Share the post "Shree Metalloys : Q4 2024 Financial Quarterly Report : YoY Sales Up 16.47 %, QoQ Up 86.23 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 16.47 % in the past year, substantial increase in net sales/revenue by 86.23 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is %, Marginal increase in other income during this quarter, up by 80%.
- Profit over the Year and quarter: Significant improvement in profitability for Shree Metalloys Limited. Notable increase of 75 % in net profit Year to Year, Shree Metalloys Limited’s profitability increased by 950 % in this quarter.
- EPS over the Year and quarter: EPS increased by 73.91 % Year to Year. EPS increased by 3900 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 23.547 Cr | Rs. 14.727 Cr | Rs. 27.426 Cr | + 86.23 % | + 16.47 % |
Expenses | Rs. 23.31 Cr | Rs. 14.67 Cr | Rs. 27.08 Cr | + 84.59 % | + 16.17 % |
Operating Profit | Rs. 0.24 Cr | Rs. 0.06 Cr | Rs. 0.35 Cr | + 483.33 % | + 45.83 % |
OPM % | 1.02 % | 0.41 % | 1.28 % | + 0.87 % | + 0.26 % |
Other Income | Rs. 0 Cr | Rs. 0.05 Cr | Rs. 0.09 Cr | + 80 % | 0 % |
Interest | Rs. 0.01 Cr | Rs. 0.02 Cr | Rs. 0.02 Cr | + 0 % | + 100 % |
Depreciation | Rs. 0.06 Cr | Rs. 0.06 Cr | Rs. 0.06 Cr | + 0 % | + 0 % |
Profit before tax | Rs. 0.17 Cr | Rs. 0.03 Cr | Rs. 0.36 Cr | + 1100 % | + 111.76 % |
Tax % | 28.74 % | 31.03 % | 41.01 % | + 9.98 % | + 12.27 % |
Net Profit | Rs. 0.12 Cr | Rs. 0.02 Cr | Rs. 0.21 Cr | + 950 % | + 75 % |
EPS in Rs | Rs. 0.23 | Rs. 0.01 | Rs. 0.4 | + 3900 % | + 73.91 % |
Today, we’re looking at Shree Metalloys Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 16.47 %. However, it did see a marginal increase of 86.23 % from the previous quarter. Expenses ticked up slightly by 84.59 % quarter-on-quarter, aligning with the annual rise of 16.17 %. Operating profit, while up 45.83 % compared to last year, faced a quarter-on-quarter increase of 483.33 %, 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 0.26 %, but an expansion of 0.87 % sequentially. Other income rose by 80 % compared to the last quarter, Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 100 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 111.76 % but saw an increase from the preceding quarter by 1100 %.
Tax expenses as a percentage of profits increased slightly by 12.27 % compared to last year, with a more notable quarter-on-quarter increase of 9.98 %. Net profit rose by 75 % year-on-year but experienced a 950 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 73.91 % but a quarterly rise of 3900 %. In summary, Shree Metalloys 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. 23.547 Cr | Rs. 14.727 Cr | Rs. 27.426 Cr | + 86.23 % | + 16.47 % |
Expenses | Rs. 23.31 Cr | Rs. 14.67 Cr | Rs. 27.08 Cr | + 84.59 % | + 16.17 % |
Operating Profit | Rs. 0.24 Cr | Rs. 0.06 Cr | Rs. 0.35 Cr | + 483.33 % | + 45.83 % |
Net Profit | Rs. 0.12 Cr | Rs. 0.02 Cr | Rs. 0.21 Cr | + 950 % | + 75 % |
EPS in Rs | Rs. 0.23 | Rs. 0.01 | Rs. 0.4 | + 3900 % | + 73.91 % |
In reviewing Shree Metalloys Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 16.47 % year-on-year growth, however, there was a minor increase of 86.23 % from the previous quarter. Expenses rose by 16.17 % compared to the previous year, with a 84.59 % increase quarter-on-quarter. Operating Profit surged by 45.83 % annually, and saw a 483.33 % increase from the last quarter.
Net Profit showed yearly increase of 75 %, and experienced a 950 % increase from the previous quarter. Earnings Per Share (EPS) rose by 73.91 % annually, however rose by 3900 % compared to the last quarter. In essence, while Shree Metalloys Limited exhibits strong annual growth 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.