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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 0.68 % in the past year, substantial increase in net sales/revenue by 155.31 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -66.67 %, Marginal decrease of -64.66% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Narbada Gems and Jewellery Limited. Notable increase of 0.43 % in net profit Year to Year, Narbada Gems and Jewellery Limited’s profitability dropped by -209.55 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 0.83 % Year to Year. EPS decreased by -210 % 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. 23.245 Cr | Rs. 9.167 Cr | Rs. 23.404 Cr | + 155.31 % | + 0.68 % |
Expenses | Rs. 19.49 Cr | Rs. 11.72 Cr | Rs. 19.28 Cr | + 64.51 % | -1.08 % |
Operating Profit | Rs. 3.76 Cr | Rs. -2.55 Cr | Rs. 4.12 Cr | + 261.57 % | + 9.57 % |
OPM % | 16.18 % | -27.82 % | 17.6 % | + 45.42 % | + 1.42 % |
Other Income | Rs. 0.123 Cr | Rs. 0.116 Cr | Rs. 0.041 Cr | -64.66 % | -66.67 % |
Interest | Rs. 0.42 Cr | Rs. 0.46 Cr | Rs. 0.62 Cr | + 34.78 % | + 47.62 % |
Depreciation | Rs. 0.05 Cr | Rs. 0.14 Cr | Rs. 0.14 Cr | + 0 % | + 180 % |
Profit before tax | Rs. 3.41 Cr | Rs. -3.03 Cr | Rs. 3.4 Cr | + 212.21 % | -0.29 % |
Tax % | 25.18 % | -23.04 % | 24.88 % | + 47.92 % | -0.3 % |
Net Profit | Rs. 2.55 Cr | Rs. -2.34 Cr | Rs. 2.56 Cr | + 209.4 % | + 0.39 % |
EPS in Rs | Rs. 1.2 | Rs. -1.1 | Rs. 1.21 | + 210 % | + 0.83 % |
Today, we’re looking at Narbada Gems and Jewellery 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 0.68 %. However, it did see a marginal increase of 155.31 % from the previous quarter. Expenses ticked up slightly by 64.51 % quarter-on-quarter, aligning with the annual decline of -1.08 %. Operating profit, while up 9.57 % compared to last year, faced a quarter-on-quarter increase of 261.57 %, 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 1.42 %, but an expansion of 45.42 % sequentially. Other income fell by -64.66 % compared to the last quarter, despite an annual decline of -66.67 %. Interest expenses surged remarkably by 34.78 % from the previous quarter, yet the year-over-year increase remains at a moderate 47.62 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 180 %. Profit before tax declined annually by -0.29 % but saw an increase from the preceding quarter by 212.21 %.
Tax expenses as a percentage of profits decreased slightly by -0.3 % compared to last year, with a more notable quarter-on-quarter increase of 47.92 %. Net profit rose by 0.39 % year-on-year but experienced a 209.4 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 0.83 % but a quarterly rise of 210 %. In summary, Narbada Gems and Jewellery 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. 23.245 Cr | Rs. 9.167 Cr | Rs. 23.404 Cr | + 155.31 % | + 0.68 % |
Expenses | Rs. 19.49 Cr | Rs. 11.72 Cr | Rs. 19.28 Cr | + 64.51 % | -1.08 % |
Operating Profit | Rs. 3.76 Cr | Rs. -2.55 Cr | Rs. 4.12 Cr | + 261.57 % | + 9.57 % |
Net Profit | Rs. 2.55 Cr | Rs. -2.34 Cr | Rs. 2.56 Cr | + 209.4 % | + 0.39 % |
EPS in Rs | Rs. 1.2 | Rs. -1.1 | Rs. 1.21 | + 210 % | + 0.83 % |
In reviewing Narbada Gems and Jewellery Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0.68 % year-on-year growth, however, there was a minor increase of 155.31 % from the previous quarter. Expenses decreased by -1.08 % compared to the previous year, with a 64.51 % increase quarter-on-quarter. Operating Profit surged by 9.57 % annually, and saw a 261.57 % increase from the last quarter.
Net Profit showed yearly increase of 0.39 %, and experienced a 209.4 % increase from the previous quarter. Earnings Per Share (EPS) rose by 0.83 % annually, however rose by 210 % compared to the last quarter. In essence, while Narbada Gems and Jewellery Limited 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.