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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’s sales declined by -28.31 % over the year, decrease in net sales/revenue by -1.4 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -44.44 %, Marginal decrease of -66.67% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Shree Karthik Papers Ltd.. Notable increase of 114.55 % in net profit Year to Year, Shree Karthik Papers Ltd.’s profitability dropped by -164.13 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 100.00 % Year to Year. EPS decreased by -163.16 % 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. 20.111 Cr | Rs. 14.622 Cr | Rs. 14.417 Cr | -1.4 % | -28.31 % |
Expenses | Rs. 19.5 Cr | Rs. 14.78 Cr | Rs. 13.83 Cr | -6.43 % | -29.08 % |
Operating Profit | Rs. 0.61 Cr | Rs. -0.16 Cr | Rs. 0.59 Cr | + 468.75 % | -3.28 % |
OPM % | 3.03 % | -1.09 % | 4.09 % | + 5.18 % | + 1.06 % |
Other Income | Rs. 0.036 Cr | Rs. 0.06 Cr | Rs. 0.02 Cr | -66.67 % | -44.44 % |
Interest | Rs. 0.24 Cr | Rs. 0.22 Cr | Rs. 0.16 Cr | -27.27 % | -33.33 % |
Depreciation | Rs. 0.3 Cr | Rs. 0.01 Cr | Rs. 0.21 Cr | + 2000 % | -30 % |
Profit before tax | Rs. 0.11 Cr | Rs. -0.33 Cr | Rs. 0.24 Cr | + 172.73 % | + 118.18 % |
Tax % | 0 % | -12.88 % | 0 % | + 12.88 % | 0 % |
Net Profit | Rs. 0.11 Cr | Rs. -0.37 Cr | Rs. 0.24 Cr | + 164.86 % | + 118.18 % |
EPS in Rs | Rs. 0.06 | Rs. -0.19 | Rs. 0.12 | + 163.16 % | + 100 % |
Today, we’re looking at Shree Karthik Papers Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -28.31 %. However, it did see a marginal slip of -1.4 % from the previous quarter. Expenses decreased slightly by -6.43 % quarter-on-quarter, aligning with the annual decline of -29.08 %. Operating profit, while down -3.28 % compared to last year, faced a quarter-on-quarter increase of 468.75 %, 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 1.06 %, but an expansion of 5.18 % sequentially. Other income fell by -66.67 % compared to the last quarter, despite an annual decline of -44.44 %. Interest expenses dropped significantly by -27.27 % from the previous quarter, yet the year-over-year decrease remains at a moderate -33.33 %. Depreciation costs climbed by 2000 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -30 %. Profit before tax grew annually by 118.18 % but saw an increase from the preceding quarter by 172.73 %.
with a more notable quarter-on-quarter increase of 12.88 %. Net profit rose by 118.18 % year-on-year but experienced a 164.86 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 100 % but a quarterly rise of 163.16 %. In summary, Shree Karthik 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. 20.111 Cr | Rs. 14.622 Cr | Rs. 14.417 Cr | -1.4 % | -28.31 % |
Expenses | Rs. 19.5 Cr | Rs. 14.78 Cr | Rs. 13.83 Cr | -6.43 % | -29.08 % |
Operating Profit | Rs. 0.61 Cr | Rs. -0.16 Cr | Rs. 0.59 Cr | + 468.75 % | -3.28 % |
Net Profit | Rs. 0.11 Cr | Rs. -0.37 Cr | Rs. 0.24 Cr | + 164.86 % | + 118.18 % |
EPS in Rs | Rs. 0.06 | Rs. -0.19 | Rs. 0.12 | + 163.16 % | + 100 % |
In reviewing Shree Karthik Papers Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -28.31 % year-on-year, although there was a slight dip of -1.4 % from the previous quarter. Expenses decreased by -29.08 % compared to the previous year, with a decrease of -6.43 % quarter-on-quarter. Operating Profit dropped by -3.28 % annually, and saw a 468.75 % increase from the last quarter.
Net Profit showed yearly increase of 118.18 %, and experienced a 164.86 % increase from the previous quarter. Earnings Per Share (EPS) rose by 100 % annually, however rose by 163.16 % compared to the last quarter. In essence, while Shree Karthik Papers 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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