Highlights
- Sales over the Year and quarter: The company’s sales declined by -0.44 % over the year, substantial increase in net sales/revenue by 24.39 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -4.04 %, Marginal increase in other income during this quarter, up by 46.31%.
- Profit over the Year and quarter: Significant improvement in profitability for Universal Cables Limited. Notable increase of 18.3 % in net profit Year to Year, Universal Cables Limited’s profitability increased by 102.73 % in this quarter.
- EPS over the Year and quarter: EPS increased by 18.34 % Year to Year. EPS increased by 102.9 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 582.875 Cr | Rs. 466.541 Cr | Rs. 580.326 Cr | + 24.39 % | -0.44 % |
| Expenses | Rs. 531.09 Cr | Rs. 425.84 Cr | Rs. 519.16 Cr | + 21.91 % | -2.25 % |
| Operating Profit | Rs. 51.79 Cr | Rs. 40.7 Cr | Rs. 61.17 Cr | + 50.29 % | + 18.11 % |
| OPM % | 8.89 % | 8.72 % | 10.54 % | + 1.82 % | + 1.65 % |
| Other Income | Rs. 35.16 Cr | Rs. 23.06 Cr | Rs. 33.74 Cr | + 46.31 % | -4.04 % |
| Interest | Rs. 27.27 Cr | Rs. 24.41 Cr | Rs. 23.65 Cr | -3.11 % | -13.27 % |
| Depreciation | Rs. 5.56 Cr | Rs. 6.12 Cr | Rs. 6.42 Cr | + 4.9 % | + 15.47 % |
| Profit before tax | Rs. 54.12 Cr | Rs. 33.23 Cr | Rs. 64.84 Cr | + 95.12 % | + 19.81 % |
| Tax % | 65.5 % | 61.11 % | 47.82 % | -13.29 % | -17.68 % |
| Net Profit | Rs. 41.06 Cr | Rs. 23.96 Cr | Rs. 48.57 Cr | + 102.71 % | + 18.29 % |
| EPS in Rs | Rs. 11.83 | Rs. 6.9 | Rs. 14 | + 102.9 % | + 18.34 % |
Today, we’re looking at Universal Cables Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -0.44 %. However, it did see a marginal increase of 24.39 % from the previous quarter. Expenses ticked up slightly by 21.91 % quarter-on-quarter, aligning with the annual decline of -2.25 %. Operating profit, while up 18.11 % compared to last year, faced a quarter-on-quarter increase of 50.29 %, 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 1.65 %, but an expansion of 1.82 % sequentially. Other income rose by 46.31 % compared to the last quarter, despite an annual decline of -4.04 %. Interest expenses dropped significantly by -3.11 % from the previous quarter, yet the year-over-year decrease remains at a moderate -13.27 %. Depreciation costs climbed by 4.9 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 15.47 %. Profit before tax grew annually by 19.81 % but saw an increase from the preceding quarter by 95.12 %.
Tax expenses as a percentage of profits decreased slightly by -17.68 % compared to last year, with a more notable quarter-on-quarter decrease of -13.29 %. Net profit rose by 18.29 % year-on-year but experienced a 102.71 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 18.34 % but a quarterly rise of 102.9 %. In summary, Universal Cables 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. 582.875 Cr | Rs. 466.541 Cr | Rs. 580.326 Cr | + 24.39 % | -0.44 % |
| Expenses | Rs. 531.09 Cr | Rs. 425.84 Cr | Rs. 519.16 Cr | + 21.91 % | -2.25 % |
| Operating Profit | Rs. 51.79 Cr | Rs. 40.7 Cr | Rs. 61.17 Cr | + 50.29 % | + 18.11 % |
| Net Profit | Rs. 41.06 Cr | Rs. 23.96 Cr | Rs. 48.57 Cr | + 102.71 % | + 18.29 % |
| EPS in Rs | Rs. 11.83 | Rs. 6.9 | Rs. 14 | + 102.9 % | + 18.34 % |
In reviewing Universal Cables Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -0.44 % year-on-year, however, there was a minor increase of 24.39 % from the previous quarter. Expenses decreased by -2.25 % compared to the previous year, with a 21.91 % increase quarter-on-quarter. Operating Profit surged by 18.11 % annually, and saw a 50.29 % increase from the last quarter.
Net Profit showed yearly increase of 18.29 %, and experienced a 102.71 % increase from the previous quarter. Earnings Per Share (EPS) rose by 18.34 % annually, however rose by 102.9 % compared to the last quarter. In essence, while Universal Cables 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.
