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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 3.34 % in the past year, substantial increase in net sales/revenue by 8.29 %.
- 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 22.01 %. Marginal increase in other income during this quarter, up by 0.85%.
- Profit over the Year and quarter: Significant improvement in profitability for Saint-Gobain Sekurit India Ltd.. Notable increase of 7.92 % in net profit Year to Year, Saint-Gobain Sekurit India Ltd.’s profitability increased by 4.33 % in this quarter.
- EPS over the Year and quarter: EPS increased by 9.09 % Year to Year. EPS increased by 5 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 48.289 Cr | Rs. 46.08 Cr | Rs. 49.901 Cr | + 8.29 % | + 3.34 % |
Expenses | Rs. 39.86 Cr | Rs. 37.36 Cr | Rs. 41.46 Cr | + 10.97 % | + 4.01 % |
Operating Profit | Rs. 8.43 Cr | Rs. 8.72 Cr | Rs. 8.44 Cr | -3.21 % | + 0.12 % |
OPM % | 17.46 % | 18.92 % | 16.91 % | -2.01 % | -0.55 % |
Other Income | Rs. 2.322 Cr | Rs. 2.809 Cr | Rs. 2.833 Cr | + 0.85 % | + 22.01 % |
Interest | Rs. 0.11 Cr | Rs. 0.13 Cr | Rs. 0.14 Cr | + 7.69 % | + 27.27 % |
Depreciation | Rs. 0.96 Cr | Rs. 0.86 Cr | Rs. 0.9 Cr | + 4.65 % | -6.25 % |
Profit before tax | Rs. 9.68 Cr | Rs. 10.54 Cr | Rs. 10.23 Cr | -2.94 % | + 5.68 % |
Tax % | 27.11 % | 30.74 % | 25.62 % | -5.12 % | -1.49 % |
Net Profit | Rs. 7.06 Cr | Rs. 7.3 Cr | Rs. 7.61 Cr | + 4.25 % | + 7.79 % |
EPS in Rs | Rs. 0.77 | Rs. 0.8 | Rs. 0.84 | + 5 % | + 9.09 % |
Today, we’re looking at Saint-Gobain Sekurit India Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 3.34 %. However, it did see a marginal increase of 8.29 % from the previous quarter. Expenses ticked up slightly by 10.97 % quarter-on-quarter, aligning with the annual rise of 4.01 %. Operating profit, while up 0.12 % compared to last year, faced a quarter-on-quarter dip of -3.21 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.55 %, but a shrinkage of -2.01 % sequentially. Other income rose by 0.85 % compared to the last quarter, despite an annual growth of 22.01 %. Interest expenses surged remarkably by 7.69 % from the previous quarter, yet the year-over-year increase remains at a moderate 27.27 %. Depreciation costs climbed by 4.65 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -6.25 %. Profit before tax grew annually by 5.68 % but saw a reduction from the preceding quarter by -2.94 %.
Tax expenses as a percentage of profits decreased slightly by -1.49 % compared to last year, with a more notable quarter-on-quarter decrease of -5.12 %. Net profit rose by 7.79 % year-on-year but experienced a 4.25 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 9.09 % but a quarterly rise of 5 %. In summary, Saint-Gobain Sekurit India 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. 48.289 Cr | Rs. 46.08 Cr | Rs. 49.901 Cr | + 8.29 % | + 3.34 % |
Expenses | Rs. 39.86 Cr | Rs. 37.36 Cr | Rs. 41.46 Cr | + 10.97 % | + 4.01 % |
Operating Profit | Rs. 8.43 Cr | Rs. 8.72 Cr | Rs. 8.44 Cr | -3.21 % | + 0.12 % |
Net Profit | Rs. 7.06 Cr | Rs. 7.3 Cr | Rs. 7.61 Cr | + 4.25 % | + 7.79 % |
EPS in Rs | Rs. 0.77 | Rs. 0.8 | Rs. 0.84 | + 5 % | + 9.09 % |
In reviewing Saint-Gobain Sekurit India Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 3.34 % year-on-year growth, however, there was a minor increase of 8.29 % from the previous quarter. Expenses rose by 4.01 % compared to the previous year, with a 10.97 % increase quarter-on-quarter. Operating Profit surged by 0.12 % annually, and saw a -3.21 % decrease from the last quarter.
Net Profit showed yearly increase of 7.79 %, and experienced a 4.25 % increase from the previous quarter. Earnings Per Share (EPS) rose by 9.09 % annually, however rose by 5 % compared to the last quarter. In essence, while Saint-Gobain Sekurit India 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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