Share the post "Lime Chemicals ‘s Q1 Report: Revenue Falls by 6.49% YoY"
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 -6.49 % over the year, substantial increase in net sales/revenue by 28.61 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -57.43 %, Marginal decrease of -10.42% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Lime Chemicals Ltd.. Profit dropped by -175.24 % Year to Year, Lime Chemicals Ltd.’s profitability dropped by -246.3 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -172.73 % Year to Year. EPS decreased by -260 % 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. 3.25 Cr | Rs. 2.363 Cr | Rs. 3.039 Cr | + 28.61 % | -6.49 % |
| Expenses | Rs. 3.54 Cr | Rs. 2.47 Cr | Rs. 2.91 Cr | + 17.81 % | -17.8 % |
| Operating Profit | Rs. -0.29 Cr | Rs. -0.11 Cr | Rs. 0.13 Cr | + 218.18 % | + 144.83 % |
| OPM % | -8.92 % | -4.66 % | 4.28 % | + 8.94 % | + 13.2 % |
| Other Income | Rs. 0.101 Cr | Rs. 0.048 Cr | Rs. 0.043 Cr | -10.42 % | -57.43 % |
| Interest | Rs. 0 Cr | Rs. 0.02 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.02 Cr | Rs. 0.02 Cr | Rs. 0.02 Cr | + 0 % | + 0 % |
| Profit before tax | Rs. -0.21 Cr | Rs. -0.1 Cr | Rs. 0.15 Cr | + 250 % | + 171.43 % |
| Tax % | -0 % | -5.88 % | 0 % | + 5.88 % | 0 % |
| Net Profit | Rs. -0.21 Cr | Rs. -0.11 Cr | Rs. 0.16 Cr | + 245.45 % | + 176.19 % |
| EPS in Rs | Rs. -0.33 | Rs. -0.15 | Rs. 0.24 | + 260 % | + 172.73 % |
Today, we’re looking at Lime Chemicals Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -6.49 %. However, it did see a marginal increase of 28.61 % from the previous quarter. Expenses ticked up slightly by 17.81 % quarter-on-quarter, aligning with the annual decline of -17.8 %. Operating profit, while up 144.83 % compared to last year, faced a quarter-on-quarter increase of 218.18 %, 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 13.2 %, but an expansion of 8.94 % sequentially. Other income fell by -10.42 % compared to the last quarter, despite an annual decline of -57.43 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 171.43 % but saw an increase from the preceding quarter by 250 %.
with a more notable quarter-on-quarter increase of 5.88 %. Net profit rose by 176.19 % year-on-year but experienced a 245.45 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 172.73 % but a quarterly rise of 260 %. In summary, Lime Chemicals 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. 3.25 Cr | Rs. 2.363 Cr | Rs. 3.039 Cr | + 28.61 % | -6.49 % |
| Expenses | Rs. 3.54 Cr | Rs. 2.47 Cr | Rs. 2.91 Cr | + 17.81 % | -17.8 % |
| Operating Profit | Rs. -0.29 Cr | Rs. -0.11 Cr | Rs. 0.13 Cr | + 218.18 % | + 144.83 % |
| Net Profit | Rs. -0.21 Cr | Rs. -0.11 Cr | Rs. 0.16 Cr | + 245.45 % | + 176.19 % |
| EPS in Rs | Rs. -0.33 | Rs. -0.15 | Rs. 0.24 | + 260 % | + 172.73 % |
In reviewing Lime Chemicals Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -6.49 % year-on-year, however, there was a minor increase of 28.61 % from the previous quarter. Expenses decreased by -17.8 % compared to the previous year, with a 17.81 % increase quarter-on-quarter. Operating Profit surged by 144.83 % annually, and saw a 218.18 % increase from the last quarter.
Net Profit showed yearly increase of 176.19 %, and experienced a 245.45 % increase from the previous quarter. Earnings Per Share (EPS) rose by 172.73 % annually, however rose by 260 % compared to the last quarter. In essence, while Lime Chemicals 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.
54
3-Year Profit
42
5-Year Profit
51
10-Year Profit
157
Current Price
3,820
Market Cap
In analyzing the financial results for the company marked by BSE code 532406, a clear trend emerges. Over a five-year span, the company reported a profit of 42 percents, which increased to 54 percents in the most recent three-year period, suggesting a strong performance in the early stages of this timeframe. However, this success has been overshadowed by a trailing twelve-month (TTM) loss of 42 percents, signaling significant recent challenges. Compounding this issue is the fact that the company has not reported any sales during any of the timeframes analyzed, raising important questions about its operational model and the sustainability of its current strategies. Investors have been equally wary, as reflected in the stock price performance. The company’s stock traded at 112 percents over the past five years but has recently decreased to 47 percents, indicating a loss of market confidence. Over the last decade, the stock price was at 49 percents, pointing to longer-term concerns that could affect the company's future prospects.
The company has a market capitalization of ₹3,820 crore and is currently trading at ₹157 per share. Historically, the stock has fluctuated within a range of ₹224 / 86.0, reflecting both the opportunities and risks that investors perceive in the company. The P/E ratio, at 65.0, is relatively high, suggesting that the market has priced in substantial future growth or is willing to pay a premium for the company’s current earnings. The book value per share stands at ₹8.09, which reflects the net asset value of the company divided by the number of outstanding shares. The dividend yield is 0.12%, providing shareholders with a consistent return on their investment. ROCE is 47.4%, indicating how well the company is using its capital to generate profits, while ROE at 38.7% highlights the returns generated from shareholders' equity. The debt-to-equity ratio is 0.09, signaling low financial leverage, which is typically seen as a positive indicator of financial health. However, the company’s negative net cash flow of ₹0.86 crore might raise concerns about its cash generation capabilities or capital expenditures. With a Piotroski score of 8.00, the company's financial stability is evaluated on several factors. Finally, the Graham Number, at ₹21.0, provides an estimate of the stock’s intrinsic value, while the Price-to-Book (P/B) ratio of 19.4 highlights that the stock is trading at a premium to its book value, potentially reflecting positive market sentiment or overvaluation risks.
