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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.
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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