Share the post "Royal Cushion Vinyl Products : Q4 2024 Financial Quarterly Report : YoY Sales Up 55.96 %, QoQ Down 0.21 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 55.96 % in the past year, decrease in net sales/revenue by -0.21 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -30.28 %, Marginal increase in other income during this quarter, up by 560%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Royal Cushion Vinyl Products Ltd.. Profit dropped by -2193.98 % Year to Year, Royal Cushion Vinyl Products Ltd.’s profitability dropped by -14863.86 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -1,291.74 % Year to Year. EPS decreased by -14520 % 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. 10.685 Cr | Rs. 16.699 Cr | Rs. 16.664 Cr | -0.21 % | + 55.96 % |
Expenses | Rs. 13.79 Cr | Rs. 16.21 Cr | Rs. 15.74 Cr | -2.9 % | + 14.14 % |
Operating Profit | Rs. -3.11 Cr | Rs. 0.49 Cr | Rs. 0.92 Cr | + 87.76 % | + 129.58 % |
OPM % | -29.11 % | 2.93 % | 5.52 % | + 2.59 % | + 34.63 % |
Other Income | Rs. 1.42 Cr | Rs. 0.15 Cr | Rs. 0.99 Cr | + 560 % | -30.28 % |
Interest | Rs. 0.73 Cr | Rs. 0.71 Cr | Rs. 0.71 Cr | + 0 % | -2.74 % |
Depreciation | Rs. 0.51 Cr | Rs. 0.36 Cr | Rs. 0.07 Cr | -80.56 % | -86.27 % |
Profit before tax | Rs. -2.93 Cr | Rs. -0.43 Cr | Rs. 1.13 Cr | + 362.79 % | + 138.57 % |
Tax % | -0 % | -0 % | 0 % | 0 % | 0 % |
Net Profit | Rs. -2.93 Cr | Rs. -0.42 Cr | Rs. 61.27 Cr | + 14688.1 % | + 2191.13 % |
EPS in Rs | Rs. -2.42 | Rs. -0.2 | Rs. 28.84 | + 14520 % | + 1291.74 % |
Today, we’re looking at Royal Cushion Vinyl Products Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 55.96 %. However, it did see a marginal slip of -0.21 % from the previous quarter. Expenses decreased slightly by -2.9 % quarter-on-quarter, aligning with the annual rise of 14.14 %. Operating profit, while up 129.58 % compared to last year, faced a quarter-on-quarter increase of 87.76 %, 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 34.63 %, but an expansion of 2.59 % sequentially. Other income rose by 560 % compared to the last quarter, despite an annual decline of -30.28 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year decrease remains at a moderate -2.74 %. Depreciation costs fell by -80.56 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -86.27 %. Profit before tax grew annually by 138.57 % but saw an increase from the preceding quarter by 362.79 %.
Net profit rose by 2191.13 % year-on-year but experienced a 14688.1 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 1291.74 % but a quarterly rise of 14520 %. In summary, Royal Cushion Vinyl Products 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. 10.685 Cr | Rs. 16.699 Cr | Rs. 16.664 Cr | -0.21 % | + 55.96 % |
Expenses | Rs. 13.79 Cr | Rs. 16.21 Cr | Rs. 15.74 Cr | -2.9 % | + 14.14 % |
Operating Profit | Rs. -3.11 Cr | Rs. 0.49 Cr | Rs. 0.92 Cr | + 87.76 % | + 129.58 % |
Net Profit | Rs. -2.93 Cr | Rs. -0.42 Cr | Rs. 61.27 Cr | + 14688.1 % | + 2191.13 % |
EPS in Rs | Rs. -2.42 | Rs. -0.2 | Rs. 28.84 | + 14520 % | + 1291.74 % |
In reviewing Royal Cushion Vinyl Products Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 55.96 % year-on-year growth, although there was a slight dip of -0.21 % from the previous quarter. Expenses rose by 14.14 % compared to the previous year, with a decrease of -2.9 % quarter-on-quarter. Operating Profit surged by 129.58 % annually, and saw a 87.76 % increase from the last quarter.
Net Profit showed yearly increase of 2191.13 %, and experienced a 14688.1 % increase from the previous quarter. Earnings Per Share (EPS) rose by 1291.74 % annually, however rose by 14520 % compared to the last quarter. In essence, while Royal Cushion Vinyl Products 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.