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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 0.91 % in the past year, substantial increase in net sales/revenue by 10.21 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -12.75 %, Marginal increase in other income during this quarter, up by 49.29%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Rajapalayam Mills Limited. Profit dropped by -71.16 % Year to Year, Rajapalayam Mills Limited’s profitability increased by 227.67 % in this quarter.
- EPS over the Year and quarter: EPS declined by -71.88 % Year to Year. EPS increased by 200 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 221.32 Cr | Rs. 202.64 Cr | Rs. 223.33 Cr | + 10.21 % | + 0.91 % |
Expenses | Rs. 198.89 Cr | Rs. 183.8 Cr | Rs. 201.9 Cr | + 9.85 % | + 1.51 % |
Operating Profit | Rs. 22.43 Cr | Rs. 18.84 Cr | Rs. 21.43 Cr | + 13.75 % | -4.46 % |
OPM % | 10.13 % | 9.3 % | 9.6 % | + 0.3 % | -0.53 % |
Other Income | Rs. 27.84 Cr | Rs. 16.27 Cr | Rs. 24.29 Cr | + 49.29 % | -12.75 % |
Interest | Rs. 14.36 Cr | Rs. 20.98 Cr | Rs. 20.55 Cr | -2.05 % | + 43.11 % |
Depreciation | Rs. 13.84 Cr | Rs. 18.86 Cr | Rs. 18.77 Cr | -0.48 % | + 35.62 % |
Profit before tax | Rs. 22.07 Cr | Rs. -4.73 Cr | Rs. 6.4 Cr | + 235.31 % | -71 % |
Tax % | -192.2 % | -26.25 % | -10.8 % | + 15.45 % | + 181.4 % |
Net Profit | Rs. 28.74 Cr | Rs. 2.53 Cr | Rs. 8.29 Cr | + 227.67 % | -71.16 % |
EPS in Rs | Rs. 32 | Rs. 3 | Rs. 9 | + 200 % | -71.88 % |
Today, we’re looking at Rajapalayam Mills 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 0.91 %. However, it did see a marginal increase of 10.21 % from the previous quarter. Expenses ticked up slightly by 9.85 % quarter-on-quarter, aligning with the annual rise of 1.51 %. Operating profit, while down -4.46 % compared to last year, faced a quarter-on-quarter increase of 13.75 %, 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 -0.53 %, but an expansion of 0.3 % sequentially. Other income rose by 49.29 % compared to the last quarter, despite an annual decline of -12.75 %. Interest expenses dropped significantly by -2.05 % from the previous quarter, yet the year-over-year increase remains at a moderate 43.11 %. Depreciation costs fell by -0.48 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 35.62 %. Profit before tax declined annually by -71 % but saw an increase from the preceding quarter by 235.31 %.
Tax expenses as a percentage of profits increased slightly by 181.4 % compared to last year, with a more notable quarter-on-quarter increase of 15.45 %. Net profit fell by -71.16 % year-on-year but experienced a 227.67 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -71.88 % but a quarterly rise of 200 %. In summary, Rajapalayam Mills 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. 221.32 Cr | Rs. 202.64 Cr | Rs. 223.33 Cr | + 10.21 % | + 0.91 % |
Expenses | Rs. 198.89 Cr | Rs. 183.8 Cr | Rs. 201.9 Cr | + 9.85 % | + 1.51 % |
Operating Profit | Rs. 22.43 Cr | Rs. 18.84 Cr | Rs. 21.43 Cr | + 13.75 % | -4.46 % |
Net Profit | Rs. 28.74 Cr | Rs. 2.53 Cr | Rs. 8.29 Cr | + 227.67 % | -71.16 % |
EPS in Rs | Rs. 32 | Rs. 3 | Rs. 9 | + 200 % | -71.88 % |
In reviewing Rajapalayam Mills Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0.91 % year-on-year growth, however, there was a minor increase of 10.21 % from the previous quarter. Expenses rose by 1.51 % compared to the previous year, with a 9.85 % increase quarter-on-quarter. Operating Profit dropped by -4.46 % annually, and saw a 13.75 % increase from the last quarter.
Net Profit showed yearly decrease of -71.16 %, and experienced a 227.67 % increase from the previous quarter. Earnings Per Share (EPS) fell by -71.88 % annually, however rose by 200 % compared to the last quarter. In essence, while Rajapalayam Mills Limited faces strong annual decline 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.