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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 33.85 % in the past year, substantial increase in net sales/revenue by 59.63 %.
- Income over the Year and quarter:
- Profit over the Year and quarter: Significant improvement in profitability for OSIAJEE TEXFAB LIMITED. Notable increase of 179.25 % in net profit Year to Year, OSIAJEE TEXFAB LIMITED’s profitability increased by 1.72 % in this quarter.
- EPS over the Year and quarter: EPS increased by 170.00 % Year to Year. EPS increased by 1.89 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.514 Cr | Rs. 0.431 Cr | Rs. 0.688 Cr | + 59.63 % | + 33.85 % |
Expenses | Rs. 0.38 Cr | Rs. 0.14 Cr | Rs. 0.35 Cr | + 150 % | -7.89 % |
Operating Profit | Rs. 0.13 Cr | Rs. 0.29 Cr | Rs. 0.34 Cr | + 17.24 % | + 161.54 % |
OPM % | 25.29 % | 67.29 % | 49.42 % | -17.87 % | + 24.13 % |
Other Income | Rs. 0 Cr | Rs. -0 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.02 Cr | Rs. 0 Cr | Rs. 0.04 Cr | 0 % | + 100 % |
Profit before tax | Rs. 0.11 Cr | Rs. 0.29 Cr | Rs. 0.3 Cr | + 3.45 % | + 172.73 % |
Tax % | 6.96 % | 0 % | 0 % | 0 % | -6.96 % |
Net Profit | Rs. 0.11 Cr | Rs. 0.29 Cr | Rs. 0.3 Cr | + 3.45 % | + 172.73 % |
EPS in Rs | Rs. 0.2 | Rs. 0.53 | Rs. 0.54 | + 1.89 % | + 170 % |
Today, we’re looking at OSIAJEE TEXFAB LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 33.85 %. However, it did see a marginal increase of 59.63 % from the previous quarter. Expenses ticked up slightly by 150 % quarter-on-quarter, aligning with the annual decline of -7.89 %. Operating profit, while up 161.54 % compared to last year, faced a quarter-on-quarter increase of 17.24 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 24.13 %, but a shrinkage of -17.87 % sequentially. whereas on an annual scale, they saw an increase of 100 %. Profit before tax grew annually by 172.73 % but saw an increase from the preceding quarter by 3.45 %.
Tax expenses as a percentage of profits decreased slightly by -6.96 % compared to last year, Net profit rose by 172.73 % year-on-year but experienced a 3.45 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 170 % but a quarterly rise of 1.89 %. In summary, OSIAJEE TEXFAB 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. 0.514 Cr | Rs. 0.431 Cr | Rs. 0.688 Cr | + 59.63 % | + 33.85 % |
Expenses | Rs. 0.38 Cr | Rs. 0.14 Cr | Rs. 0.35 Cr | + 150 % | -7.89 % |
Operating Profit | Rs. 0.13 Cr | Rs. 0.29 Cr | Rs. 0.34 Cr | + 17.24 % | + 161.54 % |
Net Profit | Rs. 0.11 Cr | Rs. 0.29 Cr | Rs. 0.3 Cr | + 3.45 % | + 172.73 % |
EPS in Rs | Rs. 0.2 | Rs. 0.53 | Rs. 0.54 | + 1.89 % | + 170 % |
In reviewing OSIAJEE TEXFAB LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 33.85 % year-on-year growth, however, there was a minor increase of 59.63 % from the previous quarter. Expenses decreased by -7.89 % compared to the previous year, with a 150 % increase quarter-on-quarter. Operating Profit surged by 161.54 % annually, and saw a 17.24 % increase from the last quarter.
Net Profit showed yearly increase of 172.73 %, and experienced a 3.45 % increase from the previous quarter. Earnings Per Share (EPS) rose by 170 % annually, however rose by 1.89 % compared to the last quarter. In essence, while OSIAJEE TEXFAB LIMITED exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.