Share the post "Elixir Capital announces Q1 results: Profit Rises by 180.72% YoY"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 210.46 % in the past year, decrease in net sales/revenue by -6.83 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -22.97 %, Marginal decrease of -77.86% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Elixir Capital Limited. Notable increase of 180.94 % in net profit Year to Year, Elixir Capital Limited’s profitability dropped by -19.21 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 181.23 % Year to Year. EPS decreased by -19.26 % 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. 4.744 Cr | Rs. 15.807 Cr | Rs. 14.728 Cr | -6.83 % | + 210.46 % |
Expenses | Rs. 1.57 Cr | Rs. 2.41 Cr | Rs. 3.04 Cr | + 26.14 % | + 93.63 % |
Operating Profit | Rs. 3.17 Cr | Rs. 13.4 Cr | Rs. 11.69 Cr | -12.76 % | + 268.77 % |
OPM % | 66.82 % | 84.77 % | 79.37 % | -5.4 % | + 12.55 % |
Other Income | Rs. 0.344 Cr | Rs. 1.197 Cr | Rs. 0.265 Cr | -77.86 % | -22.97 % |
Interest | Rs. 0.34 Cr | Rs. 0.45 Cr | Rs. 0.43 Cr | -4.44 % | + 26.47 % |
Depreciation | Rs. 0.08 Cr | Rs. 0.09 Cr | Rs. 0.07 Cr | -22.22 % | -12.5 % |
Profit before tax | Rs. 3.09 Cr | Rs. 14.06 Cr | Rs. 11.46 Cr | -18.49 % | + 270.87 % |
Tax % | 1.45 % | 24.36 % | 24.98 % | + 0.62 % | + 23.53 % |
Net Profit | Rs. 3.06 Cr | Rs. 10.63 Cr | Rs. 8.59 Cr | -19.19 % | + 180.72 % |
EPS in Rs | Rs. 3.89 | Rs. 13.55 | Rs. 10.94 | -19.26 % | + 181.23 % |
Today, we’re looking at Elixir Capital 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 210.46 %. However, it did see a marginal slip of -6.83 % from the previous quarter. Expenses ticked up slightly by 26.14 % quarter-on-quarter, aligning with the annual rise of 93.63 %. Operating profit, while up 268.77 % compared to last year, faced a quarter-on-quarter dip of -12.76 %, 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 12.55 %, but a shrinkage of -5.4 % sequentially. Other income fell by -77.86 % compared to the last quarter, despite an annual decline of -22.97 %. Interest expenses dropped significantly by -4.44 % from the previous quarter, yet the year-over-year increase remains at a moderate 26.47 %. Depreciation costs fell by -22.22 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -12.5 %. Profit before tax grew annually by 270.87 % but saw a reduction from the preceding quarter by -18.49 %.
Tax expenses as a percentage of profits increased slightly by 23.53 % compared to last year, with a more notable quarter-on-quarter increase of 0.62 %. Net profit rose by 180.72 % year-on-year but witnessed a -19.19 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 181.23 % but a quarterly fall of -19.26 %. In summary, Elixir Capital 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. 4.744 Cr | Rs. 15.807 Cr | Rs. 14.728 Cr | -6.83 % | + 210.46 % |
Expenses | Rs. 1.57 Cr | Rs. 2.41 Cr | Rs. 3.04 Cr | + 26.14 % | + 93.63 % |
Operating Profit | Rs. 3.17 Cr | Rs. 13.4 Cr | Rs. 11.69 Cr | -12.76 % | + 268.77 % |
Net Profit | Rs. 3.06 Cr | Rs. 10.63 Cr | Rs. 8.59 Cr | -19.19 % | + 180.72 % |
EPS in Rs | Rs. 3.89 | Rs. 13.55 | Rs. 10.94 | -19.26 % | + 181.23 % |
In reviewing Elixir Capital Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 210.46 % year-on-year growth, although there was a slight dip of -6.83 % from the previous quarter. Expenses rose by 93.63 % compared to the previous year, with a 26.14 % increase quarter-on-quarter. Operating Profit surged by 268.77 % annually, and saw a -12.76 % decrease from the last quarter.
Net Profit showed yearly increase of 180.72 %, and experienced a -19.19 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 181.23 % annually, however dipped by -19.26 % compared to the last quarter. In essence, while Elixir Capital Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.