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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 12677.16 % in the past year, substantial increase in net sales/revenue by 238.7 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -55.64 %, Marginal increase in other income during this quarter, up by 16.91%.
- Profit over the Year and quarter: Significant improvement in profitability for EMERGENT INDUSTRIAL SOLUTIONS LIMITED. Notable increase of 1184.69 % in net profit Year to Year, EMERGENT INDUSTRIAL SOLUTIONS LIMITED’s profitability increased by 1165.94 % in this quarter.
- EPS over the Year and quarter: EPS increased by 539.89 % Year to Year. EPS increased by 1165.56 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 4.611 Cr | Rs. 173.944 Cr | Rs. 589.155 Cr | + 238.7 % | + 12677.16 % |
Expenses | Rs. 4.95 Cr | Rs. 173.73 Cr | Rs. 578.11 Cr | + 232.76 % | + 11578.99 % |
Operating Profit | Rs. -0.34 Cr | Rs. 0.21 Cr | Rs. 11.05 Cr | + 5161.9 % | + 3350 % |
OPM % | -7.37 % | 0.12 % | 1.88 % | + 1.76 % | + 9.25 % |
Other Income | Rs. 0.904 Cr | Rs. 0.343 Cr | Rs. 0.401 Cr | + 16.91 % | -55.64 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 4.37 Cr | 0 % | 0 % |
Depreciation | Rs. 0.02 Cr | Rs. 0.02 Cr | Rs. 0.02 Cr | + 0 % | + 0 % |
Profit before tax | Rs. 0.54 Cr | Rs. 0.53 Cr | Rs. 7.06 Cr | + 1232.08 % | + 1207.41 % |
Tax % | 24.58 % | 24.31 % | 26.28 % | + 1.97 % | + 1.7 % |
Net Profit | Rs. 0.41 Cr | Rs. 0.41 Cr | Rs. 5.2 Cr | + 1168.29 % | + 1168.29 % |
EPS in Rs | Rs. 1.78 | Rs. 0.9 | Rs. 11.39 | + 1165.56 % | + 539.89 % |
Today, we’re looking at EMERGENT INDUSTRIAL SOLUTIONS 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 12677.16 %. However, it did see a marginal increase of 238.7 % from the previous quarter. Expenses ticked up slightly by 232.76 % quarter-on-quarter, aligning with the annual rise of 11578.99 %. Operating profit, while up 3350 % compared to last year, faced a quarter-on-quarter increase of 5161.9 %, 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 9.25 %, but an expansion of 1.76 % sequentially. Other income rose by 16.91 % compared to the last quarter, despite an annual decline of -55.64 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 1207.41 % but saw an increase from the preceding quarter by 1232.08 %.
Tax expenses as a percentage of profits increased slightly by 1.7 % compared to last year, with a more notable quarter-on-quarter increase of 1.97 %. Net profit rose by 1168.29 % year-on-year but experienced a 1168.29 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 539.89 % but a quarterly rise of 1165.56 %. In summary, EMERGENT INDUSTRIAL SOLUTIONS 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. 4.611 Cr | Rs. 173.944 Cr | Rs. 589.155 Cr | + 238.7 % | + 12677.16 % |
Expenses | Rs. 4.95 Cr | Rs. 173.73 Cr | Rs. 578.11 Cr | + 232.76 % | + 11578.99 % |
Operating Profit | Rs. -0.34 Cr | Rs. 0.21 Cr | Rs. 11.05 Cr | + 5161.9 % | + 3350 % |
Net Profit | Rs. 0.41 Cr | Rs. 0.41 Cr | Rs. 5.2 Cr | + 1168.29 % | + 1168.29 % |
EPS in Rs | Rs. 1.78 | Rs. 0.9 | Rs. 11.39 | + 1165.56 % | + 539.89 % |
In reviewing EMERGENT INDUSTRIAL SOLUTIONS LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 12677.16 % year-on-year growth, however, there was a minor increase of 238.7 % from the previous quarter. Expenses rose by 11578.99 % compared to the previous year, with a 232.76 % increase quarter-on-quarter. Operating Profit surged by 3350 % annually, and saw a 5161.9 % increase from the last quarter.
Net Profit showed yearly increase of 1168.29 %, and experienced a 1168.29 % increase from the previous quarter. Earnings Per Share (EPS) rose by 539.89 % annually, however rose by 1165.56 % compared to the last quarter. In essence, while EMERGENT INDUSTRIAL SOLUTIONS LIMITED 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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