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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -3.24 % over the year, substantial increase in net sales/revenue by 11.72 %.
- 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 77.47 %. Marginal increase in other income during this quarter, up by 75.53%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Indag Rubber Ltd.,. Profit dropped by -28.5 % Year to Year, Indag Rubber Ltd.,’s profitability increased by 216.96 % in this quarter.
- EPS over the Year and quarter: EPS declined by -24.29 % Year to Year. EPS increased by 139.29 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 64.169 Cr | Rs. 55.574 Cr | Rs. 62.089 Cr | + 11.72 % | -3.24 % |
Expenses | Rs. 59.5 Cr | Rs. 54.67 Cr | Rs. 60.64 Cr | + 10.92 % | + 1.92 % |
Operating Profit | Rs. 4.67 Cr | Rs. 0.9 Cr | Rs. 1.45 Cr | + 61.11 % | -68.95 % |
OPM % | 7.28 % | 1.62 % | 2.34 % | + 0.72 % | -4.94 % |
Other Income | Rs. 2.344 Cr | Rs. 2.37 Cr | Rs. 4.16 Cr | + 75.53 % | + 77.47 % |
Interest | Rs. 0.14 Cr | Rs. 0.25 Cr | Rs. 0.25 Cr | + 0 % | + 78.57 % |
Depreciation | Rs. 1.29 Cr | Rs. 1.62 Cr | Rs. 1.66 Cr | + 2.47 % | + 28.68 % |
Profit before tax | Rs. 5.58 Cr | Rs. 1.4 Cr | Rs. 3.7 Cr | + 164.29 % | -33.69 % |
Tax % | 22.24 % | 30.24 % | 16.2 % | -14.04 % | -6.04 % |
Net Profit | Rs. 4.34 Cr | Rs. 0.98 Cr | Rs. 3.1 Cr | + 216.33 % | -28.57 % |
EPS in Rs | Rs. 1.77 | Rs. 0.56 | Rs. 1.34 | + 139.29 % | -24.29 % |
Today, we’re looking at Indag Rubber Ltd.,’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -3.24 %. However, it did see a marginal increase of 11.72 % from the previous quarter. Expenses ticked up slightly by 10.92 % quarter-on-quarter, aligning with the annual rise of 1.92 %. Operating profit, while down -68.95 % compared to last year, faced a quarter-on-quarter increase of 61.11 %, 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 -4.94 %, but an expansion of 0.72 % sequentially. Other income rose by 75.53 % compared to the last quarter, despite an annual growth of 77.47 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 78.57 %. Depreciation costs climbed by 2.47 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 28.68 %. Profit before tax declined annually by -33.69 % but saw an increase from the preceding quarter by 164.29 %.
Tax expenses as a percentage of profits decreased slightly by -6.04 % compared to last year, with a more notable quarter-on-quarter decrease of -14.04 %. Net profit fell by -28.57 % year-on-year but experienced a 216.33 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -24.29 % but a quarterly rise of 139.29 %. In summary, Indag Rubber 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. 64.169 Cr | Rs. 55.574 Cr | Rs. 62.089 Cr | + 11.72 % | -3.24 % |
Expenses | Rs. 59.5 Cr | Rs. 54.67 Cr | Rs. 60.64 Cr | + 10.92 % | + 1.92 % |
Operating Profit | Rs. 4.67 Cr | Rs. 0.9 Cr | Rs. 1.45 Cr | + 61.11 % | -68.95 % |
Net Profit | Rs. 4.34 Cr | Rs. 0.98 Cr | Rs. 3.1 Cr | + 216.33 % | -28.57 % |
EPS in Rs | Rs. 1.77 | Rs. 0.56 | Rs. 1.34 | + 139.29 % | -24.29 % |
In reviewing Indag Rubber Ltd.,’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -3.24 % year-on-year, however, there was a minor increase of 11.72 % from the previous quarter. Expenses rose by 1.92 % compared to the previous year, with a 10.92 % increase quarter-on-quarter. Operating Profit dropped by -68.95 % annually, and saw a 61.11 % increase from the last quarter.
Net Profit showed yearly decrease of -28.57 %, and experienced a 216.33 % increase from the previous quarter. Earnings Per Share (EPS) fell by -24.29 % annually, however rose by 139.29 % compared to the last quarter. In essence, while Indag Rubber 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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