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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 15.91 % in the past year, substantial increase in net sales/revenue by 20.62 %.
- 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 215.25 %. Marginal increase in other income during this quarter, up by 484.09%.
- Profit over the Year and quarter: Significant improvement in profitability for El Forge Ltd.. Notable increase of 84.81 % in net profit Year to Year, El Forge Ltd.’s profitability increased by 59.04 % in this quarter.
- EPS over the Year and quarter: EPS increased by 89.47 % Year to Year. EPS increased by 56.52 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 17.714 Cr | Rs. 17.022 Cr | Rs. 20.532 Cr | + 20.62 % | + 15.91 % |
Expenses | Rs. 16.52 Cr | Rs. 16.02 Cr | Rs. 19.51 Cr | + 21.79 % | + 18.1 % |
Operating Profit | Rs. 1.19 Cr | Rs. 1 Cr | Rs. 1.02 Cr | + 2 % | -14.29 % |
OPM % | 6.72 % | 5.87 % | 4.97 % | -0.9 % | -1.75 % |
Other Income | Rs. -0.223 Cr | Rs. 0.044 Cr | Rs. 0.257 Cr | + 484.09 % | + 215.25 % |
Interest | Rs. 0.12 Cr | Rs. 0.12 Cr | Rs. 0.12 Cr | + 0 % | + 0 % |
Depreciation | Rs. 0.46 Cr | Rs. 0.47 Cr | Rs. 0.43 Cr | -8.51 % | -6.52 % |
Profit before tax | Rs. 0.39 Cr | Rs. 0.45 Cr | Rs. 0.73 Cr | + 62.22 % | + 87.18 % |
Tax % | 0 % | 0 % | 0 % | 0 % | 0 % |
Net Profit | Rs. 0.4 Cr | Rs. 0.46 Cr | Rs. 0.73 Cr | + 58.7 % | + 82.5 % |
EPS in Rs | Rs. 0.19 | Rs. 0.23 | Rs. 0.36 | + 56.52 % | + 89.47 % |
Today, we’re looking at El Forge Ltd.’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 15.91 %. However, it did see a marginal increase of 20.62 % from the previous quarter. Expenses ticked up slightly by 21.79 % quarter-on-quarter, aligning with the annual rise of 18.1 %. Operating profit, while down -14.29 % compared to last year, faced a quarter-on-quarter increase of 2 %, 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 -1.75 %, but a shrinkage of -0.9 % sequentially. Other income rose by 484.09 % compared to the last quarter, despite an annual growth of 215.25 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs fell by -8.51 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -6.52 %. Profit before tax grew annually by 87.18 % but saw an increase from the preceding quarter by 62.22 %.
Net profit rose by 82.5 % year-on-year but experienced a 58.7 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 89.47 % but a quarterly rise of 56.52 %. 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. 17.714 Cr | Rs. 17.022 Cr | Rs. 20.532 Cr | + 20.62 % | + 15.91 % |
Expenses | Rs. 16.52 Cr | Rs. 16.02 Cr | Rs. 19.51 Cr | + 21.79 % | + 18.1 % |
Operating Profit | Rs. 1.19 Cr | Rs. 1 Cr | Rs. 1.02 Cr | + 2 % | -14.29 % |
Net Profit | Rs. 0.4 Cr | Rs. 0.46 Cr | Rs. 0.73 Cr | + 58.7 % | + 82.5 % |
EPS in Rs | Rs. 0.19 | Rs. 0.23 | Rs. 0.36 | + 56.52 % | + 89.47 % |
In reviewing El Forge Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 15.91 % year-on-year growth, however, there was a minor increase of 20.62 % from the previous quarter. Expenses rose by 18.1 % compared to the previous year, with a 21.79 % increase quarter-on-quarter. Operating Profit dropped by -14.29 % annually, and saw a 2 % increase from the last quarter.
Net Profit showed yearly increase of 82.5 %, and experienced a 58.7 % increase from the previous quarter. Earnings Per Share (EPS) rose by 89.47 % annually, however rose by 56.52 % 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.
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