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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’s sales declined by -57.82 % over the year, decrease in net sales/revenue by -36.57 %.
- 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 117.23 %. Marginal decrease of -14.87% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for JOHN COCKERILL INDIA LIMITED. Profit dropped by -100.65 % Year to Year, JOHN COCKERILL INDIA LIMITED’s profitability dropped by -100.77 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -100.68 % Year to Year. EPS decreased by -100.82 % 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. 221.16 Cr | Rs. 147.064 Cr | Rs. 93.287 Cr | -36.57 % | -57.82 % |
Expenses | Rs. 213.98 Cr | Rs. 142.31 Cr | Rs. 92.71 Cr | -34.85 % | -56.67 % |
Operating Profit | Rs. 7.18 Cr | Rs. 4.75 Cr | Rs. 0.58 Cr | -87.79 % | -91.92 % |
OPM % | 3.25 % | 3.23 % | 0.62 % | -2.61 % | -2.63 % |
Other Income | Rs. 0.685 Cr | Rs. 1.748 Cr | Rs. 1.488 Cr | -14.87 % | + 117.23 % |
Interest | Rs. 0.74 Cr | Rs. 0.46 Cr | Rs. 0.53 Cr | + 15.22 % | -28.38 % |
Depreciation | Rs. 1.34 Cr | Rs. 1.33 Cr | Rs. 1.55 Cr | + 16.54 % | + 15.67 % |
Profit before tax | Rs. 5.79 Cr | Rs. 4.71 Cr | Rs. -0.01 Cr | -100.21 % | -100.17 % |
Tax % | 25.07 % | 23.22 % | -75 % | -98.22 % | -100.07 % |
Net Profit | Rs. 4.34 Cr | Rs. 3.62 Cr | Rs. -0.03 Cr | -100.83 % | -100.69 % |
EPS in Rs | Rs. 8.78 | Rs. 7.33 | Rs. -0.06 | -100.82 % | -100.68 % |
Today, we’re looking at JOHN COCKERILL INDIA LIMITED’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -57.82 %. However, it did see a marginal slip of -36.57 % from the previous quarter. Expenses decreased slightly by -34.85 % quarter-on-quarter, aligning with the annual decline of -56.67 %. Operating profit, while down -91.92 % compared to last year, faced a quarter-on-quarter dip of -87.79 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -2.63 %, but a shrinkage of -2.61 % sequentially. Other income fell by -14.87 % compared to the last quarter, despite an annual growth of 117.23 %. Interest expenses surged remarkably by 15.22 % from the previous quarter, yet the year-over-year decrease remains at a moderate -28.38 %. Depreciation costs climbed by 16.54 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 15.67 %. Profit before tax declined annually by -100.17 % but saw a reduction from the preceding quarter by -100.21 %.
Tax expenses as a percentage of profits decreased slightly by -100.07 % compared to last year, with a more notable quarter-on-quarter decrease of -98.22 %. Net profit fell by -100.69 % year-on-year but witnessed a -100.83 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -100.68 % but a quarterly fall of -100.82 %. In summary, JOHN COCKERILL INDIA 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. 221.16 Cr | Rs. 147.064 Cr | Rs. 93.287 Cr | -36.57 % | -57.82 % |
Expenses | Rs. 213.98 Cr | Rs. 142.31 Cr | Rs. 92.71 Cr | -34.85 % | -56.67 % |
Operating Profit | Rs. 7.18 Cr | Rs. 4.75 Cr | Rs. 0.58 Cr | -87.79 % | -91.92 % |
Net Profit | Rs. 4.34 Cr | Rs. 3.62 Cr | Rs. -0.03 Cr | -100.83 % | -100.69 % |
EPS in Rs | Rs. 8.78 | Rs. 7.33 | Rs. -0.06 | -100.82 % | -100.68 % |
In reviewing JOHN COCKERILL INDIA LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -57.82 % year-on-year, although there was a slight dip of -36.57 % from the previous quarter. Expenses decreased by -56.67 % compared to the previous year, with a decrease of -34.85 % quarter-on-quarter. Operating Profit dropped by -91.92 % annually, and saw a -87.79 % decrease from the last quarter.
Net Profit showed yearly decrease of -100.69 %, and experienced a -100.83 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -100.68 % annually, however dipped by -100.82 % compared to the last quarter. In essence, while JOHN COCKERILL INDIA LIMITED faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.