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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 28.23 % in the past year, decrease in net sales/revenue by -5.25 %.
- Income over the Year and quarter: Marginal decrease of -97.14% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for JAINEX AAMCOL LTD.. Profit dropped by -513.75 % Year to Year, JAINEX AAMCOL LTD.’s profitability increased by 6.09 % in this quarter.
- EPS over the Year and quarter: EPS declined by -525.00 % Year to Year. EPS increased by 5.74 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 4.52 Cr | Rs. 6.117 Cr | Rs. 5.796 Cr | -5.25 % | + 28.23 % |
Expenses | Rs. 4.13 Cr | Rs. 5.42 Cr | Rs. 5.11 Cr | -5.72 % | + 23.73 % |
Operating Profit | Rs. 0.39 Cr | Rs. 0.7 Cr | Rs. 0.69 Cr | -1.43 % | + 76.92 % |
OPM % | 8.63 % | 11.44 % | 11.9 % | + 0.46 % | + 3.27 % |
Other Income | Rs. 0 Cr | Rs. 0.035 Cr | Rs. 0.001 Cr | -97.14 % | 0 % |
Interest | Rs. 0.11 Cr | Rs. 0.1 Cr | Rs. 0.09 Cr | -10 % | -18.18 % |
Depreciation | Rs. 0.15 Cr | Rs. 0.18 Cr | Rs. 0.16 Cr | -11.11 % | + 6.67 % |
Profit before tax | Rs. 0.13 Cr | Rs. 0.46 Cr | Rs. 0.44 Cr | -4.35 % | + 238.46 % |
Tax % | 161.54 % | 30.36 % | 25.11 % | -5.25 % | -136.43 % |
Net Profit | Rs. -0.08 Cr | Rs. 0.31 Cr | Rs. 0.33 Cr | + 6.45 % | + 512.5 % |
EPS in Rs | Rs. -0.52 | Rs. 2.09 | Rs. 2.21 | + 5.74 % | + 525 % |
Today, we’re looking at JAINEX AAMCOL 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 28.23 %. However, it did see a marginal slip of -5.25 % from the previous quarter. Expenses decreased slightly by -5.72 % quarter-on-quarter, aligning with the annual rise of 23.73 %. Operating profit, while up 76.92 % compared to last year, faced a quarter-on-quarter dip of -1.43 %, 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 3.27 %, but an expansion of 0.46 % sequentially. Other income fell by -97.14 % compared to the last quarter, Interest expenses dropped significantly by -10 % from the previous quarter, yet the year-over-year decrease remains at a moderate -18.18 %. Depreciation costs fell by -11.11 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 6.67 %. Profit before tax grew annually by 238.46 % but saw a reduction from the preceding quarter by -4.35 %.
Tax expenses as a percentage of profits decreased slightly by -136.43 % compared to last year, with a more notable quarter-on-quarter decrease of -5.25 %. Net profit rose by 512.5 % year-on-year but experienced a 6.45 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 525 % but a quarterly rise of 5.74 %. In summary, JAINEX AAMCOL 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. 4.52 Cr | Rs. 6.117 Cr | Rs. 5.796 Cr | -5.25 % | + 28.23 % |
Expenses | Rs. 4.13 Cr | Rs. 5.42 Cr | Rs. 5.11 Cr | -5.72 % | + 23.73 % |
Operating Profit | Rs. 0.39 Cr | Rs. 0.7 Cr | Rs. 0.69 Cr | -1.43 % | + 76.92 % |
Net Profit | Rs. -0.08 Cr | Rs. 0.31 Cr | Rs. 0.33 Cr | + 6.45 % | + 512.5 % |
EPS in Rs | Rs. -0.52 | Rs. 2.09 | Rs. 2.21 | + 5.74 % | + 525 % |
In reviewing JAINEX AAMCOL LTD.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 28.23 % year-on-year growth, although there was a slight dip of -5.25 % from the previous quarter. Expenses rose by 23.73 % compared to the previous year, with a decrease of -5.72 % quarter-on-quarter. Operating Profit surged by 76.92 % annually, and saw a -1.43 % decrease from the last quarter.
Net Profit showed yearly increase of 512.5 %, and experienced a 6.45 % increase from the previous quarter. Earnings Per Share (EPS) rose by 525 % annually, however rose by 5.74 % compared to the last quarter. In essence, while JAINEX AAMCOL 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.