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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 23.1 % in the past year, decrease in net sales/revenue by -50.06 %.
- 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 0 %. Marginal decrease of -99.77% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Samyak International Limited. Notable increase of 11.36 % in net profit Year to Year, Samyak International Limited’s profitability increased by 10.68 % in this quarter.
- EPS over the Year and quarter: EPS increased by 11.43 % Year to Year. EPS increased by 10.9 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 9.872 Cr | Rs. 24.332 Cr | Rs. 12.152 Cr | -50.06 % | + 23.1 % |
| Expenses | Rs. 7.67 Cr | Rs. 20.93 Cr | Rs. 10.34 Cr | -50.6 % | + 34.81 % |
| Operating Profit | Rs. 2.2 Cr | Rs. 3.4 Cr | Rs. 1.81 Cr | -46.76 % | -17.73 % |
| OPM % | 22.29 % | 13.97 % | 14.89 % | + 0.92 % | -7.4 % |
| Other Income | Rs. 0.001 Cr | Rs. 0.436 Cr | Rs. 0.001 Cr | -99.77 % | + 0 % |
| Interest | Rs. 0.11 Cr | Rs. 0.46 Cr | Rs. 0.15 Cr | -67.39 % | + 36.36 % |
| Depreciation | Rs. 0.78 Cr | Rs. 2.04 Cr | Rs. 0.21 Cr | -89.71 % | -73.08 % |
| Profit before tax | Rs. 1.31 Cr | Rs. 1.34 Cr | Rs. 1.45 Cr | + 8.21 % | + 10.69 % |
| Tax % | 0 % | 1.05 % | 0 % | -1.05 % | 0 % |
| Net Profit | Rs. 1.31 Cr | Rs. 1.32 Cr | Rs. 1.46 Cr | + 10.61 % | + 11.45 % |
| EPS in Rs | Rs. 2.1 | Rs. 2.11 | Rs. 2.34 | + 10.9 % | + 11.43 % |
Today, we’re looking at Samyak International 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 23.1 %. However, it did see a marginal slip of -50.06 % from the previous quarter. Expenses decreased slightly by -50.6 % quarter-on-quarter, aligning with the annual rise of 34.81 %. Operating profit, while down -17.73 % compared to last year, faced a quarter-on-quarter dip of -46.76 %, 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 -7.4 %, but an expansion of 0.92 % sequentially. Other income fell by -99.77 % compared to the last quarter, despite an annual growth of 0 %. Interest expenses dropped significantly by -67.39 % from the previous quarter, yet the year-over-year increase remains at a moderate 36.36 %. Depreciation costs fell by -89.71 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -73.08 %. Profit before tax grew annually by 10.69 % but saw an increase from the preceding quarter by 8.21 %.
with a more notable quarter-on-quarter decrease of -1.05 %. Net profit rose by 11.45 % year-on-year but experienced a 10.61 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 11.43 % but a quarterly rise of 10.9 %. In summary, Samyak International 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. 9.872 Cr | Rs. 24.332 Cr | Rs. 12.152 Cr | -50.06 % | + 23.1 % |
| Expenses | Rs. 7.67 Cr | Rs. 20.93 Cr | Rs. 10.34 Cr | -50.6 % | + 34.81 % |
| Operating Profit | Rs. 2.2 Cr | Rs. 3.4 Cr | Rs. 1.81 Cr | -46.76 % | -17.73 % |
| Net Profit | Rs. 1.31 Cr | Rs. 1.32 Cr | Rs. 1.46 Cr | + 10.61 % | + 11.45 % |
| EPS in Rs | Rs. 2.1 | Rs. 2.11 | Rs. 2.34 | + 10.9 % | + 11.43 % |
In reviewing Samyak International Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 23.1 % year-on-year growth, although there was a slight dip of -50.06 % from the previous quarter. Expenses rose by 34.81 % compared to the previous year, with a decrease of -50.6 % quarter-on-quarter. Operating Profit dropped by -17.73 % annually, and saw a -46.76 % decrease from the last quarter.
Net Profit showed yearly increase of 11.45 %, and experienced a 10.61 % increase from the previous quarter. Earnings Per Share (EPS) rose by 11.43 % annually, however rose by 10.9 % compared to the last quarter. In essence, while Samyak International 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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