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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 266.39 % in the past year, substantial increase in net sales/revenue by 47.49 %.
- Profit over the Year and quarter: Significant improvement in profitability for Franklin Industries Limited. Notable increase of 837.65 % in net profit Year to Year, Franklin Industries Limited’s profitability dropped by -0.14 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -41.32 % Year to Year. EPS decreased by -93.74 % 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. 7.269 Cr | Rs. 18.057 Cr | Rs. 26.633 Cr | + 47.49 % | + 266.39 % |
Expenses | Rs. 6.52 Cr | Rs. 13.53 Cr | Rs. 20.66 Cr | + 52.7 % | + 216.87 % |
Operating Profit | Rs. 0.75 Cr | Rs. 4.53 Cr | Rs. 5.97 Cr | + 31.79 % | + 696 % |
OPM % | 10.32 % | 25.09 % | 22.42 % | -2.67 % | + 12.1 % |
Other Income | Rs. 0.074 Cr | Rs. 0.299 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | + 0 % |
Profit before tax | Rs. 0.81 Cr | Rs. 4.82 Cr | Rs. 5.96 Cr | + 23.65 % | + 635.8 % |
Tax % | 26.04 % | 17.4 % | 5.25 % | -12.15 % | -20.79 % |
Net Profit | Rs. 0.6 Cr | Rs. 5.66 Cr | Rs. 5.65 Cr | -0.18 % | + 841.67 % |
EPS in Rs | Rs. 1.67 | Rs. 15.66 | Rs. 0.98 | -93.74 % | -41.32 % |
Today, we’re looking at Franklin Industries 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 266.39 %. However, it did see a marginal increase of 47.49 % from the previous quarter. Expenses ticked up slightly by 52.7 % quarter-on-quarter, aligning with the annual rise of 216.87 %. Operating profit, while up 696 % compared to last year, faced a quarter-on-quarter increase of 31.79 %, 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 12.1 %, but a shrinkage of -2.67 % 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 635.8 % but saw an increase from the preceding quarter by 23.65 %.
Tax expenses as a percentage of profits decreased slightly by -20.79 % compared to last year, with a more notable quarter-on-quarter decrease of -12.15 %. Net profit rose by 841.67 % year-on-year but witnessed a -0.18 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -41.32 % but a quarterly fall of -93.74 %. In summary, Franklin Industries 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. 7.269 Cr | Rs. 18.057 Cr | Rs. 26.633 Cr | + 47.49 % | + 266.39 % |
Expenses | Rs. 6.52 Cr | Rs. 13.53 Cr | Rs. 20.66 Cr | + 52.7 % | + 216.87 % |
Operating Profit | Rs. 0.75 Cr | Rs. 4.53 Cr | Rs. 5.97 Cr | + 31.79 % | + 696 % |
Net Profit | Rs. 0.6 Cr | Rs. 5.66 Cr | Rs. 5.65 Cr | -0.18 % | + 841.67 % |
EPS in Rs | Rs. 1.67 | Rs. 15.66 | Rs. 0.98 | -93.74 % | -41.32 % |
In reviewing Franklin Industries Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 266.39 % year-on-year growth, however, there was a minor increase of 47.49 % from the previous quarter. Expenses rose by 216.87 % compared to the previous year, with a 52.7 % increase quarter-on-quarter. Operating Profit surged by 696 % annually, and saw a 31.79 % increase from the last quarter.
Net Profit showed yearly increase of 841.67 %, and experienced a -0.18 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -41.32 % annually, however dipped by -93.74 % compared to the last quarter. In essence, while Franklin Industries Limited 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.
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