Share the post "RATTANINDIA ENTERPRISES : Q4 2024 Financial Quarterly Report : YoY Sales Up 17.05 %, QoQ Down 21.72 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 17.05 % in the past year, decrease in net sales/revenue by -21.72 %.
- 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 1518.18 %. Marginal decrease of -97.25% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for RATTANINDIA ENTERPRISES LIMITED. Profit dropped by -40.95 % Year to Year, RATTANINDIA ENTERPRISES LIMITED’s profitability dropped by -143.5 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -42.16 % Year to Year. EPS decreased by -143.38 % 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. 1105.765 Cr | Rs. 1653.499 Cr | Rs. 1294.299 Cr | -21.72 % | + 17.05 % |
| Expenses | Rs. 1216.75 Cr | Rs. 1630.11 Cr | Rs. 1349.21 Cr | -17.23 % | + 10.89 % |
| Operating Profit | Rs. -110.99 Cr | Rs. 23.39 Cr | Rs. -54.91 Cr | -334.76 % | + 50.53 % |
| OPM % | -10.04 % | 1.41 % | -4.24 % | -5.65 % | + 5.8 % |
| Other Income | Rs. -0.44 Cr | Rs. 227.04 Cr | Rs. 6.24 Cr | -97.25 % | + 1518.18 % |
| Interest | Rs. 21.38 Cr | Rs. 32.46 Cr | Rs. 28.65 Cr | -11.74 % | + 34 % |
| Depreciation | Rs. 3.81 Cr | Rs. 5.05 Cr | Rs. 4.01 Cr | -20.59 % | + 5.25 % |
| Profit before tax | Rs. -136.62 Cr | Rs. 212.92 Cr | Rs. -81.33 Cr | -138.2 % | + 40.47 % |
| Tax % | -1.07 % | 12.01 % | -0.21 % | -12.22 % | + 0.86 % |
| Net Profit | Rs. -138.04 Cr | Rs. 187.35 Cr | Rs. -81.51 Cr | -143.51 % | + 40.95 % |
| EPS in Rs | Rs. -1.02 | Rs. 1.36 | Rs. -0.59 | -143.38 % | + 42.16 % |
Today, we’re looking at RATTANINDIA ENTERPRISES LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 17.05 %. However, it did see a marginal slip of -21.72 % from the previous quarter. Expenses decreased slightly by -17.23 % quarter-on-quarter, aligning with the annual rise of 10.89 %. Operating profit, while up 50.53 % compared to last year, faced a quarter-on-quarter dip of -334.76 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 5.8 %, but a shrinkage of -5.65 % sequentially. Other income fell by -97.25 % compared to the last quarter, despite an annual growth of 1518.18 %. Interest expenses dropped significantly by -11.74 % from the previous quarter, yet the year-over-year increase remains at a moderate 34 %. Depreciation costs fell by -20.59 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 5.25 %. Profit before tax grew annually by 40.47 % but saw a reduction from the preceding quarter by -138.2 %.
Tax expenses as a percentage of profits increased slightly by 0.86 % compared to last year, with a more notable quarter-on-quarter decrease of -12.22 %. Net profit rose by 40.95 % year-on-year but witnessed a -143.51 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 42.16 % but a quarterly fall of -143.38 %. In summary, RATTANINDIA ENTERPRISES LIMITED’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. 1105.765 Cr | Rs. 1653.499 Cr | Rs. 1294.299 Cr | -21.72 % | + 17.05 % |
| Expenses | Rs. 1216.75 Cr | Rs. 1630.11 Cr | Rs. 1349.21 Cr | -17.23 % | + 10.89 % |
| Operating Profit | Rs. -110.99 Cr | Rs. 23.39 Cr | Rs. -54.91 Cr | -334.76 % | + 50.53 % |
| Net Profit | Rs. -138.04 Cr | Rs. 187.35 Cr | Rs. -81.51 Cr | -143.51 % | + 40.95 % |
| EPS in Rs | Rs. -1.02 | Rs. 1.36 | Rs. -0.59 | -143.38 % | + 42.16 % |
In reviewing RATTANINDIA ENTERPRISES LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 17.05 % year-on-year growth, although there was a slight dip of -21.72 % from the previous quarter. Expenses rose by 10.89 % compared to the previous year, with a decrease of -17.23 % quarter-on-quarter. Operating Profit surged by 50.53 % annually, and saw a -334.76 % decrease from the last quarter.
Net Profit showed yearly increase of 40.95 %, and experienced a -143.51 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 42.16 % annually, however dipped by -143.38 % compared to the last quarter. In essence, while RATTANINDIA ENTERPRISES LIMITED 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.
