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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 experienced a substantial growth of 50.49 % in the past year, substantial increase in net sales/revenue by 14.06 %.
- 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 109.15 %. Marginal decrease of -88.63% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Comfort Intech Ltd. Profit dropped by -5.7 % Year to Year, Comfort Intech Ltd’s profitability dropped by -41.31 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -6.25 % Year to Year. EPS decreased by -42.31 % 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. 34.325 Cr | Rs. 45.287 Cr | Rs. 51.656 Cr | + 14.06 % | + 50.49 % |
Expenses | Rs. 30.7 Cr | Rs. 43.25 Cr | Rs. 49.38 Cr | + 14.17 % | + 60.85 % |
Operating Profit | Rs. 3.63 Cr | Rs. 2.04 Cr | Rs. 2.28 Cr | + 11.76 % | -37.19 % |
OPM % | 10.58 % | 4.5 % | 4.41 % | -0.09 % | -6.17 % |
Other Income | Rs. 0.164 Cr | Rs. 3.016 Cr | Rs. 0.343 Cr | -88.63 % | + 109.15 % |
Interest | Rs. 0.27 Cr | Rs. 0.61 Cr | Rs. 0.41 Cr | -32.79 % | + 51.85 % |
Depreciation | Rs. 0.07 Cr | Rs. 0.23 Cr | Rs. 0.07 Cr | -69.57 % | + 0 % |
Profit before tax | Rs. 3.45 Cr | Rs. 4.22 Cr | Rs. 2.14 Cr | -49.29 % | -37.97 % |
Tax % | 26.16 % | 26.76 % | 25.62 % | -1.14 % | -0.54 % |
Net Profit | Rs. 5.16 Cr | Rs. 8.29 Cr | Rs. 4.87 Cr | -41.25 % | -5.62 % |
EPS in Rs | Rs. 0.16 | Rs. 0.26 | Rs. 0.15 | -42.31 % | -6.25 % |
Today, we’re looking at Comfort Intech Ltd’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 50.49 %. However, it did see a marginal increase of 14.06 % from the previous quarter. Expenses ticked up slightly by 14.17 % quarter-on-quarter, aligning with the annual rise of 60.85 %. Operating profit, while down -37.19 % compared to last year, faced a quarter-on-quarter increase of 11.76 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -6.17 %, but a shrinkage of -0.09 % sequentially. Other income fell by -88.63 % compared to the last quarter, despite an annual growth of 109.15 %. Interest expenses dropped significantly by -32.79 % from the previous quarter, yet the year-over-year increase remains at a moderate 51.85 %. Depreciation costs fell by -69.57 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -37.97 % but saw a reduction from the preceding quarter by -49.29 %.
Tax expenses as a percentage of profits decreased slightly by -0.54 % compared to last year, with a more notable quarter-on-quarter decrease of -1.14 %. Net profit fell by -5.62 % year-on-year but witnessed a -41.25 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -6.25 % but a quarterly fall of -42.31 %. In summary, Comfort Intech 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. 34.325 Cr | Rs. 45.287 Cr | Rs. 51.656 Cr | + 14.06 % | + 50.49 % |
Expenses | Rs. 30.7 Cr | Rs. 43.25 Cr | Rs. 49.38 Cr | + 14.17 % | + 60.85 % |
Operating Profit | Rs. 3.63 Cr | Rs. 2.04 Cr | Rs. 2.28 Cr | + 11.76 % | -37.19 % |
Net Profit | Rs. 5.16 Cr | Rs. 8.29 Cr | Rs. 4.87 Cr | -41.25 % | -5.62 % |
EPS in Rs | Rs. 0.16 | Rs. 0.26 | Rs. 0.15 | -42.31 % | -6.25 % |
In reviewing Comfort Intech Ltd’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 50.49 % year-on-year growth, however, there was a minor increase of 14.06 % from the previous quarter. Expenses rose by 60.85 % compared to the previous year, with a 14.17 % increase quarter-on-quarter. Operating Profit dropped by -37.19 % annually, and saw a 11.76 % increase from the last quarter.
Net Profit showed yearly decrease of -5.62 %, and experienced a -41.25 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -6.25 % annually, however dipped by -42.31 % compared to the last quarter. In essence, while Comfort Intech Ltd faces strong annual decline 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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