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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 experienced a substantial growth of 134.08 % in the past year, substantial increase in net sales/revenue by 134.55 %.
- 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 68.91 %. Marginal increase in other income during this quarter, up by 12.29%.
- Profit over the Year and quarter: Significant improvement in profitability for RDB Rasayans Limited. Notable increase of 10.08 % in net profit Year to Year, RDB Rasayans Limited’s profitability increased by 28.49 % in this quarter.
- EPS over the Year and quarter: EPS increased by 10.11 % Year to Year. EPS increased by 28.57 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 26.181 Cr | Rs. 26.129 Cr | Rs. 61.285 Cr | + 134.55 % | + 134.08 % |
| Expenses | Rs. 20.26 Cr | Rs. 23.15 Cr | Rs. 56.52 Cr | + 144.15 % | + 178.97 % |
| Operating Profit | Rs. 5.92 Cr | Rs. 2.98 Cr | Rs. 4.77 Cr | + 60.07 % | -19.43 % |
| OPM % | 22.61 % | 11.4 % | 7.78 % | -3.62 % | -14.83 % |
| Other Income | Rs. 3.294 Cr | Rs. 4.955 Cr | Rs. 5.564 Cr | + 12.29 % | + 68.91 % |
| Interest | Rs. 0.01 Cr | Rs. 0.07 Cr | Rs. 0.04 Cr | -42.86 % | + 300 % |
| Depreciation | Rs. 0.32 Cr | Rs. 0.31 Cr | Rs. 0.3 Cr | -3.23 % | -6.25 % |
| Profit before tax | Rs. 8.88 Cr | Rs. 7.56 Cr | Rs. 9.99 Cr | + 32.14 % | + 12.5 % |
| Tax % | 25.19 % | 24.49 % | 26.74 % | + 2.25 % | + 1.55 % |
| Net Profit | Rs. 6.65 Cr | Rs. 5.7 Cr | Rs. 7.33 Cr | + 28.6 % | + 10.23 % |
| EPS in Rs | Rs. 3.76 | Rs. 3.22 | Rs. 4.14 | + 28.57 % | + 10.11 % |
Today, we’re looking at RDB Rasayans Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 134.08 %. However, it did see a marginal increase of 134.55 % from the previous quarter. Expenses ticked up slightly by 144.15 % quarter-on-quarter, aligning with the annual rise of 178.97 %. Operating profit, while down -19.43 % compared to last year, faced a quarter-on-quarter increase of 60.07 %, 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 -14.83 %, but a shrinkage of -3.62 % sequentially. Other income rose by 12.29 % compared to the last quarter, despite an annual growth of 68.91 %. Interest expenses dropped significantly by -42.86 % from the previous quarter, yet the year-over-year increase remains at a moderate 300 %. Depreciation costs fell by -3.23 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -6.25 %. Profit before tax grew annually by 12.5 % but saw an increase from the preceding quarter by 32.14 %.
Tax expenses as a percentage of profits increased slightly by 1.55 % compared to last year, with a more notable quarter-on-quarter increase of 2.25 %. Net profit rose by 10.23 % year-on-year but experienced a 28.6 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 10.11 % but a quarterly rise of 28.57 %. In summary, RDB Rasayans 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. 26.181 Cr | Rs. 26.129 Cr | Rs. 61.285 Cr | + 134.55 % | + 134.08 % |
| Expenses | Rs. 20.26 Cr | Rs. 23.15 Cr | Rs. 56.52 Cr | + 144.15 % | + 178.97 % |
| Operating Profit | Rs. 5.92 Cr | Rs. 2.98 Cr | Rs. 4.77 Cr | + 60.07 % | -19.43 % |
| Net Profit | Rs. 6.65 Cr | Rs. 5.7 Cr | Rs. 7.33 Cr | + 28.6 % | + 10.23 % |
| EPS in Rs | Rs. 3.76 | Rs. 3.22 | Rs. 4.14 | + 28.57 % | + 10.11 % |
In reviewing RDB Rasayans Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 134.08 % year-on-year growth, however, there was a minor increase of 134.55 % from the previous quarter. Expenses rose by 178.97 % compared to the previous year, with a 144.15 % increase quarter-on-quarter. Operating Profit dropped by -19.43 % annually, and saw a 60.07 % increase from the last quarter.
Net Profit showed yearly increase of 10.23 %, and experienced a 28.6 % increase from the previous quarter. Earnings Per Share (EPS) rose by 10.11 % annually, however rose by 28.57 % compared to the last quarter. In essence, while RDB Rasayans 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.
