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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 -4.52 % over the year, decrease in net sales/revenue by -32.49 %.
- 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 100 %. Marginal decrease of -98.46% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Expo Gas Containers Ltd.. Profit dropped by -18.18 % Year to Year, Expo Gas Containers Ltd.’s profitability dropped by -283.44 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -27.78 % Year to Year. EPS decreased by -425 % 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. 18.546 Cr | Rs. 26.232 Cr | Rs. 17.708 Cr | -32.49 % | -4.52 % |
Expenses | Rs. 17.05 Cr | Rs. 24.95 Cr | Rs. 16.31 Cr | -34.63 % | -4.34 % |
Operating Profit | Rs. 1.5 Cr | Rs. 1.28 Cr | Rs. 1.4 Cr | + 9.37 % | -6.67 % |
OPM % | 8.09 % | 4.88 % | 7.91 % | + 3.03 % | -0.18 % |
Other Income | Rs. 0.001 Cr | Rs. 0.13 Cr | Rs. 0.002 Cr | -98.46 % | + 100 % |
Interest | Rs. 1.03 Cr | Rs. 1.21 Cr | Rs. 1 Cr | -17.36 % | -2.91 % |
Depreciation | Rs. 0.12 Cr | Rs. 0.1 Cr | Rs. 0.11 Cr | + 10 % | -8.33 % |
Profit before tax | Rs. 0.35 Cr | Rs. 0.1 Cr | Rs. 0.29 Cr | + 190 % | -17.14 % |
Tax % | 0 % | 249.52 % | 0 % | -249.52 % | 0 % |
Net Profit | Rs. 0.35 Cr | Rs. -0.16 Cr | Rs. 0.29 Cr | + 281.25 % | -17.14 % |
EPS in Rs | Rs. 0.18 | Rs. -0.04 | Rs. 0.13 | + 425 % | -27.78 % |
Today, we’re looking at Expo Gas Containers 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 -4.52 %. However, it did see a marginal slip of -32.49 % from the previous quarter. Expenses decreased slightly by -34.63 % quarter-on-quarter, aligning with the annual decline of -4.34 %. Operating profit, while down -6.67 % compared to last year, faced a quarter-on-quarter increase of 9.37 %, 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 -0.18 %, but an expansion of 3.03 % sequentially. Other income fell by -98.46 % compared to the last quarter, despite an annual growth of 100 %. Interest expenses dropped significantly by -17.36 % from the previous quarter, yet the year-over-year decrease remains at a moderate -2.91 %. Depreciation costs climbed by 10 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -8.33 %. Profit before tax declined annually by -17.14 % but saw an increase from the preceding quarter by 190 %.
with a more notable quarter-on-quarter decrease of -249.52 %. Net profit fell by -17.14 % year-on-year but experienced a 281.25 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -27.78 % but a quarterly rise of 425 %. In summary, Expo Gas Containers 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. 18.546 Cr | Rs. 26.232 Cr | Rs. 17.708 Cr | -32.49 % | -4.52 % |
Expenses | Rs. 17.05 Cr | Rs. 24.95 Cr | Rs. 16.31 Cr | -34.63 % | -4.34 % |
Operating Profit | Rs. 1.5 Cr | Rs. 1.28 Cr | Rs. 1.4 Cr | + 9.37 % | -6.67 % |
Net Profit | Rs. 0.35 Cr | Rs. -0.16 Cr | Rs. 0.29 Cr | + 281.25 % | -17.14 % |
EPS in Rs | Rs. 0.18 | Rs. -0.04 | Rs. 0.13 | + 425 % | -27.78 % |
In reviewing Expo Gas Containers Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -4.52 % year-on-year, although there was a slight dip of -32.49 % from the previous quarter. Expenses decreased by -4.34 % compared to the previous year, with a decrease of -34.63 % quarter-on-quarter. Operating Profit dropped by -6.67 % annually, and saw a 9.37 % increase from the last quarter.
Net Profit showed yearly decrease of -17.14 %, and experienced a 281.25 % increase from the previous quarter. Earnings Per Share (EPS) fell by -27.78 % annually, however rose by 425 % compared to the last quarter. In essence, while Expo Gas Containers Ltd. faces strong annual decline 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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