Share the post "Sharda Cropchem Limited : .Q4 .2024 .Quarterly Earnings: .YoY Sales Down 11.46 %, QoQ Up .107.45. %"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -11.46 % over the year, substantial increase in net sales/revenue by 107.45 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -128.41 %, Marginal decrease of -116.45% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Sharda Cropchem Limited. Profit dropped by -27.84 % Year to Year, Sharda Cropchem Limited’s profitability increased by 2990.35 % in this quarter.
- EPS over the Year and quarter: EPS declined by -27.86 % Year to Year. EPS increased by 3017.65 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1481.825 Cr | Rs. 632.462 Cr | Rs. 1312.05 Cr | + 107.45 % | -11.46 % |
Expenses | Rs. 1163.59 Cr | Rs. 562.98 Cr | Rs. 1057.23 Cr | + 87.79 % | -9.14 % |
Operating Profit | Rs. 318.24 Cr | Rs. 69.48 Cr | Rs. 254.82 Cr | + 266.75 % | -19.93 % |
OPM % | 21.48 % | 10.99 % | 19.42 % | + 8.43 % | -2.06 % |
Other Income | Rs. 7.04 Cr | Rs. 12.16 Cr | Rs. -2 Cr | -116.45 % | -128.41 % |
Interest | Rs. 2.48 Cr | Rs. 0.9 Cr | Rs. 0.15 Cr | -83.33 % | -93.95 % |
Depreciation | Rs. 67.66 Cr | Rs. 68.63 Cr | Rs. 54.26 Cr | -20.94 % | -19.8 % |
Profit before tax | Rs. 255.14 Cr | Rs. 12.11 Cr | Rs. 198.41 Cr | + 1538.4 % | -22.23 % |
Tax % | 22.06 % | 61.68 % | 27.68 % | -34 % | + 5.62 % |
Net Profit | Rs. 198.85 Cr | Rs. 4.64 Cr | Rs. 143.49 Cr | + 2992.46 % | -27.84 % |
EPS in Rs | Rs. 22.04 | Rs. 0.51 | Rs. 15.9 | + 3017.65 % | -27.86 % |
Today, we’re looking at Sharda Cropchem Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -11.46 %. However, it did see a marginal increase of 107.45 % from the previous quarter. Expenses ticked up slightly by 87.79 % quarter-on-quarter, aligning with the annual decline of -9.14 %. Operating profit, while down -19.93 % compared to last year, faced a quarter-on-quarter increase of 266.75 %, 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 -2.06 %, but an expansion of 8.43 % sequentially. Other income fell by -116.45 % compared to the last quarter, despite an annual decline of -128.41 %. Interest expenses dropped significantly by -83.33 % from the previous quarter, yet the year-over-year decrease remains at a moderate -93.95 %. Depreciation costs fell by -20.94 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -19.8 %. Profit before tax declined annually by -22.23 % but saw an increase from the preceding quarter by 1538.4 %.
Tax expenses as a percentage of profits increased slightly by 5.62 % compared to last year, with a more notable quarter-on-quarter decrease of -34 %. Net profit fell by -27.84 % year-on-year but experienced a 2992.46 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -27.86 % but a quarterly rise of 3017.65 %. In summary, Sharda Cropchem 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. 1481.825 Cr | Rs. 632.462 Cr | Rs. 1312.05 Cr | + 107.45 % | -11.46 % |
Expenses | Rs. 1163.59 Cr | Rs. 562.98 Cr | Rs. 1057.23 Cr | + 87.79 % | -9.14 % |
Operating Profit | Rs. 318.24 Cr | Rs. 69.48 Cr | Rs. 254.82 Cr | + 266.75 % | -19.93 % |
Net Profit | Rs. 198.85 Cr | Rs. 4.64 Cr | Rs. 143.49 Cr | + 2992.46 % | -27.84 % |
EPS in Rs | Rs. 22.04 | Rs. 0.51 | Rs. 15.9 | + 3017.65 % | -27.86 % |
In reviewing Sharda Cropchem Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -11.46 % year-on-year, however, there was a minor increase of 107.45 % from the previous quarter. Expenses decreased by -9.14 % compared to the previous year, with a 87.79 % increase quarter-on-quarter. Operating Profit dropped by -19.93 % annually, and saw a 266.75 % increase from the last quarter.
Net Profit showed yearly decrease of -27.84 %, and experienced a 2992.46 % increase from the previous quarter. Earnings Per Share (EPS) fell by -27.86 % annually, however rose by 3017.65 % compared to the last quarter. In essence, while Sharda Cropchem Limited 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.