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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’s sales declined by -14.66 % over the year, substantial increase in net sales/revenue by 12.73 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -96.79 %, Marginal decrease of -87.5% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Nirav Commercials Ltd.,. Profit dropped by -102.08 % Year to Year, Nirav Commercials Ltd.,’s profitability dropped by -133.33 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -97.14 % Year to Year. EPS decreased by -28.13 % 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. 2.906 Cr | Rs. 2.2 Cr | Rs. 2.48 Cr | + 12.73 % | -14.66 % |
| Expenses | Rs. 2.68 Cr | Rs. 2.19 Cr | Rs. 2.42 Cr | + 10.5 % | -9.7 % |
| Operating Profit | Rs. 0.23 Cr | Rs. 0.01 Cr | Rs. 0.06 Cr | + 500 % | -73.91 % |
| OPM % | 7.91 % | 0.45 % | 2.42 % | + 1.97 % | -5.49 % |
| Other Income | Rs. 0.312 Cr | Rs. 0.08 Cr | Rs. 0.01 Cr | -87.5 % | -96.79 % |
| Interest | Rs. 0.07 Cr | Rs. 0.02 Cr | Rs. 0.06 Cr | + 200 % | -14.29 % |
| Depreciation | Rs. 0.04 Cr | Rs. 0.03 Cr | Rs. 0.03 Cr | + 0 % | -25 % |
| Profit before tax | Rs. 0.43 Cr | Rs. 0.04 Cr | Rs. -0.02 Cr | -150 % | -104.65 % |
| Tax % | 11.63 % | 25 % | -50 % | -75 % | -61.63 % |
| Net Profit | Rs. 0.48 Cr | Rs. 0.03 Cr | Rs. -0.01 Cr | -133.33 % | -102.08 % |
| EPS in Rs | Rs. 16.1 | Rs. 0.64 | Rs. -0.46 | -171.88 % | -102.86 % |
Today, we’re looking at Nirav Commercials Ltd.,’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -14.66 %. However, it did see a marginal increase of 12.73 % from the previous quarter. Expenses ticked up slightly by 10.5 % quarter-on-quarter, aligning with the annual decline of -9.7 %. Operating profit, while down -73.91 % compared to last year, faced a quarter-on-quarter increase of 500 %, 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 -5.49 %, but an expansion of 1.97 % sequentially. Other income fell by -87.5 % compared to the last quarter, despite an annual decline of -96.79 %. Interest expenses surged remarkably by 200 % from the previous quarter, yet the year-over-year decrease remains at a moderate -14.29 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -25 %. Profit before tax declined annually by -104.65 % but saw a reduction from the preceding quarter by -150 %.
Tax expenses as a percentage of profits decreased slightly by -61.63 % compared to last year, with a more notable quarter-on-quarter decrease of -75 %. Net profit fell by -102.08 % year-on-year but witnessed a -133.33 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -102.86 % but a quarterly fall of -171.88 %. In summary, Nirav Commercials 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. 2.906 Cr | Rs. 2.2 Cr | Rs. 2.48 Cr | + 12.73 % | -14.66 % |
| Expenses | Rs. 2.68 Cr | Rs. 2.19 Cr | Rs. 2.42 Cr | + 10.5 % | -9.7 % |
| Operating Profit | Rs. 0.23 Cr | Rs. 0.01 Cr | Rs. 0.06 Cr | + 500 % | -73.91 % |
| Net Profit | Rs. 0.48 Cr | Rs. 0.03 Cr | Rs. -0.01 Cr | -133.33 % | -102.08 % |
| EPS in Rs | Rs. 16.1 | Rs. 0.64 | Rs. -0.46 | -171.88 % | -102.86 % |
In reviewing Nirav Commercials Ltd.,’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -14.66 % year-on-year, however, there was a minor increase of 12.73 % from the previous quarter. Expenses decreased by -9.7 % compared to the previous year, with a 10.5 % increase quarter-on-quarter. Operating Profit dropped by -73.91 % annually, and saw a 500 % increase from the last quarter.
Net Profit showed yearly decrease of -102.08 %, and experienced a -133.33 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -102.86 % annually, however dipped by -171.88 % compared to the last quarter. In essence, while Nirav Commercials Ltd., faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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