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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 52.93 % in the past year, substantial increase in net sales/revenue by 290.64 %.
- Income over the Year and quarter: Marginal decrease of -50% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Jain Marmo Industries Ltd.. Notable increase of 6920 % in net profit Year to Year, Jain Marmo Industries Ltd.’s profitability dropped by -616.18 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 5,500.00 % Year to Year. EPS decreased by -609.09 % 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. 0.682 Cr | Rs. 0.267 Cr | Rs. 1.043 Cr | + 290.64 % | + 52.93 % |
Expenses | Rs. 0.61 Cr | Rs. 0.33 Cr | Rs. 0.54 Cr | + 63.64 % | -11.48 % |
Operating Profit | Rs. 0.07 Cr | Rs. -0.06 Cr | Rs. 0.5 Cr | + 933.33 % | + 614.29 % |
OPM % | 10.26 % | -22.47 % | 47.94 % | + 70.41 % | + 37.68 % |
Other Income | Rs. 0.01 Cr | Rs. 0.02 Cr | Rs. 0.01 Cr | -50 % | + 0 % |
Interest | Rs. 0.04 Cr | Rs. 0.03 Cr | Rs. 0.03 Cr | + 0 % | -25 % |
Depreciation | Rs. 0.02 Cr | Rs. 0.02 Cr | Rs. 0.02 Cr | + 0 % | + 0 % |
Profit before tax | Rs. 0.02 Cr | Rs. -0.09 Cr | Rs. 0.46 Cr | + 611.11 % | + 2200 % |
Tax % | 68.42 % | -26.09 % | 25.27 % | + 51.36 % | -43.15 % |
Net Profit | Rs. 0.01 Cr | Rs. -0.07 Cr | Rs. 0.35 Cr | + 600 % | + 3400 % |
EPS in Rs | Rs. 0.02 | Rs. -0.22 | Rs. 1.12 | + 609.09 % | + 5500 % |
Today, we’re looking at Jain Marmo Industries Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 52.93 %. However, it did see a marginal increase of 290.64 % from the previous quarter. Expenses ticked up slightly by 63.64 % quarter-on-quarter, aligning with the annual decline of -11.48 %. Operating profit, while up 614.29 % compared to last year, faced a quarter-on-quarter increase of 933.33 %, 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 37.68 %, but an expansion of 70.41 % sequentially. Other income fell by -50 % compared to the last quarter, despite an annual growth of 0 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year decrease remains at a moderate -25 %. 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 2200 % but saw an increase from the preceding quarter by 611.11 %.
Tax expenses as a percentage of profits decreased slightly by -43.15 % compared to last year, with a more notable quarter-on-quarter increase of 51.36 %. Net profit rose by 3400 % year-on-year but experienced a 600 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 5500 % but a quarterly rise of 609.09 %. In summary, Jain Marmo Industries 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. 0.682 Cr | Rs. 0.267 Cr | Rs. 1.043 Cr | + 290.64 % | + 52.93 % |
Expenses | Rs. 0.61 Cr | Rs. 0.33 Cr | Rs. 0.54 Cr | + 63.64 % | -11.48 % |
Operating Profit | Rs. 0.07 Cr | Rs. -0.06 Cr | Rs. 0.5 Cr | + 933.33 % | + 614.29 % |
Net Profit | Rs. 0.01 Cr | Rs. -0.07 Cr | Rs. 0.35 Cr | + 600 % | + 3400 % |
EPS in Rs | Rs. 0.02 | Rs. -0.22 | Rs. 1.12 | + 609.09 % | + 5500 % |
In reviewing Jain Marmo Industries Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 52.93 % year-on-year growth, however, there was a minor increase of 290.64 % from the previous quarter. Expenses decreased by -11.48 % compared to the previous year, with a 63.64 % increase quarter-on-quarter. Operating Profit surged by 614.29 % annually, and saw a 933.33 % increase from the last quarter.
Net Profit showed yearly increase of 3400 %, and experienced a 600 % increase from the previous quarter. Earnings Per Share (EPS) rose by 5500 % annually, however rose by 609.09 % compared to the last quarter. In essence, while Jain Marmo Industries 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.