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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 6.82 % in the past year, substantial increase in net sales/revenue by 114.56 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -83.43 %, Marginal decrease of -90.37% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Dhunseri Tea & Industries Ltd. Profit dropped by -68.85 % Year to Year, Dhunseri Tea & Industries Ltd’s profitability dropped by -96.46 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -68.96 % Year to Year. EPS decreased by -96.48 % 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. 91.666 Cr | Rs. 45.639 Cr | Rs. 97.921 Cr | + 114.56 % | + 6.82 % |
Expenses | Rs. 98.01 Cr | Rs. 149.94 Cr | Rs. 91.28 Cr | -39.12 % | -6.87 % |
Operating Profit | Rs. -6.34 Cr | Rs. -104.3 Cr | Rs. 6.64 Cr | + 106.37 % | + 204.73 % |
OPM % | -6.92 % | -228.53 % | 6.78 % | + 235.31 % | + 13.7 % |
Other Income | Rs. 4.543 Cr | Rs. 7.819 Cr | Rs. 0.753 Cr | -90.37 % | -83.43 % |
Interest | Rs. 3.43 Cr | Rs. 4.57 Cr | Rs. 5.09 Cr | + 11.38 % | + 48.4 % |
Depreciation | Rs. 6.04 Cr | Rs. 4.54 Cr | Rs. 5.23 Cr | + 15.2 % | -13.41 % |
Profit before tax | Rs. -11.27 Cr | Rs. -105.59 Cr | Rs. -2.93 Cr | + 97.23 % | + 74 % |
Tax % | -15.9 % | -20.95 % | -1.1 % | + 19.85 % | + 14.8 % |
Net Profit | Rs. -9.48 Cr | Rs. -83.47 Cr | Rs. -2.95 Cr | + 96.47 % | + 68.88 % |
EPS in Rs | Rs. -9.02 | Rs. -79.44 | Rs. -2.8 | + 96.48 % | + 68.96 % |
Today, we’re looking at Dhunseri Tea & Industries Ltd’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 6.82 %. However, it did see a marginal increase of 114.56 % from the previous quarter. Expenses decreased slightly by -39.12 % quarter-on-quarter, aligning with the annual decline of -6.87 %. Operating profit, while up 204.73 % compared to last year, faced a quarter-on-quarter increase of 106.37 %, 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 13.7 %, but an expansion of 235.31 % sequentially. Other income fell by -90.37 % compared to the last quarter, despite an annual decline of -83.43 %. Interest expenses surged remarkably by 11.38 % from the previous quarter, yet the year-over-year increase remains at a moderate 48.4 %. Depreciation costs climbed by 15.2 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -13.41 %. Profit before tax grew annually by 74 % but saw an increase from the preceding quarter by 97.23 %.
Tax expenses as a percentage of profits increased slightly by 14.8 % compared to last year, with a more notable quarter-on-quarter increase of 19.85 %. Net profit rose by 68.88 % year-on-year but experienced a 96.47 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 68.96 % but a quarterly rise of 96.48 %. In summary, Dhunseri Tea & Industries 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. 91.666 Cr | Rs. 45.639 Cr | Rs. 97.921 Cr | + 114.56 % | + 6.82 % |
Expenses | Rs. 98.01 Cr | Rs. 149.94 Cr | Rs. 91.28 Cr | -39.12 % | -6.87 % |
Operating Profit | Rs. -6.34 Cr | Rs. -104.3 Cr | Rs. 6.64 Cr | + 106.37 % | + 204.73 % |
Net Profit | Rs. -9.48 Cr | Rs. -83.47 Cr | Rs. -2.95 Cr | + 96.47 % | + 68.88 % |
EPS in Rs | Rs. -9.02 | Rs. -79.44 | Rs. -2.8 | + 96.48 % | + 68.96 % |
In reviewing Dhunseri Tea & Industries Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 6.82 % year-on-year growth, however, there was a minor increase of 114.56 % from the previous quarter. Expenses decreased by -6.87 % compared to the previous year, with a decrease of -39.12 % quarter-on-quarter. Operating Profit surged by 204.73 % annually, and saw a 106.37 % increase from the last quarter.
Net Profit showed yearly increase of 68.88 %, and experienced a 96.47 % increase from the previous quarter. Earnings Per Share (EPS) rose by 68.96 % annually, however rose by 96.48 % compared to the last quarter. In essence, while Dhunseri Tea & Industries 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.