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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 -57.71 % over the year, decrease in net sales/revenue by -36.38 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -21.85 %, Marginal decrease of -83.1% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Sadbhav Engineering Ltd.. Notable increase of 88.51 % in net profit Year to Year, Sadbhav Engineering Ltd.’s profitability dropped by -89.33 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 246.67 % Year to Year. EPS decreased by -86.42 % 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. 711.162 Cr | Rs. 472.699 Cr | Rs. 300.741 Cr | -36.38 % | -57.71 % |
Expenses | Rs. 558.23 Cr | Rs. 707.1 Cr | Rs. 201.72 Cr | -71.47 % | -63.86 % |
Operating Profit | Rs. 152.93 Cr | Rs. -234.4 Cr | Rs. 99.02 Cr | + 142.24 % | -35.25 % |
OPM % | 21.5 % | -49.59 % | 32.93 % | + 82.52 % | + 11.43 % |
Other Income | Rs. 18.858 Cr | Rs. 87.182 Cr | Rs. 14.738 Cr | -83.1 % | -21.85 % |
Interest | Rs. 142.78 Cr | Rs. 126.33 Cr | Rs. 107.93 Cr | -14.57 % | -24.41 % |
Depreciation | Rs. 32.78 Cr | Rs. 31.05 Cr | Rs. 32.02 Cr | + 3.12 % | -2.32 % |
Profit before tax | Rs. -3.77 Cr | Rs. -304.6 Cr | Rs. -26.19 Cr | + 91.4 % | -594.69 % |
Tax % | -333.2 % | -5.37 % | -17.4 % | -12.03 % | + 315.8 % |
Net Profit | Rs. -16.31 Cr | Rs. -288.23 Cr | Rs. -30.74 Cr | + 89.33 % | -88.47 % |
EPS in Rs | Rs. -0.6 | Rs. -15.32 | Rs. -2.08 | + 86.42 % | -246.67 % |
Today, we’re looking at Sadbhav Engineering 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 -57.71 %. However, it did see a marginal slip of -36.38 % from the previous quarter. Expenses decreased slightly by -71.47 % quarter-on-quarter, aligning with the annual decline of -63.86 %. Operating profit, while down -35.25 % compared to last year, faced a quarter-on-quarter increase of 142.24 %, 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 11.43 %, but an expansion of 82.52 % sequentially. Other income fell by -83.1 % compared to the last quarter, despite an annual decline of -21.85 %. Interest expenses dropped significantly by -14.57 % from the previous quarter, yet the year-over-year decrease remains at a moderate -24.41 %. Depreciation costs climbed by 3.12 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -2.32 %. Profit before tax declined annually by -594.69 % but saw an increase from the preceding quarter by 91.4 %.
Tax expenses as a percentage of profits increased slightly by 315.8 % compared to last year, with a more notable quarter-on-quarter decrease of -12.03 %. Net profit fell by -88.47 % year-on-year but experienced a 89.33 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -246.67 % but a quarterly rise of 86.42 %. In summary, Sadbhav Engineering 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. 711.162 Cr | Rs. 472.699 Cr | Rs. 300.741 Cr | -36.38 % | -57.71 % |
Expenses | Rs. 558.23 Cr | Rs. 707.1 Cr | Rs. 201.72 Cr | -71.47 % | -63.86 % |
Operating Profit | Rs. 152.93 Cr | Rs. -234.4 Cr | Rs. 99.02 Cr | + 142.24 % | -35.25 % |
Net Profit | Rs. -16.31 Cr | Rs. -288.23 Cr | Rs. -30.74 Cr | + 89.33 % | -88.47 % |
EPS in Rs | Rs. -0.6 | Rs. -15.32 | Rs. -2.08 | + 86.42 % | -246.67 % |
In reviewing Sadbhav Engineering Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -57.71 % year-on-year, although there was a slight dip of -36.38 % from the previous quarter. Expenses decreased by -63.86 % compared to the previous year, with a decrease of -71.47 % quarter-on-quarter. Operating Profit dropped by -35.25 % annually, and saw a 142.24 % increase from the last quarter.
Net Profit showed yearly decrease of -88.47 %, and experienced a 89.33 % increase from the previous quarter. Earnings Per Share (EPS) fell by -246.67 % annually, however rose by 86.42 % compared to the last quarter. In essence, while Sadbhav Engineering Ltd. faces strong annual decline 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.