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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 -46.89 % over the year, decrease in net sales/revenue by -20.95 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -17.14 %, Marginal increase in other income during this quarter, up by 261.87%.
- Profit over the Year and quarter: Challenges in sustaining profitability for D.P. WIRES LIMITED. Profit dropped by -33.52 % Year to Year, D.P. WIRES LIMITED’s profitability dropped by -16.19 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -41.77 % Year to Year. EPS decreased by -16.16 % 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. 272.789 Cr | Rs. 183.262 Cr | Rs. 144.877 Cr | -20.95 % | -46.89 % |
| Expenses | Rs. 262.69 Cr | Rs. 173.31 Cr | Rs. 139.12 Cr | -19.73 % | -47.04 % |
| Operating Profit | Rs. 10.1 Cr | Rs. 9.95 Cr | Rs. 5.76 Cr | -42.11 % | -42.97 % |
| OPM % | 3.7 % | 5.43 % | 3.98 % | -1.45 % | + 0.28 % |
| Other Income | Rs. 3.699 Cr | Rs. 0.847 Cr | Rs. 3.065 Cr | + 261.87 % | -17.14 % |
| Interest | Rs. 0.63 Cr | Rs. 0.3 Cr | Rs. 0.15 Cr | -50 % | -76.19 % |
| Depreciation | Rs. 1.01 Cr | Rs. 0.93 Cr | Rs. 0.94 Cr | + 1.08 % | -6.93 % |
| Profit before tax | Rs. 12.16 Cr | Rs. 9.57 Cr | Rs. 7.74 Cr | -19.12 % | -36.35 % |
| Tax % | 25.49 % | 24.87 % | 22.07 % | -2.8 % | -3.42 % |
| Net Profit | Rs. 9.06 Cr | Rs. 7.19 Cr | Rs. 6.02 Cr | -16.27 % | -33.55 % |
| EPS in Rs | Rs. 6.68 | Rs. 4.64 | Rs. 3.89 | -16.16 % | -41.77 % |
Today, we’re looking at D.P. WIRES 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 -46.89 %. However, it did see a marginal slip of -20.95 % from the previous quarter. Expenses decreased slightly by -19.73 % quarter-on-quarter, aligning with the annual decline of -47.04 %. Operating profit, while down -42.97 % compared to last year, faced a quarter-on-quarter dip of -42.11 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.28 %, but a shrinkage of -1.45 % sequentially. Other income rose by 261.87 % compared to the last quarter, despite an annual decline of -17.14 %. Interest expenses dropped significantly by -50 % from the previous quarter, yet the year-over-year decrease remains at a moderate -76.19 %. Depreciation costs climbed by 1.08 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -6.93 %. Profit before tax declined annually by -36.35 % but saw a reduction from the preceding quarter by -19.12 %.
Tax expenses as a percentage of profits decreased slightly by -3.42 % compared to last year, with a more notable quarter-on-quarter decrease of -2.8 %. Net profit fell by -33.55 % year-on-year but witnessed a -16.27 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -41.77 % but a quarterly fall of -16.16 %. In summary, D.P. WIRES 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. 272.789 Cr | Rs. 183.262 Cr | Rs. 144.877 Cr | -20.95 % | -46.89 % |
| Expenses | Rs. 262.69 Cr | Rs. 173.31 Cr | Rs. 139.12 Cr | -19.73 % | -47.04 % |
| Operating Profit | Rs. 10.1 Cr | Rs. 9.95 Cr | Rs. 5.76 Cr | -42.11 % | -42.97 % |
| Net Profit | Rs. 9.06 Cr | Rs. 7.19 Cr | Rs. 6.02 Cr | -16.27 % | -33.55 % |
| EPS in Rs | Rs. 6.68 | Rs. 4.64 | Rs. 3.89 | -16.16 % | -41.77 % |
In reviewing D.P. WIRES LIMITED’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -46.89 % year-on-year, although there was a slight dip of -20.95 % from the previous quarter. Expenses decreased by -47.04 % compared to the previous year, with a decrease of -19.73 % quarter-on-quarter. Operating Profit dropped by -42.97 % annually, and saw a -42.11 % decrease from the last quarter.
Net Profit showed yearly decrease of -33.55 %, and experienced a -16.27 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -41.77 % annually, however dipped by -16.16 % compared to the last quarter. In essence, while D.P. WIRES LIMITED exhibits strong annual growth 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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