Highlights
- Sales over the Year and quarter: The company’s sales declined by -33.56 % over the year, decrease in net sales/revenue by -28.6 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is %, Marginal decrease of % in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Rajasthan Tube Mfg. Co. Profit dropped by -109.93 % Year to Year, Rajasthan Tube Mfg. Co’s profitability dropped by -123.92 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -110.29 % Year to Year. EPS decreased by -124.56 % 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. 28.414 Cr | Rs. 26.443 Cr | Rs. 18.879 Cr | -28.6 % | -33.56 % |
Expenses | Rs. 27.3 Cr | Rs. 25.81 Cr | Rs. 18.51 Cr | -28.28 % | -32.2 % |
Operating Profit | Rs. 1.11 Cr | Rs. 0.63 Cr | Rs. 0.37 Cr | -41.27 % | -66.67 % |
OPM % | 3.91 % | 2.38 % | 1.96 % | -0.42 % | -1.95 % |
Other Income | Rs. 0.62 Cr | Rs. 0.01 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0.41 Cr | Rs. 0.36 Cr | Rs. 0.35 Cr | -2.78 % | -14.63 % |
Depreciation | Rs. 0.02 Cr | Rs. 0.03 Cr | Rs. 0.03 Cr | + 0 % | + 50 % |
Profit before tax | Rs. 1.3 Cr | Rs. 0.25 Cr | Rs. -0.01 Cr | -104 % | -100.77 % |
Tax % | 11.53 % | 0 % | -454.55 % | -454.55 % | -466.08 % |
Net Profit | Rs. 0.61 Cr | Rs. 0.26 Cr | Rs. -0.06 Cr | -123.08 % | -109.84 % |
EPS in Rs | Rs. 1.36 | Rs. 0.57 | Rs. -0.14 | -124.56 % | -110.29 % |
Today, we’re looking at Rajasthan Tube Mfg. Co’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -33.56 %. However, it did see a marginal slip of -28.6 % from the previous quarter. Expenses decreased slightly by -28.28 % quarter-on-quarter, aligning with the annual decline of -32.2 %. Operating profit, while down -66.67 % compared to last year, faced a quarter-on-quarter dip of -41.27 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -1.95 %, but a shrinkage of -0.42 % sequentially. Interest expenses dropped significantly by -2.78 % from the previous quarter, yet the year-over-year decrease remains at a moderate -14.63 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 50 %. Profit before tax declined annually by -100.77 % but saw a reduction from the preceding quarter by -104 %.
Tax expenses as a percentage of profits decreased slightly by -466.08 % compared to last year, with a more notable quarter-on-quarter decrease of -454.55 %. Net profit fell by -109.84 % year-on-year but witnessed a -123.08 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -110.29 % but a quarterly fall of -124.56 %. In summary, Rajasthan Tube Mfg. Co’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. 28.414 Cr | Rs. 26.443 Cr | Rs. 18.879 Cr | -28.6 % | -33.56 % |
Expenses | Rs. 27.3 Cr | Rs. 25.81 Cr | Rs. 18.51 Cr | -28.28 % | -32.2 % |
Operating Profit | Rs. 1.11 Cr | Rs. 0.63 Cr | Rs. 0.37 Cr | -41.27 % | -66.67 % |
Net Profit | Rs. 0.61 Cr | Rs. 0.26 Cr | Rs. -0.06 Cr | -123.08 % | -109.84 % |
EPS in Rs | Rs. 1.36 | Rs. 0.57 | Rs. -0.14 | -124.56 % | -110.29 % |
In reviewing Rajasthan Tube Mfg. Co’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -33.56 % year-on-year, although there was a slight dip of -28.6 % from the previous quarter. Expenses decreased by -32.2 % compared to the previous year, with a decrease of -28.28 % quarter-on-quarter. Operating Profit dropped by -66.67 % annually, and saw a -41.27 % decrease from the last quarter.
Net Profit showed yearly decrease of -109.84 %, and experienced a -123.08 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -110.29 % annually, however dipped by -124.56 % compared to the last quarter. In essence, while Rajasthan Tube Mfg. Co faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.