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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 10.09 % in the past year, decrease in net sales/revenue by -0.57 %.
- 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 107.56 %. Marginal increase in other income during this quarter, up by 34.86%.
- Profit over the Year and quarter: Significant improvement in profitability for Sandhar Technologies Limited. Notable increase of 35.13 % in net profit Year to Year, Sandhar Technologies Limited’s profitability dropped by -18.96 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 35.29 % Year to Year. EPS decreased by -18.96 % 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. 828.906 Cr | Rs. 917.834 Cr | Rs. 912.567 Cr | -0.57 % | + 10.09 % |
| Expenses | Rs. 756.08 Cr | Rs. 819.79 Cr | Rs. 826.9 Cr | + 0.87 % | + 9.37 % |
| Operating Profit | Rs. 72.83 Cr | Rs. 98.04 Cr | Rs. 85.67 Cr | -12.62 % | + 17.63 % |
| OPM % | 8.79 % | 10.68 % | 9.39 % | -1.29 % | + 0.6 % |
| Other Income | Rs. 3.15 Cr | Rs. 4.848 Cr | Rs. 6.538 Cr | + 34.86 % | + 107.56 % |
| Interest | Rs. 11.37 Cr | Rs. 14.37 Cr | Rs. 14.31 Cr | -0.42 % | + 25.86 % |
| Depreciation | Rs. 34.93 Cr | Rs. 42.12 Cr | Rs. 40.75 Cr | -3.25 % | + 16.66 % |
| Profit before tax | Rs. 29.68 Cr | Rs. 46.4 Cr | Rs. 37.15 Cr | -19.94 % | + 25.17 % |
| Tax % | 27.52 % | 22.72 % | 21.74 % | -0.98 % | -5.78 % |
| Net Profit | Rs. 21.51 Cr | Rs. 35.86 Cr | Rs. 29.06 Cr | -18.96 % | + 35.1 % |
| EPS in Rs | Rs. 3.57 | Rs. 5.96 | Rs. 4.83 | -18.96 % | + 35.29 % |
Today, we’re looking at Sandhar Technologies 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 10.09 %. However, it did see a marginal slip of -0.57 % from the previous quarter. Expenses ticked up slightly by 0.87 % quarter-on-quarter, aligning with the annual rise of 9.37 %. Operating profit, while up 17.63 % compared to last year, faced a quarter-on-quarter dip of -12.62 %, 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 0.6 %, but a shrinkage of -1.29 % sequentially. Other income rose by 34.86 % compared to the last quarter, despite an annual growth of 107.56 %. Interest expenses dropped significantly by -0.42 % from the previous quarter, yet the year-over-year increase remains at a moderate 25.86 %. Depreciation costs fell by -3.25 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 16.66 %. Profit before tax grew annually by 25.17 % but saw a reduction from the preceding quarter by -19.94 %.
Tax expenses as a percentage of profits decreased slightly by -5.78 % compared to last year, with a more notable quarter-on-quarter decrease of -0.98 %. Net profit rose by 35.1 % year-on-year but witnessed a -18.96 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 35.29 % but a quarterly fall of -18.96 %. In summary, Sandhar Technologies 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. 828.906 Cr | Rs. 917.834 Cr | Rs. 912.567 Cr | -0.57 % | + 10.09 % |
| Expenses | Rs. 756.08 Cr | Rs. 819.79 Cr | Rs. 826.9 Cr | + 0.87 % | + 9.37 % |
| Operating Profit | Rs. 72.83 Cr | Rs. 98.04 Cr | Rs. 85.67 Cr | -12.62 % | + 17.63 % |
| Net Profit | Rs. 21.51 Cr | Rs. 35.86 Cr | Rs. 29.06 Cr | -18.96 % | + 35.1 % |
| EPS in Rs | Rs. 3.57 | Rs. 5.96 | Rs. 4.83 | -18.96 % | + 35.29 % |
In reviewing Sandhar Technologies Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 10.09 % year-on-year growth, although there was a slight dip of -0.57 % from the previous quarter. Expenses rose by 9.37 % compared to the previous year, with a 0.87 % increase quarter-on-quarter. Operating Profit surged by 17.63 % annually, and saw a -12.62 % decrease from the last quarter.
Net Profit showed yearly increase of 35.1 %, and experienced a -18.96 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 35.29 % annually, however dipped by -18.96 % compared to the last quarter. In essence, while Sandhar Technologies Limited 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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