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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 33.79 % in the past year, substantial increase in net sales/revenue by 59.51 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -57.61 %, Marginal decrease of -12.05% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for S. P. Apparels Limited. Profit dropped by -23.32 % Year to Year, S. P. Apparels Limited’s profitability increased by 21.45 % in this quarter.
- EPS over the Year and quarter: EPS declined by -23.35 % Year to Year. EPS increased by 21.42 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 292.464 Cr | Rs. 245.313 Cr | Rs. 391.297 Cr | + 59.51 % | + 33.79 % |
Expenses | Rs. 245.96 Cr | Rs. 212.31 Cr | Rs. 341.62 Cr | + 60.91 % | + 38.89 % |
Operating Profit | Rs. 46.5 Cr | Rs. 33 Cr | Rs. 49.68 Cr | + 50.55 % | + 6.84 % |
OPM % | 15.9 % | 13.45 % | 12.7 % | -0.75 % | -3.2 % |
Other Income | Rs. 5.631 Cr | Rs. 2.714 Cr | Rs. 2.387 Cr | -12.05 % | -57.61 % |
Interest | Rs. 4.2 Cr | Rs. 5.31 Cr | Rs. 10.7 Cr | + 101.51 % | + 154.76 % |
Depreciation | Rs. 9.53 Cr | Rs. 9.8 Cr | Rs. 11 Cr | + 12.24 % | + 15.42 % |
Profit before tax | Rs. 38.4 Cr | Rs. 20.6 Cr | Rs. 30.37 Cr | + 47.43 % | -20.91 % |
Tax % | 25.59 % | 12.4 % | 27.83 % | + 15.43 % | + 2.24 % |
Net Profit | Rs. 28.58 Cr | Rs. 18.05 Cr | Rs. 21.92 Cr | + 21.44 % | -23.3 % |
EPS in Rs | Rs. 11.39 | Rs. 7.19 | Rs. 8.73 | + 21.42 % | -23.35 % |
Today, we’re looking at S. P. Apparels Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 33.79 %. However, it did see a marginal increase of 59.51 % from the previous quarter. Expenses ticked up slightly by 60.91 % quarter-on-quarter, aligning with the annual rise of 38.89 %. Operating profit, while up 6.84 % compared to last year, faced a quarter-on-quarter increase of 50.55 %, 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 -3.2 %, but a shrinkage of -0.75 % sequentially. Other income fell by -12.05 % compared to the last quarter, despite an annual decline of -57.61 %. Interest expenses surged remarkably by 101.51 % from the previous quarter, yet the year-over-year increase remains at a moderate 154.76 %. Depreciation costs climbed by 12.24 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 15.42 %. Profit before tax declined annually by -20.91 % but saw an increase from the preceding quarter by 47.43 %.
Tax expenses as a percentage of profits increased slightly by 2.24 % compared to last year, with a more notable quarter-on-quarter increase of 15.43 %. Net profit fell by -23.3 % year-on-year but experienced a 21.44 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -23.35 % but a quarterly rise of 21.42 %. 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.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 292.464 Cr | Rs. 245.313 Cr | Rs. 391.297 Cr | + 59.51 % | + 33.79 % |
Expenses | Rs. 245.96 Cr | Rs. 212.31 Cr | Rs. 341.62 Cr | + 60.91 % | + 38.89 % |
Operating Profit | Rs. 46.5 Cr | Rs. 33 Cr | Rs. 49.68 Cr | + 50.55 % | + 6.84 % |
Net Profit | Rs. 28.58 Cr | Rs. 18.05 Cr | Rs. 21.92 Cr | + 21.44 % | -23.3 % |
EPS in Rs | Rs. 11.39 | Rs. 7.19 | Rs. 8.73 | + 21.42 % | -23.35 % |
In reviewing S. P. Apparels Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 33.79 % year-on-year growth, however, there was a minor increase of 59.51 % from the previous quarter. Expenses rose by 38.89 % compared to the previous year, with a 60.91 % increase quarter-on-quarter. Operating Profit surged by 6.84 % annually, and saw a 50.55 % increase from the last quarter.
Net Profit showed yearly decrease of -23.3 %, and experienced a 21.44 % increase from the previous quarter. Earnings Per Share (EPS) fell by -23.35 % annually, however rose by 21.42 % compared to the last quarter. In essence, while S. P. Apparels 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.
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