Share the post "Sam Industries : Q4 2024 Financial Quarterly Report : YoY Sales Down 61.28 %, QoQ Up 26.42 %"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -61.28 % over the year, substantial increase in net sales/revenue by 26.42 %.
- 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 204.76 %. Marginal decrease of -23.81% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Sam Industries Ltd.. Profit dropped by -51.95 % Year to Year, Sam Industries Ltd.’s profitability dropped by -128.83 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -52.94 % Year to Year. EPS decreased by -128.24 % 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. 5.586 Cr | Rs. 1.711 Cr | Rs. 2.163 Cr | + 26.42 % | -61.28 % |
Expenses | Rs. 6.49 Cr | Rs. 1.11 Cr | Rs. 2.93 Cr | + 163.96 % | -54.85 % |
Operating Profit | Rs. -0.9 Cr | Rs. 0.6 Cr | Rs. -0.77 Cr | -228.33 % | + 14.44 % |
OPM % | -16.11 % | 35.07 % | -35.6 % | -70.67 % | -19.49 % |
Other Income | Rs. 0.21 Cr | Rs. 0.84 Cr | Rs. 0.64 Cr | -23.81 % | + 204.76 % |
Interest | Rs. 0.07 Cr | Rs. 0.09 Cr | Rs. 0.18 Cr | + 100 % | + 157.14 % |
Depreciation | Rs. 0.08 Cr | Rs. 0.14 Cr | Rs. 0.14 Cr | + 0 % | + 75 % |
Profit before tax | Rs. -0.84 Cr | Rs. 1.21 Cr | Rs. -0.45 Cr | -137.19 % | + 46.43 % |
Tax % | -33.8 % | 21.8 % | -40.18 % | -61.98 % | -6.38 % |
Net Profit | Rs. -0.56 Cr | Rs. 0.94 Cr | Rs. -0.27 Cr | -128.72 % | + 51.79 % |
EPS in Rs | Rs. -0.51 | Rs. 0.85 | Rs. -0.24 | -128.24 % | + 52.94 % |
Today, we’re looking at Sam Industries 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 -61.28 %. However, it did see a marginal increase of 26.42 % from the previous quarter. Expenses ticked up slightly by 163.96 % quarter-on-quarter, aligning with the annual decline of -54.85 %. Operating profit, while up 14.44 % compared to last year, faced a quarter-on-quarter dip of -228.33 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -19.49 %, but a shrinkage of -70.67 % sequentially. Other income fell by -23.81 % compared to the last quarter, despite an annual growth of 204.76 %. Interest expenses surged remarkably by 100 % from the previous quarter, yet the year-over-year increase remains at a moderate 157.14 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 75 %. Profit before tax grew annually by 46.43 % but saw a reduction from the preceding quarter by -137.19 %.
Tax expenses as a percentage of profits decreased slightly by -6.38 % compared to last year, with a more notable quarter-on-quarter decrease of -61.98 %. Net profit rose by 51.79 % year-on-year but witnessed a -128.72 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 52.94 % but a quarterly fall of -128.24 %. In summary, Sam Industries 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. 5.586 Cr | Rs. 1.711 Cr | Rs. 2.163 Cr | + 26.42 % | -61.28 % |
Expenses | Rs. 6.49 Cr | Rs. 1.11 Cr | Rs. 2.93 Cr | + 163.96 % | -54.85 % |
Operating Profit | Rs. -0.9 Cr | Rs. 0.6 Cr | Rs. -0.77 Cr | -228.33 % | + 14.44 % |
Net Profit | Rs. -0.56 Cr | Rs. 0.94 Cr | Rs. -0.27 Cr | -128.72 % | + 51.79 % |
EPS in Rs | Rs. -0.51 | Rs. 0.85 | Rs. -0.24 | -128.24 % | + 52.94 % |
In reviewing Sam Industries Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -61.28 % year-on-year, however, there was a minor increase of 26.42 % from the previous quarter. Expenses decreased by -54.85 % compared to the previous year, with a 163.96 % increase quarter-on-quarter. Operating Profit surged by 14.44 % annually, and saw a -228.33 % decrease from the last quarter.
Net Profit showed yearly increase of 51.79 %, and experienced a -128.72 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 52.94 % annually, however dipped by -128.24 % compared to the last quarter. In essence, while Sam Industries 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.