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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 2.88 % in the past year, substantial increase in net sales/revenue by 2.79 %.
- 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 114.41 %. Marginal increase in other income during this quarter, up by 622.79%.
- Profit over the Year and quarter: Significant improvement in profitability for Sagar Cements Ltd. Notable increase of 2431.25 % in net profit Year to Year, Sagar Cements Ltd’s profitability increased by 111.21 % in this quarter.
- EPS over the Year and quarter: EPS increased by 2,380.00 % Year to Year. EPS increased by 111.97 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 502.18 Cr | Rs. 502.62 Cr | Rs. 516.66 Cr | + 2.79 % | + 2.88 % |
Expenses | Rs. 468.12 Cr | Rs. 436.67 Cr | Rs. 463.29 Cr | + 6.1 % | -1.03 % |
Operating Profit | Rs. 34.06 Cr | Rs. 65.95 Cr | Rs. 53.37 Cr | -19.08 % | + 56.69 % |
OPM % | 6.78 % | 13.12 % | 10.33 % | -2.79 % | + 3.55 % |
Other Income | Rs. 17.9 Cr | Rs. 5.31 Cr | Rs. 38.38 Cr | + 622.79 % | + 114.41 % |
Interest | Rs. 27.46 Cr | Rs. 18.88 Cr | Rs. 18.63 Cr | -1.32 % | -32.16 % |
Depreciation | Rs. 21.62 Cr | Rs. 30.52 Cr | Rs. 30.78 Cr | + 0.85 % | + 42.37 % |
Profit before tax | Rs. 2.88 Cr | Rs. 21.86 Cr | Rs. 42.34 Cr | + 93.69 % | + 1370.14 % |
Tax % | 55.56 % | 29.83 % | 23.48 % | -6.35 % | -32.08 % |
Net Profit | Rs. 1.28 Cr | Rs. 15.34 Cr | Rs. 32.4 Cr | + 111.21 % | + 2431.25 % |
EPS in Rs | Rs. 0.1 | Rs. 1.17 | Rs. 2.48 | + 111.97 % | + 2380 % |
Today, we’re looking at Sagar Cements Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 2.88 %. However, it did see a marginal increase of 2.79 % from the previous quarter. Expenses ticked up slightly by 6.1 % quarter-on-quarter, aligning with the annual decline of -1.03 %. Operating profit, while up 56.69 % compared to last year, faced a quarter-on-quarter dip of -19.08 %, 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 3.55 %, but a shrinkage of -2.79 % sequentially. Other income rose by 622.79 % compared to the last quarter, despite an annual growth of 114.41 %. Interest expenses dropped significantly by -1.32 % from the previous quarter, yet the year-over-year decrease remains at a moderate -32.16 %. Depreciation costs climbed by 0.85 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 42.37 %. Profit before tax grew annually by 1370.14 % but saw an increase from the preceding quarter by 93.69 %.
Tax expenses as a percentage of profits decreased slightly by -32.08 % compared to last year, with a more notable quarter-on-quarter decrease of -6.35 %. Net profit rose by 2431.25 % year-on-year but experienced a 111.21 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 2380 % but a quarterly rise of 111.97 %. In summary, Sagar Cements 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. 502.18 Cr | Rs. 502.62 Cr | Rs. 516.66 Cr | + 2.79 % | + 2.88 % |
Expenses | Rs. 468.12 Cr | Rs. 436.67 Cr | Rs. 463.29 Cr | + 6.1 % | -1.03 % |
Operating Profit | Rs. 34.06 Cr | Rs. 65.95 Cr | Rs. 53.37 Cr | -19.08 % | + 56.69 % |
Net Profit | Rs. 1.28 Cr | Rs. 15.34 Cr | Rs. 32.4 Cr | + 111.21 % | + 2431.25 % |
EPS in Rs | Rs. 0.1 | Rs. 1.17 | Rs. 2.48 | + 111.97 % | + 2380 % |
In reviewing Sagar Cements Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 2.88 % year-on-year growth, however, there was a minor increase of 2.79 % from the previous quarter. Expenses decreased by -1.03 % compared to the previous year, with a 6.1 % increase quarter-on-quarter. Operating Profit surged by 56.69 % annually, and saw a -19.08 % decrease from the last quarter.
Net Profit showed yearly increase of 2431.25 %, and experienced a 111.21 % increase from the previous quarter. Earnings Per Share (EPS) rose by 2380 % annually, however rose by 111.97 % compared to the last quarter. In essence, while Sagar Cements 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.