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Highlights
- Sales over the Year and quarter: The company’s sales declined by -46.04 % over the year, decrease in net sales/revenue by -7.41 %.
- 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 4.17 %. Marginal increase in other income during this quarter, up by 4.17%.
- Profit over the Year and quarter: Significant improvement in profitability for Choksi Imaging Ltd.. Notable increase of 627.91 % in net profit Year to Year, Choksi Imaging Ltd.’s profitability dropped by -214.65 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 627.27 % Year to Year. EPS decreased by -214.29 % 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. 0.278 Cr | Rs. 0.162 Cr | Rs. 0.15 Cr | -7.41 % | -46.04 % |
| Expenses | Rs. 0.44 Cr | Rs. 0.63 Cr | Rs. 0.56 Cr | -11.11 % | + 27.27 % |
| Operating Profit | Rs. -0.16 Cr | Rs. -0.47 Cr | Rs. -0.41 Cr | + 12.77 % | -156.25 % |
| OPM % | -57.55 % | -290.12 % | -273.33 % | + 16.79 % | -215.78 % |
| Other Income | Rs. 0.24 Cr | Rs. 0.24 Cr | Rs. 0.25 Cr | + 4.17 % | + 4.17 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.04 Cr | Rs. 0.04 Cr | Rs. 0.04 Cr | + 0 % | + 0 % |
| Profit before tax | Rs. 0.04 Cr | Rs. -0.27 Cr | Rs. -0.2 Cr | + 25.93 % | -600 % |
| Tax % | 30.3 % | -1.44 % | -258.88 % | -257.44 % | -289.18 % |
| Net Profit | Rs. 0.04 Cr | Rs. -0.27 Cr | Rs. 0.31 Cr | + 214.81 % | + 675 % |
| EPS in Rs | Rs. 0.11 | Rs. -0.7 | Rs. 0.8 | + 214.29 % | + 627.27 % |
Today, we’re looking at Choksi Imaging Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -46.04 %. However, it did see a marginal slip of -7.41 % from the previous quarter. Expenses decreased slightly by -11.11 % quarter-on-quarter, aligning with the annual rise of 27.27 %. Operating profit, while down -156.25 % compared to last year, faced a quarter-on-quarter increase of 12.77 %, 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 -215.78 %, but an expansion of 16.79 % sequentially. Other income rose by 4.17 % compared to the last quarter, despite an annual growth of 4.17 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -600 % but saw an increase from the preceding quarter by 25.93 %.
Tax expenses as a percentage of profits decreased slightly by -289.18 % compared to last year, with a more notable quarter-on-quarter decrease of -257.44 %. Net profit rose by 675 % year-on-year but experienced a 214.81 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 627.27 % but a quarterly rise of 214.29 %. In summary, Choksi Imaging 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. 0.278 Cr | Rs. 0.162 Cr | Rs. 0.15 Cr | -7.41 % | -46.04 % |
| Expenses | Rs. 0.44 Cr | Rs. 0.63 Cr | Rs. 0.56 Cr | -11.11 % | + 27.27 % |
| Operating Profit | Rs. -0.16 Cr | Rs. -0.47 Cr | Rs. -0.41 Cr | + 12.77 % | -156.25 % |
| Net Profit | Rs. 0.04 Cr | Rs. -0.27 Cr | Rs. 0.31 Cr | + 214.81 % | + 675 % |
| EPS in Rs | Rs. 0.11 | Rs. -0.7 | Rs. 0.8 | + 214.29 % | + 627.27 % |
In reviewing Choksi Imaging Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -46.04 % year-on-year, although there was a slight dip of -7.41 % from the previous quarter. Expenses rose by 27.27 % compared to the previous year, with a decrease of -11.11 % quarter-on-quarter. Operating Profit dropped by -156.25 % annually, and saw a 12.77 % increase from the last quarter.
Net Profit showed yearly increase of 675 %, and experienced a 214.81 % increase from the previous quarter. Earnings Per Share (EPS) rose by 627.27 % annually, however rose by 214.29 % compared to the last quarter. In essence, while Choksi Imaging 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.
