Highlights
- Sales over the Year and quarter: The company’s sales declined by -67.83 % over the year, substantial increase in net sales/revenue by 12.3 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -93.82 %, Marginal decrease of % in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Ramasigns Industries Limited. Profit dropped by -304.21 % Year to Year, Ramasigns Industries Limited’s profitability increased by 62 % in this quarter.
- EPS over the Year and quarter: EPS declined by -305.00 % Year to Year. EPS increased by 64 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 5.337 Cr | Rs. 1.529 Cr | Rs. 1.717 Cr | + 12.3 % | -67.83 % |
| Expenses | Rs. 5.63 Cr | Rs. 2.68 Cr | Rs. 3.43 Cr | + 27.99 % | -39.08 % |
| Operating Profit | Rs. -0.29 Cr | Rs. -1.15 Cr | Rs. -1.71 Cr | -48.7 % | -489.66 % |
| OPM % | -5.43 % | -75.21 % | -99.59 % | -24.38 % | -94.16 % |
| Other Income | Rs. 1.78 Cr | Rs. -0 Cr | Rs. 0.11 Cr | 0 % | -93.82 % |
| Interest | Rs. 0.22 Cr | Rs. 0.24 Cr | Rs. 0.2 Cr | -16.67 % | -9.09 % |
| Depreciation | Rs. 0.12 Cr | Rs. 0.06 Cr | Rs. 0 Cr | 0 % | 0 % |
| Profit before tax | Rs. 1.15 Cr | Rs. -1.45 Cr | Rs. -1.8 Cr | -24.14 % | -256.52 % |
| Tax % | 0.18 % | -0.28 % | -29.13 % | -28.85 % | -29.31 % |
| Net Profit | Rs. 1.14 Cr | Rs. -1.44 Cr | Rs. -2.33 Cr | -61.81 % | -304.39 % |
| EPS in Rs | Rs. 0.4 | Rs. -0.48 | Rs. -0.78 | -62.5 % | -295 % |
Today, we’re looking at Ramasigns Industries Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -67.83 %. However, it did see a marginal increase of 12.3 % from the previous quarter. Expenses ticked up slightly by 27.99 % quarter-on-quarter, aligning with the annual decline of -39.08 %. Operating profit, while down -489.66 % compared to last year, faced a quarter-on-quarter dip of -48.7 %, 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 -94.16 %, but a shrinkage of -24.38 % sequentially. despite an annual decline of -93.82 %. Interest expenses dropped significantly by -16.67 % from the previous quarter, yet the year-over-year decrease remains at a moderate -9.09 %. Profit before tax declined annually by -256.52 % but saw a reduction from the preceding quarter by -24.14 %.
Tax expenses as a percentage of profits decreased slightly by -29.31 % compared to last year, with a more notable quarter-on-quarter decrease of -28.85 %. Net profit fell by -304.39 % year-on-year but witnessed a -61.81 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -295 % but a quarterly fall of -62.5 %. 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. 5.337 Cr | Rs. 1.529 Cr | Rs. 1.717 Cr | + 12.3 % | -67.83 % |
| Expenses | Rs. 5.63 Cr | Rs. 2.68 Cr | Rs. 3.43 Cr | + 27.99 % | -39.08 % |
| Operating Profit | Rs. -0.29 Cr | Rs. -1.15 Cr | Rs. -1.71 Cr | -48.7 % | -489.66 % |
| Net Profit | Rs. 1.14 Cr | Rs. -1.44 Cr | Rs. -2.33 Cr | -61.81 % | -304.39 % |
| EPS in Rs | Rs. 0.4 | Rs. -0.48 | Rs. -0.78 | -62.5 % | -295 % |
In reviewing Ramasigns Industries Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -67.83 % year-on-year, however, there was a minor increase of 12.3 % from the previous quarter. Expenses decreased by -39.08 % compared to the previous year, with a 27.99 % increase quarter-on-quarter. Operating Profit dropped by -489.66 % annually, and saw a -48.7 % decrease from the last quarter.
Net Profit showed yearly decrease of -304.39 %, and experienced a -61.81 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -295 % annually, however dipped by -62.5 % compared to the last quarter. In essence, while Ramasigns Industries 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.
