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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 -11.34 % over the year, decrease in net sales/revenue by -22.79 %.
- 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 124.63 %. Marginal decrease of -29.58% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Orient Press Limited. Notable increase of 15.05 % in net profit Year to Year, Orient Press Limited’s profitability dropped by -178.69 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 15.15 % Year to Year. EPS decreased by -179.17 % 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. 41.507 Cr | Rs. 47.658 Cr | Rs. 36.799 Cr | -22.79 % | -11.34 % |
| Expenses | Rs. 39.87 Cr | Rs. 45.23 Cr | Rs. 35.99 Cr | -20.43 % | -9.73 % |
| Operating Profit | Rs. 1.64 Cr | Rs. 2.43 Cr | Rs. 0.81 Cr | -66.67 % | -50.61 % |
| OPM % | 3.95 % | 5.1 % | 2.2 % | -2.9 % | -1.75 % |
| Other Income | Rs. 0.479 Cr | Rs. 1.528 Cr | Rs. 1.076 Cr | -29.58 % | + 124.63 % |
| Interest | Rs. 2.03 Cr | Rs. 1.48 Cr | Rs. 1.7 Cr | + 14.86 % | -16.26 % |
| Depreciation | Rs. 1.01 Cr | Rs. 1.19 Cr | Rs. 1.22 Cr | + 2.52 % | + 20.79 % |
| Profit before tax | Rs. -0.92 Cr | Rs. 1.29 Cr | Rs. -1.03 Cr | -179.84 % | -11.96 % |
| Tax % | -28.51 % | 25.31 % | -26.58 % | -51.89 % | + 1.93 % |
| Net Profit | Rs. -0.66 Cr | Rs. 0.96 Cr | Rs. -0.76 Cr | -179.17 % | -15.15 % |
| EPS in Rs | Rs. -0.66 | Rs. 0.96 | Rs. -0.76 | -179.17 % | -15.15 % |
Today, we’re looking at Orient Press 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 -11.34 %. However, it did see a marginal slip of -22.79 % from the previous quarter. Expenses decreased slightly by -20.43 % quarter-on-quarter, aligning with the annual decline of -9.73 %. Operating profit, while down -50.61 % compared to last year, faced a quarter-on-quarter dip of -66.67 %, 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 -1.75 %, but a shrinkage of -2.9 % sequentially. Other income fell by -29.58 % compared to the last quarter, despite an annual growth of 124.63 %. Interest expenses surged remarkably by 14.86 % from the previous quarter, yet the year-over-year decrease remains at a moderate -16.26 %. Depreciation costs climbed by 2.52 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 20.79 %. Profit before tax declined annually by -11.96 % but saw a reduction from the preceding quarter by -179.84 %.
Tax expenses as a percentage of profits increased slightly by 1.93 % compared to last year, with a more notable quarter-on-quarter decrease of -51.89 %. Net profit fell by -15.15 % year-on-year but witnessed a -179.17 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -15.15 % but a quarterly fall of -179.17 %. In summary, Orient Press 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. 41.507 Cr | Rs. 47.658 Cr | Rs. 36.799 Cr | -22.79 % | -11.34 % |
| Expenses | Rs. 39.87 Cr | Rs. 45.23 Cr | Rs. 35.99 Cr | -20.43 % | -9.73 % |
| Operating Profit | Rs. 1.64 Cr | Rs. 2.43 Cr | Rs. 0.81 Cr | -66.67 % | -50.61 % |
| Net Profit | Rs. -0.66 Cr | Rs. 0.96 Cr | Rs. -0.76 Cr | -179.17 % | -15.15 % |
| EPS in Rs | Rs. -0.66 | Rs. 0.96 | Rs. -0.76 | -179.17 % | -15.15 % |
In reviewing Orient Press Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -11.34 % year-on-year, although there was a slight dip of -22.79 % from the previous quarter. Expenses decreased by -9.73 % compared to the previous year, with a decrease of -20.43 % quarter-on-quarter. Operating Profit dropped by -50.61 % annually, and saw a -66.67 % decrease from the last quarter.
Net Profit showed yearly decrease of -15.15 %, and experienced a -179.17 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -15.15 % annually, however dipped by -179.17 % compared to the last quarter. In essence, while Orient Press 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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