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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 11.98 % in the past year, decrease in net sales/revenue by -52.28 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -51.54 %, Marginal decrease of -52.67% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Indian Sucrose Ltd.. Notable increase of 64.71 % in net profit Year to Year, Indian Sucrose Ltd.’s profitability dropped by -91.27 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 64.29 % Year to Year. EPS decreased by -91.28 % 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. 111.18 Cr | Rs. 260.87 Cr | Rs. 124.5 Cr | -52.28 % | + 11.98 % |
Expenses | Rs. 102.25 Cr | Rs. 211.99 Cr | Rs. 112.56 Cr | -46.9 % | + 10.08 % |
Operating Profit | Rs. 8.93 Cr | Rs. 48.88 Cr | Rs. 11.94 Cr | -75.57 % | + 33.71 % |
OPM % | 8.03 % | 18.74 % | 9.59 % | -9.15 % | + 1.56 % |
Other Income | Rs. 4.21 Cr | Rs. 4.31 Cr | Rs. 2.04 Cr | -52.67 % | -51.54 % |
Interest | Rs. 6.77 Cr | Rs. 7.08 Cr | Rs. 7.42 Cr | + 4.8 % | + 9.6 % |
Depreciation | Rs. 2.7 Cr | Rs. 2.96 Cr | Rs. 2.83 Cr | -4.39 % | + 4.81 % |
Profit before tax | Rs. 3.67 Cr | Rs. 43.15 Cr | Rs. 3.73 Cr | -91.36 % | + 1.63 % |
Tax % | 53.68 % | 25.63 % | 24.93 % | -0.7 % | -28.75 % |
Net Profit | Rs. 1.7 Cr | Rs. 32.09 Cr | Rs. 2.8 Cr | -91.27 % | + 64.71 % |
EPS in Rs | Rs. 0.98 | Rs. 18.47 | Rs. 1.61 | -91.28 % | + 64.29 % |
Today, we’re looking at Indian Sucrose Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 11.98 %. However, it did see a marginal slip of -52.28 % from the previous quarter. Expenses decreased slightly by -46.9 % quarter-on-quarter, aligning with the annual rise of 10.08 %. Operating profit, while up 33.71 % compared to last year, faced a quarter-on-quarter dip of -75.57 %, 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 1.56 %, but a shrinkage of -9.15 % sequentially. Other income fell by -52.67 % compared to the last quarter, despite an annual decline of -51.54 %. Interest expenses surged remarkably by 4.8 % from the previous quarter, yet the year-over-year increase remains at a moderate 9.6 %. Depreciation costs fell by -4.39 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 4.81 %. Profit before tax grew annually by 1.63 % but saw a reduction from the preceding quarter by -91.36 %.
Tax expenses as a percentage of profits decreased slightly by -28.75 % compared to last year, with a more notable quarter-on-quarter decrease of -0.7 %. Net profit rose by 64.71 % year-on-year but witnessed a -91.27 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 64.29 % but a quarterly fall of -91.28 %. In summary, Indian Sucrose 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. 111.18 Cr | Rs. 260.87 Cr | Rs. 124.5 Cr | -52.28 % | + 11.98 % |
Expenses | Rs. 102.25 Cr | Rs. 211.99 Cr | Rs. 112.56 Cr | -46.9 % | + 10.08 % |
Operating Profit | Rs. 8.93 Cr | Rs. 48.88 Cr | Rs. 11.94 Cr | -75.57 % | + 33.71 % |
Net Profit | Rs. 1.7 Cr | Rs. 32.09 Cr | Rs. 2.8 Cr | -91.27 % | + 64.71 % |
EPS in Rs | Rs. 0.98 | Rs. 18.47 | Rs. 1.61 | -91.28 % | + 64.29 % |
In reviewing Indian Sucrose Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 11.98 % year-on-year growth, although there was a slight dip of -52.28 % from the previous quarter. Expenses rose by 10.08 % compared to the previous year, with a decrease of -46.9 % quarter-on-quarter. Operating Profit surged by 33.71 % annually, and saw a -75.57 % decrease from the last quarter.
Net Profit showed yearly increase of 64.71 %, and experienced a -91.27 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 64.29 % annually, however dipped by -91.28 % compared to the last quarter. In essence, while Indian Sucrose Ltd. exhibits strong annual growth 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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