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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 32.71 % in the past year, substantial increase in net sales/revenue by 16.86 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -24.11 %, Marginal decrease of -24.11% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Rama Vision Ltd. Notable increase of 69.84 % in net profit Year to Year, Rama Vision Ltd’s profitability increased by 34.76 % in this quarter.
- EPS over the Year and quarter: EPS increased by 64.29 % Year to Year. EPS increased by 32.18 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 20.217 Cr | Rs. 22.959 Cr | Rs. 26.829 Cr | + 16.86 % | + 32.71 % |
Expenses | Rs. 19.07 Cr | Rs. 20.94 Cr | Rs. 24.41 Cr | + 16.57 % | + 28 % |
Operating Profit | Rs. 1.15 Cr | Rs. 2.02 Cr | Rs. 2.42 Cr | + 19.8 % | + 110.43 % |
OPM % | 5.69 % | 8.8 % | 9.02 % | + 0.22 % | + 3.33 % |
Other Income | Rs. 0.112 Cr | Rs. 0.112 Cr | Rs. 0.085 Cr | -24.11 % | -24.11 % |
Interest | Rs. 0.21 Cr | Rs. 0.54 Cr | Rs. 0.49 Cr | -9.26 % | + 133.33 % |
Depreciation | Rs. 0.11 Cr | Rs. 0.4 Cr | Rs. 0.42 Cr | + 5 % | + 281.82 % |
Profit before tax | Rs. 0.94 Cr | Rs. 1.19 Cr | Rs. 1.6 Cr | + 34.45 % | + 70.21 % |
Tax % | 25.13 % | 25.92 % | 25.17 % | -0.75 % | + 0.04 % |
Net Profit | Rs. 0.7 Cr | Rs. 0.89 Cr | Rs. 1.19 Cr | + 33.71 % | + 70 % |
EPS in Rs | Rs. 0.7 | Rs. 0.87 | Rs. 1.15 | + 32.18 % | + 64.29 % |
Today, we’re looking at Rama Vision Ltd’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 32.71 %. However, it did see a marginal increase of 16.86 % from the previous quarter. Expenses ticked up slightly by 16.57 % quarter-on-quarter, aligning with the annual rise of 28 %. Operating profit, while up 110.43 % compared to last year, faced a quarter-on-quarter increase of 19.8 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 3.33 %, but an expansion of 0.22 % sequentially. Other income fell by -24.11 % compared to the last quarter, despite an annual decline of -24.11 %. Interest expenses dropped significantly by -9.26 % from the previous quarter, yet the year-over-year increase remains at a moderate 133.33 %. Depreciation costs climbed by 5 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 281.82 %. Profit before tax grew annually by 70.21 % but saw an increase from the preceding quarter by 34.45 %.
Tax expenses as a percentage of profits increased slightly by 0.04 % compared to last year, with a more notable quarter-on-quarter decrease of -0.75 %. Net profit rose by 70 % year-on-year but experienced a 33.71 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 64.29 % but a quarterly rise of 32.18 %. In summary, Rama Vision 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. 20.217 Cr | Rs. 22.959 Cr | Rs. 26.829 Cr | + 16.86 % | + 32.71 % |
Expenses | Rs. 19.07 Cr | Rs. 20.94 Cr | Rs. 24.41 Cr | + 16.57 % | + 28 % |
Operating Profit | Rs. 1.15 Cr | Rs. 2.02 Cr | Rs. 2.42 Cr | + 19.8 % | + 110.43 % |
Net Profit | Rs. 0.7 Cr | Rs. 0.89 Cr | Rs. 1.19 Cr | + 33.71 % | + 70 % |
EPS in Rs | Rs. 0.7 | Rs. 0.87 | Rs. 1.15 | + 32.18 % | + 64.29 % |
In reviewing Rama Vision Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 32.71 % year-on-year growth, however, there was a minor increase of 16.86 % from the previous quarter. Expenses rose by 28 % compared to the previous year, with a 16.57 % increase quarter-on-quarter. Operating Profit surged by 110.43 % annually, and saw a 19.8 % increase from the last quarter.
Net Profit showed yearly increase of 70 %, and experienced a 33.71 % increase from the previous quarter. Earnings Per Share (EPS) rose by 64.29 % annually, however rose by 32.18 % compared to the last quarter. In essence, while Rama Vision Ltd exhibits strong annual growth 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.
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