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Highlights
- Sales over the Year and quarter: The company’s sales declined by -40.75% over the yearDecrease in net sales/revenue by -62.30%
- 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 45.55%Marginal increase in other income during this quarter, up by 5.99%.
- Profit over the Year and quarter: Significant improvement in profitability for National Standard (India) Limited. Notable increase of 56.51% in net profit Year to YearNational Standard (India) Limited’s profitability dropped by -14.14% Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 56.30% Year to Year.EPS decreased by -14.23%. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 9.426 Cr | Rs. 14.815 Cr | Rs. 5.585 Cr | -62.3% | -40.75% |
Expenses | Rs. 8.61 Cr | Rs. 12.24 Cr | Rs. 4.11 Cr | -66.42% | -52.26% |
Operating Profit | Rs. 0.82 Cr | Rs. 2.58 Cr | Rs. 1.48 Cr | -42.64% | + 80.49% |
OPM % | 8.7 % | 17.41 % | 26.5 % | + 9.09% | + 17.8% |
Other Income | Rs. 2.92 Cr | Rs. 4.01 Cr | Rs. 4.25 Cr | + 5.99% | + 45.55% |
Interest | Rs. 0.04 Cr | Rs. 0 Cr | Rs. 0 Cr | 0% | 0% |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0% | 0% |
Profit before tax | Rs. 3.7 Cr | Rs. 6.59 Cr | Rs. 5.73 Cr | -13.05% | + 54.86% |
Tax % | 26.87 % | 25.23 % | 26.17 % | + 0.94% | -0.7% |
Net Profit | Rs. 2.7 Cr | Rs. 4.92 Cr | Rs. 4.22 Cr | -14.23% | + 56.3% |
EPS in Rs | Rs. 1.35 | Rs. 2.46 | Rs. 2.11 | -14.23% | + 56.3% |
Today, we’re looking at National Standard (India) Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -40.75%. However, it did see a marginal slip of -62.3% from the previous quarter.Expenses decreased slightly by -66.42% quarter-on-quarter, aligning with the annual decline of -52.26%. Operating profit, while up 80.49% compared to last year, faced a quarter-on-quarter dip of -42.64%, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 17.8%, but an expansion of 9.09% sequentially. Other income rose by 5.99% compared to the last quarter,despite an annual growth of 45.55%. Profit before tax grew annually by 54.86% but saw a reduction from the preceding quarter by -13.05%.
Tax expenses as a percentage of profits decreased slightly by -0.7% compared to last year, with a more notable quarter-on-quarter increase of 0.94%. Net profit rose by 56.3% year-on-year but witnessed a -14.23% contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 56.3% but a quarterly fall of -14.23%. In summary, National Standard (India) 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. 9.426 Cr | Rs. 14.815 Cr | Rs. 5.585 Cr | -62.3% | -40.75% |
Expenses | Rs. 8.61 Cr | Rs. 12.24 Cr | Rs. 4.11 Cr | -66.42% | -52.26% |
Operating Profit | Rs. 0.82 Cr | Rs. 2.58 Cr | Rs. 1.48 Cr | -42.64% | + 80.49% |
Net Profit | Rs. 2.7 Cr | Rs. 4.92 Cr | Rs. 4.22 Cr | -14.23% | + 56.3% |
EPS in Rs | Rs. 1.35 | Rs. 2.46 | Rs. 2.11 | -14.23% | + 56.3% |
In reviewing National Standard (India) Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -40.75% year-on-year, although there was a slight dip of -62.3% from the previous quarter.Expenses decreased by -52.26% compared to the previous year, with a decrease of -66.42% quarter-on-quarter. Operating Profit surged by 80.49% annually, and saw a -42.64% decrease from the last quarter.
Net Profit showed yearly increase of 56.3%, and experienced a -14.23% decrease from the previous quarter.Earnings Per Share (EPS) rose by 56.3% annually, however dipped by -14.23% compared to the last quarter. In essence, while National Standard (India) Limited 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.