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Kriti Nutrients Ltd’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales decreased by 4.92 % in YoY and increased by 3.28 % in QoQ

May 9, 2024May 9, 2024| adminadmin| 0 Comments| 2:50 pm
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Highlights

  • Sales over the Year and quarter: The company’s sales declined by -4.92 % over the year, substantial increase in net sales/revenue by 3.28 %.
  • 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 120.75 %. Marginal decrease of -18.75% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for Kriti Nutrients Ltd. Notable increase of 55.38 % in net profit Year to Year, Kriti Nutrients Ltd’s profitability dropped by -38.33 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 56.25 % Year to Year. EPS decreased by -38.16 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Kriti Nutrients Ltd”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 181.178 Cr Rs. 166.801 Cr Rs. 172.273 Cr + 3.28 % -4.92 %
Expenses Rs. 171.94 Cr Rs. 148.2 Cr Rs. 159.47 Cr + 7.6 % -7.25 %
Operating Profit Rs. 9.24 Cr Rs. 18.6 Cr Rs. 12.8 Cr -31.18 % + 38.53 %
OPM % 5.1 % 11.15 % 7.43 % -3.72 % + 2.33 %
Other Income Rs. 0.53 Cr Rs. 1.44 Cr Rs. 1.17 Cr -18.75 % + 120.75 %
Interest Rs. 1.03 Cr Rs. 0.16 Cr Rs. 0.46 Cr + 187.5 % -55.34 %
Depreciation Rs. 0.99 Cr Rs. 1.17 Cr Rs. 1.26 Cr + 7.69 % + 27.27 %
Profit before tax Rs. 7.75 Cr Rs. 18.71 Cr Rs. 12.25 Cr -34.53 % + 58.06 %
Tax % 27.32 % 24.14 % 28.57 % + 4.43 % + 1.25 %
Net Profit Rs. 5.63 Cr Rs. 14.19 Cr Rs. 8.75 Cr -38.34 % + 55.42 %
EPS in Rs Rs. 1.12 Rs. 2.83 Rs. 1.75 -38.16 % + 56.25 %


Today, we’re looking at Kriti Nutrients Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -4.92 %. However, it did see a marginal increase of 3.28 % from the previous quarter. Expenses ticked up slightly by 7.6 % quarter-on-quarter, aligning with the annual decline of -7.25 %. Operating profit, while up 38.53 % compared to last year, faced a quarter-on-quarter dip of -31.18 %, 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 2.33 %, but a shrinkage of -3.72 % sequentially. Other income fell by -18.75 % compared to the last quarter, despite an annual growth of 120.75 %. Interest expenses surged remarkably by 187.5 % from the previous quarter, yet the year-over-year decrease remains at a moderate -55.34 %. Depreciation costs climbed by 7.69 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 27.27 %. Profit before tax grew annually by 58.06 % but saw a reduction from the preceding quarter by -34.53 %.
Tax expenses as a percentage of profits increased slightly by 1.25 % compared to last year, with a more notable quarter-on-quarter increase of 4.43 %. Net profit rose by 55.42 % year-on-year but witnessed a -38.34 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 56.25 % but a quarterly fall of -38.16 %. In summary, Kriti Nutrients 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. 181.178 Cr Rs. 166.801 Cr Rs. 172.273 Cr + 3.28 % -4.92 %
Expenses Rs. 171.94 Cr Rs. 148.2 Cr Rs. 159.47 Cr + 7.6 % -7.25 %
Operating Profit Rs. 9.24 Cr Rs. 18.6 Cr Rs. 12.8 Cr -31.18 % + 38.53 %
Net Profit Rs. 5.63 Cr Rs. 14.19 Cr Rs. 8.75 Cr -38.34 % + 55.42 %
EPS in Rs Rs. 1.12 Rs. 2.83 Rs. 1.75 -38.16 % + 56.25 %


In reviewing Kriti Nutrients Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -4.92 % year-on-year, however, there was a minor increase of 3.28 % from the previous quarter. Expenses decreased by -7.25 % compared to the previous year, with a 7.6 % increase quarter-on-quarter. Operating Profit surged by 38.53 % annually, and saw a -31.18 % decrease from the last quarter.
Net Profit showed yearly increase of 55.42 %, and experienced a -38.34 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 56.25 % annually, however dipped by -38.16 % compared to the last quarter. In essence, while Kriti Nutrients 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.

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