SUMITOMO CHEMICAL INDIA : Q4 2024 Financial Quarterly Report : YoY Sales Up 3.47 %, QoQ Up 24.39 %

The comprehensive analytics outlining the performance and outlook of SUMITOMO CHEMICAL INDIA LIMITED”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.

Today, we’re looking at SUMITOMO CHEMICAL INDIA LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 3.47 %. However, it did see a marginal increase of 24.39 % from the previous quarter. Expenses ticked up slightly by 12.14 % quarter-on-quarter, aligning with the annual decline of -6.48 %. Operating profit, while up 74.01 % compared to last year, faced a quarter-on-quarter increase of 112.97 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 8.43 %, but an expansion of 8.65 % sequentially. Other income fell by -0.6 % compared to the last quarter, despite an annual growth of 62.08 %. Interest expenses surged remarkably by 7.38 % from the previous quarter, yet the year-over-year decrease remains at a moderate -5.76 %. Depreciation costs climbed by 4.03 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 19.44 %. Profit before tax grew annually by 82.34 % but saw an increase from the preceding quarter by 97.49 %.
Tax expenses as a percentage of profits increased slightly by 14.52 % compared to last year, with a more notable quarter-on-quarter decrease of -1.22 %. Net profit rose by 52.36 % year-on-year but experienced a 100.8 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 51.72 % but a quarterly rise of 100 %. In summary, SUMITOMO CHEMICAL INDIA LIMITED’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing SUMITOMO CHEMICAL INDIA LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 3.47 % year-on-year growth, however, there was a minor increase of 24.39 % from the previous quarter. Expenses decreased by -6.48 % compared to the previous year, with a 12.14 % increase quarter-on-quarter. Operating Profit surged by 74.01 % annually, and saw a 112.97 % increase from the last quarter.
Net Profit showed yearly increase of 52.36 %, and experienced a 100.8 % increase from the previous quarter. Earnings Per Share (EPS) rose by 51.72 % annually, however rose by 100 % compared to the last quarter. In essence, while SUMITOMO CHEMICAL INDIA 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.