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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 experienced a substantial growth of 10.68 % in the past year, substantial increase in net sales/revenue by 31.95 %.
- 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 8.35 %. Marginal increase in other income during this quarter, up by 15.05%.
- Profit over the Year and quarter: Significant improvement in profitability for Lambodhara Textiles Ltd.. Notable increase of 10.97 % in net profit Year to Year, Lambodhara Textiles Ltd.’s profitability increased by 33.89 % in this quarter.
- EPS over the Year and quarter: EPS increased by 10.84 % Year to Year. EPS increased by 33.33 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 50.2 Cr | Rs. 42.106 Cr | Rs. 55.559 Cr | + 31.95 % | + 10.68 % |
Expenses | Rs. 45.35 Cr | Rs. 38.67 Cr | Rs. 50.54 Cr | + 30.7 % | + 11.44 % |
Operating Profit | Rs. 4.85 Cr | Rs. 3.44 Cr | Rs. 5.02 Cr | + 45.93 % | + 3.51 % |
OPM % | 9.66 % | 8.17 % | 9.04 % | + 0.87 % | -0.62 % |
Other Income | Rs. 1.305 Cr | Rs. 1.229 Cr | Rs. 1.414 Cr | + 15.05 % | + 8.35 % |
Interest | Rs. 0.51 Cr | Rs. 1.12 Cr | Rs. 0.82 Cr | -26.79 % | + 60.78 % |
Depreciation | Rs. 2.62 Cr | Rs. 2.8 Cr | Rs. 2.67 Cr | -4.64 % | + 1.91 % |
Profit before tax | Rs. 3.03 Cr | Rs. 0.75 Cr | Rs. 2.94 Cr | + 292 % | -2.97 % |
Tax % | 43.12 % | 93.76 % | 34.97 % | -58.79 % | -8.15 % |
Net Profit | Rs. 1.72 Cr | Rs. 1.43 Cr | Rs. 1.91 Cr | + 33.57 % | + 11.05 % |
EPS in Rs | Rs. 1.66 | Rs. 1.38 | Rs. 1.84 | + 33.33 % | + 10.84 % |
Today, we’re looking at Lambodhara Textiles Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 10.68 %. However, it did see a marginal increase of 31.95 % from the previous quarter. Expenses ticked up slightly by 30.7 % quarter-on-quarter, aligning with the annual rise of 11.44 %. Operating profit, while up 3.51 % compared to last year, faced a quarter-on-quarter increase of 45.93 %, 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 -0.62 %, but an expansion of 0.87 % sequentially. Other income rose by 15.05 % compared to the last quarter, despite an annual growth of 8.35 %. Interest expenses dropped significantly by -26.79 % from the previous quarter, yet the year-over-year increase remains at a moderate 60.78 %. Depreciation costs fell by -4.64 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 1.91 %. Profit before tax declined annually by -2.97 % but saw an increase from the preceding quarter by 292 %.
Tax expenses as a percentage of profits decreased slightly by -8.15 % compared to last year, with a more notable quarter-on-quarter decrease of -58.79 %. Net profit rose by 11.05 % year-on-year but experienced a 33.57 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 10.84 % but a quarterly rise of 33.33 %. In summary, Lambodhara Textiles Ltd.’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. 50.2 Cr | Rs. 42.106 Cr | Rs. 55.559 Cr | + 31.95 % | + 10.68 % |
Expenses | Rs. 45.35 Cr | Rs. 38.67 Cr | Rs. 50.54 Cr | + 30.7 % | + 11.44 % |
Operating Profit | Rs. 4.85 Cr | Rs. 3.44 Cr | Rs. 5.02 Cr | + 45.93 % | + 3.51 % |
Net Profit | Rs. 1.72 Cr | Rs. 1.43 Cr | Rs. 1.91 Cr | + 33.57 % | + 11.05 % |
EPS in Rs | Rs. 1.66 | Rs. 1.38 | Rs. 1.84 | + 33.33 % | + 10.84 % |
In reviewing Lambodhara Textiles Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 10.68 % year-on-year growth, however, there was a minor increase of 31.95 % from the previous quarter. Expenses rose by 11.44 % compared to the previous year, with a 30.7 % increase quarter-on-quarter. Operating Profit surged by 3.51 % annually, and saw a 45.93 % increase from the last quarter.
Net Profit showed yearly increase of 11.05 %, and experienced a 33.57 % increase from the previous quarter. Earnings Per Share (EPS) rose by 10.84 % annually, however rose by 33.33 % compared to the last quarter. In essence, while Lambodhara Textiles Ltd. 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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