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Highlights
- Sales over the Year and quarter: The company’s sales declined by -7.55 % over the year, substantial increase in net sales/revenue by 98.06 %.
- 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 60.7 %. Marginal increase in other income during this quarter, up by 743.08%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Sakthi Sugars Ltd.. Profit dropped by -51.14 % Year to Year, Sakthi Sugars Ltd.’s profitability dropped by -352.01 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -51.11 % Year to Year. EPS decreased by -352.09 % 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. 323.249 Cr | Rs. 150.884 Cr | Rs. 298.838 Cr | + 98.06 % | -7.55 % |
Expenses | Rs. 284.17 Cr | Rs. 168.93 Cr | Rs. 255.44 Cr | + 51.21 % | -10.11 % |
Operating Profit | Rs. 39.08 Cr | Rs. -18.05 Cr | Rs. 43.4 Cr | + 340.44 % | + 11.05 % |
OPM % | 12.09 % | -11.96 % | 14.52 % | + 26.48 % | + 2.43 % |
Other Income | Rs. 10.23 Cr | Rs. 1.95 Cr | Rs. 16.44 Cr | + 743.08 % | + 60.7 % |
Interest | Rs. 26.82 Cr | Rs. 30.7 Cr | Rs. 26.13 Cr | -14.89 % | -2.57 % |
Depreciation | Rs. 9.45 Cr | Rs. 9.36 Cr | Rs. 9.23 Cr | -1.39 % | -2.33 % |
Profit before tax | Rs. 13.04 Cr | Rs. -56.16 Cr | Rs. 24.48 Cr | + 143.59 % | + 87.73 % |
Tax % | 0.95 % | -24.39 % | 27.32 % | + 51.71 % | + 26.37 % |
Net Profit | Rs. 219.99 Cr | Rs. -42.66 Cr | Rs. 107.5 Cr | + 351.99 % | -51.13 % |
EPS in Rs | Rs. 18.51 | Rs. -3.59 | Rs. 9.05 | + 352.09 % | -51.11 % |
Today, we’re looking at Sakthi Sugars 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 -7.55 %. However, it did see a marginal increase of 98.06 % from the previous quarter. Expenses ticked up slightly by 51.21 % quarter-on-quarter, aligning with the annual decline of -10.11 %. Operating profit, while up 11.05 % compared to last year, faced a quarter-on-quarter increase of 340.44 %, 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 2.43 %, but an expansion of 26.48 % sequentially. Other income rose by 743.08 % compared to the last quarter, despite an annual growth of 60.7 %. Interest expenses dropped significantly by -14.89 % from the previous quarter, yet the year-over-year decrease remains at a moderate -2.57 %. Depreciation costs fell by -1.39 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -2.33 %. Profit before tax grew annually by 87.73 % but saw an increase from the preceding quarter by 143.59 %.
Tax expenses as a percentage of profits increased slightly by 26.37 % compared to last year, with a more notable quarter-on-quarter increase of 51.71 %. Net profit fell by -51.13 % year-on-year but experienced a 351.99 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -51.11 % but a quarterly rise of 352.09 %. In summary, Sakthi Sugars 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. 323.249 Cr | Rs. 150.884 Cr | Rs. 298.838 Cr | + 98.06 % | -7.55 % |
Expenses | Rs. 284.17 Cr | Rs. 168.93 Cr | Rs. 255.44 Cr | + 51.21 % | -10.11 % |
Operating Profit | Rs. 39.08 Cr | Rs. -18.05 Cr | Rs. 43.4 Cr | + 340.44 % | + 11.05 % |
Net Profit | Rs. 219.99 Cr | Rs. -42.66 Cr | Rs. 107.5 Cr | + 351.99 % | -51.13 % |
EPS in Rs | Rs. 18.51 | Rs. -3.59 | Rs. 9.05 | + 352.09 % | -51.11 % |
In reviewing Sakthi Sugars Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -7.55 % year-on-year, however, there was a minor increase of 98.06 % from the previous quarter. Expenses decreased by -10.11 % compared to the previous year, with a 51.21 % increase quarter-on-quarter. Operating Profit surged by 11.05 % annually, and saw a 340.44 % increase from the last quarter.
Net Profit showed yearly decrease of -51.13 %, and experienced a 351.99 % increase from the previous quarter. Earnings Per Share (EPS) fell by -51.11 % annually, however rose by 352.09 % compared to the last quarter. In essence, while Sakthi Sugars 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.