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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 14.75 % in the past year, decrease in net sales/revenue by -1.87 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -15.68 %, Marginal decrease of -9.02% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Kovai Medical Center & Hospital Ltd. Notable increase of 47.36 % in net profit Year to Year, Kovai Medical Center & Hospital Ltd’s profitability dropped by -12.31 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 47.32 % Year to Year. EPS decreased by -12.31 % 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. 274.606 Cr | Rs. 321.112 Cr | Rs. 315.105 Cr | -1.87 % | + 14.75 % |
Expenses | Rs. 206.19 Cr | Rs. 229.45 Cr | Rs. 228.84 Cr | -0.27 % | + 10.99 % |
Operating Profit | Rs. 68.42 Cr | Rs. 91.66 Cr | Rs. 86.27 Cr | -5.88 % | + 26.09 % |
OPM % | 24.92 % | 28.54 % | 27.38 % | -1.16 % | + 2.46 % |
Other Income | Rs. 6.092 Cr | Rs. 5.646 Cr | Rs. 5.137 Cr | -9.02 % | -15.68 % |
Interest | Rs. 10.45 Cr | Rs. 6.89 Cr | Rs. 6.63 Cr | -3.77 % | -36.56 % |
Depreciation | Rs. 22.31 Cr | Rs. 23.52 Cr | Rs. 24.06 Cr | + 2.3 % | + 7.84 % |
Profit before tax | Rs. 41.75 Cr | Rs. 66.9 Cr | Rs. 60.72 Cr | -9.24 % | + 45.44 % |
Tax % | 25.63 % | 22.01 % | 24.64 % | + 2.63 % | -0.99 % |
Net Profit | Rs. 31.05 Cr | Rs. 52.18 Cr | Rs. 45.75 Cr | -12.32 % | + 47.34 % |
EPS in Rs | Rs. 28.38 | Rs. 47.68 | Rs. 41.81 | -12.31 % | + 47.32 % |
Today, we’re looking at Kovai Medical Center & Hospital Ltd’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 14.75 %. However, it did see a marginal slip of -1.87 % from the previous quarter. Expenses decreased slightly by -0.27 % quarter-on-quarter, aligning with the annual rise of 10.99 %. Operating profit, while up 26.09 % compared to last year, faced a quarter-on-quarter dip of -5.88 %, 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 2.46 %, but a shrinkage of -1.16 % sequentially. Other income fell by -9.02 % compared to the last quarter, despite an annual decline of -15.68 %. Interest expenses dropped significantly by -3.77 % from the previous quarter, yet the year-over-year decrease remains at a moderate -36.56 %. Depreciation costs climbed by 2.3 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 7.84 %. Profit before tax grew annually by 45.44 % but saw a reduction from the preceding quarter by -9.24 %.
Tax expenses as a percentage of profits decreased slightly by -0.99 % compared to last year, with a more notable quarter-on-quarter increase of 2.63 %. Net profit rose by 47.34 % year-on-year but witnessed a -12.32 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 47.32 % but a quarterly fall of -12.31 %. In summary, Kovai Medical Center & Hospital 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. 274.606 Cr | Rs. 321.112 Cr | Rs. 315.105 Cr | -1.87 % | + 14.75 % |
Expenses | Rs. 206.19 Cr | Rs. 229.45 Cr | Rs. 228.84 Cr | -0.27 % | + 10.99 % |
Operating Profit | Rs. 68.42 Cr | Rs. 91.66 Cr | Rs. 86.27 Cr | -5.88 % | + 26.09 % |
Net Profit | Rs. 31.05 Cr | Rs. 52.18 Cr | Rs. 45.75 Cr | -12.32 % | + 47.34 % |
EPS in Rs | Rs. 28.38 | Rs. 47.68 | Rs. 41.81 | -12.31 % | + 47.32 % |
In reviewing Kovai Medical Center & Hospital Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 14.75 % year-on-year growth, although there was a slight dip of -1.87 % from the previous quarter. Expenses rose by 10.99 % compared to the previous year, with a decrease of -0.27 % quarter-on-quarter. Operating Profit surged by 26.09 % annually, and saw a -5.88 % decrease from the last quarter.
Net Profit showed yearly increase of 47.34 %, and experienced a -12.32 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 47.32 % annually, however dipped by -12.31 % compared to the last quarter. In essence, while Kovai Medical Center & Hospital Ltd 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.