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Highlights
- Sales over the Year and quarter: The company’s sales declined by -37.73 % over the year, substantial increase in net sales/revenue by 3.3 %.
- 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 229.03 %. Marginal increase in other income during this quarter, up by 436.84%.
- Profit over the Year and quarter: Significant improvement in profitability for Sacheta Metals Ltd.. Notable increase of 67.31 % in net profit Year to Year, Sacheta Metals Ltd.’s profitability increased by 123.08 % in this quarter.
- EPS over the Year and quarter: EPS increased by 44.44 % Year to Year. EPS increased by 116.67 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 27.67 Cr | Rs. 16.68 Cr | Rs. 17.23 Cr | + 3.3 % | -37.73 % |
| Expenses | Rs. 26.56 Cr | Rs. 15.63 Cr | Rs. 16.27 Cr | + 4.09 % | -38.74 % |
| Operating Profit | Rs. 1.11 Cr | Rs. 1.05 Cr | Rs. 0.96 Cr | -8.57 % | -13.51 % |
| OPM % | 4.01 % | 6.29 % | 5.57 % | -0.72 % | + 1.56 % |
| Other Income | Rs. 0.31 Cr | Rs. 0.19 Cr | Rs. 1.02 Cr | + 436.84 % | + 229.03 % |
| Interest | Rs. 0.2 Cr | Rs. 0.22 Cr | Rs. 0.32 Cr | + 45.45 % | + 60 % |
| Depreciation | Rs. 0.47 Cr | Rs. 0.5 Cr | Rs. 0.47 Cr | -6 % | + 0 % |
| Profit before tax | Rs. 0.75 Cr | Rs. 0.52 Cr | Rs. 1.19 Cr | + 128.85 % | + 58.67 % |
| Tax % | 30.67 % | 25 % | 26.89 % | + 1.89 % | -3.78 % |
| Net Profit | Rs. 0.52 Cr | Rs. 0.39 Cr | Rs. 0.87 Cr | + 123.08 % | + 67.31 % |
| EPS in Rs | Rs. 0.27 | Rs. 0.18 | Rs. 0.39 | + 116.67 % | + 44.44 % |
Today, we’re looking at Sacheta Metals Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -37.73 %. However, it did see a marginal increase of 3.3 % from the previous quarter. Expenses ticked up slightly by 4.09 % quarter-on-quarter, aligning with the annual decline of -38.74 %. Operating profit, while down -13.51 % compared to last year, faced a quarter-on-quarter dip of -8.57 %, 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 1.56 %, but a shrinkage of -0.72 % sequentially. Other income rose by 436.84 % compared to the last quarter, despite an annual growth of 229.03 %. Interest expenses surged remarkably by 45.45 % from the previous quarter, yet the year-over-year increase remains at a moderate 60 %. Depreciation costs fell by -6 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 58.67 % but saw an increase from the preceding quarter by 128.85 %.
Tax expenses as a percentage of profits decreased slightly by -3.78 % compared to last year, with a more notable quarter-on-quarter increase of 1.89 %. Net profit rose by 67.31 % year-on-year but experienced a 123.08 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 44.44 % but a quarterly rise of 116.67 %. In summary, Sacheta Metals Ltd.’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. 27.67 Cr | Rs. 16.68 Cr | Rs. 17.23 Cr | + 3.3 % | -37.73 % |
| Expenses | Rs. 26.56 Cr | Rs. 15.63 Cr | Rs. 16.27 Cr | + 4.09 % | -38.74 % |
| Operating Profit | Rs. 1.11 Cr | Rs. 1.05 Cr | Rs. 0.96 Cr | -8.57 % | -13.51 % |
| Net Profit | Rs. 0.52 Cr | Rs. 0.39 Cr | Rs. 0.87 Cr | + 123.08 % | + 67.31 % |
| EPS in Rs | Rs. 0.27 | Rs. 0.18 | Rs. 0.39 | + 116.67 % | + 44.44 % |
In reviewing Sacheta Metals Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -37.73 % year-on-year, however, there was a minor increase of 3.3 % from the previous quarter. Expenses decreased by -38.74 % compared to the previous year, with a 4.09 % increase quarter-on-quarter. Operating Profit dropped by -13.51 % annually, and saw a -8.57 % decrease from the last quarter.
Net Profit showed yearly increase of 67.31 %, and experienced a 123.08 % increase from the previous quarter. Earnings Per Share (EPS) rose by 44.44 % annually, however rose by 116.67 % compared to the last quarter. In essence, while Sacheta Metals Ltd. 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.
