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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 4.52 % in the past year, decrease in net sales/revenue by -0.78 %.
- 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 78.49 %. Marginal increase in other income during this quarter, up by 151.54%.
- Profit over the Year and quarter: Significant improvement in profitability for Sundram Fasteners Limited. Notable increase of 8.11 % in net profit Year to Year, Sundram Fasteners Limited’s profitability increased by 0.81 % in this quarter.
- EPS over the Year and quarter: EPS increased by 7.96 % Year to Year. EPS increased by 0.44 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1421.82 Cr | Rs. 1497.67 Cr | Rs. 1486.04 Cr | -0.78 % | + 4.52 % |
Expenses | Rs. 1191.09 Cr | Rs. 1250.51 Cr | Rs. 1241.41 Cr | -0.73 % | + 4.22 % |
Operating Profit | Rs. 230.73 Cr | Rs. 247.16 Cr | Rs. 244.63 Cr | -1.02 % | + 6.02 % |
OPM % | 16.23 % | 16.5 % | 16.46 % | -0.04 % | + 0.23 % |
Other Income | Rs. 7.3 Cr | Rs. 5.18 Cr | Rs. 13.03 Cr | + 151.54 % | + 78.49 % |
Interest | Rs. 7.39 Cr | Rs. 6.93 Cr | Rs. 8.73 Cr | + 25.97 % | + 18.13 % |
Depreciation | Rs. 54.46 Cr | Rs. 53.8 Cr | Rs. 55.73 Cr | + 3.59 % | + 2.33 % |
Profit before tax | Rs. 176.18 Cr | Rs. 191.61 Cr | Rs. 193.2 Cr | + 0.83 % | + 9.66 % |
Tax % | 24.48 % | 25.53 % | 25.55 % | + 0.02 % | + 1.07 % |
Net Profit | Rs. 133.05 Cr | Rs. 142.69 Cr | Rs. 143.84 Cr | + 0.81 % | + 8.11 % |
EPS in Rs | Rs. 6.28 | Rs. 6.75 | Rs. 6.78 | + 0.44 % | + 7.96 % |
Today, we’re looking at Sundram Fasteners Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 4.52 %. However, it did see a marginal slip of -0.78 % from the previous quarter. Expenses decreased slightly by -0.73 % quarter-on-quarter, aligning with the annual rise of 4.22 %. Operating profit, while up 6.02 % compared to last year, faced a quarter-on-quarter dip of -1.02 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.23 %, but a shrinkage of -0.04 % sequentially. Other income rose by 151.54 % compared to the last quarter, despite an annual growth of 78.49 %. Interest expenses surged remarkably by 25.97 % from the previous quarter, yet the year-over-year increase remains at a moderate 18.13 %. Depreciation costs climbed by 3.59 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 2.33 %. Profit before tax grew annually by 9.66 % but saw an increase from the preceding quarter by 0.83 %.
Tax expenses as a percentage of profits increased slightly by 1.07 % compared to last year, with a more notable quarter-on-quarter increase of 0.02 %. Net profit rose by 8.11 % year-on-year but experienced a 0.81 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 7.96 % but a quarterly rise of 0.44 %. In summary, Sundram Fasteners 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. 1421.82 Cr | Rs. 1497.67 Cr | Rs. 1486.04 Cr | -0.78 % | + 4.52 % |
Expenses | Rs. 1191.09 Cr | Rs. 1250.51 Cr | Rs. 1241.41 Cr | -0.73 % | + 4.22 % |
Operating Profit | Rs. 230.73 Cr | Rs. 247.16 Cr | Rs. 244.63 Cr | -1.02 % | + 6.02 % |
Net Profit | Rs. 133.05 Cr | Rs. 142.69 Cr | Rs. 143.84 Cr | + 0.81 % | + 8.11 % |
EPS in Rs | Rs. 6.28 | Rs. 6.75 | Rs. 6.78 | + 0.44 % | + 7.96 % |
In reviewing Sundram Fasteners Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 4.52 % year-on-year growth, although there was a slight dip of -0.78 % from the previous quarter. Expenses rose by 4.22 % compared to the previous year, with a decrease of -0.73 % quarter-on-quarter. Operating Profit surged by 6.02 % annually, and saw a -1.02 % decrease from the last quarter.
Net Profit showed yearly increase of 8.11 %, and experienced a 0.81 % increase from the previous quarter. Earnings Per Share (EPS) rose by 7.96 % annually, however rose by 0.44 % compared to the last quarter. In essence, while Sundram Fasteners 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.
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