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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 -8 % over the year, substantial increase in net sales/revenue by 7.24 %.
- 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 52.27 %. Marginal decrease of -37.38% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Colinz Laboratories ltd.. Notable increase of 13.22 % in net profit Year to Year, Colinz Laboratories ltd.’s profitability increased by 0.74 % in this quarter.
- EPS over the Year and quarter: EPS increased by 12.50 % 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. 1.899 Cr | Rs. 1.629 Cr | Rs. 1.747 Cr | + 7.24 % | -8 % |
Expenses | Rs. 1.75 Cr | Rs. 1.5 Cr | Rs. 1.59 Cr | + 6 % | -9.14 % |
Operating Profit | Rs. 0.15 Cr | Rs. 0.13 Cr | Rs. 0.16 Cr | + 23.08 % | + 6.67 % |
OPM % | 7.9 % | 7.98 % | 9.16 % | + 1.18 % | + 1.26 % |
Other Income | Rs. 0.044 Cr | Rs. 0.107 Cr | Rs. 0.067 Cr | -37.38 % | + 52.27 % |
Interest | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | + 0 % |
Depreciation | Rs. 0.03 Cr | Rs. 0.03 Cr | Rs. 0.03 Cr | + 0 % | + 0 % |
Profit before tax | Rs. 0.15 Cr | Rs. 0.2 Cr | Rs. 0.19 Cr | -5 % | + 26.67 % |
Tax % | 21.43 % | 28.42 % | 25.95 % | -2.47 % | + 4.52 % |
Net Profit | Rs. 0.12 Cr | Rs. 0.14 Cr | Rs. 0.14 Cr | + 0 % | + 16.67 % |
EPS in Rs | Rs. 0.48 | Rs. 0.54 | Rs. 0.54 | + 0 % | + 12.5 % |
Today, we’re looking at Colinz Laboratories ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -8 %. However, it did see a marginal increase of 7.24 % from the previous quarter. Expenses ticked up slightly by 6 % quarter-on-quarter, aligning with the annual decline of -9.14 %. Operating profit, while up 6.67 % compared to last year, faced a quarter-on-quarter increase of 23.08 %, 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 1.26 %, but an expansion of 1.18 % sequentially. Other income fell by -37.38 % compared to the last quarter, despite an annual growth of 52.27 %. 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, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 26.67 % but saw a reduction from the preceding quarter by -5 %.
Tax expenses as a percentage of profits increased slightly by 4.52 % compared to last year, with a more notable quarter-on-quarter decrease of -2.47 %. Net profit rose by 16.67 % year-on-year but experienced a 0 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 12.5 % but a quarterly rise of 0 %. In summary, Colinz Laboratories 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. 1.899 Cr | Rs. 1.629 Cr | Rs. 1.747 Cr | + 7.24 % | -8 % |
Expenses | Rs. 1.75 Cr | Rs. 1.5 Cr | Rs. 1.59 Cr | + 6 % | -9.14 % |
Operating Profit | Rs. 0.15 Cr | Rs. 0.13 Cr | Rs. 0.16 Cr | + 23.08 % | + 6.67 % |
Net Profit | Rs. 0.12 Cr | Rs. 0.14 Cr | Rs. 0.14 Cr | + 0 % | + 16.67 % |
EPS in Rs | Rs. 0.48 | Rs. 0.54 | Rs. 0.54 | + 0 % | + 12.5 % |
In reviewing Colinz Laboratories ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -8 % year-on-year, however, there was a minor increase of 7.24 % from the previous quarter. Expenses decreased by -9.14 % compared to the previous year, with a 6 % increase quarter-on-quarter. Operating Profit surged by 6.67 % annually, and saw a 23.08 % increase from the last quarter.
Net Profit showed yearly increase of 16.67 %, and experienced a 0 % increase from the previous quarter. Earnings Per Share (EPS) rose by 12.5 % annually, however rose by 0 % compared to the last quarter. In essence, while Colinz Laboratories 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.
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