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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -9.48 % over the year, substantial increase in net sales/revenue by 17.12 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -89.14 %, Marginal decrease of -89.31% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Jay Shree Tea & Industries Ltd.,. Profit dropped by -156.05 % Year to Year, Jay Shree Tea & Industries Ltd.,’s profitability dropped by -40.19 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -143.99 % Year to Year. EPS decreased by -40.19 % 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. 179.76 Cr | Rs. 138.93 Cr | Rs. 162.72 Cr | + 17.12 % | -9.48 % |
Expenses | Rs. 187.8 Cr | Rs. 189.57 Cr | Rs. 160.67 Cr | -15.25 % | -14.45 % |
Operating Profit | Rs. -8.04 Cr | Rs. -50.64 Cr | Rs. 2.05 Cr | + 104.05 % | + 125.5 % |
OPM % | -4.47 % | -36.45 % | 1.26 % | + 37.71 % | + 5.73 % |
Other Income | Rs. 37.95 Cr | Rs. 38.55 Cr | Rs. 4.12 Cr | -89.31 % | -89.14 % |
Interest | Rs. 8.45 Cr | Rs. 10.77 Cr | Rs. 9.32 Cr | -13.46 % | + 10.3 % |
Depreciation | Rs. 5.52 Cr | Rs. 5.7 Cr | Rs. 5.84 Cr | + 2.46 % | + 5.8 % |
Profit before tax | Rs. 15.94 Cr | Rs. -28.56 Cr | Rs. -8.99 Cr | + 68.52 % | -156.4 % |
Tax % | 0.63 % | -47.37 % | -0 % | + 47.37 % | -0.63 % |
Net Profit | Rs. 16.04 Cr | Rs. -15.03 Cr | Rs. -8.99 Cr | + 40.19 % | -156.05 % |
EPS in Rs | Rs. 7.07 | Rs. -5.2 | Rs. -3.11 | + 40.19 % | -143.99 % |
Today, we’re looking at Jay Shree Tea & Industries Ltd.,’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -9.48 %. However, it did see a marginal increase of 17.12 % from the previous quarter. Expenses decreased slightly by -15.25 % quarter-on-quarter, aligning with the annual decline of -14.45 %. Operating profit, while up 125.5 % compared to last year, faced a quarter-on-quarter increase of 104.05 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 5.73 %, but an expansion of 37.71 % sequentially. Other income fell by -89.31 % compared to the last quarter, despite an annual decline of -89.14 %. Interest expenses dropped significantly by -13.46 % from the previous quarter, yet the year-over-year increase remains at a moderate 10.3 %. Depreciation costs climbed by 2.46 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 5.8 %. Profit before tax declined annually by -156.4 % but saw an increase from the preceding quarter by 68.52 %.
Tax expenses as a percentage of profits decreased slightly by -0.63 % compared to last year, with a more notable quarter-on-quarter increase of 47.37 %. Net profit fell by -156.05 % year-on-year but experienced a 40.19 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -143.99 % but a quarterly rise of 40.19 %. In summary, Jay Shree Tea & 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. 179.76 Cr | Rs. 138.93 Cr | Rs. 162.72 Cr | + 17.12 % | -9.48 % |
Expenses | Rs. 187.8 Cr | Rs. 189.57 Cr | Rs. 160.67 Cr | -15.25 % | -14.45 % |
Operating Profit | Rs. -8.04 Cr | Rs. -50.64 Cr | Rs. 2.05 Cr | + 104.05 % | + 125.5 % |
Net Profit | Rs. 16.04 Cr | Rs. -15.03 Cr | Rs. -8.99 Cr | + 40.19 % | -156.05 % |
EPS in Rs | Rs. 7.07 | Rs. -5.2 | Rs. -3.11 | + 40.19 % | -143.99 % |
In reviewing Jay Shree Tea & Industries Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -9.48 % year-on-year, however, there was a minor increase of 17.12 % from the previous quarter. Expenses decreased by -14.45 % compared to the previous year, with a decrease of -15.25 % quarter-on-quarter. Operating Profit surged by 125.5 % annually, and saw a 104.05 % increase from the last quarter.
Net Profit showed yearly decrease of -156.05 %, and experienced a 40.19 % increase from the previous quarter. Earnings Per Share (EPS) fell by -143.99 % annually, however rose by 40.19 % compared to the last quarter. In essence, while Jay Shree Tea & Industries Ltd., faces strong annual decline 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.
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