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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 -8.91 % over the year, decrease in net sales/revenue by -19.34 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -93.75 %, Marginal decrease of -86.96% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Zenlabs Ethica Limited. Profit dropped by -36.36 % Year to Year, Zenlabs Ethica Limited’s profitability dropped by -72.55 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -40.00 % Year to Year. EPS decreased by -73.91 % 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. 13.572 Cr | Rs. 15.327 Cr | Rs. 12.363 Cr | -19.34 % | -8.91 % |
Expenses | Rs. 13.04 Cr | Rs. 14.57 Cr | Rs. 11.75 Cr | -19.35 % | -9.89 % |
Operating Profit | Rs. 0.53 Cr | Rs. 0.76 Cr | Rs. 0.61 Cr | -19.74 % | + 15.09 % |
OPM % | 3.91 % | 4.96 % | 4.93 % | -0.03 % | + 1.02 % |
Other Income | Rs. 0.048 Cr | Rs. 0.023 Cr | Rs. 0.003 Cr | -86.96 % | -93.75 % |
Interest | Rs. 0.16 Cr | Rs. 0.25 Cr | Rs. 0.23 Cr | -8 % | + 43.75 % |
Depreciation | Rs. 0.32 Cr | Rs. 0.33 Cr | Rs. 0.32 Cr | -3.03 % | + 0 % |
Profit before tax | Rs. 0.1 Cr | Rs. 0.2 Cr | Rs. 0.06 Cr | -70 % | -40 % |
Tax % | 32.65 % | 26.79 % | 41.67 % | + 14.88 % | + 9.02 % |
Net Profit | Rs. 0.07 Cr | Rs. 0.15 Cr | Rs. 0.04 Cr | -73.33 % | -42.86 % |
EPS in Rs | Rs. 0.1 | Rs. 0.23 | Rs. 0.06 | -73.91 % | -40 % |
Today, we’re looking at Zenlabs Ethica 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 -8.91 %. However, it did see a marginal slip of -19.34 % from the previous quarter. Expenses decreased slightly by -19.35 % quarter-on-quarter, aligning with the annual decline of -9.89 %. Operating profit, while up 15.09 % compared to last year, faced a quarter-on-quarter dip of -19.74 %, 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 1.02 %, but a shrinkage of -0.03 % sequentially. Other income fell by -86.96 % compared to the last quarter, despite an annual decline of -93.75 %. Interest expenses dropped significantly by -8 % from the previous quarter, yet the year-over-year increase remains at a moderate 43.75 %. Depreciation costs fell by -3.03 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -40 % but saw a reduction from the preceding quarter by -70 %.
Tax expenses as a percentage of profits increased slightly by 9.02 % compared to last year, with a more notable quarter-on-quarter increase of 14.88 %. Net profit fell by -42.86 % year-on-year but witnessed a -73.33 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -40 % but a quarterly fall of -73.91 %. In summary, Zenlabs Ethica 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. 13.572 Cr | Rs. 15.327 Cr | Rs. 12.363 Cr | -19.34 % | -8.91 % |
Expenses | Rs. 13.04 Cr | Rs. 14.57 Cr | Rs. 11.75 Cr | -19.35 % | -9.89 % |
Operating Profit | Rs. 0.53 Cr | Rs. 0.76 Cr | Rs. 0.61 Cr | -19.74 % | + 15.09 % |
Net Profit | Rs. 0.07 Cr | Rs. 0.15 Cr | Rs. 0.04 Cr | -73.33 % | -42.86 % |
EPS in Rs | Rs. 0.1 | Rs. 0.23 | Rs. 0.06 | -73.91 % | -40 % |
In reviewing Zenlabs Ethica Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -8.91 % year-on-year, although there was a slight dip of -19.34 % from the previous quarter. Expenses decreased by -9.89 % compared to the previous year, with a decrease of -19.35 % quarter-on-quarter. Operating Profit surged by 15.09 % annually, and saw a -19.74 % decrease from the last quarter.
Net Profit showed yearly decrease of -42.86 %, and experienced a -73.33 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -40 % annually, however dipped by -73.91 % compared to the last quarter. In essence, while Zenlabs Ethica 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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