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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 12.44 % in the past year, decrease in net sales/revenue by -4.08 %.
- 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 8.73 %. Marginal decrease of -26.67% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Elantas Beck India Ltd. Profit dropped by -10.79 % Year to Year, Elantas Beck India Ltd’s profitability dropped by -25.76 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -10.79 % Year to Year. EPS decreased by -25.76 % 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. 163.27 Cr | Rs. 191.39 Cr | Rs. 183.573 Cr | -4.08 % | + 12.44 % |
Expenses | Rs. 124.98 Cr | Rs. 152.69 Cr | Rs. 150.42 Cr | -1.49 % | + 20.36 % |
Operating Profit | Rs. 38.29 Cr | Rs. 38.7 Cr | Rs. 33.15 Cr | -14.34 % | -13.42 % |
OPM % | 23.45 % | 20.22 % | 18.06 % | -2.16 % | -5.39 % |
Other Income | Rs. 11.483 Cr | Rs. 17.026 Cr | Rs. 12.486 Cr | -26.67 % | + 8.73 % |
Interest | Rs. 0.14 Cr | Rs. 0.11 Cr | Rs. 0.18 Cr | + 63.64 % | + 28.57 % |
Depreciation | Rs. 3 Cr | Rs. 3.22 Cr | Rs. 3.86 Cr | + 19.88 % | + 28.67 % |
Profit before tax | Rs. 46.63 Cr | Rs. 52.4 Cr | Rs. 41.6 Cr | -20.61 % | -10.79 % |
Tax % | 25.34 % | 20.14 % | 25.32 % | + 5.18 % | -0.02 % |
Net Profit | Rs. 34.83 Cr | Rs. 41.85 Cr | Rs. 31.07 Cr | -25.76 % | -10.8 % |
EPS in Rs | Rs. 43.93 | Rs. 52.79 | Rs. 39.19 | -25.76 % | -10.79 % |
Today, we’re looking at Elantas Beck India 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 12.44 %. However, it did see a marginal slip of -4.08 % from the previous quarter. Expenses decreased slightly by -1.49 % quarter-on-quarter, aligning with the annual rise of 20.36 %. Operating profit, while down -13.42 % compared to last year, faced a quarter-on-quarter dip of -14.34 %, 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 -5.39 %, but a shrinkage of -2.16 % sequentially. Other income fell by -26.67 % compared to the last quarter, despite an annual growth of 8.73 %. Interest expenses surged remarkably by 63.64 % from the previous quarter, yet the year-over-year increase remains at a moderate 28.57 %. Depreciation costs climbed by 19.88 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 28.67 %. Profit before tax declined annually by -10.79 % but saw a reduction from the preceding quarter by -20.61 %.
Tax expenses as a percentage of profits decreased slightly by -0.02 % compared to last year, with a more notable quarter-on-quarter increase of 5.18 %. Net profit fell by -10.8 % year-on-year but witnessed a -25.76 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -10.79 % but a quarterly fall of -25.76 %. In summary, Elantas Beck India 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. 163.27 Cr | Rs. 191.39 Cr | Rs. 183.573 Cr | -4.08 % | + 12.44 % |
Expenses | Rs. 124.98 Cr | Rs. 152.69 Cr | Rs. 150.42 Cr | -1.49 % | + 20.36 % |
Operating Profit | Rs. 38.29 Cr | Rs. 38.7 Cr | Rs. 33.15 Cr | -14.34 % | -13.42 % |
Net Profit | Rs. 34.83 Cr | Rs. 41.85 Cr | Rs. 31.07 Cr | -25.76 % | -10.8 % |
EPS in Rs | Rs. 43.93 | Rs. 52.79 | Rs. 39.19 | -25.76 % | -10.79 % |
In reviewing Elantas Beck India Ltd’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 12.44 % year-on-year growth, although there was a slight dip of -4.08 % from the previous quarter. Expenses rose by 20.36 % compared to the previous year, with a decrease of -1.49 % quarter-on-quarter. Operating Profit dropped by -13.42 % annually, and saw a -14.34 % decrease from the last quarter.
Net Profit showed yearly decrease of -10.8 %, and experienced a -25.76 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -10.79 % annually, however dipped by -25.76 % compared to the last quarter. In essence, while Elantas Beck India Ltd 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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