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Highlights
- Sales over the Year and quarter: Substantial increase in net sales/revenue by 52.55%.
- Income over the Year and quarter: There has been decline in other income over the past year which is -99.05% Marginal decrease of -96.3% in other income during this quarter
- Profit over the Year and quarter: Significant improvement in profitability for Sanathnagar Enterprises Limited. Notable increase of 86.20% in net profit Year to YearSanathnagar Enterprises Limited’s profitability increased by 67.18% in this quarter.
- EPS over the Year and quarter: EPS increased by 86.35% Year to Year.EPS increased by 67.24%. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.702 Cr | Rs. 1.509 Cr | Rs. 2.302 Cr | + 52.55% | + 3179.2% |
Expenses | Rs. 0.05 Cr | Rs. 0.45 Cr | Rs. 0.37 Cr | -17.78% | + 640% |
Operating Profit | Rs. 0.65 Cr | Rs. 1.06 Cr | Rs. 1.93 Cr | + 82.08% | + 196.92% |
OPM % | 92.59 % | 70.25 % | 83.84 % | + 13.59% | -8.75% |
Other Income | Rs. 1.05 Cr | Rs. 0.27 Cr | Rs. 0.01 Cr | -96.3% | -99.05% |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0% | 0% |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | + 0% | + 0% |
Profit before tax | Rs. 1.7 Cr | Rs. 1.33 Cr | Rs. 1.94 Cr | + 45.86% | + 14.12% |
Tax % | 0 % | 16.53 % | 4.89 % | -11.64% | 0% |
Net Profit | Rs. 0.99 Cr | Rs. 1.11 Cr | Rs. 1.85 Cr | + 66.67% | + 86.87% |
EPS in Rs | Rs. 3.15 | Rs. 3.51 | Rs. 5.87 | + 67.24% | + 86.35% |
Today, we’re looking at Sanathnagar Enterprises Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 3179.2%. However, it did see a marginal increase of 52.55% from the previous quarter.Expenses decreased slightly by -17.78% quarter-on-quarter, aligning with the annual rise of 640%. Operating profit, while up 196.92% compared to last year, faced a quarter-on-quarter increase of 82.08%, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -8.75%, but an expansion of 13.59% sequentially. Other income fell by -96.3% compared to the last quarter, despite an annual decline of -99.05%. Depreciation costs climbed by 0% quarter-on-quarter, whereas on an annual scale, they saw an increase of 0%. Profit before tax grew annually by 14.12% but saw an increase from the preceding quarter by 45.86%.
Tax expenses as a percentage of profits decreased slightly by -19.45% compared to last year, with a more notable quarter-on-quarter decrease of -11.64%. Net profit rose by 86.87% year-on-year but experienced a 66.67% expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 86.35% but a quarterly rise of 67.24%. In summary, Sanathnagar Enterprises 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. 0.702 Cr | Rs. 1.509 Cr | Rs. 2.302 Cr | + 52.55% | + 3179.2% |
Expenses | Rs. 0.05 Cr | Rs. 0.45 Cr | Rs. 0.37 Cr | -17.78% | + 640% |
Operating Profit | Rs. 0.65 Cr | Rs. 1.06 Cr | Rs. 1.93 Cr | + 82.08% | + 196.92% |
Net Profit | Rs. 0.99 Cr | Rs. 1.11 Cr | Rs. 1.85 Cr | + 66.67% | + 86.87% |
EPS in Rs | Rs. 3.15 | Rs. 3.51 | Rs. 5.87 | + 67.24% | + 86.35% |
In reviewing Sanathnagar Enterprises Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.62% year-on-year growth, however, there was a minor increase of 52.55% from the previous quarter. Expenses rose by 640% compared to the previous year, with a decrease of -17.78% quarter-on-quarter. Operating Profit surged by 196.92% annually, and saw a 82.08% increase from the last quarter.
Net Profit showed yearly increase of 86.87%, and experienced a 66.67% increase from the previous quarter. Earnings Per Share (EPS) rose by 86.35% annually, however rose by 67.24% compared to the last quarter. In essence, while Sanathnagar Enterprises 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.