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Highlights
- Sales over the Year and quarter: The company’s sales declined by -24.22 % over the year, substantial increase in net sales/revenue by 1.14 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -33.8 %, Marginal decrease of -27.59% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Lancer Container Lines Limited. Notable increase of 45.75 % in net profit Year to Year, Lancer Container Lines Limited’s profitability increased by 13.75 % in this quarter.
- EPS over the Year and quarter: EPS declined by -60.22 % Year to Year. EPS increased by 10.77 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 200.946 Cr | Rs. 150.556 Cr | Rs. 152.272 Cr | + 1.14 % | -24.22 % |
Expenses | Rs. 180.41 Cr | Rs. 120.21 Cr | Rs. 124.25 Cr | + 3.36 % | -31.13 % |
Operating Profit | Rs. 20.54 Cr | Rs. 30.35 Cr | Rs. 28.02 Cr | -7.68 % | + 36.42 % |
OPM % | 10.22 % | 20.16 % | 18.4 % | -1.76 % | + 8.18 % |
Other Income | Rs. 4.32 Cr | Rs. 3.95 Cr | Rs. 2.86 Cr | -27.59 % | -33.8 % |
Interest | Rs. 4.02 Cr | Rs. 2.46 Cr | Rs. 1.88 Cr | -23.58 % | -53.23 % |
Depreciation | Rs. 5.34 Cr | Rs. 14.57 Cr | Rs. 11.36 Cr | -22.03 % | + 112.73 % |
Profit before tax | Rs. 15.5 Cr | Rs. 17.27 Cr | Rs. 17.64 Cr | + 2.14 % | + 13.81 % |
Tax % | 29.2 % | 18.61 % | 9.41 % | -9.2 % | -19.79 % |
Net Profit | Rs. 10.97 Cr | Rs. 14.05 Cr | Rs. 15.99 Cr | + 13.81 % | + 45.76 % |
EPS in Rs | Rs. 1.78 | Rs. 0.67 | Rs. 0.73 | + 8.96 % | -58.99 % |
Today, we’re looking at Lancer Container Lines Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -24.22 %. However, it did see a marginal increase of 1.14 % from the previous quarter. Expenses ticked up slightly by 3.36 % quarter-on-quarter, aligning with the annual decline of -31.13 %. Operating profit, while up 36.42 % compared to last year, faced a quarter-on-quarter dip of -7.68 %, 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 8.18 %, but a shrinkage of -1.76 % sequentially. Other income fell by -27.59 % compared to the last quarter, despite an annual decline of -33.8 %. Interest expenses dropped significantly by -23.58 % from the previous quarter, yet the year-over-year decrease remains at a moderate -53.23 %. Depreciation costs fell by -22.03 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 112.73 %. Profit before tax grew annually by 13.81 % but saw an increase from the preceding quarter by 2.14 %.
Tax expenses as a percentage of profits decreased slightly by -19.79 % compared to last year, with a more notable quarter-on-quarter decrease of -9.2 %. Net profit rose by 45.76 % year-on-year but experienced a 13.81 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -58.99 % but a quarterly rise of 8.96 %. In summary, Lancer Container Lines Limited’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. 200.946 Cr | Rs. 150.556 Cr | Rs. 152.272 Cr | + 1.14 % | -24.22 % |
Expenses | Rs. 180.41 Cr | Rs. 120.21 Cr | Rs. 124.25 Cr | + 3.36 % | -31.13 % |
Operating Profit | Rs. 20.54 Cr | Rs. 30.35 Cr | Rs. 28.02 Cr | -7.68 % | + 36.42 % |
Net Profit | Rs. 10.97 Cr | Rs. 14.05 Cr | Rs. 15.99 Cr | + 13.81 % | + 45.76 % |
EPS in Rs | Rs. 1.78 | Rs. 0.67 | Rs. 0.73 | + 8.96 % | -58.99 % |
In reviewing Lancer Container Lines Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -24.22 % year-on-year, however, there was a minor increase of 1.14 % from the previous quarter. Expenses decreased by -31.13 % compared to the previous year, with a 3.36 % increase quarter-on-quarter. Operating Profit surged by 36.42 % annually, and saw a -7.68 % decrease from the last quarter.
Net Profit showed yearly increase of 45.76 %, and experienced a 13.81 % increase from the previous quarter. Earnings Per Share (EPS) fell by -58.99 % annually, however rose by 8.96 % compared to the last quarter. In essence, while Lancer Container Lines Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.