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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 experienced a substantial growth of 146.57 % in the past year, decrease in net sales/revenue by -42.91 %.
- 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 443.64 %. Marginal decrease of -15.87% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Jaykay Enterprises Limited. Notable increase of 579.19 % in net profit Year to Year, Jaykay Enterprises Limited’s profitability increased by 2.8 % in this quarter.
- EPS over the Year and quarter: EPS increased by 875.00 % Year to Year. EPS decreased by -12.36 % 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. 6.953 Cr | Rs. 30.031 Cr | Rs. 17.144 Cr | -42.91 % | + 146.57 % |
Expenses | Rs. 6.33 Cr | Rs. 30.14 Cr | Rs. 15.81 Cr | -47.54 % | + 149.76 % |
Operating Profit | Rs. 0.62 Cr | Rs. -0.11 Cr | Rs. 1.33 Cr | + 1309.09 % | + 114.52 % |
OPM % | 8.92 % | -0.37 % | 7.76 % | + 8.13 % | -1.16 % |
Other Income | Rs. 1.18 Cr | Rs. 7.625 Cr | Rs. 6.415 Cr | -15.87 % | + 443.64 % |
Interest | Rs. 0.39 Cr | Rs. 1.21 Cr | Rs. 1.7 Cr | + 40.5 % | + 335.9 % |
Depreciation | Rs. 0.67 Cr | Rs. 0.01 Cr | Rs. 1.02 Cr | + 10100 % | + 52.24 % |
Profit before tax | Rs. 0.74 Cr | Rs. 6.3 Cr | Rs. 5.03 Cr | -20.16 % | + 579.73 % |
Tax % | 0 % | 21.48 % | 0 % | -21.48 % | 0 % |
Net Profit | Rs. 0.74 Cr | Rs. 4.89 Cr | Rs. 5.03 Cr | + 2.86 % | + 579.73 % |
EPS in Rs | Rs. 0.08 | Rs. 0.89 | Rs. 0.78 | -12.36 % | + 875 % |
Today, we’re looking at Jaykay Enterprises Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 146.57 %. However, it did see a marginal slip of -42.91 % from the previous quarter. Expenses decreased slightly by -47.54 % quarter-on-quarter, aligning with the annual rise of 149.76 %. Operating profit, while up 114.52 % compared to last year, faced a quarter-on-quarter increase of 1309.09 %, 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 -1.16 %, but an expansion of 8.13 % sequentially. Other income fell by -15.87 % compared to the last quarter, despite an annual growth of 443.64 %. Interest expenses surged remarkably by 40.5 % from the previous quarter, yet the year-over-year increase remains at a moderate 335.9 %. Depreciation costs climbed by 10100 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 52.24 %. Profit before tax grew annually by 579.73 % but saw a reduction from the preceding quarter by -20.16 %.
with a more notable quarter-on-quarter decrease of -21.48 %. Net profit rose by 579.73 % year-on-year but experienced a 2.86 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 875 % but a quarterly fall of -12.36 %. In summary, Jaykay Enterprises 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. 6.953 Cr | Rs. 30.031 Cr | Rs. 17.144 Cr | -42.91 % | + 146.57 % |
Expenses | Rs. 6.33 Cr | Rs. 30.14 Cr | Rs. 15.81 Cr | -47.54 % | + 149.76 % |
Operating Profit | Rs. 0.62 Cr | Rs. -0.11 Cr | Rs. 1.33 Cr | + 1309.09 % | + 114.52 % |
Net Profit | Rs. 0.74 Cr | Rs. 4.89 Cr | Rs. 5.03 Cr | + 2.86 % | + 579.73 % |
EPS in Rs | Rs. 0.08 | Rs. 0.89 | Rs. 0.78 | -12.36 % | + 875 % |
In reviewing Jaykay Enterprises Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 146.57 % year-on-year growth, although there was a slight dip of -42.91 % from the previous quarter. Expenses rose by 149.76 % compared to the previous year, with a decrease of -47.54 % quarter-on-quarter. Operating Profit surged by 114.52 % annually, and saw a 1309.09 % increase from the last quarter.
Net Profit showed yearly increase of 579.73 %, and experienced a 2.86 % increase from the previous quarter. Earnings Per Share (EPS) rose by 875 % annually, however dipped by -12.36 % compared to the last quarter. In essence, while Jaykay Enterprises 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.
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