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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -11.97 % over the year, substantial increase in net sales/revenue by 4.16 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -9.74 %, Marginal increase in other income during this quarter, up by 77.83%.
- Profit over the Year and quarter: Significant improvement in profitability for Sarda Energy & Minerals Ltd. Notable increase of 14.98 % in net profit Year to Year, Sarda Energy & Minerals Ltd’s profitability increased by 125.29 % in this quarter.
- EPS over the Year and quarter: EPS declined by -88.37 % Year to Year. EPS increased by 110.45 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1052.12 Cr | Rs. 889.25 Cr | Rs. 926.21 Cr | + 4.16 % | -11.97 % |
Expenses | Rs. 839.3 Cr | Rs. 736.92 Cr | Rs. 665.65 Cr | -9.67 % | -20.69 % |
Operating Profit | Rs. 212.82 Cr | Rs. 152.33 Cr | Rs. 260.56 Cr | + 71.05 % | + 22.43 % |
OPM % | 20.23 % | 17.13 % | 28.13 % | + 11 % | + 7.9 % |
Other Income | Rs. 83.08 Cr | Rs. 42.17 Cr | Rs. 74.99 Cr | + 77.83 % | -9.74 % |
Interest | Rs. 34.99 Cr | Rs. 27.57 Cr | Rs. 35.74 Cr | + 29.63 % | + 2.14 % |
Depreciation | Rs. 44.9 Cr | Rs. 46.27 Cr | Rs. 45 Cr | -2.74 % | + 0.22 % |
Profit before tax | Rs. 216.01 Cr | Rs. 120.66 Cr | Rs. 254.81 Cr | + 111.18 % | + 17.96 % |
Tax % | 19.99 % | 36.78 % | 23.67 % | -13.11 % | + 3.68 % |
Net Profit | Rs. 172.41 Cr | Rs. 87.99 Cr | Rs. 198.23 Cr | + 125.29 % | + 14.98 % |
EPS in Rs | Rs. 48.48 | Rs. 2.68 | Rs. 5.64 | + 110.45 % | -88.37 % |
Today, we’re looking at Sarda Energy & Minerals Ltd’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -11.97 %. However, it did see a marginal increase of 4.16 % from the previous quarter. Expenses decreased slightly by -9.67 % quarter-on-quarter, aligning with the annual decline of -20.69 %. Operating profit, while up 22.43 % compared to last year, faced a quarter-on-quarter increase of 71.05 %, 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 7.9 %, but an expansion of 11 % sequentially. Other income rose by 77.83 % compared to the last quarter, despite an annual decline of -9.74 %. Interest expenses surged remarkably by 29.63 % from the previous quarter, yet the year-over-year increase remains at a moderate 2.14 %. Depreciation costs fell by -2.74 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0.22 %. Profit before tax grew annually by 17.96 % but saw an increase from the preceding quarter by 111.18 %.
Tax expenses as a percentage of profits increased slightly by 3.68 % compared to last year, with a more notable quarter-on-quarter decrease of -13.11 %. Net profit rose by 14.98 % year-on-year but experienced a 125.29 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -88.37 % but a quarterly rise of 110.45 %. In summary, Sarda Energy & Minerals 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. 1052.12 Cr | Rs. 889.25 Cr | Rs. 926.21 Cr | + 4.16 % | -11.97 % |
Expenses | Rs. 839.3 Cr | Rs. 736.92 Cr | Rs. 665.65 Cr | -9.67 % | -20.69 % |
Operating Profit | Rs. 212.82 Cr | Rs. 152.33 Cr | Rs. 260.56 Cr | + 71.05 % | + 22.43 % |
Net Profit | Rs. 172.41 Cr | Rs. 87.99 Cr | Rs. 198.23 Cr | + 125.29 % | + 14.98 % |
EPS in Rs | Rs. 48.48 | Rs. 2.68 | Rs. 5.64 | + 110.45 % | -88.37 % |
In reviewing Sarda Energy & Minerals Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -11.97 % year-on-year, however, there was a minor increase of 4.16 % from the previous quarter. Expenses decreased by -20.69 % compared to the previous year, with a decrease of -9.67 % quarter-on-quarter. Operating Profit surged by 22.43 % annually, and saw a 71.05 % increase from the last quarter.
Net Profit showed yearly increase of 14.98 %, and experienced a 125.29 % increase from the previous quarter. Earnings Per Share (EPS) fell by -88.37 % annually, however rose by 110.45 % compared to the last quarter. In essence, while Sarda Energy & Minerals Ltd 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.
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