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Dhatre Udyog ‘s Q1 Report: Revenue Rises by 32.37% YoY

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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 32.37 % in the past year, decrease in net sales/revenue by -27.98 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -98.03 %, Marginal decrease of -99.46% in other income during this quarter.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Dhatre Udyog Limited. Profit dropped by -64.66 % Year to Year, Dhatre Udyog Limited’s profitability dropped by -80.62 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -96.72 % Year to Year. EPS decreased by -81.82 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Dhatre Udyog Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 40.349 Cr Rs. 74.154 Cr Rs. 53.409 Cr -27.98 % + 32.37 %
Expenses Rs. 38.3 Cr Rs. 72.16 Cr Rs. 52.34 Cr -27.47 % + 36.66 %
Operating Profit Rs. 2.05 Cr Rs. 1.99 Cr Rs. 1.07 Cr -46.23 % -47.8 %
OPM % 5.08 % 2.68 % 2 % -0.68 % -3.08 %
Other Income Rs. 0.862 Cr Rs. 3.151 Cr Rs. 0.017 Cr -99.46 % -98.03 %
Interest Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Depreciation Rs. 0.15 Cr Rs. 0.15 Cr Rs. 0.15 Cr + 0 % + 0 %
Profit before tax Rs. 2.76 Cr Rs. 4.99 Cr Rs. 0.94 Cr -81.16 % -65.94 %
Tax % 27.82 % 27.2 % 24.65 % -2.55 % -3.17 %
Net Profit Rs. 2 Cr Rs. 3.64 Cr Rs. 0.71 Cr -80.49 % -64.5 %
EPS in Rs Rs. 1.83 Rs. 0.33 Rs. 0.06 -81.82 % -96.72 %


Today, we’re looking at Dhatre Udyog 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 32.37 %. However, it did see a marginal slip of -27.98 % from the previous quarter. Expenses decreased slightly by -27.47 % quarter-on-quarter, aligning with the annual rise of 36.66 %. Operating profit, while down -47.8 % compared to last year, faced a quarter-on-quarter dip of -46.23 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -3.08 %, but a shrinkage of -0.68 % sequentially. Other income fell by -99.46 % compared to the last quarter, despite an annual decline of -98.03 %. 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 -65.94 % but saw a reduction from the preceding quarter by -81.16 %.
Tax expenses as a percentage of profits decreased slightly by -3.17 % compared to last year, with a more notable quarter-on-quarter decrease of -2.55 %. Net profit fell by -64.5 % year-on-year but witnessed a -80.49 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -96.72 % but a quarterly fall of -81.82 %. In summary, Dhatre Udyog 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. 40.349 Cr Rs. 74.154 Cr Rs. 53.409 Cr -27.98 % + 32.37 %
Expenses Rs. 38.3 Cr Rs. 72.16 Cr Rs. 52.34 Cr -27.47 % + 36.66 %
Operating Profit Rs. 2.05 Cr Rs. 1.99 Cr Rs. 1.07 Cr -46.23 % -47.8 %
Net Profit Rs. 2 Cr Rs. 3.64 Cr Rs. 0.71 Cr -80.49 % -64.5 %
EPS in Rs Rs. 1.83 Rs. 0.33 Rs. 0.06 -81.82 % -96.72 %


In reviewing Dhatre Udyog Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 32.37 % year-on-year growth, although there was a slight dip of -27.98 % from the previous quarter. Expenses rose by 36.66 % compared to the previous year, with a decrease of -27.47 % quarter-on-quarter. Operating Profit dropped by -47.8 % annually, and saw a -46.23 % decrease from the last quarter.
Net Profit showed yearly decrease of -64.5 %, and experienced a -80.49 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -96.72 % annually, however dipped by -81.82 % compared to the last quarter. In essence, while Dhatre Udyog Limited 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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