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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 -8.08 % over the year, decrease in net sales/revenue by -12.79 %.
- 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 300 %. Marginal decrease of -91.3% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Dolfin Rubbers Limited. Profit dropped by -28.73 % Year to Year, Dolfin Rubbers Limited’s profitability dropped by -43.22 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -28.77 % Year to Year. EPS decreased by -43.17 % 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. 36.661 Cr | Rs. 38.637 Cr | Rs. 33.697 Cr | -12.79 % | -8.08 % |
Expenses | Rs. 33.99 Cr | Rs. 35.68 Cr | Rs. 31.72 Cr | -11.1 % | -6.68 % |
Operating Profit | Rs. 2.67 Cr | Rs. 2.96 Cr | Rs. 1.98 Cr | -33.11 % | -25.84 % |
OPM % | 7.28 % | 7.66 % | 5.88 % | -1.78 % | -1.4 % |
Other Income | Rs. 0.002 Cr | Rs. 0.092 Cr | Rs. 0.008 Cr | -91.3 % | + 300 % |
Interest | Rs. 0.3 Cr | Rs. 0.27 Cr | Rs. 0.15 Cr | -44.44 % | -50 % |
Depreciation | Rs. 0.37 Cr | Rs. 0.36 Cr | Rs. 0.5 Cr | + 38.89 % | + 35.14 % |
Profit before tax | Rs. 2 Cr | Rs. 2.42 Cr | Rs. 1.34 Cr | -44.63 % | -33 % |
Tax % | 27.23 % | 24.17 % | 17.47 % | -6.7 % | -9.76 % |
Net Profit | Rs. 1.46 Cr | Rs. 1.84 Cr | Rs. 1.04 Cr | -43.48 % | -28.77 % |
EPS in Rs | Rs. 1.46 | Rs. 1.83 | Rs. 1.04 | -43.17 % | -28.77 % |
Today, we’re looking at Dolfin Rubbers Limited’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 -8.08 %. However, it did see a marginal slip of -12.79 % from the previous quarter. Expenses decreased slightly by -11.1 % quarter-on-quarter, aligning with the annual decline of -6.68 %. Operating profit, while down -25.84 % compared to last year, faced a quarter-on-quarter dip of -33.11 %, 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 -1.4 %, but a shrinkage of -1.78 % sequentially. Other income fell by -91.3 % compared to the last quarter, despite an annual growth of 300 %. Interest expenses dropped significantly by -44.44 % from the previous quarter, yet the year-over-year decrease remains at a moderate -50 %. Depreciation costs climbed by 38.89 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 35.14 %. Profit before tax declined annually by -33 % but saw a reduction from the preceding quarter by -44.63 %.
Tax expenses as a percentage of profits decreased slightly by -9.76 % compared to last year, with a more notable quarter-on-quarter decrease of -6.7 %. Net profit fell by -28.77 % year-on-year but witnessed a -43.48 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -28.77 % but a quarterly fall of -43.17 %. In summary, Dolfin Rubbers 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. 36.661 Cr | Rs. 38.637 Cr | Rs. 33.697 Cr | -12.79 % | -8.08 % |
Expenses | Rs. 33.99 Cr | Rs. 35.68 Cr | Rs. 31.72 Cr | -11.1 % | -6.68 % |
Operating Profit | Rs. 2.67 Cr | Rs. 2.96 Cr | Rs. 1.98 Cr | -33.11 % | -25.84 % |
Net Profit | Rs. 1.46 Cr | Rs. 1.84 Cr | Rs. 1.04 Cr | -43.48 % | -28.77 % |
EPS in Rs | Rs. 1.46 | Rs. 1.83 | Rs. 1.04 | -43.17 % | -28.77 % |
In reviewing Dolfin Rubbers Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -8.08 % year-on-year, although there was a slight dip of -12.79 % from the previous quarter. Expenses decreased by -6.68 % compared to the previous year, with a decrease of -11.1 % quarter-on-quarter. Operating Profit dropped by -25.84 % annually, and saw a -33.11 % decrease from the last quarter.
Net Profit showed yearly decrease of -28.77 %, and experienced a -43.48 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -28.77 % annually, however dipped by -43.17 % compared to the last quarter. In essence, while Dolfin Rubbers 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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