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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 18.95 % in the past year, substantial increase in net sales/revenue by 7.92 %.
- 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 200 %.
- Profit over the Year and quarter: Challenges in sustaining profitability for Crimson Metal Engineering Company Ltd. Profit dropped by -645.91 % Year to Year, Crimson Metal Engineering Company Ltd’s profitability dropped by -2438.33 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -646.55 % Year to Year. EPS decreased by -2364.29 % 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. 1.821 Cr | Rs. 2.007 Cr | Rs. 2.166 Cr | + 7.92 % | + 18.95 % |
Expenses | Rs. 0.85 Cr | Rs. 1.03 Cr | Rs. 1.15 Cr | + 11.65 % | + 35.29 % |
Operating Profit | Rs. 0.97 Cr | Rs. 0.98 Cr | Rs. 1.02 Cr | + 4.08 % | + 5.15 % |
OPM % | 53.27 % | 48.83 % | 47.09 % | -1.74 % | -6.18 % |
Other Income | Rs. 0.01 Cr | Rs. 0 Cr | Rs. 0.03 Cr | 0 % | + 200 % |
Interest | Rs. 0.55 Cr | Rs. 0.46 Cr | Rs. 0.44 Cr | -4.35 % | -20 % |
Depreciation | Rs. 0.38 Cr | Rs. 0.44 Cr | Rs. 0.51 Cr | + 15.91 % | + 34.21 % |
Profit before tax | Rs. 0.05 Cr | Rs. 0.08 Cr | Rs. 0.1 Cr | + 25 % | + 100 % |
Tax % | 414 % | 25 % | 1641.76 % | + 1616.76 % | + 1227.76 % |
Net Profit | Rs. 0.26 Cr | Rs. 0.06 Cr | Rs. -1.4 Cr | -2433.33 % | -638.46 % |
EPS in Rs | Rs. 0.58 | Rs. 0.14 | Rs. -3.17 | -2364.29 % | -646.55 % |
Today, we’re looking at Crimson Metal Engineering Company 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 18.95 %. However, it did see a marginal increase of 7.92 % from the previous quarter. Expenses ticked up slightly by 11.65 % quarter-on-quarter, aligning with the annual rise of 35.29 %. Operating profit, while up 5.15 % compared to last year, faced a quarter-on-quarter increase of 4.08 %, 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 -6.18 %, but a shrinkage of -1.74 % sequentially. despite an annual growth of 200 %. Interest expenses dropped significantly by -4.35 % from the previous quarter, yet the year-over-year decrease remains at a moderate -20 %. Depreciation costs climbed by 15.91 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 34.21 %. Profit before tax grew annually by 100 % but saw an increase from the preceding quarter by 25 %.
Tax expenses as a percentage of profits increased slightly by 1227.76 % compared to last year, with a more notable quarter-on-quarter increase of 1616.76 %. Net profit fell by -638.46 % year-on-year but witnessed a -2433.33 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -646.55 % but a quarterly fall of -2364.29 %. In summary, Crimson Metal Engineering Company 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. 1.821 Cr | Rs. 2.007 Cr | Rs. 2.166 Cr | + 7.92 % | + 18.95 % |
Expenses | Rs. 0.85 Cr | Rs. 1.03 Cr | Rs. 1.15 Cr | + 11.65 % | + 35.29 % |
Operating Profit | Rs. 0.97 Cr | Rs. 0.98 Cr | Rs. 1.02 Cr | + 4.08 % | + 5.15 % |
Net Profit | Rs. 0.26 Cr | Rs. 0.06 Cr | Rs. -1.4 Cr | -2433.33 % | -638.46 % |
EPS in Rs | Rs. 0.58 | Rs. 0.14 | Rs. -3.17 | -2364.29 % | -646.55 % |
In reviewing Crimson Metal Engineering Company Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 18.95 % year-on-year growth, however, there was a minor increase of 7.92 % from the previous quarter. Expenses rose by 35.29 % compared to the previous year, with a 11.65 % increase quarter-on-quarter. Operating Profit surged by 5.15 % annually, and saw a 4.08 % increase from the last quarter.
Net Profit showed yearly decrease of -638.46 %, and experienced a -2433.33 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -646.55 % annually, however dipped by -2364.29 % compared to the last quarter. In essence, while Crimson Metal Engineering Company Ltd 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.