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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’s sales declined by -0.39 % over the year, decrease in net sales/revenue by -74.69 %.
- 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 5.98 %. Marginal increase in other income during this quarter, up by 263.84%.
- Profit over the Year and quarter: Challenges in sustaining profitability for S Chand And Company Limited. Profit dropped by -377.48 % Year to Year, S Chand And Company Limited’s profitability dropped by -102.33 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -178.38 % Year to Year. EPS decreased by -101.59 % 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. 111.093 Cr | Rs. 437.161 Cr | Rs. 110.661 Cr | -74.69 % | -0.39 % |
Expenses | Rs. 97.54 Cr | Rs. 250.84 Cr | Rs. 102.27 Cr | -59.23 % | + 4.85 % |
Operating Profit | Rs. 13.55 Cr | Rs. 186.32 Cr | Rs. 8.39 Cr | -95.5 % | -38.08 % |
OPM % | 12.2 % | 42.62 % | 7.58 % | -35.04 % | -4.62 % |
Other Income | Rs. 2.791 Cr | Rs. 0.813 Cr | Rs. 2.958 Cr | + 263.84 % | + 5.98 % |
Interest | Rs. 2.84 Cr | Rs. 4.82 Cr | Rs. 2.8 Cr | -41.91 % | -1.41 % |
Depreciation | Rs. 10.85 Cr | Rs. 12.49 Cr | Rs. 10.18 Cr | -18.49 % | -6.18 % |
Profit before tax | Rs. 2.65 Cr | Rs. 169.82 Cr | Rs. -1.63 Cr | -100.96 % | -161.51 % |
Tax % | 59.36 % | 24.49 % | -83.23 % | -107.72 % | -142.59 % |
Net Profit | Rs. 1.08 Cr | Rs. 128.23 Cr | Rs. -2.99 Cr | -102.33 % | -376.85 % |
EPS in Rs | Rs. 0.74 | Rs. 36.41 | Rs. -0.58 | -101.59 % | -178.38 % |
Today, we’re looking at S Chand And Company Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -0.39 %. However, it did see a marginal slip of -74.69 % from the previous quarter. Expenses decreased slightly by -59.23 % quarter-on-quarter, aligning with the annual rise of 4.85 %. Operating profit, while down -38.08 % compared to last year, faced a quarter-on-quarter dip of -95.5 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -4.62 %, but a shrinkage of -35.04 % sequentially. Other income rose by 263.84 % compared to the last quarter, despite an annual growth of 5.98 %. Interest expenses dropped significantly by -41.91 % from the previous quarter, yet the year-over-year decrease remains at a moderate -1.41 %. Depreciation costs fell by -18.49 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -6.18 %. Profit before tax declined annually by -161.51 % but saw a reduction from the preceding quarter by -100.96 %.
Tax expenses as a percentage of profits decreased slightly by -142.59 % compared to last year, with a more notable quarter-on-quarter decrease of -107.72 %. Net profit fell by -376.85 % year-on-year but witnessed a -102.33 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -178.38 % but a quarterly fall of -101.59 %. In summary, S Chand And Company 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. 111.093 Cr | Rs. 437.161 Cr | Rs. 110.661 Cr | -74.69 % | -0.39 % |
Expenses | Rs. 97.54 Cr | Rs. 250.84 Cr | Rs. 102.27 Cr | -59.23 % | + 4.85 % |
Operating Profit | Rs. 13.55 Cr | Rs. 186.32 Cr | Rs. 8.39 Cr | -95.5 % | -38.08 % |
Net Profit | Rs. 1.08 Cr | Rs. 128.23 Cr | Rs. -2.99 Cr | -102.33 % | -376.85 % |
EPS in Rs | Rs. 0.74 | Rs. 36.41 | Rs. -0.58 | -101.59 % | -178.38 % |
In reviewing S Chand And Company Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -0.39 % year-on-year, although there was a slight dip of -74.69 % from the previous quarter. Expenses rose by 4.85 % compared to the previous year, with a decrease of -59.23 % quarter-on-quarter. Operating Profit dropped by -38.08 % annually, and saw a -95.5 % decrease from the last quarter.
Net Profit showed yearly decrease of -376.85 %, and experienced a -102.33 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -178.38 % annually, however dipped by -101.59 % compared to the last quarter. In essence, while S Chand And Company Limited faces strong annual decline 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.