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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 15.53 % in the past year, substantial increase in net sales/revenue by 0.31 %.
- 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 38.13 %. Marginal increase in other income during this quarter, up by 197.36%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Kerala Ayurveda Limited. Profit dropped by -251.82 % Year to Year, Kerala Ayurveda Limited’s profitability increased by 350.98 % in this quarter.
- EPS over the Year and quarter: EPS declined by -222.22 % Year to Year. EPS decreased by -197.06 % 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. 23.78 Cr | Rs. 27.388 Cr | Rs. 27.474 Cr | + 0.31 % | + 15.53 % |
| Expenses | Rs. 22.25 Cr | Rs. 24.33 Cr | Rs. 26.67 Cr | + 9.62 % | + 19.87 % |
| Operating Profit | Rs. 1.53 Cr | Rs. 3.06 Cr | Rs. 0.8 Cr | -73.86 % | -47.71 % |
| OPM % | 6.43 % | 11.17 % | 2.91 % | -8.26 % | -3.52 % |
| Other Income | Rs. 0.16 Cr | Rs. -0.227 Cr | Rs. 0.221 Cr | + 197.36 % | + 38.13 % |
| Interest | Rs. 1.51 Cr | Rs. 1.69 Cr | Rs. 0.46 Cr | -72.78 % | -69.54 % |
| Depreciation | Rs. 0.33 Cr | Rs. 0.35 Cr | Rs. 0.36 Cr | + 2.86 % | + 9.09 % |
| Profit before tax | Rs. -0.15 Cr | Rs. 0.79 Cr | Rs. 0.2 Cr | -74.68 % | + 233.33 % |
| Tax % | -107.53 % | 87.03 % | 120.1 % | + 33.07 % | + 227.63 % |
| Net Profit | Rs. -0.3 Cr | Rs. 0.1 Cr | Rs. 0.46 Cr | + 360 % | + 253.33 % |
| EPS in Rs | Rs. -0.27 | Rs. 0.34 | Rs. 0.33 | -2.94 % | + 222.22 % |
Today, we’re looking at Kerala Ayurveda 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 15.53 %. However, it did see a marginal increase of 0.31 % from the previous quarter. Expenses ticked up slightly by 9.62 % quarter-on-quarter, aligning with the annual rise of 19.87 %. Operating profit, while down -47.71 % compared to last year, faced a quarter-on-quarter dip of -73.86 %, 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 -3.52 %, but a shrinkage of -8.26 % sequentially. Other income rose by 197.36 % compared to the last quarter, despite an annual growth of 38.13 %. Interest expenses dropped significantly by -72.78 % from the previous quarter, yet the year-over-year decrease remains at a moderate -69.54 %. Depreciation costs climbed by 2.86 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 9.09 %. Profit before tax grew annually by 233.33 % but saw a reduction from the preceding quarter by -74.68 %.
Tax expenses as a percentage of profits increased slightly by 227.63 % compared to last year, with a more notable quarter-on-quarter increase of 33.07 %. Net profit rose by 253.33 % year-on-year but experienced a 360 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 222.22 % but a quarterly fall of -2.94 %. In summary, Kerala Ayurveda 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. 23.78 Cr | Rs. 27.388 Cr | Rs. 27.474 Cr | + 0.31 % | + 15.53 % |
| Expenses | Rs. 22.25 Cr | Rs. 24.33 Cr | Rs. 26.67 Cr | + 9.62 % | + 19.87 % |
| Operating Profit | Rs. 1.53 Cr | Rs. 3.06 Cr | Rs. 0.8 Cr | -73.86 % | -47.71 % |
| Net Profit | Rs. -0.3 Cr | Rs. 0.1 Cr | Rs. 0.46 Cr | + 360 % | + 253.33 % |
| EPS in Rs | Rs. -0.27 | Rs. 0.34 | Rs. 0.33 | -2.94 % | + 222.22 % |
In reviewing Kerala Ayurveda Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 15.53 % year-on-year growth, however, there was a minor increase of 0.31 % from the previous quarter. Expenses rose by 19.87 % compared to the previous year, with a 9.62 % increase quarter-on-quarter. Operating Profit dropped by -47.71 % annually, and saw a -73.86 % decrease from the last quarter.
Net Profit showed yearly increase of 253.33 %, and experienced a 360 % increase from the previous quarter. Earnings Per Share (EPS) rose by 222.22 % annually, however dipped by -2.94 % compared to the last quarter. In essence, while Kerala Ayurveda Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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