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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 8.63 % in the past year, substantial increase in net sales/revenue by 4.9 %.
- 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 875 %. Marginal decrease of -55.78% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for EPL Limited. Notable increase of 40.88 % in net profit Year to Year, EPL Limited’s profitability dropped by -33.33 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 40.70 % Year to Year. EPS decreased by -33.52 % 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. 303.5 Cr | Rs. 314.3 Cr | Rs. 329.7 Cr | + 4.9 % | + 8.63 % |
| Expenses | Rs. 244 Cr | Rs. 258.7 Cr | Rs. 270.6 Cr | + 4.6 % | + 10.9 % |
| Operating Profit | Rs. 59.5 Cr | Rs. 55.6 Cr | Rs. 59.1 Cr | + 6.29 % | -0.67 % |
| OPM % | 19.6 % | 17.69 % | 17.93 % | + 0.24 % | -1.67 % |
| Other Income | Rs. 2 Cr | Rs. 44.1 Cr | Rs. 19.5 Cr | -55.78 % | + 875 % |
| Interest | Rs. 5.1 Cr | Rs. 6.1 Cr | Rs. 5 Cr | -18.03 % | -1.96 % |
| Depreciation | Rs. 30.9 Cr | Rs. 28.4 Cr | Rs. 26.7 Cr | -5.99 % | -13.59 % |
| Profit before tax | Rs. 25.5 Cr | Rs. 65.2 Cr | Rs. 46.9 Cr | -28.07 % | + 83.92 % |
| Tax % | 7.45 % | 11.2 % | 17.7 % | + 6.5 % | + 10.25 % |
| Net Profit | Rs. 27.4 Cr | Rs. 57.9 Cr | Rs. 38.6 Cr | -33.33 % | + 40.88 % |
| EPS in Rs | Rs. 0.86 | Rs. 1.81 | Rs. 1.21 | -33.15 % | + 40.7 % |
Today, we’re looking at EPL 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 8.63 %. However, it did see a marginal increase of 4.9 % from the previous quarter. Expenses ticked up slightly by 4.6 % quarter-on-quarter, aligning with the annual rise of 10.9 %. Operating profit, while down -0.67 % compared to last year, faced a quarter-on-quarter increase of 6.29 %, 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 -1.67 %, but an expansion of 0.24 % sequentially. Other income fell by -55.78 % compared to the last quarter, despite an annual growth of 875 %. Interest expenses dropped significantly by -18.03 % from the previous quarter, yet the year-over-year decrease remains at a moderate -1.96 %. Depreciation costs fell by -5.99 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -13.59 %. Profit before tax grew annually by 83.92 % but saw a reduction from the preceding quarter by -28.07 %.
Tax expenses as a percentage of profits increased slightly by 10.25 % compared to last year, with a more notable quarter-on-quarter increase of 6.5 %. Net profit rose by 40.88 % year-on-year but witnessed a -33.33 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 40.7 % but a quarterly fall of -33.15 %. In summary, EPL 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. 303.5 Cr | Rs. 314.3 Cr | Rs. 329.7 Cr | + 4.9 % | + 8.63 % |
| Expenses | Rs. 244 Cr | Rs. 258.7 Cr | Rs. 270.6 Cr | + 4.6 % | + 10.9 % |
| Operating Profit | Rs. 59.5 Cr | Rs. 55.6 Cr | Rs. 59.1 Cr | + 6.29 % | -0.67 % |
| Net Profit | Rs. 27.4 Cr | Rs. 57.9 Cr | Rs. 38.6 Cr | -33.33 % | + 40.88 % |
| EPS in Rs | Rs. 0.86 | Rs. 1.81 | Rs. 1.21 | -33.15 % | + 40.7 % |
In reviewing EPL Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 8.63 % year-on-year growth, however, there was a minor increase of 4.9 % from the previous quarter. Expenses rose by 10.9 % compared to the previous year, with a 4.6 % increase quarter-on-quarter. Operating Profit dropped by -0.67 % annually, and saw a 6.29 % increase from the last quarter.
Net Profit showed yearly increase of 40.88 %, and experienced a -33.33 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 40.7 % annually, however dipped by -33.15 % compared to the last quarter. In essence, while EPL 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.
