Share the post "Udaipur Cement Works : Q1 2024 Financial Quarterly Report : YoY Sales Up 31.88 %, QoQ Down 6.75 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 31.88 % in the past year, decrease in net sales/revenue by -6.75 %.
- 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 576.47 %. Marginal decrease of -88.13% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Udaipur Cement Works Limited. Profit dropped by -344.18 % Year to Year, Udaipur Cement Works Limited’s profitability dropped by -151.95 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -228.57 % Year to Year. EPS decreased by -151.43 % 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. 246.3 Cr | Rs. 348.35 Cr | Rs. 324.82 Cr | -6.75 % | + 31.88 % |
Expenses | Rs. 218.69 Cr | Rs. 287.49 Cr | Rs. 285.87 Cr | -0.56 % | + 30.72 % |
Operating Profit | Rs. 27.61 Cr | Rs. 60.86 Cr | Rs. 38.95 Cr | -36 % | + 41.07 % |
OPM % | 11.21 % | 17.47 % | 11.99 % | -5.48 % | + 0.78 % |
Other Income | Rs. 0.17 Cr | Rs. 9.69 Cr | Rs. 1.15 Cr | -88.13 % | + 576.47 % |
Interest | Rs. 12.22 Cr | Rs. 24.57 Cr | Rs. 28.81 Cr | + 17.26 % | + 135.76 % |
Depreciation | Rs. 9.25 Cr | Rs. 19.13 Cr | Rs. 25.3 Cr | + 32.25 % | + 173.51 % |
Profit before tax | Rs. 6.31 Cr | Rs. 26.85 Cr | Rs. -14.01 Cr | -152.18 % | -322.03 % |
Tax % | 33.28 % | 26.29 % | -26.62 % | -52.91 % | -59.9 % |
Net Profit | Rs. 4.21 Cr | Rs. 19.79 Cr | Rs. -10.28 Cr | -151.95 % | -344.18 % |
EPS in Rs | Rs. 0.14 | Rs. 0.35 | Rs. -0.18 | -151.43 % | -228.57 % |
Today, we’re looking at Udaipur Cement Works Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 31.88 %. However, it did see a marginal slip of -6.75 % from the previous quarter. Expenses decreased slightly by -0.56 % quarter-on-quarter, aligning with the annual rise of 30.72 %. Operating profit, while up 41.07 % compared to last year, faced a quarter-on-quarter dip of -36 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.78 %, but a shrinkage of -5.48 % sequentially. Other income fell by -88.13 % compared to the last quarter, despite an annual growth of 576.47 %. Interest expenses surged remarkably by 17.26 % from the previous quarter, yet the year-over-year increase remains at a moderate 135.76 %. Depreciation costs climbed by 32.25 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 173.51 %. Profit before tax declined annually by -322.03 % but saw a reduction from the preceding quarter by -152.18 %.
Tax expenses as a percentage of profits decreased slightly by -59.9 % compared to last year, with a more notable quarter-on-quarter decrease of -52.91 %. Net profit fell by -344.18 % year-on-year but witnessed a -151.95 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -228.57 % but a quarterly fall of -151.43 %. In summary, Udaipur Cement Works Limited’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. 246.3 Cr | Rs. 348.35 Cr | Rs. 324.82 Cr | -6.75 % | + 31.88 % |
Expenses | Rs. 218.69 Cr | Rs. 287.49 Cr | Rs. 285.87 Cr | -0.56 % | + 30.72 % |
Operating Profit | Rs. 27.61 Cr | Rs. 60.86 Cr | Rs. 38.95 Cr | -36 % | + 41.07 % |
Net Profit | Rs. 4.21 Cr | Rs. 19.79 Cr | Rs. -10.28 Cr | -151.95 % | -344.18 % |
EPS in Rs | Rs. 0.14 | Rs. 0.35 | Rs. -0.18 | -151.43 % | -228.57 % |
In reviewing Udaipur Cement Works Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 31.88 % year-on-year growth, although there was a slight dip of -6.75 % from the previous quarter. Expenses rose by 30.72 % compared to the previous year, with a decrease of -0.56 % quarter-on-quarter. Operating Profit surged by 41.07 % annually, and saw a -36 % decrease from the last quarter.
Net Profit showed yearly decrease of -344.18 %, and experienced a -151.95 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -228.57 % annually, however dipped by -151.43 % compared to the last quarter. In essence, while Udaipur Cement Works Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.