Share the post "Lumax Industries : Q4 2024 Financial Quarterly Report : YoY Sales Up 22.13 %, QoQ Up 17.57 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 22.13 % in the past year, substantial increase in net sales/revenue by 17.57 %.
- 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 43.93 %. Marginal increase in other income during this quarter, up by 107.85%.
- Profit over the Year and quarter: Significant improvement in profitability for Lumax Industries Ltd.,. Notable increase of 73.82 % in net profit Year to Year, Lumax Industries Ltd.,’s profitability increased by 40.98 % in this quarter.
- EPS over the Year and quarter: EPS increased by 73.78 % Year to Year. EPS increased by 40.96 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 608.102 Cr | Rs. 631.717 Cr | Rs. 742.688 Cr | + 17.57 % | + 22.13 % |
| Expenses | Rs. 559.19 Cr | Rs. 573.48 Cr | Rs. 676.81 Cr | + 18.02 % | + 21.03 % |
| Operating Profit | Rs. 48.91 Cr | Rs. 58.24 Cr | Rs. 65.88 Cr | + 13.12 % | + 34.7 % |
| OPM % | 8.04 % | 9.22 % | 8.87 % | -0.35 % | + 0.83 % |
| Other Income | Rs. 19.12 Cr | Rs. 13.24 Cr | Rs. 27.52 Cr | + 107.85 % | + 43.93 % |
| Interest | Rs. 8.71 Cr | Rs. 12.83 Cr | Rs. 14.53 Cr | + 13.25 % | + 66.82 % |
| Depreciation | Rs. 21.18 Cr | Rs. 23.52 Cr | Rs. 26.69 Cr | + 13.48 % | + 26.02 % |
| Profit before tax | Rs. 38.14 Cr | Rs. 35.13 Cr | Rs. 52.18 Cr | + 48.53 % | + 36.81 % |
| Tax % | 67.19 % | 40.76 % | 53.71 % | + 12.95 % | -13.48 % |
| Net Profit | Rs. 20.75 Cr | Rs. 25.58 Cr | Rs. 36.07 Cr | + 41.01 % | + 73.83 % |
| EPS in Rs | Rs. 22.2 | Rs. 27.37 | Rs. 38.58 | + 40.96 % | + 73.78 % |
Today, we’re looking at Lumax Industries Ltd.,’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 22.13 %. However, it did see a marginal increase of 17.57 % from the previous quarter. Expenses ticked up slightly by 18.02 % quarter-on-quarter, aligning with the annual rise of 21.03 %. Operating profit, while up 34.7 % compared to last year, faced a quarter-on-quarter increase of 13.12 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.83 %, but a shrinkage of -0.35 % sequentially. Other income rose by 107.85 % compared to the last quarter, despite an annual growth of 43.93 %. Interest expenses surged remarkably by 13.25 % from the previous quarter, yet the year-over-year increase remains at a moderate 66.82 %. Depreciation costs climbed by 13.48 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 26.02 %. Profit before tax grew annually by 36.81 % but saw an increase from the preceding quarter by 48.53 %.
Tax expenses as a percentage of profits decreased slightly by -13.48 % compared to last year, with a more notable quarter-on-quarter increase of 12.95 %. Net profit rose by 73.83 % year-on-year but experienced a 41.01 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 73.78 % but a quarterly rise of 40.96 %. In summary, Lumax Industries 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. 608.102 Cr | Rs. 631.717 Cr | Rs. 742.688 Cr | + 17.57 % | + 22.13 % |
| Expenses | Rs. 559.19 Cr | Rs. 573.48 Cr | Rs. 676.81 Cr | + 18.02 % | + 21.03 % |
| Operating Profit | Rs. 48.91 Cr | Rs. 58.24 Cr | Rs. 65.88 Cr | + 13.12 % | + 34.7 % |
| Net Profit | Rs. 20.75 Cr | Rs. 25.58 Cr | Rs. 36.07 Cr | + 41.01 % | + 73.83 % |
| EPS in Rs | Rs. 22.2 | Rs. 27.37 | Rs. 38.58 | + 40.96 % | + 73.78 % |
In reviewing Lumax Industries Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 22.13 % year-on-year growth, however, there was a minor increase of 17.57 % from the previous quarter. Expenses rose by 21.03 % compared to the previous year, with a 18.02 % increase quarter-on-quarter. Operating Profit surged by 34.7 % annually, and saw a 13.12 % increase from the last quarter.
Net Profit showed yearly increase of 73.83 %, and experienced a 41.01 % increase from the previous quarter. Earnings Per Share (EPS) rose by 73.78 % annually, however rose by 40.96 % compared to the last quarter. In essence, while Lumax Industries Ltd., 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.
76
3-Year Profit
2
5-Year Profit
29
10-Year Profit
2,922
Current Price
2,732
Market Cap
The financial outlook for the company under BSE code 517206 reveals a significant five-year profit of 2 units. This marks a notable increase to 76 units over the last three years, indicating a strong upward trend in the company's financial health during this period. However, it's important to note that recent challenges have impacted the company's performance, leading to a trailing twelve-month loss of 25 units. This sharp decline in profitability is particularly concerning, as the company has also reported no sales across any analyzed timeframe, suggesting a highly unconventional and perhaps risky operational approach. The company's stock prices mirror this financial volatility, with the stock trading at 17 units over the past five years but experiencing a dramatic drop to 9 units within the last year. Over a decade, the stock price was at 22 units, reflecting long-term concerns regarding the company's stability and future outlook. Such performance poses questions about the sustainability of the business and whether it can rebound from these recent setbacks.
The company has a market capitalization of ₹2,732 crore and is currently trading at a stock price of ₹2,922. Over time, the stock has fluctuated between the historical highs and lows of ₹3,045 / 2,020, reflecting the market's volatility. With a Price-to-Earnings (P/E) ratio of 22.4, the stock appears highly valued, indicating that investors are willing to pay a premium for its earnings potential. The company's book value per share stands at ₹718, showcasing the underlying asset value. Additionally, the dividend yield is 1.20%, suggesting that the company offers shareholders a moderate return on their investment in the form of dividends. The Return on Capital Employed (ROCE) is 17.2%, indicating the efficiency with which the company generates profit from its capital. Meanwhile, the Return on Equity (ROE) is 17.7%, highlighting the profitability relative to shareholder equity. Despite these figures, the company maintains a very low debt-to-equity ratio of 1.08, signaling minimal leverage. It also reports a net cash flow of ₹24.4 crore, reflecting the company's ability to generate cash. The Piotroski score is 5.00, a measure of the company's financial strength, while the Graham Number estimates the intrinsic value of the stock at ₹1,453. The Price-to-Book (P/B) ratio of 4.07 further suggests that the stock is trading at a premium relative to its book value, potentially reflecting positive market sentiment or expectations of future growth.
