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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 8.55 % in the past year, decrease in net sales/revenue by -58.22 %.
- Profit over the Year and quarter: Significant improvement in profitability for EPIC Energy Ltd.. Notable increase of 75.29 % in net profit Year to Year, EPIC Energy Ltd.’s profitability dropped by -39.18 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 75.00 % Year to Year. EPS decreased by -38.24 % 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. 0.585 Cr | Rs. 1.52 Cr | Rs. 0.635 Cr | -58.22 % | + 8.55 % |
Expenses | Rs. 0.47 Cr | Rs. 1.24 Cr | Rs. 0.45 Cr | -63.71 % | -4.26 % |
Operating Profit | Rs. 0.12 Cr | Rs. 0.28 Cr | Rs. 0.19 Cr | -32.14 % | + 58.33 % |
OPM % | 20.51 % | 18.42 % | 29.92 % | + 11.5 % | + 9.41 % |
Other Income | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.04 Cr | Rs. 0.04 Cr | Rs. 0.04 Cr | + 0 % | + 0 % |
Profit before tax | Rs. 0.08 Cr | Rs. 0.24 Cr | Rs. 0.15 Cr | -37.5 % | + 87.5 % |
Tax % | 11.84 % | 3.81 % | 7.14 % | + 3.33 % | -4.7 % |
Net Profit | Rs. 0.09 Cr | Rs. 0.25 Cr | Rs. 0.15 Cr | -40 % | + 66.67 % |
EPS in Rs | Rs. 0.12 | Rs. 0.34 | Rs. 0.21 | -38.24 % | + 75 % |
Today, we’re looking at EPIC Energy 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 8.55 %. However, it did see a marginal slip of -58.22 % from the previous quarter. Expenses decreased slightly by -63.71 % quarter-on-quarter, aligning with the annual decline of -4.26 %. Operating profit, while up 58.33 % compared to last year, faced a quarter-on-quarter dip of -32.14 %, 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 9.41 %, but an expansion of 11.5 % sequentially. 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 87.5 % but saw a reduction from the preceding quarter by -37.5 %.
Tax expenses as a percentage of profits decreased slightly by -4.7 % compared to last year, with a more notable quarter-on-quarter increase of 3.33 %. Net profit rose by 66.67 % year-on-year but witnessed a -40 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 75 % but a quarterly fall of -38.24 %. In summary, EPIC Energy 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. 0.585 Cr | Rs. 1.52 Cr | Rs. 0.635 Cr | -58.22 % | + 8.55 % |
Expenses | Rs. 0.47 Cr | Rs. 1.24 Cr | Rs. 0.45 Cr | -63.71 % | -4.26 % |
Operating Profit | Rs. 0.12 Cr | Rs. 0.28 Cr | Rs. 0.19 Cr | -32.14 % | + 58.33 % |
Net Profit | Rs. 0.09 Cr | Rs. 0.25 Cr | Rs. 0.15 Cr | -40 % | + 66.67 % |
EPS in Rs | Rs. 0.12 | Rs. 0.34 | Rs. 0.21 | -38.24 % | + 75 % |
In reviewing EPIC Energy Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 8.55 % year-on-year growth, although there was a slight dip of -58.22 % from the previous quarter. Expenses decreased by -4.26 % compared to the previous year, with a decrease of -63.71 % quarter-on-quarter. Operating Profit surged by 58.33 % annually, and saw a -32.14 % decrease from the last quarter.
Net Profit showed yearly increase of 66.67 %, and experienced a -40 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 75 % annually, however dipped by -38.24 % compared to the last quarter. In essence, while EPIC Energy Ltd. 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.