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Highlights
- Sales over the Year and quarter: The company’s sales declined by -11.44 % over the year, substantial increase in net sales/revenue by 0.95 %.
- 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 292 %. Marginal decrease of -9.26% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Ruchira Papers Ltd. Profit dropped by -48.87 % Year to Year, Ruchira Papers Ltd’s profitability increased by 33.81 % in this quarter.
- EPS over the Year and quarter: EPS declined by -48.89 % Year to Year. EPS increased by 34.02 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 180.68 Cr | Rs. 158.516 Cr | Rs. 160.015 Cr | + 0.95 % | -11.44 % |
Expenses | Rs. 150.89 Cr | Rs. 144.94 Cr | Rs. 144.63 Cr | -0.21 % | -4.15 % |
Operating Profit | Rs. 29.79 Cr | Rs. 13.58 Cr | Rs. 15.39 Cr | + 13.33 % | -48.34 % |
OPM % | 16.49 % | 8.57 % | 9.62 % | + 1.05 % | -6.87 % |
Other Income | Rs. 0.25 Cr | Rs. 1.08 Cr | Rs. 0.98 Cr | -9.26 % | + 292 % |
Interest | Rs. 0.85 Cr | Rs. 0.93 Cr | Rs. 0.8 Cr | -13.98 % | -5.88 % |
Depreciation | Rs. 3.94 Cr | Rs. 4.04 Cr | Rs. 2.55 Cr | -36.88 % | -35.28 % |
Profit before tax | Rs. 25.25 Cr | Rs. 9.69 Cr | Rs. 13.02 Cr | + 34.37 % | -48.44 % |
Tax % | 25.3 % | 25.59 % | 25.95 % | + 0.36 % | + 0.65 % |
Net Profit | Rs. 18.86 Cr | Rs. 7.21 Cr | Rs. 9.64 Cr | + 33.7 % | -48.89 % |
EPS in Rs | Rs. 6.32 | Rs. 2.41 | Rs. 3.23 | + 34.02 % | -48.89 % |
Today, we’re looking at Ruchira Papers Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -11.44 %. However, it did see a marginal increase of 0.95 % from the previous quarter. Expenses decreased slightly by -0.21 % quarter-on-quarter, aligning with the annual decline of -4.15 %. Operating profit, while down -48.34 % compared to last year, faced a quarter-on-quarter increase of 13.33 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -6.87 %, but an expansion of 1.05 % sequentially. Other income fell by -9.26 % compared to the last quarter, despite an annual growth of 292 %. Interest expenses dropped significantly by -13.98 % from the previous quarter, yet the year-over-year decrease remains at a moderate -5.88 %. Depreciation costs fell by -36.88 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -35.28 %. Profit before tax declined annually by -48.44 % but saw an increase from the preceding quarter by 34.37 %.
Tax expenses as a percentage of profits increased slightly by 0.65 % compared to last year, with a more notable quarter-on-quarter increase of 0.36 %. Net profit fell by -48.89 % year-on-year but experienced a 33.7 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -48.89 % but a quarterly rise of 34.02 %. In summary, Ruchira Papers 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. 180.68 Cr | Rs. 158.516 Cr | Rs. 160.015 Cr | + 0.95 % | -11.44 % |
Expenses | Rs. 150.89 Cr | Rs. 144.94 Cr | Rs. 144.63 Cr | -0.21 % | -4.15 % |
Operating Profit | Rs. 29.79 Cr | Rs. 13.58 Cr | Rs. 15.39 Cr | + 13.33 % | -48.34 % |
Net Profit | Rs. 18.86 Cr | Rs. 7.21 Cr | Rs. 9.64 Cr | + 33.7 % | -48.89 % |
EPS in Rs | Rs. 6.32 | Rs. 2.41 | Rs. 3.23 | + 34.02 % | -48.89 % |
In reviewing Ruchira Papers Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -11.44 % year-on-year, however, there was a minor increase of 0.95 % from the previous quarter. Expenses decreased by -4.15 % compared to the previous year, with a decrease of -0.21 % quarter-on-quarter. Operating Profit dropped by -48.34 % annually, and saw a 13.33 % increase from the last quarter.
Net Profit showed yearly decrease of -48.89 %, and experienced a 33.7 % increase from the previous quarter. Earnings Per Share (EPS) fell by -48.89 % annually, however rose by 34.02 % compared to the last quarter. In essence, while Ruchira Papers Ltd 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.