NIFTY 50 22795.9 ▼ (0.51%)
NIFTY NEXT 50 60466.8 ▼ (0.94%)
NIFTY 100 23274.05 ▼ (0.59%)
NIFTY MIDCAP 100 50486.2 ▼ (1.32%)
NIFTY SMALLCAP 100 15636.9 ▼ (0.7%)
NIFTY SMALLCAP 250 14683.4 ▼ (0.57%)
NIFTY MIDCAP SELECT 11198.9 ▼ (1.69%)
NIFTY TOTAL MARKET 11634.25 ▼ (0.67%)
NIFTY BANK 48981.2 ▼ (0.72%)
SENSEX 75311.06 ▼ (0.56%)
BSE BANKEX 55718.18 ▼ (0.82%)

Radix Industries (India) : Q4 2024 Financial Quarterly Report : YoY Sales Down 12.94 %, QoQ Down 2.57 %

June 20, 2024June 20, 2024| adminadmin| 0 Comments| 3:45 pm
Image is loading
Categories:

Share the post "Radix Industries (India) : Q4 2024 Financial Quarterly Report : YoY Sales Down 12.94 %, QoQ Down 2.57 %"

  • Facebook
  • LinkedIn
  • X
  • Tumblr
  • WhatsApp
  • TelegramTelegram
  • Email

Highlights

  • Sales over the Year and quarter: The company’s sales declined by -12.94 % over the year, decrease in net sales/revenue by -2.57 %.
  • 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 200 %. Marginal increase in other income during this quarter, up by 200%.
  • Profit over the Year and quarter: Significant improvement in profitability for Radix Industries (India) Limited. Notable increase of 38.89 % in net profit Year to Year, Radix Industries (India) Limited’s profitability dropped by -3.56 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 38.71 % Year to Year. EPS decreased by -4.44 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Radix Industries (India) Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 9.105 Cr Rs. 8.136 Cr Rs. 7.927 Cr -2.57 % -12.94 %
Expenses Rs. 8.43 Cr Rs. 7.04 Cr Rs. 6.98 Cr -0.85 % -17.2 %
Operating Profit Rs. 0.68 Cr Rs. 1.1 Cr Rs. 0.95 Cr -13.64 % + 39.71 %
OPM % 7.47 % 13.52 % 11.98 % -1.54 % + 4.51 %
Other Income Rs. 0.01 Cr Rs. 0.01 Cr Rs. 0.03 Cr + 200 % + 200 %
Interest Rs. 0.01 Cr Rs. 0.19 Cr Rs. 0.06 Cr -68.42 % + 500 %
Depreciation Rs. 0.04 Cr Rs. 0.02 Cr Rs. 0.03 Cr + 50 % -25 %
Profit before tax Rs. 0.64 Cr Rs. 0.9 Cr Rs. 0.89 Cr -1.11 % + 39.06 %
Tax % 25.71 % 25.17 % 26.42 % + 1.25 % + 0.71 %
Net Profit Rs. 0.47 Cr Rs. 0.67 Cr Rs. 0.65 Cr -2.99 % + 38.3 %
EPS in Rs Rs. 0.31 Rs. 0.45 Rs. 0.43 -4.44 % + 38.71 %


Today, we’re looking at Radix Industries (India) Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -12.94 %. However, it did see a marginal slip of -2.57 % from the previous quarter. Expenses decreased slightly by -0.85 % quarter-on-quarter, aligning with the annual decline of -17.2 %. Operating profit, while up 39.71 % compared to last year, faced a quarter-on-quarter dip of -13.64 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 4.51 %, but a shrinkage of -1.54 % sequentially. Other income rose by 200 % compared to the last quarter, despite an annual growth of 200 %. Interest expenses dropped significantly by -68.42 % from the previous quarter, yet the year-over-year increase remains at a moderate 500 %. Depreciation costs climbed by 50 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -25 %. Profit before tax grew annually by 39.06 % but saw a reduction from the preceding quarter by -1.11 %.
Tax expenses as a percentage of profits increased slightly by 0.71 % compared to last year, with a more notable quarter-on-quarter increase of 1.25 %. Net profit rose by 38.3 % year-on-year but witnessed a -2.99 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 38.71 % but a quarterly fall of -4.44 %. In summary, Radix Industries (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. 9.105 Cr Rs. 8.136 Cr Rs. 7.927 Cr -2.57 % -12.94 %
Expenses Rs. 8.43 Cr Rs. 7.04 Cr Rs. 6.98 Cr -0.85 % -17.2 %
Operating Profit Rs. 0.68 Cr Rs. 1.1 Cr Rs. 0.95 Cr -13.64 % + 39.71 %
Net Profit Rs. 0.47 Cr Rs. 0.67 Cr Rs. 0.65 Cr -2.99 % + 38.3 %
EPS in Rs Rs. 0.31 Rs. 0.45 Rs. 0.43 -4.44 % + 38.71 %


In reviewing Radix Industries (India) Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -12.94 % year-on-year, although there was a slight dip of -2.57 % from the previous quarter. Expenses decreased by -17.2 % compared to the previous year, with a decrease of -0.85 % quarter-on-quarter. Operating Profit surged by 39.71 % annually, and saw a -13.64 % decrease from the last quarter.
Net Profit showed yearly increase of 38.3 %, and experienced a -2.99 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 38.71 % annually, however dipped by -4.44 % compared to the last quarter. In essence, while Radix Industries (India) Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.

[my_shortcode1 values=”Radix Industries (India) “]

Related Post