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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 -16.84 % over the year, decrease in net sales/revenue by -38.51 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -31.37 %, Marginal decrease of -25.14% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Niraj Cement Structurals Limited. Profit dropped by -16.68 % Year to Year, Niraj Cement Structurals Limited’s profitability dropped by -89.17 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -16.67 % Year to Year. EPS decreased by -89.3 % 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. 99.072 Cr | Rs. 133.988 Cr | Rs. 82.388 Cr | -38.51 % | -16.84 % |
Expenses | Rs. 99.09 Cr | Rs. 125.68 Cr | Rs. 82.09 Cr | -34.68 % | -17.16 % |
Operating Profit | Rs. -0.02 Cr | Rs. 8.31 Cr | Rs. 0.3 Cr | -96.39 % | + 1600 % |
OPM % | -0.02 % | 6.2 % | 0.36 % | -5.84 % | + 0.38 % |
Other Income | Rs. 1.887 Cr | Rs. 1.73 Cr | Rs. 1.295 Cr | -25.14 % | -31.37 % |
Interest | Rs. 0.2 Cr | Rs. 0.02 Cr | Rs. 0.02 Cr | + 0 % | -90 % |
Depreciation | Rs. 0.34 Cr | Rs. 0.25 Cr | Rs. 0.51 Cr | + 104 % | + 50 % |
Profit before tax | Rs. 1.33 Cr | Rs. 9.77 Cr | Rs. 1.07 Cr | -89.05 % | -19.55 % |
Tax % | 26.5 % | 23.53 % | 23.61 % | + 0.08 % | -2.89 % |
Net Profit | Rs. 0.97 Cr | Rs. 7.47 Cr | Rs. 0.81 Cr | -89.16 % | -16.49 % |
EPS in Rs | Rs. 0.24 | Rs. 1.87 | Rs. 0.2 | -89.3 % | -16.67 % |
Today, we’re looking at Niraj Cement Structurals Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -16.84 %. However, it did see a marginal slip of -38.51 % from the previous quarter. Expenses decreased slightly by -34.68 % quarter-on-quarter, aligning with the annual decline of -17.16 %. Operating profit, while up 1600 % compared to last year, faced a quarter-on-quarter dip of -96.39 %, 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 0.38 %, but a shrinkage of -5.84 % sequentially. Other income fell by -25.14 % compared to the last quarter, despite an annual decline of -31.37 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year decrease remains at a moderate -90 %. Depreciation costs climbed by 104 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 50 %. Profit before tax declined annually by -19.55 % but saw a reduction from the preceding quarter by -89.05 %.
Tax expenses as a percentage of profits decreased slightly by -2.89 % compared to last year, with a more notable quarter-on-quarter increase of 0.08 %. Net profit fell by -16.49 % year-on-year but witnessed a -89.16 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -16.67 % but a quarterly fall of -89.3 %. In summary, Niraj Cement Structurals 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. 99.072 Cr | Rs. 133.988 Cr | Rs. 82.388 Cr | -38.51 % | -16.84 % |
Expenses | Rs. 99.09 Cr | Rs. 125.68 Cr | Rs. 82.09 Cr | -34.68 % | -17.16 % |
Operating Profit | Rs. -0.02 Cr | Rs. 8.31 Cr | Rs. 0.3 Cr | -96.39 % | + 1600 % |
Net Profit | Rs. 0.97 Cr | Rs. 7.47 Cr | Rs. 0.81 Cr | -89.16 % | -16.49 % |
EPS in Rs | Rs. 0.24 | Rs. 1.87 | Rs. 0.2 | -89.3 % | -16.67 % |
In reviewing Niraj Cement Structurals Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -16.84 % year-on-year, although there was a slight dip of -38.51 % from the previous quarter. Expenses decreased by -17.16 % compared to the previous year, with a decrease of -34.68 % quarter-on-quarter. Operating Profit surged by 1600 % annually, and saw a -96.39 % decrease from the last quarter.
Net Profit showed yearly decrease of -16.49 %, and experienced a -89.16 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -16.67 % annually, however dipped by -89.3 % compared to the last quarter. In essence, while Niraj Cement Structurals Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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