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Highlights
- Sales over the Year and quarter: The company’s sales declined by -5 % over the year, substantial increase in net sales/revenue by 15.11 %.
- 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 400 %. Marginal decrease of -37.5% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for El Forge Ltd.. Notable increase of 268988.46 % in net profit Year to Year, El Forge Ltd.’s profitability increased by 24621.91 % in this quarter.
- EPS over the Year and quarter: EPS increased by 344,100.00 % Year to Year. EPS increased by 24485.71 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 18.24 Cr | Rs. 15.053 Cr | Rs. 17.328 Cr | + 15.11 % | -5 % |
Expenses | Rs. 16.14 Cr | Rs. 14.05 Cr | Rs. 16.13 Cr | + 14.8 % | -0.06 % |
Operating Profit | Rs. 2.1 Cr | Rs. 1 Cr | Rs. 1.2 Cr | + 20 % | -42.86 % |
OPM % | 11.51 % | 6.64 % | 6.93 % | + 0.29 % | -4.58 % |
Other Income | Rs. 0.02 Cr | Rs. 0.16 Cr | Rs. 0.1 Cr | -37.5 % | + 400 % |
Interest | Rs. 0.09 Cr | Rs. 0.12 Cr | Rs. 0.12 Cr | + 0 % | + 33.33 % |
Depreciation | Rs. 1.27 Cr | Rs. 0.46 Cr | Rs. 0.47 Cr | + 2.17 % | -62.99 % |
Profit before tax | Rs. 0.76 Cr | Rs. 0.58 Cr | Rs. 0.71 Cr | + 22.41 % | -6.58 % |
Tax % | 0 % | 0 % | 0 % | 0 % | 0 % |
Net Profit | Rs. 0.03 Cr | Rs. 0.28 Cr | Rs. 69.96 Cr | + 24885.71 % | + 233100 % |
EPS in Rs | Rs. 0.01 | Rs. 0.14 | Rs. 34.42 | + 24485.71 % | + 344100 % |
Today, we’re looking at El Forge Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -5 %. However, it did see a marginal increase of 15.11 % from the previous quarter. Expenses ticked up slightly by 14.8 % quarter-on-quarter, aligning with the annual decline of -0.06 %. Operating profit, while down -42.86 % compared to last year, faced a quarter-on-quarter increase of 20 %, 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 -4.58 %, but an expansion of 0.29 % sequentially. Other income fell by -37.5 % compared to the last quarter, despite an annual growth of 400 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 33.33 %. Depreciation costs climbed by 2.17 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -62.99 %. Profit before tax declined annually by -6.58 % but saw an increase from the preceding quarter by 22.41 %.
Net profit rose by 233100 % year-on-year but experienced a 24885.71 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 344100 % but a quarterly rise of 24485.71 %. In summary, El Forge 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. 18.24 Cr | Rs. 15.053 Cr | Rs. 17.328 Cr | + 15.11 % | -5 % |
Expenses | Rs. 16.14 Cr | Rs. 14.05 Cr | Rs. 16.13 Cr | + 14.8 % | -0.06 % |
Operating Profit | Rs. 2.1 Cr | Rs. 1 Cr | Rs. 1.2 Cr | + 20 % | -42.86 % |
Net Profit | Rs. 0.03 Cr | Rs. 0.28 Cr | Rs. 69.96 Cr | + 24885.71 % | + 233100 % |
EPS in Rs | Rs. 0.01 | Rs. 0.14 | Rs. 34.42 | + 24485.71 % | + 344100 % |
In reviewing El Forge Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -5 % year-on-year, however, there was a minor increase of 15.11 % from the previous quarter. Expenses decreased by -0.06 % compared to the previous year, with a 14.8 % increase quarter-on-quarter. Operating Profit dropped by -42.86 % annually, and saw a 20 % increase from the last quarter.
Net Profit showed yearly increase of 233100 %, and experienced a 24885.71 % increase from the previous quarter. Earnings Per Share (EPS) rose by 344100 % annually, however rose by 24485.71 % compared to the last quarter. In essence, while El Forge 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.