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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 15.66 % in the past year, substantial increase in net sales/revenue by 2.3 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -30.16 %, Marginal increase in other income during this quarter, up by 39.4%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Snowman Logistics Limited. Profit dropped by -79 % Year to Year, Snowman Logistics Limited’s profitability dropped by -65.64 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -83.33 % Year to Year. EPS decreased by -72.73 % 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. 124.02 Cr | Rs. 140.226 Cr | Rs. 143.447 Cr | + 2.3 % | + 15.66 % |
Expenses | Rs. 100.01 Cr | Rs. 116.79 Cr | Rs. 121.42 Cr | + 3.96 % | + 21.41 % |
Operating Profit | Rs. 24.01 Cr | Rs. 23.44 Cr | Rs. 22.03 Cr | -6.02 % | -8.25 % |
OPM % | 19.36 % | 16.72 % | 15.36 % | -1.36 % | -4 % |
Other Income | Rs. 1.535 Cr | Rs. 0.769 Cr | Rs. 1.072 Cr | + 39.4 % | -30.16 % |
Interest | Rs. 6.05 Cr | Rs. 5.98 Cr | Rs. 6.33 Cr | + 5.85 % | + 4.63 % |
Depreciation | Rs. 14.83 Cr | Rs. 15.71 Cr | Rs. 15.93 Cr | + 1.4 % | + 7.42 % |
Profit before tax | Rs. 4.67 Cr | Rs. 2.52 Cr | Rs. 0.84 Cr | -66.67 % | -82.01 % |
Tax % | 37.09 % | 28.86 % | 27.08 % | -1.78 % | -10.01 % |
Net Profit | Rs. 2.93 Cr | Rs. 1.79 Cr | Rs. 0.62 Cr | -65.36 % | -78.84 % |
EPS in Rs | Rs. 0.18 | Rs. 0.11 | Rs. 0.03 | -72.73 % | -83.33 % |
Today, we’re looking at Snowman Logistics 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 15.66 %. However, it did see a marginal increase of 2.3 % from the previous quarter. Expenses ticked up slightly by 3.96 % quarter-on-quarter, aligning with the annual rise of 21.41 %. Operating profit, while down -8.25 % compared to last year, faced a quarter-on-quarter dip of -6.02 %, 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 -4 %, but a shrinkage of -1.36 % sequentially. Other income rose by 39.4 % compared to the last quarter, despite an annual decline of -30.16 %. Interest expenses surged remarkably by 5.85 % from the previous quarter, yet the year-over-year increase remains at a moderate 4.63 %. Depreciation costs climbed by 1.4 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 7.42 %. Profit before tax declined annually by -82.01 % but saw a reduction from the preceding quarter by -66.67 %.
Tax expenses as a percentage of profits decreased slightly by -10.01 % compared to last year, with a more notable quarter-on-quarter decrease of -1.78 %. Net profit fell by -78.84 % year-on-year but witnessed a -65.36 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -83.33 % but a quarterly fall of -72.73 %. In summary, Snowman Logistics 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. 124.02 Cr | Rs. 140.226 Cr | Rs. 143.447 Cr | + 2.3 % | + 15.66 % |
Expenses | Rs. 100.01 Cr | Rs. 116.79 Cr | Rs. 121.42 Cr | + 3.96 % | + 21.41 % |
Operating Profit | Rs. 24.01 Cr | Rs. 23.44 Cr | Rs. 22.03 Cr | -6.02 % | -8.25 % |
Net Profit | Rs. 2.93 Cr | Rs. 1.79 Cr | Rs. 0.62 Cr | -65.36 % | -78.84 % |
EPS in Rs | Rs. 0.18 | Rs. 0.11 | Rs. 0.03 | -72.73 % | -83.33 % |
In reviewing Snowman Logistics Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 15.66 % year-on-year growth, however, there was a minor increase of 2.3 % from the previous quarter. Expenses rose by 21.41 % compared to the previous year, with a 3.96 % increase quarter-on-quarter. Operating Profit dropped by -8.25 % annually, and saw a -6.02 % decrease from the last quarter.
Net Profit showed yearly decrease of -78.84 %, and experienced a -65.36 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -83.33 % annually, however dipped by -72.73 % compared to the last quarter. In essence, while Snowman Logistics 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.
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