Nahar Spinning Mills : Q4 2024 Financial Quarterly Report : YoY Sales Up 12.67 %, QoQ Up 7.59 %

The comprehensive analytics outlining the performance and outlook of Nahar Spinning Mills 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.

Today, we’re looking at Nahar Spinning Mills 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 12.67 %. However, it did see a marginal increase of 7.59 % from the previous quarter. Expenses ticked up slightly by 4.62 % quarter-on-quarter, aligning with the annual rise of 12.02 %. Operating profit, while up 26.16 % compared to last year, faced a quarter-on-quarter increase of 127.26 %, 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 0.55 %, but an expansion of 2.69 % sequentially. Other income rose by 162.2 % compared to the last quarter, despite an annual decline of -40.95 %. Interest expenses surged remarkably by 32.41 % from the previous quarter, yet the year-over-year increase remains at a moderate 169.63 %. Depreciation costs climbed by 5.34 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 22.17 %. Profit before tax declined annually by -89.1 % but saw an increase from the preceding quarter by 108.57 %.
Tax expenses as a percentage of profits increased slightly by 360.35 % compared to last year, with a more notable quarter-on-quarter increase of 418.18 %. Net profit fell by -103.78 % year-on-year but experienced a 97.57 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -105.19 % but a quarterly rise of 94.79 %. In summary, Nahar Spinning Mills Ltd.,’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Nahar Spinning Mills Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 12.67 % year-on-year growth, however, there was a minor increase of 7.59 % from the previous quarter. Expenses rose by 12.02 % compared to the previous year, with a 4.62 % increase quarter-on-quarter. Operating Profit surged by 26.16 % annually, and saw a 127.26 % increase from the last quarter.
Net Profit showed yearly decrease of -103.78 %, and experienced a 97.57 % increase from the previous quarter. Earnings Per Share (EPS) fell by -105.19 % annually, however rose by 94.79 % compared to the last quarter. In essence, while Nahar Spinning Mills Ltd., faces strong annual decline 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.