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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 -76.28 % over the year, substantial increase in net sales/revenue by 2 %.
- 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 69.07 %. Marginal increase in other income during this quarter, up by 1.55%.
- Profit over the Year and quarter: Significant improvement in profitability for Continental Chemicals Ltd.,. Notable increase of 3.7 % in net profit Year to Year, Continental Chemicals Ltd.,’s profitability dropped by -5.88 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 4.17 % Year to Year. EPS decreased by -5.66 % 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. 0.215 Cr | Rs. 0.05 Cr | Rs. 0.051 Cr | + 2 % | -76.28 % |
Expenses | Rs. 0.23 Cr | Rs. 0.19 Cr | Rs. 0.23 Cr | + 21.05 % | + 0 % |
Operating Profit | Rs. -0.02 Cr | Rs. -0.14 Cr | Rs. -0.18 Cr | -28.57 % | -800 % |
OPM % | -9.3 % | -280 % | -352.94 % | -72.94 % | -343.64 % |
Other Income | Rs. 0.194 Cr | Rs. 0.323 Cr | Rs. 0.328 Cr | + 1.55 % | + 69.07 % |
Interest | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | + 0 % |
Depreciation | Rs. 0.02 Cr | Rs. 0.02 Cr | Rs. 0.02 Cr | + 0 % | + 0 % |
Profit before tax | Rs. 0.14 Cr | Rs. 0.15 Cr | Rs. 0.12 Cr | -20 % | -14.29 % |
Tax % | 28.95 % | 20 % | 6.67 % | -13.33 % | -22.28 % |
Net Profit | Rs. 0.11 Cr | Rs. 0.12 Cr | Rs. 0.11 Cr | -8.33 % | + 0 % |
EPS in Rs | Rs. 0.48 | Rs. 0.53 | Rs. 0.5 | -5.66 % | + 4.17 % |
Today, we’re looking at Continental Chemicals 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 -76.28 %. However, it did see a marginal increase of 2 % from the previous quarter. Expenses ticked up slightly by 21.05 % quarter-on-quarter, aligning with the annual rise of 0 %. Operating profit, while down -800 % compared to last year, faced a quarter-on-quarter dip of -28.57 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -343.64 %, but a shrinkage of -72.94 % sequentially. Other income rose by 1.55 % compared to the last quarter, despite an annual growth of 69.07 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -14.29 % but saw a reduction from the preceding quarter by -20 %.
Tax expenses as a percentage of profits decreased slightly by -22.28 % compared to last year, with a more notable quarter-on-quarter decrease of -13.33 %. Net profit rose by 0 % year-on-year but witnessed a -8.33 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 4.17 % but a quarterly fall of -5.66 %. In summary, Continental Chemicals 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. 0.215 Cr | Rs. 0.05 Cr | Rs. 0.051 Cr | + 2 % | -76.28 % |
Expenses | Rs. 0.23 Cr | Rs. 0.19 Cr | Rs. 0.23 Cr | + 21.05 % | + 0 % |
Operating Profit | Rs. -0.02 Cr | Rs. -0.14 Cr | Rs. -0.18 Cr | -28.57 % | -800 % |
Net Profit | Rs. 0.11 Cr | Rs. 0.12 Cr | Rs. 0.11 Cr | -8.33 % | + 0 % |
EPS in Rs | Rs. 0.48 | Rs. 0.53 | Rs. 0.5 | -5.66 % | + 4.17 % |
In reviewing Continental Chemicals Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -76.28 % year-on-year, however, there was a minor increase of 2 % from the previous quarter. Expenses rose by 0 % compared to the previous year, with a 21.05 % increase quarter-on-quarter. Operating Profit dropped by -800 % annually, and saw a -28.57 % decrease from the last quarter.
Net Profit showed yearly increase of 0 %, and experienced a -8.33 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 4.17 % annually, however dipped by -5.66 % compared to the last quarter. In essence, while Continental Chemicals 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.