Share the post "Seshasayee Paper & Boards Ltd.,’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales decreased by 5.89 % in YoY and increased by 13.93 % in QoQ"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -5.89 % over the year, substantial increase in net sales/revenue by 13.93 %.
- 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 62.63 %. Marginal increase in other income during this quarter, up by 17.09%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Seshasayee Paper & Boards Ltd.,. Profit dropped by -51.7 % Year to Year, Seshasayee Paper & Boards Ltd.,’s profitability dropped by -17.6 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -51.69 % Year to Year. EPS decreased by -17.55 % 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. 573.17 Cr | Rs. 473.47 Cr | Rs. 539.43 Cr | + 13.93 % | -5.89 % |
Expenses | Rs. 416.33 Cr | Rs. 385.8 Cr | Rs. 471.69 Cr | + 22.26 % | + 13.3 % |
Operating Profit | Rs. 156.84 Cr | Rs. 87.67 Cr | Rs. 67.74 Cr | -22.73 % | -56.81 % |
OPM % | 27.36 % | 18.52 % | 12.56 % | -5.96 % | -14.8 % |
Other Income | Rs. 10.49 Cr | Rs. 14.57 Cr | Rs. 17.06 Cr | + 17.09 % | + 62.63 % |
Interest | Rs. 1.47 Cr | Rs. 0.5 Cr | Rs. 0.64 Cr | + 28 % | -56.46 % |
Depreciation | Rs. 10.26 Cr | Rs. 10.78 Cr | Rs. 10.6 Cr | -1.67 % | + 3.31 % |
Profit before tax | Rs. 155.6 Cr | Rs. 90.96 Cr | Rs. 73.56 Cr | -19.13 % | -52.72 % |
Tax % | 24.67 % | 25.05 % | 23.94 % | -1.11 % | -0.73 % |
Net Profit | Rs. 117.67 Cr | Rs. 68.98 Cr | Rs. 56.84 Cr | -17.6 % | -51.7 % |
EPS in Rs | Rs. 19.54 | Rs. 11.45 | Rs. 9.44 | -17.55 % | -51.69 % |
Today, we’re looking at Seshasayee Paper & Boards Ltd.,’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -5.89 %. However, it did see a marginal increase of 13.93 % from the previous quarter. Expenses ticked up slightly by 22.26 % quarter-on-quarter, aligning with the annual rise of 13.3 %. Operating profit, while down -56.81 % compared to last year, faced a quarter-on-quarter dip of -22.73 %, 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 -14.8 %, but a shrinkage of -5.96 % sequentially. Other income rose by 17.09 % compared to the last quarter, despite an annual growth of 62.63 %. Interest expenses surged remarkably by 28 % from the previous quarter, yet the year-over-year decrease remains at a moderate -56.46 %. Depreciation costs fell by -1.67 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.31 %. Profit before tax declined annually by -52.72 % but saw a reduction from the preceding quarter by -19.13 %.
Tax expenses as a percentage of profits decreased slightly by -0.73 % compared to last year, with a more notable quarter-on-quarter decrease of -1.11 %. Net profit fell by -51.7 % year-on-year but witnessed a -17.6 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -51.69 % but a quarterly fall of -17.55 %. In summary, Seshasayee Paper & Boards 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. 573.17 Cr | Rs. 473.47 Cr | Rs. 539.43 Cr | + 13.93 % | -5.89 % |
Expenses | Rs. 416.33 Cr | Rs. 385.8 Cr | Rs. 471.69 Cr | + 22.26 % | + 13.3 % |
Operating Profit | Rs. 156.84 Cr | Rs. 87.67 Cr | Rs. 67.74 Cr | -22.73 % | -56.81 % |
Net Profit | Rs. 117.67 Cr | Rs. 68.98 Cr | Rs. 56.84 Cr | -17.6 % | -51.7 % |
EPS in Rs | Rs. 19.54 | Rs. 11.45 | Rs. 9.44 | -17.55 % | -51.69 % |
In reviewing Seshasayee Paper & Boards Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -5.89 % year-on-year, however, there was a minor increase of 13.93 % from the previous quarter. Expenses rose by 13.3 % compared to the previous year, with a 22.26 % increase quarter-on-quarter. Operating Profit dropped by -56.81 % annually, and saw a -22.73 % decrease from the last quarter.
Net Profit showed yearly decrease of -51.7 %, and experienced a -17.6 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -51.69 % annually, however dipped by -17.55 % compared to the last quarter. In essence, while Seshasayee Paper & Boards Ltd., faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.