SP Apparels : Q4 2024 Financial Quarterly Report : YoY Sales Up 7.26 %, QoQ Up 17.05 %

The comprehensive analytics outlining the performance and outlook of S.P. Apparels 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.P. Apparels Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 7.26 %. However, it did see a marginal increase of 17.05 % from the previous quarter. Expenses ticked up slightly by 16.85 % quarter-on-quarter, aligning with the annual rise of 8.04 %. Operating profit, while up 2.64 % compared to last year, faced a quarter-on-quarter increase of 18.33 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.63 %, but an expansion of 0.14 % sequentially. Other income fell by -66.39 % compared to the last quarter, despite an annual decline of -14.14 %. Interest expenses dropped significantly by -43.07 % from the previous quarter, yet the year-over-year decrease remains at a moderate -55.87 %. Depreciation costs climbed by 1.28 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.49 %. Profit before tax grew annually by 17.35 % but saw an increase from the preceding quarter by 21.71 %.
Tax expenses as a percentage of profits decreased slightly by -14.68 % compared to last year, with a more notable quarter-on-quarter decrease of -23.54 %. Net profit rose by 38.69 % year-on-year but experienced a 61.61 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 38.63 % but a quarterly rise of 61.54 %. In summary, S.P. Apparels Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing S.P. Apparels Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7.26 % year-on-year growth, however, there was a minor increase of 17.05 % from the previous quarter. Expenses rose by 8.04 % compared to the previous year, with a 16.85 % increase quarter-on-quarter. Operating Profit surged by 2.64 % annually, and saw a 18.33 % increase from the last quarter.
Net Profit showed yearly increase of 38.69 %, and experienced a 61.61 % increase from the previous quarter. Earnings Per Share (EPS) rose by 38.63 % annually, however rose by 61.54 % compared to the last quarter. In essence, while S.P. Apparels 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.