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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 12.72 % in the past year, decrease in net sales/revenue by -5.09 %.
- 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 9.04 %. Marginal increase in other income during this quarter, up by 106.31%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Sapphire Foods India Limited. Profit dropped by -98.5 % Year to Year, Sapphire Foods India Limited’s profitability dropped by -79.26 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -98.22 % Year to Year. EPS decreased by -76.1 % 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. 560.409 Cr | Rs. 665.56 Cr | Rs. 631.695 Cr | -5.09 % | + 12.72 % |
Expenses | Rs. 462.27 Cr | Rs. 543.81 Cr | Rs. 528.74 Cr | -2.77 % | + 14.38 % |
Operating Profit | Rs. 98.14 Cr | Rs. 121.75 Cr | Rs. 102.96 Cr | -15.43 % | + 4.91 % |
OPM % | 17.51 % | 18.29 % | 16.3 % | -1.99 % | -1.21 % |
Other Income | Rs. 11.39 Cr | Rs. 6.02 Cr | Rs. 12.42 Cr | + 106.31 % | + 9.04 % |
Interest | Rs. 24.9 Cr | Rs. 26.33 Cr | Rs. 27.52 Cr | + 4.52 % | + 10.52 % |
Depreciation | Rs. 72.35 Cr | Rs. 87.39 Cr | Rs. 87.01 Cr | -0.43 % | + 20.26 % |
Profit before tax | Rs. 12.28 Cr | Rs. 14.05 Cr | Rs. 0.85 Cr | -93.95 % | -93.08 % |
Tax % | 1003.18 % | 30.01 % | 143.03 % | + 113.02 % | -860.15 % |
Net Profit | Rs. 135.48 Cr | Rs. 9.83 Cr | Rs. 2.04 Cr | -79.25 % | -98.49 % |
EPS in Rs | Rs. 21.34 | Rs. 1.59 | Rs. 0.38 | -76.1 % | -98.22 % |
Today, we’re looking at Sapphire Foods India Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 12.72 %. However, it did see a marginal slip of -5.09 % from the previous quarter. Expenses decreased slightly by -2.77 % quarter-on-quarter, aligning with the annual rise of 14.38 %. Operating profit, while up 4.91 % compared to last year, faced a quarter-on-quarter dip of -15.43 %, 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 -1.21 %, but a shrinkage of -1.99 % sequentially. Other income rose by 106.31 % compared to the last quarter, despite an annual growth of 9.04 %. Interest expenses surged remarkably by 4.52 % from the previous quarter, yet the year-over-year increase remains at a moderate 10.52 %. Depreciation costs fell by -0.43 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 20.26 %. Profit before tax declined annually by -93.08 % but saw a reduction from the preceding quarter by -93.95 %.
Tax expenses as a percentage of profits decreased slightly by -860.15 % compared to last year, with a more notable quarter-on-quarter increase of 113.02 %. Net profit fell by -98.49 % year-on-year but witnessed a -79.25 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -98.22 % but a quarterly fall of -76.1 %. In summary, Sapphire Foods India 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. 560.409 Cr | Rs. 665.56 Cr | Rs. 631.695 Cr | -5.09 % | + 12.72 % |
Expenses | Rs. 462.27 Cr | Rs. 543.81 Cr | Rs. 528.74 Cr | -2.77 % | + 14.38 % |
Operating Profit | Rs. 98.14 Cr | Rs. 121.75 Cr | Rs. 102.96 Cr | -15.43 % | + 4.91 % |
Net Profit | Rs. 135.48 Cr | Rs. 9.83 Cr | Rs. 2.04 Cr | -79.25 % | -98.49 % |
EPS in Rs | Rs. 21.34 | Rs. 1.59 | Rs. 0.38 | -76.1 % | -98.22 % |
In reviewing Sapphire Foods India Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 12.72 % year-on-year growth, although there was a slight dip of -5.09 % from the previous quarter. Expenses rose by 14.38 % compared to the previous year, with a decrease of -2.77 % quarter-on-quarter. Operating Profit surged by 4.91 % annually, and saw a -15.43 % decrease from the last quarter.
Net Profit showed yearly decrease of -98.49 %, and experienced a -79.25 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -98.22 % annually, however dipped by -76.1 % compared to the last quarter. In essence, while Sapphire Foods India Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.