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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.
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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