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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 11.81 % in the past year, substantial increase in net sales/revenue by 22.4 %.
- 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 120 %. Marginal increase in other income during this quarter, up by 37.5%.
- Profit over the Year and quarter: Significant improvement in profitability for ZIM Laboratories Limited. Notable increase of 11.75 % in net profit Year to Year, ZIM Laboratories Limited’s profitability increased by 68.99 % in this quarter.
- EPS over the Year and quarter: EPS increased by 12.16 % Year to Year. EPS increased by 69.39 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 105.411 Cr | Rs. 96.293 Cr | Rs. 117.863 Cr | + 22.4 % | + 11.81 % |
Expenses | Rs. 89.96 Cr | Rs. 84.76 Cr | Rs. 102.21 Cr | + 20.59 % | + 13.62 % |
Operating Profit | Rs. 15.45 Cr | Rs. 11.53 Cr | Rs. 15.65 Cr | + 35.73 % | + 1.29 % |
OPM % | 14.66 % | 11.97 % | 13.28 % | + 1.31 % | -1.38 % |
Other Income | Rs. 0.7 Cr | Rs. 1.12 Cr | Rs. 1.54 Cr | + 37.5 % | + 120 % |
Interest | Rs. 1.27 Cr | Rs. 1.7 Cr | Rs. 2.28 Cr | + 34.12 % | + 79.53 % |
Depreciation | Rs. 4.93 Cr | Rs. 3.94 Cr | Rs. 3.91 Cr | -0.76 % | -20.69 % |
Profit before tax | Rs. 9.95 Cr | Rs. 7.01 Cr | Rs. 11 Cr | + 56.92 % | + 10.55 % |
Tax % | 27.23 % | 31.78 % | 26.49 % | -5.29 % | -0.74 % |
Net Profit | Rs. 7.24 Cr | Rs. 4.79 Cr | Rs. 8.09 Cr | + 68.89 % | + 11.74 % |
EPS in Rs | Rs. 1.48 | Rs. 0.98 | Rs. 1.66 | + 69.39 % | + 12.16 % |
Today, we’re looking at ZIM Laboratories 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 11.81 %. However, it did see a marginal increase of 22.4 % from the previous quarter. Expenses ticked up slightly by 20.59 % quarter-on-quarter, aligning with the annual rise of 13.62 %. Operating profit, while up 1.29 % compared to last year, faced a quarter-on-quarter increase of 35.73 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -1.38 %, but an expansion of 1.31 % sequentially. Other income rose by 37.5 % compared to the last quarter, despite an annual growth of 120 %. Interest expenses surged remarkably by 34.12 % from the previous quarter, yet the year-over-year increase remains at a moderate 79.53 %. Depreciation costs fell by -0.76 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -20.69 %. Profit before tax grew annually by 10.55 % but saw an increase from the preceding quarter by 56.92 %.
Tax expenses as a percentage of profits decreased slightly by -0.74 % compared to last year, with a more notable quarter-on-quarter decrease of -5.29 %. Net profit rose by 11.74 % year-on-year but experienced a 68.89 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 12.16 % but a quarterly rise of 69.39 %. In summary, ZIM Laboratories 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. 105.411 Cr | Rs. 96.293 Cr | Rs. 117.863 Cr | + 22.4 % | + 11.81 % |
Expenses | Rs. 89.96 Cr | Rs. 84.76 Cr | Rs. 102.21 Cr | + 20.59 % | + 13.62 % |
Operating Profit | Rs. 15.45 Cr | Rs. 11.53 Cr | Rs. 15.65 Cr | + 35.73 % | + 1.29 % |
Net Profit | Rs. 7.24 Cr | Rs. 4.79 Cr | Rs. 8.09 Cr | + 68.89 % | + 11.74 % |
EPS in Rs | Rs. 1.48 | Rs. 0.98 | Rs. 1.66 | + 69.39 % | + 12.16 % |
In reviewing ZIM Laboratories Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 11.81 % year-on-year growth, however, there was a minor increase of 22.4 % from the previous quarter. Expenses rose by 13.62 % compared to the previous year, with a 20.59 % increase quarter-on-quarter. Operating Profit surged by 1.29 % annually, and saw a 35.73 % increase from the last quarter.
Net Profit showed yearly increase of 11.74 %, and experienced a 68.89 % increase from the previous quarter. Earnings Per Share (EPS) rose by 12.16 % annually, however rose by 69.39 % compared to the last quarter. In essence, while ZIM Laboratories 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.