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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 experienced a substantial growth of 11.8 % in the past year, substantial increase in net sales/revenue by 0.42 %.
- 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 25.13 %. Marginal decrease of -5.65% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for DUROPLY INDUSTRIES LIMITED. Notable increase of 158.33 % in net profit Year to Year, DUROPLY INDUSTRIES LIMITED’s profitability dropped by -368.8 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -22.42 % Year to Year. EPS decreased by -189.51 % 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. 75.86 Cr | Rs. 84.458 Cr | Rs. 84.815 Cr | + 0.42 % | + 11.8 % |
Expenses | Rs. 71.61 Cr | Rs. 83.26 Cr | Rs. 81.05 Cr | -2.65 % | + 13.18 % |
Operating Profit | Rs. 4.25 Cr | Rs. 1.2 Cr | Rs. 3.77 Cr | + 214.17 % | -11.29 % |
OPM % | 5.6 % | 1.42 % | 4.44 % | + 3.02 % | -1.16 % |
Other Income | Rs. 0.187 Cr | Rs. 0.248 Cr | Rs. 0.234 Cr | -5.65 % | + 25.13 % |
Interest | Rs. 1.8 Cr | Rs. 2.69 Cr | Rs. 1.67 Cr | -37.92 % | -7.22 % |
Depreciation | Rs. 0.88 Cr | Rs. 1.02 Cr | Rs. 1.07 Cr | + 4.9 % | + 21.59 % |
Profit before tax | Rs. 1.76 Cr | Rs. -2.26 Cr | Rs. 1.26 Cr | + 155.75 % | -28.41 % |
Tax % | 26.85 % | -45.42 % | 163.17 % | + 208.59 % | + 136.32 % |
Net Profit | Rs. 1.28 Cr | Rs. -1.23 Cr | Rs. 3.32 Cr | + 369.92 % | + 159.38 % |
EPS in Rs | Rs. 1.6 | Rs. -1.42 | Rs. 1.16 | + 181.69 % | -27.5 % |
Today, we’re looking at DUROPLY INDUSTRIES 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 11.8 %. However, it did see a marginal increase of 0.42 % from the previous quarter. Expenses decreased slightly by -2.65 % quarter-on-quarter, aligning with the annual rise of 13.18 %. Operating profit, while down -11.29 % compared to last year, faced a quarter-on-quarter increase of 214.17 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -1.16 %, but an expansion of 3.02 % sequentially. Other income fell by -5.65 % compared to the last quarter, despite an annual growth of 25.13 %. Interest expenses dropped significantly by -37.92 % from the previous quarter, yet the year-over-year decrease remains at a moderate -7.22 %. Depreciation costs climbed by 4.9 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 21.59 %. Profit before tax declined annually by -28.41 % but saw an increase from the preceding quarter by 155.75 %.
Tax expenses as a percentage of profits increased slightly by 136.32 % compared to last year, with a more notable quarter-on-quarter increase of 208.59 %. Net profit rose by 159.38 % year-on-year but experienced a 369.92 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -27.5 % but a quarterly rise of 181.69 %. In summary, DUROPLY INDUSTRIES 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. 75.86 Cr | Rs. 84.458 Cr | Rs. 84.815 Cr | + 0.42 % | + 11.8 % |
Expenses | Rs. 71.61 Cr | Rs. 83.26 Cr | Rs. 81.05 Cr | -2.65 % | + 13.18 % |
Operating Profit | Rs. 4.25 Cr | Rs. 1.2 Cr | Rs. 3.77 Cr | + 214.17 % | -11.29 % |
Net Profit | Rs. 1.28 Cr | Rs. -1.23 Cr | Rs. 3.32 Cr | + 369.92 % | + 159.38 % |
EPS in Rs | Rs. 1.6 | Rs. -1.42 | Rs. 1.16 | + 181.69 % | -27.5 % |
In reviewing DUROPLY INDUSTRIES LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 11.8 % year-on-year growth, however, there was a minor increase of 0.42 % from the previous quarter. Expenses rose by 13.18 % compared to the previous year, with a decrease of -2.65 % quarter-on-quarter. Operating Profit dropped by -11.29 % annually, and saw a 214.17 % increase from the last quarter.
Net Profit showed yearly increase of 159.38 %, and experienced a 369.92 % increase from the previous quarter. Earnings Per Share (EPS) fell by -27.5 % annually, however rose by 181.69 % compared to the last quarter. In essence, while DUROPLY INDUSTRIES LIMITED faces strong annual decline 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.