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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 7.38 % in the past year, decrease in net sales/revenue by -3.1 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -71.96 %, Marginal decrease of -80.56% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Sangam (India) Limited. Profit dropped by -30.75 % Year to Year, Sangam (India) Limited’s profitability dropped by -62.2 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -31.43 % Year to Year. EPS decreased by -62.2 % 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. 628.71 Cr | Rs. 696.68 Cr | Rs. 675.1 Cr | -3.1 % | + 7.38 % |
Expenses | Rs. 585.82 Cr | Rs. 634.76 Cr | Rs. 624.22 Cr | -1.66 % | + 6.55 % |
Operating Profit | Rs. 42.89 Cr | Rs. 61.92 Cr | Rs. 50.88 Cr | -17.83 % | + 18.63 % |
OPM % | 6.82 % | 8.89 % | 7.54 % | -1.35 % | + 0.72 % |
Other Income | Rs. 2.96 Cr | Rs. 4.27 Cr | Rs. 0.83 Cr | -80.56 % | -71.96 % |
Interest | Rs. 14.9 Cr | Rs. 22.35 Cr | Rs. 23.71 Cr | + 6.09 % | + 59.13 % |
Depreciation | Rs. 20.79 Cr | Rs. 26.12 Cr | Rs. 25.87 Cr | -0.96 % | + 24.43 % |
Profit before tax | Rs. 10.16 Cr | Rs. 17.72 Cr | Rs. 2.13 Cr | -87.98 % | -79.04 % |
Tax % | 31.5 % | 28.05 % | 126.29 % | + 98.24 % | + 94.79 % |
Net Profit | Rs. 6.96 Cr | Rs. 12.75 Cr | Rs. 4.82 Cr | -62.2 % | -30.75 % |
EPS in Rs | Rs. 1.4 | Rs. 2.54 | Rs. 0.96 | -62.2 % | -31.43 % |
Today, we’re looking at Sangam (India) Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 7.38 %. However, it did see a marginal slip of -3.1 % from the previous quarter. Expenses decreased slightly by -1.66 % quarter-on-quarter, aligning with the annual rise of 6.55 %. Operating profit, while up 18.63 % compared to last year, faced a quarter-on-quarter dip of -17.83 %, 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 0.72 %, but a shrinkage of -1.35 % sequentially. Other income fell by -80.56 % compared to the last quarter, despite an annual decline of -71.96 %. Interest expenses surged remarkably by 6.09 % from the previous quarter, yet the year-over-year increase remains at a moderate 59.13 %. Depreciation costs fell by -0.96 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 24.43 %. Profit before tax declined annually by -79.04 % but saw a reduction from the preceding quarter by -87.98 %.
Tax expenses as a percentage of profits increased slightly by 94.79 % compared to last year, with a more notable quarter-on-quarter increase of 98.24 %. Net profit fell by -30.75 % year-on-year but witnessed a -62.2 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -31.43 % but a quarterly fall of -62.2 %. In summary, Sangam (India) 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. 628.71 Cr | Rs. 696.68 Cr | Rs. 675.1 Cr | -3.1 % | + 7.38 % |
Expenses | Rs. 585.82 Cr | Rs. 634.76 Cr | Rs. 624.22 Cr | -1.66 % | + 6.55 % |
Operating Profit | Rs. 42.89 Cr | Rs. 61.92 Cr | Rs. 50.88 Cr | -17.83 % | + 18.63 % |
Net Profit | Rs. 6.96 Cr | Rs. 12.75 Cr | Rs. 4.82 Cr | -62.2 % | -30.75 % |
EPS in Rs | Rs. 1.4 | Rs. 2.54 | Rs. 0.96 | -62.2 % | -31.43 % |
In reviewing Sangam (India) Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7.38 % year-on-year growth, although there was a slight dip of -3.1 % from the previous quarter. Expenses rose by 6.55 % compared to the previous year, with a decrease of -1.66 % quarter-on-quarter. Operating Profit surged by 18.63 % annually, and saw a -17.83 % decrease from the last quarter.
Net Profit showed yearly decrease of -30.75 %, and experienced a -62.2 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -31.43 % annually, however dipped by -62.2 % compared to the last quarter. In essence, while Sangam (India) Limited faces strong annual decline 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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