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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 0.45 % in the past year, decrease in net sales/revenue by -29.53 %.
- 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 99.06 %. Marginal decrease of -49.16% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Sar Auto Products Limited. Profit dropped by -3.57 % Year to Year, Sar Auto Products Limited’s profitability dropped by -595 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -4.62 % Year to Year. EPS decreased by -576.92 % 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. 3.78 Cr | Rs. 5.388 Cr | Rs. 3.797 Cr | -29.53 % | + 0.45 % |
| Expenses | Rs. 3.31 Cr | Rs. 5.06 Cr | Rs. 3.22 Cr | -36.36 % | -2.72 % |
| Operating Profit | Rs. 0.47 Cr | Rs. 0.33 Cr | Rs. 0.58 Cr | + 75.76 % | + 23.4 % |
| OPM % | 12.43 % | 6.12 % | 15.28 % | + 9.16 % | + 2.85 % |
| Other Income | Rs. 0.106 Cr | Rs. 0.415 Cr | Rs. 0.211 Cr | -49.16 % | + 99.06 % |
| Interest | Rs. 0.02 Cr | Rs. 0.05 Cr | Rs. 0.03 Cr | -40 % | + 50 % |
| Depreciation | Rs. 0.25 Cr | Rs. 0.4 Cr | Rs. 0.47 Cr | + 17.5 % | + 88 % |
| Profit before tax | Rs. 0.31 Cr | Rs. 0.3 Cr | Rs. 0.29 Cr | -3.33 % | -6.45 % |
| Tax % | 0 % | 120.55 % | 0 % | -120.55 % | 0 % |
| Net Profit | Rs. 0.31 Cr | Rs. -0.06 Cr | Rs. 0.3 Cr | + 600 % | -3.23 % |
| EPS in Rs | Rs. 0.65 | Rs. -0.13 | Rs. 0.62 | + 576.92 % | -4.62 % |
Today, we’re looking at Sar Auto Products 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 0.45 %. However, it did see a marginal slip of -29.53 % from the previous quarter. Expenses decreased slightly by -36.36 % quarter-on-quarter, aligning with the annual decline of -2.72 %. Operating profit, while up 23.4 % compared to last year, faced a quarter-on-quarter increase of 75.76 %, 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 2.85 %, but an expansion of 9.16 % sequentially. Other income fell by -49.16 % compared to the last quarter, despite an annual growth of 99.06 %. Interest expenses dropped significantly by -40 % from the previous quarter, yet the year-over-year increase remains at a moderate 50 %. Depreciation costs climbed by 17.5 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 88 %. Profit before tax declined annually by -6.45 % but saw a reduction from the preceding quarter by -3.33 %.
with a more notable quarter-on-quarter decrease of -120.55 %. Net profit fell by -3.23 % year-on-year but experienced a 600 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -4.62 % but a quarterly rise of 576.92 %. In summary, Sar Auto Products 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. 3.78 Cr | Rs. 5.388 Cr | Rs. 3.797 Cr | -29.53 % | + 0.45 % |
| Expenses | Rs. 3.31 Cr | Rs. 5.06 Cr | Rs. 3.22 Cr | -36.36 % | -2.72 % |
| Operating Profit | Rs. 0.47 Cr | Rs. 0.33 Cr | Rs. 0.58 Cr | + 75.76 % | + 23.4 % |
| Net Profit | Rs. 0.31 Cr | Rs. -0.06 Cr | Rs. 0.3 Cr | + 600 % | -3.23 % |
| EPS in Rs | Rs. 0.65 | Rs. -0.13 | Rs. 0.62 | + 576.92 % | -4.62 % |
In reviewing Sar Auto Products Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0.45 % year-on-year growth, although there was a slight dip of -29.53 % from the previous quarter. Expenses decreased by -2.72 % compared to the previous year, with a decrease of -36.36 % quarter-on-quarter. Operating Profit surged by 23.4 % annually, and saw a 75.76 % increase from the last quarter.
Net Profit showed yearly decrease of -3.23 %, and experienced a 600 % increase from the previous quarter. Earnings Per Share (EPS) fell by -4.62 % annually, however rose by 576.92 % compared to the last quarter. In essence, while Sar Auto Products Limited 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.
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