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N.K.Industries Ltd.’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales decreased by 33.41 % in YoY and increased by 30.24 % in QoQ

May 9, 2024May 9, 2024| adminadmin| 0 Comments| 1:20 pm
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Highlights

  • Sales over the Year and quarter: The company’s sales declined by -33.41 % over the year, substantial increase in net sales/revenue by 30.24 %.
  • 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 500 %. Marginal increase in other income during this quarter, up by 300%.
  • Profit over the Year and quarter: Significant improvement in profitability for N.K.Industries Ltd.. Notable increase of 120.68 % in net profit Year to Year, N.K.Industries Ltd.’s profitability dropped by -308.66 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 118.75 % Year to Year. EPS decreased by -308.96 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of N.K.Industries Ltd.”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 8.588 Cr Rs. 4.391 Cr Rs. 5.719 Cr + 30.24 % -33.41 %
Expenses Rs. 7.89 Cr Rs. 4.2 Cr Rs. 4.24 Cr + 0.95 % -46.26 %
Operating Profit Rs. 0.7 Cr Rs. 0.19 Cr Rs. 1.48 Cr + 678.95 % + 111.43 %
OPM % 8.15 % 4.33 % 25.88 % + 21.55 % + 17.73 %
Other Income Rs. 0.04 Cr Rs. 0.06 Cr Rs. 0.24 Cr + 300 % + 500 %
Interest Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Depreciation Rs. 0.87 Cr Rs. 0.77 Cr Rs. 0.72 Cr -6.49 % -17.24 %
Profit before tax Rs. -0.13 Cr Rs. -0.52 Cr Rs. 1 Cr + 292.31 % + 869.23 %
Tax % -1132.43 % -22.01 % 15.55 % + 37.56 % + 1147.98 %
Net Profit Rs. 0.38 Cr Rs. -0.4 Cr Rs. 0.84 Cr + 310 % + 121.05 %
EPS in Rs Rs. 0.64 Rs. -0.67 Rs. 1.4 + 308.96 % + 118.75 %


Today, we’re looking at N.K.Industries 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 -33.41 %. However, it did see a marginal increase of 30.24 % from the previous quarter. Expenses ticked up slightly by 0.95 % quarter-on-quarter, aligning with the annual decline of -46.26 %. Operating profit, while up 111.43 % compared to last year, faced a quarter-on-quarter increase of 678.95 %, 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 17.73 %, but an expansion of 21.55 % sequentially. Other income rose by 300 % compared to the last quarter, despite an annual growth of 500 %. Depreciation costs fell by -6.49 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -17.24 %. Profit before tax grew annually by 869.23 % but saw an increase from the preceding quarter by 292.31 %.
Tax expenses as a percentage of profits increased slightly by 1147.98 % compared to last year, with a more notable quarter-on-quarter increase of 37.56 %. Net profit rose by 121.05 % year-on-year but experienced a 310 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 118.75 % but a quarterly rise of 308.96 %. In summary, N.K.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. 8.588 Cr Rs. 4.391 Cr Rs. 5.719 Cr + 30.24 % -33.41 %
Expenses Rs. 7.89 Cr Rs. 4.2 Cr Rs. 4.24 Cr + 0.95 % -46.26 %
Operating Profit Rs. 0.7 Cr Rs. 0.19 Cr Rs. 1.48 Cr + 678.95 % + 111.43 %
Net Profit Rs. 0.38 Cr Rs. -0.4 Cr Rs. 0.84 Cr + 310 % + 121.05 %
EPS in Rs Rs. 0.64 Rs. -0.67 Rs. 1.4 + 308.96 % + 118.75 %


In reviewing N.K.Industries Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -33.41 % year-on-year, however, there was a minor increase of 30.24 % from the previous quarter. Expenses decreased by -46.26 % compared to the previous year, with a 0.95 % increase quarter-on-quarter. Operating Profit surged by 111.43 % annually, and saw a 678.95 % increase from the last quarter.
Net Profit showed yearly increase of 121.05 %, and experienced a 310 % increase from the previous quarter. Earnings Per Share (EPS) rose by 118.75 % annually, however rose by 308.96 % compared to the last quarter. In essence, while N.K.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.

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