Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 24.86 % in the past year, decrease in net sales/revenue by -14.73 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -32.56 %, Marginal decrease of -6.45% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Lyka Labs Ltd.,. Profit dropped by -30.31 % Year to Year, Lyka Labs Ltd.,’s profitability dropped by -217.24 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 264.76 % Year to Year. EPS decreased by -822.64 % 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. 22.239 Cr | Rs. 32.564 Cr | Rs. 27.767 Cr | -14.73 % | + 24.86 % |
| Expenses | Rs. 18.94 Cr | Rs. 25.7 Cr | Rs. 25.74 Cr | + 0.16 % | + 35.9 % |
| Operating Profit | Rs. 3.3 Cr | Rs. 6.86 Cr | Rs. 2.03 Cr | -70.41 % | -38.48 % |
| OPM % | 14.84 % | 21.07 % | 7.31 % | -13.76 % | -7.53 % |
| Other Income | Rs. 0.43 Cr | Rs. 0.31 Cr | Rs. 0.29 Cr | -6.45 % | -32.56 % |
| Interest | Rs. 2.85 Cr | Rs. 1.28 Cr | Rs. 1.07 Cr | -16.41 % | -62.46 % |
| Depreciation | Rs. 3.47 Cr | Rs. 2.84 Cr | Rs. 2.9 Cr | + 2.11 % | -16.43 % |
| Profit before tax | Rs. -2.59 Cr | Rs. 3.05 Cr | Rs. -1.65 Cr | -154.1 % | + 36.29 % |
| Tax % | -0.13 % | 38.7 % | -28.18 % | -66.88 % | -28.05 % |
| Net Profit | Rs. -3 Cr | Rs. 1.78 Cr | Rs. -2.09 Cr | -217.42 % | + 30.33 % |
| EPS in Rs | Rs. -1.05 | Rs. 0.53 | Rs. -3.83 | -822.64 % | -264.76 % |
Today, we’re looking at Lyka Labs 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 24.86 %. However, it did see a marginal slip of -14.73 % from the previous quarter. Expenses ticked up slightly by 0.16 % quarter-on-quarter, aligning with the annual rise of 35.9 %. Operating profit, while down -38.48 % compared to last year, faced a quarter-on-quarter dip of -70.41 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -7.53 %, but a shrinkage of -13.76 % sequentially. Other income fell by -6.45 % compared to the last quarter, despite an annual decline of -32.56 %. Interest expenses dropped significantly by -16.41 % from the previous quarter, yet the year-over-year decrease remains at a moderate -62.46 %. Depreciation costs climbed by 2.11 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -16.43 %. Profit before tax grew annually by 36.29 % but saw a reduction from the preceding quarter by -154.1 %.
Tax expenses as a percentage of profits decreased slightly by -28.05 % compared to last year, with a more notable quarter-on-quarter decrease of -66.88 %. Net profit rose by 30.33 % year-on-year but witnessed a -217.42 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -264.76 % but a quarterly fall of -822.64 %. In summary, Lyka Labs 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. 22.239 Cr | Rs. 32.564 Cr | Rs. 27.767 Cr | -14.73 % | + 24.86 % |
| Expenses | Rs. 18.94 Cr | Rs. 25.7 Cr | Rs. 25.74 Cr | + 0.16 % | + 35.9 % |
| Operating Profit | Rs. 3.3 Cr | Rs. 6.86 Cr | Rs. 2.03 Cr | -70.41 % | -38.48 % |
| Net Profit | Rs. -3 Cr | Rs. 1.78 Cr | Rs. -2.09 Cr | -217.42 % | + 30.33 % |
| EPS in Rs | Rs. -1.05 | Rs. 0.53 | Rs. -3.83 | -822.64 % | -264.76 % |
In reviewing Lyka Labs Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 24.86 % year-on-year growth, although there was a slight dip of -14.73 % from the previous quarter. Expenses rose by 35.9 % compared to the previous year, with a 0.16 % increase quarter-on-quarter. Operating Profit dropped by -38.48 % annually, and saw a -70.41 % decrease from the last quarter.
Net Profit showed yearly increase of 30.33 %, and experienced a -217.42 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -264.76 % annually, however dipped by -822.64 % compared to the last quarter. In essence, while Lyka Labs 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.
