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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 17.2 % in the past year, substantial increase in net sales/revenue by 39.11 %.
- 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 119.64 %. Marginal increase in other income during this quarter, up by 98.39%.
- Profit over the Year and quarter: Significant improvement in profitability for Remi Edelstahl Tubulars Limited. Notable increase of 117.27 % in net profit Year to Year, Remi Edelstahl Tubulars Limited’s profitability increased by 538.58 % in this quarter.
- EPS over the Year and quarter: EPS increased by 116.98 % Year to Year. EPS increased by 538.89 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 27.264 Cr | Rs. 22.971 Cr | Rs. 31.954 Cr | + 39.11 % | + 17.2 % |
Expenses | Rs. 25.33 Cr | Rs. 21.66 Cr | Rs. 29.54 Cr | + 36.38 % | + 16.62 % |
Operating Profit | Rs. 1.93 Cr | Rs. 1.31 Cr | Rs. 2.41 Cr | + 83.97 % | + 24.87 % |
OPM % | 7.08 % | 5.7 % | 7.54 % | + 1.84 % | + 0.46 % |
Other Income | Rs. 0.056 Cr | Rs. 0.062 Cr | Rs. 0.123 Cr | + 98.39 % | + 119.64 % |
Interest | Rs. 0.32 Cr | Rs. 0.28 Cr | Rs. 0.29 Cr | + 3.57 % | -9.38 % |
Depreciation | Rs. 0.87 Cr | Rs. 0.84 Cr | Rs. 0.84 Cr | + 0 % | -3.45 % |
Profit before tax | Rs. 0.8 Cr | Rs. 0.25 Cr | Rs. 1.4 Cr | + 460 % | + 75 % |
Tax % | 27.84 % | 23.94 % | 10.72 % | -13.22 % | -17.12 % |
Net Profit | Rs. 0.58 Cr | Rs. 0.2 Cr | Rs. 1.26 Cr | + 530 % | + 117.24 % |
EPS in Rs | Rs. 0.53 | Rs. 0.18 | Rs. 1.15 | + 538.89 % | + 116.98 % |
Today, we’re looking at Remi Edelstahl Tubulars Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 17.2 %. However, it did see a marginal increase of 39.11 % from the previous quarter. Expenses ticked up slightly by 36.38 % quarter-on-quarter, aligning with the annual rise of 16.62 %. Operating profit, while up 24.87 % compared to last year, faced a quarter-on-quarter increase of 83.97 %, 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 0.46 %, but an expansion of 1.84 % sequentially. Other income rose by 98.39 % compared to the last quarter, despite an annual growth of 119.64 %. Interest expenses surged remarkably by 3.57 % from the previous quarter, yet the year-over-year decrease remains at a moderate -9.38 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -3.45 %. Profit before tax grew annually by 75 % but saw an increase from the preceding quarter by 460 %.
Tax expenses as a percentage of profits decreased slightly by -17.12 % compared to last year, with a more notable quarter-on-quarter decrease of -13.22 %. Net profit rose by 117.24 % year-on-year but experienced a 530 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 116.98 % but a quarterly rise of 538.89 %. In summary, Remi Edelstahl Tubulars 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. 27.264 Cr | Rs. 22.971 Cr | Rs. 31.954 Cr | + 39.11 % | + 17.2 % |
Expenses | Rs. 25.33 Cr | Rs. 21.66 Cr | Rs. 29.54 Cr | + 36.38 % | + 16.62 % |
Operating Profit | Rs. 1.93 Cr | Rs. 1.31 Cr | Rs. 2.41 Cr | + 83.97 % | + 24.87 % |
Net Profit | Rs. 0.58 Cr | Rs. 0.2 Cr | Rs. 1.26 Cr | + 530 % | + 117.24 % |
EPS in Rs | Rs. 0.53 | Rs. 0.18 | Rs. 1.15 | + 538.89 % | + 116.98 % |
In reviewing Remi Edelstahl Tubulars Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 17.2 % year-on-year growth, however, there was a minor increase of 39.11 % from the previous quarter. Expenses rose by 16.62 % compared to the previous year, with a 36.38 % increase quarter-on-quarter. Operating Profit surged by 24.87 % annually, and saw a 83.97 % increase from the last quarter.
Net Profit showed yearly increase of 117.24 %, and experienced a 530 % increase from the previous quarter. Earnings Per Share (EPS) rose by 116.98 % annually, however rose by 538.89 % compared to the last quarter. In essence, while Remi Edelstahl Tubulars 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.
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