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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’s sales declined by -25.53 % over the year, decrease in net sales/revenue by -8.72 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -99.96 %, Marginal decrease of -99.94% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Rasandik Engg. Industries India Ltd. Profit dropped by -203.19 % Year to Year, Rasandik Engg. Industries India Ltd’s profitability dropped by -292.75 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -203.28 % Year to Year. EPS decreased by -292.65 % 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. 21.894 Cr | Rs. 17.863 Cr | Rs. 16.305 Cr | -8.72 % | -25.53 % |
Expenses | Rs. 22.57 Cr | Rs. 20.24 Cr | Rs. 17.49 Cr | -13.59 % | -22.51 % |
Operating Profit | Rs. -0.68 Cr | Rs. -2.38 Cr | Rs. -1.19 Cr | + 50 % | -75 % |
OPM % | -3.11 % | -13.32 % | -7.3 % | + 6.02 % | -4.19 % |
Other Income | Rs. 9.064 Cr | Rs. 6.531 Cr | Rs. 0.004 Cr | -99.94 % | -99.96 % |
Interest | Rs. 2.63 Cr | Rs. 0.95 Cr | Rs. 0.89 Cr | -6.32 % | -66.16 % |
Depreciation | Rs. 1.61 Cr | Rs. 1.48 Cr | Rs. 1.21 Cr | -18.24 % | -24.84 % |
Profit before tax | Rs. 4.14 Cr | Rs. 1.72 Cr | Rs. -3.29 Cr | -291.28 % | -179.47 % |
Tax % | 34.18 % | 15.69 % | -14.17 % | -29.86 % | -48.35 % |
Net Profit | Rs. 2.73 Cr | Rs. 1.46 Cr | Rs. -2.82 Cr | -293.15 % | -203.3 % |
EPS in Rs | Rs. 4.57 | Rs. 2.45 | Rs. -4.72 | -292.65 % | -203.28 % |
Today, we’re looking at Rasandik Engg. Industries India Ltd’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -25.53 %. However, it did see a marginal slip of -8.72 % from the previous quarter. Expenses decreased slightly by -13.59 % quarter-on-quarter, aligning with the annual decline of -22.51 %. Operating profit, while down -75 % compared to last year, faced a quarter-on-quarter increase of 50 %, 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 -4.19 %, but an expansion of 6.02 % sequentially. Other income fell by -99.94 % compared to the last quarter, despite an annual decline of -99.96 %. Interest expenses dropped significantly by -6.32 % from the previous quarter, yet the year-over-year decrease remains at a moderate -66.16 %. Depreciation costs fell by -18.24 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -24.84 %. Profit before tax declined annually by -179.47 % but saw a reduction from the preceding quarter by -291.28 %.
Tax expenses as a percentage of profits decreased slightly by -48.35 % compared to last year, with a more notable quarter-on-quarter decrease of -29.86 %. Net profit fell by -203.3 % year-on-year but witnessed a -293.15 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -203.28 % but a quarterly fall of -292.65 %. In summary, Rasandik Engg. Industries India 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. 21.894 Cr | Rs. 17.863 Cr | Rs. 16.305 Cr | -8.72 % | -25.53 % |
Expenses | Rs. 22.57 Cr | Rs. 20.24 Cr | Rs. 17.49 Cr | -13.59 % | -22.51 % |
Operating Profit | Rs. -0.68 Cr | Rs. -2.38 Cr | Rs. -1.19 Cr | + 50 % | -75 % |
Net Profit | Rs. 2.73 Cr | Rs. 1.46 Cr | Rs. -2.82 Cr | -293.15 % | -203.3 % |
EPS in Rs | Rs. 4.57 | Rs. 2.45 | Rs. -4.72 | -292.65 % | -203.28 % |
In reviewing Rasandik Engg. Industries India Ltd’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -25.53 % year-on-year, although there was a slight dip of -8.72 % from the previous quarter. Expenses decreased by -22.51 % compared to the previous year, with a decrease of -13.59 % quarter-on-quarter. Operating Profit dropped by -75 % annually, and saw a 50 % increase from the last quarter.
Net Profit showed yearly decrease of -203.3 %, and experienced a -293.15 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -203.28 % annually, however dipped by -292.65 % compared to the last quarter. In essence, while Rasandik Engg. Industries India Ltd faces strong annual decline 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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