Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 82.12 % in the past year, substantial increase in net sales/revenue by 34.8 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is %, Marginal decrease of % in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Golden Carpets Limited.. Profit dropped by -174.49 % Year to Year, Golden Carpets Limited.’s profitability dropped by -287.18 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -26.67 % Year to Year. EPS decreased by -283.33 % 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. 0.151 Cr | Rs. 0.204 Cr | Rs. 0.275 Cr | + 34.8 % | + 82.12 % |
| Expenses | Rs. 0.22 Cr | Rs. 0.22 Cr | Rs. 0.16 Cr | -27.27 % | -27.27 % |
| Operating Profit | Rs. -0.07 Cr | Rs. -0.02 Cr | Rs. 0.12 Cr | + 700 % | + 271.43 % |
| OPM % | -46.36 % | -9.8 % | 43.64 % | + 53.44 % | + 90 % |
| Other Income | Rs. 0 Cr | Rs. 0 Cr | Rs. 0.02 Cr | 0 % | 0 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.03 Cr | Rs. 0.03 Cr | Rs. 0.06 Cr | + 100 % | + 100 % |
| Profit before tax | Rs. -0.1 Cr | Rs. -0.05 Cr | Rs. 0.08 Cr | + 260 % | + 180 % |
| Tax % | -0 % | -0 % | 0 % | 0 % | 0 % |
| Net Profit | Rs. -0.1 Cr | Rs. -0.04 Cr | Rs. 0.07 Cr | + 275 % | + 170 % |
| EPS in Rs | Rs. -0.15 | Rs. -0.06 | Rs. 0.11 | + 283.33 % | + 173.33 % |
Today, we’re looking at Golden Carpets Limited.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 82.12 %. However, it did see a marginal increase of 34.8 % from the previous quarter. Expenses decreased slightly by -27.27 % quarter-on-quarter, aligning with the annual decline of -27.27 %. Operating profit, while up 271.43 % compared to last year, faced a quarter-on-quarter increase of 700 %, 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 90 %, but an expansion of 53.44 % sequentially. Depreciation costs climbed by 100 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 100 %. Profit before tax grew annually by 180 % but saw an increase from the preceding quarter by 260 %.
Net profit rose by 170 % year-on-year but experienced a 275 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 173.33 % but a quarterly rise of 283.33 %. In summary, Golden Carpets 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. 0.151 Cr | Rs. 0.204 Cr | Rs. 0.275 Cr | + 34.8 % | + 82.12 % |
| Expenses | Rs. 0.22 Cr | Rs. 0.22 Cr | Rs. 0.16 Cr | -27.27 % | -27.27 % |
| Operating Profit | Rs. -0.07 Cr | Rs. -0.02 Cr | Rs. 0.12 Cr | + 700 % | + 271.43 % |
| Net Profit | Rs. -0.1 Cr | Rs. -0.04 Cr | Rs. 0.07 Cr | + 275 % | + 170 % |
| EPS in Rs | Rs. -0.15 | Rs. -0.06 | Rs. 0.11 | + 283.33 % | + 173.33 % |
In reviewing Golden Carpets Limited.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 82.12 % year-on-year growth, however, there was a minor increase of 34.8 % from the previous quarter. Expenses decreased by -27.27 % compared to the previous year, with a decrease of -27.27 % quarter-on-quarter. Operating Profit surged by 271.43 % annually, and saw a 700 % increase from the last quarter.
Net Profit showed yearly increase of 170 %, and experienced a 275 % increase from the previous quarter. Earnings Per Share (EPS) rose by 173.33 % annually, however rose by 283.33 % compared to the last quarter. In essence, while Golden Carpets 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.
