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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Income over the Year and quarter: There has been decline in other income over the past year which is -45.14 %, Marginal decrease of -40.37% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Daikaffil Chemicals India Ltd.. Profit dropped by -30.72 % Year to Year, Daikaffil Chemicals India Ltd.’s profitability dropped by -68.29 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -30.56 % Year to Year. EPS decreased by -68.35 % 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. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.4 Cr | Rs. 0.67 Cr | Rs. 0.44 Cr | -34.33 % | + 10 % |
| Operating Profit | Rs. -0.4 Cr | Rs. -0.67 Cr | Rs. -0.44 Cr | + 34.33 % | -10 % |
| OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
| Other Income | Rs. 0.175 Cr | Rs. 0.161 Cr | Rs. 0.096 Cr | -40.37 % | -45.14 % |
| Interest | Rs. 0 Cr | Rs. 0.01 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.23 Cr | Rs. 0.32 Cr | Rs. 0.07 Cr | -78.13 % | -69.57 % |
| Profit before tax | Rs. -0.46 Cr | Rs. -0.84 Cr | Rs. -0.41 Cr | + 51.19 % | + 10.87 % |
| Tax % | -5.26 % | -13.16 % | -26.83 % | -13.67 % | -21.57 % |
| Net Profit | Rs. -0.43 Cr | Rs. -0.95 Cr | Rs. -0.3 Cr | + 68.42 % | + 30.23 % |
| EPS in Rs | Rs. -0.72 | Rs. -1.58 | Rs. -0.5 | + 68.35 % | + 30.56 % |
Today, we’re looking at Daikaffil Chemicals India Ltd.’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -34.33 % quarter-on-quarter, aligning with the annual rise of 10 %. Operating profit, while down -10 % compared to last year, faced a quarter-on-quarter increase of 34.33 %, signaling a short-term expansion in margins.
Other income fell by -40.37 % compared to the last quarter, despite an annual decline of -45.14 %. Depreciation costs fell by -78.13 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -69.57 %. Profit before tax grew annually by 10.87 % but saw an increase from the preceding quarter by 51.19 %.
Tax expenses as a percentage of profits decreased slightly by -21.57 % compared to last year, with a more notable quarter-on-quarter decrease of -13.67 %. Net profit rose by 30.23 % year-on-year but experienced a 68.42 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 30.56 % but a quarterly rise of 68.35 %. In summary, Daikaffil Chemicals India 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. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.4 Cr | Rs. 0.67 Cr | Rs. 0.44 Cr | -34.33 % | + 10 % |
| Operating Profit | Rs. -0.4 Cr | Rs. -0.67 Cr | Rs. -0.44 Cr | + 34.33 % | -10 % |
| Net Profit | Rs. -0.43 Cr | Rs. -0.95 Cr | Rs. -0.3 Cr | + 68.42 % | + 30.23 % |
| EPS in Rs | Rs. -0.72 | Rs. -1.58 | Rs. -0.5 | + 68.35 % | + 30.56 % |
In reviewing Daikaffil Chemicals India Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 10 % compared to the previous year, with a decrease of -34.33 % quarter-on-quarter. Operating Profit dropped by -10 % annually, and saw a 34.33 % increase from the last quarter.
Net Profit showed yearly increase of 30.23 %, and experienced a 68.42 % increase from the previous quarter. Earnings Per Share (EPS) rose by 30.56 % annually, however rose by 68.35 % compared to the last quarter. In essence, while Daikaffil Chemicals India 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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