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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 6.43 % in the past year, substantial increase in net sales/revenue by 31.71 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -65.52 %, Marginal decrease of -69.4% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Sakthi Sugars Limited. Profit dropped by -28.13 % Year to Year, Sakthi Sugars Limited’s profitability dropped by -46.14 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -28.17 % Year to Year. EPS decreased by -46.19 % 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. 369.81 Cr | Rs. 298.838 Cr | Rs. 393.589 Cr | + 31.71 % | + 6.43 % |
Expenses | Rs. 331.08 Cr | Rs. 255.44 Cr | Rs. 328.2 Cr | + 28.48 % | -0.87 % |
Operating Profit | Rs. 38.73 Cr | Rs. 43.4 Cr | Rs. 65.39 Cr | + 50.67 % | + 68.84 % |
OPM % | 10.47 % | 14.52 % | 16.61 % | + 2.09 % | + 6.14 % |
Other Income | Rs. 109.509 Cr | Rs. 123.393 Cr | Rs. 37.759 Cr | -69.4 % | -65.52 % |
Interest | Rs. 25.91 Cr | Rs. 26.13 Cr | Rs. 27.17 Cr | + 3.98 % | + 4.86 % |
Depreciation | Rs. 9.18 Cr | Rs. 9.23 Cr | Rs. 9.22 Cr | -0.11 % | + 0.44 % |
Profit before tax | Rs. 113.15 Cr | Rs. 131.43 Cr | Rs. 66.76 Cr | -49.2 % | -41 % |
Tax % | 27.26 % | 27.32 % | 13.27 % | -14.05 % | -13.99 % |
Net Profit | Rs. 80.56 Cr | Rs. 107.5 Cr | Rs. 57.9 Cr | -46.14 % | -28.13 % |
EPS in Rs | Rs. 6.78 | Rs. 9.05 | Rs. 4.87 | -46.19 % | -28.17 % |
Today, we’re looking at Sakthi Sugars 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 6.43 %. However, it did see a marginal increase of 31.71 % from the previous quarter. Expenses ticked up slightly by 28.48 % quarter-on-quarter, aligning with the annual decline of -0.87 %. Operating profit, while up 68.84 % compared to last year, faced a quarter-on-quarter increase of 50.67 %, 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 6.14 %, but an expansion of 2.09 % sequentially. Other income fell by -69.4 % compared to the last quarter, despite an annual decline of -65.52 %. Interest expenses surged remarkably by 3.98 % from the previous quarter, yet the year-over-year increase remains at a moderate 4.86 %. Depreciation costs fell by -0.11 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0.44 %. Profit before tax declined annually by -41 % but saw a reduction from the preceding quarter by -49.2 %.
Tax expenses as a percentage of profits decreased slightly by -13.99 % compared to last year, with a more notable quarter-on-quarter decrease of -14.05 %. Net profit fell by -28.13 % year-on-year but witnessed a -46.14 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -28.17 % but a quarterly fall of -46.19 %. In summary, Sakthi Sugars 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. 369.81 Cr | Rs. 298.838 Cr | Rs. 393.589 Cr | + 31.71 % | + 6.43 % |
Expenses | Rs. 331.08 Cr | Rs. 255.44 Cr | Rs. 328.2 Cr | + 28.48 % | -0.87 % |
Operating Profit | Rs. 38.73 Cr | Rs. 43.4 Cr | Rs. 65.39 Cr | + 50.67 % | + 68.84 % |
Net Profit | Rs. 80.56 Cr | Rs. 107.5 Cr | Rs. 57.9 Cr | -46.14 % | -28.13 % |
EPS in Rs | Rs. 6.78 | Rs. 9.05 | Rs. 4.87 | -46.19 % | -28.17 % |
In reviewing Sakthi Sugars Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 6.43 % year-on-year growth, however, there was a minor increase of 31.71 % from the previous quarter. Expenses decreased by -0.87 % compared to the previous year, with a 28.48 % increase quarter-on-quarter. Operating Profit surged by 68.84 % annually, and saw a 50.67 % increase from the last quarter.
Net Profit showed yearly decrease of -28.13 %, and experienced a -46.14 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -28.17 % annually, however dipped by -46.19 % compared to the last quarter. In essence, while Sakthi Sugars 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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