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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 11.76 % in the past year, decrease in net sales/revenue by -185.66 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -93.48 %, Marginal decrease of -94.23% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Sagar Systech Ltd.. Notable increase of 14.15 % in net profit Year to Year, Sagar Systech Ltd.’s profitability dropped by -144.81 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 13.90 % Year to Year. EPS decreased by -144.67 % in previous quarter. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 0.187 Cr | Rs. -0.244 Cr | Rs. 0.209 Cr | + 185.66 % | + 11.76 % |
| Expenses | Rs. 0.04 Cr | Rs. 0.04 Cr | Rs. 0.03 Cr | -25 % | -25 % |
| Operating Profit | Rs. 0.15 Cr | Rs. -0.28 Cr | Rs. 0.18 Cr | + 164.29 % | + 20 % |
| OPM % | 80.21 % | 114.75 % | 86.12 % | -28.63 % | + 5.91 % |
| Other Income | Rs. 0.046 Cr | Rs. 0.052 Cr | Rs. 0.003 Cr | -94.23 % | -93.48 % |
| Interest | Rs. 0.09 Cr | Rs. 0.04 Cr | Rs. 0.06 Cr | + 50 % | -33.33 % |
| Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Profit before tax | Rs. 0.11 Cr | Rs. -0.27 Cr | Rs. 0.12 Cr | + 144.44 % | + 9.09 % |
| Tax % | 0 % | -0.37 % | 0 % | + 0.37 % | 0 % |
| Net Profit | Rs. 0.11 Cr | Rs. -0.27 Cr | Rs. 0.12 Cr | + 144.44 % | + 9.09 % |
| EPS in Rs | Rs. 3.31 | Rs. -8.44 | Rs. 3.77 | + 144.67 % | + 13.9 % |
Today, we’re looking at Sagar Systech Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 11.76 %. However, it did see a marginal increase of 185.66 % from the previous quarter. Expenses decreased slightly by -25 % quarter-on-quarter, aligning with the annual decline of -25 %. Operating profit, while up 20 % compared to last year, faced a quarter-on-quarter increase of 164.29 %, 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 5.91 %, but a shrinkage of -28.63 % sequentially. Other income fell by -94.23 % compared to the last quarter, despite an annual decline of -93.48 %. Interest expenses surged remarkably by 50 % from the previous quarter, yet the year-over-year decrease remains at a moderate -33.33 %. Profit before tax grew annually by 9.09 % but saw an increase from the preceding quarter by 144.44 %.
with a more notable quarter-on-quarter increase of 0.37 %. Net profit rose by 9.09 % year-on-year but experienced a 144.44 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 13.9 % but a quarterly rise of 144.67 %. In summary, Sagar Systech 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. 0.187 Cr | Rs. -0.244 Cr | Rs. 0.209 Cr | + 185.66 % | + 11.76 % |
| Expenses | Rs. 0.04 Cr | Rs. 0.04 Cr | Rs. 0.03 Cr | -25 % | -25 % |
| Operating Profit | Rs. 0.15 Cr | Rs. -0.28 Cr | Rs. 0.18 Cr | + 164.29 % | + 20 % |
| Net Profit | Rs. 0.11 Cr | Rs. -0.27 Cr | Rs. 0.12 Cr | + 144.44 % | + 9.09 % |
| EPS in Rs | Rs. 3.31 | Rs. -8.44 | Rs. 3.77 | + 144.67 % | + 13.9 % |
In reviewing Sagar Systech Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 11.76 % year-on-year growth, however, there was a minor increase of 185.66 % from the previous quarter. Expenses decreased by -25 % compared to the previous year, with a decrease of -25 % quarter-on-quarter. Operating Profit surged by 20 % annually, and saw a 164.29 % increase from the last quarter.
Net Profit showed yearly increase of 9.09 %, and experienced a 144.44 % increase from the previous quarter. Earnings Per Share (EPS) rose by 13.9 % annually, however rose by 144.67 % compared to the last quarter. In essence, while Sagar Systech 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.
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