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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 -20.48 % over the year, decrease in net sales/revenue by -39.45 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -22.65 %, Marginal decrease of -42.19% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Lykis Limited. Profit dropped by -30.85 % Year to Year, Lykis Limited’s profitability dropped by -207.42 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -30.65 % Year to Year. EPS decreased by -207.5 % 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. 91.601 Cr | Rs. 120.288 Cr | Rs. 72.84 Cr | -39.45 % | -20.48 % |
Expenses | Rs. 88.28 Cr | Rs. 120.5 Cr | Rs. 70.61 Cr | -41.4 % | -20.02 % |
Operating Profit | Rs. 3.32 Cr | Rs. -0.21 Cr | Rs. 2.23 Cr | + 1161.9 % | -32.83 % |
OPM % | 3.62 % | -0.17 % | 3.06 % | + 3.23 % | -0.56 % |
Other Income | Rs. 0.967 Cr | Rs. 1.294 Cr | Rs. 0.748 Cr | -42.19 % | -22.65 % |
Interest | Rs. 2.76 Cr | Rs. 1.54 Cr | Rs. 1.73 Cr | + 12.34 % | -37.32 % |
Depreciation | Rs. 0.34 Cr | Rs. 0.37 Cr | Rs. 0.42 Cr | + 13.51 % | + 23.53 % |
Profit before tax | Rs. 1.19 Cr | Rs. -0.83 Cr | Rs. 0.83 Cr | + 200 % | -30.25 % |
Tax % | 0 % | -7.4 % | 0 % | + 7.4 % | 0 % |
Net Profit | Rs. 1.19 Cr | Rs. -0.77 Cr | Rs. 0.83 Cr | + 207.79 % | -30.25 % |
EPS in Rs | Rs. 0.62 | Rs. -0.4 | Rs. 0.43 | + 207.5 % | -30.65 % |
Today, we’re looking at Lykis 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 -20.48 %. However, it did see a marginal slip of -39.45 % from the previous quarter. Expenses decreased slightly by -41.4 % quarter-on-quarter, aligning with the annual decline of -20.02 %. Operating profit, while down -32.83 % compared to last year, faced a quarter-on-quarter increase of 1161.9 %, 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 -0.56 %, but an expansion of 3.23 % sequentially. Other income fell by -42.19 % compared to the last quarter, despite an annual decline of -22.65 %. Interest expenses surged remarkably by 12.34 % from the previous quarter, yet the year-over-year decrease remains at a moderate -37.32 %. Depreciation costs climbed by 13.51 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 23.53 %. Profit before tax declined annually by -30.25 % but saw an increase from the preceding quarter by 200 %.
with a more notable quarter-on-quarter increase of 7.4 %. Net profit fell by -30.25 % year-on-year but experienced a 207.79 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -30.65 % but a quarterly rise of 207.5 %. In summary, Lykis 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. 91.601 Cr | Rs. 120.288 Cr | Rs. 72.84 Cr | -39.45 % | -20.48 % |
Expenses | Rs. 88.28 Cr | Rs. 120.5 Cr | Rs. 70.61 Cr | -41.4 % | -20.02 % |
Operating Profit | Rs. 3.32 Cr | Rs. -0.21 Cr | Rs. 2.23 Cr | + 1161.9 % | -32.83 % |
Net Profit | Rs. 1.19 Cr | Rs. -0.77 Cr | Rs. 0.83 Cr | + 207.79 % | -30.25 % |
EPS in Rs | Rs. 0.62 | Rs. -0.4 | Rs. 0.43 | + 207.5 % | -30.65 % |
In reviewing Lykis Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -20.48 % year-on-year, although there was a slight dip of -39.45 % from the previous quarter. Expenses decreased by -20.02 % compared to the previous year, with a decrease of -41.4 % quarter-on-quarter. Operating Profit dropped by -32.83 % annually, and saw a 1161.9 % increase from the last quarter.
Net Profit showed yearly decrease of -30.25 %, and experienced a 207.79 % increase from the previous quarter. Earnings Per Share (EPS) fell by -30.65 % annually, however rose by 207.5 % compared to the last quarter. In essence, while Lykis Limited 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.
27
3-Year Profit
8
5-Year Profit
-1
10-Year Profit
51.5
Current Price
99.8
Market Cap
The financial outlook for the company under BSE code 530689 reveals a significant five-year profit of 8 units. This marks a notable increase to 27 units over the last three years, indicating a strong upward trend in the company's financial health during this period. However, it's important to note that recent challenges have impacted the company's performance, leading to a trailing twelve-month loss of -87 units. This sharp decline in profitability is particularly concerning, as the company has also reported no sales across any analyzed timeframe, suggesting a highly unconventional and perhaps risky operational approach. The company's stock prices mirror this financial volatility, with the stock trading at 17 units over the past five years but experiencing a dramatic drop to -23 units within the last year. Over a decade, the stock price was at 3 units, reflecting long-term concerns regarding the company's stability and future outlook. Such performance poses questions about the sustainability of the business and whether it can rebound from these recent setbacks.
The company has a market capitalization of ₹99.8 crore and is currently trading at a stock price of ₹51.5. Over time, the stock has fluctuated between the historical highs and lows of ₹82.6 / 39.5, reflecting the market's volatility. With a Price-to-Earnings (P/E) ratio of 28.4, the stock appears highly valued, indicating that investors are willing to pay a premium for its earnings potential. The company's book value per share stands at ₹16.2, showcasing the underlying asset value. Additionally, the dividend yield is 0.00%, suggesting that the company offers shareholders a moderate return on their investment in the form of dividends. The Return on Capital Employed (ROCE) is 7.88%, indicating the efficiency with which the company generates profit from its capital. Meanwhile, the Return on Equity (ROE) is 13.1%, highlighting the profitability relative to shareholder equity. Despite these figures, the company maintains a very low debt-to-equity ratio of 2.82, signaling minimal leverage. It also reports a net cash flow of ₹2.86 crore, reflecting the company's ability to generate cash. The Piotroski score is 6.00, a measure of the company's financial strength, while the Graham Number estimates the intrinsic value of the stock at ₹25.7. The Price-to-Book (P/B) ratio of 3.17 further suggests that the stock is trading at a premium relative to its book value, potentially reflecting positive market sentiment or expectations of future growth.