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Highlights
- Sales over the Year and quarter: The company’s sales declined by -18.54 % over the year, substantial increase in net sales/revenue by 6.86 %.
- 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 11.9 %. Marginal increase in other income during this quarter, up by 193.75%.
- Profit over the Year and quarter: Significant improvement in profitability for Sangal Papers Ltd.. Notable increase of 38.14 % in net profit Year to Year, Sangal Papers Ltd.’s profitability dropped by -25.11 % Quarter to Quarter.
- EPS over the Year and quarter:
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 59.765 Cr | Rs. 45.56 Cr | Rs. 48.684 Cr | + 6.86 % | -18.54 % |
Expenses | Rs. 58.28 Cr | Rs. 43.1 Cr | Rs. 46.75 Cr | + 8.47 % | -19.78 % |
Operating Profit | Rs. 1.49 Cr | Rs. 2.46 Cr | Rs. 1.93 Cr | -21.54 % | + 29.53 % |
OPM % | 2.49 % | 5.4 % | 3.96 % | -1.44 % | + 1.47 % |
Other Income | Rs. 0.42 Cr | Rs. 0.16 Cr | Rs. 0.47 Cr | + 193.75 % | + 11.9 % |
Interest | Rs. 0.6 Cr | Rs. 0.65 Cr | Rs. 0.66 Cr | + 1.54 % | + 10 % |
Depreciation | Rs. 0.49 Cr | Rs. 0.44 Cr | Rs. 0.39 Cr | -11.36 % | -20.41 % |
Profit before tax | Rs. 0.82 Cr | Rs. 1.53 Cr | Rs. 1.35 Cr | -11.76 % | + 64.63 % |
Tax % | 24.18 % | 24.33 % | 36.43 % | + 12.1 % | + 12.25 % |
Net Profit | Rs. 0.62 Cr | Rs. 1.15 Cr | Rs. 0.86 Cr | -25.22 % | + 38.71 % |
EPS in Rs | Rs. 4.77 | Rs. 8.8 | Rs. 0 | 0 % | 0 % |
Today, we’re looking at Sangal Papers 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 -18.54 %. However, it did see a marginal increase of 6.86 % from the previous quarter. Expenses ticked up slightly by 8.47 % quarter-on-quarter, aligning with the annual decline of -19.78 %. Operating profit, while up 29.53 % compared to last year, faced a quarter-on-quarter dip of -21.54 %, 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 1.47 %, but a shrinkage of -1.44 % sequentially. Other income rose by 193.75 % compared to the last quarter, despite an annual growth of 11.9 %. Interest expenses surged remarkably by 1.54 % from the previous quarter, yet the year-over-year increase remains at a moderate 10 %. Depreciation costs fell by -11.36 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -20.41 %. Profit before tax grew annually by 64.63 % but saw a reduction from the preceding quarter by -11.76 %.
Tax expenses as a percentage of profits increased slightly by 12.25 % compared to last year, with a more notable quarter-on-quarter increase of 12.1 %. Net profit rose by 38.71 % year-on-year but witnessed a -25.22 % contraction from the last quarter. In summary, Sangal Papers 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. 59.765 Cr | Rs. 45.56 Cr | Rs. 48.684 Cr | + 6.86 % | -18.54 % |
Expenses | Rs. 58.28 Cr | Rs. 43.1 Cr | Rs. 46.75 Cr | + 8.47 % | -19.78 % |
Operating Profit | Rs. 1.49 Cr | Rs. 2.46 Cr | Rs. 1.93 Cr | -21.54 % | + 29.53 % |
Net Profit | Rs. 0.62 Cr | Rs. 1.15 Cr | Rs. 0.86 Cr | -25.22 % | + 38.71 % |
EPS in Rs | Rs. 4.77 | Rs. 8.8 | Rs. 0 | 0 % | 0 % |
In reviewing Sangal Papers Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -18.54 % year-on-year, however, there was a minor increase of 6.86 % from the previous quarter. Expenses decreased by -19.78 % compared to the previous year, with a 8.47 % increase quarter-on-quarter. Operating Profit surged by 29.53 % annually, and saw a -21.54 % decrease from the last quarter.
Net Profit showed yearly increase of 38.71 %, and experienced a -25.22 % decrease from the previous quarter. In essence, while Sangal Papers 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.