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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 53.38 % in the past year, substantial increase in net sales/revenue by 47.83 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -65.19 %, Marginal decrease of -87% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Sakuma Exports Ltd.. Notable increase of 19.1 % in net profit Year to Year, Sakuma Exports Ltd.’s profitability dropped by -78.14 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -5.00 % Year to Year. EPS decreased by -82.88 % 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. 482.959 Cr | Rs. 501.066 Cr | Rs. 740.745 Cr | + 47.83 % | + 53.38 % |
Expenses | Rs. 479.31 Cr | Rs. 481.04 Cr | Rs. 733.06 Cr | + 52.39 % | + 52.94 % |
Operating Profit | Rs. 3.65 Cr | Rs. 20.03 Cr | Rs. 7.69 Cr | -61.61 % | + 110.68 % |
OPM % | 0.76 % | 4 % | 1.04 % | -2.96 % | + 0.28 % |
Other Income | Rs. 3.542 Cr | Rs. 9.487 Cr | Rs. 1.233 Cr | -87 % | -65.19 % |
Interest | Rs. 0.63 Cr | Rs. 1.42 Cr | Rs. 1.3 Cr | -8.45 % | + 106.35 % |
Depreciation | Rs. 0.3 Cr | Rs. 0.23 Cr | Rs. 0.17 Cr | -26.09 % | -43.33 % |
Profit before tax | Rs. 6.26 Cr | Rs. 27.87 Cr | Rs. 7.45 Cr | -73.27 % | + 19.01 % |
Tax % | 23.68 % | 6.62 % | 23.62 % | + 17 % | -0.06 % |
Net Profit | Rs. 4.77 Cr | Rs. 26.01 Cr | Rs. 5.69 Cr | -78.12 % | + 19.29 % |
EPS in Rs | Rs. 0.2 | Rs. 1.11 | Rs. 0.19 | -82.88 % | -5 % |
Today, we’re looking at Sakuma Exports 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 53.38 %. However, it did see a marginal increase of 47.83 % from the previous quarter. Expenses ticked up slightly by 52.39 % quarter-on-quarter, aligning with the annual rise of 52.94 %. Operating profit, while up 110.68 % compared to last year, faced a quarter-on-quarter dip of -61.61 %, 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 0.28 %, but a shrinkage of -2.96 % sequentially. Other income fell by -87 % compared to the last quarter, despite an annual decline of -65.19 %. Interest expenses dropped significantly by -8.45 % from the previous quarter, yet the year-over-year increase remains at a moderate 106.35 %. Depreciation costs fell by -26.09 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -43.33 %. Profit before tax grew annually by 19.01 % but saw a reduction from the preceding quarter by -73.27 %.
Tax expenses as a percentage of profits decreased slightly by -0.06 % compared to last year, with a more notable quarter-on-quarter increase of 17 %. Net profit rose by 19.29 % year-on-year but witnessed a -78.12 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -5 % but a quarterly fall of -82.88 %. In summary, Sakuma Exports 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. 482.959 Cr | Rs. 501.066 Cr | Rs. 740.745 Cr | + 47.83 % | + 53.38 % |
Expenses | Rs. 479.31 Cr | Rs. 481.04 Cr | Rs. 733.06 Cr | + 52.39 % | + 52.94 % |
Operating Profit | Rs. 3.65 Cr | Rs. 20.03 Cr | Rs. 7.69 Cr | -61.61 % | + 110.68 % |
Net Profit | Rs. 4.77 Cr | Rs. 26.01 Cr | Rs. 5.69 Cr | -78.12 % | + 19.29 % |
EPS in Rs | Rs. 0.2 | Rs. 1.11 | Rs. 0.19 | -82.88 % | -5 % |
In reviewing Sakuma Exports Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 53.38 % year-on-year growth, however, there was a minor increase of 47.83 % from the previous quarter. Expenses rose by 52.94 % compared to the previous year, with a 52.39 % increase quarter-on-quarter. Operating Profit surged by 110.68 % annually, and saw a -61.61 % decrease from the last quarter.
Net Profit showed yearly increase of 19.29 %, and experienced a -78.12 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -5 % annually, however dipped by -82.88 % compared to the last quarter. In essence, while Sakuma Exports Ltd. exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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