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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 -57.65 % over the year, decrease in net sales/revenue by -45.76 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -75 %, Marginal decrease of -73.91% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Yash Chemex Limited. Profit dropped by -7.15 % Year to Year, Yash Chemex Limited’s profitability dropped by -141.14 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -9.71 % Year to Year. EPS decreased by -138.59 % 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. 31.979 Cr | Rs. 24.969 Cr | Rs. 13.543 Cr | -45.76 % | -57.65 % |
| Expenses | Rs. 30.6 Cr | Rs. 29.22 Cr | Rs. 11.24 Cr | -61.53 % | -63.27 % |
| Operating Profit | Rs. 1.38 Cr | Rs. -4.25 Cr | Rs. 2.3 Cr | + 154.12 % | + 66.67 % |
| OPM % | 4.32 % | -17.02 % | 16.98 % | + 34 % | + 12.66 % |
| Other Income | Rs. 0.6 Cr | Rs. 0.575 Cr | Rs. 0.15 Cr | -73.91 % | -75 % |
| Interest | Rs. 0.34 Cr | Rs. 0.47 Cr | Rs. 0.35 Cr | -25.53 % | + 2.94 % |
| Depreciation | Rs. 0.02 Cr | Rs. 0.03 Cr | Rs. 0.03 Cr | + 0 % | + 50 % |
| Profit before tax | Rs. 1.62 Cr | Rs. -4.18 Cr | Rs. 2.07 Cr | + 149.52 % | + 27.78 % |
| Tax % | 16.29 % | -26.69 % | 39.42 % | + 66.11 % | + 23.13 % |
| Net Profit | Rs. 1.36 Cr | Rs. -3.06 Cr | Rs. 1.26 Cr | + 141.18 % | -7.35 % |
| EPS in Rs | Rs. 1.03 | Rs. -2.41 | Rs. 0.93 | + 138.59 % | -9.71 % |
Today, we’re looking at Yash Chemex 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 -57.65 %. However, it did see a marginal slip of -45.76 % from the previous quarter. Expenses decreased slightly by -61.53 % quarter-on-quarter, aligning with the annual decline of -63.27 %. Operating profit, while up 66.67 % compared to last year, faced a quarter-on-quarter increase of 154.12 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 12.66 %, but an expansion of 34 % sequentially. Other income fell by -73.91 % compared to the last quarter, despite an annual decline of -75 %. Interest expenses dropped significantly by -25.53 % from the previous quarter, yet the year-over-year increase remains at a moderate 2.94 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 50 %. Profit before tax grew annually by 27.78 % but saw an increase from the preceding quarter by 149.52 %.
Tax expenses as a percentage of profits increased slightly by 23.13 % compared to last year, with a more notable quarter-on-quarter increase of 66.11 %. Net profit fell by -7.35 % year-on-year but experienced a 141.18 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -9.71 % but a quarterly rise of 138.59 %. In summary, Yash Chemex 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. 31.979 Cr | Rs. 24.969 Cr | Rs. 13.543 Cr | -45.76 % | -57.65 % |
| Expenses | Rs. 30.6 Cr | Rs. 29.22 Cr | Rs. 11.24 Cr | -61.53 % | -63.27 % |
| Operating Profit | Rs. 1.38 Cr | Rs. -4.25 Cr | Rs. 2.3 Cr | + 154.12 % | + 66.67 % |
| Net Profit | Rs. 1.36 Cr | Rs. -3.06 Cr | Rs. 1.26 Cr | + 141.18 % | -7.35 % |
| EPS in Rs | Rs. 1.03 | Rs. -2.41 | Rs. 0.93 | + 138.59 % | -9.71 % |
In reviewing Yash Chemex Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -57.65 % year-on-year, although there was a slight dip of -45.76 % from the previous quarter. Expenses decreased by -63.27 % compared to the previous year, with a decrease of -61.53 % quarter-on-quarter. Operating Profit surged by 66.67 % annually, and saw a 154.12 % increase from the last quarter.
Net Profit showed yearly decrease of -7.35 %, and experienced a 141.18 % increase from the previous quarter. Earnings Per Share (EPS) fell by -9.71 % annually, however rose by 138.59 % compared to the last quarter. In essence, while Yash Chemex 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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