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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 3.11 % in the past year, decrease in net sales/revenue by -5.24 %.
- 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 114.58 %. Marginal increase in other income during this quarter, up by 47.14%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Zenith Fibres Limited. Profit dropped by -175.11 % Year to Year, Zenith Fibres Limited’s profitability dropped by -67.62 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -175.44 % Year to Year. EPS decreased by -67.42 % 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. 8.544 Cr | Rs. 9.297 Cr | Rs. 8.81 Cr | -5.24 % | + 3.11 % |
Expenses | Rs. 9.07 Cr | Rs. 9.12 Cr | Rs. 9.39 Cr | + 2.96 % | + 3.53 % |
Operating Profit | Rs. -0.53 Cr | Rs. 0.18 Cr | Rs. -0.58 Cr | -422.22 % | -9.43 % |
OPM % | -6.2 % | 1.94 % | -6.58 % | -8.52 % | -0.38 % |
Other Income | Rs. 0.48 Cr | Rs. 0.7 Cr | Rs. 1.03 Cr | + 47.14 % | + 114.58 % |
Interest | Rs. 0.04 Cr | Rs. 0.02 Cr | Rs. 0.02 Cr | + 0 % | -50 % |
Depreciation | Rs. 0.2 Cr | Rs. 0.2 Cr | Rs. 0.2 Cr | + 0 % | + 0 % |
Profit before tax | Rs. -0.29 Cr | Rs. 0.66 Cr | Rs. 0.23 Cr | -65.15 % | + 179.31 % |
Tax % | -20.42 % | 19.82 % | 24.89 % | + 5.07 % | + 45.31 % |
Net Profit | Rs. -0.23 Cr | Rs. 0.52 Cr | Rs. 0.17 Cr | -67.31 % | + 173.91 % |
EPS in Rs | Rs. -0.57 | Rs. 1.32 | Rs. 0.43 | -67.42 % | + 175.44 % |
Today, we’re looking at Zenith Fibres Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 3.11 %. However, it did see a marginal slip of -5.24 % from the previous quarter. Expenses ticked up slightly by 2.96 % quarter-on-quarter, aligning with the annual rise of 3.53 %. Operating profit, while down -9.43 % compared to last year, faced a quarter-on-quarter dip of -422.22 %, 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 -0.38 %, but a shrinkage of -8.52 % sequentially. Other income rose by 47.14 % compared to the last quarter, despite an annual growth of 114.58 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year decrease remains at a moderate -50 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 179.31 % but saw a reduction from the preceding quarter by -65.15 %.
Tax expenses as a percentage of profits increased slightly by 45.31 % compared to last year, with a more notable quarter-on-quarter increase of 5.07 %. Net profit rose by 173.91 % year-on-year but witnessed a -67.31 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 175.44 % but a quarterly fall of -67.42 %. In summary, Zenith Fibres 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. 8.544 Cr | Rs. 9.297 Cr | Rs. 8.81 Cr | -5.24 % | + 3.11 % |
Expenses | Rs. 9.07 Cr | Rs. 9.12 Cr | Rs. 9.39 Cr | + 2.96 % | + 3.53 % |
Operating Profit | Rs. -0.53 Cr | Rs. 0.18 Cr | Rs. -0.58 Cr | -422.22 % | -9.43 % |
Net Profit | Rs. -0.23 Cr | Rs. 0.52 Cr | Rs. 0.17 Cr | -67.31 % | + 173.91 % |
EPS in Rs | Rs. -0.57 | Rs. 1.32 | Rs. 0.43 | -67.42 % | + 175.44 % |
In reviewing Zenith Fibres Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 3.11 % year-on-year growth, although there was a slight dip of -5.24 % from the previous quarter. Expenses rose by 3.53 % compared to the previous year, with a 2.96 % increase quarter-on-quarter. Operating Profit dropped by -9.43 % annually, and saw a -422.22 % decrease from the last quarter.
Net Profit showed yearly increase of 173.91 %, and experienced a -67.31 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 175.44 % annually, however dipped by -67.42 % compared to the last quarter. In essence, while Zenith Fibres Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.