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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 21.33 % in the past year, substantial increase in net sales/revenue by 4.87 %.
- 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 250 %. Marginal decrease of -25% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Sonal Adhesives Ltd.. Profit dropped by -57.92 % Year to Year, Sonal Adhesives Ltd.’s profitability increased by 48.9 % in this quarter.
- EPS over the Year and quarter: EPS declined by -57.55 % Year to Year. EPS increased by 50 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 21.988 Cr | Rs. 25.437 Cr | Rs. 26.677 Cr | + 4.87 % | + 21.33 % |
Expenses | Rs. 20.5 Cr | Rs. 24.83 Cr | Rs. 25.68 Cr | + 3.42 % | + 25.27 % |
Operating Profit | Rs. 1.49 Cr | Rs. 0.61 Cr | Rs. 1 Cr | + 63.93 % | -32.89 % |
OPM % | 6.78 % | 2.4 % | 3.75 % | + 1.35 % | -3.03 % |
Other Income | Rs. 0.06 Cr | Rs. 0.28 Cr | Rs. 0.21 Cr | -25 % | + 250 % |
Interest | Rs. 0.16 Cr | Rs. 0.01 Cr | Rs. 0.64 Cr | + 6300 % | + 300 % |
Depreciation | Rs. 0.17 Cr | Rs. 0.18 Cr | Rs. 0.2 Cr | + 11.11 % | + 17.65 % |
Profit before tax | Rs. 1.22 Cr | Rs. 0.7 Cr | Rs. 0.37 Cr | -47.14 % | -69.67 % |
Tax % | 47.81 % | 74.07 % | 26.36 % | -47.71 % | -21.45 % |
Net Profit | Rs. 0.64 Cr | Rs. 0.18 Cr | Rs. 0.27 Cr | + 50 % | -57.81 % |
EPS in Rs | Rs. 1.06 | Rs. 0.3 | Rs. 0.45 | + 50 % | -57.55 % |
Today, we’re looking at Sonal Adhesives Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 21.33 %. However, it did see a marginal increase of 4.87 % from the previous quarter. Expenses ticked up slightly by 3.42 % quarter-on-quarter, aligning with the annual rise of 25.27 %. Operating profit, while down -32.89 % compared to last year, faced a quarter-on-quarter increase of 63.93 %, 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 -3.03 %, but an expansion of 1.35 % sequentially. Other income fell by -25 % compared to the last quarter, despite an annual growth of 250 %. Interest expenses surged remarkably by 6300 % from the previous quarter, yet the year-over-year increase remains at a moderate 300 %. Depreciation costs climbed by 11.11 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 17.65 %. Profit before tax declined annually by -69.67 % but saw a reduction from the preceding quarter by -47.14 %.
Tax expenses as a percentage of profits decreased slightly by -21.45 % compared to last year, with a more notable quarter-on-quarter decrease of -47.71 %. Net profit fell by -57.81 % year-on-year but experienced a 50 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -57.55 % but a quarterly rise of 50 %. In summary, Sonal Adhesives 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. 21.988 Cr | Rs. 25.437 Cr | Rs. 26.677 Cr | + 4.87 % | + 21.33 % |
Expenses | Rs. 20.5 Cr | Rs. 24.83 Cr | Rs. 25.68 Cr | + 3.42 % | + 25.27 % |
Operating Profit | Rs. 1.49 Cr | Rs. 0.61 Cr | Rs. 1 Cr | + 63.93 % | -32.89 % |
Net Profit | Rs. 0.64 Cr | Rs. 0.18 Cr | Rs. 0.27 Cr | + 50 % | -57.81 % |
EPS in Rs | Rs. 1.06 | Rs. 0.3 | Rs. 0.45 | + 50 % | -57.55 % |
In reviewing Sonal Adhesives Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 21.33 % year-on-year growth, however, there was a minor increase of 4.87 % from the previous quarter. Expenses rose by 25.27 % compared to the previous year, with a 3.42 % increase quarter-on-quarter. Operating Profit dropped by -32.89 % annually, and saw a 63.93 % increase from the last quarter.
Net Profit showed yearly decrease of -57.81 %, and experienced a 50 % increase from the previous quarter. Earnings Per Share (EPS) fell by -57.55 % annually, however rose by 50 % compared to the last quarter. In essence, while Sonal Adhesives 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.