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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 -8.12 % over the year, decrease in net sales/revenue by -15.98 %.
- 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 267.5 %. Marginal decrease of -97.06% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Kamadgiri Fashion Limited. Profit dropped by -110 % Year to Year, Kamadgiri Fashion Limited’s profitability dropped by -93.43 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -110.12 % Year to Year. EPS decreased by -93.35 % 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. 50.407 Cr | Rs. 55.122 Cr | Rs. 46.315 Cr | -15.98 % | -8.12 % |
Expenses | Rs. 50.04 Cr | Rs. 53.28 Cr | Rs. 43.87 Cr | -17.66 % | -12.33 % |
Operating Profit | Rs. 0.37 Cr | Rs. 1.84 Cr | Rs. 2.45 Cr | + 33.15 % | + 562.16 % |
OPM % | 0.73 % | 3.34 % | 5.29 % | + 1.95 % | + 4.56 % |
Other Income | Rs. 0.04 Cr | Rs. 5.003 Cr | Rs. 0.147 Cr | -97.06 % | + 267.5 % |
Interest | Rs. 1.66 Cr | Rs. 1.99 Cr | Rs. 1.36 Cr | -31.66 % | -18.07 % |
Depreciation | Rs. 1.18 Cr | Rs. 1.16 Cr | Rs. 1.01 Cr | -12.93 % | -14.41 % |
Profit before tax | Rs. -2.43 Cr | Rs. 3.69 Cr | Rs. 0.23 Cr | -93.77 % | + 109.47 % |
Tax % | -37.81 % | 37.78 % | 31.19 % | -6.59 % | + 69 % |
Net Profit | Rs. -1.51 Cr | Rs. 2.3 Cr | Rs. 0.15 Cr | -93.48 % | + 109.93 % |
EPS in Rs | Rs. -2.57 | Rs. 3.91 | Rs. 0.26 | -93.35 % | + 110.12 % |
Today, we’re looking at Kamadgiri Fashion 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 -8.12 %. However, it did see a marginal slip of -15.98 % from the previous quarter. Expenses decreased slightly by -17.66 % quarter-on-quarter, aligning with the annual decline of -12.33 %. Operating profit, while up 562.16 % compared to last year, faced a quarter-on-quarter increase of 33.15 %, 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 4.56 %, but an expansion of 1.95 % sequentially. Other income fell by -97.06 % compared to the last quarter, despite an annual growth of 267.5 %. Interest expenses dropped significantly by -31.66 % from the previous quarter, yet the year-over-year decrease remains at a moderate -18.07 %. Depreciation costs fell by -12.93 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -14.41 %. Profit before tax grew annually by 109.47 % but saw a reduction from the preceding quarter by -93.77 %.
Tax expenses as a percentage of profits increased slightly by 69 % compared to last year, with a more notable quarter-on-quarter decrease of -6.59 %. Net profit rose by 109.93 % year-on-year but witnessed a -93.48 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 110.12 % but a quarterly fall of -93.35 %. In summary, Kamadgiri Fashion 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. 50.407 Cr | Rs. 55.122 Cr | Rs. 46.315 Cr | -15.98 % | -8.12 % |
Expenses | Rs. 50.04 Cr | Rs. 53.28 Cr | Rs. 43.87 Cr | -17.66 % | -12.33 % |
Operating Profit | Rs. 0.37 Cr | Rs. 1.84 Cr | Rs. 2.45 Cr | + 33.15 % | + 562.16 % |
Net Profit | Rs. -1.51 Cr | Rs. 2.3 Cr | Rs. 0.15 Cr | -93.48 % | + 109.93 % |
EPS in Rs | Rs. -2.57 | Rs. 3.91 | Rs. 0.26 | -93.35 % | + 110.12 % |
In reviewing Kamadgiri Fashion Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -8.12 % year-on-year, although there was a slight dip of -15.98 % from the previous quarter. Expenses decreased by -12.33 % compared to the previous year, with a decrease of -17.66 % quarter-on-quarter. Operating Profit surged by 562.16 % annually, and saw a 33.15 % increase from the last quarter.
Net Profit showed yearly increase of 109.93 %, and experienced a -93.48 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 110.12 % annually, however dipped by -93.35 % compared to the last quarter. In essence, while Kamadgiri Fashion 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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