Highlights
- Sales over the Year and quarter: The company’s sales declined by -7.19 % over the year, substantial increase in net sales/revenue by 3.96 %.
- 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 164.22 %. Marginal increase in other income during this quarter, up by 9.28%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Rane Holdings Ltd.. Profit dropped by -576.49 % Year to Year, Rane Holdings Ltd.’s profitability dropped by -20.03 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -266.59 % Year to Year. EPS decreased by -19.39 % 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. 937.65 Cr | Rs. 837.04 Cr | Rs. 870.19 Cr | + 3.96 % | -7.19 % |
| Expenses | Rs. 833.9 Cr | Rs. 746.85 Cr | Rs. 786.85 Cr | + 5.36 % | -5.64 % |
| Operating Profit | Rs. 103.75 Cr | Rs. 90.19 Cr | Rs. 83.34 Cr | -7.6 % | -19.67 % |
| OPM % | 11.06 % | 10.77 % | 9.58 % | -1.19 % | -1.48 % |
| Other Income | Rs. -32.28 Cr | Rs. 18.97 Cr | Rs. 20.73 Cr | + 9.28 % | + 164.22 % |
| Interest | Rs. 17.05 Cr | Rs. 18.28 Cr | Rs. 17.38 Cr | -4.92 % | + 1.94 % |
| Depreciation | Rs. 39.9 Cr | Rs. 32.1 Cr | Rs. 34.6 Cr | + 7.79 % | -13.28 % |
| Profit before tax | Rs. 14.52 Cr | Rs. 58.78 Cr | Rs. 52.09 Cr | -11.38 % | + 258.75 % |
| Tax % | 24.93 % | 24.37 % | 23.31 % | -1.06 % | -1.62 % |
| Net Profit | Rs. -8.06 Cr | Rs. 48.03 Cr | Rs. 38.41 Cr | -20.03 % | + 576.55 % |
| EPS in Rs | Rs. -13.2 | Rs. 27.28 | Rs. 21.99 | -19.39 % | + 266.59 % |
Today, we’re looking at Rane Holdings 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 -7.19 %. However, it did see a marginal increase of 3.96 % from the previous quarter. Expenses ticked up slightly by 5.36 % quarter-on-quarter, aligning with the annual decline of -5.64 %. Operating profit, while down -19.67 % compared to last year, faced a quarter-on-quarter dip of -7.6 %, 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 -1.48 %, but a shrinkage of -1.19 % sequentially. Other income rose by 9.28 % compared to the last quarter, despite an annual growth of 164.22 %. Interest expenses dropped significantly by -4.92 % from the previous quarter, yet the year-over-year increase remains at a moderate 1.94 %. Depreciation costs climbed by 7.79 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -13.28 %. Profit before tax grew annually by 258.75 % but saw a reduction from the preceding quarter by -11.38 %.
Tax expenses as a percentage of profits decreased slightly by -1.62 % compared to last year, with a more notable quarter-on-quarter decrease of -1.06 %. Net profit rose by 576.55 % year-on-year but witnessed a -20.03 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 266.59 % but a quarterly fall of -19.39 %. In summary, Rane Holdings 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. 937.65 Cr | Rs. 837.04 Cr | Rs. 870.19 Cr | + 3.96 % | -7.19 % |
| Expenses | Rs. 833.9 Cr | Rs. 746.85 Cr | Rs. 786.85 Cr | + 5.36 % | -5.64 % |
| Operating Profit | Rs. 103.75 Cr | Rs. 90.19 Cr | Rs. 83.34 Cr | -7.6 % | -19.67 % |
| Net Profit | Rs. -8.06 Cr | Rs. 48.03 Cr | Rs. 38.41 Cr | -20.03 % | + 576.55 % |
| EPS in Rs | Rs. -13.2 | Rs. 27.28 | Rs. 21.99 | -19.39 % | + 266.59 % |
In reviewing Rane Holdings Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -7.19 % year-on-year, however, there was a minor increase of 3.96 % from the previous quarter. Expenses decreased by -5.64 % compared to the previous year, with a 5.36 % increase quarter-on-quarter. Operating Profit dropped by -19.67 % annually, and saw a -7.6 % decrease from the last quarter.
Net Profit showed yearly increase of 576.55 %, and experienced a -20.03 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 266.59 % annually, however dipped by -19.39 % compared to the last quarter. In essence, while Rane Holdings Ltd. exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
