Share the post "Kovai Medical Center & Hospital : Q4 2024 Financial Quarterly Report : YoY Sales Up 20.41 %, QoQ Up 0 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 20.41 % in the past year, substantial increase in net sales/revenue by 0 %.
- 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 1.99 %. Marginal increase in other income during this quarter, up by 16.02%.
- Profit over the Year and quarter: Significant improvement in profitability for Kovai Medical Center & Hospital Ltd. Notable increase of 70.75 % in net profit Year to Year, Kovai Medical Center & Hospital Ltd’s profitability dropped by -1.73 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 70.71 % Year to Year. EPS decreased by -1.73 % 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. 266.683 Cr | Rs. 321.108 Cr | Rs. 321.112 Cr | + 0 % | + 20.41 % |
| Expenses | Rs. 199.91 Cr | Rs. 224.77 Cr | Rs. 229.45 Cr | + 2.08 % | + 14.78 % |
| Operating Profit | Rs. 66.77 Cr | Rs. 96.34 Cr | Rs. 91.66 Cr | -4.86 % | + 37.28 % |
| OPM % | 25.04 % | 30 % | 28.54 % | -1.46 % | + 3.5 % |
| Other Income | Rs. 5.54 Cr | Rs. 4.87 Cr | Rs. 5.65 Cr | + 16.02 % | + 1.99 % |
| Interest | Rs. 9.96 Cr | Rs. 7.34 Cr | Rs. 6.89 Cr | -6.13 % | -30.82 % |
| Depreciation | Rs. 21.68 Cr | Rs. 23.35 Cr | Rs. 23.52 Cr | + 0.73 % | + 8.49 % |
| Profit before tax | Rs. 40.67 Cr | Rs. 70.52 Cr | Rs. 66.9 Cr | -5.13 % | + 64.49 % |
| Tax % | 24.87 % | 24.7 % | 22.01 % | -2.69 % | -2.86 % |
| Net Profit | Rs. 30.56 Cr | Rs. 53.1 Cr | Rs. 52.18 Cr | -1.73 % | + 70.75 % |
| EPS in Rs | Rs. 27.93 | Rs. 48.52 | Rs. 47.68 | -1.73 % | + 70.71 % |
Today, we’re looking at Kovai Medical Center & Hospital 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 20.41 %. However, it did see a marginal increase of 0 % from the previous quarter. Expenses ticked up slightly by 2.08 % quarter-on-quarter, aligning with the annual rise of 14.78 %. Operating profit, while up 37.28 % compared to last year, faced a quarter-on-quarter dip of -4.86 %, 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 3.5 %, but a shrinkage of -1.46 % sequentially. Other income rose by 16.02 % compared to the last quarter, despite an annual growth of 1.99 %. Interest expenses dropped significantly by -6.13 % from the previous quarter, yet the year-over-year decrease remains at a moderate -30.82 %. Depreciation costs climbed by 0.73 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 8.49 %. Profit before tax grew annually by 64.49 % but saw a reduction from the preceding quarter by -5.13 %.
Tax expenses as a percentage of profits decreased slightly by -2.86 % compared to last year, with a more notable quarter-on-quarter decrease of -2.69 %. Net profit rose by 70.75 % year-on-year but witnessed a -1.73 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 70.71 % but a quarterly fall of -1.73 %. 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. 266.683 Cr | Rs. 321.108 Cr | Rs. 321.112 Cr | + 0 % | + 20.41 % |
| Expenses | Rs. 199.91 Cr | Rs. 224.77 Cr | Rs. 229.45 Cr | + 2.08 % | + 14.78 % |
| Operating Profit | Rs. 66.77 Cr | Rs. 96.34 Cr | Rs. 91.66 Cr | -4.86 % | + 37.28 % |
| Net Profit | Rs. 30.56 Cr | Rs. 53.1 Cr | Rs. 52.18 Cr | -1.73 % | + 70.75 % |
| EPS in Rs | Rs. 27.93 | Rs. 48.52 | Rs. 47.68 | -1.73 % | + 70.71 % |
In reviewing Kovai Medical Center & Hospital Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 20.41 % year-on-year growth, however, there was a minor increase of 0 % from the previous quarter. Expenses rose by 14.78 % compared to the previous year, with a 2.08 % increase quarter-on-quarter. Operating Profit surged by 37.28 % annually, and saw a -4.86 % decrease from the last quarter.
Net Profit showed yearly increase of 70.75 %, and experienced a -1.73 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 70.71 % annually, however dipped by -1.73 % 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.
