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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 2.66 % in the past year, substantial increase in net sales/revenue by 53.42 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is %, Marginal decrease of % in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Narmada Agrobase Limited. Notable increase of 522.45 % in net profit Year to Year, Narmada Agrobase Limited’s profitability increased by 376.56 % in this quarter.
- EPS over the Year and quarter: EPS increased by 542.86 % Year to Year. EPS increased by 400 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 18.261 Cr | Rs. 12.219 Cr | Rs. 18.746 Cr | + 53.42 % | + 2.66 % |
Expenses | Rs. 17.81 Cr | Rs. 11.78 Cr | Rs. 17.6 Cr | + 49.41 % | -1.18 % |
Operating Profit | Rs. 0.45 Cr | Rs. 0.44 Cr | Rs. 1.15 Cr | + 161.36 % | + 155.56 % |
OPM % | 2.46 % | 3.6 % | 6.13 % | + 2.53 % | + 3.67 % |
Other Income | Rs. 0.01 Cr | Rs. 0.02 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0.25 Cr | Rs. 0.23 Cr | Rs. 0.26 Cr | + 13.04 % | + 4 % |
Depreciation | Rs. 0.08 Cr | Rs. 0.07 Cr | Rs. 0.07 Cr | + 0 % | -12.5 % |
Profit before tax | Rs. 0.13 Cr | Rs. 0.16 Cr | Rs. 0.82 Cr | + 412.5 % | + 530.77 % |
Tax % | 26.32 % | 23.35 % | 25.97 % | + 2.62 % | -0.35 % |
Net Profit | Rs. 0.1 Cr | Rs. 0.13 Cr | Rs. 0.61 Cr | + 369.23 % | + 510 % |
EPS in Rs | Rs. 0.07 | Rs. 0.09 | Rs. 0.45 | + 400 % | + 542.86 % |
Today, we’re looking at Narmada Agrobase 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 2.66 %. However, it did see a marginal increase of 53.42 % from the previous quarter. Expenses ticked up slightly by 49.41 % quarter-on-quarter, aligning with the annual decline of -1.18 %. Operating profit, while up 155.56 % compared to last year, faced a quarter-on-quarter increase of 161.36 %, 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 3.67 %, but an expansion of 2.53 % sequentially. Interest expenses surged remarkably by 13.04 % from the previous quarter, yet the year-over-year increase remains at a moderate 4 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -12.5 %. Profit before tax grew annually by 530.77 % but saw an increase from the preceding quarter by 412.5 %.
Tax expenses as a percentage of profits decreased slightly by -0.35 % compared to last year, with a more notable quarter-on-quarter increase of 2.62 %. Net profit rose by 510 % year-on-year but experienced a 369.23 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 542.86 % but a quarterly rise of 400 %. In summary, Narmada Agrobase 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. 18.261 Cr | Rs. 12.219 Cr | Rs. 18.746 Cr | + 53.42 % | + 2.66 % |
Expenses | Rs. 17.81 Cr | Rs. 11.78 Cr | Rs. 17.6 Cr | + 49.41 % | -1.18 % |
Operating Profit | Rs. 0.45 Cr | Rs. 0.44 Cr | Rs. 1.15 Cr | + 161.36 % | + 155.56 % |
Net Profit | Rs. 0.1 Cr | Rs. 0.13 Cr | Rs. 0.61 Cr | + 369.23 % | + 510 % |
EPS in Rs | Rs. 0.07 | Rs. 0.09 | Rs. 0.45 | + 400 % | + 542.86 % |
In reviewing Narmada Agrobase Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 2.66 % year-on-year growth, however, there was a minor increase of 53.42 % from the previous quarter. Expenses decreased by -1.18 % compared to the previous year, with a 49.41 % increase quarter-on-quarter. Operating Profit surged by 155.56 % annually, and saw a 161.36 % increase from the last quarter.
Net Profit showed yearly increase of 510 %, and experienced a 369.23 % increase from the previous quarter. Earnings Per Share (EPS) rose by 542.86 % annually, however rose by 400 % compared to the last quarter. In essence, while Narmada Agrobase 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.