NHC FOODS : Q4 2024 Financial Quarterly Report : YoY Sales Up 38.96 %, QoQ Up 71.64 %

The comprehensive analytics outlining the performance and outlook of NHC FOODS LIMITED”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.

Today, we’re looking at NHC FOODS 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 38.96 %. However, it did see a marginal increase of 71.64 % from the previous quarter. Expenses ticked up slightly by 72.89 % quarter-on-quarter, aligning with the annual rise of 40.24 %. Operating profit, while down -0.56 % compared to last year, faced a quarter-on-quarter increase of 30.66 %, 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 -0.89 %, but a shrinkage of -0.71 % sequentially. Other income rose by 612.5 % compared to the last quarter, despite an annual growth of 442.86 %. Interest expenses surged remarkably by 7.69 % from the previous quarter, yet the year-over-year increase remains at a moderate 100 %. Depreciation costs climbed by 59.38 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 70 %. Profit before tax grew annually by 22.48 % but saw an increase from the preceding quarter by 267.44 %.
Tax expenses as a percentage of profits decreased slightly by -12.14 % compared to last year, with a more notable quarter-on-quarter increase of 31.26 %. Net profit rose by 47.95 % year-on-year but experienced a 151.16 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 46.77 % but a quarterly rise of 145.95 %. In summary, NHC FOODS LIMITED’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing NHC FOODS LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 38.96 % year-on-year growth, however, there was a minor increase of 71.64 % from the previous quarter. Expenses rose by 40.24 % compared to the previous year, with a 72.89 % increase quarter-on-quarter. Operating Profit dropped by -0.56 % annually, and saw a 30.66 % increase from the last quarter.
Net Profit showed yearly increase of 47.95 %, and experienced a 151.16 % increase from the previous quarter. Earnings Per Share (EPS) rose by 46.77 % annually, however rose by 145.95 % compared to the last quarter. In essence, while NHC FOODS 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.