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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 16.49 % in the past year, decrease in net sales/revenue by -13.73 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -80.43 %, Marginal increase in other income during this quarter, up by 80%.
- Profit over the Year and quarter: Significant improvement in profitability for Choksi Laboratories Ltd.. Notable increase of 985.71 % in net profit Year to Year, Choksi Laboratories Ltd.’s profitability dropped by -81.95 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 2,100.00 % Year to Year. EPS decreased by -63.33 % 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. 7.951 Cr | Rs. 10.736 Cr | Rs. 9.262 Cr | -13.73 % | + 16.49 % |
Expenses | Rs. 5.84 Cr | Rs. 7.9 Cr | Rs. 6.9 Cr | -12.66 % | + 18.15 % |
Operating Profit | Rs. 2.11 Cr | Rs. 2.84 Cr | Rs. 2.36 Cr | -16.9 % | + 11.85 % |
OPM % | 26.54 % | 26.45 % | 25.48 % | -0.97 % | -1.06 % |
Other Income | Rs. 0.046 Cr | Rs. 0.005 Cr | Rs. 0.009 Cr | + 80 % | -80.43 % |
Interest | Rs. 0.74 Cr | Rs. 0.72 Cr | Rs. 0.66 Cr | -8.33 % | -10.81 % |
Depreciation | Rs. 1.41 Cr | Rs. 1.5 Cr | Rs. 1.61 Cr | + 7.33 % | + 14.18 % |
Profit before tax | Rs. 0.01 Cr | Rs. 0.63 Cr | Rs. 0.1 Cr | -84.13 % | + 900 % |
Tax % | 12.5 % | 31.54 % | 21.65 % | -9.89 % | + 9.15 % |
Net Profit | Rs. 0.01 Cr | Rs. 0.42 Cr | Rs. 0.08 Cr | -80.95 % | + 700 % |
EPS in Rs | Rs. 0.01 | Rs. 0.6 | Rs. 0.22 | -63.33 % | + 2100 % |
Today, we’re looking at Choksi Laboratories 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 16.49 %. However, it did see a marginal slip of -13.73 % from the previous quarter. Expenses decreased slightly by -12.66 % quarter-on-quarter, aligning with the annual rise of 18.15 %. Operating profit, while up 11.85 % compared to last year, faced a quarter-on-quarter dip of -16.9 %, 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 -1.06 %, but a shrinkage of -0.97 % sequentially. Other income rose by 80 % compared to the last quarter, despite an annual decline of -80.43 %. Interest expenses dropped significantly by -8.33 % from the previous quarter, yet the year-over-year decrease remains at a moderate -10.81 %. Depreciation costs climbed by 7.33 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 14.18 %. Profit before tax grew annually by 900 % but saw a reduction from the preceding quarter by -84.13 %.
Tax expenses as a percentage of profits increased slightly by 9.15 % compared to last year, with a more notable quarter-on-quarter decrease of -9.89 %. Net profit rose by 700 % year-on-year but witnessed a -80.95 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 2100 % but a quarterly fall of -63.33 %. In summary, Choksi Laboratories 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. 7.951 Cr | Rs. 10.736 Cr | Rs. 9.262 Cr | -13.73 % | + 16.49 % |
Expenses | Rs. 5.84 Cr | Rs. 7.9 Cr | Rs. 6.9 Cr | -12.66 % | + 18.15 % |
Operating Profit | Rs. 2.11 Cr | Rs. 2.84 Cr | Rs. 2.36 Cr | -16.9 % | + 11.85 % |
Net Profit | Rs. 0.01 Cr | Rs. 0.42 Cr | Rs. 0.08 Cr | -80.95 % | + 700 % |
EPS in Rs | Rs. 0.01 | Rs. 0.6 | Rs. 0.22 | -63.33 % | + 2100 % |
In reviewing Choksi Laboratories Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 16.49 % year-on-year growth, although there was a slight dip of -13.73 % from the previous quarter. Expenses rose by 18.15 % compared to the previous year, with a decrease of -12.66 % quarter-on-quarter. Operating Profit surged by 11.85 % annually, and saw a -16.9 % decrease from the last quarter.
Net Profit showed yearly increase of 700 %, and experienced a -80.95 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 2100 % annually, however dipped by -63.33 % compared to the last quarter. In essence, while Choksi Laboratories Ltd. exhibits strong annual growth 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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