Share the post "NTC INDUSTRIES : Q4 2024 Financial Quarterly Report : YoY Sales Up 23.47 %, QoQ Up 66.94 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 23.47 % in the past year, substantial increase in net sales/revenue by 66.94 %.
- 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 321.52 %. Marginal decrease of -9.79% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for NTC INDUSTRIES LIMITED. Notable increase of 128.32 % in net profit Year to Year, NTC INDUSTRIES LIMITED’s profitability dropped by -306.97 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 128.13 % Year to Year. EPS decreased by -306.6 % 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. 11.059 Cr | Rs. 8.179 Cr | Rs. 13.654 Cr | + 66.94 % | + 23.47 % |
Expenses | Rs. 8.88 Cr | Rs. 10.23 Cr | Rs. 11.99 Cr | + 17.2 % | + 35.02 % |
Operating Profit | Rs. 2.18 Cr | Rs. -2.05 Cr | Rs. 1.66 Cr | + 180.98 % | -23.85 % |
OPM % | 19.71 % | -25.06 % | 12.16 % | + 37.22 % | -7.55 % |
Other Income | Rs. -0.79 Cr | Rs. 1.94 Cr | Rs. 1.75 Cr | -9.79 % | + 321.52 % |
Interest | Rs. 0.12 Cr | Rs. 0.11 Cr | Rs. 0.14 Cr | + 27.27 % | + 16.67 % |
Depreciation | Rs. 0.51 Cr | Rs. 0.53 Cr | Rs. 0.52 Cr | -1.89 % | + 1.96 % |
Profit before tax | Rs. 0.76 Cr | Rs. -0.75 Cr | Rs. 2.75 Cr | + 466.67 % | + 261.84 % |
Tax % | 252.94 % | 1.37 % | -26.92 % | -28.29 % | -279.86 % |
Net Profit | Rs. -1.14 Cr | Rs. 1.26 Cr | Rs. -2.61 Cr | -307.14 % | -128.95 % |
EPS in Rs | Rs. -0.96 | Rs. 1.06 | Rs. -2.19 | -306.6 % | -128.13 % |
Today, we’re looking at NTC INDUSTRIES 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 23.47 %. However, it did see a marginal increase of 66.94 % from the previous quarter. Expenses ticked up slightly by 17.2 % quarter-on-quarter, aligning with the annual rise of 35.02 %. Operating profit, while down -23.85 % compared to last year, faced a quarter-on-quarter increase of 180.98 %, 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 -7.55 %, but an expansion of 37.22 % sequentially. Other income fell by -9.79 % compared to the last quarter, despite an annual growth of 321.52 %. Interest expenses surged remarkably by 27.27 % from the previous quarter, yet the year-over-year increase remains at a moderate 16.67 %. Depreciation costs fell by -1.89 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 1.96 %. Profit before tax grew annually by 261.84 % but saw an increase from the preceding quarter by 466.67 %.
Tax expenses as a percentage of profits decreased slightly by -279.86 % compared to last year, with a more notable quarter-on-quarter decrease of -28.29 %. Net profit fell by -128.95 % year-on-year but witnessed a -307.14 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -128.13 % but a quarterly fall of -306.6 %. In summary, NTC INDUSTRIES 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. 11.059 Cr | Rs. 8.179 Cr | Rs. 13.654 Cr | + 66.94 % | + 23.47 % |
Expenses | Rs. 8.88 Cr | Rs. 10.23 Cr | Rs. 11.99 Cr | + 17.2 % | + 35.02 % |
Operating Profit | Rs. 2.18 Cr | Rs. -2.05 Cr | Rs. 1.66 Cr | + 180.98 % | -23.85 % |
Net Profit | Rs. -1.14 Cr | Rs. 1.26 Cr | Rs. -2.61 Cr | -307.14 % | -128.95 % |
EPS in Rs | Rs. -0.96 | Rs. 1.06 | Rs. -2.19 | -306.6 % | -128.13 % |
In reviewing NTC INDUSTRIES LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 23.47 % year-on-year growth, however, there was a minor increase of 66.94 % from the previous quarter. Expenses rose by 35.02 % compared to the previous year, with a 17.2 % increase quarter-on-quarter. Operating Profit dropped by -23.85 % annually, and saw a 180.98 % increase from the last quarter.
Net Profit showed yearly decrease of -128.95 %, and experienced a -307.14 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -128.13 % annually, however dipped by -306.6 % compared to the last quarter. In essence, while NTC INDUSTRIES LIMITED faces strong annual decline 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.