. 108.26 Cr | Rs. 101.75 Cr | Rs. 76.31 Cr | -25% | -29.51% |
| OPM % | 10.26 % | 10.59 % | 7.11 % | -3.48% | -3.15% |
| Other Income | Rs. 15.39 Cr | Rs. 9.83 Cr | Rs. 20.4 Cr | + 107.53% | + 32.55% |
| Interest | Rs. 122.97 Cr | Rs. 129.75 Cr | Rs. 123.88 Cr | -4.52% | + 0.74% |
| Depreciation | Rs. 25.84 Cr | Rs. 33.13 Cr | Rs. 40.01 Cr | + 20.77% | + 54.84% |
| Profit before tax | Rs. -25.16 Cr | Rs. -51.3 Cr | Rs. -67.18 Cr | -30.96% | -167.01% |
| Tax % | -3.86 % | -4.76 % | -109.26 % | -104.5% | -105.4% |
| Net Profit | Rs. -26.13 Cr | Rs. -48.86 Cr | Rs. -244.42 Cr | -400.25% | -835.4% |
| EPS in Rs | Rs. -0.84 | Rs. -1.57 | Rs. -7.87 | -401.27% | -836.9% |
Today, we’re looking at Kesoram 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 1.72%. However, it did see a marginal increase of 11.75% from the previous quarter.Expenses ticked up slightly by 16.11% quarter-on-quarter, aligning with the annual rise of 5.29%. Operating profit, while down -29.51% compared to last year,faced a quarter-on-quarter dip of -25%, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -3.15%, but a shrinkage of -3.48% sequentially. Other income rose by 107.53% compared to the last quarter,despite an annual growth of 32.55%. Interest expenses dropped significantly by -4.52% from the previous quarter, yet the year-over-year increase remains at a moderate 0.74%. Depreciation costs climbed by 20.77% quarter-on-quarter, whereas on an annual scale, they saw an increase of 54.84%. Profit before tax declined annually by -167.01%but saw a reduction from the preceding quarter by -30.96%.
Tax expenses as a percentage of profits decreased slightly by -105.4% compared to last year, with a more notable quarter-on-quarter decrease of -104.5%. Net profit fell by -835.4% year-on-yearbut witnessed a -400.25% contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -836.9% but a quarterly fall of -401.27%. In summary, Kesoram 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. 1055.43 Cr | Rs. 960.65 Cr | Rs. 1073.56 Cr | + 11.75% | + 1.72% |
| Expenses | Rs. 947.17 Cr | Rs. 858.9 Cr | Rs. 997.25 Cr | + 16.11% | + 5.29% |
| Operating Profit | Rs. 108.26 Cr | Rs. 101.75 Cr | Rs. 76.31 Cr | -25% | -29.51% |
| Net Profit | Rs. -26.13 Cr | Rs. -48.86 Cr | Rs. -244.42 Cr | -400.25% | -835.4% |
| EPS in Rs | Rs. -0.84 | Rs. -1.57 | Rs. -7.87 | -401.27% | -836.9% |
In reviewing Kesoram Industries Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.62% year-on-year growth, however, there was a minor increase of 11.75% from the previous quarter. Expenses rose by 5.29% compared to the previous year, with a 16.11% increase quarter-on-quarter. Operating Profit dropped by -29.51% annually, and saw a -25% decrease from the last quarter.
Net Profit showed yearly decrease of -835.4%, and experienced a -400.25% decrease from the previous quarter.Earnings Per Share (EPS) fell by -836.9% annually, however dipped by -401.27% compared to the last quarter. In essence, while Kesoram Industries Ltd faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
