Sugal & Damani Share Brokers announced Financial Results Q1 2024-25

The comprehensive analytics outlining the performance and outlook of Sugal & Damani Share Brokers Ltd.‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Today, we’re looking at Sugal & Damani Share Brokers Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 1368.41 %. However, it did see a marginal increase of 269.41 % from the previous quarter. Expenses ticked up slightly by 260.9 % quarter-on-quarter, aligning with the annual rise of 1311.76 %. Operating profit, while up 1560 % compared to last year, faced a quarter-on-quarter increase of 295.24 %, 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 2.96 %, but an expansion of 1.68 % sequentially. Other income rose by 8.03 % compared to the last quarter, despite an annual decline of -52.71 %. Interest expenses dropped significantly by -41.67 % from the previous quarter, yet the year-over-year decrease remains at a moderate -41.67 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 192.31 % but saw an increase from the preceding quarter by 222.03 %.
Tax expenses as a percentage of profits increased slightly by 0.15 % compared to last year, with a more notable quarter-on-quarter increase of 12.02 %. Net profit rose by 188 % year-on-year but experienced a 176.92 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 191.14 % but a quarterly rise of 177.11 %. In summary, Sugal & Damani Share Brokers Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Sugal & Damani Share Brokers Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1368.41 % year-on-year growth, however, there was a minor increase of 269.41 % from the previous quarter. Expenses rose by 1311.76 % compared to the previous year, with a 260.9 % increase quarter-on-quarter. Operating Profit surged by 1560 % annually, and saw a 295.24 % increase from the last quarter.
Net Profit showed yearly increase of 188 %, and experienced a 176.92 % increase from the previous quarter. Earnings Per Share (EPS) rose by 191.14 % annually, however rose by 177.11 % compared to the last quarter. In essence, while Sugal & Damani Share Brokers Ltd. 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.