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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 21.43 % in the past year, decrease in net sales/revenue by -67.92 %.
- 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 192.13 %. Marginal increase in other income during this quarter, up by 145.7%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Elegant Floriculture & Agrotech (In. Profit dropped by -186.06 % Year to Year, Elegant Floriculture & Agrotech (In’s profitability increased by 67.29 % in this quarter.
- EPS over the Year and quarter: EPS declined by -190.00 % Year to Year. EPS increased by 80 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.056 Cr | Rs. 0.212 Cr | Rs. 0.068 Cr | -67.92 % | + 21.43 % |
Expenses | Rs. 0.29 Cr | Rs. 0.16 Cr | Rs. 0.17 Cr | + 6.25 % | -41.38 % |
Operating Profit | Rs. -0.23 Cr | Rs. 0.05 Cr | Rs. -0.1 Cr | -300 % | + 56.52 % |
OPM % | -410.71 % | 23.58 % | -147.06 % | -170.64 % | + 263.65 % |
Other Income | Rs. 0.127 Cr | Rs. 0.151 Cr | Rs. 0.371 Cr | + 145.7 % | + 192.13 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.11 Cr | Rs. 0.09 Cr | Rs. 0.09 Cr | + 0 % | -18.18 % |
Profit before tax | Rs. -0.21 Cr | Rs. 0.11 Cr | Rs. 0.18 Cr | + 63.64 % | + 185.71 % |
Tax % | -0 % | 6.19 % | 0 % | -6.19 % | 0 % |
Net Profit | Rs. -0.21 Cr | Rs. 0.11 Cr | Rs. 0.18 Cr | + 63.64 % | + 185.71 % |
EPS in Rs | Rs. -0.1 | Rs. 0.05 | Rs. 0.09 | + 80 % | + 190 % |
Today, we’re looking at Elegant Floriculture & Agrotech (In’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 21.43 %. However, it did see a marginal slip of -67.92 % from the previous quarter. Expenses ticked up slightly by 6.25 % quarter-on-quarter, aligning with the annual decline of -41.38 %. Operating profit, while up 56.52 % compared to last year, faced a quarter-on-quarter dip of -300 %, 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 263.65 %, but a shrinkage of -170.64 % sequentially. Other income rose by 145.7 % compared to the last quarter, despite an annual growth of 192.13 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -18.18 %. Profit before tax grew annually by 185.71 % but saw an increase from the preceding quarter by 63.64 %.
with a more notable quarter-on-quarter decrease of -6.19 %. Net profit rose by 185.71 % year-on-year but experienced a 63.64 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 190 % but a quarterly rise of 80 %. In summary, Elegant Floriculture & Agrotech (In’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. 0.056 Cr | Rs. 0.212 Cr | Rs. 0.068 Cr | -67.92 % | + 21.43 % |
Expenses | Rs. 0.29 Cr | Rs. 0.16 Cr | Rs. 0.17 Cr | + 6.25 % | -41.38 % |
Operating Profit | Rs. -0.23 Cr | Rs. 0.05 Cr | Rs. -0.1 Cr | -300 % | + 56.52 % |
Net Profit | Rs. -0.21 Cr | Rs. 0.11 Cr | Rs. 0.18 Cr | + 63.64 % | + 185.71 % |
EPS in Rs | Rs. -0.1 | Rs. 0.05 | Rs. 0.09 | + 80 % | + 190 % |
In reviewing Elegant Floriculture & Agrotech (In’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 21.43 % year-on-year growth, although there was a slight dip of -67.92 % from the previous quarter. Expenses decreased by -41.38 % compared to the previous year, with a 6.25 % increase quarter-on-quarter. Operating Profit surged by 56.52 % annually, and saw a -300 % decrease from the last quarter.
Net Profit showed yearly increase of 185.71 %, and experienced a 63.64 % increase from the previous quarter. Earnings Per Share (EPS) rose by 190 % annually, however rose by 80 % compared to the last quarter. In essence, while Elegant Floriculture & Agrotech (In 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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