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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 7.52 % in the past year, decrease in net sales/revenue by -15.55 %.
- 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 97.95 %. Marginal decrease of -18.88% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Shubham Polyspin Limited. Notable increase of 3.01 % in net profit Year to Year, Shubham Polyspin Limited’s profitability dropped by -22.97 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 0.00 % Year to Year. EPS decreased by -22.22 % 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. 10.495 Cr | Rs. 13.362 Cr | Rs. 11.284 Cr | -15.55 % | + 7.52 % |
Expenses | Rs. 10.1 Cr | Rs. 13.27 Cr | Rs. 11.12 Cr | -16.2 % | + 10.1 % |
Operating Profit | Rs. 0.4 Cr | Rs. 0.09 Cr | Rs. 0.16 Cr | + 77.78 % | -60 % |
OPM % | 3.81 % | 0.67 % | 1.42 % | + 0.75 % | -2.39 % |
Other Income | Rs. 0.293 Cr | Rs. 0.715 Cr | Rs. 0.58 Cr | -18.88 % | + 97.95 % |
Interest | Rs. 0.22 Cr | Rs. 0.21 Cr | Rs. 0.2 Cr | -4.76 % | -9.09 % |
Depreciation | Rs. 0.21 Cr | Rs. 0.3 Cr | Rs. 0.31 Cr | + 3.33 % | + 47.62 % |
Profit before tax | Rs. 0.26 Cr | Rs. 0.3 Cr | Rs. 0.23 Cr | -23.33 % | -11.54 % |
Tax % | 34.65 % | 25.25 % | 27.23 % | + 1.98 % | -7.42 % |
Net Profit | Rs. 0.17 Cr | Rs. 0.22 Cr | Rs. 0.17 Cr | -22.73 % | + 0 % |
EPS in Rs | Rs. 0.14 | Rs. 0.18 | Rs. 0.14 | -22.22 % | + 0 % |
Today, we’re looking at Shubham Polyspin 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 7.52 %. However, it did see a marginal slip of -15.55 % from the previous quarter. Expenses decreased slightly by -16.2 % quarter-on-quarter, aligning with the annual rise of 10.1 %. Operating profit, while down -60 % compared to last year, faced a quarter-on-quarter increase of 77.78 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -2.39 %, but an expansion of 0.75 % sequentially. Other income fell by -18.88 % compared to the last quarter, despite an annual growth of 97.95 %. Interest expenses dropped significantly by -4.76 % from the previous quarter, yet the year-over-year decrease remains at a moderate -9.09 %. Depreciation costs climbed by 3.33 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 47.62 %. Profit before tax declined annually by -11.54 % but saw a reduction from the preceding quarter by -23.33 %.
Tax expenses as a percentage of profits decreased slightly by -7.42 % compared to last year, with a more notable quarter-on-quarter increase of 1.98 %. Net profit rose by 0 % year-on-year but witnessed a -22.73 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 0 % but a quarterly fall of -22.22 %. In summary, Shubham Polyspin 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. 10.495 Cr | Rs. 13.362 Cr | Rs. 11.284 Cr | -15.55 % | + 7.52 % |
Expenses | Rs. 10.1 Cr | Rs. 13.27 Cr | Rs. 11.12 Cr | -16.2 % | + 10.1 % |
Operating Profit | Rs. 0.4 Cr | Rs. 0.09 Cr | Rs. 0.16 Cr | + 77.78 % | -60 % |
Net Profit | Rs. 0.17 Cr | Rs. 0.22 Cr | Rs. 0.17 Cr | -22.73 % | + 0 % |
EPS in Rs | Rs. 0.14 | Rs. 0.18 | Rs. 0.14 | -22.22 % | + 0 % |
In reviewing Shubham Polyspin Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7.52 % year-on-year growth, although there was a slight dip of -15.55 % from the previous quarter. Expenses rose by 10.1 % compared to the previous year, with a decrease of -16.2 % quarter-on-quarter. Operating Profit dropped by -60 % annually, and saw a 77.78 % increase from the last quarter.
Net Profit showed yearly increase of 0 %, and experienced a -22.73 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 0 % annually, however dipped by -22.22 % compared to the last quarter. In essence, while Shubham Polyspin 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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