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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 56.01 % in the past year, decrease in net sales/revenue by -46.54 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -72.5 %, Marginal increase in other income during this quarter, up by 100.48%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Ecoboard Industries Ltd. Profit dropped by -63.24 % Year to Year, Ecoboard Industries Ltd’s profitability dropped by -45.45 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -63.13 % Year to Year. EPS decreased by -45 % 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. 3.694 Cr | Rs. 10.78 Cr | Rs. 5.763 Cr | -46.54 % | + 56.01 % |
Expenses | Rs. 6.33 Cr | Rs. 10 Cr | Rs. 6.54 Cr | -34.6 % | + 3.32 % |
Operating Profit | Rs. -2.64 Cr | Rs. 0.78 Cr | Rs. -0.78 Cr | -200 % | + 70.45 % |
OPM % | -71.47 % | 7.24 % | -13.53 % | -20.77 % | + 57.94 % |
Other Income | Rs. 0.04 Cr | Rs. -2.29 Cr | Rs. 0.011 Cr | + 100.48 % | -72.5 % |
Interest | Rs. 0.32 Cr | Rs. 0.3 Cr | Rs. 0.12 Cr | -60 % | -62.5 % |
Depreciation | Rs. 0.28 Cr | Rs. 0.27 Cr | Rs. 0.29 Cr | + 7.41 % | + 3.57 % |
Profit before tax | Rs. -3.2 Cr | Rs. -2.08 Cr | Rs. -1.18 Cr | + 43.27 % | + 63.13 % |
Tax % | -0 % | -3.56 % | -0 % | + 3.56 % | 0 % |
Net Profit | Rs. -3.19 Cr | Rs. -2.15 Cr | Rs. -1.17 Cr | + 45.58 % | + 63.32 % |
EPS in Rs | Rs. -1.79 | Rs. -1.2 | Rs. -0.66 | + 45 % | + 63.13 % |
Today, we’re looking at Ecoboard Industries Ltd’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 56.01 %. However, it did see a marginal slip of -46.54 % from the previous quarter. Expenses decreased slightly by -34.6 % quarter-on-quarter, aligning with the annual rise of 3.32 %. Operating profit, while up 70.45 % compared to last year, faced a quarter-on-quarter dip of -200 %, 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 57.94 %, but a shrinkage of -20.77 % sequentially. Other income rose by 100.48 % compared to the last quarter, despite an annual decline of -72.5 %. Interest expenses dropped significantly by -60 % from the previous quarter, yet the year-over-year decrease remains at a moderate -62.5 %. Depreciation costs climbed by 7.41 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.57 %. Profit before tax grew annually by 63.13 % but saw an increase from the preceding quarter by 43.27 %.
with a more notable quarter-on-quarter increase of 3.56 %. Net profit rose by 63.32 % year-on-year but experienced a 45.58 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 63.13 % but a quarterly rise of 45 %. In summary, Ecoboard 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. 3.694 Cr | Rs. 10.78 Cr | Rs. 5.763 Cr | -46.54 % | + 56.01 % |
Expenses | Rs. 6.33 Cr | Rs. 10 Cr | Rs. 6.54 Cr | -34.6 % | + 3.32 % |
Operating Profit | Rs. -2.64 Cr | Rs. 0.78 Cr | Rs. -0.78 Cr | -200 % | + 70.45 % |
Net Profit | Rs. -3.19 Cr | Rs. -2.15 Cr | Rs. -1.17 Cr | + 45.58 % | + 63.32 % |
EPS in Rs | Rs. -1.79 | Rs. -1.2 | Rs. -0.66 | + 45 % | + 63.13 % |
In reviewing Ecoboard Industries Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 56.01 % year-on-year growth, although there was a slight dip of -46.54 % from the previous quarter. Expenses rose by 3.32 % compared to the previous year, with a decrease of -34.6 % quarter-on-quarter. Operating Profit surged by 70.45 % annually, and saw a -200 % decrease from the last quarter.
Net Profit showed yearly increase of 63.32 %, and experienced a 45.58 % increase from the previous quarter. Earnings Per Share (EPS) rose by 63.13 % annually, however rose by 45 % compared to the last quarter. In essence, while Ecoboard Industries Ltd 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.
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