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Highlights
- Sales over the Year and quarter: The company’s sales declined by -1.07 % over the year, substantial increase in net sales/revenue by 58.34 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -13.21 %, Marginal increase in other income during this quarter, up by 164.92%.
- Profit over the Year and quarter: Significant improvement in profitability for LUX Industries Limited. Notable increase of 84.62 % in net profit Year to Year, LUX Industries Limited’s profitability increased by 182.66 % in this quarter.
- EPS over the Year and quarter: EPS increased by 77.94 % Year to Year. EPS increased by 174.85 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 715.19 Cr | Rs. 446.86 Cr | Rs. 707.55 Cr | + 58.34 % | -1.07 % |
Expenses | Rs. 673.02 Cr | Rs. 412.58 Cr | Rs. 632 Cr | + 53.18 % | -6.09 % |
Operating Profit | Rs. 42.17 Cr | Rs. 34.28 Cr | Rs. 75.55 Cr | + 120.39 % | + 79.16 % |
OPM % | 5.9 % | 7.67 % | 10.68 % | + 3.01 % | + 4.78 % |
Other Income | Rs. 9.92 Cr | Rs. 3.25 Cr | Rs. 8.61 Cr | + 164.92 % | -13.21 % |
Interest | Rs. 5.81 Cr | Rs. 5.06 Cr | Rs. 4.17 Cr | -17.59 % | -28.23 % |
Depreciation | Rs. 5.36 Cr | Rs. 5.99 Cr | Rs. 3.64 Cr | -39.23 % | -32.09 % |
Profit before tax | Rs. 40.92 Cr | Rs. 26.48 Cr | Rs. 76.35 Cr | + 188.33 % | + 86.58 % |
Tax % | 27.08 % | 26.4 % | 27.85 % | + 1.45 % | + 0.77 % |
Net Profit | Rs. 29.84 Cr | Rs. 19.49 Cr | Rs. 55.09 Cr | + 182.66 % | + 84.62 % |
EPS in Rs | Rs. 10.38 | Rs. 6.72 | Rs. 18.47 | + 174.85 % | + 77.94 % |
Today, we’re looking at LUX Industries 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 -1.07 %. However, it did see a marginal increase of 58.34 % from the previous quarter. Expenses ticked up slightly by 53.18 % quarter-on-quarter, aligning with the annual decline of -6.09 %. Operating profit, while up 79.16 % compared to last year, faced a quarter-on-quarter increase of 120.39 %, 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 4.78 %, but an expansion of 3.01 % sequentially. Other income rose by 164.92 % compared to the last quarter, despite an annual decline of -13.21 %. Interest expenses dropped significantly by -17.59 % from the previous quarter, yet the year-over-year decrease remains at a moderate -28.23 %. Depreciation costs fell by -39.23 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -32.09 %. Profit before tax grew annually by 86.58 % but saw an increase from the preceding quarter by 188.33 %.
Tax expenses as a percentage of profits increased slightly by 0.77 % compared to last year, with a more notable quarter-on-quarter increase of 1.45 %. Net profit rose by 84.62 % year-on-year but experienced a 182.66 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 77.94 % but a quarterly rise of 174.85 %. In summary, LUX Industries 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. 715.19 Cr | Rs. 446.86 Cr | Rs. 707.55 Cr | + 58.34 % | -1.07 % |
Expenses | Rs. 673.02 Cr | Rs. 412.58 Cr | Rs. 632 Cr | + 53.18 % | -6.09 % |
Operating Profit | Rs. 42.17 Cr | Rs. 34.28 Cr | Rs. 75.55 Cr | + 120.39 % | + 79.16 % |
Net Profit | Rs. 29.84 Cr | Rs. 19.49 Cr | Rs. 55.09 Cr | + 182.66 % | + 84.62 % |
EPS in Rs | Rs. 10.38 | Rs. 6.72 | Rs. 18.47 | + 174.85 % | + 77.94 % |
In reviewing LUX Industries Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -1.07 % year-on-year, however, there was a minor increase of 58.34 % from the previous quarter. Expenses decreased by -6.09 % compared to the previous year, with a 53.18 % increase quarter-on-quarter. Operating Profit surged by 79.16 % annually, and saw a 120.39 % increase from the last quarter.
Net Profit showed yearly increase of 84.62 %, and experienced a 182.66 % increase from the previous quarter. Earnings Per Share (EPS) rose by 77.94 % annually, however rose by 174.85 % compared to the last quarter. In essence, while LUX Industries 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.