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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 6.44 % in the past year, substantial increase in net sales/revenue by 7.75 %.
- 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 24.35 %. Marginal increase in other income during this quarter, up by 18.8%.
- Profit over the Year and quarter: Significant improvement in profitability for Empire Industries Ltd.,. Notable increase of 21.75 % in net profit Year to Year, Empire Industries Ltd.,’s profitability increased by 1.25 % in this quarter.
- EPS over the Year and quarter: EPS increased by 21.74 % Year to Year. EPS increased by 1.3 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 153.528 Cr | Rs. 151.665 Cr | Rs. 163.414 Cr | + 7.75 % | + 6.44 % |
Expenses | Rs. 134.76 Cr | Rs. 135.29 Cr | Rs. 144.12 Cr | + 6.53 % | + 6.95 % |
Operating Profit | Rs. 18.77 Cr | Rs. 16.38 Cr | Rs. 19.29 Cr | + 17.77 % | + 2.77 % |
OPM % | 12.23 % | 10.8 % | 11.8 % | + 1 % | -0.43 % |
Other Income | Rs. 2.932 Cr | Rs. 3.069 Cr | Rs. 3.646 Cr | + 18.8 % | + 24.35 % |
Interest | Rs. 7.54 Cr | Rs. 4.88 Cr | Rs. 7.48 Cr | + 53.28 % | -0.8 % |
Depreciation | Rs. 4.11 Cr | Rs. 3.88 Cr | Rs. 4.16 Cr | + 7.22 % | + 1.22 % |
Profit before tax | Rs. 10.05 Cr | Rs. 10.69 Cr | Rs. 11.3 Cr | + 5.71 % | + 12.44 % |
Tax % | 19.89 % | 9.36 % | 13.26 % | + 3.9 % | -6.63 % |
Net Profit | Rs. 8.06 Cr | Rs. 9.69 Cr | Rs. 9.81 Cr | + 1.24 % | + 21.71 % |
EPS in Rs | Rs. 13.43 | Rs. 16.14 | Rs. 16.35 | + 1.3 % | + 21.74 % |
Today, we’re looking at Empire Industries 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 6.44 %. However, it did see a marginal increase of 7.75 % from the previous quarter. Expenses ticked up slightly by 6.53 % quarter-on-quarter, aligning with the annual rise of 6.95 %. Operating profit, while up 2.77 % compared to last year, faced a quarter-on-quarter increase of 17.77 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.43 %, but an expansion of 1 % sequentially. Other income rose by 18.8 % compared to the last quarter, despite an annual growth of 24.35 %. Interest expenses surged remarkably by 53.28 % from the previous quarter, yet the year-over-year decrease remains at a moderate -0.8 %. Depreciation costs climbed by 7.22 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 1.22 %. Profit before tax grew annually by 12.44 % but saw an increase from the preceding quarter by 5.71 %.
Tax expenses as a percentage of profits decreased slightly by -6.63 % compared to last year, with a more notable quarter-on-quarter increase of 3.9 %. Net profit rose by 21.71 % year-on-year but experienced a 1.24 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 21.74 % but a quarterly rise of 1.3 %. In summary, Empire Industries 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. 153.528 Cr | Rs. 151.665 Cr | Rs. 163.414 Cr | + 7.75 % | + 6.44 % |
Expenses | Rs. 134.76 Cr | Rs. 135.29 Cr | Rs. 144.12 Cr | + 6.53 % | + 6.95 % |
Operating Profit | Rs. 18.77 Cr | Rs. 16.38 Cr | Rs. 19.29 Cr | + 17.77 % | + 2.77 % |
Net Profit | Rs. 8.06 Cr | Rs. 9.69 Cr | Rs. 9.81 Cr | + 1.24 % | + 21.71 % |
EPS in Rs | Rs. 13.43 | Rs. 16.14 | Rs. 16.35 | + 1.3 % | + 21.74 % |
In reviewing Empire Industries Ltd.,’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 6.44 % year-on-year growth, however, there was a minor increase of 7.75 % from the previous quarter. Expenses rose by 6.95 % compared to the previous year, with a 6.53 % increase quarter-on-quarter. Operating Profit surged by 2.77 % annually, and saw a 17.77 % increase from the last quarter.
Net Profit showed yearly increase of 21.71 %, and experienced a 1.24 % increase from the previous quarter. Earnings Per Share (EPS) rose by 21.74 % annually, however rose by 1.3 % compared to the last quarter. In essence, while Empire Industries 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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