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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 40.67 % in the past year, substantial increase in net sales/revenue by 19.08 %.
- 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 217.15 %. Marginal decrease of -35.29% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for R&B Denims Limited. Notable increase of 30.35 % in net profit Year to Year, R&B Denims Limited’s profitability dropped by -9.56 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -45.10 % Year to Year. EPS decreased by -54.1 % 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. 66.358 Cr | Rs. 78.391 Cr | Rs. 93.345 Cr | + 19.08 % | + 40.67 % |
Expenses | Rs. 57.36 Cr | Rs. 67.89 Cr | Rs. 82.38 Cr | + 21.34 % | + 43.62 % |
Operating Profit | Rs. 9 Cr | Rs. 10.5 Cr | Rs. 10.97 Cr | + 4.48 % | + 21.89 % |
OPM % | 13.56 % | 13.39 % | 11.75 % | -1.64 % | -1.81 % |
Other Income | Rs. 0.414 Cr | Rs. 2.029 Cr | Rs. 1.313 Cr | -35.29 % | + 217.15 % |
Interest | Rs. 1.56 Cr | Rs. 1.76 Cr | Rs. 1.82 Cr | + 3.41 % | + 16.67 % |
Depreciation | Rs. 3.61 Cr | Rs. 4.18 Cr | Rs. 4.08 Cr | -2.39 % | + 13.02 % |
Profit before tax | Rs. 4.24 Cr | Rs. 6.59 Cr | Rs. 6.38 Cr | -3.19 % | + 50.47 % |
Tax % | 16.1 % | 22.21 % | 27.35 % | + 5.14 % | + 11.25 % |
Net Profit | Rs. 3.56 Cr | Rs. 5.13 Cr | Rs. 4.64 Cr | -9.55 % | + 30.34 % |
EPS in Rs | Rs. 0.51 | Rs. 0.61 | Rs. 0.28 | -54.1 % | -45.1 % |
Today, we’re looking at R&B Denims Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 40.67 %. However, it did see a marginal increase of 19.08 % from the previous quarter. Expenses ticked up slightly by 21.34 % quarter-on-quarter, aligning with the annual rise of 43.62 %. Operating profit, while up 21.89 % compared to last year, faced a quarter-on-quarter increase of 4.48 %, 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 -1.81 %, but a shrinkage of -1.64 % sequentially. Other income fell by -35.29 % compared to the last quarter, despite an annual growth of 217.15 %. Interest expenses surged remarkably by 3.41 % from the previous quarter, yet the year-over-year increase remains at a moderate 16.67 %. Depreciation costs fell by -2.39 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 13.02 %. Profit before tax grew annually by 50.47 % but saw a reduction from the preceding quarter by -3.19 %.
Tax expenses as a percentage of profits increased slightly by 11.25 % compared to last year, with a more notable quarter-on-quarter increase of 5.14 %. Net profit rose by 30.34 % year-on-year but witnessed a -9.55 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -45.1 % but a quarterly fall of -54.1 %. In summary, R&B Denims 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. 66.358 Cr | Rs. 78.391 Cr | Rs. 93.345 Cr | + 19.08 % | + 40.67 % |
Expenses | Rs. 57.36 Cr | Rs. 67.89 Cr | Rs. 82.38 Cr | + 21.34 % | + 43.62 % |
Operating Profit | Rs. 9 Cr | Rs. 10.5 Cr | Rs. 10.97 Cr | + 4.48 % | + 21.89 % |
Net Profit | Rs. 3.56 Cr | Rs. 5.13 Cr | Rs. 4.64 Cr | -9.55 % | + 30.34 % |
EPS in Rs | Rs. 0.51 | Rs. 0.61 | Rs. 0.28 | -54.1 % | -45.1 % |
In reviewing R&B Denims Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 40.67 % year-on-year growth, however, there was a minor increase of 19.08 % from the previous quarter. Expenses rose by 43.62 % compared to the previous year, with a 21.34 % increase quarter-on-quarter. Operating Profit surged by 21.89 % annually, and saw a 4.48 % increase from the last quarter.
Net Profit showed yearly increase of 30.34 %, and experienced a -9.55 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -45.1 % annually, however dipped by -54.1 % compared to the last quarter. In essence, while R&B Denims 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.
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