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Highlights
- Sales over the Year and quarter: The company’s sales declined by -57.35 % over the year, substantial increase in net sales/revenue by 5.83 %.
- 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 49.14 %. Marginal decrease of -8.95% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Niraj Cement Structurals Limited. Notable increase of 187.56 % in net profit Year to Year, Niraj Cement Structurals Limited’s profitability increased by 455.97 % in this quarter.
- EPS over the Year and quarter: EPS increased by 187.30 % Year to Year. EPS increased by 448.48 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 314.264 Cr | Rs. 126.66 Cr | Rs. 134.048 Cr | + 5.83 % | -57.35 % |
Expenses | Rs. 307.76 Cr | Rs. 122.9 Cr | Rs. 125.95 Cr | + 2.48 % | -59.08 % |
Operating Profit | Rs. 6.5 Cr | Rs. 3.76 Cr | Rs. 8.1 Cr | + 115.43 % | + 24.62 % |
OPM % | 2.07 % | 2.97 % | 6.04 % | + 3.07 % | + 3.97 % |
Other Income | Rs. 1.16 Cr | Rs. 1.9 Cr | Rs. 1.73 Cr | -8.95 % | + 49.14 % |
Interest | Rs. 0.24 Cr | Rs. 0.02 Cr | Rs. 0.02 Cr | + 0 % | -91.67 % |
Depreciation | Rs. 0.31 Cr | Rs. 0.43 Cr | Rs. 0.25 Cr | -41.86 % | -19.35 % |
Profit before tax | Rs. 7.11 Cr | Rs. 5.21 Cr | Rs. 9.56 Cr | + 83.49 % | + 34.46 % |
Tax % | 38.6 % | 20.9 % | 24.06 % | + 3.16 % | -14.54 % |
Net Profit | Rs. 2.53 Cr | Rs. 1.31 Cr | Rs. 7.26 Cr | + 454.2 % | + 186.96 % |
EPS in Rs | Rs. 0.63 | Rs. 0.33 | Rs. 1.81 | + 448.48 % | + 187.3 % |
Today, we’re looking at Niraj Cement Structurals 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 -57.35 %. However, it did see a marginal increase of 5.83 % from the previous quarter. Expenses ticked up slightly by 2.48 % quarter-on-quarter, aligning with the annual decline of -59.08 %. Operating profit, while up 24.62 % compared to last year, faced a quarter-on-quarter increase of 115.43 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 3.97 %, but an expansion of 3.07 % sequentially. Other income fell by -8.95 % compared to the last quarter, despite an annual growth of 49.14 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year decrease remains at a moderate -91.67 %. Depreciation costs fell by -41.86 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -19.35 %. Profit before tax grew annually by 34.46 % but saw an increase from the preceding quarter by 83.49 %.
Tax expenses as a percentage of profits decreased slightly by -14.54 % compared to last year, with a more notable quarter-on-quarter increase of 3.16 %. Net profit rose by 186.96 % year-on-year but experienced a 454.2 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 187.3 % but a quarterly rise of 448.48 %. In summary, Niraj Cement Structurals 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. 314.264 Cr | Rs. 126.66 Cr | Rs. 134.048 Cr | + 5.83 % | -57.35 % |
Expenses | Rs. 307.76 Cr | Rs. 122.9 Cr | Rs. 125.95 Cr | + 2.48 % | -59.08 % |
Operating Profit | Rs. 6.5 Cr | Rs. 3.76 Cr | Rs. 8.1 Cr | + 115.43 % | + 24.62 % |
Net Profit | Rs. 2.53 Cr | Rs. 1.31 Cr | Rs. 7.26 Cr | + 454.2 % | + 186.96 % |
EPS in Rs | Rs. 0.63 | Rs. 0.33 | Rs. 1.81 | + 448.48 % | + 187.3 % |
In reviewing Niraj Cement Structurals Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -57.35 % year-on-year, however, there was a minor increase of 5.83 % from the previous quarter. Expenses decreased by -59.08 % compared to the previous year, with a 2.48 % increase quarter-on-quarter. Operating Profit surged by 24.62 % annually, and saw a 115.43 % increase from the last quarter.
Net Profit showed yearly increase of 186.96 %, and experienced a 454.2 % increase from the previous quarter. Earnings Per Share (EPS) rose by 187.3 % annually, however rose by 448.48 % compared to the last quarter. In essence, while Niraj Cement Structurals 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.