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Highlights
- Sales over the Year and quarter: The company’s sales declined by -8.02 % over the year, substantial increase in net sales/revenue by 23.21 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -38.44 %, Marginal increase in other income during this quarter, up by 101.03%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Rana Sugars Ltd.. Profit dropped by -52.16 % Year to Year, Rana Sugars Ltd.’s profitability increased by 294.44 % in this quarter.
- EPS over the Year and quarter: EPS declined by -76.10 % Year to Year. EPS increased by 291.67 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 451.624 Cr | Rs. 337.156 Cr | Rs. 415.394 Cr | + 23.21 % | -8.02 % |
Expenses | Rs. 394.1 Cr | Rs. 318.89 Cr | Rs. 379.14 Cr | + 18.89 % | -3.8 % |
Operating Profit | Rs. 57.52 Cr | Rs. 18.27 Cr | Rs. 36.25 Cr | + 98.41 % | -36.98 % |
OPM % | 12.74 % | 5.42 % | 8.73 % | + 3.31 % | -4.01 % |
Other Income | Rs. 9.47 Cr | Rs. 2.9 Cr | Rs. 5.83 Cr | + 101.03 % | -38.44 % |
Interest | Rs. 9.88 Cr | Rs. 5.48 Cr | Rs. 9.36 Cr | + 70.8 % | -5.26 % |
Depreciation | Rs. 9.4 Cr | Rs. 8.22 Cr | Rs. 10.96 Cr | + 33.33 % | + 16.6 % |
Profit before tax | Rs. 47.71 Cr | Rs. 7.47 Cr | Rs. 21.76 Cr | + 191.3 % | -54.39 % |
Tax % | 4.94 % | 26.3 % | 0.26 % | -26.04 % | -4.68 % |
Net Profit | Rs. 45.36 Cr | Rs. 5.5 Cr | Rs. 21.7 Cr | + 294.55 % | -52.16 % |
EPS in Rs | Rs. 5.9 | Rs. 0.36 | Rs. 1.41 | + 291.67 % | -76.1 % |
Today, we’re looking at Rana Sugars Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -8.02 %. However, it did see a marginal increase of 23.21 % from the previous quarter. Expenses ticked up slightly by 18.89 % quarter-on-quarter, aligning with the annual decline of -3.8 %. Operating profit, while down -36.98 % compared to last year, faced a quarter-on-quarter increase of 98.41 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -4.01 %, but an expansion of 3.31 % sequentially. Other income rose by 101.03 % compared to the last quarter, despite an annual decline of -38.44 %. Interest expenses surged remarkably by 70.8 % from the previous quarter, yet the year-over-year decrease remains at a moderate -5.26 %. Depreciation costs climbed by 33.33 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 16.6 %. Profit before tax declined annually by -54.39 % but saw an increase from the preceding quarter by 191.3 %.
Tax expenses as a percentage of profits decreased slightly by -4.68 % compared to last year, with a more notable quarter-on-quarter decrease of -26.04 %. Net profit fell by -52.16 % year-on-year but experienced a 294.55 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -76.1 % but a quarterly rise of 291.67 %. In summary, Rana Sugars 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. 451.624 Cr | Rs. 337.156 Cr | Rs. 415.394 Cr | + 23.21 % | -8.02 % |
Expenses | Rs. 394.1 Cr | Rs. 318.89 Cr | Rs. 379.14 Cr | + 18.89 % | -3.8 % |
Operating Profit | Rs. 57.52 Cr | Rs. 18.27 Cr | Rs. 36.25 Cr | + 98.41 % | -36.98 % |
Net Profit | Rs. 45.36 Cr | Rs. 5.5 Cr | Rs. 21.7 Cr | + 294.55 % | -52.16 % |
EPS in Rs | Rs. 5.9 | Rs. 0.36 | Rs. 1.41 | + 291.67 % | -76.1 % |
In reviewing Rana Sugars Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -8.02 % year-on-year, however, there was a minor increase of 23.21 % from the previous quarter. Expenses decreased by -3.8 % compared to the previous year, with a 18.89 % increase quarter-on-quarter. Operating Profit dropped by -36.98 % annually, and saw a 98.41 % increase from the last quarter.
Net Profit showed yearly decrease of -52.16 %, and experienced a 294.55 % increase from the previous quarter. Earnings Per Share (EPS) fell by -76.1 % annually, however rose by 291.67 % compared to the last quarter. In essence, while Rana Sugars 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.