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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 13.64 % in the past year, decrease in net sales/revenue by -43.82 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -22.65 %, Marginal decrease of -25.38% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Kirloskar Pneumatic Company Limited. Notable increase of 50.03 % in net profit Year to Year, Kirloskar Pneumatic Company Limited’s profitability dropped by -55.34 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 49.82 % Year to Year. EPS decreased by -55.42 % 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. 242.22 Cr | Rs. 489.96 Cr | Rs. 275.27 Cr | -43.82 % | + 13.64 % |
Expenses | Rs. 215.73 Cr | Rs. 398.39 Cr | Rs. 236.01 Cr | -40.76 % | + 9.4 % |
Operating Profit | Rs. 26.49 Cr | Rs. 91.57 Cr | Rs. 39.26 Cr | -57.13 % | + 48.21 % |
OPM % | 10.94 % | 18.69 % | 14.26 % | -4.43 % | + 3.32 % |
Other Income | Rs. 5.74 Cr | Rs. 5.95 Cr | Rs. 4.44 Cr | -25.38 % | -22.65 % |
Interest | Rs. 0.02 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | -50 % |
Depreciation | Rs. 8.71 Cr | Rs. 8.41 Cr | Rs. 7.75 Cr | -7.85 % | -11.02 % |
Profit before tax | Rs. 23.5 Cr | Rs. 89.1 Cr | Rs. 35.94 Cr | -59.66 % | + 52.94 % |
Tax % | 23.7 % | 25.38 % | 25.15 % | -0.23 % | + 1.45 % |
Net Profit | Rs. 17.93 Cr | Rs. 60.23 Cr | Rs. 26.9 Cr | -55.34 % | + 50.03 % |
EPS in Rs | Rs. 2.76 | Rs. 9.29 | Rs. 4.14 | -55.44 % | + 50 % |
Today, we’re looking at Kirloskar Pneumatic Company Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 13.64 %. However, it did see a marginal slip of -43.82 % from the previous quarter. Expenses decreased slightly by -40.76 % quarter-on-quarter, aligning with the annual rise of 9.4 %. Operating profit, while up 48.21 % compared to last year, faced a quarter-on-quarter dip of -57.13 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 3.32 %, but a shrinkage of -4.43 % sequentially. Other income fell by -25.38 % compared to the last quarter, despite an annual decline of -22.65 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year decrease remains at a moderate -50 %. Depreciation costs fell by -7.85 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -11.02 %. Profit before tax grew annually by 52.94 % but saw a reduction from the preceding quarter by -59.66 %.
Tax expenses as a percentage of profits increased slightly by 1.45 % compared to last year, with a more notable quarter-on-quarter decrease of -0.23 %. Net profit rose by 50.03 % year-on-year but witnessed a -55.34 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 50 % but a quarterly fall of -55.44 %. In summary, Kirloskar Pneumatic Company 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. 242.22 Cr | Rs. 489.96 Cr | Rs. 275.27 Cr | -43.82 % | + 13.64 % |
Expenses | Rs. 215.73 Cr | Rs. 398.39 Cr | Rs. 236.01 Cr | -40.76 % | + 9.4 % |
Operating Profit | Rs. 26.49 Cr | Rs. 91.57 Cr | Rs. 39.26 Cr | -57.13 % | + 48.21 % |
Net Profit | Rs. 17.93 Cr | Rs. 60.23 Cr | Rs. 26.9 Cr | -55.34 % | + 50.03 % |
EPS in Rs | Rs. 2.76 | Rs. 9.29 | Rs. 4.14 | -55.44 % | + 50 % |
In reviewing Kirloskar Pneumatic Company Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.64 % year-on-year growth, although there was a slight dip of -43.82 % from the previous quarter. Expenses rose by 9.4 % compared to the previous year, with a decrease of -40.76 % quarter-on-quarter. Operating Profit surged by 48.21 % annually, and saw a -57.13 % decrease from the last quarter.
Net Profit showed yearly increase of 50.03 %, and experienced a -55.34 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 50 % annually, however dipped by -55.44 % compared to the last quarter. In essence, while Kirloskar Pneumatic Company Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.