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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’s sales declined by -9.23 % over the year, decrease in net sales/revenue by -3.45 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -45.29 %, Marginal increase in other income during this quarter, up by 9.07%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Shri Dinesh Mills Ltd.,. Profit dropped by -68.21 % Year to Year, Shri Dinesh Mills Ltd.,’s profitability dropped by -27.45 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -72.75 % Year to Year. EPS decreased by -27.54 % 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. 25.353 Cr | Rs. 23.837 Cr | Rs. 23.014 Cr | -3.45 % | -9.23 % |
Expenses | Rs. 23.27 Cr | Rs. 22.03 Cr | Rs. 22.47 Cr | + 2 % | -3.44 % |
Operating Profit | Rs. 2.08 Cr | Rs. 1.81 Cr | Rs. 0.54 Cr | -70.17 % | -74.04 % |
OPM % | 8.2 % | 7.59 % | 2.35 % | -5.24 % | -5.85 % |
Other Income | Rs. 7.692 Cr | Rs. 3.858 Cr | Rs. 4.208 Cr | + 9.07 % | -45.29 % |
Interest | Rs. 0.5 Cr | Rs. 0.74 Cr | Rs. 0.67 Cr | -9.46 % | + 34 % |
Depreciation | Rs. 1.32 Cr | Rs. 1.29 Cr | Rs. 1.45 Cr | + 12.4 % | + 9.85 % |
Profit before tax | Rs. 7.95 Cr | Rs. 3.64 Cr | Rs. 2.63 Cr | -27.75 % | -66.92 % |
Tax % | 24.21 % | 28.43 % | 27.42 % | -1.01 % | + 3.21 % |
Net Profit | Rs. 6.03 Cr | Rs. 2.64 Cr | Rs. 1.92 Cr | -27.27 % | -68.16 % |
EPS in Rs | Rs. 3.49 | Rs. 4.72 | Rs. 3.42 | -27.54 % | -2.01 % |
Today, we’re looking at Shri Dinesh Mills Ltd.,’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -9.23 %. However, it did see a marginal slip of -3.45 % from the previous quarter. Expenses ticked up slightly by 2 % quarter-on-quarter, aligning with the annual decline of -3.44 %. Operating profit, while down -74.04 % compared to last year, faced a quarter-on-quarter dip of -70.17 %, 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 -5.85 %, but a shrinkage of -5.24 % sequentially. Other income rose by 9.07 % compared to the last quarter, despite an annual decline of -45.29 %. Interest expenses dropped significantly by -9.46 % from the previous quarter, yet the year-over-year increase remains at a moderate 34 %. Depreciation costs climbed by 12.4 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 9.85 %. Profit before tax declined annually by -66.92 % but saw a reduction from the preceding quarter by -27.75 %.
Tax expenses as a percentage of profits increased slightly by 3.21 % compared to last year, with a more notable quarter-on-quarter decrease of -1.01 %. Net profit fell by -68.16 % year-on-year but witnessed a -27.27 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -2.01 % but a quarterly fall of -27.54 %. In summary, Shri Dinesh Mills 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. 25.353 Cr | Rs. 23.837 Cr | Rs. 23.014 Cr | -3.45 % | -9.23 % |
Expenses | Rs. 23.27 Cr | Rs. 22.03 Cr | Rs. 22.47 Cr | + 2 % | -3.44 % |
Operating Profit | Rs. 2.08 Cr | Rs. 1.81 Cr | Rs. 0.54 Cr | -70.17 % | -74.04 % |
Net Profit | Rs. 6.03 Cr | Rs. 2.64 Cr | Rs. 1.92 Cr | -27.27 % | -68.16 % |
EPS in Rs | Rs. 3.49 | Rs. 4.72 | Rs. 3.42 | -27.54 % | -2.01 % |
In reviewing Shri Dinesh Mills Ltd.,’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -9.23 % year-on-year, although there was a slight dip of -3.45 % from the previous quarter. Expenses decreased by -3.44 % compared to the previous year, with a 2 % increase quarter-on-quarter. Operating Profit dropped by -74.04 % annually, and saw a -70.17 % decrease from the last quarter.
Net Profit showed yearly decrease of -68.16 %, and experienced a -27.27 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -2.01 % annually, however dipped by -27.54 % compared to the last quarter. In essence, while Shri Dinesh Mills Ltd., faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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