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Highlights
- Sales over the Year and quarter: decrease in net sales/revenue by -48.37 %.
- 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 0 %. Marginal increase in other income during this quarter, up by 0%.
- Profit over the Year and quarter: Challenges in sustaining profitability for NEELKANTH LIMITED. Profit dropped by -137.59 % Year to Year, NEELKANTH LIMITED’s profitability dropped by -58.1 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -136.92 % Year to Year. EPS decreased by -58.62 % 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. 0 Cr | Rs. 1.995 Cr | Rs. 1.03 Cr | -48.37 % | 0 % |
Expenses | Rs. 0.2 Cr | Rs. 1.73 Cr | Rs. 0.91 Cr | -47.4 % | + 355 % |
Operating Profit | Rs. -0.2 Cr | Rs. 0.27 Cr | Rs. 0.12 Cr | -55.56 % | + 160 % |
OPM % | 0 % | 13.53 % | 11.65 % | -1.88 % | + 11.65 % |
Other Income | Rs. 0.02 Cr | Rs. 0.02 Cr | Rs. 0.02 Cr | + 0 % | + 0 % |
Interest | Rs. 0.08 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | -87.5 % |
Depreciation | Rs. 0.03 Cr | Rs. 0.03 Cr | Rs. 0.03 Cr | + 0 % | + 0 % |
Profit before tax | Rs. -0.29 Cr | Rs. 0.25 Cr | Rs. 0.1 Cr | -60 % | + 134.48 % |
Tax % | -0 % | 0 % | 0 % | 0 % | 0 % |
Net Profit | Rs. -0.28 Cr | Rs. 0.25 Cr | Rs. 0.11 Cr | -56 % | + 139.29 % |
EPS in Rs | Rs. -0.65 | Rs. 0.58 | Rs. 0.24 | -58.62 % | + 136.92 % |
Today, we’re looking at NEELKANTH LIMITED’s financial performance for the Q4(Mar 2024).However, it did see a marginal slip of -48.37 % from the previous quarter. Expenses decreased slightly by -47.4 % quarter-on-quarter, aligning with the annual rise of 355 %. Operating profit, while up 160 % compared to last year, faced a quarter-on-quarter dip of -55.56 %, 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 11.65 %, but a shrinkage of -1.88 % sequentially. Other income rose by 0 % compared to the last quarter, despite an annual growth of 0 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year decrease remains at a moderate -87.5 %. 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 134.48 % but saw a reduction from the preceding quarter by -60 %.
Net profit rose by 139.29 % year-on-year but witnessed a -56 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 136.92 % but a quarterly fall of -58.62 %. In summary, NEELKANTH 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. 0 Cr | Rs. 1.995 Cr | Rs. 1.03 Cr | -48.37 % | 0 % |
Expenses | Rs. 0.2 Cr | Rs. 1.73 Cr | Rs. 0.91 Cr | -47.4 % | + 355 % |
Operating Profit | Rs. -0.2 Cr | Rs. 0.27 Cr | Rs. 0.12 Cr | -55.56 % | + 160 % |
Net Profit | Rs. -0.28 Cr | Rs. 0.25 Cr | Rs. 0.11 Cr | -56 % | + 139.29 % |
EPS in Rs | Rs. -0.65 | Rs. 0.58 | Rs. 0.24 | -58.62 % | + 136.92 % |
In reviewing NEELKANTH LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.although there was a slight dip of -48.37 % from the previous quarter. Expenses rose by 355 % compared to the previous year, with a decrease of -47.4 % quarter-on-quarter. Operating Profit surged by 160 % annually, and saw a -55.56 % decrease from the last quarter.
Net Profit showed yearly increase of 139.29 %, and experienced a -56 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 136.92 % annually, however dipped by -58.62 % compared to the last quarter. In essence, while NEELKANTH 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.
100
3-Year Profit
20
5-Year Profit
25
10-Year Profit
50.8
Current Price
22.2
Market Cap
The company associated with BSE code 512565 presents a financial narrative of mixed fortunes. Over a five-year period, the company achieved a profit of 20 percents, which subsequently rose to 100 percents over the three years that followed. Yet, despite this initial growth, the company now faces a troubling trailing twelve-month (TTM) profit loss of 200 percents. What’s particularly striking is the company’s complete absence of reported sales across all analyzed periods, which brings into question the viability of its revenue generation strategies and long-term business sustainability. Moreover, stock prices have been highly volatile, reflecting the company’s uncertain future. While the stock was valued at 63 percents over the last five years, it has recently dropped to -12 percents, underscoring a rapid decline in market confidence. Over the longer ten-year period, the stock price was at 16 percents, illustrating a pattern of fluctuating performance that could pose risks for potential investors.
The company currently holds a market cap of ₹22.2 crore, with its stock trading at ₹50.8. Historically, the stock has fluctuated between ₹57.2 / 28.2, reflecting its performance in response to market dynamics and various economic factors. The company's Price-to-Earnings (P/E) ratio stands at 73.8, indicating that the stock is perceived as highly valued by the market, possibly driven by expectations of future earnings growth. The book value per share is ₹21.8, which offers insight into the company's intrinsic worth, while its dividend yield of 0.00% provides a steady return for long-term investors. Return on Capital Employed (ROCE) is 3.62%, showcasing the company’s ability to generate profits from its capital investments. Return on Equity (ROE) is 3.18%, highlighting how efficiently the company uses shareholder funds to generate profits. The debt-to-equity ratio is very low at 0.05, which is a positive indicator of financial stability. However, the company’s net cash flow of ₹-0.08 crore raises concerns about its liquidity position. The Piotroski score of 6.00 reflects the company’s overall financial health, while the Graham Number of ₹18.3 suggests the stock's intrinsic value. Despite these factors, the Price-to-Book (P/B) ratio of 2.33 indicates that the stock is trading at a premium to its book value, which might imply market optimism about the company's future growth prospects.