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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’s sales declined by -94.27 % over the year, decrease in net sales/revenue by -99.53 %.
- 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 11.54 %. Marginal increase in other income during this quarter, up by 8.57%.
- Profit over the Year and quarter: Challenges in sustaining profitability for National Standard (India) Limited. Profit dropped by -5.51 % Year to Year, National Standard (India) Limited’s profitability dropped by -37.38 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -5.71 % Year to Year. EPS decreased by -37.44 % 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. 0.454 Cr | Rs. 5.585 Cr | Rs. 0.026 Cr | -99.53 % | -94.27 % |
Expenses | Rs. 0.76 Cr | Rs. 4.11 Cr | Rs. 0.84 Cr | -79.56 % | + 10.53 % |
Operating Profit | Rs. -0.31 Cr | Rs. 1.48 Cr | Rs. -0.81 Cr | -154.73 % | -161.29 % |
OPM % | -68.28 % | 26.5 % | -3115.38 % | -3141.88 % | -3047.1 % |
Other Income | Rs. 4.133 Cr | Rs. 4.246 Cr | Rs. 4.61 Cr | + 8.57 % | + 11.54 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. 3.82 Cr | Rs. 5.73 Cr | Rs. 3.8 Cr | -33.68 % | -0.52 % |
Tax % | 26.89 % | 26.17 % | 30.35 % | + 4.18 % | + 3.46 % |
Net Profit | Rs. 2.8 Cr | Rs. 4.22 Cr | Rs. 2.64 Cr | -37.44 % | -5.71 % |
EPS in Rs | Rs. 1.4 | Rs. 2.11 | Rs. 1.32 | -37.44 % | -5.71 % |
Today, we’re looking at National Standard (India) Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -94.27 %. However, it did see a marginal slip of -99.53 % from the previous quarter. Expenses decreased slightly by -79.56 % quarter-on-quarter, aligning with the annual rise of 10.53 %. Operating profit, while down -161.29 % compared to last year, faced a quarter-on-quarter dip of -154.73 %, 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 -3047.1 %, but a shrinkage of -3141.88 % sequentially. Other income rose by 8.57 % compared to the last quarter, despite an annual growth of 11.54 %. Profit before tax declined annually by -0.52 % but saw a reduction from the preceding quarter by -33.68 %.
Tax expenses as a percentage of profits increased slightly by 3.46 % compared to last year, with a more notable quarter-on-quarter increase of 4.18 %. Net profit fell by -5.71 % year-on-year but witnessed a -37.44 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -5.71 % but a quarterly fall of -37.44 %. In summary, National Standard (India) 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. 0.454 Cr | Rs. 5.585 Cr | Rs. 0.026 Cr | -99.53 % | -94.27 % |
Expenses | Rs. 0.76 Cr | Rs. 4.11 Cr | Rs. 0.84 Cr | -79.56 % | + 10.53 % |
Operating Profit | Rs. -0.31 Cr | Rs. 1.48 Cr | Rs. -0.81 Cr | -154.73 % | -161.29 % |
Net Profit | Rs. 2.8 Cr | Rs. 4.22 Cr | Rs. 2.64 Cr | -37.44 % | -5.71 % |
EPS in Rs | Rs. 1.4 | Rs. 2.11 | Rs. 1.32 | -37.44 % | -5.71 % |
In reviewing National Standard (India) Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -94.27 % year-on-year, although there was a slight dip of -99.53 % from the previous quarter. Expenses rose by 10.53 % compared to the previous year, with a decrease of -79.56 % quarter-on-quarter. Operating Profit dropped by -161.29 % annually, and saw a -154.73 % decrease from the last quarter.
Net Profit showed yearly decrease of -5.71 %, and experienced a -37.44 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -5.71 % annually, however dipped by -37.44 % compared to the last quarter. In essence, while National Standard (India) Limited 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.
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