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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.
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.