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National General Industries : Q4 2024 Financial Quarterly Report : YoY Sales Up 29.02 %, QoQ Up 18.89 %

July 1, 2024July 1, 2024| adminadmin| 0 Comments| 6:40 am
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 29.02 % in the past year, substantial increase in net sales/revenue by 18.89 %.
  • 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 228.57 %. Marginal increase in other income during this quarter, up by 134.69%.
  • Profit over the Year and quarter: Significant improvement in profitability for National General Industries Ltd.. Notable increase of 238.42 % in net profit Year to Year, National General Industries Ltd.’s profitability dropped by -68.31 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 234.15 % Year to Year. EPS decreased by -68.43 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of National General 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. 2.864 Cr Rs. 3.108 Cr Rs. 3.695 Cr + 18.89 % + 29.02 %
Expenses Rs. 2.89 Cr Rs. 3.14 Cr Rs. 3.96 Cr + 26.11 % + 37.02 %
Operating Profit Rs. -0.03 Cr Rs. -0.03 Cr Rs. -0.27 Cr -800 % -800 %
OPM % -1.05 % -0.97 % -7.31 % -6.34 % -6.26 %
Other Income Rs. 0.35 Cr Rs. 0.49 Cr Rs. 1.15 Cr + 134.69 % + 228.57 %
Interest Rs. 0.04 Cr Rs. 0.04 Cr Rs. 0.04 Cr + 0 % + 0 %
Depreciation Rs. 0.09 Cr Rs. 0.09 Cr Rs. 0.09 Cr + 0 % + 0 %
Profit before tax Rs. 0.19 Cr Rs. 0.33 Cr Rs. 0.75 Cr + 127.27 % + 294.74 %
Tax % 2.06 % 3.2 % 15.39 % + 12.19 % + 13.33 %
Net Profit Rs. 0.19 Cr Rs. 2.03 Cr Rs. 0.64 Cr -68.47 % + 236.84 %
EPS in Rs Rs. 0.34 Rs. 3.67 Rs. 1.16 -68.39 % + 241.18 %


Today, we’re looking at National General Industries 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 29.02 %. However, it did see a marginal increase of 18.89 % from the previous quarter. Expenses ticked up slightly by 26.11 % quarter-on-quarter, aligning with the annual rise of 37.02 %. Operating profit, while down -800 % compared to last year, faced a quarter-on-quarter dip of -800 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -6.26 %, but a shrinkage of -6.34 % sequentially. Other income rose by 134.69 % compared to the last quarter, despite an annual growth of 228.57 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 294.74 % but saw an increase from the preceding quarter by 127.27 %.
Tax expenses as a percentage of profits increased slightly by 13.33 % compared to last year, with a more notable quarter-on-quarter increase of 12.19 %. Net profit rose by 236.84 % year-on-year but witnessed a -68.47 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 241.18 % but a quarterly fall of -68.39 %. In summary, National General 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. 2.864 Cr Rs. 3.108 Cr Rs. 3.695 Cr + 18.89 % + 29.02 %
Expenses Rs. 2.89 Cr Rs. 3.14 Cr Rs. 3.96 Cr + 26.11 % + 37.02 %
Operating Profit Rs. -0.03 Cr Rs. -0.03 Cr Rs. -0.27 Cr -800 % -800 %
Net Profit Rs. 0.19 Cr Rs. 2.03 Cr Rs. 0.64 Cr -68.47 % + 236.84 %
EPS in Rs Rs. 0.34 Rs. 3.67 Rs. 1.16 -68.39 % + 241.18 %


In reviewing National General Industries Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 29.02 % year-on-year growth, however, there was a minor increase of 18.89 % from the previous quarter. Expenses rose by 37.02 % compared to the previous year, with a 26.11 % increase quarter-on-quarter. Operating Profit dropped by -800 % annually, and saw a -800 % decrease from the last quarter.
Net Profit showed yearly increase of 236.84 %, and experienced a -68.47 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 241.18 % annually, however dipped by -68.39 % compared to the last quarter. In essence, while National General Industries Ltd. exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.

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