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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 26.94 % in the past year, substantial increase in net sales/revenue by 12.7 %.
- 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 42.58 %. Marginal decrease of -6.01% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Commercial Syn Bags Limited. Notable increase of 53.13 % in net profit Year to Year, Commercial Syn Bags Limited’s profitability increased by 85.89 % in this quarter.
- EPS over the Year and quarter: EPS increased by 55.17 % Year to Year. EPS increased by 87.5 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 68.264 Cr | Rs. 76.889 Cr | Rs. 86.652 Cr | + 12.7 % | + 26.94 % |
Expenses | Rs. 60.84 Cr | Rs. 70.01 Cr | Rs. 78.79 Cr | + 12.54 % | + 29.5 % |
Operating Profit | Rs. 7.42 Cr | Rs. 6.88 Cr | Rs. 7.86 Cr | + 14.24 % | + 5.93 % |
OPM % | 10.87 % | 8.95 % | 9.07 % | + 0.12 % | -1.8 % |
Other Income | Rs. 0.559 Cr | Rs. 0.848 Cr | Rs. 0.797 Cr | -6.01 % | + 42.58 % |
Interest | Rs. 2.05 Cr | Rs. 2.33 Cr | Rs. 2.1 Cr | -9.87 % | + 2.44 % |
Depreciation | Rs. 2.71 Cr | Rs. 3 Cr | Rs. 2.67 Cr | -11 % | -1.48 % |
Profit before tax | Rs. 3.22 Cr | Rs. 2.4 Cr | Rs. 3.89 Cr | + 62.08 % | + 20.81 % |
Tax % | 27.09 % | 19.31 % | 7.72 % | -11.59 % | -19.37 % |
Net Profit | Rs. 2.35 Cr | Rs. 1.94 Cr | Rs. 3.6 Cr | + 85.57 % | + 53.19 % |
EPS in Rs | Rs. 0.58 | Rs. 0.48 | Rs. 0.9 | + 87.5 % | + 55.17 % |
Today, we’re looking at Commercial Syn Bags 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 26.94 %. However, it did see a marginal increase of 12.7 % from the previous quarter. Expenses ticked up slightly by 12.54 % quarter-on-quarter, aligning with the annual rise of 29.5 %. Operating profit, while up 5.93 % compared to last year, faced a quarter-on-quarter increase of 14.24 %, 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 -1.8 %, but an expansion of 0.12 % sequentially. Other income fell by -6.01 % compared to the last quarter, despite an annual growth of 42.58 %. Interest expenses dropped significantly by -9.87 % from the previous quarter, yet the year-over-year increase remains at a moderate 2.44 %. Depreciation costs fell by -11 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -1.48 %. Profit before tax grew annually by 20.81 % but saw an increase from the preceding quarter by 62.08 %.
Tax expenses as a percentage of profits decreased slightly by -19.37 % compared to last year, with a more notable quarter-on-quarter decrease of -11.59 %. Net profit rose by 53.19 % year-on-year but experienced a 85.57 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 55.17 % but a quarterly rise of 87.5 %. In summary, Commercial Syn Bags 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. 68.264 Cr | Rs. 76.889 Cr | Rs. 86.652 Cr | + 12.7 % | + 26.94 % |
Expenses | Rs. 60.84 Cr | Rs. 70.01 Cr | Rs. 78.79 Cr | + 12.54 % | + 29.5 % |
Operating Profit | Rs. 7.42 Cr | Rs. 6.88 Cr | Rs. 7.86 Cr | + 14.24 % | + 5.93 % |
Net Profit | Rs. 2.35 Cr | Rs. 1.94 Cr | Rs. 3.6 Cr | + 85.57 % | + 53.19 % |
EPS in Rs | Rs. 0.58 | Rs. 0.48 | Rs. 0.9 | + 87.5 % | + 55.17 % |
In reviewing Commercial Syn Bags Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 26.94 % year-on-year growth, however, there was a minor increase of 12.7 % from the previous quarter. Expenses rose by 29.5 % compared to the previous year, with a 12.54 % increase quarter-on-quarter. Operating Profit surged by 5.93 % annually, and saw a 14.24 % increase from the last quarter.
Net Profit showed yearly increase of 53.19 %, and experienced a 85.57 % increase from the previous quarter. Earnings Per Share (EPS) rose by 55.17 % annually, however rose by 87.5 % compared to the last quarter. In essence, while Commercial Syn Bags 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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