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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 -4.23 % over the year, decrease in net sales/revenue by -2.9 %.
- 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 434.55 %. Marginal increase in other income during this quarter, up by 345.45%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Rasi Electrodes Ltd.. Profit dropped by -13.84 % Year to Year, Rasi Electrodes Ltd.’s profitability dropped by -26.53 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -13.79 % Year to Year. EPS decreased by -28.57 % 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. 21.546 Cr | Rs. 21.25 Cr | Rs. 20.634 Cr | -2.9 % | -4.23 % |
Expenses | Rs. 20.2 Cr | Rs. 19.92 Cr | Rs. 19.39 Cr | -2.66 % | -4.01 % |
Operating Profit | Rs. 1.35 Cr | Rs. 1.33 Cr | Rs. 1.24 Cr | -6.77 % | -8.15 % |
OPM % | 6.27 % | 6.26 % | 6.01 % | -0.25 % | -0.26 % |
Other Income | Rs. 0.055 Cr | Rs. 0.066 Cr | Rs. 0.294 Cr | + 345.45 % | + 434.55 % |
Interest | Rs. 0.01 Cr | Rs. 0.04 Cr | Rs. 0.03 Cr | -25 % | + 200 % |
Depreciation | Rs. 0.15 Cr | Rs. 0.2 Cr | Rs. 0.2 Cr | + 0 % | + 33.33 % |
Profit before tax | Rs. 1.25 Cr | Rs. 1.16 Cr | Rs. 1.3 Cr | + 12.07 % | + 4 % |
Tax % | 25.26 % | 5.37 % | 38.61 % | + 33.24 % | + 13.35 % |
Net Profit | Rs. 0.93 Cr | Rs. 1.09 Cr | Rs. 0.8 Cr | -26.61 % | -13.98 % |
EPS in Rs | Rs. 0.29 | Rs. 0.35 | Rs. 0.25 | -28.57 % | -13.79 % |
Today, we’re looking at Rasi Electrodes 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 -4.23 %. However, it did see a marginal slip of -2.9 % from the previous quarter. Expenses decreased slightly by -2.66 % quarter-on-quarter, aligning with the annual decline of -4.01 %. Operating profit, while down -8.15 % compared to last year, faced a quarter-on-quarter dip of -6.77 %, 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 -0.26 %, but a shrinkage of -0.25 % sequentially. Other income rose by 345.45 % compared to the last quarter, despite an annual growth of 434.55 %. Interest expenses dropped significantly by -25 % from the previous quarter, yet the year-over-year increase remains at a moderate 200 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 33.33 %. Profit before tax grew annually by 4 % but saw an increase from the preceding quarter by 12.07 %.
Tax expenses as a percentage of profits increased slightly by 13.35 % compared to last year, with a more notable quarter-on-quarter increase of 33.24 %. Net profit fell by -13.98 % year-on-year but witnessed a -26.61 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -13.79 % but a quarterly fall of -28.57 %. In summary, Rasi Electrodes 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. 21.546 Cr | Rs. 21.25 Cr | Rs. 20.634 Cr | -2.9 % | -4.23 % |
Expenses | Rs. 20.2 Cr | Rs. 19.92 Cr | Rs. 19.39 Cr | -2.66 % | -4.01 % |
Operating Profit | Rs. 1.35 Cr | Rs. 1.33 Cr | Rs. 1.24 Cr | -6.77 % | -8.15 % |
Net Profit | Rs. 0.93 Cr | Rs. 1.09 Cr | Rs. 0.8 Cr | -26.61 % | -13.98 % |
EPS in Rs | Rs. 0.29 | Rs. 0.35 | Rs. 0.25 | -28.57 % | -13.79 % |
In reviewing Rasi Electrodes Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -4.23 % year-on-year, although there was a slight dip of -2.9 % from the previous quarter. Expenses decreased by -4.01 % compared to the previous year, with a decrease of -2.66 % quarter-on-quarter. Operating Profit dropped by -8.15 % annually, and saw a -6.77 % decrease from the last quarter.
Net Profit showed yearly decrease of -13.98 %, and experienced a -26.61 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -13.79 % annually, however dipped by -28.57 % compared to the last quarter. In essence, while Rasi Electrodes 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.
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