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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 experienced a substantial growth of 88.25 % in the past year, substantial increase in net sales/revenue by 51.86 %.
- 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 318.18 %. Marginal increase in other income during this quarter, up by 123.3%.
- Profit over the Year and quarter: Significant improvement in profitability for Chandni Machines Limited. Notable increase of 38.75 % in net profit Year to Year, Chandni Machines Limited’s profitability increased by 1398.46 % in this quarter.
- EPS over the Year and quarter: EPS increased by 38.53 % Year to Year. EPS increased by 1410 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 33.079 Cr | Rs. 41.007 Cr | Rs. 62.272 Cr | + 51.86 % | + 88.25 % |
Expenses | Rs. 32.14 Cr | Rs. 40.98 Cr | Rs. 61.36 Cr | + 49.73 % | + 90.91 % |
Operating Profit | Rs. 0.94 Cr | Rs. 0.03 Cr | Rs. 0.91 Cr | + 2933.33 % | -3.19 % |
OPM % | 2.84 % | 0.07 % | 1.46 % | + 1.39 % | -1.38 % |
Other Income | Rs. 0.11 Cr | Rs. 0.206 Cr | Rs. 0.46 Cr | + 123.3 % | + 318.18 % |
Interest | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | + 0 % |
Depreciation | Rs. 0.1 Cr | Rs. 0.09 Cr | Rs. 0.09 Cr | + 0 % | -10 % |
Profit before tax | Rs. 0.94 Cr | Rs. 0.14 Cr | Rs. 1.27 Cr | + 807.14 % | + 35.11 % |
Tax % | 25.56 % | 54.17 % | 23.79 % | -30.38 % | -1.77 % |
Net Profit | Rs. 0.7 Cr | Rs. 0.07 Cr | Rs. 0.97 Cr | + 1285.71 % | + 38.57 % |
EPS in Rs | Rs. 2.18 | Rs. 0.2 | Rs. 3.02 | + 1410 % | + 38.53 % |
Today, we’re looking at Chandni Machines Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 88.25 %. However, it did see a marginal increase of 51.86 % from the previous quarter. Expenses ticked up slightly by 49.73 % quarter-on-quarter, aligning with the annual rise of 90.91 %. Operating profit, while down -3.19 % compared to last year, faced a quarter-on-quarter increase of 2933.33 %, 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 -1.38 %, but an expansion of 1.39 % sequentially. Other income rose by 123.3 % compared to the last quarter, despite an annual growth of 318.18 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -10 %. Profit before tax grew annually by 35.11 % but saw an increase from the preceding quarter by 807.14 %.
Tax expenses as a percentage of profits decreased slightly by -1.77 % compared to last year, with a more notable quarter-on-quarter decrease of -30.38 %. Net profit rose by 38.57 % year-on-year but experienced a 1285.71 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 38.53 % but a quarterly rise of 1410 %. In summary, Chandni Machines 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. 33.079 Cr | Rs. 41.007 Cr | Rs. 62.272 Cr | + 51.86 % | + 88.25 % |
Expenses | Rs. 32.14 Cr | Rs. 40.98 Cr | Rs. 61.36 Cr | + 49.73 % | + 90.91 % |
Operating Profit | Rs. 0.94 Cr | Rs. 0.03 Cr | Rs. 0.91 Cr | + 2933.33 % | -3.19 % |
Net Profit | Rs. 0.7 Cr | Rs. 0.07 Cr | Rs. 0.97 Cr | + 1285.71 % | + 38.57 % |
EPS in Rs | Rs. 2.18 | Rs. 0.2 | Rs. 3.02 | + 1410 % | + 38.53 % |
In reviewing Chandni Machines Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 88.25 % year-on-year growth, however, there was a minor increase of 51.86 % from the previous quarter. Expenses rose by 90.91 % compared to the previous year, with a 49.73 % increase quarter-on-quarter. Operating Profit dropped by -3.19 % annually, and saw a 2933.33 % increase from the last quarter.
Net Profit showed yearly increase of 38.57 %, and experienced a 1285.71 % increase from the previous quarter. Earnings Per Share (EPS) rose by 38.53 % annually, however rose by 1410 % compared to the last quarter. In essence, while Chandni Machines Limited 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.
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