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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 106.86 % in the past year, decrease in net sales/revenue by -27.6 %.
- 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 7.51 %. Marginal decrease of -92.88% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Inani Securities Ltd.. Notable increase of 1100 % in net profit Year to Year, Inani Securities Ltd.’s profitability dropped by -97.13 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 14.29 % Year to Year. EPS decreased by -97.09 % 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. 0.175 Cr | Rs. 0.5 Cr | Rs. 0.362 Cr | -27.6 % | + 106.86 % |
Expenses | Rs. 0.26 Cr | Rs. 1.07 Cr | Rs. 0.35 Cr | -67.29 % | + 34.62 % |
Operating Profit | Rs. -0.09 Cr | Rs. -0.57 Cr | Rs. 0.01 Cr | + 101.75 % | + 111.11 % |
OPM % | -51.43 % | -114 % | 2.76 % | + 116.76 % | + 54.19 % |
Other Income | Rs. 0.173 Cr | Rs. 2.611 Cr | Rs. 0.186 Cr | -92.88 % | + 7.51 % |
Interest | Rs. 0.03 Cr | Rs. 0.14 Cr | Rs. 0.08 Cr | -42.86 % | + 166.67 % |
Depreciation | Rs. 0.05 Cr | Rs. 0.19 Cr | Rs. 0.07 Cr | -63.16 % | + 40 % |
Profit before tax | Rs. 0 Cr | Rs. 1.71 Cr | Rs. 0.05 Cr | -97.08 % | 0 % |
Tax % | 25 % | 26.42 % | 27.08 % | + 0.66 % | + 2.08 % |
Net Profit | Rs. 0 Cr | Rs. 1.26 Cr | Rs. 0.04 Cr | -96.83 % | 0 % |
EPS in Rs | Rs. 0.07 | Rs. 2.75 | Rs. 0.08 | -97.09 % | + 14.29 % |
Today, we’re looking at Inani Securities Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 106.86 %. However, it did see a marginal slip of -27.6 % from the previous quarter. Expenses decreased slightly by -67.29 % quarter-on-quarter, aligning with the annual rise of 34.62 %. Operating profit, while up 111.11 % compared to last year, faced a quarter-on-quarter increase of 101.75 %, 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 54.19 %, but an expansion of 116.76 % sequentially. Other income fell by -92.88 % compared to the last quarter, despite an annual growth of 7.51 %. Interest expenses dropped significantly by -42.86 % from the previous quarter, yet the year-over-year increase remains at a moderate 166.67 %. Depreciation costs fell by -63.16 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 40 %. but saw a reduction from the preceding quarter by -97.08 %.
Tax expenses as a percentage of profits increased slightly by 2.08 % compared to last year, with a more notable quarter-on-quarter increase of 0.66 %. but witnessed a -96.83 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 14.29 % but a quarterly fall of -97.09 %. In summary, Inani Securities 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. 0.175 Cr | Rs. 0.5 Cr | Rs. 0.362 Cr | -27.6 % | + 106.86 % |
Expenses | Rs. 0.26 Cr | Rs. 1.07 Cr | Rs. 0.35 Cr | -67.29 % | + 34.62 % |
Operating Profit | Rs. -0.09 Cr | Rs. -0.57 Cr | Rs. 0.01 Cr | + 101.75 % | + 111.11 % |
Net Profit | Rs. 0 Cr | Rs. 1.26 Cr | Rs. 0.04 Cr | -96.83 % | 0 % |
EPS in Rs | Rs. 0.07 | Rs. 2.75 | Rs. 0.08 | -97.09 % | + 14.29 % |
In reviewing Inani Securities Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 106.86 % year-on-year growth, although there was a slight dip of -27.6 % from the previous quarter. Expenses rose by 34.62 % compared to the previous year, with a decrease of -67.29 % quarter-on-quarter. Operating Profit surged by 111.11 % annually, and saw a 101.75 % increase from the last quarter.
and experienced a -96.83 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 14.29 % annually, however dipped by -97.09 % compared to the last quarter. In essence, while Inani Securities 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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