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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 -22.61 % over the year, decrease in net sales/revenue by -45.62 %.
- 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 32.54 %. Marginal increase in other income during this quarter, up by 257.75%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Kabra Commercial Limited. Profit dropped by -788.46 % Year to Year, Kabra Commercial Limited’s profitability dropped by -2657.14 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -797.14 % Year to Year. EPS decreased by -2540 % 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. 4.118 Cr | Rs. 5.861 Cr | Rs. 3.187 Cr | -45.62 % | -22.61 % |
Expenses | Rs. 4.33 Cr | Rs. 5.18 Cr | Rs. 2.39 Cr | -53.86 % | -44.8 % |
Operating Profit | Rs. -0.21 Cr | Rs. 0.68 Cr | Rs. 0.8 Cr | + 17.65 % | + 480.95 % |
OPM % | -5.1 % | 11.6 % | 25.1 % | + 13.5 % | + 30.2 % |
Other Income | Rs. 0.338 Cr | Rs. -0.284 Cr | Rs. 0.448 Cr | + 257.75 % | + 32.54 % |
Interest | Rs. 0.19 Cr | Rs. 0.24 Cr | Rs. 0.21 Cr | -12.5 % | + 10.53 % |
Depreciation | Rs. 0.01 Cr | Rs. 0.02 Cr | Rs. 0.01 Cr | -50 % | + 0 % |
Profit before tax | Rs. -0.07 Cr | Rs. 0.14 Cr | Rs. 1.03 Cr | + 635.71 % | + 1571.43 % |
Tax % | -51.47 % | 118.88 % | 30.08 % | -88.8 % | + 81.55 % |
Net Profit | Rs. -0.1 Cr | Rs. -0.03 Cr | Rs. 0.72 Cr | + 2500 % | + 820 % |
EPS in Rs | Rs. -0.35 | Rs. -0.1 | Rs. 2.44 | + 2540 % | + 797.14 % |
Today, we’re looking at Kabra Commercial 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 -22.61 %. However, it did see a marginal slip of -45.62 % from the previous quarter. Expenses decreased slightly by -53.86 % quarter-on-quarter, aligning with the annual decline of -44.8 %. Operating profit, while up 480.95 % compared to last year, faced a quarter-on-quarter increase of 17.65 %, 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 30.2 %, but an expansion of 13.5 % sequentially. Other income rose by 257.75 % compared to the last quarter, despite an annual growth of 32.54 %. Interest expenses dropped significantly by -12.5 % from the previous quarter, yet the year-over-year increase remains at a moderate 10.53 %. Depreciation costs fell by -50 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 1571.43 % but saw an increase from the preceding quarter by 635.71 %.
Tax expenses as a percentage of profits increased slightly by 81.55 % compared to last year, with a more notable quarter-on-quarter decrease of -88.8 %. Net profit rose by 820 % year-on-year but experienced a 2500 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 797.14 % but a quarterly rise of 2540 %. In summary, Kabra Commercial 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. 4.118 Cr | Rs. 5.861 Cr | Rs. 3.187 Cr | -45.62 % | -22.61 % |
Expenses | Rs. 4.33 Cr | Rs. 5.18 Cr | Rs. 2.39 Cr | -53.86 % | -44.8 % |
Operating Profit | Rs. -0.21 Cr | Rs. 0.68 Cr | Rs. 0.8 Cr | + 17.65 % | + 480.95 % |
Net Profit | Rs. -0.1 Cr | Rs. -0.03 Cr | Rs. 0.72 Cr | + 2500 % | + 820 % |
EPS in Rs | Rs. -0.35 | Rs. -0.1 | Rs. 2.44 | + 2540 % | + 797.14 % |
In reviewing Kabra Commercial Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -22.61 % year-on-year, although there was a slight dip of -45.62 % from the previous quarter. Expenses decreased by -44.8 % compared to the previous year, with a decrease of -53.86 % quarter-on-quarter. Operating Profit surged by 480.95 % annually, and saw a 17.65 % increase from the last quarter.
Net Profit showed yearly increase of 820 %, and experienced a 2500 % increase from the previous quarter. Earnings Per Share (EPS) rose by 797.14 % annually, however rose by 2540 % compared to the last quarter. In essence, while Kabra Commercial 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.