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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 -0.84 % over the year, substantial increase in net sales/revenue by 322.62 %.
- Profit over the Year and quarter: Significant improvement in profitability for Umiya Tubes Limited. Notable increase of 48.72 % in net profit Year to Year, Umiya Tubes Limited’s profitability dropped by -1.45 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 49.52 % Year to Year. EPS increased by 14.6 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.358 Cr | Rs. 0.084 Cr | Rs. 0.355 Cr | + 322.62 % | -0.84 % |
Expenses | Rs. 1.2 Cr | Rs. 1.74 Cr | Rs. 2.77 Cr | + 59.2 % | + 130.83 % |
Operating Profit | Rs. -0.84 Cr | Rs. -1.66 Cr | Rs. -2.42 Cr | -45.78 % | -188.1 % |
OPM % | -234.64 % | -1976.19 % | -681.69 % | + 1294.5 % | -447.05 % |
Other Income | Rs. 0 Cr | Rs. 0 Cr | Rs. 0.996 Cr | 0 % | 0 % |
Interest | Rs. 0.13 Cr | Rs. 0.18 Cr | Rs. 0.12 Cr | -33.33 % | -7.69 % |
Depreciation | Rs. 0.09 Cr | Rs. 0.07 Cr | Rs. 0.03 Cr | -57.14 % | -66.67 % |
Profit before tax | Rs. -1.06 Cr | Rs. -1.91 Cr | Rs. -1.57 Cr | + 17.8 % | -48.11 % |
Tax % | -0.28 % | -16.55 % | -0 % | + 16.55 % | + 0.28 % |
Net Profit | Rs. -1.05 Cr | Rs. -1.59 Cr | Rs. -1.57 Cr | + 1.26 % | -49.52 % |
EPS in Rs | Rs. -1.05 | Rs. -1.37 | Rs. -1.57 | -14.6 % | -49.52 % |
Today, we’re looking at Umiya Tubes Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -0.84 %. However, it did see a marginal increase of 322.62 % from the previous quarter. Expenses ticked up slightly by 59.2 % quarter-on-quarter, aligning with the annual rise of 130.83 %. Operating profit, while down -188.1 % compared to last year, faced a quarter-on-quarter dip of -45.78 %, 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 -447.05 %, but an expansion of 1294.5 % sequentially. Interest expenses dropped significantly by -33.33 % from the previous quarter, yet the year-over-year decrease remains at a moderate -7.69 %. Depreciation costs fell by -57.14 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -66.67 %. Profit before tax declined annually by -48.11 % but saw an increase from the preceding quarter by 17.8 %.
Tax expenses as a percentage of profits increased slightly by 0.28 % compared to last year, with a more notable quarter-on-quarter increase of 16.55 %. Net profit fell by -49.52 % year-on-year but experienced a 1.26 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -49.52 % but a quarterly fall of -14.6 %. In summary, Umiya Tubes 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. 0.358 Cr | Rs. 0.084 Cr | Rs. 0.355 Cr | + 322.62 % | -0.84 % |
Expenses | Rs. 1.2 Cr | Rs. 1.74 Cr | Rs. 2.77 Cr | + 59.2 % | + 130.83 % |
Operating Profit | Rs. -0.84 Cr | Rs. -1.66 Cr | Rs. -2.42 Cr | -45.78 % | -188.1 % |
Net Profit | Rs. -1.05 Cr | Rs. -1.59 Cr | Rs. -1.57 Cr | + 1.26 % | -49.52 % |
EPS in Rs | Rs. -1.05 | Rs. -1.37 | Rs. -1.57 | -14.6 % | -49.52 % |
In reviewing Umiya Tubes Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -0.84 % year-on-year, however, there was a minor increase of 322.62 % from the previous quarter. Expenses rose by 130.83 % compared to the previous year, with a 59.2 % increase quarter-on-quarter. Operating Profit dropped by -188.1 % annually, and saw a -45.78 % decrease from the last quarter.
Net Profit showed yearly decrease of -49.52 %, and experienced a 1.26 % increase from the previous quarter. Earnings Per Share (EPS) fell by -49.52 % annually, however dipped by -14.6 % compared to the last quarter. In essence, while Umiya Tubes Limited 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.
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