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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 21.54 % in the past year, substantial increase in net sales/revenue by 1.38 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -32.65 %, Marginal decrease of -47.62% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Dai-Ichi Karkaria Ltd.. Profit dropped by -114.83 % Year to Year, Dai-Ichi Karkaria Ltd.’s profitability dropped by -60.55 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -114.65 % Year to Year. EPS decreased by -60.96 % 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. 27.86 Cr | Rs. 33.4 Cr | Rs. 33.86 Cr | + 1.38 % | + 21.54 % |
Expenses | Rs. 28.44 Cr | Rs. 30.61 Cr | Rs. 31.92 Cr | + 4.28 % | + 12.24 % |
Operating Profit | Rs. -0.58 Cr | Rs. 2.79 Cr | Rs. 1.94 Cr | -30.47 % | + 434.48 % |
OPM % | -2.08 % | 8.35 % | 5.73 % | -2.62 % | + 7.81 % |
Other Income | Rs. 0.98 Cr | Rs. 1.26 Cr | Rs. 0.66 Cr | -47.62 % | -32.65 % |
Interest | Rs. 1.18 Cr | Rs. 0.44 Cr | Rs. 0.47 Cr | + 6.82 % | -60.17 % |
Depreciation | Rs. 2.29 Cr | Rs. 2.29 Cr | Rs. 2.49 Cr | + 8.73 % | + 8.73 % |
Profit before tax | Rs. -3.07 Cr | Rs. 1.32 Cr | Rs. -0.36 Cr | -127.27 % | + 88.27 % |
Tax % | -4.89 % | 24.24 % | -25 % | -49.24 % | -20.11 % |
Net Profit | Rs. -2.9 Cr | Rs. 1.09 Cr | Rs. 0.43 Cr | -60.55 % | + 114.83 % |
EPS in Rs | Rs. -3.89 | Rs. 1.46 | Rs. 0.57 | -60.96 % | + 114.65 % |
Today, we’re looking at Dai-Ichi Karkaria 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 21.54 %. However, it did see a marginal increase of 1.38 % from the previous quarter. Expenses ticked up slightly by 4.28 % quarter-on-quarter, aligning with the annual rise of 12.24 %. Operating profit, while up 434.48 % compared to last year, faced a quarter-on-quarter dip of -30.47 %, 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 7.81 %, but a shrinkage of -2.62 % sequentially. Other income fell by -47.62 % compared to the last quarter, despite an annual decline of -32.65 %. Interest expenses surged remarkably by 6.82 % from the previous quarter, yet the year-over-year decrease remains at a moderate -60.17 %. Depreciation costs climbed by 8.73 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 8.73 %. Profit before tax grew annually by 88.27 % but saw a reduction from the preceding quarter by -127.27 %.
Tax expenses as a percentage of profits decreased slightly by -20.11 % compared to last year, with a more notable quarter-on-quarter decrease of -49.24 %. Net profit rose by 114.83 % year-on-year but witnessed a -60.55 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 114.65 % but a quarterly fall of -60.96 %. In summary, Dai-Ichi Karkaria 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. 27.86 Cr | Rs. 33.4 Cr | Rs. 33.86 Cr | + 1.38 % | + 21.54 % |
Expenses | Rs. 28.44 Cr | Rs. 30.61 Cr | Rs. 31.92 Cr | + 4.28 % | + 12.24 % |
Operating Profit | Rs. -0.58 Cr | Rs. 2.79 Cr | Rs. 1.94 Cr | -30.47 % | + 434.48 % |
Net Profit | Rs. -2.9 Cr | Rs. 1.09 Cr | Rs. 0.43 Cr | -60.55 % | + 114.83 % |
EPS in Rs | Rs. -3.89 | Rs. 1.46 | Rs. 0.57 | -60.96 % | + 114.65 % |
In reviewing Dai-Ichi Karkaria Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 21.54 % year-on-year growth, however, there was a minor increase of 1.38 % from the previous quarter. Expenses rose by 12.24 % compared to the previous year, with a 4.28 % increase quarter-on-quarter. Operating Profit surged by 434.48 % annually, and saw a -30.47 % decrease from the last quarter.
Net Profit showed yearly increase of 114.83 %, and experienced a -60.55 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 114.65 % annually, however dipped by -60.96 % compared to the last quarter. In essence, while Dai-Ichi Karkaria 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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