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Highlights
- Sales over the Year and quarter: The company’s sales declined by -2.78 % over the year, decrease in net sales/revenue by -1.21 %.
- 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 1116.67 %. Marginal decrease of -38.74% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Rishiroop Limited. Notable increase of 300.69 % in net profit Year to Year, Rishiroop Limited’s profitability dropped by -32 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 322.22 % Year to Year. EPS decreased by -32.06 % 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. 20.329 Cr | Rs. 20.007 Cr | Rs. 19.764 Cr | -1.21 % | -2.78 % |
Expenses | Rs. 17.94 Cr | Rs. 17.69 Cr | Rs. 18.18 Cr | + 2.77 % | + 1.34 % |
Operating Profit | Rs. 2.39 Cr | Rs. 2.32 Cr | Rs. 1.58 Cr | -31.9 % | -33.89 % |
OPM % | 11.76 % | 11.6 % | 7.99 % | -3.61 % | -3.77 % |
Other Income | Rs. -0.42 Cr | Rs. 6.97 Cr | Rs. 4.27 Cr | -38.74 % | + 1116.67 % |
Interest | Rs. 0.04 Cr | Rs. 0.04 Cr | Rs. 0.04 Cr | + 0 % | + 0 % |
Depreciation | Rs. 0.2 Cr | Rs. 0.15 Cr | Rs. 0.17 Cr | + 13.33 % | -15 % |
Profit before tax | Rs. 1.73 Cr | Rs. 9.1 Cr | Rs. 5.64 Cr | -38.02 % | + 226.01 % |
Tax % | 24.8 % | 15.6 % | 7.31 % | -8.29 % | -17.49 % |
Net Profit | Rs. 1.3 Cr | Rs. 7.68 Cr | Rs. 5.23 Cr | -31.9 % | + 302.31 % |
EPS in Rs | Rs. 1.35 | Rs. 8.39 | Rs. 5.7 | -32.06 % | + 322.22 % |
Today, we’re looking at Rishiroop Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -2.78 %. However, it did see a marginal slip of -1.21 % from the previous quarter. Expenses ticked up slightly by 2.77 % quarter-on-quarter, aligning with the annual rise of 1.34 %. Operating profit, while down -33.89 % compared to last year, faced a quarter-on-quarter dip of -31.9 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -3.77 %, but a shrinkage of -3.61 % sequentially. Other income fell by -38.74 % compared to the last quarter, despite an annual growth of 1116.67 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs climbed by 13.33 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -15 %. Profit before tax grew annually by 226.01 % but saw a reduction from the preceding quarter by -38.02 %.
Tax expenses as a percentage of profits decreased slightly by -17.49 % compared to last year, with a more notable quarter-on-quarter decrease of -8.29 %. Net profit rose by 302.31 % year-on-year but witnessed a -31.9 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 322.22 % but a quarterly fall of -32.06 %. In summary, Rishiroop 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. 20.329 Cr | Rs. 20.007 Cr | Rs. 19.764 Cr | -1.21 % | -2.78 % |
Expenses | Rs. 17.94 Cr | Rs. 17.69 Cr | Rs. 18.18 Cr | + 2.77 % | + 1.34 % |
Operating Profit | Rs. 2.39 Cr | Rs. 2.32 Cr | Rs. 1.58 Cr | -31.9 % | -33.89 % |
Net Profit | Rs. 1.3 Cr | Rs. 7.68 Cr | Rs. 5.23 Cr | -31.9 % | + 302.31 % |
EPS in Rs | Rs. 1.35 | Rs. 8.39 | Rs. 5.7 | -32.06 % | + 322.22 % |
In reviewing Rishiroop Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -2.78 % year-on-year, although there was a slight dip of -1.21 % from the previous quarter. Expenses rose by 1.34 % compared to the previous year, with a 2.77 % increase quarter-on-quarter. Operating Profit dropped by -33.89 % annually, and saw a -31.9 % decrease from the last quarter.
Net Profit showed yearly increase of 302.31 %, and experienced a -31.9 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 322.22 % annually, however dipped by -32.06 % compared to the last quarter. In essence, while Rishiroop 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.