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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 5.35 % in the past year, substantial increase in net sales/revenue by 29.09 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -77.43 %, Marginal decrease of -97.86% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Rajshree Sugars & Chemicals Limited. Profit dropped by -30.4 % Year to Year, Rajshree Sugars & Chemicals Limited’s profitability dropped by -62.41 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -30.62 % Year to Year. EPS decreased by -62.47 % 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. 227.925 Cr | Rs. 186.013 Cr | Rs. 240.119 Cr | + 29.09 % | + 5.35 % |
| Expenses | Rs. 210.2 Cr | Rs. 157.73 Cr | Rs. 223.71 Cr | + 41.83 % | + 6.43 % |
| Operating Profit | Rs. 17.73 Cr | Rs. 28.28 Cr | Rs. 16.41 Cr | -41.97 % | -7.45 % |
| OPM % | 7.78 % | 15.2 % | 6.83 % | -8.37 % | -0.95 % |
| Other Income | Rs. 0.997 Cr | Rs. 10.519 Cr | Rs. 0.225 Cr | -97.86 % | -77.43 % |
| Interest | Rs. 4.33 Cr | Rs. 9.79 Cr | Rs. 4.9 Cr | -49.95 % | + 13.16 % |
| Depreciation | Rs. 5.86 Cr | Rs. 5.9 Cr | Rs. 5.79 Cr | -1.86 % | -1.19 % |
| Profit before tax | Rs. 8.54 Cr | Rs. 23.11 Cr | Rs. 5.95 Cr | -74.25 % | -30.33 % |
| Tax % | 0 % | 31.61 % | 0 % | -31.61 % | 0 % |
| Net Profit | Rs. 8.53 Cr | Rs. 15.8 Cr | Rs. 5.94 Cr | -62.41 % | -30.36 % |
| EPS in Rs | Rs. 2.58 | Rs. 4.77 | Rs. 1.79 | -62.47 % | -30.62 % |
Today, we’re looking at Rajshree Sugars & Chemicals Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 5.35 %. However, it did see a marginal increase of 29.09 % from the previous quarter. Expenses ticked up slightly by 41.83 % quarter-on-quarter, aligning with the annual rise of 6.43 %. Operating profit, while down -7.45 % compared to last year, faced a quarter-on-quarter dip of -41.97 %, 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 -0.95 %, but a shrinkage of -8.37 % sequentially. Other income fell by -97.86 % compared to the last quarter, despite an annual decline of -77.43 %. Interest expenses dropped significantly by -49.95 % from the previous quarter, yet the year-over-year increase remains at a moderate 13.16 %. Depreciation costs fell by -1.86 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -1.19 %. Profit before tax declined annually by -30.33 % but saw a reduction from the preceding quarter by -74.25 %.
with a more notable quarter-on-quarter decrease of -31.61 %. Net profit fell by -30.36 % year-on-year but witnessed a -62.41 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -30.62 % but a quarterly fall of -62.47 %. In summary, Rajshree Sugars & Chemicals 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. 227.925 Cr | Rs. 186.013 Cr | Rs. 240.119 Cr | + 29.09 % | + 5.35 % |
| Expenses | Rs. 210.2 Cr | Rs. 157.73 Cr | Rs. 223.71 Cr | + 41.83 % | + 6.43 % |
| Operating Profit | Rs. 17.73 Cr | Rs. 28.28 Cr | Rs. 16.41 Cr | -41.97 % | -7.45 % |
| Net Profit | Rs. 8.53 Cr | Rs. 15.8 Cr | Rs. 5.94 Cr | -62.41 % | -30.36 % |
| EPS in Rs | Rs. 2.58 | Rs. 4.77 | Rs. 1.79 | -62.47 % | -30.62 % |
In reviewing Rajshree Sugars & Chemicals Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 5.35 % year-on-year growth, however, there was a minor increase of 29.09 % from the previous quarter. Expenses rose by 6.43 % compared to the previous year, with a 41.83 % increase quarter-on-quarter. Operating Profit dropped by -7.45 % annually, and saw a -41.97 % decrease from the last quarter.
Net Profit showed yearly decrease of -30.36 %, and experienced a -62.41 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -30.62 % annually, however dipped by -62.47 % compared to the last quarter. In essence, while Rajshree Sugars & Chemicals Limited 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.
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