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.
| 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.
