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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’s sales declined by -2.59 % over the year, substantial increase in net sales/revenue by 7.14 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -0.33 %, Marginal decrease of -51.01% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Khadim India Limited. Profit dropped by -60.49 % Year to Year, Khadim India Limited’s profitability dropped by -36.59 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -60.87 % Year to Year. EPS decreased by -36.84 % 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. 157.98 Cr | Rs. 143.636 Cr | Rs. 153.893 Cr | + 7.14 % | -2.59 % |
Expenses | Rs. 139.71 Cr | Rs. 126.82 Cr | Rs. 136.51 Cr | + 7.64 % | -2.29 % |
Operating Profit | Rs. 18.27 Cr | Rs. 16.82 Cr | Rs. 17.38 Cr | + 3.33 % | -4.87 % |
OPM % | 11.56 % | 11.71 % | 11.29 % | -0.42 % | -0.27 % |
Other Income | Rs. 1.529 Cr | Rs. 3.111 Cr | Rs. 1.524 Cr | -51.01 % | -0.33 % |
Interest | Rs. 7.49 Cr | Rs. 8.46 Cr | Rs. 7.74 Cr | -8.51 % | + 3.34 % |
Depreciation | Rs. 10.1 Cr | Rs. 10.08 Cr | Rs. 10.26 Cr | + 1.79 % | + 1.58 % |
Profit before tax | Rs. 2.21 Cr | Rs. 1.39 Cr | Rs. 0.9 Cr | -35.25 % | -59.28 % |
Tax % | 25.87 % | 26.36 % | 28.18 % | + 1.82 % | + 2.31 % |
Net Profit | Rs. 1.65 Cr | Rs. 1.03 Cr | Rs. 0.65 Cr | -36.89 % | -60.61 % |
EPS in Rs | Rs. 0.92 | Rs. 0.57 | Rs. 0.36 | -36.84 % | -60.87 % |
Today, we’re looking at Khadim 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 -2.59 %. However, it did see a marginal increase of 7.14 % from the previous quarter. Expenses ticked up slightly by 7.64 % quarter-on-quarter, aligning with the annual decline of -2.29 %. Operating profit, while down -4.87 % compared to last year, faced a quarter-on-quarter increase of 3.33 %, 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 -0.27 %, but a shrinkage of -0.42 % sequentially. Other income fell by -51.01 % compared to the last quarter, despite an annual decline of -0.33 %. Interest expenses dropped significantly by -8.51 % from the previous quarter, yet the year-over-year increase remains at a moderate 3.34 %. Depreciation costs climbed by 1.79 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 1.58 %. Profit before tax declined annually by -59.28 % but saw a reduction from the preceding quarter by -35.25 %.
Tax expenses as a percentage of profits increased slightly by 2.31 % compared to last year, with a more notable quarter-on-quarter increase of 1.82 %. Net profit fell by -60.61 % year-on-year but witnessed a -36.89 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -60.87 % but a quarterly fall of -36.84 %. In summary, Khadim 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. 157.98 Cr | Rs. 143.636 Cr | Rs. 153.893 Cr | + 7.14 % | -2.59 % |
Expenses | Rs. 139.71 Cr | Rs. 126.82 Cr | Rs. 136.51 Cr | + 7.64 % | -2.29 % |
Operating Profit | Rs. 18.27 Cr | Rs. 16.82 Cr | Rs. 17.38 Cr | + 3.33 % | -4.87 % |
Net Profit | Rs. 1.65 Cr | Rs. 1.03 Cr | Rs. 0.65 Cr | -36.89 % | -60.61 % |
EPS in Rs | Rs. 0.92 | Rs. 0.57 | Rs. 0.36 | -36.84 % | -60.87 % |
In reviewing Khadim India Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -2.59 % year-on-year, however, there was a minor increase of 7.14 % from the previous quarter. Expenses decreased by -2.29 % compared to the previous year, with a 7.64 % increase quarter-on-quarter. Operating Profit dropped by -4.87 % annually, and saw a 3.33 % increase from the last quarter.
Net Profit showed yearly decrease of -60.61 %, and experienced a -36.89 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -60.87 % annually, however dipped by -36.84 % compared to the last quarter. In essence, while Khadim 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.