S H Kelkar And Company announced Financial Results Q1 2024

The comprehensive analytics outlining the performance and outlook of S H Kelkar and Company 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 S H Kelkar and Company 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 5.57 %. However, it did see a marginal slip of -11.77 % from the previous quarter. Expenses decreased slightly by -11.91 % quarter-on-quarter, aligning with the annual rise of 4.53 %. Operating profit, while up 11.13 % compared to last year, faced a quarter-on-quarter dip of -11.08 %, 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 0.83 %, but an expansion of 0.13 % sequentially. Other income fell by -7995.36 % compared to the last quarter, despite an annual decline of -23476.47 %. Interest expenses dropped significantly by -4.17 % from the previous quarter, yet the year-over-year decrease remains at a moderate -2.94 %. Depreciation costs fell by -0.79 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.93 %. Profit before tax declined annually by -287.57 % but saw a reduction from the preceding quarter by -229.74 %.
Tax expenses as a percentage of profits decreased slightly by -45.74 % compared to last year, with a more notable quarter-on-quarter decrease of -57.78 %. Net profit fell by -411.97 % year-on-year but witnessed a -359.71 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -410.95 % but a quarterly fall of -354.07 %. In summary, S H Kelkar and Company Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing S H Kelkar and Company Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 5.57 % year-on-year growth, although there was a slight dip of -11.77 % from the previous quarter. Expenses rose by 4.53 % compared to the previous year, with a decrease of -11.91 % quarter-on-quarter. Operating Profit surged by 11.13 % annually, and saw a -11.08 % decrease from the last quarter.
Net Profit showed yearly decrease of -411.97 %, and experienced a -359.71 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -410.95 % annually, however dipped by -354.07 % compared to the last quarter. In essence, while S H Kelkar and Company 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.