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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 499.38 % in the past year, decrease in net sales/revenue by -24.19 %.
- 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 289.6 %. Marginal decrease of -1.5% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Regency Ceramics Limited. Notable increase of 10.06 % in net profit Year to Year, Regency Ceramics Limited’s profitability dropped by -9.35 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 9.28 % Year to Year. EPS decreased by -9.4 % 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. 0.16 Cr | Rs. 1.265 Cr | Rs. 0.959 Cr | -24.19 % | + 499.38 % |
Expenses | Rs. 1.47 Cr | Rs. 3.58 Cr | Rs. 3.1 Cr | -13.41 % | + 110.88 % |
Operating Profit | Rs. -1.31 Cr | Rs. -2.32 Cr | Rs. -2.14 Cr | + 7.76 % | -63.36 % |
OPM % | -818.75 % | -183.4 % | -223.15 % | -39.75 % | + 595.6 % |
Other Income | Rs. -0.173 Cr | Rs. 0.333 Cr | Rs. 0.328 Cr | -1.5 % | + 289.6 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 1.07 Cr | Rs. 1.12 Cr | Rs. 0.99 Cr | -11.61 % | -7.48 % |
Profit before tax | Rs. -2.55 Cr | Rs. -3.11 Cr | Rs. -2.8 Cr | + 9.97 % | -9.8 % |
Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. -2.55 Cr | Rs. -3.1 Cr | Rs. -2.81 Cr | + 9.35 % | -10.2 % |
EPS in Rs | Rs. -0.97 | Rs. -1.17 | Rs. -1.06 | + 9.4 % | -9.28 % |
Today, we’re looking at Regency Ceramics 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 499.38 %. However, it did see a marginal slip of -24.19 % from the previous quarter. Expenses decreased slightly by -13.41 % quarter-on-quarter, aligning with the annual rise of 110.88 %. Operating profit, while down -63.36 % compared to last year, faced a quarter-on-quarter increase of 7.76 %, 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 595.6 %, but a shrinkage of -39.75 % sequentially. Other income fell by -1.5 % compared to the last quarter, despite an annual growth of 289.6 %. Depreciation costs fell by -11.61 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -7.48 %. Profit before tax declined annually by -9.8 % but saw an increase from the preceding quarter by 9.97 %.
Net profit fell by -10.2 % year-on-year but experienced a 9.35 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -9.28 % but a quarterly rise of 9.4 %. In summary, Regency Ceramics 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. 0.16 Cr | Rs. 1.265 Cr | Rs. 0.959 Cr | -24.19 % | + 499.38 % |
Expenses | Rs. 1.47 Cr | Rs. 3.58 Cr | Rs. 3.1 Cr | -13.41 % | + 110.88 % |
Operating Profit | Rs. -1.31 Cr | Rs. -2.32 Cr | Rs. -2.14 Cr | + 7.76 % | -63.36 % |
Net Profit | Rs. -2.55 Cr | Rs. -3.1 Cr | Rs. -2.81 Cr | + 9.35 % | -10.2 % |
EPS in Rs | Rs. -0.97 | Rs. -1.17 | Rs. -1.06 | + 9.4 % | -9.28 % |
In reviewing Regency Ceramics Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 499.38 % year-on-year growth, although there was a slight dip of -24.19 % from the previous quarter. Expenses rose by 110.88 % compared to the previous year, with a decrease of -13.41 % quarter-on-quarter. Operating Profit dropped by -63.36 % annually, and saw a 7.76 % increase from the last quarter.
Net Profit showed yearly decrease of -10.2 %, and experienced a 9.35 % increase from the previous quarter. Earnings Per Share (EPS) fell by -9.28 % annually, however rose by 9.4 % compared to the last quarter. In essence, while Regency Ceramics Limited faces strong annual decline 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.
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