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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 0.84 % in the past year, decrease in net sales/revenue by -0.6 %.
- 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 70.35 %. Marginal increase in other income during this quarter, up by 213.63%.
- Profit over the Year and quarter: Significant improvement in profitability for IST Limited. Notable increase of 42.82 % in net profit Year to Year, IST Limited’s profitability increased by 114.2 % in this quarter.
- EPS over the Year and quarter: EPS increased by 42.83 % Year to Year. EPS increased by 114.21 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 28.541 Cr | Rs. 28.954 Cr | Rs. 28.78 Cr | -0.6 % | + 0.84 % |
| Expenses | Rs. 5.83 Cr | Rs. 8.51 Cr | Rs. 5.85 Cr | -31.26 % | + 0.34 % |
| Operating Profit | Rs. 22.71 Cr | Rs. 20.44 Cr | Rs. 22.93 Cr | + 12.18 % | + 0.97 % |
| OPM % | 79.57 % | 70.59 % | 79.67 % | + 9.08 % | + 0.1 % |
| Other Income | Rs. 29.138 Cr | Rs. 15.827 Cr | Rs. 49.638 Cr | + 213.63 % | + 70.35 % |
| Interest | Rs. 0.78 Cr | Rs. 0.8 Cr | Rs. 2.52 Cr | + 215 % | + 223.08 % |
| Depreciation | Rs. 1.24 Cr | Rs. 1.49 Cr | Rs. 1.26 Cr | -15.44 % | + 1.61 % |
| Profit before tax | Rs. 49.83 Cr | Rs. 33.98 Cr | Rs. 68.79 Cr | + 102.44 % | + 38.05 % |
| Tax % | 25.94 % | 27.63 % | 23.31 % | -4.32 % | -2.63 % |
| Net Profit | Rs. 36.93 Cr | Rs. 24.62 Cr | Rs. 52.74 Cr | + 114.22 % | + 42.81 % |
| EPS in Rs | Rs. 31.66 | Rs. 21.11 | Rs. 45.22 | + 114.21 % | + 42.83 % |
Today, we’re looking at IST Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 0.84 %. However, it did see a marginal slip of -0.6 % from the previous quarter. Expenses decreased slightly by -31.26 % quarter-on-quarter, aligning with the annual rise of 0.34 %. Operating profit, while up 0.97 % compared to last year, faced a quarter-on-quarter increase of 12.18 %, 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 0.1 %, but an expansion of 9.08 % sequentially. Other income rose by 213.63 % compared to the last quarter, despite an annual growth of 70.35 %. Interest expenses surged remarkably by 215 % from the previous quarter, yet the year-over-year increase remains at a moderate 223.08 %. Depreciation costs fell by -15.44 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 1.61 %. Profit before tax grew annually by 38.05 % but saw an increase from the preceding quarter by 102.44 %.
Tax expenses as a percentage of profits decreased slightly by -2.63 % compared to last year, with a more notable quarter-on-quarter decrease of -4.32 %. Net profit rose by 42.81 % year-on-year but experienced a 114.22 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 42.83 % but a quarterly rise of 114.21 %. In summary, IST 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. 28.541 Cr | Rs. 28.954 Cr | Rs. 28.78 Cr | -0.6 % | + 0.84 % |
| Expenses | Rs. 5.83 Cr | Rs. 8.51 Cr | Rs. 5.85 Cr | -31.26 % | + 0.34 % |
| Operating Profit | Rs. 22.71 Cr | Rs. 20.44 Cr | Rs. 22.93 Cr | + 12.18 % | + 0.97 % |
| Net Profit | Rs. 36.93 Cr | Rs. 24.62 Cr | Rs. 52.74 Cr | + 114.22 % | + 42.81 % |
| EPS in Rs | Rs. 31.66 | Rs. 21.11 | Rs. 45.22 | + 114.21 % | + 42.83 % |
In reviewing IST Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0.84 % year-on-year growth, although there was a slight dip of -0.6 % from the previous quarter. Expenses rose by 0.34 % compared to the previous year, with a decrease of -31.26 % quarter-on-quarter. Operating Profit surged by 0.97 % annually, and saw a 12.18 % increase from the last quarter.
Net Profit showed yearly increase of 42.81 %, and experienced a 114.22 % increase from the previous quarter. Earnings Per Share (EPS) rose by 42.83 % annually, however rose by 114.21 % compared to the last quarter. In essence, while IST 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.
41
3-Year Profit
21
5-Year Profit
12
10-Year Profit
475
Current Price
170
Market Cap
The company associated with BSE code 506640 presents a financial narrative of mixed fortunes. Over a five-year period, the company achieved a profit of 21 percents, which subsequently rose to 41 percents over the three years that followed. Yet, despite this initial growth, the company now faces a troubling trailing twelve-month (TTM) profit loss of 2000 percents. What’s particularly striking is the company’s complete absence of reported sales across all analyzed periods, which brings into question the viability of its revenue generation strategies and long-term business sustainability. Moreover, stock prices have been highly volatile, reflecting the company’s uncertain future. While the stock was valued at 93 percents over the last five years, it has recently dropped to 538 percents, underscoring a rapid decline in market confidence. Over the longer ten-year period, the stock price was at 32 percents, illustrating a pattern of fluctuating performance that could pose risks for potential investors.
The company has a market capitalization of ₹170 crore and is currently trading at a stock price of ₹475. Over time, the stock has fluctuated between the historical highs and lows of ₹541 / 61.8, reflecting the market's volatility. With a Price-to-Earnings (P/E) ratio of 435, the stock appears highly valued, indicating that investors are willing to pay a premium for its earnings potential. The company's book value per share stands at ₹26.4, showcasing the underlying asset value. Additionally, the dividend yield is 0.00%, suggesting that the company offers shareholders a moderate return on their investment in the form of dividends. The Return on Capital Employed (ROCE) is %, indicating the efficiency with which the company generates profit from its capital. Meanwhile, the Return on Equity (ROE) is %, highlighting the profitability relative to shareholder equity. Despite these figures, the company maintains a very low debt-to-equity ratio of 0.00, signaling minimal leverage. It also reports a net cash flow of ₹1.10 crore, reflecting the company's ability to generate cash. The Piotroski score is 2.00, a measure of the company's financial strength, while the Graham Number estimates the intrinsic value of the stock at ₹38.1. The Price-to-Book (P/B) ratio of 18.0 further suggests that the stock is trading at a premium relative to its book value, potentially reflecting positive market sentiment or expectations of future growth.
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