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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 64.91 % in the past year, substantial increase in net sales/revenue by 44.03 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -72.7 %, Marginal decrease of -43.96% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for CNI Research Ltd. Profit dropped by -64.67 % Year to Year, CNI Research Ltd’s profitability dropped by -18.05 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -60.00 % Year to Year. EPS increased by 0 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 2.428 Cr | Rs. 2.78 Cr | Rs. 4.004 Cr | + 44.03 % | + 64.91 % |
Expenses | Rs. 2.47 Cr | Rs. 2.82 Cr | Rs. 3.97 Cr | + 40.78 % | + 60.73 % |
Operating Profit | Rs. -0.04 Cr | Rs. -0.04 Cr | Rs. 0.03 Cr | + 175 % | + 175 % |
OPM % | -1.65 % | -1.44 % | 0.75 % | + 2.19 % | + 2.4 % |
Other Income | Rs. 0.663 Cr | Rs. 0.323 Cr | Rs. 0.181 Cr | -43.96 % | -72.7 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. 0.62 Cr | Rs. 0.28 Cr | Rs. 0.21 Cr | -25 % | -66.13 % |
Tax % | 0 % | 5.34 % | 0 % | -5.34 % | 0 % |
Net Profit | Rs. 0.62 Cr | Rs. 0.27 Cr | Rs. 0.22 Cr | -18.52 % | -64.52 % |
EPS in Rs | Rs. 0.05 | Rs. 0.02 | Rs. 0.02 | + 0 % | -60 % |
Today, we’re looking at CNI Research Ltd’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 64.91 %. However, it did see a marginal increase of 44.03 % from the previous quarter. Expenses ticked up slightly by 40.78 % quarter-on-quarter, aligning with the annual rise of 60.73 %. Operating profit, while up 175 % compared to last year, faced a quarter-on-quarter increase of 175 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2.4 %, but an expansion of 2.19 % sequentially. Other income fell by -43.96 % compared to the last quarter, despite an annual decline of -72.7 %. Profit before tax declined annually by -66.13 % but saw a reduction from the preceding quarter by -25 %.
with a more notable quarter-on-quarter decrease of -5.34 %. Net profit fell by -64.52 % year-on-year but witnessed a -18.52 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -60 % but a quarterly rise of 0 %. In summary, CNI Research 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. 2.428 Cr | Rs. 2.78 Cr | Rs. 4.004 Cr | + 44.03 % | + 64.91 % |
Expenses | Rs. 2.47 Cr | Rs. 2.82 Cr | Rs. 3.97 Cr | + 40.78 % | + 60.73 % |
Operating Profit | Rs. -0.04 Cr | Rs. -0.04 Cr | Rs. 0.03 Cr | + 175 % | + 175 % |
Net Profit | Rs. 0.62 Cr | Rs. 0.27 Cr | Rs. 0.22 Cr | -18.52 % | -64.52 % |
EPS in Rs | Rs. 0.05 | Rs. 0.02 | Rs. 0.02 | + 0 % | -60 % |
In reviewing CNI Research Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 64.91 % year-on-year growth, however, there was a minor increase of 44.03 % from the previous quarter. Expenses rose by 60.73 % compared to the previous year, with a 40.78 % increase quarter-on-quarter. Operating Profit surged by 175 % annually, and saw a 175 % increase from the last quarter.
Net Profit showed yearly decrease of -64.52 %, and experienced a -18.52 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -60 % annually, however rose by 0 % compared to the last quarter. In essence, while CNI Research 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.