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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 -30.07 % over the year, decrease in net sales/revenue by -33.59 %.
- 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 277.83 %. Marginal increase in other income during this quarter, up by 31.08%.
- Profit over the Year and quarter: Challenges in sustaining profitability for DIVYASHAKTI LIMITED. Profit dropped by -20.32 % Year to Year, DIVYASHAKTI LIMITED’s profitability dropped by -47.89 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -60.00 % Year to Year. EPS decreased by -47.83 % 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. 15.34 Cr | Rs. 16.155 Cr | Rs. 10.728 Cr | -33.59 % | -30.07 % |
Expenses | Rs. 14.51 Cr | Rs. 15.68 Cr | Rs. 10.6 Cr | -32.4 % | -26.95 % |
Operating Profit | Rs. 0.83 Cr | Rs. 0.48 Cr | Rs. 0.13 Cr | -72.92 % | -84.34 % |
OPM % | 5.41 % | 2.97 % | 1.21 % | -1.76 % | -4.2 % |
Other Income | Rs. 0.221 Cr | Rs. 0.637 Cr | Rs. 0.835 Cr | + 31.08 % | + 277.83 % |
Interest | Rs. 0.02 Cr | Rs. 0.05 Cr | Rs. 0.06 Cr | + 20 % | + 200 % |
Depreciation | Rs. 0.61 Cr | Rs. 0.6 Cr | Rs. 0.61 Cr | + 1.67 % | + 0 % |
Profit before tax | Rs. 0.42 Cr | Rs. 0.47 Cr | Rs. 0.3 Cr | -36.17 % | -28.57 % |
Tax % | 27.23 % | 1.93 % | 17.39 % | + 15.46 % | -9.84 % |
Net Profit | Rs. 0.31 Cr | Rs. 0.47 Cr | Rs. 0.25 Cr | -46.81 % | -19.35 % |
EPS in Rs | Rs. 0.6 | Rs. 0.46 | Rs. 0.24 | -47.83 % | -60 % |
Today, we’re looking at DIVYASHAKTI LIMITED’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -30.07 %. However, it did see a marginal slip of -33.59 % from the previous quarter. Expenses decreased slightly by -32.4 % quarter-on-quarter, aligning with the annual decline of -26.95 %. Operating profit, while down -84.34 % compared to last year, faced a quarter-on-quarter dip of -72.92 %, 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 -4.2 %, but a shrinkage of -1.76 % sequentially. Other income rose by 31.08 % compared to the last quarter, despite an annual growth of 277.83 %. Interest expenses surged remarkably by 20 % from the previous quarter, yet the year-over-year increase remains at a moderate 200 %. Depreciation costs climbed by 1.67 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -28.57 % but saw a reduction from the preceding quarter by -36.17 %.
Tax expenses as a percentage of profits decreased slightly by -9.84 % compared to last year, with a more notable quarter-on-quarter increase of 15.46 %. Net profit fell by -19.35 % year-on-year but witnessed a -46.81 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -60 % but a quarterly fall of -47.83 %. In summary, DIVYASHAKTI 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. 15.34 Cr | Rs. 16.155 Cr | Rs. 10.728 Cr | -33.59 % | -30.07 % |
Expenses | Rs. 14.51 Cr | Rs. 15.68 Cr | Rs. 10.6 Cr | -32.4 % | -26.95 % |
Operating Profit | Rs. 0.83 Cr | Rs. 0.48 Cr | Rs. 0.13 Cr | -72.92 % | -84.34 % |
Net Profit | Rs. 0.31 Cr | Rs. 0.47 Cr | Rs. 0.25 Cr | -46.81 % | -19.35 % |
EPS in Rs | Rs. 0.6 | Rs. 0.46 | Rs. 0.24 | -47.83 % | -60 % |
In reviewing DIVYASHAKTI LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -30.07 % year-on-year, although there was a slight dip of -33.59 % from the previous quarter. Expenses decreased by -26.95 % compared to the previous year, with a decrease of -32.4 % quarter-on-quarter. Operating Profit dropped by -84.34 % annually, and saw a -72.92 % decrease from the last quarter.
Net Profit showed yearly decrease of -19.35 %, and experienced a -46.81 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -60 % annually, however dipped by -47.83 % compared to the last quarter. In essence, while DIVYASHAKTI 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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