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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 197.06 % in the past year, substantial increase in net sales/revenue by 147.55 %.
- Profit over the Year and quarter: Challenges in sustaining profitability for Restile Ceramics Ltd.. Profit dropped by -15.05 % Year to Year, Restile Ceramics Ltd.’s profitability dropped by -17.13 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -33.33 % Year to Year. EPS decreased by -33.33 % 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. 0.17 Cr | Rs. 0.204 Cr | Rs. 0.505 Cr | + 147.55 % | + 197.06 % |
Expenses | Rs. 0.35 Cr | Rs. 0.4 Cr | Rs. 0.65 Cr | + 62.5 % | + 85.71 % |
Operating Profit | Rs. -0.18 Cr | Rs. -0.2 Cr | Rs. -0.15 Cr | + 25 % | + 16.67 % |
OPM % | -105.88 % | -98.04 % | -29.7 % | + 68.34 % | + 76.18 % |
Other Income | Rs. 0 Cr | Rs. 0.001 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.1 Cr | Rs. 0.1 Cr | Rs. 0.1 Cr | + 0 % | + 0 % |
Profit before tax | Rs. -0.28 Cr | Rs. -0.3 Cr | Rs. -0.25 Cr | + 16.67 % | + 10.71 % |
Tax % | -0.72 % | -0 % | -0 % | 0 % | + 0.72 % |
Net Profit | Rs. -0.28 Cr | Rs. -0.29 Cr | Rs. -0.24 Cr | + 17.24 % | + 14.29 % |
EPS in Rs | Rs. -0.03 | Rs. -0.03 | Rs. -0.02 | + 33.33 % | + 33.33 % |
Today, we’re looking at Restile Ceramics Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 197.06 %. However, it did see a marginal increase of 147.55 % from the previous quarter. Expenses ticked up slightly by 62.5 % quarter-on-quarter, aligning with the annual rise of 85.71 %. Operating profit, while up 16.67 % compared to last year, faced a quarter-on-quarter increase of 25 %, 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 76.18 %, but an expansion of 68.34 % sequentially. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 10.71 % but saw an increase from the preceding quarter by 16.67 %.
Tax expenses as a percentage of profits increased slightly by 0.72 % compared to last year, Net profit rose by 14.29 % year-on-year but experienced a 17.24 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 33.33 % but a quarterly rise of 33.33 %. In summary, Restile Ceramics Ltd.’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. 0.17 Cr | Rs. 0.204 Cr | Rs. 0.505 Cr | + 147.55 % | + 197.06 % |
Expenses | Rs. 0.35 Cr | Rs. 0.4 Cr | Rs. 0.65 Cr | + 62.5 % | + 85.71 % |
Operating Profit | Rs. -0.18 Cr | Rs. -0.2 Cr | Rs. -0.15 Cr | + 25 % | + 16.67 % |
Net Profit | Rs. -0.28 Cr | Rs. -0.29 Cr | Rs. -0.24 Cr | + 17.24 % | + 14.29 % |
EPS in Rs | Rs. -0.03 | Rs. -0.03 | Rs. -0.02 | + 33.33 % | + 33.33 % |
In reviewing Restile Ceramics Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 197.06 % year-on-year growth, however, there was a minor increase of 147.55 % from the previous quarter. Expenses rose by 85.71 % compared to the previous year, with a 62.5 % increase quarter-on-quarter. Operating Profit surged by 16.67 % annually, and saw a 25 % increase from the last quarter.
Net Profit showed yearly increase of 14.29 %, and experienced a 17.24 % increase from the previous quarter. Earnings Per Share (EPS) rose by 33.33 % annually, however rose by 33.33 % compared to the last quarter. In essence, while Restile Ceramics Ltd. 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.
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