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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 9.87 % in the past year, substantial increase in net sales/revenue by 8.57 %.
- 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 630 %. Marginal increase in other income during this quarter, up by 156.14%.
- Profit over the Year and quarter: Significant improvement in profitability for Rane Brake Lining Limited. Notable increase of 15.33 % in net profit Year to Year, Rane Brake Lining Limited’s profitability increased by 25.25 % in this quarter.
- EPS over the Year and quarter: EPS increased by 15.31 % Year to Year. EPS increased by 25.31 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 158.03 Cr | Rs. 159.93 Cr | Rs. 173.63 Cr | + 8.57 % | + 9.87 % |
Expenses | Rs. 140.45 Cr | Rs. 142.43 Cr | Rs. 154.44 Cr | + 8.43 % | + 9.96 % |
Operating Profit | Rs. 17.58 Cr | Rs. 17.5 Cr | Rs. 19.19 Cr | + 9.66 % | + 9.16 % |
OPM % | 11.12 % | 10.94 % | 11.05 % | + 0.11 % | -0.07 % |
Other Income | Rs. 0.2 Cr | Rs. 0.57 Cr | Rs. 1.46 Cr | + 156.14 % | + 630 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0.04 Cr | 0 % | 0 % |
Depreciation | Rs. 5.16 Cr | Rs. 6.11 Cr | Rs. 5.62 Cr | -8.02 % | + 8.91 % |
Profit before tax | Rs. 12.62 Cr | Rs. 11.96 Cr | Rs. 14.99 Cr | + 25.33 % | + 18.78 % |
Tax % | 24.01 % | 26.17 % | 26.22 % | + 0.05 % | + 2.21 % |
Net Profit | Rs. 9.59 Cr | Rs. 8.83 Cr | Rs. 11.06 Cr | + 25.25 % | + 15.33 % |
EPS in Rs | Rs. 12.41 | Rs. 11.42 | Rs. 14.31 | + 25.31 % | + 15.31 % |
Today, we’re looking at Rane Brake Lining Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 9.87 %. However, it did see a marginal increase of 8.57 % from the previous quarter. Expenses ticked up slightly by 8.43 % quarter-on-quarter, aligning with the annual rise of 9.96 %. Operating profit, while up 9.16 % compared to last year, faced a quarter-on-quarter increase of 9.66 %, 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 -0.07 %, but an expansion of 0.11 % sequentially. Other income rose by 156.14 % compared to the last quarter, despite an annual growth of 630 %. Depreciation costs fell by -8.02 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 8.91 %. Profit before tax grew annually by 18.78 % but saw an increase from the preceding quarter by 25.33 %.
Tax expenses as a percentage of profits increased slightly by 2.21 % compared to last year, with a more notable quarter-on-quarter increase of 0.05 %. Net profit rose by 15.33 % year-on-year but experienced a 25.25 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 15.31 % but a quarterly rise of 25.31 %. In summary, Rane Brake Lining 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. 158.03 Cr | Rs. 159.93 Cr | Rs. 173.63 Cr | + 8.57 % | + 9.87 % |
Expenses | Rs. 140.45 Cr | Rs. 142.43 Cr | Rs. 154.44 Cr | + 8.43 % | + 9.96 % |
Operating Profit | Rs. 17.58 Cr | Rs. 17.5 Cr | Rs. 19.19 Cr | + 9.66 % | + 9.16 % |
Net Profit | Rs. 9.59 Cr | Rs. 8.83 Cr | Rs. 11.06 Cr | + 25.25 % | + 15.33 % |
EPS in Rs | Rs. 12.41 | Rs. 11.42 | Rs. 14.31 | + 25.31 % | + 15.31 % |
In reviewing Rane Brake Lining Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 9.87 % year-on-year growth, however, there was a minor increase of 8.57 % from the previous quarter. Expenses rose by 9.96 % compared to the previous year, with a 8.43 % increase quarter-on-quarter. Operating Profit surged by 9.16 % annually, and saw a 9.66 % increase from the last quarter.
Net Profit showed yearly increase of 15.33 %, and experienced a 25.25 % increase from the previous quarter. Earnings Per Share (EPS) rose by 15.31 % annually, however rose by 25.31 % compared to the last quarter. In essence, while Rane Brake Lining Limited 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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