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Highlights
- Sales over the Year and quarter: The company’s sales declined by -30.27 % over the year, decrease in net sales/revenue by -8.94 %.
- 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 350 %. Marginal decrease of -75% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Lime Chemicals Ltd.. Profit dropped by -36.84 % Year to Year, Lime Chemicals Ltd.’s profitability increased by 66.15 % in this quarter.
- EPS over the Year and quarter: EPS declined by -28.57 % Year to Year. EPS increased by 36.36 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 3.389 Cr | Rs. 2.595 Cr | Rs. 2.363 Cr | -8.94 % | -30.27 % |
Expenses | Rs. 3.46 Cr | Rs. 2.84 Cr | Rs. 2.47 Cr | -13.03 % | -28.61 % |
Operating Profit | Rs. -0.07 Cr | Rs. -0.25 Cr | Rs. -0.11 Cr | + 56 % | -57.14 % |
OPM % | -2.07 % | -9.63 % | -4.66 % | + 4.97 % | -2.59 % |
Other Income | Rs. -0.02 Cr | Rs. 0.2 Cr | Rs. 0.05 Cr | -75 % | + 350 % |
Interest | Rs. 0.02 Cr | Rs. 0 Cr | Rs. 0.02 Cr | 0 % | + 0 % |
Depreciation | Rs. 0.02 Cr | Rs. 0.02 Cr | Rs. 0.02 Cr | + 0 % | + 0 % |
Profit before tax | Rs. -0.13 Cr | Rs. -0.07 Cr | Rs. -0.1 Cr | -42.86 % | + 23.08 % |
Tax % | -49.46 % | -0 % | -5.88 % | -5.88 % | + 43.58 % |
Net Profit | Rs. -0.17 Cr | Rs. -0.07 Cr | Rs. -0.11 Cr | -57.14 % | + 35.29 % |
EPS in Rs | Rs. -0.21 | Rs. -0.11 | Rs. -0.15 | -36.36 % | + 28.57 % |
Today, we’re looking at Lime Chemicals 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 -30.27 %. However, it did see a marginal slip of -8.94 % from the previous quarter. Expenses decreased slightly by -13.03 % quarter-on-quarter, aligning with the annual decline of -28.61 %. Operating profit, while down -57.14 % compared to last year, faced a quarter-on-quarter increase of 56 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -2.59 %, but an expansion of 4.97 % sequentially. Other income fell by -75 % compared to the last quarter, despite an annual growth of 350 %. yet the year-over-year increase remains at a moderate 0 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 23.08 % but saw a reduction from the preceding quarter by -42.86 %.
Tax expenses as a percentage of profits increased slightly by 43.58 % compared to last year, with a more notable quarter-on-quarter decrease of -5.88 %. Net profit rose by 35.29 % year-on-year but witnessed a -57.14 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 28.57 % but a quarterly fall of -36.36 %. In summary, Lime Chemicals 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. 3.389 Cr | Rs. 2.595 Cr | Rs. 2.363 Cr | -8.94 % | -30.27 % |
Expenses | Rs. 3.46 Cr | Rs. 2.84 Cr | Rs. 2.47 Cr | -13.03 % | -28.61 % |
Operating Profit | Rs. -0.07 Cr | Rs. -0.25 Cr | Rs. -0.11 Cr | + 56 % | -57.14 % |
Net Profit | Rs. -0.17 Cr | Rs. -0.07 Cr | Rs. -0.11 Cr | -57.14 % | + 35.29 % |
EPS in Rs | Rs. -0.21 | Rs. -0.11 | Rs. -0.15 | -36.36 % | + 28.57 % |
In reviewing Lime Chemicals Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -30.27 % year-on-year, although there was a slight dip of -8.94 % from the previous quarter. Expenses decreased by -28.61 % compared to the previous year, with a decrease of -13.03 % quarter-on-quarter. Operating Profit dropped by -57.14 % annually, and saw a 56 % increase from the last quarter.
Net Profit showed yearly increase of 35.29 %, and experienced a -57.14 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 28.57 % annually, however dipped by -36.36 % compared to the last quarter. In essence, while Lime Chemicals 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.