Share the post "ORIENT CERATECH ‘s Q2 Update: Revenue Decreases by 15.51% Year-on-Year"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -15.51 % over the year, decrease in net sales/revenue by -28.6 %.
- 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 2356.52 %. Marginal increase in other income during this quarter, up by 56.08%.
- Profit over the Year and quarter: Challenges in sustaining profitability for ORIENT CERATECH LIMITED. Profit dropped by -64.75 % Year to Year, ORIENT CERATECH LIMITED’s profitability dropped by -36.42 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -63.64 % Year to Year. EPS decreased by -33.33 % 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. 82.892 Cr | Rs. 98.09 Cr | Rs. 70.032 Cr | -28.6 % | -15.51 % |
Expenses | Rs. 71.8 Cr | Rs. 89.77 Cr | Rs. 63.24 Cr | -29.55 % | -11.92 % |
Operating Profit | Rs. 11.09 Cr | Rs. 8.32 Cr | Rs. 6.79 Cr | -18.39 % | -38.77 % |
OPM % | 13.38 % | 8.48 % | 9.7 % | + 1.22 % | -3.68 % |
Other Income | Rs. 0.046 Cr | Rs. 0.724 Cr | Rs. 1.13 Cr | + 56.08 % | + 2356.52 % |
Interest | Rs. 0.8 Cr | Rs. 1.55 Cr | Rs. 1.69 Cr | + 9.03 % | + 111.25 % |
Depreciation | Rs. 3.39 Cr | Rs. 3.6 Cr | Rs. 3.64 Cr | + 1.11 % | + 7.37 % |
Profit before tax | Rs. 6.95 Cr | Rs. 3.89 Cr | Rs. 2.59 Cr | -33.42 % | -62.73 % |
Tax % | 24.55 % | 25.28 % | 28.69 % | + 3.41 % | + 4.14 % |
Net Profit | Rs. 5.25 Cr | Rs. 2.91 Cr | Rs. 1.85 Cr | -36.43 % | -64.76 % |
EPS in Rs | Rs. 0.44 | Rs. 0.24 | Rs. 0.16 | -33.33 % | -63.64 % |
Today, we’re looking at ORIENT CERATECH LIMITED’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -15.51 %. However, it did see a marginal slip of -28.6 % from the previous quarter. Expenses decreased slightly by -29.55 % quarter-on-quarter, aligning with the annual decline of -11.92 %. Operating profit, while down -38.77 % compared to last year, faced a quarter-on-quarter dip of -18.39 %, 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 -3.68 %, but an expansion of 1.22 % sequentially. Other income rose by 56.08 % compared to the last quarter, despite an annual growth of 2356.52 %. Interest expenses surged remarkably by 9.03 % from the previous quarter, yet the year-over-year increase remains at a moderate 111.25 %. Depreciation costs climbed by 1.11 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 7.37 %. Profit before tax declined annually by -62.73 % but saw a reduction from the preceding quarter by -33.42 %.
Tax expenses as a percentage of profits increased slightly by 4.14 % compared to last year, with a more notable quarter-on-quarter increase of 3.41 %. Net profit fell by -64.76 % year-on-year but witnessed a -36.43 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -63.64 % but a quarterly fall of -33.33 %. In summary, ORIENT CERATECH 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. 82.892 Cr | Rs. 98.09 Cr | Rs. 70.032 Cr | -28.6 % | -15.51 % |
Expenses | Rs. 71.8 Cr | Rs. 89.77 Cr | Rs. 63.24 Cr | -29.55 % | -11.92 % |
Operating Profit | Rs. 11.09 Cr | Rs. 8.32 Cr | Rs. 6.79 Cr | -18.39 % | -38.77 % |
Net Profit | Rs. 5.25 Cr | Rs. 2.91 Cr | Rs. 1.85 Cr | -36.43 % | -64.76 % |
EPS in Rs | Rs. 0.44 | Rs. 0.24 | Rs. 0.16 | -33.33 % | -63.64 % |
In reviewing ORIENT CERATECH LIMITED’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -15.51 % year-on-year, although there was a slight dip of -28.6 % from the previous quarter. Expenses decreased by -11.92 % compared to the previous year, with a decrease of -29.55 % quarter-on-quarter. Operating Profit dropped by -38.77 % annually, and saw a -18.39 % decrease from the last quarter.
Net Profit showed yearly decrease of -64.76 %, and experienced a -36.43 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -63.64 % annually, however dipped by -33.33 % compared to the last quarter. In essence, while ORIENT CERATECH LIMITED 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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