Nidhi Granites Reports Q2: Revenue Up by 39.36% Year-on-Year

The comprehensive analytics outlining the performance and outlook of Nidhi Granites Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Today, we’re looking at Nidhi Granites Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 39.36 %. However, it did see a marginal increase of 30.26 % from the previous quarter. Expenses ticked up slightly by 36.53 % quarter-on-quarter, aligning with the annual rise of 39.14 %. Operating profit, while up 46.67 % compared to last year, faced a quarter-on-quarter dip of -41.33 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.18 %, but a shrinkage of -4.44 % sequentially. Other income rose by 125.69 % compared to the last quarter, despite an annual growth of 745.93 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year decrease remains at a moderate -35.29 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -5.56 %. Profit before tax grew annually by 1344.44 % but saw an increase from the preceding quarter by 32.65 %.
Tax expenses as a percentage of profits decreased slightly by -14.75 % compared to last year, with a more notable quarter-on-quarter decrease of -6.88 %. Net profit rose by 1733.33 % year-on-year but experienced a 46.67 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 705.88 % but a quarterly rise of 191.49 %. In summary, Nidhi Granites Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Nidhi Granites Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 39.36 % year-on-year growth, however, there was a minor increase of 30.26 % from the previous quarter. Expenses rose by 39.14 % compared to the previous year, with a 36.53 % increase quarter-on-quarter. Operating Profit surged by 46.67 % annually, and saw a -41.33 % decrease from the last quarter.
Net Profit showed yearly increase of 1733.33 %, and experienced a 46.67 % increase from the previous quarter. Earnings Per Share (EPS) rose by 705.88 % annually, however rose by 191.49 % compared to the last quarter. In essence, while Nidhi Granites 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.