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Eureka Industries announced Financial Results Q1 2024-25

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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’s sales declined by -48.73 % over the year, decrease in net sales/revenue by -63.29 %.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Eureka Industries Ltd.. Profit dropped by -1816.67 % Year to Year, Eureka Industries Ltd.’s profitability dropped by -116.87 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -1,666.67 % Year to Year. EPS decreased by -116.85 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Eureka Industries Ltd.‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 5.264 Cr Rs. 7.352 Cr Rs. 2.699 Cr -63.29 % -48.73 %
Expenses Rs. 5.3 Cr Rs. 9.73 Cr Rs. 2.29 Cr -76.46 % -56.79 %
Operating Profit Rs. -0.04 Cr Rs. -2.38 Cr Rs. 0.41 Cr + 117.23 % + 1125 %
OPM % -0.76 % -32.37 % 15.19 % + 47.56 % + 15.95 %
Other Income Rs. 0 Cr Rs. 0.001 Cr Rs. 0 Cr 0 % 0 %
Interest Rs. 0 Cr Rs. 0.06 Cr Rs. 0 Cr 0 % 0 %
Depreciation Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Profit before tax Rs. -0.04 Cr Rs. -2.44 Cr Rs. 0.41 Cr + 116.8 % + 1125 %
Tax % -25 % -0 % 0 % 0 % + 25 %
Net Profit Rs. -0.02 Cr Rs. -2.44 Cr Rs. 0.41 Cr + 116.8 % + 2150 %
EPS in Rs Rs. -0.03 Rs. -2.79 Rs. 0.47 + 116.85 % + 1666.67 %


Today, we’re looking at Eureka Industries Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -48.73 %. However, it did see a marginal slip of -63.29 % from the previous quarter. Expenses decreased slightly by -76.46 % quarter-on-quarter, aligning with the annual decline of -56.79 %. Operating profit, while up 1125 % compared to last year, faced a quarter-on-quarter increase of 117.23 %, 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 15.95 %, but an expansion of 47.56 % sequentially. Profit before tax grew annually by 1125 % but saw an increase from the preceding quarter by 116.8 %.
Tax expenses as a percentage of profits increased slightly by 25 % compared to last year, Net profit rose by 2150 % year-on-year but experienced a 116.8 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 1666.67 % but a quarterly rise of 116.85 %. In summary, Eureka 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. 5.264 Cr Rs. 7.352 Cr Rs. 2.699 Cr -63.29 % -48.73 %
Expenses Rs. 5.3 Cr Rs. 9.73 Cr Rs. 2.29 Cr -76.46 % -56.79 %
Operating Profit Rs. -0.04 Cr Rs. -2.38 Cr Rs. 0.41 Cr + 117.23 % + 1125 %
Net Profit Rs. -0.02 Cr Rs. -2.44 Cr Rs. 0.41 Cr + 116.8 % + 2150 %
EPS in Rs Rs. -0.03 Rs. -2.79 Rs. 0.47 + 116.85 % + 1666.67 %


In reviewing Eureka Industries Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -48.73 % year-on-year, although there was a slight dip of -63.29 % from the previous quarter. Expenses decreased by -56.79 % compared to the previous year, with a decrease of -76.46 % quarter-on-quarter. Operating Profit surged by 1125 % annually, and saw a 117.23 % increase from the last quarter.
Net Profit showed yearly increase of 2150 %, and experienced a 116.8 % increase from the previous quarter. Earnings Per Share (EPS) rose by 1666.67 % annually, however rose by 116.85 % compared to the last quarter. In essence, while Eureka 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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