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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 173.82 % in the past year, substantial increase in net sales/revenue by 24.15 %.
- 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 2.53 %. Marginal increase in other income during this quarter, up by 21.06%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Ishan Dyes & Chemicals Ltd.. Profit dropped by -149.69 % Year to Year, Ishan Dyes & Chemicals Ltd.’s profitability dropped by -76.09 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -198.82 % Year to Year. EPS decreased by -52.27 % 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. 12.042 Cr | Rs. 26.558 Cr | Rs. 32.973 Cr | + 24.15 % | + 173.82 % |
Expenses | Rs. 13.17 Cr | Rs. 22.08 Cr | Rs. 31.04 Cr | + 40.58 % | + 135.69 % |
Operating Profit | Rs. -1.13 Cr | Rs. 4.48 Cr | Rs. 1.93 Cr | -56.92 % | + 270.8 % |
OPM % | -9.38 % | 16.87 % | 5.85 % | -11.02 % | + 15.23 % |
Other Income | Rs. 0.712 Cr | Rs. 0.603 Cr | Rs. 0.73 Cr | + 21.06 % | + 2.53 % |
Interest | Rs. 0.61 Cr | Rs. 0.83 Cr | Rs. 1.12 Cr | + 34.94 % | + 83.61 % |
Depreciation | Rs. 0.7 Cr | Rs. 0.71 Cr | Rs. 0.63 Cr | -11.27 % | -10 % |
Profit before tax | Rs. -1.73 Cr | Rs. 3.54 Cr | Rs. 0.91 Cr | -74.29 % | + 152.6 % |
Tax % | -2.6 % | 3.86 % | 3.4 % | -0.46 % | + 6 % |
Net Profit | Rs. -1.77 Cr | Rs. 3.68 Cr | Rs. 0.88 Cr | -76.09 % | + 149.72 % |
EPS in Rs | Rs. -0.85 | Rs. 1.76 | Rs. 0.84 | -52.27 % | + 198.82 % |
Today, we’re looking at Ishan Dyes & Chemicals 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 173.82 %. However, it did see a marginal increase of 24.15 % from the previous quarter. Expenses ticked up slightly by 40.58 % quarter-on-quarter, aligning with the annual rise of 135.69 %. Operating profit, while up 270.8 % compared to last year, faced a quarter-on-quarter dip of -56.92 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 15.23 %, but a shrinkage of -11.02 % sequentially. Other income rose by 21.06 % compared to the last quarter, despite an annual growth of 2.53 %. Interest expenses surged remarkably by 34.94 % from the previous quarter, yet the year-over-year increase remains at a moderate 83.61 %. Depreciation costs fell by -11.27 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -10 %. Profit before tax grew annually by 152.6 % but saw a reduction from the preceding quarter by -74.29 %.
Tax expenses as a percentage of profits increased slightly by 6 % compared to last year, with a more notable quarter-on-quarter decrease of -0.46 %. Net profit rose by 149.72 % year-on-year but witnessed a -76.09 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 198.82 % but a quarterly fall of -52.27 %. In summary, Ishan Dyes & Chemicals 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. 12.042 Cr | Rs. 26.558 Cr | Rs. 32.973 Cr | + 24.15 % | + 173.82 % |
Expenses | Rs. 13.17 Cr | Rs. 22.08 Cr | Rs. 31.04 Cr | + 40.58 % | + 135.69 % |
Operating Profit | Rs. -1.13 Cr | Rs. 4.48 Cr | Rs. 1.93 Cr | -56.92 % | + 270.8 % |
Net Profit | Rs. -1.77 Cr | Rs. 3.68 Cr | Rs. 0.88 Cr | -76.09 % | + 149.72 % |
EPS in Rs | Rs. -0.85 | Rs. 1.76 | Rs. 0.84 | -52.27 % | + 198.82 % |
In reviewing Ishan Dyes & Chemicals Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 173.82 % year-on-year growth, however, there was a minor increase of 24.15 % from the previous quarter. Expenses rose by 135.69 % compared to the previous year, with a 40.58 % increase quarter-on-quarter. Operating Profit surged by 270.8 % annually, and saw a -56.92 % decrease from the last quarter.
Net Profit showed yearly increase of 149.72 %, and experienced a -76.09 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 198.82 % annually, however dipped by -52.27 % compared to the last quarter. In essence, while Ishan Dyes & Chemicals Ltd. 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.