Share the post "Ultramarine & Pigments announced Financial Results Q1 2024-25"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 23 % in the past year, substantial increase in net sales/revenue by 18.37 %.
- 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 55.8 %. Marginal increase in other income during this quarter, up by 44.62%.
- Profit over the Year and quarter: Significant improvement in profitability for Ultramarine & Pigments Ltd.,. Notable increase of 0 % in net profit Year to Year, Ultramarine & Pigments Ltd.,’s profitability increased by 52.16 % in this quarter.
- EPS over the Year and quarter: EPS increased by 0.00 % Year to Year. EPS increased by 52.15 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 130.52 Cr | Rs. 135.62 Cr | Rs. 160.54 Cr | + 18.37 % | + 23 % |
Expenses | Rs. 103.59 Cr | Rs. 115.85 Cr | Rs. 134.06 Cr | + 15.72 % | + 29.41 % |
Operating Profit | Rs. 26.93 Cr | Rs. 19.77 Cr | Rs. 26.48 Cr | + 33.94 % | -1.67 % |
OPM % | 20.63 % | 14.58 % | 16.49 % | + 1.91 % | -4.14 % |
Other Income | Rs. 1.81 Cr | Rs. 1.95 Cr | Rs. 2.82 Cr | + 44.62 % | + 55.8 % |
Interest | Rs. 1.6 Cr | Rs. 1.67 Cr | Rs. 1.7 Cr | + 1.8 % | + 6.25 % |
Depreciation | Rs. 5.03 Cr | Rs. 5.83 Cr | Rs. 5.54 Cr | -4.97 % | + 10.14 % |
Profit before tax | Rs. 22.11 Cr | Rs. 14.22 Cr | Rs. 22.06 Cr | + 55.13 % | -0.23 % |
Tax % | 25.19 % | 23.56 % | 25.02 % | + 1.46 % | -0.17 % |
Net Profit | Rs. 16.54 Cr | Rs. 10.87 Cr | Rs. 16.54 Cr | + 52.16 % | + 0 % |
EPS in Rs | Rs. 5.66 | Rs. 3.72 | Rs. 5.66 | + 52.15 % | + 0 % |
Today, we’re looking at Ultramarine & Pigments Ltd.,’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 23 %. However, it did see a marginal increase of 18.37 % from the previous quarter. Expenses ticked up slightly by 15.72 % quarter-on-quarter, aligning with the annual rise of 29.41 %. Operating profit, while down -1.67 % compared to last year, faced a quarter-on-quarter increase of 33.94 %, 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 -4.14 %, but an expansion of 1.91 % sequentially. Other income rose by 44.62 % compared to the last quarter, despite an annual growth of 55.8 %. Interest expenses surged remarkably by 1.8 % from the previous quarter, yet the year-over-year increase remains at a moderate 6.25 %. Depreciation costs fell by -4.97 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 10.14 %. Profit before tax declined annually by -0.23 % but saw an increase from the preceding quarter by 55.13 %.
Tax expenses as a percentage of profits decreased slightly by -0.17 % compared to last year, with a more notable quarter-on-quarter increase of 1.46 %. Net profit rose by 0 % year-on-year but experienced a 52.16 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 0 % but a quarterly rise of 52.15 %. In summary, Ultramarine & Pigments 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. 130.52 Cr | Rs. 135.62 Cr | Rs. 160.54 Cr | + 18.37 % | + 23 % |
Expenses | Rs. 103.59 Cr | Rs. 115.85 Cr | Rs. 134.06 Cr | + 15.72 % | + 29.41 % |
Operating Profit | Rs. 26.93 Cr | Rs. 19.77 Cr | Rs. 26.48 Cr | + 33.94 % | -1.67 % |
Net Profit | Rs. 16.54 Cr | Rs. 10.87 Cr | Rs. 16.54 Cr | + 52.16 % | + 0 % |
EPS in Rs | Rs. 5.66 | Rs. 3.72 | Rs. 5.66 | + 52.15 % | + 0 % |
In reviewing Ultramarine & Pigments Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 23 % year-on-year growth, however, there was a minor increase of 18.37 % from the previous quarter. Expenses rose by 29.41 % compared to the previous year, with a 15.72 % increase quarter-on-quarter. Operating Profit dropped by -1.67 % annually, and saw a 33.94 % increase from the last quarter.
Net Profit showed yearly increase of 0 %, and experienced a 52.16 % increase from the previous quarter. Earnings Per Share (EPS) rose by 0 % annually, however rose by 52.15 % compared to the last quarter. In essence, while Ultramarine & Pigments 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.
[my_shortcode1 values=”Ultramarine & Pigments “]