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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 1,232.14% in the past year Substantial increase in net sales/revenue by 102.10%.
- 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 1713.04%Marginal increase in other income during this quarter, up by 21.73%.
- Profit over the Year and quarter: Challenges in sustaining profitability for STERLING AND WILSON RENEWABLE ENERGY LIMITED. Profit dropped by -100.33% Year to YearSTERLING AND WILSON RENEWABLE ENERGY LIMITED’s profitability dropped by -102.24% Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -100.27% Year to Year.EPS decreased by -101.81%. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 88.43 Cr | Rs. 582.88 Cr | Rs. 1178.01 Cr | + 102.1% | + 1232.14% |
| Expenses | Rs. 440.55 Cr | Rs. 599.06 Cr | Rs. 1148.66 Cr | + 91.74% | + 160.73% |
| Operating Profit | Rs. -352.12 Cr | Rs. -16.18 Cr | Rs. 29.35 Cr | + 281.4% | + 108.34% |
| OPM % | -398.19 % | -2.78 % | 2.49 % | + 5.27% | + 400.68% |
| Other Income | Rs. -2.07 Cr | Rs. 27.43 Cr | Rs. 33.39 Cr | + 21.73% | + 1713.04% |
| Interest | Rs. 59.5 Cr | Rs. 67.55 Cr | Rs. 24.54 Cr | -63.67% | -58.76% |
| Depreciation | Rs. 3.83 Cr | Rs. 4.49 Cr | Rs. 4.46 Cr | -0.67% | + 16.45% |
| Profit before tax | Rs. -417.52 Cr | Rs. -60.79 Cr | Rs. 33.74 Cr | + 155.5% | + 108.08% |
| Tax % | -0.86 % | -2.63 % | 95.85 % | + 98.48% | + 96.71% |
| Net Profit | Rs. -421.11 Cr | Rs. -62.39 Cr | Rs. 1.4 Cr | + 102.24% | + 100.33% |
| EPS in Rs | Rs. -22 | Rs. -3.31 | Rs. 0.06 | + 101.81% | + 100.27% |
Today, we’re looking at STERLING AND WILSON RENEWABLE ENERGY LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 1232.14%. However, it did see a marginal increase of 102.1% from the previous quarter.Expenses ticked up slightly by 91.74% quarter-on-quarter, aligning with the annual rise of 160.73%. Operating profit, while up 108.34% compared to last year, faced a quarter-on-quarter increase of 281.4%, 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 400.68%, but an expansion of 5.27% sequentially. Other income rose by 21.73% compared to the last quarter,despite an annual growth of 1713.04%. Interest expenses dropped significantly by -63.67% from the previous quarter, yet the year-over-year decrease remains at a moderate -58.76%. Depreciation costs fell by -0.67% quarter-on-quarter, whereas on an annual scale, they saw an increase of 16.45%. Profit before tax grew annually by 108.08% but saw an increase from the preceding quarter by 155.5%.
Tax expenses as a percentage of profits increased slightly by 96.71% compared to last year, with a more notable quarter-on-quarter increase of 98.48%. Net profit rose by 100.33% year-on-year but experienced a 102.24% expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 100.27% but a quarterly rise of 101.81%. In summary, STERLING AND WILSON RENEWABLE ENERGY 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. 88.43 Cr | Rs. 582.88 Cr | Rs. 1178.01 Cr | + 102.1% | + 1232.14% |
| Expenses | Rs. 440.55 Cr | Rs. 599.06 Cr | Rs. 1148.66 Cr | + 91.74% | + 160.73% |
| Operating Profit | Rs. -352.12 Cr | Rs. -16.18 Cr | Rs. 29.35 Cr | + 281.4% | + 108.34% |
| Net Profit | Rs. -421.11 Cr | Rs. -62.39 Cr | Rs. 1.4 Cr | + 102.24% | + 100.33% |
| EPS in Rs | Rs. -22 | Rs. -3.31 | Rs. 0.06 | + 101.81% | + 100.27% |
In reviewing STERLING AND WILSON RENEWABLE ENERGY LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1232.14% year-on-year growth, however, there was a minor increase of 102.1% from the previous quarter. Expenses rose by 160.73% compared to the previous year, with a 91.74% increase quarter-on-quarter. Operating Profit surged by 108.34% annually, and saw a 281.4% increase from the last quarter.
Net Profit showed yearly increase of 100.33%, and experienced a 102.24% increase from the previous quarter. Earnings Per Share (EPS) rose by 100.27% annually, however rose by 101.81% compared to the last quarter. In essence, while STERLING AND WILSON RENEWABLE ENERGY LIMITED 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.
