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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 33.74 % in the past year, decrease in net sales/revenue by -3.7 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -66.67 %, Marginal decrease of -94.78% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for D & H India Limited. Notable increase of 27.58 % in net profit Year to Year, D & H India Limited’s profitability increased by 43.56 % in this quarter.
- EPS over the Year and quarter: EPS increased by 27.16 % Year to Year. EPS increased by 45.07 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 33.249 Cr | Rs. 46.176 Cr | Rs. 44.468 Cr | -3.7 % | + 33.74 % |
Expenses | Rs. 31.41 Cr | Rs. 43.34 Cr | Rs. 41.7 Cr | -3.78 % | + 32.76 % |
Operating Profit | Rs. 1.84 Cr | Rs. 2.84 Cr | Rs. 2.77 Cr | -2.46 % | + 50.54 % |
OPM % | 5.53 % | 6.15 % | 6.23 % | + 0.08 % | + 0.7 % |
Other Income | Rs. 0.018 Cr | Rs. 0.115 Cr | Rs. 0.006 Cr | -94.78 % | -66.67 % |
Interest | Rs. 0.69 Cr | Rs. 0.78 Cr | Rs. 1.01 Cr | + 29.49 % | + 46.38 % |
Depreciation | Rs. 0.47 Cr | Rs. 0.63 Cr | Rs. 0.68 Cr | + 7.94 % | + 44.68 % |
Profit before tax | Rs. 0.7 Cr | Rs. 1.55 Cr | Rs. 1.09 Cr | -29.68 % | + 55.71 % |
Tax % | 11.95 % | 64.27 % | 27.43 % | -36.84 % | + 15.48 % |
Net Profit | Rs. 0.62 Cr | Rs. 0.55 Cr | Rs. 0.79 Cr | + 43.64 % | + 27.42 % |
EPS in Rs | Rs. 0.79 | Rs. 0.71 | Rs. 1.03 | + 45.07 % | + 30.38 % |
Today, we’re looking at D & H India 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 33.74 %. However, it did see a marginal slip of -3.7 % from the previous quarter. Expenses decreased slightly by -3.78 % quarter-on-quarter, aligning with the annual rise of 32.76 %. Operating profit, while up 50.54 % compared to last year, faced a quarter-on-quarter dip of -2.46 %, 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 0.7 %, but an expansion of 0.08 % sequentially. Other income fell by -94.78 % compared to the last quarter, despite an annual decline of -66.67 %. Interest expenses surged remarkably by 29.49 % from the previous quarter, yet the year-over-year increase remains at a moderate 46.38 %. Depreciation costs climbed by 7.94 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 44.68 %. Profit before tax grew annually by 55.71 % but saw a reduction from the preceding quarter by -29.68 %.
Tax expenses as a percentage of profits increased slightly by 15.48 % compared to last year, with a more notable quarter-on-quarter decrease of -36.84 %. Net profit rose by 27.42 % year-on-year but experienced a 43.64 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 30.38 % but a quarterly rise of 45.07 %. In summary, D & H India 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. 33.249 Cr | Rs. 46.176 Cr | Rs. 44.468 Cr | -3.7 % | + 33.74 % |
Expenses | Rs. 31.41 Cr | Rs. 43.34 Cr | Rs. 41.7 Cr | -3.78 % | + 32.76 % |
Operating Profit | Rs. 1.84 Cr | Rs. 2.84 Cr | Rs. 2.77 Cr | -2.46 % | + 50.54 % |
Net Profit | Rs. 0.62 Cr | Rs. 0.55 Cr | Rs. 0.79 Cr | + 43.64 % | + 27.42 % |
EPS in Rs | Rs. 0.79 | Rs. 0.71 | Rs. 1.03 | + 45.07 % | + 30.38 % |
In reviewing D & H India Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 33.74 % year-on-year growth, although there was a slight dip of -3.7 % from the previous quarter. Expenses rose by 32.76 % compared to the previous year, with a decrease of -3.78 % quarter-on-quarter. Operating Profit surged by 50.54 % annually, and saw a -2.46 % decrease from the last quarter.
Net Profit showed yearly increase of 27.42 %, and experienced a 43.64 % increase from the previous quarter. Earnings Per Share (EPS) rose by 30.38 % annually, however rose by 45.07 % compared to the last quarter. In essence, while D & H India 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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