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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’s sales declined by -72.47 % over the year, decrease in net sales/revenue by -36.28 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -50 %, Marginal decrease of -99.09% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Ramasigns Industries Limited. Notable increase of 80.52 % in net profit Year to Year, Ramasigns Industries Limited’s profitability dropped by -58.59 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 78.95 % Year to Year. EPS decreased by -58.54 % 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. 3.974 Cr | Rs. 1.717 Cr | Rs. 1.094 Cr | -36.28 % | -72.47 % |
Expenses | Rs. 4.19 Cr | Rs. 3.43 Cr | Rs. 1.85 Cr | -46.06 % | -55.85 % |
Operating Profit | Rs. -0.22 Cr | Rs. -1.71 Cr | Rs. -0.76 Cr | + 55.56 % | -245.45 % |
OPM % | -5.54 % | -99.59 % | -69.47 % | + 30.12 % | -63.93 % |
Other Income | Rs. 0.002 Cr | Rs. 0.11 Cr | Rs. 0.001 Cr | -99.09 % | -50 % |
Interest | Rs. 0.22 Cr | Rs. 0.2 Cr | Rs. 0.21 Cr | + 5 % | -4.55 % |
Depreciation | Rs. 0.1 Cr | Rs. 0 Cr | Rs. 0.05 Cr | 0 % | -50 % |
Profit before tax | Rs. -0.54 Cr | Rs. -1.8 Cr | Rs. -1.02 Cr | + 43.33 % | -88.89 % |
Tax % | -0.56 % | -29.13 % | -5.12 % | + 24.01 % | -4.56 % |
Net Profit | Rs. -0.53 Cr | Rs. -2.33 Cr | Rs. -0.96 Cr | + 58.8 % | -81.13 % |
EPS in Rs | Rs. -0.18 | Rs. -0.78 | Rs. -0.34 | + 56.41 % | -88.89 % |
Today, we’re looking at Ramasigns Industries Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -72.47 %. However, it did see a marginal slip of -36.28 % from the previous quarter. Expenses decreased slightly by -46.06 % quarter-on-quarter, aligning with the annual decline of -55.85 %. Operating profit, while down -245.45 % compared to last year, faced a quarter-on-quarter increase of 55.56 %, 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 -63.93 %, but an expansion of 30.12 % sequentially. Other income fell by -99.09 % compared to the last quarter, despite an annual decline of -50 %. Interest expenses surged remarkably by 5 % from the previous quarter, yet the year-over-year decrease remains at a moderate -4.55 %. yet on an annual scale, they experienced a reduction of -50 %. Profit before tax declined annually by -88.89 % but saw an increase from the preceding quarter by 43.33 %.
Tax expenses as a percentage of profits decreased slightly by -4.56 % compared to last year, with a more notable quarter-on-quarter increase of 24.01 %. Net profit fell by -81.13 % year-on-year but experienced a 58.8 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -88.89 % but a quarterly rise of 56.41 %. In summary, Ramasigns Industries 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. 3.974 Cr | Rs. 1.717 Cr | Rs. 1.094 Cr | -36.28 % | -72.47 % |
Expenses | Rs. 4.19 Cr | Rs. 3.43 Cr | Rs. 1.85 Cr | -46.06 % | -55.85 % |
Operating Profit | Rs. -0.22 Cr | Rs. -1.71 Cr | Rs. -0.76 Cr | + 55.56 % | -245.45 % |
Net Profit | Rs. -0.53 Cr | Rs. -2.33 Cr | Rs. -0.96 Cr | + 58.8 % | -81.13 % |
EPS in Rs | Rs. -0.18 | Rs. -0.78 | Rs. -0.34 | + 56.41 % | -88.89 % |
In reviewing Ramasigns Industries Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -72.47 % year-on-year, although there was a slight dip of -36.28 % from the previous quarter. Expenses decreased by -55.85 % compared to the previous year, with a decrease of -46.06 % quarter-on-quarter. Operating Profit dropped by -245.45 % annually, and saw a 55.56 % increase from the last quarter.
Net Profit showed yearly decrease of -81.13 %, and experienced a 58.8 % increase from the previous quarter. Earnings Per Share (EPS) fell by -88.89 % annually, however rose by 56.41 % compared to the last quarter. In essence, while Ramasigns Industries 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.
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