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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’s sales declined by -73.21 % over the year, decrease in net sales/revenue by -15.41 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 75.96 %. Marginal decrease of -1.08% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Ramgopal Polytex Ltd. Profit dropped by -101.14 % Year to Year, Ramgopal Polytex Ltd’s profitability dropped by -101.08 % Quarter to Quarter.
- EPS over the Year and quarter: EPS decreased by -100 % 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. 3.259 Cr | Rs. 1.032 Cr | Rs. 0.873 Cr | -15.41 % | -73.21 % |
| Expenses | Rs. 3.58 Cr | Rs. 1.49 Cr | Rs. 1.05 Cr | -29.53 % | -70.67 % |
| Operating Profit | Rs. -0.32 Cr | Rs. -0.46 Cr | Rs. -0.18 Cr | + 60.87 % | + 43.75 % |
| OPM % | -9.82 % | -44.57 % | -20.62 % | + 23.95 % | -10.8 % |
| Other Income | Rs. 0.104 Cr | Rs. 0.185 Cr | Rs. 0.183 Cr | -1.08 % | + 75.96 % |
| Interest | Rs. 0.05 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Profit before tax | Rs. -0.27 Cr | Rs. -0.28 Cr | Rs. 0 Cr | 0 % | 0 % |
| Tax % | -0 % | -0 % | 0 % | 0 % | 0 % |
| Net Profit | Rs. -0.26 Cr | Rs. -0.28 Cr | Rs. 0 Cr | 0 % | 0 % |
| EPS in Rs | Rs. -0.18 | Rs. -0.19 | Rs. 0 | 0 % | 0 % |
Today, we’re looking at Ramgopal Polytex 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 -73.21 %. However, it did see a marginal slip of -15.41 % from the previous quarter. Expenses decreased slightly by -29.53 % quarter-on-quarter, aligning with the annual decline of -70.67 %. Operating profit, while up 43.75 % compared to last year, faced a quarter-on-quarter increase of 60.87 %, 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 -10.8 %, but an expansion of 23.95 % sequentially. Other income fell by -1.08 % compared to the last quarter, despite an annual growth of 75.96 %.
In summary, Ramgopal Polytex 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. 3.259 Cr | Rs. 1.032 Cr | Rs. 0.873 Cr | -15.41 % | -73.21 % |
| Expenses | Rs. 3.58 Cr | Rs. 1.49 Cr | Rs. 1.05 Cr | -29.53 % | -70.67 % |
| Operating Profit | Rs. -0.32 Cr | Rs. -0.46 Cr | Rs. -0.18 Cr | + 60.87 % | + 43.75 % |
| Net Profit | Rs. -0.26 Cr | Rs. -0.28 Cr | Rs. 0 Cr | 0 % | 0 % |
| EPS in Rs | Rs. -0.18 | Rs. -0.19 | Rs. 0 | 0 % | 0 % |
In reviewing Ramgopal Polytex Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -73.21 % year-on-year, although there was a slight dip of -15.41 % from the previous quarter. Expenses decreased by -70.67 % compared to the previous year, with a decrease of -29.53 % quarter-on-quarter. Operating Profit surged by 43.75 % annually, and saw a 60.87 % increase from the last quarter.
In essence, while Ramgopal Polytex Ltd faces strong annual decline 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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