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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 experienced a substantial growth of 5.8 % in the past year, decrease in net sales/revenue by -31.41 %.
- 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 582.44 %. Marginal decrease of -99.35% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Shekhawati Poly-Yarn Limited. Profit dropped by -213.69 % Year to Year, Shekhawati Poly-Yarn Limited’s profitability dropped by -98.38 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -216.67 % Year to Year. EPS decreased by -98.34 % 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. 15.61 Cr | Rs. 24.079 Cr | Rs. 16.516 Cr | -31.41 % | + 5.8 % |
Expenses | Rs. 15.65 Cr | Rs. 14.86 Cr | Rs. 14.92 Cr | + 0.4 % | -4.66 % |
Operating Profit | Rs. -0.04 Cr | Rs. 9.22 Cr | Rs. 1.6 Cr | -82.65 % | + 4100 % |
OPM % | -0.26 % | 38.29 % | 9.69 % | -28.6 % | + 9.95 % |
Other Income | Rs. 0.131 Cr | Rs. 138.056 Cr | Rs. 0.894 Cr | -99.35 % | + 582.44 % |
Interest | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | + 0 % |
Depreciation | Rs. 2.16 Cr | Rs. 1.8 Cr | Rs. 0.12 Cr | -93.33 % | -94.44 % |
Profit before tax | Rs. -2.08 Cr | Rs. 145.47 Cr | Rs. 2.36 Cr | -98.38 % | + 213.46 % |
Tax % | -0 % | 0.04 % | 0 % | -0.04 % | 0 % |
Net Profit | Rs. -2.08 Cr | Rs. 145.41 Cr | Rs. 2.36 Cr | -98.38 % | + 213.46 % |
EPS in Rs | Rs. -0.06 | Rs. 4.22 | Rs. 0.07 | -98.34 % | + 216.67 % |
Today, we’re looking at Shekhawati Poly-Yarn 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 5.8 %. However, it did see a marginal slip of -31.41 % from the previous quarter. Expenses ticked up slightly by 0.4 % quarter-on-quarter, aligning with the annual decline of -4.66 %. Operating profit, while up 4100 % compared to last year, faced a quarter-on-quarter dip of -82.65 %, 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 9.95 %, but a shrinkage of -28.6 % sequentially. Other income fell by -99.35 % compared to the last quarter, despite an annual growth of 582.44 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs fell by -93.33 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -94.44 %. Profit before tax grew annually by 213.46 % but saw a reduction from the preceding quarter by -98.38 %.
with a more notable quarter-on-quarter decrease of -0.04 %. Net profit rose by 213.46 % year-on-year but witnessed a -98.38 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 216.67 % but a quarterly fall of -98.34 %. In summary, Shekhawati Poly-Yarn 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. 15.61 Cr | Rs. 24.079 Cr | Rs. 16.516 Cr | -31.41 % | + 5.8 % |
Expenses | Rs. 15.65 Cr | Rs. 14.86 Cr | Rs. 14.92 Cr | + 0.4 % | -4.66 % |
Operating Profit | Rs. -0.04 Cr | Rs. 9.22 Cr | Rs. 1.6 Cr | -82.65 % | + 4100 % |
Net Profit | Rs. -2.08 Cr | Rs. 145.41 Cr | Rs. 2.36 Cr | -98.38 % | + 213.46 % |
EPS in Rs | Rs. -0.06 | Rs. 4.22 | Rs. 0.07 | -98.34 % | + 216.67 % |
In reviewing Shekhawati Poly-Yarn Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 5.8 % year-on-year growth, although there was a slight dip of -31.41 % from the previous quarter. Expenses decreased by -4.66 % compared to the previous year, with a 0.4 % increase quarter-on-quarter. Operating Profit surged by 4100 % annually, and saw a -82.65 % decrease from the last quarter.
Net Profit showed yearly increase of 213.46 %, and experienced a -98.38 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 216.67 % annually, however dipped by -98.34 % compared to the last quarter. In essence, while Shekhawati Poly-Yarn 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.