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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 50.35 % in the past year, substantial increase in net sales/revenue by 32.4 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -45.39 %, Marginal decrease of -50% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Rolcon Engineering Co. Ltd.,. Notable increase of 196.58 % in net profit Year to Year, Rolcon Engineering Co. Ltd.,’s profitability dropped by -8775 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 196.77 % Year to Year. EPS decreased by -8706.25 % 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. 11.258 Cr | Rs. 12.784 Cr | Rs. 16.926 Cr | + 32.4 % | + 50.35 % |
| Expenses | Rs. 10.68 Cr | Rs. 11.49 Cr | Rs. 14.86 Cr | + 29.33 % | + 39.14 % |
| Operating Profit | Rs. 0.58 Cr | Rs. 1.29 Cr | Rs. 2.07 Cr | + 60.47 % | + 256.9 % |
| OPM % | 5.15 % | 10.09 % | 12.23 % | + 2.14 % | + 7.08 % |
| Other Income | Rs. 0.304 Cr | Rs. 0.332 Cr | Rs. 0.166 Cr | -50 % | -45.39 % |
| Interest | Rs. 0.02 Cr | Rs. 0.04 Cr | Rs. 0.04 Cr | + 0 % | + 100 % |
| Depreciation | Rs. 0.24 Cr | Rs. 0.36 Cr | Rs. 0.31 Cr | -13.89 % | + 29.17 % |
| Profit before tax | Rs. 0.62 Cr | Rs. 1.22 Cr | Rs. 1.89 Cr | + 54.92 % | + 204.84 % |
| Tax % | 42.95 % | 113.83 % | 45.4 % | -68.43 % | + 2.45 % |
| Net Profit | Rs. 0.35 Cr | Rs. -0.01 Cr | Rs. 1.04 Cr | + 10500 % | + 197.14 % |
| EPS in Rs | Rs. 4.64 | Rs. -0.16 | Rs. 13.77 | + 8706.25 % | + 196.77 % |
Today, we’re looking at Rolcon Engineering Co. 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 50.35 %. However, it did see a marginal increase of 32.4 % from the previous quarter. Expenses ticked up slightly by 29.33 % quarter-on-quarter, aligning with the annual rise of 39.14 %. Operating profit, while up 256.9 % compared to last year, faced a quarter-on-quarter increase of 60.47 %, 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 7.08 %, but an expansion of 2.14 % sequentially. Other income fell by -50 % compared to the last quarter, despite an annual decline of -45.39 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 100 %. Depreciation costs fell by -13.89 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 29.17 %. Profit before tax grew annually by 204.84 % but saw an increase from the preceding quarter by 54.92 %.
Tax expenses as a percentage of profits increased slightly by 2.45 % compared to last year, with a more notable quarter-on-quarter decrease of -68.43 %. Net profit rose by 197.14 % year-on-year but experienced a 10500 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 196.77 % but a quarterly rise of 8706.25 %. In summary, Rolcon Engineering Co. 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. 11.258 Cr | Rs. 12.784 Cr | Rs. 16.926 Cr | + 32.4 % | + 50.35 % |
| Expenses | Rs. 10.68 Cr | Rs. 11.49 Cr | Rs. 14.86 Cr | + 29.33 % | + 39.14 % |
| Operating Profit | Rs. 0.58 Cr | Rs. 1.29 Cr | Rs. 2.07 Cr | + 60.47 % | + 256.9 % |
| Net Profit | Rs. 0.35 Cr | Rs. -0.01 Cr | Rs. 1.04 Cr | + 10500 % | + 197.14 % |
| EPS in Rs | Rs. 4.64 | Rs. -0.16 | Rs. 13.77 | + 8706.25 % | + 196.77 % |
In reviewing Rolcon Engineering Co. Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 50.35 % year-on-year growth, however, there was a minor increase of 32.4 % from the previous quarter. Expenses rose by 39.14 % compared to the previous year, with a 29.33 % increase quarter-on-quarter. Operating Profit surged by 256.9 % annually, and saw a 60.47 % increase from the last quarter.
Net Profit showed yearly increase of 197.14 %, and experienced a 10500 % increase from the previous quarter. Earnings Per Share (EPS) rose by 196.77 % annually, however rose by 8706.25 % compared to the last quarter. In essence, while Rolcon Engineering Co. 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.
