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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 60.88 % in the past year, substantial increase in net sales/revenue by 0.98 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -57.45 %, Marginal decrease of -30.02% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for S.J.S. Enterprises Limited. Notable increase of 56.85 % in net profit Year to Year, S.J.S. Enterprises Limited’s profitability increased by 3.91 % in this quarter.
- EPS over the Year and quarter: EPS increased by 52.03 % Year to Year. EPS increased by 3.82 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 117.248 Cr | Rs. 186.789 Cr | Rs. 188.624 Cr | + 0.98 % | + 60.88 % |
Expenses | Rs. 89.06 Cr | Rs. 139.19 Cr | Rs. 139.48 Cr | + 0.21 % | + 56.61 % |
Operating Profit | Rs. 28.19 Cr | Rs. 47.6 Cr | Rs. 49.14 Cr | + 3.24 % | + 74.32 % |
OPM % | 24.04 % | 25.48 % | 26.05 % | + 0.57 % | + 2.01 % |
Other Income | Rs. 3.194 Cr | Rs. 1.942 Cr | Rs. 1.359 Cr | -30.02 % | -57.45 % |
Interest | Rs. 1.06 Cr | Rs. 2.2 Cr | Rs. 2.13 Cr | -3.18 % | + 100.94 % |
Depreciation | Rs. 6.18 Cr | Rs. 10.96 Cr | Rs. 10.72 Cr | -2.19 % | + 73.46 % |
Profit before tax | Rs. 24.14 Cr | Rs. 36.38 Cr | Rs. 37.65 Cr | + 3.49 % | + 55.97 % |
Tax % | 25.41 % | 25.29 % | 25 % | -0.29 % | -0.41 % |
Net Profit | Rs. 18 Cr | Rs. 27.18 Cr | Rs. 28.24 Cr | + 3.9 % | + 56.89 % |
EPS in Rs | Rs. 5.81 | Rs. 8.46 | Rs. 8.76 | + 3.55 % | + 50.77 % |
Today, we’re looking at S.J.S. Enterprises 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 60.88 %. However, it did see a marginal increase of 0.98 % from the previous quarter. Expenses ticked up slightly by 0.21 % quarter-on-quarter, aligning with the annual rise of 56.61 %. Operating profit, while up 74.32 % compared to last year, faced a quarter-on-quarter increase of 3.24 %, 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 2.01 %, but an expansion of 0.57 % sequentially. Other income fell by -30.02 % compared to the last quarter, despite an annual decline of -57.45 %. Interest expenses dropped significantly by -3.18 % from the previous quarter, yet the year-over-year increase remains at a moderate 100.94 %. Depreciation costs fell by -2.19 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 73.46 %. Profit before tax grew annually by 55.97 % but saw an increase from the preceding quarter by 3.49 %.
Tax expenses as a percentage of profits decreased slightly by -0.41 % compared to last year, with a more notable quarter-on-quarter decrease of -0.29 %. Net profit rose by 56.89 % year-on-year but experienced a 3.9 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 50.77 % but a quarterly rise of 3.55 %. In summary, S.J.S. Enterprises 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. 117.248 Cr | Rs. 186.789 Cr | Rs. 188.624 Cr | + 0.98 % | + 60.88 % |
Expenses | Rs. 89.06 Cr | Rs. 139.19 Cr | Rs. 139.48 Cr | + 0.21 % | + 56.61 % |
Operating Profit | Rs. 28.19 Cr | Rs. 47.6 Cr | Rs. 49.14 Cr | + 3.24 % | + 74.32 % |
Net Profit | Rs. 18 Cr | Rs. 27.18 Cr | Rs. 28.24 Cr | + 3.9 % | + 56.89 % |
EPS in Rs | Rs. 5.81 | Rs. 8.46 | Rs. 8.76 | + 3.55 % | + 50.77 % |
In reviewing S.J.S. Enterprises Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 60.88 % year-on-year growth, however, there was a minor increase of 0.98 % from the previous quarter. Expenses rose by 56.61 % compared to the previous year, with a 0.21 % increase quarter-on-quarter. Operating Profit surged by 74.32 % annually, and saw a 3.24 % increase from the last quarter.
Net Profit showed yearly increase of 56.89 %, and experienced a 3.9 % increase from the previous quarter. Earnings Per Share (EPS) rose by 50.77 % annually, however rose by 3.55 % compared to the last quarter. In essence, while S.J.S. Enterprises 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.