Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 7.8 % in the past year, decrease in net sales/revenue by -2.38 %.
- 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 5.26 %. Marginal decrease of -26.44% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Sat Industries Ltd. Notable increase of 29.32 % in net profit Year to Year, Sat Industries Ltd’s profitability dropped by -2.31 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 29.59 % Year to Year. EPS decreased by -2.31 % 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. 107.068 Cr | Rs. 118.24 Cr | Rs. 115.423 Cr | -2.38 % | + 7.8 % |
Expenses | Rs. 96.2 Cr | Rs. 102.55 Cr | Rs. 98.62 Cr | -3.83 % | + 2.52 % |
Operating Profit | Rs. 10.87 Cr | Rs. 15.69 Cr | Rs. 16.8 Cr | + 7.07 % | + 54.55 % |
OPM % | 10.15 % | 13.27 % | 14.56 % | + 1.29 % | + 4.41 % |
Other Income | Rs. 7.03 Cr | Rs. 10.06 Cr | Rs. 7.4 Cr | -26.44 % | + 5.26 % |
Interest | Rs. 0.93 Cr | Rs. 2.18 Cr | Rs. 2.2 Cr | + 0.92 % | + 136.56 % |
Depreciation | Rs. 2.1 Cr | Rs. 2.32 Cr | Rs. 2.49 Cr | + 7.33 % | + 18.57 % |
Profit before tax | Rs. 14.87 Cr | Rs. 21.25 Cr | Rs. 19.51 Cr | -8.19 % | + 31.2 % |
Tax % | 25.24 % | 30.76 % | 26.34 % | -4.42 % | + 1.1 % |
Net Profit | Rs. 11.11 Cr | Rs. 14.71 Cr | Rs. 14.37 Cr | -2.31 % | + 29.34 % |
EPS in Rs | Rs. 0.98 | Rs. 1.3 | Rs. 1.27 | -2.31 % | + 29.59 % |
Today, we’re looking at Sat Industries Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 7.8 %. However, it did see a marginal slip of -2.38 % from the previous quarter. Expenses decreased slightly by -3.83 % quarter-on-quarter, aligning with the annual rise of 2.52 %. Operating profit, while up 54.55 % compared to last year, faced a quarter-on-quarter increase of 7.07 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 4.41 %, but an expansion of 1.29 % sequentially. Other income fell by -26.44 % compared to the last quarter, despite an annual growth of 5.26 %. Interest expenses surged remarkably by 0.92 % from the previous quarter, yet the year-over-year increase remains at a moderate 136.56 %. Depreciation costs climbed by 7.33 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 18.57 %. Profit before tax grew annually by 31.2 % but saw a reduction from the preceding quarter by -8.19 %.
Tax expenses as a percentage of profits increased slightly by 1.1 % compared to last year, with a more notable quarter-on-quarter decrease of -4.42 %. Net profit rose by 29.34 % year-on-year but witnessed a -2.31 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 29.59 % but a quarterly fall of -2.31 %. In summary, Sat Industries 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. 107.068 Cr | Rs. 118.24 Cr | Rs. 115.423 Cr | -2.38 % | + 7.8 % |
Expenses | Rs. 96.2 Cr | Rs. 102.55 Cr | Rs. 98.62 Cr | -3.83 % | + 2.52 % |
Operating Profit | Rs. 10.87 Cr | Rs. 15.69 Cr | Rs. 16.8 Cr | + 7.07 % | + 54.55 % |
Net Profit | Rs. 11.11 Cr | Rs. 14.71 Cr | Rs. 14.37 Cr | -2.31 % | + 29.34 % |
EPS in Rs | Rs. 0.98 | Rs. 1.3 | Rs. 1.27 | -2.31 % | + 29.59 % |
In reviewing Sat Industries Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7.8 % year-on-year growth, although there was a slight dip of -2.38 % from the previous quarter. Expenses rose by 2.52 % compared to the previous year, with a decrease of -3.83 % quarter-on-quarter. Operating Profit surged by 54.55 % annually, and saw a 7.07 % increase from the last quarter.
Net Profit showed yearly increase of 29.34 %, and experienced a -2.31 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 29.59 % annually, however dipped by -2.31 % compared to the last quarter. In essence, while Sat Industries Ltd exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.