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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 -11.99 % over the year, decrease in net sales/revenue by -9.9 %.
- 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 380.2 %. Marginal increase in other income during this quarter, up by 4.27%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Uniparts India Limited. Profit dropped by -32.92 % Year to Year, Uniparts India Limited’s profitability dropped by -13.06 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -33.89 % Year to Year. EPS decreased by -14.29 % 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. 296.768 Cr | Rs. 289.878 Cr | Rs. 261.185 Cr | -9.9 % | -11.99 % |
Expenses | Rs. 237.46 Cr | Rs. 242.5 Cr | Rs. 219.45 Cr | -9.51 % | -7.58 % |
Operating Profit | Rs. 59.31 Cr | Rs. 47.38 Cr | Rs. 41.74 Cr | -11.9 % | -29.62 % |
OPM % | 19.99 % | 16.34 % | 15.98 % | -0.36 % | -4.01 % |
Other Income | Rs. 0.884 Cr | Rs. 4.071 Cr | Rs. 4.245 Cr | + 4.27 % | + 380.2 % |
Interest | Rs. 1.14 Cr | Rs. 2.1 Cr | Rs. 2.07 Cr | -1.43 % | + 81.58 % |
Depreciation | Rs. 9.95 Cr | Rs. 10.44 Cr | Rs. 10.67 Cr | + 2.2 % | + 7.24 % |
Profit before tax | Rs. 49.1 Cr | Rs. 38.91 Cr | Rs. 33.25 Cr | -14.55 % | -32.28 % |
Tax % | 24.43 % | 26.43 % | 25.13 % | -1.3 % | + 0.7 % |
Net Profit | Rs. 37.11 Cr | Rs. 28.63 Cr | Rs. 24.89 Cr | -13.06 % | -32.93 % |
EPS in Rs | Rs. 8.22 | Rs. 6.34 | Rs. 5.52 | -12.93 % | -32.85 % |
Today, we’re looking at Uniparts India 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 -11.99 %. However, it did see a marginal slip of -9.9 % from the previous quarter. Expenses decreased slightly by -9.51 % quarter-on-quarter, aligning with the annual decline of -7.58 %. Operating profit, while down -29.62 % compared to last year, faced a quarter-on-quarter dip of -11.9 %, 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 -4.01 %, but a shrinkage of -0.36 % sequentially. Other income rose by 4.27 % compared to the last quarter, despite an annual growth of 380.2 %. Interest expenses dropped significantly by -1.43 % from the previous quarter, yet the year-over-year increase remains at a moderate 81.58 %. Depreciation costs climbed by 2.2 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 7.24 %. Profit before tax declined annually by -32.28 % but saw a reduction from the preceding quarter by -14.55 %.
Tax expenses as a percentage of profits increased slightly by 0.7 % compared to last year, with a more notable quarter-on-quarter decrease of -1.3 %. Net profit fell by -32.93 % year-on-year but witnessed a -13.06 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -32.85 % but a quarterly fall of -12.93 %. In summary, Uniparts India 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. 296.768 Cr | Rs. 289.878 Cr | Rs. 261.185 Cr | -9.9 % | -11.99 % |
Expenses | Rs. 237.46 Cr | Rs. 242.5 Cr | Rs. 219.45 Cr | -9.51 % | -7.58 % |
Operating Profit | Rs. 59.31 Cr | Rs. 47.38 Cr | Rs. 41.74 Cr | -11.9 % | -29.62 % |
Net Profit | Rs. 37.11 Cr | Rs. 28.63 Cr | Rs. 24.89 Cr | -13.06 % | -32.93 % |
EPS in Rs | Rs. 8.22 | Rs. 6.34 | Rs. 5.52 | -12.93 % | -32.85 % |
In reviewing Uniparts India Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -11.99 % year-on-year, although there was a slight dip of -9.9 % from the previous quarter. Expenses decreased by -7.58 % compared to the previous year, with a decrease of -9.51 % quarter-on-quarter. Operating Profit dropped by -29.62 % annually, and saw a -11.9 % decrease from the last quarter.
Net Profit showed yearly decrease of -32.93 %, and experienced a -13.06 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -32.85 % annually, however dipped by -12.93 % compared to the last quarter. In essence, while Uniparts India Limited 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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