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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 experienced a substantial growth of 183.44 % in the past year, decrease in net sales/revenue by -87.57 %.
- Profit over the Year and quarter: Significant improvement in profitability for STRATMONT INDUSTRIES LIMITED. Notable increase of 37.31 % in net profit Year to Year, STRATMONT INDUSTRIES LIMITED’s profitability increased by 197.5 % in this quarter.
- EPS over the Year and quarter: EPS declined by -82.43 % Year to Year. EPS decreased by -61.76 % 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. 1.914 Cr | Rs. 43.648 Cr | Rs. 5.425 Cr | -87.57 % | + 183.44 % |
| Expenses | Rs. 1.36 Cr | Rs. 43.31 Cr | Rs. 4.87 Cr | -88.76 % | + 258.09 % |
| Operating Profit | Rs. 0.55 Cr | Rs. 0.34 Cr | Rs. 0.56 Cr | + 64.71 % | + 1.82 % |
| OPM % | 28.74 % | 0.78 % | 10.32 % | + 9.54 % | -18.42 % |
| Other Income | Rs. 0.002 Cr | Rs. 0.208 Cr | Rs. 0 Cr | 0 % | 0 % |
| Interest | Rs. 0.13 Cr | Rs. 0.12 Cr | Rs. 0.09 Cr | -25 % | -30.77 % |
| Depreciation | Rs. 0.17 Cr | Rs. 0.14 Cr | Rs. 0.11 Cr | -21.43 % | -35.29 % |
| Profit before tax | Rs. 0.25 Cr | Rs. 0.29 Cr | Rs. 0.36 Cr | + 24.14 % | + 44 % |
| Tax % | 0 % | 58.19 % | 0 % | -58.19 % | 0 % |
| Net Profit | Rs. 0.26 Cr | Rs. 0.12 Cr | Rs. 0.36 Cr | + 200 % | + 38.46 % |
| EPS in Rs | Rs. 0.74 | Rs. 0.34 | Rs. 0.13 | -61.76 % | -82.43 % |
Today, we’re looking at STRATMONT INDUSTRIES LIMITED’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 183.44 %. However, it did see a marginal slip of -87.57 % from the previous quarter. Expenses decreased slightly by -88.76 % quarter-on-quarter, aligning with the annual rise of 258.09 %. Operating profit, while up 1.82 % compared to last year, faced a quarter-on-quarter increase of 64.71 %, 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 -18.42 %, but an expansion of 9.54 % sequentially. Interest expenses dropped significantly by -25 % from the previous quarter, yet the year-over-year decrease remains at a moderate -30.77 %. Depreciation costs fell by -21.43 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -35.29 %. Profit before tax grew annually by 44 % but saw an increase from the preceding quarter by 24.14 %.
with a more notable quarter-on-quarter decrease of -58.19 %. Net profit rose by 38.46 % year-on-year but experienced a 200 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -82.43 % but a quarterly fall of -61.76 %. In summary, STRATMONT INDUSTRIES LIMITED’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. 1.914 Cr | Rs. 43.648 Cr | Rs. 5.425 Cr | -87.57 % | + 183.44 % |
| Expenses | Rs. 1.36 Cr | Rs. 43.31 Cr | Rs. 4.87 Cr | -88.76 % | + 258.09 % |
| Operating Profit | Rs. 0.55 Cr | Rs. 0.34 Cr | Rs. 0.56 Cr | + 64.71 % | + 1.82 % |
| Net Profit | Rs. 0.26 Cr | Rs. 0.12 Cr | Rs. 0.36 Cr | + 200 % | + 38.46 % |
| EPS in Rs | Rs. 0.74 | Rs. 0.34 | Rs. 0.13 | -61.76 % | -82.43 % |
In reviewing STRATMONT INDUSTRIES LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 183.44 % year-on-year growth, although there was a slight dip of -87.57 % from the previous quarter. Expenses rose by 258.09 % compared to the previous year, with a decrease of -88.76 % quarter-on-quarter. Operating Profit surged by 1.82 % annually, and saw a 64.71 % increase from the last quarter.
Net Profit showed yearly increase of 38.46 %, and experienced a 200 % increase from the previous quarter. Earnings Per Share (EPS) fell by -82.43 % annually, however dipped by -61.76 % compared to the last quarter. In essence, while STRATMONT INDUSTRIES LIMITED 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.
