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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 19.3 % in the past year, decrease in net sales/revenue by -2.2 %.
- 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 27.84 %. Marginal increase in other income during this quarter, up by 22.22%.
- Profit over the Year and quarter: Significant improvement in profitability for Sagarsoft (India) Limited. Notable increase of 422.31 % in net profit Year to Year, Sagarsoft (India) Limited’s profitability increased by 18.4 % in this quarter.
- EPS over the Year and quarter: EPS increased by 453.45 % Year to Year. EPS increased by 20.68 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 32.446 Cr | Rs. 39.577 Cr | Rs. 38.708 Cr | -2.2 % | + 19.3 % |
Expenses | Rs. 31.1 Cr | Rs. 37.12 Cr | Rs. 35.72 Cr | -3.77 % | + 14.86 % |
Operating Profit | Rs. 1.35 Cr | Rs. 2.46 Cr | Rs. 2.99 Cr | + 21.54 % | + 121.48 % |
OPM % | 4.16 % | 6.22 % | 7.72 % | + 1.5 % | + 3.56 % |
Other Income | Rs. 0.37 Cr | Rs. 0.387 Cr | Rs. 0.473 Cr | + 22.22 % | + 27.84 % |
Interest | Rs. 0.25 Cr | Rs. 0.18 Cr | Rs. 0.17 Cr | -5.56 % | -32 % |
Depreciation | Rs. 0.61 Cr | Rs. 0.59 Cr | Rs. 0.59 Cr | + 0 % | -3.28 % |
Profit before tax | Rs. 0.86 Cr | Rs. 2.08 Cr | Rs. 2.7 Cr | + 29.81 % | + 213.95 % |
Tax % | 56.58 % | 21.14 % | 28.12 % | + 6.98 % | -28.46 % |
Net Profit | Rs. 0.37 Cr | Rs. 1.64 Cr | Rs. 1.94 Cr | + 18.29 % | + 424.32 % |
EPS in Rs | Rs. 0.58 | Rs. 2.66 | Rs. 3.21 | + 20.68 % | + 453.45 % |
Today, we’re looking at Sagarsoft (India) Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 19.3 %. However, it did see a marginal slip of -2.2 % from the previous quarter. Expenses decreased slightly by -3.77 % quarter-on-quarter, aligning with the annual rise of 14.86 %. Operating profit, while up 121.48 % compared to last year, faced a quarter-on-quarter increase of 21.54 %, 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 3.56 %, but an expansion of 1.5 % sequentially. Other income rose by 22.22 % compared to the last quarter, despite an annual growth of 27.84 %. Interest expenses dropped significantly by -5.56 % from the previous quarter, yet the year-over-year decrease remains at a moderate -32 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -3.28 %. Profit before tax grew annually by 213.95 % but saw an increase from the preceding quarter by 29.81 %.
Tax expenses as a percentage of profits decreased slightly by -28.46 % compared to last year, with a more notable quarter-on-quarter increase of 6.98 %. Net profit rose by 424.32 % year-on-year but experienced a 18.29 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 453.45 % but a quarterly rise of 20.68 %. In summary, Sagarsoft (India) 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. 32.446 Cr | Rs. 39.577 Cr | Rs. 38.708 Cr | -2.2 % | + 19.3 % |
Expenses | Rs. 31.1 Cr | Rs. 37.12 Cr | Rs. 35.72 Cr | -3.77 % | + 14.86 % |
Operating Profit | Rs. 1.35 Cr | Rs. 2.46 Cr | Rs. 2.99 Cr | + 21.54 % | + 121.48 % |
Net Profit | Rs. 0.37 Cr | Rs. 1.64 Cr | Rs. 1.94 Cr | + 18.29 % | + 424.32 % |
EPS in Rs | Rs. 0.58 | Rs. 2.66 | Rs. 3.21 | + 20.68 % | + 453.45 % |
In reviewing Sagarsoft (India) Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 19.3 % year-on-year growth, although there was a slight dip of -2.2 % from the previous quarter. Expenses rose by 14.86 % compared to the previous year, with a decrease of -3.77 % quarter-on-quarter. Operating Profit surged by 121.48 % annually, and saw a 21.54 % increase from the last quarter.
Net Profit showed yearly increase of 424.32 %, and experienced a 18.29 % increase from the previous quarter. Earnings Per Share (EPS) rose by 453.45 % annually, however rose by 20.68 % compared to the last quarter. In essence, while Sagarsoft (India) 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.
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