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Highlights
- Sales over the Year and quarter:
- 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 435.48 %. Marginal increase in other income during this quarter, up by 331.17%.
- Profit over the Year and quarter: Significant improvement in profitability for Ceenik Exports (india) Ltd.. Notable increase of 82650 % in net profit Year to Year, Ceenik Exports (india) Ltd.’s profitability dropped by -252.25 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -12,450.00 % Year to Year. EPS decreased by -252.47 % 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. 7.92 Cr | Rs. 6.288 Cr | Rs. 9.286 Cr | + 47.68 % | + 17.25 % |
Expenses | Rs. 0.09 Cr | Rs. 1.32 Cr | Rs. 1.03 Cr | -21.97 % | + 1044.44 % |
Operating Profit | Rs. 7.83 Cr | Rs. 4.97 Cr | Rs. 8.26 Cr | + 66.2 % | + 5.49 % |
OPM % | 98.86 % | 79.04 % | 88.95 % | + 9.91 % | -9.91 % |
Other Income | Rs. 0.62 Cr | Rs. 0.77 Cr | Rs. 3.32 Cr | + 331.17 % | + 435.48 % |
Interest | Rs. 0.39 Cr | Rs. 0.49 Cr | Rs. 0.3 Cr | -38.78 % | -23.08 % |
Depreciation | Rs. 0.07 Cr | Rs. 0.05 Cr | Rs. 0.05 Cr | + 0 % | -28.57 % |
Profit before tax | Rs. 7.99 Cr | Rs. 5.2 Cr | Rs. 11.23 Cr | + 115.96 % | + 40.55 % |
Tax % | 97.14 % | -0 % | 14.29 % | + 14.29 % | -82.85 % |
Net Profit | Rs. 0 Cr | Rs. -1.09 Cr | Rs. 1.66 Cr | + 252.29 % | + 0 % |
EPS in Rs | Rs. -0.04 | Rs. -3.24 | Rs. 4.94 | + 252.47 % | + 12450 % |
Today, we’re looking at Ceenik Exports (india) Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 17.25 %. However, it did see a marginal increase of 47.68 % from the previous quarter. Expenses decreased slightly by -21.97 % quarter-on-quarter, aligning with the annual rise of 1044.44 %. Operating profit, while up 5.49 % compared to last year, faced a quarter-on-quarter increase of 66.2 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -9.91 %, but an expansion of 9.91 % sequentially. Other income rose by 331.17 % compared to the last quarter, despite an annual growth of 435.48 %. Interest expenses dropped significantly by -38.78 % from the previous quarter, yet the year-over-year decrease remains at a moderate -23.08 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -28.57 %. Profit before tax grew annually by 40.55 % but saw an increase from the preceding quarter by 115.96 %.
Tax expenses as a percentage of profits decreased slightly by -82.85 % compared to last year, with a more notable quarter-on-quarter increase of 14.29 %. Net profit rose by 16 % year-on-year but experienced a 252.29 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 12450 % but a quarterly rise of 252.47 %. In summary, Ceenik Exports (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. 7.92 Cr | Rs. 6.288 Cr | Rs. 9.286 Cr | + 47.68 % | + 17.25 % |
Expenses | Rs. 0.09 Cr | Rs. 1.32 Cr | Rs. 1.03 Cr | -21.97 % | + 1044.44 % |
Operating Profit | Rs. 7.83 Cr | Rs. 4.97 Cr | Rs. 8.26 Cr | + 66.2 % | + 5.49 % |
Net Profit | Rs. 0 Cr | Rs. -1.09 Cr | Rs. 1.66 Cr | + 252.29 % | + 0 % |
EPS in Rs | Rs. -0.04 | Rs. -3.24 | Rs. 4.94 | + 252.47 % | + 12450 % |
In reviewing Ceenik Exports (india) Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 17.25 % year-on-year growth, however, there was a minor increase of 47.68 % from the previous quarter. Expenses rose by 1044.44 % compared to the previous year, with a decrease of -21.97 % quarter-on-quarter. Operating Profit surged by 5.49 % annually, and saw a 66.2 % increase from the last quarter.
Net Profit showed yearly increase of 16 %, and experienced a 252.29 % increase from the previous quarter. Earnings Per Share (EPS) rose by 12450 % annually, however rose by 252.47 % compared to the last quarter. In essence, while Ceenik Exports (india) Ltd. exhibits strong annual growth 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.