Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 13.89 % in the past year, substantial increase in net sales/revenue by 0.93 %.
- 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 227.27 %. Marginal increase in other income during this quarter, up by 118.18%.
- Profit over the Year and quarter: Significant improvement in profitability for Navkar Corporation Limited. Notable increase of 116.7 % in net profit Year to Year, Navkar Corporation Limited’s profitability dropped by -149.01 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 118.18 % Year to Year. EPS decreased by -148.48 % in previous quarter. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 103.546 Cr | Rs. 116.843 Cr | Rs. 117.924 Cr | + 0.93 % | + 13.89 % |
| Expenses | Rs. 85.92 Cr | Rs. 104.51 Cr | Rs. 98.58 Cr | -5.67 % | + 14.73 % |
| Operating Profit | Rs. 17.63 Cr | Rs. 12.33 Cr | Rs. 19.34 Cr | + 56.85 % | + 9.7 % |
| OPM % | 17.03 % | 10.55 % | 16.4 % | + 5.85 % | -0.63 % |
| Other Income | Rs. -0.44 Cr | Rs. -3.08 Cr | Rs. 0.56 Cr | + 118.18 % | + 227.27 % |
| Interest | Rs. 3.66 Cr | Rs. 5.27 Cr | Rs. 5.68 Cr | + 7.78 % | + 55.19 % |
| Depreciation | Rs. 6.86 Cr | Rs. 11.12 Cr | Rs. 12.19 Cr | + 9.62 % | + 77.7 % |
| Profit before tax | Rs. 6.67 Cr | Rs. -7.14 Cr | Rs. 2.03 Cr | + 128.43 % | -69.57 % |
| Tax % | 33.28 % | 4456.4 % | 259.21 % | -4197.19 % | + 225.93 % |
| Net Profit | Rs. 3.35 Cr | Rs. -14.8 Cr | Rs. 7.26 Cr | + 149.05 % | + 116.72 % |
| EPS in Rs | Rs. 0.22 | Rs. -0.99 | Rs. 0.48 | + 148.48 % | + 118.18 % |
Today, we’re looking at Navkar Corporation 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 13.89 %. However, it did see a marginal increase of 0.93 % from the previous quarter. Expenses decreased slightly by -5.67 % quarter-on-quarter, aligning with the annual rise of 14.73 %. Operating profit, while up 9.7 % compared to last year, faced a quarter-on-quarter increase of 56.85 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.63 %, but an expansion of 5.85 % sequentially. Other income rose by 118.18 % compared to the last quarter, despite an annual growth of 227.27 %. Interest expenses surged remarkably by 7.78 % from the previous quarter, yet the year-over-year increase remains at a moderate 55.19 %. Depreciation costs climbed by 9.62 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 77.7 %. Profit before tax declined annually by -69.57 % but saw an increase from the preceding quarter by 128.43 %.
Tax expenses as a percentage of profits increased slightly by 225.93 % compared to last year, with a more notable quarter-on-quarter decrease of -4197.19 %. Net profit rose by 116.72 % year-on-year but experienced a 149.05 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 118.18 % but a quarterly rise of 148.48 %. In summary, Navkar Corporation 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. 103.546 Cr | Rs. 116.843 Cr | Rs. 117.924 Cr | + 0.93 % | + 13.89 % |
| Expenses | Rs. 85.92 Cr | Rs. 104.51 Cr | Rs. 98.58 Cr | -5.67 % | + 14.73 % |
| Operating Profit | Rs. 17.63 Cr | Rs. 12.33 Cr | Rs. 19.34 Cr | + 56.85 % | + 9.7 % |
| Net Profit | Rs. 3.35 Cr | Rs. -14.8 Cr | Rs. 7.26 Cr | + 149.05 % | + 116.72 % |
| EPS in Rs | Rs. 0.22 | Rs. -0.99 | Rs. 0.48 | + 148.48 % | + 118.18 % |
In reviewing Navkar Corporation Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.89 % year-on-year growth, however, there was a minor increase of 0.93 % from the previous quarter. Expenses rose by 14.73 % compared to the previous year, with a decrease of -5.67 % quarter-on-quarter. Operating Profit surged by 9.7 % annually, and saw a 56.85 % increase from the last quarter.
Net Profit showed yearly increase of 116.72 %, and experienced a 149.05 % increase from the previous quarter. Earnings Per Share (EPS) rose by 118.18 % annually, however rose by 148.48 % compared to the last quarter. In essence, while Navkar Corporation 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.
