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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 -1.64 % over the year, substantial increase in net sales/revenue by 17.29 %.
- 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 0 %. Marginal increase in other income during this quarter, up by 220%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Nutech Global Ltd.. Profit dropped by -1200 % Year to Year, Nutech Global Ltd.’s profitability dropped by -234.84 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -1,183.33 % Year to Year. EPS decreased by -235.42 % 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. 10.437 Cr | Rs. 8.753 Cr | Rs. 10.266 Cr | + 17.29 % | -1.64 % |
Expenses | Rs. 10.11 Cr | Rs. 8.14 Cr | Rs. 10.17 Cr | + 24.94 % | + 0.59 % |
Operating Profit | Rs. 0.33 Cr | Rs. 0.61 Cr | Rs. 0.1 Cr | -83.61 % | -69.7 % |
OPM % | 3.16 % | 6.97 % | 0.97 % | -6 % | -2.19 % |
Other Income | Rs. 0.006 Cr | Rs. -0.005 Cr | Rs. 0.006 Cr | + 220 % | + 0 % |
Interest | Rs. 0.23 Cr | Rs. 0.26 Cr | Rs. 0.23 Cr | -11.54 % | + 0 % |
Depreciation | Rs. 0.09 Cr | Rs. 0.09 Cr | Rs. 0.09 Cr | + 0 % | + 0 % |
Profit before tax | Rs. 0.02 Cr | Rs. 0.26 Cr | Rs. -0.21 Cr | -180.77 % | -1150 % |
Tax % | 0 % | 39.84 % | -0 % | -39.84 % | 0 % |
Net Profit | Rs. 0.02 Cr | Rs. 0.16 Cr | Rs. -0.21 Cr | -231.25 % | -1150 % |
EPS in Rs | Rs. 0.06 | Rs. 0.48 | Rs. -0.65 | -235.42 % | -1183.33 % |
Today, we’re looking at Nutech Global Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -1.64 %. However, it did see a marginal increase of 17.29 % from the previous quarter. Expenses ticked up slightly by 24.94 % quarter-on-quarter, aligning with the annual rise of 0.59 %. Operating profit, while down -69.7 % compared to last year, faced a quarter-on-quarter dip of -83.61 %, 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 -2.19 %, but a shrinkage of -6 % sequentially. Other income rose by 220 % compared to the last quarter, despite an annual growth of 0 %. Interest expenses dropped significantly by -11.54 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -1150 % but saw a reduction from the preceding quarter by -180.77 %.
with a more notable quarter-on-quarter decrease of -39.84 %. Net profit fell by -1150 % year-on-year but witnessed a -231.25 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -1183.33 % but a quarterly fall of -235.42 %. In summary, Nutech Global Ltd.’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. 10.437 Cr | Rs. 8.753 Cr | Rs. 10.266 Cr | + 17.29 % | -1.64 % |
Expenses | Rs. 10.11 Cr | Rs. 8.14 Cr | Rs. 10.17 Cr | + 24.94 % | + 0.59 % |
Operating Profit | Rs. 0.33 Cr | Rs. 0.61 Cr | Rs. 0.1 Cr | -83.61 % | -69.7 % |
Net Profit | Rs. 0.02 Cr | Rs. 0.16 Cr | Rs. -0.21 Cr | -231.25 % | -1150 % |
EPS in Rs | Rs. 0.06 | Rs. 0.48 | Rs. -0.65 | -235.42 % | -1183.33 % |
In reviewing Nutech Global Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -1.64 % year-on-year, however, there was a minor increase of 17.29 % from the previous quarter. Expenses rose by 0.59 % compared to the previous year, with a 24.94 % increase quarter-on-quarter. Operating Profit dropped by -69.7 % annually, and saw a -83.61 % decrease from the last quarter.
Net Profit showed yearly decrease of -1150 %, and experienced a -231.25 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -1183.33 % annually, however dipped by -235.42 % compared to the last quarter. In essence, while Nutech Global Ltd. faces strong annual decline 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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