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Raj Rayon Industries : Q4 2024 Financial Quarterly Report : YoY Sales Up 96.62 %, QoQ Up 11.12 %

May 30, 2024May 30, 2024| adminadmin| 0 Comments| 3:10 pm
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 96.62 % in the past year, substantial increase in net sales/revenue by 11.12 %.
  • 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 3300 %. Marginal increase in other income during this quarter, up by 47.69%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Raj Rayon Industries Limited. Profit dropped by -25.33 % Year to Year, Raj Rayon Industries Limited’s profitability dropped by -204.49 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -92.00 % Year to Year. EPS decreased by -200 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Raj Rayon Industries 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. 110.396 Cr Rs. 195.346 Cr Rs. 217.062 Cr + 11.12 % + 96.62 %
Expenses Rs. 108.77 Cr Rs. 185.13 Cr Rs. 210.15 Cr + 13.51 % + 93.21 %
Operating Profit Rs. 1.63 Cr Rs. 10.22 Cr Rs. 6.91 Cr -32.39 % + 323.93 %
OPM % 1.48 % 5.23 % 3.18 % -2.05 % + 1.7 %
Other Income Rs. -0.03 Cr Rs. 0.65 Cr Rs. 0.96 Cr + 47.69 % + 3300 %
Interest Rs. 1.19 Cr Rs. 2.83 Cr Rs. 3.97 Cr + 40.28 % + 233.61 %
Depreciation Rs. 3.44 Cr Rs. 2.59 Cr Rs. 3.47 Cr + 33.98 % + 0.87 %
Profit before tax Rs. -3.03 Cr Rs. 5.45 Cr Rs. 0.43 Cr -92.11 % + 114.19 %
Tax % -5.29 % 62.39 % 601.17 % + 538.78 % + 606.46 %
Net Profit Rs. -2.87 Cr Rs. 2.05 Cr Rs. -2.14 Cr -204.39 % + 25.44 %
EPS in Rs Rs. -0.04 Rs. 0.03 Rs. -0.03 -200 % + 25 %


Today, we’re looking at Raj Rayon Industries 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 96.62 %. However, it did see a marginal increase of 11.12 % from the previous quarter. Expenses ticked up slightly by 13.51 % quarter-on-quarter, aligning with the annual rise of 93.21 %. Operating profit, while up 323.93 % compared to last year, faced a quarter-on-quarter dip of -32.39 %, 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 1.7 %, but a shrinkage of -2.05 % sequentially. Other income rose by 47.69 % compared to the last quarter, despite an annual growth of 3300 %. Interest expenses surged remarkably by 40.28 % from the previous quarter, yet the year-over-year increase remains at a moderate 233.61 %. Depreciation costs climbed by 33.98 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0.87 %. Profit before tax grew annually by 114.19 % but saw a reduction from the preceding quarter by -92.11 %.
Tax expenses as a percentage of profits increased slightly by 606.46 % compared to last year, with a more notable quarter-on-quarter increase of 538.78 %. Net profit rose by 25.44 % year-on-year but witnessed a -204.39 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 25 % but a quarterly fall of -200 %. In summary, Raj Rayon Industries 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. 110.396 Cr Rs. 195.346 Cr Rs. 217.062 Cr + 11.12 % + 96.62 %
Expenses Rs. 108.77 Cr Rs. 185.13 Cr Rs. 210.15 Cr + 13.51 % + 93.21 %
Operating Profit Rs. 1.63 Cr Rs. 10.22 Cr Rs. 6.91 Cr -32.39 % + 323.93 %
Net Profit Rs. -2.87 Cr Rs. 2.05 Cr Rs. -2.14 Cr -204.39 % + 25.44 %
EPS in Rs Rs. -0.04 Rs. 0.03 Rs. -0.03 -200 % + 25 %


In reviewing Raj Rayon Industries Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 96.62 % year-on-year growth, however, there was a minor increase of 11.12 % from the previous quarter. Expenses rose by 93.21 % compared to the previous year, with a 13.51 % increase quarter-on-quarter. Operating Profit surged by 323.93 % annually, and saw a -32.39 % decrease from the last quarter.
Net Profit showed yearly increase of 25.44 %, and experienced a -204.39 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 25 % annually, however dipped by -200 % compared to the last quarter. In essence, while Raj Rayon Industries 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.

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