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ORIENT CEMENT LIMITED’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by (1.37) % in YoY and increased by 18.2 % in QoQ

May 2, 2024May 2, 2024| adminadmin| 0 Comments| 4:55 pm
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 1.37 % in the past year, substantial increase in net sales/revenue by 18.2 %.
  • 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 54.85 %. Marginal increase in other income during this quarter, up by 293.19%.
  • Profit over the Year and quarter: Significant improvement in profitability for ORIENT CEMENT LIMITED. Notable increase of 1.22 % in net profit Year to Year, ORIENT CEMENT LIMITED’s profitability increased by 51.58 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 1.22 % Year to Year. EPS increased by 51.36 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of ORIENT CEMENT 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.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 876.034 Cr Rs. 751.309 Cr Rs. 888.028 Cr + 18.2 % + 1.37 %
Expenses Rs. 736.58 Cr Rs. 635.91 Cr Rs. 739.93 Cr + 16.36 % + 0.45 %
Operating Profit Rs. 139.45 Cr Rs. 115.4 Cr Rs. 148.1 Cr + 28.34 % + 6.2 %
OPM % 15.92 % 15.36 % 16.68 % + 1.32 % + 0.76 %
Other Income Rs. 4.85 Cr Rs. 1.91 Cr Rs. 7.51 Cr + 293.19 % + 54.85 %
Interest Rs. 9.53 Cr Rs. 7.88 Cr Rs. 7.96 Cr + 1.02 % -16.47 %
Depreciation Rs. 36.47 Cr Rs. 37.65 Cr Rs. 37.64 Cr -0.03 % + 3.21 %
Profit before tax Rs. 98.3 Cr Rs. 71.78 Cr Rs. 110.01 Cr + 53.26 % + 11.91 %
Tax % 31.46 % 37.32 % 38.01 % + 0.69 % + 6.55 %
Net Profit Rs. 67.38 Cr Rs. 44.99 Cr Rs. 68.2 Cr + 51.59 % + 1.22 %
EPS in Rs Rs. 3.29 Rs. 2.2 Rs. 3.33 + 51.36 % + 1.22 %


Today, we’re looking at ORIENT CEMENT 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 1.37 %. However, it did see a marginal increase of 18.2 % from the previous quarter. Expenses ticked up slightly by 16.36 % quarter-on-quarter, aligning with the annual rise of 0.45 %. Operating profit, while up 6.2 % compared to last year, faced a quarter-on-quarter increase of 28.34 %, 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 0.76 %, but an expansion of 1.32 % sequentially. Other income rose by 293.19 % compared to the last quarter, despite an annual growth of 54.85 %. Interest expenses surged remarkably by 1.02 % from the previous quarter, yet the year-over-year decrease remains at a moderate -16.47 %. Depreciation costs fell by -0.03 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.21 %. Profit before tax grew annually by 11.91 % but saw an increase from the preceding quarter by 53.26 %.
Tax expenses as a percentage of profits increased slightly by 6.55 % compared to last year, with a more notable quarter-on-quarter increase of 0.69 %. Net profit rose by 1.22 % year-on-year but experienced a 51.59 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 1.22 % but a quarterly rise of 51.36 %. In summary, ORIENT CEMENT 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. 876.034 Cr Rs. 751.309 Cr Rs. 888.028 Cr + 18.2 % + 1.37 %
Expenses Rs. 736.58 Cr Rs. 635.91 Cr Rs. 739.93 Cr + 16.36 % + 0.45 %
Operating Profit Rs. 139.45 Cr Rs. 115.4 Cr Rs. 148.1 Cr + 28.34 % + 6.2 %
Net Profit Rs. 67.38 Cr Rs. 44.99 Cr Rs. 68.2 Cr + 51.59 % + 1.22 %
EPS in Rs Rs. 3.29 Rs. 2.2 Rs. 3.33 + 51.36 % + 1.22 %


In reviewing ORIENT CEMENT LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1.37 % year-on-year growth, however, there was a minor increase of 18.2 % from the previous quarter. Expenses rose by 0.45 % compared to the previous year, with a 16.36 % increase quarter-on-quarter. Operating Profit surged by 6.2 % annually, and saw a 28.34 % increase from the last quarter.
Net Profit showed yearly increase of 1.22 %, and experienced a 51.59 % increase from the previous quarter. Earnings Per Share (EPS) rose by 1.22 % annually, however rose by 51.36 % compared to the last quarter. In essence, while ORIENT CEMENT 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.

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