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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 -1.57 % over the year, substantial increase in net sales/revenue by 14.62 %.
- 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 192 %. Marginal decrease of -71.65% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Deco-Mica Ltd.. Profit dropped by -88.83 % Year to Year, Deco-Mica Ltd.’s profitability dropped by -36.63 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -89.05 % Year to Year. EPS decreased by -37.5 % 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. 18.428 Cr | Rs. 15.824 Cr | Rs. 18.138 Cr | + 14.62 % | -1.57 % |
| Expenses | Rs. 16.86 Cr | Rs. 15.34 Cr | Rs. 17.14 Cr | + 11.73 % | + 1.66 % |
| Operating Profit | Rs. 1.57 Cr | Rs. 0.48 Cr | Rs. 1 Cr | + 108.33 % | -36.31 % |
| OPM % | 8.52 % | 3.03 % | 5.51 % | + 2.48 % | -3.01 % |
| Other Income | Rs. 0.05 Cr | Rs. 0.515 Cr | Rs. 0.146 Cr | -71.65 % | + 192 % |
| Interest | Rs. 0.54 Cr | Rs. 0.54 Cr | Rs. 0.58 Cr | + 7.41 % | + 7.41 % |
| Depreciation | Rs. 0.28 Cr | Rs. 0.29 Cr | Rs. 0.48 Cr | + 65.52 % | + 71.43 % |
| Profit before tax | Rs. 0.8 Cr | Rs. 0.17 Cr | Rs. 0.09 Cr | -47.06 % | -88.75 % |
| Tax % | 28.46 % | 39.16 % | 24.71 % | -14.45 % | -3.75 % |
| Net Profit | Rs. 0.57 Cr | Rs. 0.1 Cr | Rs. 0.06 Cr | -40 % | -89.47 % |
| EPS in Rs | Rs. 1.37 | Rs. 0.24 | Rs. 0.15 | -37.5 % | -89.05 % |
Today, we’re looking at Deco-Mica Ltd.’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -1.57 %. However, it did see a marginal increase of 14.62 % from the previous quarter. Expenses ticked up slightly by 11.73 % quarter-on-quarter, aligning with the annual rise of 1.66 %. Operating profit, while down -36.31 % compared to last year, faced a quarter-on-quarter increase of 108.33 %, 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 -3.01 %, but an expansion of 2.48 % sequentially. Other income fell by -71.65 % compared to the last quarter, despite an annual growth of 192 %. Interest expenses surged remarkably by 7.41 % from the previous quarter, yet the year-over-year increase remains at a moderate 7.41 %. Depreciation costs climbed by 65.52 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 71.43 %. Profit before tax declined annually by -88.75 % but saw a reduction from the preceding quarter by -47.06 %.
Tax expenses as a percentage of profits decreased slightly by -3.75 % compared to last year, with a more notable quarter-on-quarter decrease of -14.45 %. Net profit fell by -89.47 % year-on-year but witnessed a -40 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -89.05 % but a quarterly fall of -37.5 %. In summary, Deco-Mica 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. 18.428 Cr | Rs. 15.824 Cr | Rs. 18.138 Cr | + 14.62 % | -1.57 % |
| Expenses | Rs. 16.86 Cr | Rs. 15.34 Cr | Rs. 17.14 Cr | + 11.73 % | + 1.66 % |
| Operating Profit | Rs. 1.57 Cr | Rs. 0.48 Cr | Rs. 1 Cr | + 108.33 % | -36.31 % |
| Net Profit | Rs. 0.57 Cr | Rs. 0.1 Cr | Rs. 0.06 Cr | -40 % | -89.47 % |
| EPS in Rs | Rs. 1.37 | Rs. 0.24 | Rs. 0.15 | -37.5 % | -89.05 % |
In reviewing Deco-Mica Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -1.57 % year-on-year, however, there was a minor increase of 14.62 % from the previous quarter. Expenses rose by 1.66 % compared to the previous year, with a 11.73 % increase quarter-on-quarter. Operating Profit dropped by -36.31 % annually, and saw a 108.33 % increase from the last quarter.
Net Profit showed yearly decrease of -89.47 %, and experienced a -40 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -89.05 % annually, however dipped by -37.5 % compared to the last quarter. In essence, while Deco-Mica Ltd. faces strong annual decline 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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