Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 12.95 % in the past year, substantial increase in net sales/revenue by 13.38 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -45.83 %, Marginal decrease of -24.64% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Rane Brake Lining Limited. Notable increase of 28.04 % in net profit Year to Year, Rane Brake Lining Limited’s profitability increased by 52.08 % in this quarter.
- EPS over the Year and quarter: EPS increased by 28.04 % Year to Year. EPS increased by 52.1 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 164.87 Cr | Rs. 164.25 Cr | Rs. 186.22 Cr | + 13.38 % | + 12.95 % |
| Expenses | Rs. 144.82 Cr | Rs. 146.17 Cr | Rs. 158.1 Cr | + 8.16 % | + 9.17 % |
| Operating Profit | Rs. 20.05 Cr | Rs. 18.08 Cr | Rs. 28.12 Cr | + 55.53 % | + 40.25 % |
| OPM % | 12.16 % | 11.01 % | 15.1 % | + 4.09 % | + 2.94 % |
| Other Income | Rs. 0.96 Cr | Rs. 0.69 Cr | Rs. 0.52 Cr | -24.64 % | -45.83 % |
| Interest | Rs. 0.03 Cr | Rs. 0 Cr | Rs. 0.03 Cr | 0 % | + 0 % |
| Depreciation | Rs. 5.24 Cr | Rs. 5.24 Cr | Rs. 6.31 Cr | + 20.42 % | + 20.42 % |
| Profit before tax | Rs. 15.74 Cr | Rs. 13.53 Cr | Rs. 22.3 Cr | + 64.82 % | + 41.68 % |
| Tax % | 23.63 % | 25.2 % | 26.99 % | + 1.79 % | + 3.36 % |
| Net Profit | Rs. 12.02 Cr | Rs. 10.12 Cr | Rs. 15.39 Cr | + 52.08 % | + 28.04 % |
| EPS in Rs | Rs. 15.55 | Rs. 13.09 | Rs. 19.91 | + 52.1 % | + 28.04 % |
Today, we’re looking at Rane Brake Lining Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 12.95 %. However, it did see a marginal increase of 13.38 % from the previous quarter. Expenses ticked up slightly by 8.16 % quarter-on-quarter, aligning with the annual rise of 9.17 %. Operating profit, while up 40.25 % compared to last year, faced a quarter-on-quarter increase of 55.53 %, 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 2.94 %, but an expansion of 4.09 % sequentially. Other income fell by -24.64 % compared to the last quarter, despite an annual decline of -45.83 %. yet the year-over-year increase remains at a moderate 0 %. Depreciation costs climbed by 20.42 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 20.42 %. Profit before tax grew annually by 41.68 % but saw an increase from the preceding quarter by 64.82 %.
Tax expenses as a percentage of profits increased slightly by 3.36 % compared to last year, with a more notable quarter-on-quarter increase of 1.79 %. Net profit rose by 28.04 % year-on-year but experienced a 52.08 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 28.04 % but a quarterly rise of 52.1 %. 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. 164.87 Cr | Rs. 164.25 Cr | Rs. 186.22 Cr | + 13.38 % | + 12.95 % |
| Expenses | Rs. 144.82 Cr | Rs. 146.17 Cr | Rs. 158.1 Cr | + 8.16 % | + 9.17 % |
| Operating Profit | Rs. 20.05 Cr | Rs. 18.08 Cr | Rs. 28.12 Cr | + 55.53 % | + 40.25 % |
| Net Profit | Rs. 12.02 Cr | Rs. 10.12 Cr | Rs. 15.39 Cr | + 52.08 % | + 28.04 % |
| EPS in Rs | Rs. 15.55 | Rs. 13.09 | Rs. 19.91 | + 52.1 % | + 28.04 % |
In reviewing Rane Brake Lining Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 12.95 % year-on-year growth, however, there was a minor increase of 13.38 % from the previous quarter. Expenses rose by 9.17 % compared to the previous year, with a 8.16 % increase quarter-on-quarter. Operating Profit surged by 40.25 % annually, and saw a 55.53 % increase from the last quarter.
Net Profit showed yearly increase of 28.04 %, and experienced a 52.08 % increase from the previous quarter. Earnings Per Share (EPS) rose by 28.04 % annually, however rose by 52.1 % 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.
