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Niraj Cement Structurals announced Financial Results Q1 2024-25

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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.

The comprehensive analytics outlining the performance and outlook of Niraj Cement Structurals 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.

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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