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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 2852.61 % in the past year, substantial increase in net sales/revenue by 10.84 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is %,
- Profit over the Year and quarter: Significant improvement in profitability for Eureka Industries Ltd.. Notable increase of 76.83 % in net profit Year to Year, Eureka Industries Ltd.’s profitability increased by 21.01 % in this quarter.
- EPS over the Year and quarter: EPS increased by 76.58 % Year to Year. EPS increased by 20.78 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.249 Cr | Rs. 6.633 Cr | Rs. 7.352 Cr | + 10.84 % | + 2852.61 % |
Expenses | Rs. 1.98 Cr | Rs. 8.65 Cr | Rs. 9.73 Cr | + 12.49 % | + 391.41 % |
Operating Profit | Rs. -1.73 Cr | Rs. -2.02 Cr | Rs. -2.38 Cr | -17.82 % | -37.57 % |
OPM % | -694.78 % | -30.45 % | -32.37 % | -1.92 % | + 662.41 % |
Other Income | Rs. 0.01 Cr | Rs. -0 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0.06 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. -1.72 Cr | Rs. -2.02 Cr | Rs. -2.44 Cr | -20.79 % | -41.86 % |
Tax % | -19.76 % | -0 % | -0 % | 0 % | + 19.76 % |
Net Profit | Rs. -1.38 Cr | Rs. -2.02 Cr | Rs. -2.44 Cr | -20.79 % | -76.81 % |
EPS in Rs | Rs. -1.58 | Rs. -2.31 | Rs. -2.79 | -20.78 % | -76.58 % |
Today, we’re looking at Eureka Industries 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 2852.61 %. However, it did see a marginal increase of 10.84 % from the previous quarter. Expenses ticked up slightly by 12.49 % quarter-on-quarter, aligning with the annual rise of 391.41 %. Operating profit, while down -37.57 % compared to last year, faced a quarter-on-quarter dip of -17.82 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 662.41 %, but a shrinkage of -1.92 % sequentially. Profit before tax declined annually by -41.86 % but saw a reduction from the preceding quarter by -20.79 %.
Tax expenses as a percentage of profits increased slightly by 19.76 % compared to last year, Net profit fell by -76.81 % year-on-year but witnessed a -20.79 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -76.58 % but a quarterly fall of -20.78 %. In summary, Eureka Industries 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. 0.249 Cr | Rs. 6.633 Cr | Rs. 7.352 Cr | + 10.84 % | + 2852.61 % |
Expenses | Rs. 1.98 Cr | Rs. 8.65 Cr | Rs. 9.73 Cr | + 12.49 % | + 391.41 % |
Operating Profit | Rs. -1.73 Cr | Rs. -2.02 Cr | Rs. -2.38 Cr | -17.82 % | -37.57 % |
Net Profit | Rs. -1.38 Cr | Rs. -2.02 Cr | Rs. -2.44 Cr | -20.79 % | -76.81 % |
EPS in Rs | Rs. -1.58 | Rs. -2.31 | Rs. -2.79 | -20.78 % | -76.58 % |
In reviewing Eureka Industries Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 2852.61 % year-on-year growth, however, there was a minor increase of 10.84 % from the previous quarter. Expenses rose by 391.41 % compared to the previous year, with a 12.49 % increase quarter-on-quarter. Operating Profit dropped by -37.57 % annually, and saw a -17.82 % decrease from the last quarter.
Net Profit showed yearly decrease of -76.81 %, and experienced a -20.79 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -76.58 % annually, however dipped by -20.78 % compared to the last quarter. In essence, while Eureka Industries 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.