Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 18.23 % in the past year, substantial increase in net sales/revenue by 32.44 %.
- 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 200 %. Marginal increase in other income during this quarter, up by 29.25%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Raw Edge Industrial Solutions Limited. Profit dropped by -250.65 % Year to Year, Raw Edge Industrial Solutions Limited’s profitability dropped by -356.44 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -250.00 % Year to Year. EPS decreased by -359.09 % 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. 11.095 Cr | Rs. 9.905 Cr | Rs. 13.118 Cr | + 32.44 % | + 18.23 % |
| Expenses | Rs. 10.27 Cr | Rs. 9.25 Cr | Rs. 11.4 Cr | + 23.24 % | + 11 % |
| Operating Profit | Rs. 0.83 Cr | Rs. 0.65 Cr | Rs. 1.72 Cr | + 164.62 % | + 107.23 % |
| OPM % | 7.48 % | 6.56 % | 13.11 % | + 6.55 % | + 5.63 % |
| Other Income | Rs. -0.01 Cr | Rs. 0 Cr | Rs. 0.01 Cr | + 0 % | + 200 % |
| Interest | Rs. 0.74 Cr | Rs. 0.53 Cr | Rs. 0.56 Cr | + 5.66 % | -24.32 % |
| Depreciation | Rs. 0.42 Cr | Rs. 0.43 Cr | Rs. 0.42 Cr | -2.33 % | + 0 % |
| Profit before tax | Rs. -0.34 Cr | Rs. -0.31 Cr | Rs. 0.75 Cr | + 341.94 % | + 320.59 % |
| Tax % | -9.74 % | -21.88 % | 22.06 % | + 43.94 % | + 31.8 % |
| Net Profit | Rs. -0.38 Cr | Rs. -0.23 Cr | Rs. 0.58 Cr | + 352.17 % | + 252.63 % |
| EPS in Rs | Rs. -0.38 | Rs. -0.22 | Rs. 0.57 | + 359.09 % | + 250 % |
Today, we’re looking at Raw Edge Industrial Solutions 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 18.23 %. However, it did see a marginal increase of 32.44 % from the previous quarter. Expenses ticked up slightly by 23.24 % quarter-on-quarter, aligning with the annual rise of 11 %. Operating profit, while up 107.23 % compared to last year, faced a quarter-on-quarter increase of 164.62 %, 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 5.63 %, but an expansion of 6.55 % sequentially. Other income rose by 29.25 % compared to the last quarter, despite an annual growth of 200 %. Interest expenses surged remarkably by 5.66 % from the previous quarter, yet the year-over-year decrease remains at a moderate -24.32 %. Depreciation costs fell by -2.33 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 320.59 % but saw an increase from the preceding quarter by 341.94 %.
Tax expenses as a percentage of profits increased slightly by 31.8 % compared to last year, with a more notable quarter-on-quarter increase of 43.94 %. Net profit rose by 252.63 % year-on-year but experienced a 352.17 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 250 % but a quarterly rise of 359.09 %. In summary, Raw Edge Industrial Solutions 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. 11.095 Cr | Rs. 9.905 Cr | Rs. 13.118 Cr | + 32.44 % | + 18.23 % |
| Expenses | Rs. 10.27 Cr | Rs. 9.25 Cr | Rs. 11.4 Cr | + 23.24 % | + 11 % |
| Operating Profit | Rs. 0.83 Cr | Rs. 0.65 Cr | Rs. 1.72 Cr | + 164.62 % | + 107.23 % |
| Net Profit | Rs. -0.38 Cr | Rs. -0.23 Cr | Rs. 0.58 Cr | + 352.17 % | + 252.63 % |
| EPS in Rs | Rs. -0.38 | Rs. -0.22 | Rs. 0.57 | + 359.09 % | + 250 % |
In reviewing Raw Edge Industrial Solutions Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 18.23 % year-on-year growth, however, there was a minor increase of 32.44 % from the previous quarter. Expenses rose by 11 % compared to the previous year, with a 23.24 % increase quarter-on-quarter. Operating Profit surged by 107.23 % annually, and saw a 164.62 % increase from the last quarter.
Net Profit showed yearly increase of 252.63 %, and experienced a 352.17 % increase from the previous quarter. Earnings Per Share (EPS) rose by 250 % annually, however rose by 359.09 % compared to the last quarter. In essence, while Raw Edge Industrial Solutions Limited 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.
