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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 -2.65 % over the year, substantial increase in net sales/revenue by 36.28 %.
- Profit over the Year and quarter: Significant improvement in profitability for Santosh Fine-Fab Ltd.. Notable increase of 107.95 % in net profit Year to Year, Santosh Fine-Fab Ltd.’s profitability dropped by -69.95 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 108.00 % Year to Year. EPS decreased by -70.45 % 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. 3.473 Cr | Rs. 2.481 Cr | Rs. 3.381 Cr | + 36.28 % | -2.65 % |
| Expenses | Rs. 3.4 Cr | Rs. 3.04 Cr | Rs. 3.46 Cr | + 13.82 % | + 1.76 % |
| Operating Profit | Rs. 0.07 Cr | Rs. -0.56 Cr | Rs. -0.08 Cr | + 85.71 % | -214.29 % |
| OPM % | 2.02 % | -22.57 % | -2.37 % | + 20.2 % | -4.39 % |
| Other Income | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Interest | Rs. 0.14 Cr | Rs. 0.16 Cr | Rs. 0.12 Cr | -25 % | -14.29 % |
| Depreciation | Rs. 0.05 Cr | Rs. 0.05 Cr | Rs. 0.05 Cr | + 0 % | + 0 % |
| Profit before tax | Rs. -0.12 Cr | Rs. -0.77 Cr | Rs. -0.25 Cr | + 67.53 % | -108.33 % |
| Tax % | -26.05 % | -21.42 % | -26.21 % | -4.79 % | -0.16 % |
| Net Profit | Rs. -0.09 Cr | Rs. -0.61 Cr | Rs. -0.18 Cr | + 70.49 % | -100 % |
| EPS in Rs | Rs. -0.25 | Rs. -1.76 | Rs. -0.52 | + 70.45 % | -108 % |
Today, we’re looking at Santosh Fine-Fab 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 -2.65 %. However, it did see a marginal increase of 36.28 % from the previous quarter. Expenses ticked up slightly by 13.82 % quarter-on-quarter, aligning with the annual rise of 1.76 %. Operating profit, while down -214.29 % compared to last year, faced a quarter-on-quarter increase of 85.71 %, 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 -4.39 %, but an expansion of 20.2 % sequentially. Interest expenses dropped significantly by -25 % from the previous quarter, yet the year-over-year decrease remains at a moderate -14.29 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -108.33 % but saw an increase from the preceding quarter by 67.53 %.
Tax expenses as a percentage of profits decreased slightly by -0.16 % compared to last year, with a more notable quarter-on-quarter decrease of -4.79 %. Net profit fell by -100 % year-on-year but experienced a 70.49 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -108 % but a quarterly rise of 70.45 %. In summary, Santosh Fine-Fab 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. 3.473 Cr | Rs. 2.481 Cr | Rs. 3.381 Cr | + 36.28 % | -2.65 % |
| Expenses | Rs. 3.4 Cr | Rs. 3.04 Cr | Rs. 3.46 Cr | + 13.82 % | + 1.76 % |
| Operating Profit | Rs. 0.07 Cr | Rs. -0.56 Cr | Rs. -0.08 Cr | + 85.71 % | -214.29 % |
| Net Profit | Rs. -0.09 Cr | Rs. -0.61 Cr | Rs. -0.18 Cr | + 70.49 % | -100 % |
| EPS in Rs | Rs. -0.25 | Rs. -1.76 | Rs. -0.52 | + 70.45 % | -108 % |
In reviewing Santosh Fine-Fab Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -2.65 % year-on-year, however, there was a minor increase of 36.28 % from the previous quarter. Expenses rose by 1.76 % compared to the previous year, with a 13.82 % increase quarter-on-quarter. Operating Profit dropped by -214.29 % annually, and saw a 85.71 % increase from the last quarter.
Net Profit showed yearly decrease of -100 %, and experienced a 70.49 % increase from the previous quarter. Earnings Per Share (EPS) fell by -108 % annually, however rose by 70.45 % compared to the last quarter. In essence, while Santosh Fine-Fab 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.
54
3-Year Profit
42
5-Year Profit
51
10-Year Profit
176
Current Price
4,272
Market Cap
In analyzing the financial results for the company marked by BSE code 532406, a clear trend emerges. Over a five-year span, the company reported a profit of 42 percents, which increased to 54 percents in the most recent three-year period, suggesting a strong performance in the early stages of this timeframe. However, this success has been overshadowed by a trailing twelve-month (TTM) loss of 42 percents, signaling significant recent challenges. Compounding this issue is the fact that the company has not reported any sales during any of the timeframes analyzed, raising important questions about its operational model and the sustainability of its current strategies. Investors have been equally wary, as reflected in the stock price performance. The company’s stock traded at 113 percents over the past five years but has recently decreased to 63 percents, indicating a loss of market confidence. Over the last decade, the stock price was at 55 percents, pointing to longer-term concerns that could affect the company's future prospects.
Currently valued at ₹4,272 crore, the company's stock price stands at ₹176. Over the years, it has seen significant fluctuations, with its price ranging from ₹224 / 86.0, a reflection of its sensitivity to market conditions and investor sentiment. The stock's Price-to-Earnings (P/E) ratio, currently at 72.7, 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 ₹8.09, which represents the net asset value of the company per share. The dividend yield of 0.11% 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 47.4%, pointing to efficient use of its capital base to generate profits. The Return on Equity (ROE), at 38.7%, highlights the profitability for shareholders. The company's financial health is further underscored by its very low debt-to-equity ratio of 0.09, signaling conservative financial management. However, the net cash flow is negative at ₹0.86 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 ₹21.0, offers an intrinsic value benchmark. With a Price-to-Book (P/B) ratio of 21.7, the stock seems to be trading at a premium relative to its book value, which could signal strong market expectations or overvaluation risks.
