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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 -85.65 % over the year, decrease in net sales/revenue by -58.96 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -56.62 %, Marginal increase in other income during this quarter, up by 7.27%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Shervani Industrial syndicate Ltd. Profit dropped by -99.25 % Year to Year, Shervani Industrial syndicate Ltd’s profitability dropped by -106.08 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -99.22 % Year to Year. EPS decreased by -106.01 % 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. 73.47 Cr | Rs. 25.68 Cr | Rs. 10.54 Cr | -58.96 % | -85.65 % |
Expenses | Rs. 53.31 Cr | Rs. 25.6 Cr | Rs. 10.48 Cr | -59.06 % | -80.34 % |
Operating Profit | Rs. 20.16 Cr | Rs. 0.08 Cr | Rs. 0.06 Cr | -25 % | -99.7 % |
OPM % | 27.44 % | 0.31 % | 0.57 % | + 0.26 % | -26.87 % |
Other Income | Rs. 1.36 Cr | Rs. 0.55 Cr | Rs. 0.59 Cr | + 7.27 % | -56.62 % |
Interest | Rs. 0.01 Cr | Rs. 0.09 Cr | Rs. 0.08 Cr | -11.11 % | + 700 % |
Depreciation | Rs. 0.24 Cr | Rs. 0.28 Cr | Rs. 0.41 Cr | + 46.43 % | + 70.83 % |
Profit before tax | Rs. 21.27 Cr | Rs. 0.26 Cr | Rs. 0.16 Cr | -38.46 % | -99.25 % |
Tax % | 0 % | 802.78 % | -0 % | -802.78 % | 0 % |
Net Profit | Rs. 21.27 Cr | Rs. -2.63 Cr | Rs. 0.16 Cr | + 106.08 % | -99.25 % |
EPS in Rs | Rs. 78.2 | Rs. -9.64 | Rs. 0.61 | + 106.33 % | -99.22 % |
Today, we’re looking at Shervani Industrial syndicate 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 -85.65 %. However, it did see a marginal slip of -58.96 % from the previous quarter. Expenses decreased slightly by -59.06 % quarter-on-quarter, aligning with the annual decline of -80.34 %. Operating profit, while down -99.7 % compared to last year, faced a quarter-on-quarter dip of -25 %, 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 -26.87 %, but an expansion of 0.26 % sequentially. Other income rose by 7.27 % compared to the last quarter, despite an annual decline of -56.62 %. Interest expenses dropped significantly by -11.11 % from the previous quarter, yet the year-over-year increase remains at a moderate 700 %. Depreciation costs climbed by 46.43 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 70.83 %. Profit before tax declined annually by -99.25 % but saw a reduction from the preceding quarter by -38.46 %.
with a more notable quarter-on-quarter decrease of -802.78 %. Net profit fell by -99.25 % year-on-year but experienced a 106.08 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -99.22 % but a quarterly rise of 106.33 %. In summary, Shervani Industrial syndicate 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. 73.47 Cr | Rs. 25.68 Cr | Rs. 10.54 Cr | -58.96 % | -85.65 % |
Expenses | Rs. 53.31 Cr | Rs. 25.6 Cr | Rs. 10.48 Cr | -59.06 % | -80.34 % |
Operating Profit | Rs. 20.16 Cr | Rs. 0.08 Cr | Rs. 0.06 Cr | -25 % | -99.7 % |
Net Profit | Rs. 21.27 Cr | Rs. -2.63 Cr | Rs. 0.16 Cr | + 106.08 % | -99.25 % |
EPS in Rs | Rs. 78.2 | Rs. -9.64 | Rs. 0.61 | + 106.33 % | -99.22 % |
In reviewing Shervani Industrial syndicate Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -85.65 % year-on-year, although there was a slight dip of -58.96 % from the previous quarter. Expenses decreased by -80.34 % compared to the previous year, with a decrease of -59.06 % quarter-on-quarter. Operating Profit dropped by -99.7 % annually, and saw a -25 % decrease from the last quarter.
Net Profit showed yearly decrease of -99.25 %, and experienced a 106.08 % increase from the previous quarter. Earnings Per Share (EPS) fell by -99.22 % annually, however rose by 106.33 % compared to the last quarter. In essence, while Shervani Industrial syndicate 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.