Share the post "Oil Country Tubular Ltd. : .Q4 .2024 .Quarterly Earnings: .YoY Sales Up .7281.7. %, QoQ Up .88.89. %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 7281.7 % in the past year, substantial increase in net sales/revenue by 88.89 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -11.65 %, Marginal increase in other income during this quarter, up by 911.11%.
- Profit over the Year and quarter: Significant improvement in profitability for Oil Country Tubular Ltd.. Notable increase of 5.73 % in net profit Year to Year, Oil Country Tubular Ltd.’s profitability dropped by -9.34 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 5.75 % Year to Year. EPS decreased by -9.32 % 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. 0.153 Cr | Rs. 5.979 Cr | Rs. 11.294 Cr | + 88.89 % | + 7281.7 % |
Expenses | Rs. 2.56 Cr | Rs. 4.07 Cr | Rs. 7.91 Cr | + 94.35 % | + 208.98 % |
Operating Profit | Rs. -2.41 Cr | Rs. 1.91 Cr | Rs. 3.38 Cr | + 76.96 % | + 240.25 % |
OPM % | -1575.16 % | 31.95 % | 29.93 % | -2.02 % | + 1605.09 % |
Other Income | Rs. 1.03 Cr | Rs. 0.09 Cr | Rs. 0.91 Cr | + 911.11 % | -11.65 % |
Interest | Rs. 2.47 Cr | Rs. 1.62 Cr | Rs. 1.75 Cr | + 8.02 % | -29.15 % |
Depreciation | Rs. 15.65 Cr | Rs. 22.64 Cr | Rs. 18.08 Cr | -20.14 % | + 15.53 % |
Profit before tax | Rs. -19.5 Cr | Rs. -22.26 Cr | Rs. -15.54 Cr | + 30.19 % | + 20.31 % |
Tax % | -28.98 % | -27.45 % | -8.56 % | + 18.89 % | + 20.42 % |
Net Profit | Rs. -13.85 Cr | Rs. -16.15 Cr | Rs. -14.64 Cr | + 9.35 % | -5.7 % |
EPS in Rs | Rs. -3.13 | Rs. -3.65 | Rs. -3.31 | + 9.32 % | -5.75 % |
Today, we’re looking at Oil Country Tubular Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 7281.7 %. However, it did see a marginal increase of 88.89 % from the previous quarter. Expenses ticked up slightly by 94.35 % quarter-on-quarter, aligning with the annual rise of 208.98 %. Operating profit, while up 240.25 % compared to last year, faced a quarter-on-quarter increase of 76.96 %, 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 1605.09 %, but a shrinkage of -2.02 % sequentially. Other income rose by 911.11 % compared to the last quarter, despite an annual decline of -11.65 %. Interest expenses surged remarkably by 8.02 % from the previous quarter, yet the year-over-year decrease remains at a moderate -29.15 %. Depreciation costs fell by -20.14 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 15.53 %. Profit before tax grew annually by 20.31 % but saw an increase from the preceding quarter by 30.19 %.
Tax expenses as a percentage of profits increased slightly by 20.42 % compared to last year, with a more notable quarter-on-quarter increase of 18.89 %. Net profit fell by -5.7 % year-on-year but experienced a 9.35 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -5.75 % but a quarterly rise of 9.32 %. In summary, Oil Country Tubular Ltd.’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. 0.153 Cr | Rs. 5.979 Cr | Rs. 11.294 Cr | + 88.89 % | + 7281.7 % |
Expenses | Rs. 2.56 Cr | Rs. 4.07 Cr | Rs. 7.91 Cr | + 94.35 % | + 208.98 % |
Operating Profit | Rs. -2.41 Cr | Rs. 1.91 Cr | Rs. 3.38 Cr | + 76.96 % | + 240.25 % |
Net Profit | Rs. -13.85 Cr | Rs. -16.15 Cr | Rs. -14.64 Cr | + 9.35 % | -5.7 % |
EPS in Rs | Rs. -3.13 | Rs. -3.65 | Rs. -3.31 | + 9.32 % | -5.75 % |
In reviewing Oil Country Tubular Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7281.7 % year-on-year growth, however, there was a minor increase of 88.89 % from the previous quarter. Expenses rose by 208.98 % compared to the previous year, with a 94.35 % increase quarter-on-quarter. Operating Profit surged by 240.25 % annually, and saw a 76.96 % increase from the last quarter.
Net Profit showed yearly decrease of -5.7 %, and experienced a 9.35 % increase from the previous quarter. Earnings Per Share (EPS) fell by -5.75 % annually, however rose by 9.32 % compared to the last quarter. In essence, while Oil Country Tubular Ltd. 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.