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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 36.21 % in the past year, decrease in net sales/revenue by -3.99 %.
- Profit over the Year and quarter: Challenges in sustaining profitability for Fine-line Circuits Ltd.. Profit dropped by -162.73 % Year to Year, Fine-line Circuits Ltd.’s profitability dropped by -26.6 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -160.87 % Year to Year. EPS decreased by -30 % 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. 5.176 Cr | Rs. 7.343 Cr | Rs. 7.05 Cr | -3.99 % | + 36.21 % |
Expenses | Rs. 5.03 Cr | Rs. 7.03 Cr | Rs. 6.76 Cr | -3.84 % | + 34.39 % |
Operating Profit | Rs. 0.15 Cr | Rs. 0.31 Cr | Rs. 0.29 Cr | -6.45 % | + 93.33 % |
OPM % | 2.9 % | 4.22 % | 4.11 % | -0.11 % | + 1.21 % |
Other Income | Rs. 0.033 Cr | Rs. 0.009 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0.15 Cr | Rs. 0.07 Cr | Rs. 0.08 Cr | + 14.29 % | -46.67 % |
Depreciation | Rs. 0.14 Cr | Rs. 0.15 Cr | Rs. 0.14 Cr | -6.67 % | + 0 % |
Profit before tax | Rs. -0.11 Cr | Rs. 0.1 Cr | Rs. 0.07 Cr | -30 % | + 163.64 % |
Tax % | -1.85 % | 1.05 % | 9.21 % | + 8.16 % | + 11.06 % |
Net Profit | Rs. -0.11 Cr | Rs. 0.09 Cr | Rs. 0.07 Cr | -22.22 % | + 163.64 % |
EPS in Rs | Rs. -0.23 | Rs. 0.2 | Rs. 0.14 | -30 % | + 160.87 % |
Today, we’re looking at Fine-line Circuits 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 36.21 %. However, it did see a marginal slip of -3.99 % from the previous quarter. Expenses decreased slightly by -3.84 % quarter-on-quarter, aligning with the annual rise of 34.39 %. Operating profit, while up 93.33 % compared to last year, faced a quarter-on-quarter dip of -6.45 %, 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 1.21 %, but a shrinkage of -0.11 % sequentially. Interest expenses surged remarkably by 14.29 % from the previous quarter, yet the year-over-year decrease remains at a moderate -46.67 %. Depreciation costs fell by -6.67 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 163.64 % but saw a reduction from the preceding quarter by -30 %.
Tax expenses as a percentage of profits increased slightly by 11.06 % compared to last year, with a more notable quarter-on-quarter increase of 8.16 %. Net profit rose by 163.64 % year-on-year but witnessed a -22.22 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 160.87 % but a quarterly fall of -30 %. In summary, Fine-line Circuits 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. 5.176 Cr | Rs. 7.343 Cr | Rs. 7.05 Cr | -3.99 % | + 36.21 % |
Expenses | Rs. 5.03 Cr | Rs. 7.03 Cr | Rs. 6.76 Cr | -3.84 % | + 34.39 % |
Operating Profit | Rs. 0.15 Cr | Rs. 0.31 Cr | Rs. 0.29 Cr | -6.45 % | + 93.33 % |
Net Profit | Rs. -0.11 Cr | Rs. 0.09 Cr | Rs. 0.07 Cr | -22.22 % | + 163.64 % |
EPS in Rs | Rs. -0.23 | Rs. 0.2 | Rs. 0.14 | -30 % | + 160.87 % |
In reviewing Fine-line Circuits Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 36.21 % year-on-year growth, although there was a slight dip of -3.99 % from the previous quarter. Expenses rose by 34.39 % compared to the previous year, with a decrease of -3.84 % quarter-on-quarter. Operating Profit surged by 93.33 % annually, and saw a -6.45 % decrease from the last quarter.
Net Profit showed yearly increase of 163.64 %, and experienced a -22.22 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 160.87 % annually, however dipped by -30 % compared to the last quarter. In essence, while Fine-line Circuits 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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