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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 -4.13 % over the year, decrease in net sales/revenue by -6.79 %.
- 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 980.95 %. Marginal decrease of -10.28% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Campus Activewear Limited. Profit dropped by -19.38 % Year to Year, Campus Activewear Limited’s profitability dropped by -22.5 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -19.42 % Year to Year. EPS decreased by -22.43 % 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. 353.76 Cr | Rs. 363.86 Cr | Rs. 339.16 Cr | -6.79 % | -4.13 % |
| Expenses | Rs. 287.56 Cr | Rs. 299.98 Cr | Rs. 287.42 Cr | -4.19 % | -0.05 % |
| Operating Profit | Rs. 66.2 Cr | Rs. 63.88 Cr | Rs. 51.74 Cr | -19 % | -21.84 % |
| OPM % | 18.71 % | 17.56 % | 15.26 % | -2.3 % | -3.45 % |
| Other Income | Rs. 0.21 Cr | Rs. 2.53 Cr | Rs. 2.27 Cr | -10.28 % | + 980.95 % |
| Interest | Rs. 6.94 Cr | Rs. 4.02 Cr | Rs. 3.68 Cr | -8.46 % | -46.97 % |
| Depreciation | Rs. 17.07 Cr | Rs. 18.6 Cr | Rs. 16.24 Cr | -12.69 % | -4.86 % |
| Profit before tax | Rs. 42.4 Cr | Rs. 43.79 Cr | Rs. 34.09 Cr | -22.15 % | -19.6 % |
| Tax % | 25.75 % | 25.21 % | 25.55 % | + 0.34 % | -0.2 % |
| Net Profit | Rs. 31.48 Cr | Rs. 32.75 Cr | Rs. 25.38 Cr | -22.5 % | -19.38 % |
| EPS in Rs | Rs. 1.03 | Rs. 1.07 | Rs. 0.83 | -22.43 % | -19.42 % |
Today, we’re looking at Campus Activewear Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -4.13 %. However, it did see a marginal slip of -6.79 % from the previous quarter. Expenses decreased slightly by -4.19 % quarter-on-quarter, aligning with the annual decline of -0.05 %. Operating profit, while down -21.84 % compared to last year, faced a quarter-on-quarter dip of -19 %, 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 -3.45 %, but a shrinkage of -2.3 % sequentially. Other income fell by -10.28 % compared to the last quarter, despite an annual growth of 980.95 %. Interest expenses dropped significantly by -8.46 % from the previous quarter, yet the year-over-year decrease remains at a moderate -46.97 %. Depreciation costs fell by -12.69 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -4.86 %. Profit before tax declined annually by -19.6 % but saw a reduction from the preceding quarter by -22.15 %.
Tax expenses as a percentage of profits decreased slightly by -0.2 % compared to last year, with a more notable quarter-on-quarter increase of 0.34 %. Net profit fell by -19.38 % year-on-year but witnessed a -22.5 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -19.42 % but a quarterly fall of -22.43 %. In summary, Campus Activewear 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. 353.76 Cr | Rs. 363.86 Cr | Rs. 339.16 Cr | -6.79 % | -4.13 % |
| Expenses | Rs. 287.56 Cr | Rs. 299.98 Cr | Rs. 287.42 Cr | -4.19 % | -0.05 % |
| Operating Profit | Rs. 66.2 Cr | Rs. 63.88 Cr | Rs. 51.74 Cr | -19 % | -21.84 % |
| Net Profit | Rs. 31.48 Cr | Rs. 32.75 Cr | Rs. 25.38 Cr | -22.5 % | -19.38 % |
| EPS in Rs | Rs. 1.03 | Rs. 1.07 | Rs. 0.83 | -22.43 % | -19.42 % |
In reviewing Campus Activewear Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -4.13 % year-on-year, although there was a slight dip of -6.79 % from the previous quarter. Expenses decreased by -0.05 % compared to the previous year, with a decrease of -4.19 % quarter-on-quarter. Operating Profit dropped by -21.84 % annually, and saw a -19 % decrease from the last quarter.
Net Profit showed yearly decrease of -19.38 %, and experienced a -22.5 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -19.42 % annually, however dipped by -22.43 % compared to the last quarter. In essence, while Campus Activewear Limited 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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