Shanthi Gears : Q1 2024 Financial Quarterly Report : YoY Sales Up 14.3 %, QoQ Down 9.65 %

The comprehensive analytics outlining the performance and outlook of Shanthi Gears Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Today, we’re looking at Shanthi Gears Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 14.3 %. However, it did see a marginal slip of -9.65 % from the previous quarter. Expenses decreased slightly by -13.27 % quarter-on-quarter, aligning with the annual rise of 12.02 %. Operating profit, while up 24.03 % compared to last year, faced a quarter-on-quarter increase of 7.67 %, 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 1.62 %, but an expansion of 3.32 % sequentially. Other income fell by -64.39 % compared to the last quarter, despite an annual decline of -15.04 %. Depreciation costs fell by -26.78 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 4.04 %. Profit before tax grew annually by 20.02 % but saw a reduction from the preceding quarter by -9.28 %.
Tax expenses as a percentage of profits increased slightly by 0.3 % compared to last year, with a more notable quarter-on-quarter increase of 5.66 %. Net profit rose by 19.54 % year-on-year but witnessed a -15.65 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 19.49 % but a quarterly fall of -15.82 %. In summary, Shanthi Gears Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Shanthi Gears Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 14.3 % year-on-year growth, although there was a slight dip of -9.65 % from the previous quarter. Expenses rose by 12.02 % compared to the previous year, with a decrease of -13.27 % quarter-on-quarter. Operating Profit surged by 24.03 % annually, and saw a 7.67 % increase from the last quarter.
Net Profit showed yearly increase of 19.54 %, and experienced a -15.65 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 19.49 % annually, however dipped by -15.82 % compared to the last quarter. In essence, while Shanthi Gears Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.