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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 -35.02 % over the year, decrease in net sales/revenue by -35.95 %.
- Profit over the Year and quarter: Challenges in sustaining profitability for Chemiesynth (Vapi) Limited. Profit dropped by -51.97 % Year to Year, Chemiesynth (Vapi) Limited’s profitability increased by 21.39 % in this quarter.
- EPS over the Year and quarter: EPS declined by -52.41 % Year to Year. EPS increased by 19.7 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 4.389 Cr | Rs. 4.453 Cr | Rs. 2.852 Cr | -35.95 % | -35.02 % |
Expenses | Rs. 4.48 Cr | Rs. 4.1 Cr | Rs. 2.67 Cr | -34.88 % | -40.4 % |
Operating Profit | Rs. -0.09 Cr | Rs. 0.35 Cr | Rs. 0.18 Cr | -48.57 % | + 300 % |
OPM % | -2.05 % | 7.86 % | 6.31 % | -1.55 % | + 8.36 % |
Other Income | Rs. 0 Cr | Rs. 0.007 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0.12 Cr | Rs. 0.26 Cr | Rs. 0.09 Cr | -65.38 % | -25 % |
Depreciation | Rs. 0.3 Cr | Rs. 0.36 Cr | Rs. 0.34 Cr | -5.56 % | + 13.33 % |
Profit before tax | Rs. -0.51 Cr | Rs. -0.26 Cr | Rs. -0.25 Cr | + 3.85 % | + 50.98 % |
Tax % | -0 % | -23.86 % | -0 % | + 23.86 % | 0 % |
Net Profit | Rs. -0.51 Cr | Rs. -0.2 Cr | Rs. -0.24 Cr | -20 % | + 52.94 % |
EPS in Rs | Rs. -1.66 | Rs. -0.66 | Rs. -0.79 | -19.7 % | + 52.41 % |
Today, we’re looking at Chemiesynth (Vapi) Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -35.02 %. However, it did see a marginal slip of -35.95 % from the previous quarter. Expenses decreased slightly by -34.88 % quarter-on-quarter, aligning with the annual decline of -40.4 %. Operating profit, while up 300 % compared to last year, faced a quarter-on-quarter dip of -48.57 %, 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 8.36 %, but a shrinkage of -1.55 % sequentially. Interest expenses dropped significantly by -65.38 % from the previous quarter, yet the year-over-year decrease remains at a moderate -25 %. Depreciation costs fell by -5.56 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 13.33 %. Profit before tax grew annually by 50.98 % but saw an increase from the preceding quarter by 3.85 %.
with a more notable quarter-on-quarter increase of 23.86 %. Net profit rose by 52.94 % year-on-year but witnessed a -20 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 52.41 % but a quarterly fall of -19.7 %. In summary, Chemiesynth (Vapi) 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. 4.389 Cr | Rs. 4.453 Cr | Rs. 2.852 Cr | -35.95 % | -35.02 % |
Expenses | Rs. 4.48 Cr | Rs. 4.1 Cr | Rs. 2.67 Cr | -34.88 % | -40.4 % |
Operating Profit | Rs. -0.09 Cr | Rs. 0.35 Cr | Rs. 0.18 Cr | -48.57 % | + 300 % |
Net Profit | Rs. -0.51 Cr | Rs. -0.2 Cr | Rs. -0.24 Cr | -20 % | + 52.94 % |
EPS in Rs | Rs. -1.66 | Rs. -0.66 | Rs. -0.79 | -19.7 % | + 52.41 % |
In reviewing Chemiesynth (Vapi) Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -35.02 % year-on-year, although there was a slight dip of -35.95 % from the previous quarter. Expenses decreased by -40.4 % compared to the previous year, with a decrease of -34.88 % quarter-on-quarter. Operating Profit surged by 300 % annually, and saw a -48.57 % decrease from the last quarter.
Net Profit showed yearly increase of 52.94 %, and experienced a -20 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 52.41 % annually, however dipped by -19.7 % compared to the last quarter. In essence, while Chemiesynth (Vapi) 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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