Share the post "Lupin Ltd’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 19.73 % in YoY and decreased by 17.49 % in QoQ"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 19.73 % in the past year, decrease in net sales/revenue by -17.49 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -43.33 %, Marginal increase in other income during this quarter, up by 35.32%.
- Profit over the Year and quarter: Significant improvement in profitability for Lupin Ltd. Notable increase of 222.73 % in net profit Year to Year, Lupin Ltd’s profitability dropped by -58.09 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 221.76 % Year to Year. EPS decreased by -58.14 % 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. 2836.27 Cr | Rs. 4115.75 Cr | Rs. 3395.88 Cr | -17.49 % | + 19.73 % |
Expenses | Rs. 2574.09 Cr | Rs. 2898.41 Cr | Rs. 2695.53 Cr | -7 % | + 4.72 % |
Operating Profit | Rs. 262.18 Cr | Rs. 1217.34 Cr | Rs. 700.35 Cr | -42.47 % | + 167.13 % |
OPM % | 9.24 % | 29.58 % | 20.62 % | -8.96 % | + 11.38 % |
Other Income | Rs. 55.3 Cr | Rs. 23.16 Cr | Rs. 31.34 Cr | + 35.32 % | -43.33 % |
Interest | Rs. 29.44 Cr | Rs. 11.36 Cr | Rs. 13.49 Cr | + 18.75 % | -54.18 % |
Depreciation | Rs. 146.2 Cr | Rs. 145.18 Cr | Rs. 290.04 Cr | + 99.78 % | + 98.39 % |
Profit before tax | Rs. 141.84 Cr | Rs. 1083.96 Cr | Rs. 428.16 Cr | -60.5 % | + 201.86 % |
Tax % | 16.1 % | 15.45 % | 10.3 % | -5.15 % | -5.8 % |
Net Profit | Rs. 119.01 Cr | Rs. 916.44 Cr | Rs. 384.08 Cr | -58.09 % | + 222.73 % |
EPS in Rs | Rs. 2.62 | Rs. 20.14 | Rs. 8.43 | -58.14 % | + 221.76 % |
Today, we’re looking at Lupin 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 19.73 %. However, it did see a marginal slip of -17.49 % from the previous quarter. Expenses decreased slightly by -7 % quarter-on-quarter, aligning with the annual rise of 4.72 %. Operating profit, while up 167.13 % compared to last year, faced a quarter-on-quarter dip of -42.47 %, 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 11.38 %, but a shrinkage of -8.96 % sequentially. Other income rose by 35.32 % compared to the last quarter, despite an annual decline of -43.33 %. Interest expenses surged remarkably by 18.75 % from the previous quarter, yet the year-over-year decrease remains at a moderate -54.18 %. Depreciation costs climbed by 99.78 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 98.39 %. Profit before tax grew annually by 201.86 % but saw a reduction from the preceding quarter by -60.5 %.
Tax expenses as a percentage of profits decreased slightly by -5.8 % compared to last year, with a more notable quarter-on-quarter decrease of -5.15 %. Net profit rose by 222.73 % year-on-year but witnessed a -58.09 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 221.76 % but a quarterly fall of -58.14 %. In summary, Lupin 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. 2836.27 Cr | Rs. 4115.75 Cr | Rs. 3395.88 Cr | -17.49 % | + 19.73 % |
Expenses | Rs. 2574.09 Cr | Rs. 2898.41 Cr | Rs. 2695.53 Cr | -7 % | + 4.72 % |
Operating Profit | Rs. 262.18 Cr | Rs. 1217.34 Cr | Rs. 700.35 Cr | -42.47 % | + 167.13 % |
Net Profit | Rs. 119.01 Cr | Rs. 916.44 Cr | Rs. 384.08 Cr | -58.09 % | + 222.73 % |
EPS in Rs | Rs. 2.62 | Rs. 20.14 | Rs. 8.43 | -58.14 % | + 221.76 % |
In reviewing Lupin Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 19.73 % year-on-year growth, although there was a slight dip of -17.49 % from the previous quarter. Expenses rose by 4.72 % compared to the previous year, with a decrease of -7 % quarter-on-quarter. Operating Profit surged by 167.13 % annually, and saw a -42.47 % decrease from the last quarter.
Net Profit showed yearly increase of 222.73 %, and experienced a -58.09 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 221.76 % annually, however dipped by -58.14 % compared to the last quarter. In essence, while Lupin 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.