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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’s sales declined by -14.04 % over the year, decrease in net sales/revenue by -12.48 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -11.56 %, Marginal decrease of -72.52% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Sangal Papers Ltd.. Profit dropped by -26.97 % Year to Year, Sangal Papers Ltd.’s profitability dropped by -22.74 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -26.93 % Year to Year.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 49.571 Cr | Rs. 48.684 Cr | Rs. 42.609 Cr | -12.48 % | -14.04 % |
Expenses | Rs. 47.41 Cr | Rs. 46.75 Cr | Rs. 40.72 Cr | -12.9 % | -14.11 % |
Operating Profit | Rs. 2.16 Cr | Rs. 1.93 Cr | Rs. 1.89 Cr | -2.07 % | -12.5 % |
OPM % | 4.36 % | 3.96 % | 4.44 % | + 0.48 % | + 0.08 % |
Other Income | Rs. 0.147 Cr | Rs. 0.473 Cr | Rs. 0.13 Cr | -72.52 % | -11.56 % |
Interest | Rs. 0.6 Cr | Rs. 0.66 Cr | Rs. 0.62 Cr | -6.06 % | + 3.33 % |
Depreciation | Rs. 0.44 Cr | Rs. 0.39 Cr | Rs. 0.48 Cr | + 23.08 % | + 9.09 % |
Profit before tax | Rs. 1.27 Cr | Rs. 1.35 Cr | Rs. 0.92 Cr | -31.85 % | -27.56 % |
Tax % | 28.1 % | 36.43 % | 27.45 % | -8.98 % | -0.65 % |
Net Profit | Rs. 0.91 Cr | Rs. 0.86 Cr | Rs. 0.67 Cr | -22.09 % | -26.37 % |
EPS in Rs | Rs. 6.98 | Rs. 0 | Rs. 5.1 | 0 % | -26.93 % |
Today, we’re looking at Sangal Papers Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -14.04 %. However, it did see a marginal slip of -12.48 % from the previous quarter. Expenses decreased slightly by -12.9 % quarter-on-quarter, aligning with the annual decline of -14.11 %. Operating profit, while down -12.5 % compared to last year, faced a quarter-on-quarter dip of -2.07 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.08 %, but an expansion of 0.48 % sequentially. Other income fell by -72.52 % compared to the last quarter, despite an annual decline of -11.56 %. Interest expenses dropped significantly by -6.06 % from the previous quarter, yet the year-over-year increase remains at a moderate 3.33 %. Depreciation costs climbed by 23.08 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 9.09 %. Profit before tax declined annually by -27.56 % but saw a reduction from the preceding quarter by -31.85 %.
Tax expenses as a percentage of profits decreased slightly by -0.65 % compared to last year, with a more notable quarter-on-quarter decrease of -8.98 %. Net profit fell by -26.37 % year-on-year but witnessed a -22.09 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -26.93 % In summary, Sangal Papers 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. 49.571 Cr | Rs. 48.684 Cr | Rs. 42.609 Cr | -12.48 % | -14.04 % |
Expenses | Rs. 47.41 Cr | Rs. 46.75 Cr | Rs. 40.72 Cr | -12.9 % | -14.11 % |
Operating Profit | Rs. 2.16 Cr | Rs. 1.93 Cr | Rs. 1.89 Cr | -2.07 % | -12.5 % |
Net Profit | Rs. 0.91 Cr | Rs. 0.86 Cr | Rs. 0.67 Cr | -22.09 % | -26.37 % |
EPS in Rs | Rs. 6.98 | Rs. 0 | Rs. 5.1 | 0 % | -26.93 % |
In reviewing Sangal Papers Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -14.04 % year-on-year, although there was a slight dip of -12.48 % from the previous quarter. Expenses decreased by -14.11 % compared to the previous year, with a decrease of -12.9 % quarter-on-quarter. Operating Profit dropped by -12.5 % annually, and saw a -2.07 % decrease from the last quarter.
Net Profit showed yearly decrease of -26.37 %, and experienced a -22.09 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -26.93 % annually, In essence, while Sangal Papers 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.