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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 20.37 % in the past year, decrease in net sales/revenue by -58.07 %.
- 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 19.05 %. Marginal decrease of -37.11% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for CCL International Ltd. Notable increase of 34.23 % in net profit Year to Year, CCL International Ltd’s profitability dropped by -84.25 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 33.33 % Year to Year. EPS decreased by -83.67 % 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. 5.681 Cr | Rs. 16.307 Cr | Rs. 6.838 Cr | -58.07 % | + 20.37 % |
| Expenses | Rs. 4.8 Cr | Rs. 14 Cr | Rs. 5.86 Cr | -58.14 % | + 22.08 % |
| Operating Profit | Rs. 0.88 Cr | Rs. 2.31 Cr | Rs. 0.98 Cr | -57.58 % | + 11.36 % |
| OPM % | 15.49 % | 14.17 % | 14.33 % | + 0.16 % | -1.16 % |
| Other Income | Rs. 0.084 Cr | Rs. 0.159 Cr | Rs. 0.1 Cr | -37.11 % | + 19.05 % |
| Interest | Rs. 0.2 Cr | Rs. 1.23 Cr | Rs. 0.25 Cr | -79.67 % | + 25 % |
| Depreciation | Rs. 0.67 Cr | Rs. 0.76 Cr | Rs. 0.66 Cr | -13.16 % | -1.49 % |
| Profit before tax | Rs. 0.09 Cr | Rs. 0.48 Cr | Rs. 0.17 Cr | -64.58 % | + 88.89 % |
| Tax % | 18.09 % | 95.65 % | 11.31 % | -84.34 % | -6.78 % |
| Net Profit | Rs. 0.11 Cr | Rs. 0.95 Cr | Rs. 0.15 Cr | -84.21 % | + 36.36 % |
| EPS in Rs | Rs. 0.06 | Rs. 0.49 | Rs. 0.08 | -83.67 % | + 33.33 % |
Today, we’re looking at CCL International 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 20.37 %. However, it did see a marginal slip of -58.07 % from the previous quarter. Expenses decreased slightly by -58.14 % quarter-on-quarter, aligning with the annual rise of 22.08 %. Operating profit, while up 11.36 % compared to last year, faced a quarter-on-quarter dip of -57.58 %, 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 -1.16 %, but an expansion of 0.16 % sequentially. Other income fell by -37.11 % compared to the last quarter, despite an annual growth of 19.05 %. Interest expenses dropped significantly by -79.67 % from the previous quarter, yet the year-over-year increase remains at a moderate 25 %. Depreciation costs fell by -13.16 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -1.49 %. Profit before tax grew annually by 88.89 % but saw a reduction from the preceding quarter by -64.58 %.
Tax expenses as a percentage of profits decreased slightly by -6.78 % compared to last year, with a more notable quarter-on-quarter decrease of -84.34 %. Net profit rose by 36.36 % year-on-year but witnessed a -84.21 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 33.33 % but a quarterly fall of -83.67 %. In summary, CCL International 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. 5.681 Cr | Rs. 16.307 Cr | Rs. 6.838 Cr | -58.07 % | + 20.37 % |
| Expenses | Rs. 4.8 Cr | Rs. 14 Cr | Rs. 5.86 Cr | -58.14 % | + 22.08 % |
| Operating Profit | Rs. 0.88 Cr | Rs. 2.31 Cr | Rs. 0.98 Cr | -57.58 % | + 11.36 % |
| Net Profit | Rs. 0.11 Cr | Rs. 0.95 Cr | Rs. 0.15 Cr | -84.21 % | + 36.36 % |
| EPS in Rs | Rs. 0.06 | Rs. 0.49 | Rs. 0.08 | -83.67 % | + 33.33 % |
In reviewing CCL International Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 20.37 % year-on-year growth, although there was a slight dip of -58.07 % from the previous quarter. Expenses rose by 22.08 % compared to the previous year, with a decrease of -58.14 % quarter-on-quarter. Operating Profit surged by 11.36 % annually, and saw a -57.58 % decrease from the last quarter.
Net Profit showed yearly increase of 36.36 %, and experienced a -84.21 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 33.33 % annually, however dipped by -83.67 % compared to the last quarter. In essence, while CCL International 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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