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Highlights
- Sales over the Year and quarter: The company’s sales declined by -6.24 % over the year, decrease in net sales/revenue by -17.06 %.
- 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 57.69 %. Marginal decrease of -5.38% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Lambodhara Textiles Ltd.. Notable increase of 295.57 % in net profit Year to Year, Lambodhara Textiles Ltd.’s profitability increased by 69.19 % in this quarter.
- EPS over the Year and quarter: EPS increased by 294.29 % Year to Year. EPS increased by 70.37 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 44.906 Cr | Rs. 50.764 Cr | Rs. 42.106 Cr | -17.06 % | -6.24 % |
Expenses | Rs. 40.22 Cr | Rs. 46.99 Cr | Rs. 38.67 Cr | -17.71 % | -3.85 % |
Operating Profit | Rs. 4.69 Cr | Rs. 3.77 Cr | Rs. 3.44 Cr | -8.75 % | -26.65 % |
OPM % | 10.44 % | 7.43 % | 8.17 % | + 0.74 % | -2.27 % |
Other Income | Rs. 0.78 Cr | Rs. 1.3 Cr | Rs. 1.23 Cr | -5.38 % | + 57.69 % |
Interest | Rs. 1.11 Cr | Rs. 0.86 Cr | Rs. 1.12 Cr | + 30.23 % | + 0.9 % |
Depreciation | Rs. 2.03 Cr | Rs. 2.7 Cr | Rs. 2.8 Cr | + 3.7 % | + 37.93 % |
Profit before tax | Rs. 2.33 Cr | Rs. 1.51 Cr | Rs. 0.75 Cr | -50.33 % | -67.81 % |
Tax % | 84.42 % | 44.66 % | 93.76 % | + 49.1 % | + 9.34 % |
Net Profit | Rs. 0.36 Cr | Rs. 0.84 Cr | Rs. 1.43 Cr | + 70.24 % | + 297.22 % |
EPS in Rs | Rs. 0.35 | Rs. 0.81 | Rs. 1.38 | + 70.37 % | + 294.29 % |
Today, we’re looking at Lambodhara Textiles 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 -6.24 %. However, it did see a marginal slip of -17.06 % from the previous quarter. Expenses decreased slightly by -17.71 % quarter-on-quarter, aligning with the annual decline of -3.85 %. Operating profit, while down -26.65 % compared to last year, faced a quarter-on-quarter dip of -8.75 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -2.27 %, but an expansion of 0.74 % sequentially. Other income fell by -5.38 % compared to the last quarter, despite an annual growth of 57.69 %. Interest expenses surged remarkably by 30.23 % from the previous quarter, yet the year-over-year increase remains at a moderate 0.9 %. Depreciation costs climbed by 3.7 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 37.93 %. Profit before tax declined annually by -67.81 % but saw a reduction from the preceding quarter by -50.33 %.
Tax expenses as a percentage of profits increased slightly by 9.34 % compared to last year, with a more notable quarter-on-quarter increase of 49.1 %. Net profit rose by 297.22 % year-on-year but experienced a 70.24 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 294.29 % but a quarterly rise of 70.37 %. In summary, Lambodhara Textiles 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. 44.906 Cr | Rs. 50.764 Cr | Rs. 42.106 Cr | -17.06 % | -6.24 % |
Expenses | Rs. 40.22 Cr | Rs. 46.99 Cr | Rs. 38.67 Cr | -17.71 % | -3.85 % |
Operating Profit | Rs. 4.69 Cr | Rs. 3.77 Cr | Rs. 3.44 Cr | -8.75 % | -26.65 % |
Net Profit | Rs. 0.36 Cr | Rs. 0.84 Cr | Rs. 1.43 Cr | + 70.24 % | + 297.22 % |
EPS in Rs | Rs. 0.35 | Rs. 0.81 | Rs. 1.38 | + 70.37 % | + 294.29 % |
In reviewing Lambodhara Textiles Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -6.24 % year-on-year, although there was a slight dip of -17.06 % from the previous quarter. Expenses decreased by -3.85 % compared to the previous year, with a decrease of -17.71 % quarter-on-quarter. Operating Profit dropped by -26.65 % annually, and saw a -8.75 % decrease from the last quarter.
Net Profit showed yearly increase of 297.22 %, and experienced a 70.24 % increase from the previous quarter. Earnings Per Share (EPS) rose by 294.29 % annually, however rose by 70.37 % compared to the last quarter. In essence, while Lambodhara Textiles Ltd. faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.