Share the post "Supreme Industries Ltd.,’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Key Metrics and Growth Analysis"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 15.76% in the past year Substantial increase in net sales/revenue by 22.82%.
- Income over the Year and quarter: There has been decline in other income over the past year which is -2.88% Marginal increase in other income during this quarter, up by 41.54%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Supreme Industries Ltd.,. Profit dropped by -1.28% Year to YearSupreme Industries Ltd.,’s profitability increased by 38.51% in this quarter.
- EPS over the Year and quarter: EPS declined by -1.31% Year to Year.EPS increased by 38.47%. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 2598.3 Cr | Rs. 2449.1 Cr | Rs. 3007.89 Cr | + 22.82% | + 15.76% |
| Expenses | Rs. 2118.02 Cr | Rs. 2070.26 Cr | Rs. 2517.22 Cr | + 21.59% | + 18.85% |
| Operating Profit | Rs. 480.28 Cr | Rs. 378.84 Cr | Rs. 490.67 Cr | + 29.52% | + 2.16% |
| OPM % | 18.48 % | 15.47 % | 16.31 % | + 0.84% | -2.17% |
| Other Income | Rs. 60.52 Cr | Rs. 41.53 Cr | Rs. 58.78 Cr | + 41.54% | -2.88% |
| Interest | Rs. 4.04 Cr | Rs. 5.16 Cr | Rs. 7.72 Cr | + 49.61% | + 91.09% |
| Depreciation | Rs. 72.1 Cr | Rs. 77.24 Cr | Rs. 77.17 Cr | -0.09% | + 7.03% |
| Profit before tax | Rs. 464.66 Cr | Rs. 337.97 Cr | Rs. 464.56 Cr | + 37.46% | -0.02% |
| Tax % | 25.32 % | 25.79 % | 25.89 % | + 0.1% | + 0.57% |
| Net Profit | Rs. 359.43 Cr | Rs. 256.17 Cr | Rs. 354.82 Cr | + 38.51% | -1.28% |
| EPS in Rs | Rs. 28.3 | Rs. 20.17 | Rs. 27.93 | + 38.47% | -1.31% |
Today, we’re looking at Supreme Industries Ltd.,’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 15.76%. However, it did see a marginal increase of 22.82% from the previous quarter.Expenses ticked up slightly by 21.59% quarter-on-quarter, aligning with the annual rise of 18.85%. Operating profit, while up 2.16% compared to last year, faced a quarter-on-quarter increase of 29.52%, 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 -2.17%, but an expansion of 0.84% sequentially. Other income rose by 41.54% compared to the last quarter,despite an annual decline of -2.88%. Interest expenses surged remarkably by 49.61% from the previous quarter, yet the year-over-year increase remains at a moderate 91.09%. Depreciation costs fell by -0.09% quarter-on-quarter, whereas on an annual scale, they saw an increase of 7.03%. Profit before tax declined annually by -0.02%but saw an increase from the preceding quarter by 37.46%.
Tax expenses as a percentage of profits increased slightly by 0.57% compared to last year, with a more notable quarter-on-quarter increase of 0.1%. Net profit fell by -1.28% year-on-yearbut experienced a 38.51% expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -1.31% but a quarterly rise of 38.47%. In summary, Supreme Industries 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. 2598.3 Cr | Rs. 2449.1 Cr | Rs. 3007.89 Cr | + 22.82% | + 15.76% |
| Expenses | Rs. 2118.02 Cr | Rs. 2070.26 Cr | Rs. 2517.22 Cr | + 21.59% | + 18.85% |
| Operating Profit | Rs. 480.28 Cr | Rs. 378.84 Cr | Rs. 490.67 Cr | + 29.52% | + 2.16% |
| Net Profit | Rs. 359.43 Cr | Rs. 256.17 Cr | Rs. 354.82 Cr | + 38.51% | -1.28% |
| EPS in Rs | Rs. 28.3 | Rs. 20.17 | Rs. 27.93 | + 38.47% | -1.31% |
In reviewing Supreme Industries Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.62% year-on-year growth, however, there was a minor increase of 22.82% from the previous quarter. Expenses rose by 18.85% compared to the previous year, with a 21.59% increase quarter-on-quarter. Operating Profit surged by 2.16% annually, and saw a 29.52% increase from the last quarter.
Net Profit showed yearly decrease of -1.28%, and experienced a 38.51% increase from the previous quarter. Earnings Per Share (EPS) fell by -1.31% annually, however rose by 38.47% compared to the last quarter. In essence, while Supreme Industries 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.
7
3-Year Profit
19
5-Year Profit
14
10-Year Profit
5,267
Current Price
66,902
Market Cap
The company associated with BSE code 509930 presents a financial narrative of mixed fortunes. Over a five-year period, the company achieved a profit of 19 percents, which subsequently rose to 7 percents over the three years that followed. Yet, despite this initial growth, the company now faces a troubling trailing twelve-month (TTM) profit loss of 32 percents. What’s particularly striking is the company’s complete absence of reported sales across all analyzed periods, which brings into question the viability of its revenue generation strategies and long-term business sustainability. Moreover, stock prices have been highly volatile, reflecting the company’s uncertain future. While the stock was valued at 35 percents over the last five years, it has recently dropped to 37 percents, underscoring a rapid decline in market confidence. Over the longer ten-year period, the stock price was at 23 percents, illustrating a pattern of fluctuating performance that could pose risks for potential investors.
Currently valued at ₹66,902 crore, the company's stock price stands at ₹5,267. Over the years, it has seen significant fluctuations, with its price ranging from ₹6,482 / 3,601, a reflection of its sensitivity to market conditions and investor sentiment. The stock's Price-to-Earnings (P/E) ratio, currently at 59.3, suggests that it is highly valued in comparison to its earnings, possibly indicating strong future growth expectations or a high level of investor confidence. The book value per share is ₹402, which represents the net asset value of the company per share. The dividend yield of 0.57% provides some return to investors, though it may not be the primary attraction for those investing in the stock. The company's Return on Capital Employed (ROCE) is 28.6%, pointing to efficient use of its capital base to generate profits. The Return on Equity (ROE), at 21.7%, highlights the profitability for shareholders. The company's financial health is further underscored by its very low debt-to-equity ratio of 0.01, signaling conservative financial management. However, the net cash flow is negative at ₹441 crore, indicating possible liquidity concerns or heavy investment. The Piotroski score of 8.00 provides a snapshot of its financial stability, while the Graham Number, estimated at ₹896, offers an intrinsic value benchmark. With a Price-to-Book (P/B) ratio of 13.1, the stock seems to be trading at a premium relative to its book value, which could signal strong market expectations or overvaluation risks.
32
3-Year Profit
25
5-Year Profit
9
10-Year Profit
283
Current Price
3,055
Market Cap
The company associated with BSE code 540797 presents a financial narrative of mixed fortunes. Over a five-year period, the company achieved a profit of 25 percents, which subsequently rose to 32 percents over the three years that followed. Yet, despite this initial growth, the company now faces a troubling trailing twelve-month (TTM) profit loss of 26 percents. What’s particularly striking is the company’s complete absence of reported sales across all analyzed periods, which brings into question the viability of its revenue generation strategies and long-term business sustainability. Moreover, stock prices have been highly volatile, reflecting the company’s uncertain future. While the stock was valued at 26 percents over the last five years, it has recently dropped to 16 percents, underscoring a rapid decline in market confidence. Over the longer ten-year period, the stock price was at 0 percents, illustrating a pattern of fluctuating performance that could pose risks for potential investors.
Currently valued at ₹3,055 crore, the company's stock price stands at ₹283. Over the years, it has seen significant fluctuations, with its price ranging from ₹340 / 210, a reflection of its sensitivity to market conditions and investor sentiment. The stock's Price-to-Earnings (P/E) ratio, currently at 39.5, suggests that it is highly valued in comparison to its earnings, possibly indicating strong future growth expectations or a high level of investor confidence. The book value per share is ₹92.6, which represents the net asset value of the company per share. The dividend yield of 0.42% provides some return to investors, though it may not be the primary attraction for those investing in the stock. The company's Return on Capital Employed (ROCE) is 11.0%, pointing to efficient use of its capital base to generate profits. The Return on Equity (ROE), at 8.16%, highlights the profitability for shareholders. The company's financial health is further underscored by its very low debt-to-equity ratio of 0.38, signaling conservative financial management. However, the net cash flow is negative at ₹14.9 crore, indicating possible liquidity concerns or heavy investment. The Piotroski score of 5.00 provides a snapshot of its financial stability, while the Graham Number, estimated at ₹123, offers an intrinsic value benchmark. With a Price-to-Book (P/B) ratio of 3.05, the stock seems to be trading at a premium relative to its book value, which could signal strong market expectations or overvaluation risks.
