Share the post "Caprihans India ‘s Q1 Update: Profit Falls by 65.04% Year-on-Year"
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 6.64 % in the past year, decrease in net sales/revenue by -4.52 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -22.98 %, Marginal decrease of -24.51% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Caprihans India Ltd.,. Notable increase of 65.04 % in net profit Year to Year, Caprihans India Ltd.,’s profitability dropped by -1.68 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 64.94 % Year to Year. EPS decreased by -1.76 % 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. 170.99 Cr | Rs. 190.98 Cr | Rs. 182.35 Cr | -4.52 % | + 6.64 % |
| Expenses | Rs. 157.43 Cr | Rs. 195.91 Cr | Rs. 166.92 Cr | -14.8 % | + 6.03 % |
| Operating Profit | Rs. 13.56 Cr | Rs. -4.93 Cr | Rs. 15.43 Cr | + 412.98 % | + 13.79 % |
| OPM % | 7.93 % | -2.58 % | 8.46 % | + 11.04 % | + 0.53 % |
| Other Income | Rs. 4.96 Cr | Rs. 5.06 Cr | Rs. 3.82 Cr | -24.51 % | -22.98 % |
| Interest | Rs. 19.51 Cr | Rs. 21.81 Cr | Rs. 20.97 Cr | -3.85 % | + 7.48 % |
| Depreciation | Rs. 10.07 Cr | Rs. 12.81 Cr | Rs. 10.8 Cr | -15.69 % | + 7.25 % |
| Profit before tax | Rs. -11.06 Cr | Rs. -34.49 Cr | Rs. -12.52 Cr | + 63.7 % | -13.2 % |
| Tax % | -3.53 % | -48.07 % | -40.65 % | + 7.42 % | -37.12 % |
| Net Profit | Rs. -10.67 Cr | Rs. -17.91 Cr | Rs. -17.61 Cr | + 1.68 % | -65.04 % |
| EPS in Rs | Rs. -8.13 | Rs. -13.65 | Rs. -13.41 | + 1.76 % | -64.94 % |
Today, we’re looking at Caprihans India Ltd.,’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 6.64 %. However, it did see a marginal slip of -4.52 % from the previous quarter. Expenses decreased slightly by -14.8 % quarter-on-quarter, aligning with the annual rise of 6.03 %. Operating profit, while up 13.79 % compared to last year, faced a quarter-on-quarter increase of 412.98 %, 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 0.53 %, but an expansion of 11.04 % sequentially. Other income fell by -24.51 % compared to the last quarter, despite an annual decline of -22.98 %. Interest expenses dropped significantly by -3.85 % from the previous quarter, yet the year-over-year increase remains at a moderate 7.48 %. Depreciation costs fell by -15.69 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 7.25 %. Profit before tax declined annually by -13.2 % but saw an increase from the preceding quarter by 63.7 %.
Tax expenses as a percentage of profits decreased slightly by -37.12 % compared to last year, with a more notable quarter-on-quarter increase of 7.42 %. Net profit fell by -65.04 % year-on-year but experienced a 1.68 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -64.94 % but a quarterly rise of 1.76 %. In summary, Caprihans India 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. 170.99 Cr | Rs. 190.98 Cr | Rs. 182.35 Cr | -4.52 % | + 6.64 % |
| Expenses | Rs. 157.43 Cr | Rs. 195.91 Cr | Rs. 166.92 Cr | -14.8 % | + 6.03 % |
| Operating Profit | Rs. 13.56 Cr | Rs. -4.93 Cr | Rs. 15.43 Cr | + 412.98 % | + 13.79 % |
| Net Profit | Rs. -10.67 Cr | Rs. -17.91 Cr | Rs. -17.61 Cr | + 1.68 % | -65.04 % |
| EPS in Rs | Rs. -8.13 | Rs. -13.65 | Rs. -13.41 | + 1.76 % | -64.94 % |
In reviewing Caprihans India Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 6.64 % year-on-year growth, although there was a slight dip of -4.52 % from the previous quarter. Expenses rose by 6.03 % compared to the previous year, with a decrease of -14.8 % quarter-on-quarter. Operating Profit surged by 13.79 % annually, and saw a 412.98 % increase from the last quarter.
Net Profit showed yearly decrease of -65.04 %, and experienced a 1.68 % increase from the previous quarter. Earnings Per Share (EPS) fell by -64.94 % annually, however rose by 1.76 % compared to the last quarter. In essence, while Caprihans India Ltd., 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.
[my_shortcode1]
