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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 40.31 % in the past year, substantial increase in net sales/revenue by 17.8 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -5.08 %, Marginal increase in other income during this quarter, up by 2.87%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Saregama India Ltd.. Profit dropped by -6.33 % Year to Year, Saregama India Ltd.’s profitability increased by 21.19 % in this quarter.
- EPS over the Year and quarter: EPS declined by -6.80 % Year to Year. EPS increased by 21.35 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 172.35 Cr | Rs. 205.28 Cr | Rs. 241.83 Cr | + 17.8 % | + 40.31 % |
Expenses | Rs. 111.48 Cr | Rs. 153.82 Cr | Rs. 180.99 Cr | + 17.66 % | + 62.35 % |
Operating Profit | Rs. 60.87 Cr | Rs. 51.46 Cr | Rs. 60.84 Cr | + 18.23 % | -0.05 % |
OPM % | 35.32 % | 25.07 % | 25.16 % | + 0.09 % | -10.16 % |
Other Income | Rs. 13.2 Cr | Rs. 12.18 Cr | Rs. 12.53 Cr | + 2.87 % | -5.08 % |
Interest | Rs. 0.22 Cr | Rs. 0.21 Cr | Rs. 0.43 Cr | + 104.76 % | + 95.45 % |
Depreciation | Rs. 8.25 Cr | Rs. 12.73 Cr | Rs. 13.64 Cr | + 7.15 % | + 65.33 % |
Profit before tax | Rs. 65.6 Cr | Rs. 50.7 Cr | Rs. 59.3 Cr | + 16.96 % | -9.6 % |
Tax % | 26.84 % | 26.84 % | 24.2 % | -2.64 % | -2.64 % |
Net Profit | Rs. 47.99 Cr | Rs. 37.09 Cr | Rs. 44.95 Cr | + 21.19 % | -6.33 % |
EPS in Rs | Rs. 2.5 | Rs. 1.92 | Rs. 2.33 | + 21.35 % | -6.8 % |
Today, we’re looking at Saregama India Ltd.’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 40.31 %. However, it did see a marginal increase of 17.8 % from the previous quarter. Expenses ticked up slightly by 17.66 % quarter-on-quarter, aligning with the annual rise of 62.35 %. Operating profit, while down -0.05 % compared to last year, faced a quarter-on-quarter increase of 18.23 %, 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 -10.16 %, but an expansion of 0.09 % sequentially. Other income rose by 2.87 % compared to the last quarter, despite an annual decline of -5.08 %. Interest expenses surged remarkably by 104.76 % from the previous quarter, yet the year-over-year increase remains at a moderate 95.45 %. Depreciation costs climbed by 7.15 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 65.33 %. Profit before tax declined annually by -9.6 % but saw an increase from the preceding quarter by 16.96 %.
Tax expenses as a percentage of profits decreased slightly by -2.64 % compared to last year, with a more notable quarter-on-quarter decrease of -2.64 %. Net profit fell by -6.33 % year-on-year but experienced a 21.19 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -6.8 % but a quarterly rise of 21.35 %. In summary, Saregama India 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. 172.35 Cr | Rs. 205.28 Cr | Rs. 241.83 Cr | + 17.8 % | + 40.31 % |
Expenses | Rs. 111.48 Cr | Rs. 153.82 Cr | Rs. 180.99 Cr | + 17.66 % | + 62.35 % |
Operating Profit | Rs. 60.87 Cr | Rs. 51.46 Cr | Rs. 60.84 Cr | + 18.23 % | -0.05 % |
Net Profit | Rs. 47.99 Cr | Rs. 37.09 Cr | Rs. 44.95 Cr | + 21.19 % | -6.33 % |
EPS in Rs | Rs. 2.5 | Rs. 1.92 | Rs. 2.33 | + 21.35 % | -6.8 % |
In reviewing Saregama India Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 40.31 % year-on-year growth, however, there was a minor increase of 17.8 % from the previous quarter. Expenses rose by 62.35 % compared to the previous year, with a 17.66 % increase quarter-on-quarter. Operating Profit dropped by -0.05 % annually, and saw a 18.23 % increase from the last quarter.
Net Profit showed yearly decrease of -6.33 %, and experienced a 21.19 % increase from the previous quarter. Earnings Per Share (EPS) fell by -6.8 % annually, however rose by 21.35 % compared to the last quarter. In essence, while Saregama India Ltd. 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.
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