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Highlights
- Sales over the Year and quarter: The company’s sales declined by -16.57% over the yearDecrease in net sales/revenue by -27.09%
- 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 32.45%Marginal increase in other income during this quarter, up by 200%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Rallis India Ltd. Profit dropped by -69.62% Year to YearRallis India Ltd’s profitability dropped by -187.50% Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -69.86% Year to Year.EPS decreased by -185.60%. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 522.62 Cr | Rs. 598 Cr | Rs. 436 Cr | -27.09% | -16.57% |
Expenses | Rs. 587.87 Cr | Rs. 536 Cr | Rs. 430 Cr | -19.78% | -26.85% |
Operating Profit | Rs. -65.25 Cr | Rs. 62 Cr | Rs. 6 Cr | -90.32% | + 109.2% |
OPM % | -12.49 % | 10.37 % | 1.38 % | -8.99% | + 13.87% |
Other Income | Rs. 4.53 Cr | Rs. 2 Cr | Rs. 6 Cr | + 200% | + 32.45% |
Interest | Rs. 4.93 Cr | Rs. 4 Cr | Rs. 8 Cr | + 100% | + 62.27% |
Depreciation | Rs. 22.63 Cr | Rs. 30 Cr | Rs. 33 Cr | + 10% | + 45.82% |
Profit before tax | Rs. -88.28 Cr | Rs. 30 Cr | Rs. -29 Cr | -196.67% | + 67.15% |
Tax % | -21.69 % | 20 % | -27.59 % | -47.59% | -5.9% |
Net Profit | Rs. -69.13 Cr | Rs. 24 Cr | Rs. -21 Cr | -187.5% | + 69.62% |
EPS in Rs | Rs. -3.55 | Rs. 1.25 | Rs. -1.07 | -185.6% | + 69.86% |
Today, we’re looking at Rallis India Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -16.57%. However, it did see a marginal slip of -27.09% from the previous quarter.Expenses decreased slightly by -19.78% quarter-on-quarter, aligning with the annual decline of -26.85%. Operating profit, while up 109.2% compared to last year, faced a quarter-on-quarter dip of -90.32%, 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 13.87%, but a shrinkage of -8.99% sequentially. Other income rose by 200% compared to the last quarter,despite an annual growth of 32.45%. Interest expenses surged remarkably by 100% from the previous quarter, yet the year-over-year increase remains at a moderate 62.27%. Depreciation costs climbed by 10% quarter-on-quarter, whereas on an annual scale, they saw an increase of 45.82%. Profit before tax grew annually by 67.15% but saw a reduction from the preceding quarter by -196.67%.
Tax expenses as a percentage of profits decreased slightly by -5.9% compared to last year, with a more notable quarter-on-quarter decrease of -47.59%. Net profit rose by 69.62% year-on-year but witnessed a -187.5% contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 69.86% but a quarterly fall of -185.6%. In summary, Rallis India Ltd’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. 522.62 Cr | Rs. 598 Cr | Rs. 436 Cr | -27.09% | -16.57% |
Expenses | Rs. 587.87 Cr | Rs. 536 Cr | Rs. 430 Cr | -19.78% | -26.85% |
Operating Profit | Rs. -65.25 Cr | Rs. 62 Cr | Rs. 6 Cr | -90.32% | + 109.2% |
Net Profit | Rs. -69.13 Cr | Rs. 24 Cr | Rs. -21 Cr | -187.5% | + 69.62% |
EPS in Rs | Rs. -3.55 | Rs. 1.25 | Rs. -1.07 | -185.6% | + 69.86% |
In reviewing Rallis India Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -16.57% year-on-year, although there was a slight dip of -27.09% from the previous quarter.Expenses decreased by -26.85% compared to the previous year, with a decrease of -19.78% quarter-on-quarter. Operating Profit surged by 109.2% annually, and saw a -90.32% decrease from the last quarter.
Net Profit showed yearly increase of 69.62%, and experienced a -187.5% decrease from the previous quarter.Earnings Per Share (EPS) rose by 69.86% annually, however dipped by -185.6% compared to the last quarter. In essence, while Rallis India Ltd 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.