Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 26.68 % in the past year, substantial increase in net sales/revenue by 25.3 %.
- 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 342.54 %. Marginal increase in other income during this quarter, up by 1742.86%.
- Profit over the Year and quarter: Significant improvement in profitability for Nandan Denim Limited. Notable increase of 793.44 % in net profit Year to Year, Nandan Denim Limited’s profitability increased by 240.71 % in this quarter.
- EPS over the Year and quarter: EPS increased by 795.24 % Year to Year. EPS increased by 241.82 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 457.164 Cr | Rs. 462.177 Cr | Rs. 579.12 Cr | + 25.3 % | + 26.68 % |
| Expenses | Rs. 433.78 Cr | Rs. 429.86 Cr | Rs. 540.13 Cr | + 25.65 % | + 24.52 % |
| Operating Profit | Rs. 23.38 Cr | Rs. 32.32 Cr | Rs. 38.99 Cr | + 20.64 % | + 66.77 % |
| OPM % | 5.11 % | 6.99 % | 6.73 % | -0.26 % | + 1.62 % |
| Other Income | Rs. 5.83 Cr | Rs. 1.4 Cr | Rs. 25.8 Cr | + 1742.86 % | + 342.54 % |
| Interest | Rs. 17.37 Cr | Rs. 10.46 Cr | Rs. 14.63 Cr | + 39.87 % | -15.77 % |
| Depreciation | Rs. 8.13 Cr | Rs. 9.77 Cr | Rs. 11.39 Cr | + 16.58 % | + 40.1 % |
| Profit before tax | Rs. 3.71 Cr | Rs. 13.49 Cr | Rs. 38.77 Cr | + 187.4 % | + 945.01 % |
| Tax % | 18.35 % | 41 % | 30.07 % | -10.93 % | + 11.72 % |
| Net Profit | Rs. 3.03 Cr | Rs. 7.96 Cr | Rs. 27.11 Cr | + 240.58 % | + 794.72 % |
| EPS in Rs | Rs. 0.21 | Rs. 0.55 | Rs. 1.88 | + 241.82 % | + 795.24 % |
Today, we’re looking at Nandan Denim Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 26.68 %. However, it did see a marginal increase of 25.3 % from the previous quarter. Expenses ticked up slightly by 25.65 % quarter-on-quarter, aligning with the annual rise of 24.52 %. Operating profit, while up 66.77 % compared to last year, faced a quarter-on-quarter increase of 20.64 %, 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 1.62 %, but a shrinkage of -0.26 % sequentially. Other income rose by 1742.86 % compared to the last quarter, despite an annual growth of 342.54 %. Interest expenses surged remarkably by 39.87 % from the previous quarter, yet the year-over-year decrease remains at a moderate -15.77 %. Depreciation costs climbed by 16.58 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 40.1 %. Profit before tax grew annually by 945.01 % but saw an increase from the preceding quarter by 187.4 %.
Tax expenses as a percentage of profits increased slightly by 11.72 % compared to last year, with a more notable quarter-on-quarter decrease of -10.93 %. Net profit rose by 794.72 % year-on-year but experienced a 240.58 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 795.24 % but a quarterly rise of 241.82 %. In summary, Nandan Denim 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. 457.164 Cr | Rs. 462.177 Cr | Rs. 579.12 Cr | + 25.3 % | + 26.68 % |
| Expenses | Rs. 433.78 Cr | Rs. 429.86 Cr | Rs. 540.13 Cr | + 25.65 % | + 24.52 % |
| Operating Profit | Rs. 23.38 Cr | Rs. 32.32 Cr | Rs. 38.99 Cr | + 20.64 % | + 66.77 % |
| Net Profit | Rs. 3.03 Cr | Rs. 7.96 Cr | Rs. 27.11 Cr | + 240.58 % | + 794.72 % |
| EPS in Rs | Rs. 0.21 | Rs. 0.55 | Rs. 1.88 | + 241.82 % | + 795.24 % |
In reviewing Nandan Denim Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 26.68 % year-on-year growth, however, there was a minor increase of 25.3 % from the previous quarter. Expenses rose by 24.52 % compared to the previous year, with a 25.65 % increase quarter-on-quarter. Operating Profit surged by 66.77 % annually, and saw a 20.64 % increase from the last quarter.
Net Profit showed yearly increase of 794.72 %, and experienced a 240.58 % increase from the previous quarter. Earnings Per Share (EPS) rose by 795.24 % annually, however rose by 241.82 % compared to the last quarter. In essence, while Nandan Denim 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.
