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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 11.71 % in the past year, substantial increase in net sales/revenue by 3.09 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -39.59 %, Marginal decrease of -6.56% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Sayaji Industries Limited. Notable increase of 277.76 % in net profit Year to Year, Sayaji Industries Limited’s profitability dropped by -63.31 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 272.36 % Year to Year. EPS decreased by -63.03 % 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. 244.654 Cr | Rs. 265.126 Cr | Rs. 273.307 Cr | + 3.09 % | + 11.71 % |
Expenses | Rs. 240.93 Cr | Rs. 270.22 Cr | Rs. 271.73 Cr | + 0.56 % | + 12.78 % |
Operating Profit | Rs. 3.72 Cr | Rs. -5.09 Cr | Rs. 1.58 Cr | + 131.04 % | -57.53 % |
OPM % | 1.52 % | -1.92 % | 0.58 % | + 2.5 % | -0.94 % |
Other Income | Rs. 1.061 Cr | Rs. 0.686 Cr | Rs. 0.641 Cr | -6.56 % | -39.59 % |
Interest | Rs. 3.28 Cr | Rs. 4.03 Cr | Rs. 4.26 Cr | + 5.71 % | + 29.88 % |
Depreciation | Rs. 3.83 Cr | Rs. 4.54 Cr | Rs. 4.65 Cr | + 2.42 % | + 21.41 % |
Profit before tax | Rs. -2.33 Cr | Rs. -12.97 Cr | Rs. -6.69 Cr | + 48.42 % | -187.12 % |
Tax % | -33.59 % | -29.84 % | -35.02 % | -5.18 % | -1.43 % |
Net Profit | Rs. -0.76 Cr | Rs. -7.83 Cr | Rs. -2.87 Cr | + 63.35 % | -277.63 % |
EPS in Rs | Rs. -1.23 | Rs. -12.39 | Rs. -4.58 | + 63.03 % | -272.36 % |
Today, we’re looking at Sayaji Industries 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 11.71 %. However, it did see a marginal increase of 3.09 % from the previous quarter. Expenses ticked up slightly by 0.56 % quarter-on-quarter, aligning with the annual rise of 12.78 %. Operating profit, while down -57.53 % compared to last year, faced a quarter-on-quarter increase of 131.04 %, 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 -0.94 %, but an expansion of 2.5 % sequentially. Other income fell by -6.56 % compared to the last quarter, despite an annual decline of -39.59 %. Interest expenses surged remarkably by 5.71 % from the previous quarter, yet the year-over-year increase remains at a moderate 29.88 %. Depreciation costs climbed by 2.42 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 21.41 %. Profit before tax declined annually by -187.12 % but saw an increase from the preceding quarter by 48.42 %.
Tax expenses as a percentage of profits decreased slightly by -1.43 % compared to last year, with a more notable quarter-on-quarter decrease of -5.18 %. Net profit fell by -277.63 % year-on-year but experienced a 63.35 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -272.36 % but a quarterly rise of 63.03 %. In summary, Sayaji Industries 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. 244.654 Cr | Rs. 265.126 Cr | Rs. 273.307 Cr | + 3.09 % | + 11.71 % |
Expenses | Rs. 240.93 Cr | Rs. 270.22 Cr | Rs. 271.73 Cr | + 0.56 % | + 12.78 % |
Operating Profit | Rs. 3.72 Cr | Rs. -5.09 Cr | Rs. 1.58 Cr | + 131.04 % | -57.53 % |
Net Profit | Rs. -0.76 Cr | Rs. -7.83 Cr | Rs. -2.87 Cr | + 63.35 % | -277.63 % |
EPS in Rs | Rs. -1.23 | Rs. -12.39 | Rs. -4.58 | + 63.03 % | -272.36 % |
In reviewing Sayaji Industries Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 11.71 % year-on-year growth, however, there was a minor increase of 3.09 % from the previous quarter. Expenses rose by 12.78 % compared to the previous year, with a 0.56 % increase quarter-on-quarter. Operating Profit dropped by -57.53 % annually, and saw a 131.04 % increase from the last quarter.
Net Profit showed yearly decrease of -277.63 %, and experienced a 63.35 % increase from the previous quarter. Earnings Per Share (EPS) fell by -272.36 % annually, however rose by 63.03 % compared to the last quarter. In essence, while Sayaji Industries Limited 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.
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