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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 4.65 % in the past year, substantial increase in net sales/revenue by 11.76 %.
- 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 43.22 %. Marginal decrease of -73.29% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for NATH INDUSTRIES LIMITED. Notable increase of 119.05 % in net profit Year to Year, NATH INDUSTRIES LIMITED’s profitability increased by 159.15 % in this quarter.
- EPS over the Year and quarter: EPS increased by 111.11 % Year to Year. EPS increased by 171.43 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 83.718 Cr | Rs. 78.399 Cr | Rs. 87.615 Cr | + 11.76 % | + 4.65 % |
| Expenses | Rs. 80.85 Cr | Rs. 76.19 Cr | Rs. 82.52 Cr | + 8.31 % | + 2.07 % |
| Operating Profit | Rs. 2.87 Cr | Rs. 2.21 Cr | Rs. 5.1 Cr | + 130.77 % | + 77.7 % |
| OPM % | 3.43 % | 2.82 % | 5.82 % | + 3 % | + 2.39 % |
| Other Income | Rs. 0.472 Cr | Rs. 2.531 Cr | Rs. 0.676 Cr | -73.29 % | + 43.22 % |
| Interest | Rs. 1.35 Cr | Rs. 3.02 Cr | Rs. 3.14 Cr | + 3.97 % | + 132.59 % |
| Depreciation | Rs. 1.79 Cr | Rs. 1.37 Cr | Rs. 2.27 Cr | + 65.69 % | + 26.82 % |
| Profit before tax | Rs. 0.2 Cr | Rs. 0.35 Cr | Rs. 0.37 Cr | + 5.71 % | + 85 % |
| Tax % | 16.83 % | 59.31 % | 0 % | -59.31 % | -16.83 % |
| Net Profit | Rs. 0.17 Cr | Rs. 0.14 Cr | Rs. 0.37 Cr | + 164.29 % | + 117.65 % |
| EPS in Rs | Rs. 0.09 | Rs. 0.07 | Rs. 0.19 | + 171.43 % | + 111.11 % |
Today, we’re looking at NATH INDUSTRIES LIMITED’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 4.65 %. However, it did see a marginal increase of 11.76 % from the previous quarter. Expenses ticked up slightly by 8.31 % quarter-on-quarter, aligning with the annual rise of 2.07 %. Operating profit, while up 77.7 % compared to last year, faced a quarter-on-quarter increase of 130.77 %, 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 2.39 %, but an expansion of 3 % sequentially. Other income fell by -73.29 % compared to the last quarter, despite an annual growth of 43.22 %. Interest expenses surged remarkably by 3.97 % from the previous quarter, yet the year-over-year increase remains at a moderate 132.59 %. Depreciation costs climbed by 65.69 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 26.82 %. Profit before tax grew annually by 85 % but saw an increase from the preceding quarter by 5.71 %.
Tax expenses as a percentage of profits decreased slightly by -16.83 % compared to last year, with a more notable quarter-on-quarter decrease of -59.31 %. Net profit rose by 117.65 % year-on-year but experienced a 164.29 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 111.11 % but a quarterly rise of 171.43 %. In summary, NATH INDUSTRIES 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. 83.718 Cr | Rs. 78.399 Cr | Rs. 87.615 Cr | + 11.76 % | + 4.65 % |
| Expenses | Rs. 80.85 Cr | Rs. 76.19 Cr | Rs. 82.52 Cr | + 8.31 % | + 2.07 % |
| Operating Profit | Rs. 2.87 Cr | Rs. 2.21 Cr | Rs. 5.1 Cr | + 130.77 % | + 77.7 % |
| Net Profit | Rs. 0.17 Cr | Rs. 0.14 Cr | Rs. 0.37 Cr | + 164.29 % | + 117.65 % |
| EPS in Rs | Rs. 0.09 | Rs. 0.07 | Rs. 0.19 | + 171.43 % | + 111.11 % |
In reviewing NATH INDUSTRIES LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 4.65 % year-on-year growth, however, there was a minor increase of 11.76 % from the previous quarter. Expenses rose by 2.07 % compared to the previous year, with a 8.31 % increase quarter-on-quarter. Operating Profit surged by 77.7 % annually, and saw a 130.77 % increase from the last quarter.
Net Profit showed yearly increase of 117.65 %, and experienced a 164.29 % increase from the previous quarter. Earnings Per Share (EPS) rose by 111.11 % annually, however rose by 171.43 % compared to the last quarter. In essence, while NATH INDUSTRIES 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.
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