Highlights
- Sales over the Year and quarter: The company’s sales declined by -6.36 % over the year, substantial increase in net sales/revenue by 2.94 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -17.07 %, Marginal increase in other income during this quarter, up by 240%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Shetron Ltd.. Profit dropped by -5.88 % Year to Year, Shetron Ltd.’s profitability dropped by -36.36 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -2.36 % Year to Year. EPS decreased by -36.73 % 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. 55.02 Cr | Rs. 50.05 Cr | Rs. 51.52 Cr | + 2.94 % | -6.36 % |
Expenses | Rs. 50.09 Cr | Rs. 43.96 Cr | Rs. 46.82 Cr | + 6.51 % | -6.53 % |
Operating Profit | Rs. 4.93 Cr | Rs. 6.09 Cr | Rs. 4.7 Cr | -22.82 % | -4.67 % |
OPM % | 8.96 % | 12.17 % | 9.12 % | -3.05 % | + 0.16 % |
Other Income | Rs. 0.41 Cr | Rs. 0.1 Cr | Rs. 0.34 Cr | + 240 % | -17.07 % |
Interest | Rs. 2.2 Cr | Rs. 2.13 Cr | Rs. 1.77 Cr | -16.9 % | -19.55 % |
Depreciation | Rs. 1.35 Cr | Rs. 1.55 Cr | Rs. 1.65 Cr | + 6.45 % | + 22.22 % |
Profit before tax | Rs. 1.79 Cr | Rs. 2.51 Cr | Rs. 1.62 Cr | -35.46 % | -9.5 % |
Tax % | 33.52 % | 29.88 % | 30.86 % | + 0.98 % | -2.66 % |
Net Profit | Rs. 1.19 Cr | Rs. 1.76 Cr | Rs. 1.12 Cr | -36.36 % | -5.88 % |
EPS in Rs | Rs. 1.27 | Rs. 1.96 | Rs. 1.24 | -36.73 % | -2.36 % |
Today, we’re looking at Shetron Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -6.36 %. However, it did see a marginal increase of 2.94 % from the previous quarter. Expenses ticked up slightly by 6.51 % quarter-on-quarter, aligning with the annual decline of -6.53 %. Operating profit, while down -4.67 % compared to last year, faced a quarter-on-quarter dip of -22.82 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.16 %, but a shrinkage of -3.05 % sequentially. Other income rose by 240 % compared to the last quarter, despite an annual decline of -17.07 %. Interest expenses dropped significantly by -16.9 % from the previous quarter, yet the year-over-year decrease remains at a moderate -19.55 %. Depreciation costs climbed by 6.45 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 22.22 %. Profit before tax declined annually by -9.5 % but saw a reduction from the preceding quarter by -35.46 %.
Tax expenses as a percentage of profits decreased slightly by -2.66 % compared to last year, with a more notable quarter-on-quarter increase of 0.98 %. Net profit fell by -5.88 % year-on-year but witnessed a -36.36 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -2.36 % but a quarterly fall of -36.73 %. In summary, Shetron 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. 55.02 Cr | Rs. 50.05 Cr | Rs. 51.52 Cr | + 2.94 % | -6.36 % |
Expenses | Rs. 50.09 Cr | Rs. 43.96 Cr | Rs. 46.82 Cr | + 6.51 % | -6.53 % |
Operating Profit | Rs. 4.93 Cr | Rs. 6.09 Cr | Rs. 4.7 Cr | -22.82 % | -4.67 % |
Net Profit | Rs. 1.19 Cr | Rs. 1.76 Cr | Rs. 1.12 Cr | -36.36 % | -5.88 % |
EPS in Rs | Rs. 1.27 | Rs. 1.96 | Rs. 1.24 | -36.73 % | -2.36 % |
In reviewing Shetron Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -6.36 % year-on-year, however, there was a minor increase of 2.94 % from the previous quarter. Expenses decreased by -6.53 % compared to the previous year, with a 6.51 % increase quarter-on-quarter. Operating Profit dropped by -4.67 % annually, and saw a -22.82 % decrease from the last quarter.
Net Profit showed yearly decrease of -5.88 %, and experienced a -36.36 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -2.36 % annually, however dipped by -36.73 % compared to the last quarter. In essence, while Shetron Ltd. 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.