Share the post "Rapicut Carbides Ltd.,’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 7.72 % in YoY and increased by 10.84 % in QoQ"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 7.72 % in the past year, substantial increase in net sales/revenue by 10.84 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is %, Marginal increase in other income during this quarter, up by 50%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Rapicut Carbides Ltd.,. Profit dropped by -258.75 % Year to Year, Rapicut Carbides Ltd.,’s profitability increased by 15.55 % in this quarter.
- EPS over the Year and quarter: EPS declined by -258.73 % Year to Year. EPS increased by 16.28 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 15.705 Cr | Rs. 15.262 Cr | Rs. 16.917 Cr | + 10.84 % | + 7.72 % |
Expenses | Rs. 15.56 Cr | Rs. 14.49 Cr | Rs. 16.14 Cr | + 11.39 % | + 3.73 % |
Operating Profit | Rs. 0.15 Cr | Rs. 0.77 Cr | Rs. 0.78 Cr | + 1.3 % | + 420 % |
OPM % | 0.96 % | 5.05 % | 4.61 % | -0.44 % | + 3.65 % |
Other Income | Rs. -0 Cr | Rs. 0.02 Cr | Rs. 0.03 Cr | + 50 % | 0 % |
Interest | Rs. 0.1 Cr | Rs. 0.17 Cr | Rs. 0.14 Cr | -17.65 % | + 40 % |
Depreciation | Rs. 0.15 Cr | Rs. 0.12 Cr | Rs. 0.12 Cr | + 0 % | -20 % |
Profit before tax | Rs. -0.1 Cr | Rs. 0.5 Cr | Rs. 0.55 Cr | + 10 % | + 650 % |
Tax % | -203.6 % | 8.68 % | 1.47 % | -7.21 % | + 205.07 % |
Net Profit | Rs. -0.34 Cr | Rs. 0.46 Cr | Rs. 0.54 Cr | + 17.39 % | + 258.82 % |
EPS in Rs | Rs. -0.63 | Rs. 0.86 | Rs. 1 | + 16.28 % | + 258.73 % |
Today, we’re looking at Rapicut Carbides 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 7.72 %. However, it did see a marginal increase of 10.84 % from the previous quarter. Expenses ticked up slightly by 11.39 % quarter-on-quarter, aligning with the annual rise of 3.73 %. Operating profit, while up 420 % compared to last year, faced a quarter-on-quarter increase of 1.3 %, 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 3.65 %, but a shrinkage of -0.44 % sequentially. Other income rose by 50 % compared to the last quarter, Interest expenses dropped significantly by -17.65 % from the previous quarter, yet the year-over-year increase remains at a moderate 40 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -20 %. Profit before tax grew annually by 650 % but saw an increase from the preceding quarter by 10 %.
Tax expenses as a percentage of profits increased slightly by 205.07 % compared to last year, with a more notable quarter-on-quarter decrease of -7.21 %. Net profit rose by 258.82 % year-on-year but experienced a 17.39 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 258.73 % but a quarterly rise of 16.28 %. In summary, Rapicut Carbides 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. 15.705 Cr | Rs. 15.262 Cr | Rs. 16.917 Cr | + 10.84 % | + 7.72 % |
Expenses | Rs. 15.56 Cr | Rs. 14.49 Cr | Rs. 16.14 Cr | + 11.39 % | + 3.73 % |
Operating Profit | Rs. 0.15 Cr | Rs. 0.77 Cr | Rs. 0.78 Cr | + 1.3 % | + 420 % |
Net Profit | Rs. -0.34 Cr | Rs. 0.46 Cr | Rs. 0.54 Cr | + 17.39 % | + 258.82 % |
EPS in Rs | Rs. -0.63 | Rs. 0.86 | Rs. 1 | + 16.28 % | + 258.73 % |
In reviewing Rapicut Carbides Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7.72 % year-on-year growth, however, there was a minor increase of 10.84 % from the previous quarter. Expenses rose by 3.73 % compared to the previous year, with a 11.39 % increase quarter-on-quarter. Operating Profit surged by 420 % annually, and saw a 1.3 % increase from the last quarter.
Net Profit showed yearly increase of 258.82 %, and experienced a 17.39 % increase from the previous quarter. Earnings Per Share (EPS) rose by 258.73 % annually, however rose by 16.28 % compared to the last quarter. In essence, while Rapicut Carbides Ltd., 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.