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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 31.03 % in the past year, substantial increase in net sales/revenue by 23.28 %.
- 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 19.55 %. Marginal increase in other income during this quarter, up by 56.88%.
- Profit over the Year and quarter: Significant improvement in profitability for NCC Limited. Notable increase of 17.62 % in net profit Year to Year, NCC Limited’s profitability increased by 3.37 % in this quarter.
- EPS over the Year and quarter: EPS increased by 25.33 % Year to Year. EPS increased by 8.55 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 4949.03 Cr | Rs. 5260.08 Cr | Rs. 6484.88 Cr | + 23.28 % | + 31.03 % |
| Expenses | Rs. 4484.42 Cr | Rs. 4754.67 Cr | Rs. 5934.36 Cr | + 24.81 % | + 32.33 % |
| Operating Profit | Rs. 464.61 Cr | Rs. 505.41 Cr | Rs. 550.52 Cr | + 8.93 % | + 18.49 % |
| OPM % | 9.39 % | 9.61 % | 8.49 % | -1.12 % | -0.9 % |
| Other Income | Rs. 38.16 Cr | Rs. 29.08 Cr | Rs. 45.62 Cr | + 56.88 % | + 19.55 % |
| Interest | Rs. 142.66 Cr | Rs. 155.87 Cr | Rs. 153.1 Cr | -1.78 % | + 7.32 % |
| Depreciation | Rs. 53.08 Cr | Rs. 53.48 Cr | Rs. 52.42 Cr | -1.98 % | -1.24 % |
| Profit before tax | Rs. 307.03 Cr | Rs. 325.14 Cr | Rs. 390.62 Cr | + 20.14 % | + 27.23 % |
| Tax % | 31.27 % | 29.09 % | 33.37 % | + 4.28 % | + 2.1 % |
| Net Profit | Rs. 202.97 Cr | Rs. 230.96 Cr | Rs. 238.74 Cr | + 3.37 % | + 17.62 % |
| EPS in Rs | Rs. 3.04 | Rs. 3.51 | Rs. 3.81 | + 8.55 % | + 25.33 % |
Today, we’re looking at NCC 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 31.03 %. However, it did see a marginal increase of 23.28 % from the previous quarter. Expenses ticked up slightly by 24.81 % quarter-on-quarter, aligning with the annual rise of 32.33 %. Operating profit, while up 18.49 % compared to last year, faced a quarter-on-quarter increase of 8.93 %, 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 -0.9 %, but a shrinkage of -1.12 % sequentially. Other income rose by 56.88 % compared to the last quarter, despite an annual growth of 19.55 %. Interest expenses dropped significantly by -1.78 % from the previous quarter, yet the year-over-year increase remains at a moderate 7.32 %. Depreciation costs fell by -1.98 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -1.24 %. Profit before tax grew annually by 27.23 % but saw an increase from the preceding quarter by 20.14 %.
Tax expenses as a percentage of profits increased slightly by 2.1 % compared to last year, with a more notable quarter-on-quarter increase of 4.28 %. Net profit rose by 17.62 % year-on-year but experienced a 3.37 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 25.33 % but a quarterly rise of 8.55 %. In summary, NCC 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. 4949.03 Cr | Rs. 5260.08 Cr | Rs. 6484.88 Cr | + 23.28 % | + 31.03 % |
| Expenses | Rs. 4484.42 Cr | Rs. 4754.67 Cr | Rs. 5934.36 Cr | + 24.81 % | + 32.33 % |
| Operating Profit | Rs. 464.61 Cr | Rs. 505.41 Cr | Rs. 550.52 Cr | + 8.93 % | + 18.49 % |
| Net Profit | Rs. 202.97 Cr | Rs. 230.96 Cr | Rs. 238.74 Cr | + 3.37 % | + 17.62 % |
| EPS in Rs | Rs. 3.04 | Rs. 3.51 | Rs. 3.81 | + 8.55 % | + 25.33 % |
In reviewing NCC Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 31.03 % year-on-year growth, however, there was a minor increase of 23.28 % from the previous quarter. Expenses rose by 32.33 % compared to the previous year, with a 24.81 % increase quarter-on-quarter. Operating Profit surged by 18.49 % annually, and saw a 8.93 % increase from the last quarter.
Net Profit showed yearly increase of 17.62 %, and experienced a 3.37 % increase from the previous quarter. Earnings Per Share (EPS) rose by 25.33 % annually, however rose by 8.55 % compared to the last quarter. In essence, while NCC 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.
