Steel Exchange India Ltd. : .Q4 .2024 .Quarterly Earnings: .YoY Sales Down 21.61 %, QoQ Up .21.78. %

The comprehensive analytics outlining the performance and outlook of Steel Exchange India Ltd.”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Today, we’re looking at Steel Exchange India Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -21.61 %. However, it did see a marginal increase of 21.78 % from the previous quarter. Expenses ticked up slightly by 19.57 % quarter-on-quarter, aligning with the annual decline of -23.29 %. Operating profit, while down -4.27 % compared to last year, faced a quarter-on-quarter increase of 43.86 %, 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 1.95 %, but an expansion of 1.65 % sequentially. Other income fell by -16.92 % compared to the last quarter, despite an annual growth of 28.57 %. Interest expenses surged remarkably by 0.99 % from the previous quarter, yet the year-over-year decrease remains at a moderate -53.63 %. Depreciation costs fell by -1.35 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -15.95 %. Profit before tax grew annually by 183.79 % but saw an increase from the preceding quarter by 4504.55 %.
Tax expenses as a percentage of profits increased slightly by 347.56 % compared to last year, with a more notable quarter-on-quarter increase of 94.84 %. Net profit rose by 146.35 % year-on-year but experienced a 9304.76 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 132.69 % but a quarterly fall of -96.01 %. In summary, Steel Exchange India Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Steel Exchange India Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -21.61 % year-on-year, however, there was a minor increase of 21.78 % from the previous quarter. Expenses decreased by -23.29 % compared to the previous year, with a 19.57 % increase quarter-on-quarter. Operating Profit dropped by -4.27 % annually, and saw a 43.86 % increase from the last quarter.
Net Profit showed yearly increase of 146.35 %, and experienced a 9304.76 % increase from the previous quarter. Earnings Per Share (EPS) rose by 132.69 % annually, however dipped by -96.01 % compared to the last quarter. In essence, while Steel Exchange India 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.