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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 1.66 % in the past year, substantial increase in net sales/revenue by 3.57 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -11.88 %, Marginal decrease of -26.77% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for KSE Ltd.. Profit dropped by -1844.35 % Year to Year, KSE Ltd.’s profitability dropped by -2.95 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -1,844.68 % Year to Year. EPS decreased by -2.96 % 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. 424.369 Cr | Rs. 416.576 Cr | Rs. 431.43 Cr | + 3.57 % | + 1.66 % |
Expenses | Rs. 425.71 Cr | Rs. 390.27 Cr | Rs. 406.13 Cr | + 4.06 % | -4.6 % |
Operating Profit | Rs. -1.34 Cr | Rs. 26.31 Cr | Rs. 25.3 Cr | -3.84 % | + 1988.06 % |
OPM % | -0.32 % | 6.32 % | 5.86 % | -0.46 % | + 6.18 % |
Other Income | Rs. 1.313 Cr | Rs. 1.58 Cr | Rs. 1.157 Cr | -26.77 % | -11.88 % |
Interest | Rs. 0.53 Cr | Rs. 0.57 Cr | Rs. 0.57 Cr | + 0 % | + 7.55 % |
Depreciation | Rs. 1.02 Cr | Rs. 1.34 Cr | Rs. 1.1 Cr | -17.91 % | + 7.84 % |
Profit before tax | Rs. -1.58 Cr | Rs. 25.98 Cr | Rs. 24.79 Cr | -4.58 % | + 1668.99 % |
Tax % | -33.31 % | 27.13 % | 25.91 % | -1.22 % | + 59.22 % |
Net Profit | Rs. -1.05 Cr | Rs. 18.93 Cr | Rs. 18.37 Cr | -2.96 % | + 1849.52 % |
EPS in Rs | Rs. -3.29 | Rs. 59.15 | Rs. 57.4 | -2.96 % | + 1844.68 % |
Today, we’re looking at KSE 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 1.66 %. However, it did see a marginal increase of 3.57 % from the previous quarter. Expenses ticked up slightly by 4.06 % quarter-on-quarter, aligning with the annual decline of -4.6 %. Operating profit, while up 1988.06 % compared to last year, faced a quarter-on-quarter dip of -3.84 %, 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 6.18 %, but a shrinkage of -0.46 % sequentially. Other income fell by -26.77 % compared to the last quarter, despite an annual decline of -11.88 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 7.55 %. Depreciation costs fell by -17.91 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 7.84 %. Profit before tax grew annually by 1668.99 % but saw a reduction from the preceding quarter by -4.58 %.
Tax expenses as a percentage of profits increased slightly by 59.22 % compared to last year, with a more notable quarter-on-quarter decrease of -1.22 %. Net profit rose by 1849.52 % year-on-year but witnessed a -2.96 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 1844.68 % but a quarterly fall of -2.96 %. In summary, KSE 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. 424.369 Cr | Rs. 416.576 Cr | Rs. 431.43 Cr | + 3.57 % | + 1.66 % |
Expenses | Rs. 425.71 Cr | Rs. 390.27 Cr | Rs. 406.13 Cr | + 4.06 % | -4.6 % |
Operating Profit | Rs. -1.34 Cr | Rs. 26.31 Cr | Rs. 25.3 Cr | -3.84 % | + 1988.06 % |
Net Profit | Rs. -1.05 Cr | Rs. 18.93 Cr | Rs. 18.37 Cr | -2.96 % | + 1849.52 % |
EPS in Rs | Rs. -3.29 | Rs. 59.15 | Rs. 57.4 | -2.96 % | + 1844.68 % |
In reviewing KSE Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1.66 % year-on-year growth, however, there was a minor increase of 3.57 % from the previous quarter. Expenses decreased by -4.6 % compared to the previous year, with a 4.06 % increase quarter-on-quarter. Operating Profit surged by 1988.06 % annually, and saw a -3.84 % decrease from the last quarter.
Net Profit showed yearly increase of 1849.52 %, and experienced a -2.96 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 1844.68 % annually, however dipped by -2.96 % compared to the last quarter. In essence, while KSE 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.