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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 8238.48 % in the past year, decrease in net sales/revenue by -0.52 %.
- 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 405.26 %. Marginal decrease of -29.93% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Rane (Madras) Ltd.. Profit dropped by -9963.16 % Year to Year, Rane (Madras) Ltd.’s profitability dropped by -203.08 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -198.13 % Year to Year. EPS decreased by -203.04 % 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. 6.216 Cr | Rs. 521.05 Cr | Rs. 518.32 Cr | -0.52 % | + 8238.48 % |
| Expenses | Rs. -35 Cr | Rs. 474.05 Cr | Rs. 493.47 Cr | + 4.1 % | + 1509.91 % |
| Operating Profit | Rs. 41.22 Cr | Rs. 47 Cr | Rs. 24.85 Cr | -47.13 % | -39.71 % |
| OPM % | 663.13 % | 9.02 % | 4.79 % | -4.23 % | -658.34 % |
| Other Income | Rs. 0.19 Cr | Rs. 1.37 Cr | Rs. 0.96 Cr | -29.93 % | + 405.26 % |
| Interest | Rs. 12.8 Cr | Rs. 14.64 Cr | Rs. 13.87 Cr | -5.26 % | + 8.36 % |
| Depreciation | Rs. 28.27 Cr | Rs. 20.85 Cr | Rs. 21.92 Cr | + 5.13 % | -22.46 % |
| Profit before tax | Rs. 0.34 Cr | Rs. 12.88 Cr | Rs. -9.98 Cr | -177.48 % | -3035.29 % |
| Tax % | 31.65 % | 29.43 % | -19.08 % | -48.51 % | -50.73 % |
| Net Profit | Rs. 0.1 Cr | Rs. 9.09 Cr | Rs. -9.37 Cr | -203.08 % | -9470 % |
| EPS in Rs | Rs. 5.87 | Rs. 5.59 | Rs. -5.76 | -203.04 % | -198.13 % |
Today, we’re looking at Rane (Madras) Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 8238.48 %. However, it did see a marginal slip of -0.52 % from the previous quarter. Expenses ticked up slightly by 4.1 % quarter-on-quarter, aligning with the annual rise of 1509.91 %. Operating profit, while down -39.71 % compared to last year, faced a quarter-on-quarter dip of -47.13 %, 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 -658.34 %, but a shrinkage of -4.23 % sequentially. Other income fell by -29.93 % compared to the last quarter, despite an annual growth of 405.26 %. Interest expenses dropped significantly by -5.26 % from the previous quarter, yet the year-over-year increase remains at a moderate 8.36 %. Depreciation costs climbed by 5.13 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -22.46 %. Profit before tax declined annually by -3035.29 % but saw a reduction from the preceding quarter by -177.48 %.
Tax expenses as a percentage of profits decreased slightly by -50.73 % compared to last year, with a more notable quarter-on-quarter decrease of -48.51 %. Net profit fell by -9470 % year-on-year but witnessed a -203.08 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -198.13 % but a quarterly fall of -203.04 %. In summary, Rane (Madras) 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. 6.216 Cr | Rs. 521.05 Cr | Rs. 518.32 Cr | -0.52 % | + 8238.48 % |
| Expenses | Rs. -35 Cr | Rs. 474.05 Cr | Rs. 493.47 Cr | + 4.1 % | + 1509.91 % |
| Operating Profit | Rs. 41.22 Cr | Rs. 47 Cr | Rs. 24.85 Cr | -47.13 % | -39.71 % |
| Net Profit | Rs. 0.1 Cr | Rs. 9.09 Cr | Rs. -9.37 Cr | -203.08 % | -9470 % |
| EPS in Rs | Rs. 5.87 | Rs. 5.59 | Rs. -5.76 | -203.04 % | -198.13 % |
In reviewing Rane (Madras) Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 8238.48 % year-on-year growth, although there was a slight dip of -0.52 % from the previous quarter. Expenses rose by 1509.91 % compared to the previous year, with a 4.1 % increase quarter-on-quarter. Operating Profit dropped by -39.71 % annually, and saw a -47.13 % decrease from the last quarter.
Net Profit showed yearly decrease of -9470 %, and experienced a -203.08 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -198.13 % annually, however dipped by -203.04 % compared to the last quarter. In essence, while Rane (Madras) Ltd. 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.
