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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 9.74 % in the past year, substantial increase in net sales/revenue by 1.66 %.
- 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 26.33 %. Marginal decrease of -2.24% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Emami Ltd. Notable increase of 10.13 % in net profit Year to Year, Emami Ltd’s profitability increased by 2.62 % in this quarter.
- EPS over the Year and quarter: EPS increased by 11.82 % Year to Year. EPS increased by 2.64 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 825.66 Cr | Rs. 891.24 Cr | Rs. 906.07 Cr | + 1.66 % | + 9.74 % |
| Expenses | Rs. 636.15 Cr | Rs. 681.83 Cr | Rs. 691.66 Cr | + 1.44 % | + 8.73 % |
| Operating Profit | Rs. 189.51 Cr | Rs. 209.41 Cr | Rs. 214.41 Cr | + 2.39 % | + 13.14 % |
| OPM % | 22.95 % | 23.5 % | 23.66 % | + 0.16 % | + 0.71 % |
| Other Income | Rs. 8.28 Cr | Rs. 10.7 Cr | Rs. 10.46 Cr | -2.24 % | + 26.33 % |
| Interest | Rs. 2.14 Cr | Rs. 2.88 Cr | Rs. 2.06 Cr | -28.47 % | -3.74 % |
| Depreciation | Rs. 46 Cr | Rs. 48 Cr | Rs. 44.43 Cr | -7.44 % | -3.41 % |
| Profit before tax | Rs. 149.65 Cr | Rs. 169.23 Cr | Rs. 178.38 Cr | + 5.41 % | + 19.2 % |
| Tax % | 8.59 % | 13.16 % | 15.39 % | + 2.23 % | + 6.8 % |
| Net Profit | Rs. 136.75 Cr | Rs. 146.75 Cr | Rs. 150.6 Cr | + 2.62 % | + 10.13 % |
| EPS in Rs | Rs. 3.13 | Rs. 3.41 | Rs. 3.5 | + 2.64 % | + 11.82 % |
Today, we’re looking at Emami Ltd’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 9.74 %. However, it did see a marginal increase of 1.66 % from the previous quarter. Expenses ticked up slightly by 1.44 % quarter-on-quarter, aligning with the annual rise of 8.73 %. Operating profit, while up 13.14 % compared to last year, faced a quarter-on-quarter increase of 2.39 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.71 %, but an expansion of 0.16 % sequentially. Other income fell by -2.24 % compared to the last quarter, despite an annual growth of 26.33 %. Interest expenses dropped significantly by -28.47 % from the previous quarter, yet the year-over-year decrease remains at a moderate -3.74 %. Depreciation costs fell by -7.44 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -3.41 %. Profit before tax grew annually by 19.2 % but saw an increase from the preceding quarter by 5.41 %.
Tax expenses as a percentage of profits increased slightly by 6.8 % compared to last year, with a more notable quarter-on-quarter increase of 2.23 %. Net profit rose by 10.13 % year-on-year but experienced a 2.62 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 11.82 % but a quarterly rise of 2.64 %. In summary, Emami 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. 825.66 Cr | Rs. 891.24 Cr | Rs. 906.07 Cr | + 1.66 % | + 9.74 % |
| Expenses | Rs. 636.15 Cr | Rs. 681.83 Cr | Rs. 691.66 Cr | + 1.44 % | + 8.73 % |
| Operating Profit | Rs. 189.51 Cr | Rs. 209.41 Cr | Rs. 214.41 Cr | + 2.39 % | + 13.14 % |
| Net Profit | Rs. 136.75 Cr | Rs. 146.75 Cr | Rs. 150.6 Cr | + 2.62 % | + 10.13 % |
| EPS in Rs | Rs. 3.13 | Rs. 3.41 | Rs. 3.5 | + 2.64 % | + 11.82 % |
In reviewing Emami Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 9.74 % year-on-year growth, however, there was a minor increase of 1.66 % from the previous quarter. Expenses rose by 8.73 % compared to the previous year, with a 1.44 % increase quarter-on-quarter. Operating Profit surged by 13.14 % annually, and saw a 2.39 % increase from the last quarter.
Net Profit showed yearly increase of 10.13 %, and experienced a 2.62 % increase from the previous quarter. Earnings Per Share (EPS) rose by 11.82 % annually, however rose by 2.64 % compared to the last quarter. In essence, while Emami 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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