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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 10.75 % in the past year, substantial increase in net sales/revenue by 23.45 %.
- 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 331.91 %. Marginal increase in other income during this quarter, up by 915%.
- Profit over the Year and quarter: Challenges in sustaining profitability for KIC Metaliks Ltd.. Profit dropped by -162.64 % Year to Year, KIC Metaliks Ltd.’s profitability dropped by -238.62 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -161.67 % Year to Year. EPS decreased by -237.04 % 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. 212.426 Cr | Rs. 190.573 Cr | Rs. 235.262 Cr | + 23.45 % | + 10.75 % |
Expenses | Rs. 203.28 Cr | Rs. 183.28 Cr | Rs. 233.59 Cr | + 27.45 % | + 14.91 % |
Operating Profit | Rs. 9.15 Cr | Rs. 7.29 Cr | Rs. 1.67 Cr | -77.09 % | -81.75 % |
OPM % | 4.31 % | 3.83 % | 0.71 % | -3.12 % | -3.6 % |
Other Income | Rs. 0.47 Cr | Rs. 0.2 Cr | Rs. 2.03 Cr | + 915 % | + 331.91 % |
Interest | Rs. 2.92 Cr | Rs. 2.65 Cr | Rs. 2.69 Cr | + 1.51 % | -7.88 % |
Depreciation | Rs. 3.62 Cr | Rs. 3.69 Cr | Rs. 3.73 Cr | + 1.08 % | + 3.04 % |
Profit before tax | Rs. 3.08 Cr | Rs. 1.15 Cr | Rs. -2.72 Cr | -336.52 % | -188.31 % |
Tax % | 30.94 % | 16.77 % | -51.16 % | -67.93 % | -82.1 % |
Net Profit | Rs. 2.12 Cr | Rs. 0.96 Cr | Rs. -1.33 Cr | -238.54 % | -162.74 % |
EPS in Rs | Rs. 0.6 | Rs. 0.27 | Rs. -0.37 | -237.04 % | -161.67 % |
Today, we’re looking at KIC Metaliks 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 10.75 %. However, it did see a marginal increase of 23.45 % from the previous quarter. Expenses ticked up slightly by 27.45 % quarter-on-quarter, aligning with the annual rise of 14.91 %. Operating profit, while down -81.75 % compared to last year, faced a quarter-on-quarter dip of -77.09 %, 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 -3.6 %, but a shrinkage of -3.12 % sequentially. Other income rose by 915 % compared to the last quarter, despite an annual growth of 331.91 %. Interest expenses surged remarkably by 1.51 % from the previous quarter, yet the year-over-year decrease remains at a moderate -7.88 %. Depreciation costs climbed by 1.08 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.04 %. Profit before tax declined annually by -188.31 % but saw a reduction from the preceding quarter by -336.52 %.
Tax expenses as a percentage of profits decreased slightly by -82.1 % compared to last year, with a more notable quarter-on-quarter decrease of -67.93 %. Net profit fell by -162.74 % year-on-year but witnessed a -238.54 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -161.67 % but a quarterly fall of -237.04 %. In summary, KIC Metaliks 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. 212.426 Cr | Rs. 190.573 Cr | Rs. 235.262 Cr | + 23.45 % | + 10.75 % |
Expenses | Rs. 203.28 Cr | Rs. 183.28 Cr | Rs. 233.59 Cr | + 27.45 % | + 14.91 % |
Operating Profit | Rs. 9.15 Cr | Rs. 7.29 Cr | Rs. 1.67 Cr | -77.09 % | -81.75 % |
Net Profit | Rs. 2.12 Cr | Rs. 0.96 Cr | Rs. -1.33 Cr | -238.54 % | -162.74 % |
EPS in Rs | Rs. 0.6 | Rs. 0.27 | Rs. -0.37 | -237.04 % | -161.67 % |
In reviewing KIC Metaliks Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 10.75 % year-on-year growth, however, there was a minor increase of 23.45 % from the previous quarter. Expenses rose by 14.91 % compared to the previous year, with a 27.45 % increase quarter-on-quarter. Operating Profit dropped by -81.75 % annually, and saw a -77.09 % decrease from the last quarter.
Net Profit showed yearly decrease of -162.74 %, and experienced a -238.54 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -161.67 % annually, however dipped by -237.04 % compared to the last quarter. In essence, while KIC Metaliks 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.