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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 experienced a substantial growth of 27.31 % in the past year, substantial increase in net sales/revenue by 18.16 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -18.8 %, Marginal decrease of -25.98% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Raghuvir Synthetics Ltd.. Profit dropped by -160.12 % Year to Year, Raghuvir Synthetics Ltd.’s profitability dropped by -85.13 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -159.09 % Year to Year. EPS decreased by -85.56 % 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. 59.071 Cr | Rs. 63.648 Cr | Rs. 75.206 Cr | + 18.16 % | + 27.31 % |
Expenses | Rs. 57.74 Cr | Rs. 57.95 Cr | Rs. 72.14 Cr | + 24.49 % | + 24.94 % |
Operating Profit | Rs. 1.33 Cr | Rs. 5.7 Cr | Rs. 3.07 Cr | -46.14 % | + 130.83 % |
OPM % | 2.25 % | 8.96 % | 4.08 % | -4.88 % | + 1.83 % |
Other Income | Rs. 0.814 Cr | Rs. 0.893 Cr | Rs. 0.661 Cr | -25.98 % | -18.8 % |
Interest | Rs. 0.98 Cr | Rs. 0.77 Cr | Rs. 0.82 Cr | + 6.49 % | -16.33 % |
Depreciation | Rs. 1.93 Cr | Rs. 1.89 Cr | Rs. 2.2 Cr | + 16.4 % | + 13.99 % |
Profit before tax | Rs. -0.77 Cr | Rs. 3.93 Cr | Rs. 0.71 Cr | -81.93 % | + 192.21 % |
Tax % | -12.88 % | 11.6 % | 27.08 % | + 15.48 % | + 39.96 % |
Net Profit | Rs. -0.86 Cr | Rs. 3.48 Cr | Rs. 0.52 Cr | -85.06 % | + 160.47 % |
EPS in Rs | Rs. -0.22 | Rs. 0.9 | Rs. 0.13 | -85.56 % | + 159.09 % |
Today, we’re looking at Raghuvir Synthetics 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 27.31 %. However, it did see a marginal increase of 18.16 % from the previous quarter. Expenses ticked up slightly by 24.49 % quarter-on-quarter, aligning with the annual rise of 24.94 %. Operating profit, while up 130.83 % compared to last year, faced a quarter-on-quarter dip of -46.14 %, 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 1.83 %, but a shrinkage of -4.88 % sequentially. Other income fell by -25.98 % compared to the last quarter, despite an annual decline of -18.8 %. Interest expenses surged remarkably by 6.49 % from the previous quarter, yet the year-over-year decrease remains at a moderate -16.33 %. Depreciation costs climbed by 16.4 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 13.99 %. Profit before tax grew annually by 192.21 % but saw a reduction from the preceding quarter by -81.93 %.
Tax expenses as a percentage of profits increased slightly by 39.96 % compared to last year, with a more notable quarter-on-quarter increase of 15.48 %. Net profit rose by 160.47 % year-on-year but witnessed a -85.06 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 159.09 % but a quarterly fall of -85.56 %. In summary, Raghuvir Synthetics 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. 59.071 Cr | Rs. 63.648 Cr | Rs. 75.206 Cr | + 18.16 % | + 27.31 % |
Expenses | Rs. 57.74 Cr | Rs. 57.95 Cr | Rs. 72.14 Cr | + 24.49 % | + 24.94 % |
Operating Profit | Rs. 1.33 Cr | Rs. 5.7 Cr | Rs. 3.07 Cr | -46.14 % | + 130.83 % |
Net Profit | Rs. -0.86 Cr | Rs. 3.48 Cr | Rs. 0.52 Cr | -85.06 % | + 160.47 % |
EPS in Rs | Rs. -0.22 | Rs. 0.9 | Rs. 0.13 | -85.56 % | + 159.09 % |
In reviewing Raghuvir Synthetics Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 27.31 % year-on-year growth, however, there was a minor increase of 18.16 % from the previous quarter. Expenses rose by 24.94 % compared to the previous year, with a 24.49 % increase quarter-on-quarter. Operating Profit surged by 130.83 % annually, and saw a -46.14 % decrease from the last quarter.
Net Profit showed yearly increase of 160.47 %, and experienced a -85.06 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 159.09 % annually, however dipped by -85.56 % compared to the last quarter. In essence, while Raghuvir Synthetics Ltd. exhibits strong annual growth 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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