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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 -0.36 % over the year, decrease in net sales/revenue by -20.1 %.
- 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 953.13 %. Marginal increase in other income during this quarter, up by 89.33%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Nagreeka Exports Limited. Profit dropped by -46.54 % Year to Year, Nagreeka Exports Limited’s profitability dropped by -18.07 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -78.70 % Year to Year. EPS decreased by -18.18 % 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. 137.481 Cr | Rs. 171.451 Cr | Rs. 136.981 Cr | -20.1 % | -0.36 % |
Expenses | Rs. 129.81 Cr | Rs. 165.57 Cr | Rs. 131.13 Cr | -20.8 % | + 1.02 % |
Operating Profit | Rs. 7.67 Cr | Rs. 5.88 Cr | Rs. 5.85 Cr | -0.51 % | -23.73 % |
OPM % | 5.58 % | 3.43 % | 4.27 % | + 0.84 % | -1.31 % |
Other Income | Rs. 0.032 Cr | Rs. 0.178 Cr | Rs. 0.337 Cr | + 89.33 % | + 953.13 % |
Interest | Rs. 3.45 Cr | Rs. 3.22 Cr | Rs. 3 Cr | -6.83 % | -13.04 % |
Depreciation | Rs. 1.85 Cr | Rs. 1.78 Cr | Rs. 1.79 Cr | + 0.56 % | -3.24 % |
Profit before tax | Rs. 2.4 Cr | Rs. 1.06 Cr | Rs. 1.4 Cr | + 32.08 % | -41.67 % |
Tax % | 11.96 % | 30 % | 19.53 % | -10.47 % | + 7.57 % |
Net Profit | Rs. 2.11 Cr | Rs. 1.38 Cr | Rs. 1.13 Cr | -18.12 % | -46.45 % |
EPS in Rs | Rs. 1.69 | Rs. 0.44 | Rs. 0.36 | -18.18 % | -78.7 % |
Today, we’re looking at Nagreeka Exports Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -0.36 %. However, it did see a marginal slip of -20.1 % from the previous quarter. Expenses decreased slightly by -20.8 % quarter-on-quarter, aligning with the annual rise of 1.02 %. Operating profit, while down -23.73 % compared to last year, faced a quarter-on-quarter dip of -0.51 %, 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 -1.31 %, but an expansion of 0.84 % sequentially. Other income rose by 89.33 % compared to the last quarter, despite an annual growth of 953.13 %. Interest expenses dropped significantly by -6.83 % from the previous quarter, yet the year-over-year decrease remains at a moderate -13.04 %. Depreciation costs climbed by 0.56 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -3.24 %. Profit before tax declined annually by -41.67 % but saw an increase from the preceding quarter by 32.08 %.
Tax expenses as a percentage of profits increased slightly by 7.57 % compared to last year, with a more notable quarter-on-quarter decrease of -10.47 %. Net profit fell by -46.45 % year-on-year but witnessed a -18.12 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -78.7 % but a quarterly fall of -18.18 %. In summary, Nagreeka Exports 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. 137.481 Cr | Rs. 171.451 Cr | Rs. 136.981 Cr | -20.1 % | -0.36 % |
Expenses | Rs. 129.81 Cr | Rs. 165.57 Cr | Rs. 131.13 Cr | -20.8 % | + 1.02 % |
Operating Profit | Rs. 7.67 Cr | Rs. 5.88 Cr | Rs. 5.85 Cr | -0.51 % | -23.73 % |
Net Profit | Rs. 2.11 Cr | Rs. 1.38 Cr | Rs. 1.13 Cr | -18.12 % | -46.45 % |
EPS in Rs | Rs. 1.69 | Rs. 0.44 | Rs. 0.36 | -18.18 % | -78.7 % |
In reviewing Nagreeka Exports Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -0.36 % year-on-year, although there was a slight dip of -20.1 % from the previous quarter. Expenses rose by 1.02 % compared to the previous year, with a decrease of -20.8 % quarter-on-quarter. Operating Profit dropped by -23.73 % annually, and saw a -0.51 % decrease from the last quarter.
Net Profit showed yearly decrease of -46.45 %, and experienced a -18.12 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -78.7 % annually, however dipped by -18.18 % compared to the last quarter. In essence, while Nagreeka Exports Limited faces strong annual decline 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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