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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 -58.4 % over the year, decrease in net sales/revenue by -10.41 %.
- 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 48 %. Marginal increase in other income during this quarter, up by 42.41%.
- Profit over the Year and quarter: Challenges in sustaining profitability for SPEL Semiconductor Ltd.. Profit dropped by -11.32 % Year to Year, SPEL Semiconductor Ltd.’s profitability dropped by -24.76 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -11.36 % Year to Year. EPS decreased by -24.27 % 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. 5.132 Cr | Rs. 2.383 Cr | Rs. 2.135 Cr | -10.41 % | -58.4 % |
Expenses | Rs. 5.25 Cr | Rs. 2.77 Cr | Rs. 3.02 Cr | + 9.03 % | -42.48 % |
Operating Profit | Rs. -0.12 Cr | Rs. -0.39 Cr | Rs. -0.89 Cr | -128.21 % | -641.67 % |
OPM % | -2.34 % | -16.37 % | -41.69 % | -25.32 % | -39.35 % |
Other Income | Rs. -2.546 Cr | Rs. -2.299 Cr | Rs. -1.324 Cr | + 42.41 % | + 48 % |
Interest | Rs. 0.67 Cr | Rs. 0.68 Cr | Rs. 0.71 Cr | + 4.41 % | + 5.97 % |
Depreciation | Rs. 0.71 Cr | Rs. 0.73 Cr | Rs. 0.67 Cr | -8.22 % | -5.63 % |
Profit before tax | Rs. -4.05 Cr | Rs. -4.1 Cr | Rs. -3.59 Cr | + 12.44 % | + 11.36 % |
Tax % | -0.39 % | -16.28 % | -0.33 % | + 15.95 % | + 0.06 % |
Net Profit | Rs. -4.04 Cr | Rs. -4.76 Cr | Rs. -3.58 Cr | + 24.79 % | + 11.39 % |
EPS in Rs | Rs. -0.88 | Rs. -1.03 | Rs. -0.78 | + 24.27 % | + 11.36 % |
Today, we’re looking at SPEL Semiconductor 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 -58.4 %. However, it did see a marginal slip of -10.41 % from the previous quarter. Expenses ticked up slightly by 9.03 % quarter-on-quarter, aligning with the annual decline of -42.48 %. Operating profit, while down -641.67 % compared to last year, faced a quarter-on-quarter dip of -128.21 %, 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 -39.35 %, but a shrinkage of -25.32 % sequentially. Other income rose by 42.41 % compared to the last quarter, despite an annual growth of 48 %. Interest expenses surged remarkably by 4.41 % from the previous quarter, yet the year-over-year increase remains at a moderate 5.97 %. Depreciation costs fell by -8.22 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -5.63 %. Profit before tax grew annually by 11.36 % but saw an increase from the preceding quarter by 12.44 %.
Tax expenses as a percentage of profits increased slightly by 0.06 % compared to last year, with a more notable quarter-on-quarter increase of 15.95 %. Net profit rose by 11.39 % year-on-year but experienced a 24.79 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 11.36 % but a quarterly rise of 24.27 %. In summary, SPEL Semiconductor 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. 5.132 Cr | Rs. 2.383 Cr | Rs. 2.135 Cr | -10.41 % | -58.4 % |
Expenses | Rs. 5.25 Cr | Rs. 2.77 Cr | Rs. 3.02 Cr | + 9.03 % | -42.48 % |
Operating Profit | Rs. -0.12 Cr | Rs. -0.39 Cr | Rs. -0.89 Cr | -128.21 % | -641.67 % |
Net Profit | Rs. -4.04 Cr | Rs. -4.76 Cr | Rs. -3.58 Cr | + 24.79 % | + 11.39 % |
EPS in Rs | Rs. -0.88 | Rs. -1.03 | Rs. -0.78 | + 24.27 % | + 11.36 % |
In reviewing SPEL Semiconductor Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -58.4 % year-on-year, although there was a slight dip of -10.41 % from the previous quarter. Expenses decreased by -42.48 % compared to the previous year, with a 9.03 % increase quarter-on-quarter. Operating Profit dropped by -641.67 % annually, and saw a -128.21 % decrease from the last quarter.
Net Profit showed yearly increase of 11.39 %, and experienced a 24.79 % increase from the previous quarter. Earnings Per Share (EPS) rose by 11.36 % annually, however rose by 24.27 % compared to the last quarter. In essence, while SPEL Semiconductor Ltd. 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.