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Shri Jagdamba Polymers Reports Q2: Revenue Up by 46.4% Year-on-Year

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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 46.4 % in the past year, substantial increase in net sales/revenue by 3.12 %.
  • 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 74.82 %. Marginal increase in other income during this quarter, up by 47.64%.
  • Profit over the Year and quarter: Significant improvement in profitability for Shri Jagdamba Polymers Ltd. Notable increase of 11.4 % in net profit Year to Year, Shri Jagdamba Polymers Ltd’s profitability dropped by -7.52 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 11.39 % Year to Year. EPS decreased by -7.44 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Shri Jagdamba Polymers 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.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 85.739 Cr Rs. 121.721 Cr Rs. 125.52 Cr + 3.12 % + 46.4 %
Expenses Rs. 72.08 Cr Rs. 107.1 Cr Rs. 109.45 Cr + 2.19 % + 51.85 %
Operating Profit Rs. 13.66 Cr Rs. 14.62 Cr Rs. 16.07 Cr + 9.92 % + 17.64 %
OPM % 15.93 % 12.01 % 12.8 % + 0.79 % -3.13 %
Other Income Rs. 1.358 Cr Rs. 1.608 Cr Rs. 2.374 Cr + 47.64 % + 74.82 %
Interest Rs. 0.37 Cr Rs. 1.86 Cr Rs. 3.09 Cr + 66.13 % + 735.14 %
Depreciation Rs. 1.96 Cr Rs. 2.04 Cr Rs. 2 Cr -1.96 % + 2.04 %
Profit before tax Rs. 12.69 Cr Rs. 12.33 Cr Rs. 13.35 Cr + 8.27 % + 5.2 %
Tax % 37.63 % 22.74 % 33.98 % + 11.24 % -3.65 %
Net Profit Rs. 7.91 Cr Rs. 9.53 Cr Rs. 8.82 Cr -7.45 % + 11.5 %
EPS in Rs Rs. 9.04 Rs. 10.88 Rs. 10.07 -7.44 % + 11.39 %


Today, we’re looking at Shri Jagdamba Polymers 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 46.4 %. However, it did see a marginal increase of 3.12 % from the previous quarter. Expenses ticked up slightly by 2.19 % quarter-on-quarter, aligning with the annual rise of 51.85 %. Operating profit, while up 17.64 % compared to last year, faced a quarter-on-quarter increase of 9.92 %, 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 -3.13 %, but an expansion of 0.79 % sequentially. Other income rose by 47.64 % compared to the last quarter, despite an annual growth of 74.82 %. Interest expenses surged remarkably by 66.13 % from the previous quarter, yet the year-over-year increase remains at a moderate 735.14 %. Depreciation costs fell by -1.96 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 2.04 %. Profit before tax grew annually by 5.2 % but saw an increase from the preceding quarter by 8.27 %.
Tax expenses as a percentage of profits decreased slightly by -3.65 % compared to last year, with a more notable quarter-on-quarter increase of 11.24 %. Net profit rose by 11.5 % year-on-year but witnessed a -7.45 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 11.39 % but a quarterly fall of -7.44 %. In summary, Shri Jagdamba Polymers 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. 85.739 Cr Rs. 121.721 Cr Rs. 125.52 Cr + 3.12 % + 46.4 %
Expenses Rs. 72.08 Cr Rs. 107.1 Cr Rs. 109.45 Cr + 2.19 % + 51.85 %
Operating Profit Rs. 13.66 Cr Rs. 14.62 Cr Rs. 16.07 Cr + 9.92 % + 17.64 %
Net Profit Rs. 7.91 Cr Rs. 9.53 Cr Rs. 8.82 Cr -7.45 % + 11.5 %
EPS in Rs Rs. 9.04 Rs. 10.88 Rs. 10.07 -7.44 % + 11.39 %


In reviewing Shri Jagdamba Polymers Ltd’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 46.4 % year-on-year growth, however, there was a minor increase of 3.12 % from the previous quarter. Expenses rose by 51.85 % compared to the previous year, with a 2.19 % increase quarter-on-quarter. Operating Profit surged by 17.64 % annually, and saw a 9.92 % increase from the last quarter.
Net Profit showed yearly increase of 11.5 %, and experienced a -7.45 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 11.39 % annually, however dipped by -7.44 % compared to the last quarter. In essence, while Shri Jagdamba Polymers 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.

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