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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 -70.39 % over the year, decrease in net sales/revenue by -67.56 %.
- Income over the Year and quarter: Marginal decrease of -24.11% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Artemis Electricals and Projects Limited. Profit dropped by -43.36 % Year to Year, Artemis Electricals and Projects Limited’s profitability increased by 114.37 % in this quarter.
- EPS over the Year and quarter: EPS declined by -40.00 % Year to Year. EPS increased by 200 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 13.566 Cr | Rs. 12.384 Cr | Rs. 4.017 Cr | -67.56 % | -70.39 % |
Expenses | Rs. 11.07 Cr | Rs. 11.59 Cr | Rs. 2.67 Cr | -76.96 % | -75.88 % |
Operating Profit | Rs. 2.5 Cr | Rs. 0.79 Cr | Rs. 1.35 Cr | + 70.89 % | -46 % |
OPM % | 18.43 % | 6.38 % | 33.61 % | + 27.23 % | + 15.18 % |
Other Income | Rs. 0 Cr | Rs. 0.112 Cr | Rs. 0.085 Cr | -24.11 % | 0 % |
Interest | Rs. 0.42 Cr | Rs. 0.08 Cr | Rs. 0.07 Cr | -12.5 % | -83.33 % |
Depreciation | Rs. 0.35 Cr | Rs. 0.35 Cr | Rs. 0.35 Cr | + 0 % | + 0 % |
Profit before tax | Rs. 1.73 Cr | Rs. 0.47 Cr | Rs. 1.02 Cr | + 117.02 % | -41.04 % |
Tax % | 23.7 % | 28.1 % | 26.5 % | -1.6 % | + 2.8 % |
Net Profit | Rs. 1.32 Cr | Rs. 0.35 Cr | Rs. 0.75 Cr | + 114.29 % | -43.18 % |
EPS in Rs | Rs. 0.05 | Rs. 0.1 | Rs. 0.03 | -70 % | -40 % |
Today, we’re looking at Artemis Electricals and Projects Limited’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 -70.39 %. However, it did see a marginal slip of -67.56 % from the previous quarter. Expenses decreased slightly by -76.96 % quarter-on-quarter, aligning with the annual decline of -75.88 %. Operating profit, while down -46 % compared to last year, faced a quarter-on-quarter increase of 70.89 %, 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 15.18 %, but an expansion of 27.23 % sequentially. Other income fell by -24.11 % compared to the last quarter, Interest expenses dropped significantly by -12.5 % from the previous quarter, yet the year-over-year decrease remains at a moderate -83.33 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -41.04 % but saw an increase from the preceding quarter by 117.02 %.
Tax expenses as a percentage of profits increased slightly by 2.8 % compared to last year, with a more notable quarter-on-quarter decrease of -1.6 %. Net profit fell by -43.18 % year-on-year but experienced a 114.29 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -40 % but a quarterly fall of -70 %. In summary, Artemis Electricals and Projects 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. 13.566 Cr | Rs. 12.384 Cr | Rs. 4.017 Cr | -67.56 % | -70.39 % |
Expenses | Rs. 11.07 Cr | Rs. 11.59 Cr | Rs. 2.67 Cr | -76.96 % | -75.88 % |
Operating Profit | Rs. 2.5 Cr | Rs. 0.79 Cr | Rs. 1.35 Cr | + 70.89 % | -46 % |
Net Profit | Rs. 1.32 Cr | Rs. 0.35 Cr | Rs. 0.75 Cr | + 114.29 % | -43.18 % |
EPS in Rs | Rs. 0.05 | Rs. 0.1 | Rs. 0.03 | -70 % | -40 % |
In reviewing Artemis Electricals and Projects Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -70.39 % year-on-year, although there was a slight dip of -67.56 % from the previous quarter. Expenses decreased by -75.88 % compared to the previous year, with a decrease of -76.96 % quarter-on-quarter. Operating Profit dropped by -46 % annually, and saw a 70.89 % increase from the last quarter.
Net Profit showed yearly decrease of -43.18 %, and experienced a 114.29 % increase from the previous quarter. Earnings Per Share (EPS) fell by -40 % annually, however dipped by -70 % compared to the last quarter. In essence, while Artemis Electricals and Projects Limited 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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