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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 -0.86 % over the year, decrease in net sales/revenue by -9.98 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -9.78 %, Marginal increase in other income during this quarter, up by 33.33%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Camex Ltd.. Profit dropped by -348.57 % Year to Year, Camex Ltd.’s profitability dropped by -60.76 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -350.00 % Year to Year. EPS decreased by -60 % 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. 34.131 Cr | Rs. 37.588 Cr | Rs. 33.836 Cr | -9.98 % | -0.86 % |
Expenses | Rs. 34.42 Cr | Rs. 35.49 Cr | Rs. 32.95 Cr | -7.16 % | -4.27 % |
Operating Profit | Rs. -0.29 Cr | Rs. 2.1 Cr | Rs. 0.89 Cr | -57.62 % | + 406.9 % |
OPM % | -0.85 % | 5.59 % | 2.63 % | -2.96 % | + 3.48 % |
Other Income | Rs. 0.368 Cr | Rs. 0.249 Cr | Rs. 0.332 Cr | + 33.33 % | -9.78 % |
Interest | Rs. 0.25 Cr | Rs. 0.18 Cr | Rs. 0.33 Cr | + 83.33 % | + 32 % |
Depreciation | Rs. 0.08 Cr | Rs. 0.08 Cr | Rs. 0.07 Cr | -12.5 % | -12.5 % |
Profit before tax | Rs. -0.25 Cr | Rs. 2.09 Cr | Rs. 0.82 Cr | -60.77 % | + 428 % |
Tax % | -1.61 % | 25.81 % | 25.28 % | -0.53 % | + 26.89 % |
Net Profit | Rs. -0.25 Cr | Rs. 1.55 Cr | Rs. 0.61 Cr | -60.65 % | + 344 % |
EPS in Rs | Rs. -0.24 | Rs. 1.5 | Rs. 0.6 | -60 % | + 350 % |
Today, we’re looking at Camex Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -0.86 %. However, it did see a marginal slip of -9.98 % from the previous quarter. Expenses decreased slightly by -7.16 % quarter-on-quarter, aligning with the annual decline of -4.27 %. Operating profit, while up 406.9 % compared to last year, faced a quarter-on-quarter dip of -57.62 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 3.48 %, but a shrinkage of -2.96 % sequentially. Other income rose by 33.33 % compared to the last quarter, despite an annual decline of -9.78 %. Interest expenses surged remarkably by 83.33 % from the previous quarter, yet the year-over-year increase remains at a moderate 32 %. Depreciation costs fell by -12.5 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -12.5 %. Profit before tax grew annually by 428 % but saw a reduction from the preceding quarter by -60.77 %.
Tax expenses as a percentage of profits increased slightly by 26.89 % compared to last year, with a more notable quarter-on-quarter decrease of -0.53 %. Net profit rose by 344 % year-on-year but witnessed a -60.65 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 350 % but a quarterly fall of -60 %. In summary, Camex 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. 34.131 Cr | Rs. 37.588 Cr | Rs. 33.836 Cr | -9.98 % | -0.86 % |
Expenses | Rs. 34.42 Cr | Rs. 35.49 Cr | Rs. 32.95 Cr | -7.16 % | -4.27 % |
Operating Profit | Rs. -0.29 Cr | Rs. 2.1 Cr | Rs. 0.89 Cr | -57.62 % | + 406.9 % |
Net Profit | Rs. -0.25 Cr | Rs. 1.55 Cr | Rs. 0.61 Cr | -60.65 % | + 344 % |
EPS in Rs | Rs. -0.24 | Rs. 1.5 | Rs. 0.6 | -60 % | + 350 % |
In reviewing Camex Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -0.86 % year-on-year, although there was a slight dip of -9.98 % from the previous quarter. Expenses decreased by -4.27 % compared to the previous year, with a decrease of -7.16 % quarter-on-quarter. Operating Profit surged by 406.9 % annually, and saw a -57.62 % decrease from the last quarter.
Net Profit showed yearly increase of 344 %, and experienced a -60.65 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 350 % annually, however dipped by -60 % compared to the last quarter. In essence, while Camex 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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