NIFTY 50 22795.9 ▼ (0.51%)
NIFTY NEXT 50 60466.8 ▼ (0.94%)
NIFTY 100 23274.05 ▼ (0.59%)
NIFTY MIDCAP 100 50486.2 ▼ (1.32%)
NIFTY SMALLCAP 100 15636.9 ▼ (0.7%)
NIFTY SMALLCAP 250 14683.4 ▼ (0.57%)
NIFTY MIDCAP SELECT 11198.9 ▼ (1.69%)
NIFTY TOTAL MARKET 11634.25 ▼ (0.67%)
NIFTY BANK 48981.2 ▼ (0.72%)
SENSEX 75311.06 ▼ (0.56%)
BSE BANKEX 55718.18 ▼ (0.82%)

Zenith Exports : Q4 2024 Financial Quarterly Report : YoY Sales Up 35.91 %, QoQ Up 8.17 %

Image is loading

Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 35.91 % in the past year, substantial increase in net sales/revenue by 8.17 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -46.67 %, Marginal increase in other income during this quarter, up by 14.29%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Zenith Exports Ltd.. Profit dropped by -132.06 % Year to Year, Zenith Exports Ltd.’s profitability increased by 110 % in this quarter.
  • EPS over the Year and quarter: EPS declined by -163.64 % Year to Year. EPS increased by 316.22 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Zenith Exports Ltd.”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. 14.62 Cr Rs. 18.37 Cr Rs. 19.87 Cr + 8.17 % + 35.91 %
Expenses Rs. 13.43 Cr Rs. 19.24 Cr Rs. 21.07 Cr + 9.51 % + 56.89 %
Operating Profit Rs. 1.19 Cr Rs. -0.87 Cr Rs. -1.2 Cr -37.93 % -200.84 %
OPM % 8.14 % -4.74 % -6.04 % -1.3 % -14.18 %
Other Income Rs. 2.25 Cr Rs. 1.05 Cr Rs. 1.2 Cr + 14.29 % -46.67 %
Interest Rs. 0.2 Cr Rs. 0.17 Cr Rs. 0.18 Cr + 5.88 % -10 %
Depreciation Rs. 0.32 Cr Rs. 0.25 Cr Rs. 0.28 Cr + 12 % -12.5 %
Profit before tax Rs. 2.92 Cr Rs. -0.24 Cr Rs. -0.46 Cr -91.67 % -115.75 %
Tax % 18.63 % -16.67 % -8.7 % + 7.97 % -27.33 %
Net Profit Rs. 1.31 Cr Rs. -0.2 Cr Rs. -0.42 Cr -110 % -132.06 %
EPS in Rs Rs. 2.42 Rs. -0.37 Rs. -1.54 -316.22 % -163.64 %


Today, we’re looking at Zenith Exports 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 35.91 %. However, it did see a marginal increase of 8.17 % from the previous quarter. Expenses ticked up slightly by 9.51 % quarter-on-quarter, aligning with the annual rise of 56.89 %. Operating profit, while down -200.84 % compared to last year, faced a quarter-on-quarter dip of -37.93 %, 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 -14.18 %, but a shrinkage of -1.3 % sequentially. Other income rose by 14.29 % compared to the last quarter, despite an annual decline of -46.67 %. Interest expenses surged remarkably by 5.88 % from the previous quarter, yet the year-over-year decrease remains at a moderate -10 %. Depreciation costs climbed by 12 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -12.5 %. Profit before tax declined annually by -115.75 % but saw a reduction from the preceding quarter by -91.67 %.
Tax expenses as a percentage of profits decreased slightly by -27.33 % compared to last year, with a more notable quarter-on-quarter increase of 7.97 %. Net profit fell by -132.06 % year-on-year but witnessed a -110 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -163.64 % but a quarterly fall of -316.22 %. In summary, Zenith Exports 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. 14.62 Cr Rs. 18.37 Cr Rs. 19.87 Cr + 8.17 % + 35.91 %
Expenses Rs. 13.43 Cr Rs. 19.24 Cr Rs. 21.07 Cr + 9.51 % + 56.89 %
Operating Profit Rs. 1.19 Cr Rs. -0.87 Cr Rs. -1.2 Cr -37.93 % -200.84 %
Net Profit Rs. 1.31 Cr Rs. -0.2 Cr Rs. -0.42 Cr -110 % -132.06 %
EPS in Rs Rs. 2.42 Rs. -0.37 Rs. -1.54 -316.22 % -163.64 %


In reviewing Zenith Exports Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 35.91 % year-on-year growth, however, there was a minor increase of 8.17 % from the previous quarter. Expenses rose by 56.89 % compared to the previous year, with a 9.51 % increase quarter-on-quarter. Operating Profit dropped by -200.84 % annually, and saw a -37.93 % decrease from the last quarter.
Net Profit showed yearly decrease of -132.06 %, and experienced a -110 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -163.64 % annually, however dipped by -316.22 % compared to the last quarter. In essence, while Zenith Exports 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.

[my_shortcode1 values=”Zenith Exports “]

Related Post