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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 8.61 % in the past year, decrease in net sales/revenue by -8.5 %.
- 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 53.54 %. Marginal increase in other income during this quarter, up by 15.38%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Ultramarine & Pigments Ltd.,. Profit dropped by -0.64 % Year to Year, Ultramarine & Pigments Ltd.,’s profitability dropped by -16 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -0.80 % Year to Year. EPS decreased by -16.03 % 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. 124.87 Cr | Rs. 148.22 Cr | Rs. 135.62 Cr | -8.5 % | + 8.61 % |
Expenses | Rs. 104.93 Cr | Rs. 125.23 Cr | Rs. 115.85 Cr | -7.49 % | + 10.41 % |
Operating Profit | Rs. 19.94 Cr | Rs. 22.99 Cr | Rs. 19.77 Cr | -14.01 % | -0.85 % |
OPM % | 15.97 % | 15.51 % | 14.58 % | -0.93 % | -1.39 % |
Other Income | Rs. 1.27 Cr | Rs. 1.69 Cr | Rs. 1.95 Cr | + 15.38 % | + 53.54 % |
Interest | Rs. 1.49 Cr | Rs. 1.65 Cr | Rs. 1.67 Cr | + 1.21 % | + 12.08 % |
Depreciation | Rs. 5.15 Cr | Rs. 5.76 Cr | Rs. 5.83 Cr | + 1.22 % | + 13.2 % |
Profit before tax | Rs. 14.57 Cr | Rs. 17.27 Cr | Rs. 14.22 Cr | -17.66 % | -2.4 % |
Tax % | 24.91 % | 25.07 % | 23.56 % | -1.51 % | -1.35 % |
Net Profit | Rs. 10.94 Cr | Rs. 12.94 Cr | Rs. 10.87 Cr | -16 % | -0.64 % |
EPS in Rs | Rs. 3.75 | Rs. 4.43 | Rs. 3.72 | -16.03 % | -0.8 % |
Today, we’re looking at Ultramarine & Pigments 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 8.61 %. However, it did see a marginal slip of -8.5 % from the previous quarter. Expenses decreased slightly by -7.49 % quarter-on-quarter, aligning with the annual rise of 10.41 %. Operating profit, while down -0.85 % compared to last year, faced a quarter-on-quarter dip of -14.01 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -1.39 %, but a shrinkage of -0.93 % sequentially. Other income rose by 15.38 % compared to the last quarter, despite an annual growth of 53.54 %. Interest expenses surged remarkably by 1.21 % from the previous quarter, yet the year-over-year increase remains at a moderate 12.08 %. Depreciation costs climbed by 1.22 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 13.2 %. Profit before tax declined annually by -2.4 % but saw a reduction from the preceding quarter by -17.66 %.
Tax expenses as a percentage of profits decreased slightly by -1.35 % compared to last year, with a more notable quarter-on-quarter decrease of -1.51 %. Net profit fell by -0.64 % year-on-year but witnessed a -16 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -0.8 % but a quarterly fall of -16.03 %. 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. 124.87 Cr | Rs. 148.22 Cr | Rs. 135.62 Cr | -8.5 % | + 8.61 % |
Expenses | Rs. 104.93 Cr | Rs. 125.23 Cr | Rs. 115.85 Cr | -7.49 % | + 10.41 % |
Operating Profit | Rs. 19.94 Cr | Rs. 22.99 Cr | Rs. 19.77 Cr | -14.01 % | -0.85 % |
Net Profit | Rs. 10.94 Cr | Rs. 12.94 Cr | Rs. 10.87 Cr | -16 % | -0.64 % |
EPS in Rs | Rs. 3.75 | Rs. 4.43 | Rs. 3.72 | -16.03 % | -0.8 % |
In reviewing Ultramarine & Pigments Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 8.61 % year-on-year growth, although there was a slight dip of -8.5 % from the previous quarter. Expenses rose by 10.41 % compared to the previous year, with a decrease of -7.49 % quarter-on-quarter. Operating Profit dropped by -0.85 % annually, and saw a -14.01 % decrease from the last quarter.
Net Profit showed yearly decrease of -0.64 %, and experienced a -16 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -0.8 % annually, however dipped by -16.03 % compared to the last quarter. In essence, while Ultramarine & Pigments Ltd., faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.