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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’s sales declined by -6.15 % over the year, decrease in net sales/revenue by -3.32 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -37.18 %, Marginal decrease of -99.27% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Catvision Limited. Notable increase of 675 % in net profit Year to Year, Catvision Limited’s profitability dropped by -98.06 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 666.67 % Year to Year. EPS decreased by -98.03 % 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. 5.12 Cr | Rs. 4.97 Cr | Rs. 4.805 Cr | -3.32 % | -6.15 % |
Expenses | Rs. 5.04 Cr | Rs. 5.07 Cr | Rs. 4.61 Cr | -9.07 % | -8.53 % |
Operating Profit | Rs. 0.08 Cr | Rs. -0.1 Cr | Rs. 0.19 Cr | + 290 % | + 137.5 % |
OPM % | 1.56 % | -2.01 % | 3.95 % | + 5.96 % | + 2.39 % |
Other Income | Rs. 0.078 Cr | Rs. 6.723 Cr | Rs. 0.049 Cr | -99.27 % | -37.18 % |
Interest | Rs. 0.01 Cr | Rs. 0.05 Cr | Rs. 0.01 Cr | -80 % | + 0 % |
Depreciation | Rs. 0.18 Cr | Rs. 0.16 Cr | Rs. 0.12 Cr | -25 % | -33.33 % |
Profit before tax | Rs. -0.03 Cr | Rs. 6.41 Cr | Rs. 0.11 Cr | -98.28 % | + 466.67 % |
Tax % | -0 % | 0.55 % | 0 % | -0.55 % | 0 % |
Net Profit | Rs. 0.02 Cr | Rs. 6.38 Cr | Rs. 0.12 Cr | -98.12 % | + 500 % |
EPS in Rs | Rs. 0.03 | Rs. 11.7 | Rs. 0.23 | -98.03 % | + 666.67 % |
Today, we’re looking at Catvision Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -6.15 %. However, it did see a marginal slip of -3.32 % from the previous quarter. Expenses decreased slightly by -9.07 % quarter-on-quarter, aligning with the annual decline of -8.53 %. Operating profit, while up 137.5 % compared to last year, faced a quarter-on-quarter increase of 290 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2.39 %, but an expansion of 5.96 % sequentially. Other income fell by -99.27 % compared to the last quarter, despite an annual decline of -37.18 %. Interest expenses dropped significantly by -80 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs fell by -25 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -33.33 %. Profit before tax grew annually by 466.67 % but saw a reduction from the preceding quarter by -98.28 %.
with a more notable quarter-on-quarter decrease of -0.55 %. Net profit rose by 500 % year-on-year but witnessed a -98.12 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 666.67 % but a quarterly fall of -98.03 %. In summary, Catvision Limited’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. 5.12 Cr | Rs. 4.97 Cr | Rs. 4.805 Cr | -3.32 % | -6.15 % |
Expenses | Rs. 5.04 Cr | Rs. 5.07 Cr | Rs. 4.61 Cr | -9.07 % | -8.53 % |
Operating Profit | Rs. 0.08 Cr | Rs. -0.1 Cr | Rs. 0.19 Cr | + 290 % | + 137.5 % |
Net Profit | Rs. 0.02 Cr | Rs. 6.38 Cr | Rs. 0.12 Cr | -98.12 % | + 500 % |
EPS in Rs | Rs. 0.03 | Rs. 11.7 | Rs. 0.23 | -98.03 % | + 666.67 % |
In reviewing Catvision Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -6.15 % year-on-year, although there was a slight dip of -3.32 % from the previous quarter. Expenses decreased by -8.53 % compared to the previous year, with a decrease of -9.07 % quarter-on-quarter. Operating Profit surged by 137.5 % annually, and saw a 290 % increase from the last quarter.
Net Profit showed yearly increase of 500 %, and experienced a -98.12 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 666.67 % annually, however dipped by -98.03 % compared to the last quarter. In essence, while Catvision Limited 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.