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Highlights
- Sales over the Year and quarter: The company’s sales declined by -33.89 % over the year, decrease in net sales/revenue by -32.77 %.
- 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 38.46 %. Marginal increase in other income during this quarter, up by 20%.
- Profit over the Year and quarter: Significant improvement in profitability for Ramgopal Polytex Ltd. Notable increase of 76.43 % in net profit Year to Year, Ramgopal Polytex Ltd’s profitability dropped by -59.74 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 72.73 % Year to Year. EPS decreased by -60.42 % 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. 1.561 Cr | Rs. 1.535 Cr | Rs. 1.032 Cr | -32.77 % | -33.89 % |
Expenses | Rs. 1.8 Cr | Rs. 2.35 Cr | Rs. 1.49 Cr | -36.6 % | -17.22 % |
Operating Profit | Rs. -0.24 Cr | Rs. -0.82 Cr | Rs. -0.46 Cr | + 43.9 % | -91.67 % |
OPM % | -15.37 % | -53.42 % | -44.57 % | + 8.85 % | -29.2 % |
Other Income | Rs. 0.13 Cr | Rs. 0.15 Cr | Rs. 0.18 Cr | + 20 % | + 38.46 % |
Interest | Rs. 0.05 Cr | Rs. 0.03 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. -0.16 Cr | Rs. -0.7 Cr | Rs. -0.28 Cr | + 60 % | -75 % |
Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. -0.16 Cr | Rs. -0.69 Cr | Rs. -0.28 Cr | + 59.42 % | -75 % |
EPS in Rs | Rs. -0.11 | Rs. -0.48 | Rs. -0.19 | + 60.42 % | -72.73 % |
Today, we’re looking at Ramgopal Polytex 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 -33.89 %. However, it did see a marginal slip of -32.77 % from the previous quarter. Expenses decreased slightly by -36.6 % quarter-on-quarter, aligning with the annual decline of -17.22 %. Operating profit, while down -91.67 % compared to last year, faced a quarter-on-quarter increase of 43.9 %, 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 -29.2 %, but an expansion of 8.85 % sequentially. Other income rose by 20 % compared to the last quarter, despite an annual growth of 38.46 %. Profit before tax declined annually by -75 % but saw an increase from the preceding quarter by 60 %.
Net profit fell by -75 % year-on-year but experienced a 59.42 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -72.73 % but a quarterly rise of 60.42 %. In summary, Ramgopal Polytex 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. 1.561 Cr | Rs. 1.535 Cr | Rs. 1.032 Cr | -32.77 % | -33.89 % |
Expenses | Rs. 1.8 Cr | Rs. 2.35 Cr | Rs. 1.49 Cr | -36.6 % | -17.22 % |
Operating Profit | Rs. -0.24 Cr | Rs. -0.82 Cr | Rs. -0.46 Cr | + 43.9 % | -91.67 % |
Net Profit | Rs. -0.16 Cr | Rs. -0.69 Cr | Rs. -0.28 Cr | + 59.42 % | -75 % |
EPS in Rs | Rs. -0.11 | Rs. -0.48 | Rs. -0.19 | + 60.42 % | -72.73 % |
In reviewing Ramgopal Polytex Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -33.89 % year-on-year, although there was a slight dip of -32.77 % from the previous quarter. Expenses decreased by -17.22 % compared to the previous year, with a decrease of -36.6 % quarter-on-quarter. Operating Profit dropped by -91.67 % annually, and saw a 43.9 % increase from the last quarter.
Net Profit showed yearly decrease of -75 %, and experienced a 59.42 % increase from the previous quarter. Earnings Per Share (EPS) fell by -72.73 % annually, however rose by 60.42 % compared to the last quarter. In essence, while Ramgopal Polytex Ltd 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.