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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 experienced a substantial growth of 14.43 % in the past year, decrease in net sales/revenue by -14.24 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -58.85 %, Marginal decrease of -54.45% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for SWISS MILITARY CONSUMER GOODS LIMITED. Notable increase of 0.35 % in net profit Year to Year, SWISS MILITARY CONSUMER GOODS LIMITED’s profitability dropped by -27.11 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 0.00 % Year to Year. EPS decreased by -25 % 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. 40.539 Cr | Rs. 54.089 Cr | Rs. 46.389 Cr | -14.24 % | + 14.43 % |
Expenses | Rs. 38.58 Cr | Rs. 51.2 Cr | Rs. 44.18 Cr | -13.71 % | + 14.52 % |
Operating Profit | Rs. 1.96 Cr | Rs. 2.89 Cr | Rs. 2.21 Cr | -23.53 % | + 12.76 % |
OPM % | 4.83 % | 5.34 % | 4.76 % | -0.58 % | -0.07 % |
Other Income | Rs. 0.435 Cr | Rs. 0.393 Cr | Rs. 0.179 Cr | -54.45 % | -58.85 % |
Interest | Rs. 0 Cr | Rs. 0.06 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.07 Cr | Rs. 0.02 Cr | Rs. 0.07 Cr | + 250 % | + 0 % |
Profit before tax | Rs. 2.33 Cr | Rs. 3.2 Cr | Rs. 2.32 Cr | -27.5 % | -0.43 % |
Tax % | 25.73 % | 25.92 % | 25.6 % | -0.32 % | -0.13 % |
Net Profit | Rs. 1.72 Cr | Rs. 2.37 Cr | Rs. 1.73 Cr | -27 % | + 0.58 % |
EPS in Rs | Rs. 0.09 | Rs. 0.12 | Rs. 0.09 | -25 % | + 0 % |
Today, we’re looking at SWISS MILITARY CONSUMER GOODS 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 14.43 %. However, it did see a marginal slip of -14.24 % from the previous quarter. Expenses decreased slightly by -13.71 % quarter-on-quarter, aligning with the annual rise of 14.52 %. Operating profit, while up 12.76 % compared to last year, faced a quarter-on-quarter dip of -23.53 %, 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 -0.07 %, but a shrinkage of -0.58 % sequentially. Other income fell by -54.45 % compared to the last quarter, despite an annual decline of -58.85 %. Depreciation costs climbed by 250 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -0.43 % but saw a reduction from the preceding quarter by -27.5 %.
Tax expenses as a percentage of profits decreased slightly by -0.13 % compared to last year, with a more notable quarter-on-quarter decrease of -0.32 %. Net profit rose by 0.58 % year-on-year but witnessed a -27 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 0 % but a quarterly fall of -25 %. In summary, SWISS MILITARY CONSUMER GOODS 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. 40.539 Cr | Rs. 54.089 Cr | Rs. 46.389 Cr | -14.24 % | + 14.43 % |
Expenses | Rs. 38.58 Cr | Rs. 51.2 Cr | Rs. 44.18 Cr | -13.71 % | + 14.52 % |
Operating Profit | Rs. 1.96 Cr | Rs. 2.89 Cr | Rs. 2.21 Cr | -23.53 % | + 12.76 % |
Net Profit | Rs. 1.72 Cr | Rs. 2.37 Cr | Rs. 1.73 Cr | -27 % | + 0.58 % |
EPS in Rs | Rs. 0.09 | Rs. 0.12 | Rs. 0.09 | -25 % | + 0 % |
In reviewing SWISS MILITARY CONSUMER GOODS LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 14.43 % year-on-year growth, although there was a slight dip of -14.24 % from the previous quarter. Expenses rose by 14.52 % compared to the previous year, with a decrease of -13.71 % quarter-on-quarter. Operating Profit surged by 12.76 % annually, and saw a -23.53 % decrease from the last quarter.
Net Profit showed yearly increase of 0.58 %, and experienced a -27 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 0 % annually, however dipped by -25 % compared to the last quarter. In essence, while SWISS MILITARY CONSUMER GOODS 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.
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