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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 -59.82 % over the year, decrease in net sales/revenue by -64.84 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -50 %, Marginal decrease of -16.67% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Orosil Smiths India Limited. Notable increase of 32.04 % in net profit Year to Year, Orosil Smiths India Limited’s profitability increased by 97.1 % in this quarter.
- EPS over the Year and quarter: EPS increased by 50.00 % Year to Year. EPS decreased by -85 % 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. 0.112 Cr | Rs. 0.128 Cr | Rs. 0.045 Cr | -64.84 % | -59.82 % |
| Expenses | Rs. 0.18 Cr | Rs. 0.17 Cr | Rs. 0.07 Cr | -58.82 % | -61.11 % |
| Operating Profit | Rs. -0.07 Cr | Rs. -0.04 Cr | Rs. -0.03 Cr | + 25 % | + 57.14 % |
| OPM % | -62.5 % | -31.25 % | -66.67 % | -35.42 % | -4.17 % |
| Other Income | Rs. 0.01 Cr | Rs. 0.006 Cr | Rs. 0.005 Cr | -16.67 % | -50 % |
| Interest | Rs. 0.01 Cr | Rs. 0 Cr | Rs. 0.08 Cr | 0 % | + 700 % |
| Depreciation | Rs. 0.04 Cr | Rs. 0.04 Cr | Rs. 0.03 Cr | -25 % | -25 % |
| Profit before tax | Rs. -0.11 Cr | Rs. -0.07 Cr | Rs. -0.14 Cr | -100 % | -27.27 % |
| Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
| Net Profit | Rs. -0.1 Cr | Rs. -0.07 Cr | Rs. -0.14 Cr | -100 % | -40 % |
| EPS in Rs | Rs. -0.02 | Rs. -0.2 | Rs. -0.03 | + 85 % | -50 % |
Today, we’re looking at Orosil Smiths India 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 -59.82 %. However, it did see a marginal slip of -64.84 % from the previous quarter. Expenses decreased slightly by -58.82 % quarter-on-quarter, aligning with the annual decline of -61.11 %. Operating profit, while up 57.14 % compared to last year, faced a quarter-on-quarter increase of 25 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -4.17 %, but a shrinkage of -35.42 % sequentially. Other income fell by -16.67 % compared to the last quarter, despite an annual decline of -50 %. yet the year-over-year increase remains at a moderate 700 %. Depreciation costs fell by -25 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -25 %. Profit before tax declined annually by -27.27 % but saw a reduction from the preceding quarter by -100 %.
Net profit fell by -40 % year-on-year but witnessed a -100 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -50 % but a quarterly rise of 85 %. In summary, Orosil Smiths India 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. 0.112 Cr | Rs. 0.128 Cr | Rs. 0.045 Cr | -64.84 % | -59.82 % |
| Expenses | Rs. 0.18 Cr | Rs. 0.17 Cr | Rs. 0.07 Cr | -58.82 % | -61.11 % |
| Operating Profit | Rs. -0.07 Cr | Rs. -0.04 Cr | Rs. -0.03 Cr | + 25 % | + 57.14 % |
| Net Profit | Rs. -0.1 Cr | Rs. -0.07 Cr | Rs. -0.14 Cr | -100 % | -40 % |
| EPS in Rs | Rs. -0.02 | Rs. -0.2 | Rs. -0.03 | + 85 % | -50 % |
In reviewing Orosil Smiths India Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -59.82 % year-on-year, although there was a slight dip of -64.84 % from the previous quarter. Expenses decreased by -61.11 % compared to the previous year, with a decrease of -58.82 % quarter-on-quarter. Operating Profit surged by 57.14 % annually, and saw a 25 % increase from the last quarter.
Net Profit showed yearly decrease of -40 %, and experienced a -100 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -50 % annually, however rose by 85 % compared to the last quarter. In essence, while Orosil Smiths India 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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