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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 19.98 % in the past year, substantial increase in net sales/revenue by 3.18 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -60.26 %, Marginal increase in other income during this quarter, up by 7.02%.
- Profit over the Year and quarter: Significant improvement in profitability for Sandhar Technologies Limited. Notable increase of 45.1 % in net profit Year to Year, Sandhar Technologies Limited’s profitability increased by 41.39 % in this quarter.
- EPS over the Year and quarter: EPS increased by 45.01 % Year to Year. EPS increased by 41.57 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 764.971 Cr | Rs. 889.523 Cr | Rs. 917.834 Cr | + 3.18 % | + 19.98 % |
Expenses | Rs. 697.46 Cr | Rs. 800.92 Cr | Rs. 819.79 Cr | + 2.36 % | + 17.54 % |
Operating Profit | Rs. 67.51 Cr | Rs. 88.6 Cr | Rs. 98.04 Cr | + 10.65 % | + 45.22 % |
OPM % | 8.83 % | 9.96 % | 10.68 % | + 0.72 % | + 1.85 % |
Other Income | Rs. 6.14 Cr | Rs. 2.28 Cr | Rs. 2.44 Cr | + 7.02 % | -60.26 % |
Interest | Rs. 10.98 Cr | Rs. 13.13 Cr | Rs. 14.37 Cr | + 9.44 % | + 30.87 % |
Depreciation | Rs. 32.55 Cr | Rs. 39.72 Cr | Rs. 42.12 Cr | + 6.04 % | + 29.4 % |
Profit before tax | Rs. 30.12 Cr | Rs. 38.03 Cr | Rs. 43.99 Cr | + 15.67 % | + 46.05 % |
Tax % | 22.29 % | 34.4 % | 22.72 % | -11.68 % | + 0.43 % |
Net Profit | Rs. 24.72 Cr | Rs. 25.37 Cr | Rs. 35.86 Cr | + 41.35 % | + 45.06 % |
EPS in Rs | Rs. 4.11 | Rs. 4.21 | Rs. 5.96 | + 41.57 % | + 45.01 % |
Today, we’re looking at Sandhar Technologies 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 19.98 %. However, it did see a marginal increase of 3.18 % from the previous quarter. Expenses ticked up slightly by 2.36 % quarter-on-quarter, aligning with the annual rise of 17.54 %. Operating profit, while up 45.22 % compared to last year, faced a quarter-on-quarter increase of 10.65 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 1.85 %, but an expansion of 0.72 % sequentially. Other income rose by 7.02 % compared to the last quarter, despite an annual decline of -60.26 %. Interest expenses surged remarkably by 9.44 % from the previous quarter, yet the year-over-year increase remains at a moderate 30.87 %. Depreciation costs climbed by 6.04 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 29.4 %. Profit before tax grew annually by 46.05 % but saw an increase from the preceding quarter by 15.67 %.
Tax expenses as a percentage of profits increased slightly by 0.43 % compared to last year, with a more notable quarter-on-quarter decrease of -11.68 %. Net profit rose by 45.06 % year-on-year but experienced a 41.35 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 45.01 % but a quarterly rise of 41.57 %. 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. 764.971 Cr | Rs. 889.523 Cr | Rs. 917.834 Cr | + 3.18 % | + 19.98 % |
Expenses | Rs. 697.46 Cr | Rs. 800.92 Cr | Rs. 819.79 Cr | + 2.36 % | + 17.54 % |
Operating Profit | Rs. 67.51 Cr | Rs. 88.6 Cr | Rs. 98.04 Cr | + 10.65 % | + 45.22 % |
Net Profit | Rs. 24.72 Cr | Rs. 25.37 Cr | Rs. 35.86 Cr | + 41.35 % | + 45.06 % |
EPS in Rs | Rs. 4.11 | Rs. 4.21 | Rs. 5.96 | + 41.57 % | + 45.01 % |
In reviewing Sandhar Technologies Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 19.98 % year-on-year growth, however, there was a minor increase of 3.18 % from the previous quarter. Expenses rose by 17.54 % compared to the previous year, with a 2.36 % increase quarter-on-quarter. Operating Profit surged by 45.22 % annually, and saw a 10.65 % increase from the last quarter.
Net Profit showed yearly increase of 45.06 %, and experienced a 41.35 % increase from the previous quarter. Earnings Per Share (EPS) rose by 45.01 % annually, however rose by 41.57 % compared to the last quarter. In essence, while Sandhar Technologies 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.