Share the post "Caprolactam Chemicals ‘s Q1 Report: Profit Decreases by 190% YoY"
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 -45.49 % over the year, decrease in net sales/revenue by -21.78 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -99.32 %, Marginal decrease of -96.55% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Caprolactam Chemicals ltd.. Profit dropped by -188.96 % Year to Year, Caprolactam Chemicals ltd.’s profitability dropped by -327.35 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -189.23 % Year to Year. EPS decreased by -323.08 % 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. 2.062 Cr | Rs. 1.437 Cr | Rs. 1.124 Cr | -21.78 % | -45.49 % |
| Expenses | Rs. 1.29 Cr | Rs. 0.77 Cr | Rs. 0.88 Cr | + 14.29 % | -31.78 % |
| Operating Profit | Rs. 0.77 Cr | Rs. 0.67 Cr | Rs. 0.24 Cr | -64.18 % | -68.83 % |
| OPM % | 37.34 % | 46.62 % | 21.35 % | -25.27 % | -15.99 % |
| Other Income | Rs. 0.147 Cr | Rs. 0.029 Cr | Rs. 0.001 Cr | -96.55 % | -99.32 % |
| Interest | Rs. 0.14 Cr | Rs. 0.12 Cr | Rs. 0.14 Cr | + 16.67 % | + 0 % |
| Depreciation | Rs. 0.37 Cr | Rs. 0.42 Cr | Rs. 0.38 Cr | -9.52 % | + 2.7 % |
| Profit before tax | Rs. 0.41 Cr | Rs. 0.16 Cr | Rs. -0.28 Cr | -275 % | -168.29 % |
| Tax % | 25.62 % | 29.09 % | -0.75 % | -29.84 % | -26.37 % |
| Net Profit | Rs. 0.3 Cr | Rs. 0.12 Cr | Rs. -0.27 Cr | -325 % | -190 % |
| EPS in Rs | Rs. 0.65 | Rs. 0.26 | Rs. -0.58 | -323.08 % | -189.23 % |
Today, we’re looking at Caprolactam Chemicals 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 -45.49 %. However, it did see a marginal slip of -21.78 % from the previous quarter. Expenses ticked up slightly by 14.29 % quarter-on-quarter, aligning with the annual decline of -31.78 %. Operating profit, while down -68.83 % compared to last year, faced a quarter-on-quarter dip of -64.18 %, 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 -15.99 %, but a shrinkage of -25.27 % sequentially. Other income fell by -96.55 % compared to the last quarter, despite an annual decline of -99.32 %. Interest expenses surged remarkably by 16.67 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs fell by -9.52 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 2.7 %. Profit before tax declined annually by -168.29 % but saw a reduction from the preceding quarter by -275 %.
Tax expenses as a percentage of profits decreased slightly by -26.37 % compared to last year, with a more notable quarter-on-quarter decrease of -29.84 %. Net profit fell by -190 % year-on-year but witnessed a -325 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -189.23 % but a quarterly fall of -323.08 %. In summary, Caprolactam Chemicals 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. 2.062 Cr | Rs. 1.437 Cr | Rs. 1.124 Cr | -21.78 % | -45.49 % |
| Expenses | Rs. 1.29 Cr | Rs. 0.77 Cr | Rs. 0.88 Cr | + 14.29 % | -31.78 % |
| Operating Profit | Rs. 0.77 Cr | Rs. 0.67 Cr | Rs. 0.24 Cr | -64.18 % | -68.83 % |
| Net Profit | Rs. 0.3 Cr | Rs. 0.12 Cr | Rs. -0.27 Cr | -325 % | -190 % |
| EPS in Rs | Rs. 0.65 | Rs. 0.26 | Rs. -0.58 | -323.08 % | -189.23 % |
In reviewing Caprolactam Chemicals ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -45.49 % year-on-year, although there was a slight dip of -21.78 % from the previous quarter. Expenses decreased by -31.78 % compared to the previous year, with a 14.29 % increase quarter-on-quarter. Operating Profit dropped by -68.83 % annually, and saw a -64.18 % decrease from the last quarter.
Net Profit showed yearly decrease of -190 %, and experienced a -325 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -189.23 % annually, however dipped by -323.08 % compared to the last quarter. In essence, while Caprolactam Chemicals ltd. faces strong annual decline 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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