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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 -34.94 % over the year, decrease in net sales/revenue by -45.64 %.
- 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 22525 %. Marginal increase in other income during this quarter, up by 1156.94%.
- Profit over the Year and quarter: Significant improvement in profitability for Uniroyal Marine Exports Ltd.. Notable increase of 89.71 % in net profit Year to Year, Uniroyal Marine Exports Ltd.’s profitability dropped by -55.14 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 92.45 % Year to Year. EPS decreased by -59.84 % 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. 4.831 Cr | Rs. 5.782 Cr | Rs. 3.143 Cr | -45.64 % | -34.94 % |
| Expenses | Rs. 4.7 Cr | Rs. 6.89 Cr | Rs. 4.3 Cr | -37.59 % | -8.51 % |
| Operating Profit | Rs. 0.13 Cr | Rs. -1.11 Cr | Rs. -1.16 Cr | -4.5 % | -992.31 % |
| OPM % | 2.69 % | -19.2 % | -36.91 % | -17.71 % | -39.6 % |
| Other Income | Rs. 0.004 Cr | Rs. 0.072 Cr | Rs. 0.905 Cr | + 1156.94 % | + 22525 % |
| Interest | Rs. 0.35 Cr | Rs. 0.31 Cr | Rs. 0.28 Cr | -9.68 % | -20 % |
| Depreciation | Rs. 0.14 Cr | Rs. 0.14 Cr | Rs. 0.14 Cr | + 0 % | + 0 % |
| Profit before tax | Rs. -0.36 Cr | Rs. -1.49 Cr | Rs. -0.68 Cr | + 54.36 % | -88.89 % |
| Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
| Net Profit | Rs. -0.35 Cr | Rs. -1.48 Cr | Rs. -0.66 Cr | + 55.41 % | -88.57 % |
| EPS in Rs | Rs. -0.53 | Rs. -2.54 | Rs. -1.02 | + 59.84 % | -92.45 % |
Today, we’re looking at Uniroyal Marine Exports 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 -34.94 %. However, it did see a marginal slip of -45.64 % from the previous quarter. Expenses decreased slightly by -37.59 % quarter-on-quarter, aligning with the annual decline of -8.51 %. Operating profit, while down -992.31 % compared to last year, faced a quarter-on-quarter dip of -4.5 %, 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 -39.6 %, but a shrinkage of -17.71 % sequentially. Other income rose by 1156.94 % compared to the last quarter, despite an annual growth of 22525 %. Interest expenses dropped significantly by -9.68 % from the previous quarter, yet the year-over-year decrease remains at a moderate -20 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -88.89 % but saw an increase from the preceding quarter by 54.36 %.
Net profit fell by -88.57 % year-on-year but experienced a 55.41 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -92.45 % but a quarterly rise of 59.84 %. In summary, Uniroyal Marine Exports 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. 4.831 Cr | Rs. 5.782 Cr | Rs. 3.143 Cr | -45.64 % | -34.94 % |
| Expenses | Rs. 4.7 Cr | Rs. 6.89 Cr | Rs. 4.3 Cr | -37.59 % | -8.51 % |
| Operating Profit | Rs. 0.13 Cr | Rs. -1.11 Cr | Rs. -1.16 Cr | -4.5 % | -992.31 % |
| Net Profit | Rs. -0.35 Cr | Rs. -1.48 Cr | Rs. -0.66 Cr | + 55.41 % | -88.57 % |
| EPS in Rs | Rs. -0.53 | Rs. -2.54 | Rs. -1.02 | + 59.84 % | -92.45 % |
In reviewing Uniroyal Marine Exports Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -34.94 % year-on-year, although there was a slight dip of -45.64 % from the previous quarter. Expenses decreased by -8.51 % compared to the previous year, with a decrease of -37.59 % quarter-on-quarter. Operating Profit dropped by -992.31 % annually, and saw a -4.5 % decrease from the last quarter.
Net Profit showed yearly decrease of -88.57 %, and experienced a 55.41 % increase from the previous quarter. Earnings Per Share (EPS) fell by -92.45 % annually, however rose by 59.84 % compared to the last quarter. In essence, while Uniroyal Marine Exports Ltd. 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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