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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 -29.87 % over the year, decrease in net sales/revenue by -17.34 %.
- 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 57.54 %. Marginal increase in other income during this quarter, up by 29.95%.
- Profit over the Year and quarter: Challenges in sustaining profitability for CANDOUR TECHTEX LIMITED. Profit dropped by -2232 % Year to Year, CANDOUR TECHTEX LIMITED’s profitability dropped by -11.31 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -3,200.00 % Year to Year. EPS decreased by -11.43 % 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. 56.685 Cr | Rs. 48.095 Cr | Rs. 39.755 Cr | -17.34 % | -29.87 % |
| Expenses | Rs. 55.62 Cr | Rs. 45.9 Cr | Rs. 37.67 Cr | -17.93 % | -32.27 % |
| Operating Profit | Rs. 1.07 Cr | Rs. 2.2 Cr | Rs. 2.09 Cr | -5 % | + 95.33 % |
| OPM % | 1.89 % | 4.57 % | 5.26 % | + 0.69 % | + 3.37 % |
| Other Income | Rs. 0.325 Cr | Rs. 0.394 Cr | Rs. 0.512 Cr | + 29.95 % | + 57.54 % |
| Interest | Rs. 0.59 Cr | Rs. 0.74 Cr | Rs. 0.77 Cr | + 4.05 % | + 30.51 % |
| Depreciation | Rs. 0.81 Cr | Rs. 0.99 Cr | Rs. 0.99 Cr | + 0 % | + 22.22 % |
| Profit before tax | Rs. -0 Cr | Rs. 0.86 Cr | Rs. 0.84 Cr | -2.33 % | 0 % |
| Tax % | -92.31 % | 30.36 % | 36.47 % | + 6.11 % | + 128.78 % |
| Net Profit | Rs. -0.03 Cr | Rs. 0.6 Cr | Rs. 0.53 Cr | -11.67 % | + 1866.67 % |
| EPS in Rs | Rs. -0.01 | Rs. 0.35 | Rs. 0.31 | -11.43 % | + 3200 % |
Today, we’re looking at CANDOUR TECHTEX 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 -29.87 %. However, it did see a marginal slip of -17.34 % from the previous quarter. Expenses decreased slightly by -17.93 % quarter-on-quarter, aligning with the annual decline of -32.27 %. Operating profit, while up 95.33 % compared to last year, faced a quarter-on-quarter dip of -5 %, 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 3.37 %, but an expansion of 0.69 % sequentially. Other income rose by 29.95 % compared to the last quarter, despite an annual growth of 57.54 %. Interest expenses surged remarkably by 4.05 % from the previous quarter, yet the year-over-year increase remains at a moderate 30.51 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 22.22 %. but saw a reduction from the preceding quarter by -2.33 %.
Tax expenses as a percentage of profits increased slightly by 128.78 % compared to last year, with a more notable quarter-on-quarter increase of 6.11 %. Net profit rose by 1866.67 % year-on-year but witnessed a -11.67 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 3200 % but a quarterly fall of -11.43 %. In summary, CANDOUR TECHTEX 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. 56.685 Cr | Rs. 48.095 Cr | Rs. 39.755 Cr | -17.34 % | -29.87 % |
| Expenses | Rs. 55.62 Cr | Rs. 45.9 Cr | Rs. 37.67 Cr | -17.93 % | -32.27 % |
| Operating Profit | Rs. 1.07 Cr | Rs. 2.2 Cr | Rs. 2.09 Cr | -5 % | + 95.33 % |
| Net Profit | Rs. -0.03 Cr | Rs. 0.6 Cr | Rs. 0.53 Cr | -11.67 % | + 1866.67 % |
| EPS in Rs | Rs. -0.01 | Rs. 0.35 | Rs. 0.31 | -11.43 % | + 3200 % |
In reviewing CANDOUR TECHTEX LIMITED’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -29.87 % year-on-year, although there was a slight dip of -17.34 % from the previous quarter. Expenses decreased by -32.27 % compared to the previous year, with a decrease of -17.93 % quarter-on-quarter. Operating Profit surged by 95.33 % annually, and saw a -5 % decrease from the last quarter.
Net Profit showed yearly increase of 1866.67 %, and experienced a -11.67 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 3200 % annually, however dipped by -11.43 % compared to the last quarter. In essence, while CANDOUR TECHTEX 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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