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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 17.83 % in the past year, decrease in net sales/revenue by -13.36 %.
- 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 230.34 %. Marginal increase in other income during this quarter, up by 474%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Walchandnagar Industries Limited. Profit dropped by -84.84 % Year to Year, Walchandnagar Industries Limited’s profitability dropped by -51.94 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -87.50 % Year to Year. EPS decreased by -45.61 % 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. 67.19 Cr | Rs. 91.38 Cr | Rs. 79.17 Cr | -13.36 % | + 17.83 % |
| Expenses | Rs. 69.44 Cr | Rs. 86.12 Cr | Rs. 91.99 Cr | + 6.82 % | + 32.47 % |
| Operating Profit | Rs. -2.25 Cr | Rs. 5.26 Cr | Rs. -12.82 Cr | -343.73 % | -469.78 % |
| OPM % | -3.35 % | 5.76 % | -16.19 % | -21.95 % | -12.84 % |
| Other Income | Rs. 7.35 Cr | Rs. 4.23 Cr | Rs. 24.28 Cr | + 474 % | + 230.34 % |
| Interest | Rs. 12.27 Cr | Rs. 11.01 Cr | Rs. 10.58 Cr | -3.91 % | -13.77 % |
| Depreciation | Rs. 4.24 Cr | Rs. 2.08 Cr | Rs. 2.61 Cr | + 25.48 % | -38.44 % |
| Profit before tax | Rs. -11.41 Cr | Rs. -3.6 Cr | Rs. -1.73 Cr | + 51.94 % | + 84.84 % |
| Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
| Net Profit | Rs. -11.41 Cr | Rs. -3.6 Cr | Rs. -1.73 Cr | + 51.94 % | + 84.84 % |
| EPS in Rs | Rs. -2.48 | Rs. -0.57 | Rs. -0.31 | + 45.61 % | + 87.5 % |
Today, we’re looking at Walchandnagar Industries Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 17.83 %. However, it did see a marginal slip of -13.36 % from the previous quarter. Expenses ticked up slightly by 6.82 % quarter-on-quarter, aligning with the annual rise of 32.47 %. Operating profit, while down -469.78 % compared to last year, faced a quarter-on-quarter dip of -343.73 %, 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 -12.84 %, but a shrinkage of -21.95 % sequentially. Other income rose by 474 % compared to the last quarter, despite an annual growth of 230.34 %. Interest expenses dropped significantly by -3.91 % from the previous quarter, yet the year-over-year decrease remains at a moderate -13.77 %. Depreciation costs climbed by 25.48 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -38.44 %. Profit before tax grew annually by 84.84 % but saw an increase from the preceding quarter by 51.94 %.
Net profit rose by 84.84 % year-on-year but experienced a 51.94 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 87.5 % but a quarterly rise of 45.61 %. In summary, Walchandnagar Industries 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. 67.19 Cr | Rs. 91.38 Cr | Rs. 79.17 Cr | -13.36 % | + 17.83 % |
| Expenses | Rs. 69.44 Cr | Rs. 86.12 Cr | Rs. 91.99 Cr | + 6.82 % | + 32.47 % |
| Operating Profit | Rs. -2.25 Cr | Rs. 5.26 Cr | Rs. -12.82 Cr | -343.73 % | -469.78 % |
| Net Profit | Rs. -11.41 Cr | Rs. -3.6 Cr | Rs. -1.73 Cr | + 51.94 % | + 84.84 % |
| EPS in Rs | Rs. -2.48 | Rs. -0.57 | Rs. -0.31 | + 45.61 % | + 87.5 % |
In reviewing Walchandnagar Industries Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 17.83 % year-on-year growth, although there was a slight dip of -13.36 % from the previous quarter. Expenses rose by 32.47 % compared to the previous year, with a 6.82 % increase quarter-on-quarter. Operating Profit dropped by -469.78 % annually, and saw a -343.73 % decrease from the last quarter.
Net Profit showed yearly increase of 84.84 %, and experienced a 51.94 % increase from the previous quarter. Earnings Per Share (EPS) rose by 87.5 % annually, however rose by 45.61 % compared to the last quarter. In essence, while Walchandnagar Industries 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.
