Latest Quarterly Result Sanghi Industries Ltd.’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 26.23 % in YoY and increased by 50.64 % in QoQ

Sanghi Industries Ltd.’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 26.23 % in YoY and increased by 50.64 % in QoQ

Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 26.23 % in the past year, substantial increase in net sales/revenue by 50.64 %.
  • 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 158.21 %. Marginal increase in other income during this quarter, up by 242.57%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Sanghi Industries Ltd.. Profit dropped by -81.81 % Year to Year, Sanghi Industries Ltd.’s profitability dropped by -90.56 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -82.13 % Year to Year. EPS decreased by -90.51 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Sanghi Industries Ltd.”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 225.67 Cr Rs. 189.11 Cr Rs. 284.87 Cr + 50.64 % + 26.23 %
Expenses Rs. 238.31 Cr Rs. 211.89 Cr Rs. 226.05 Cr + 6.68 % -5.14 %
Operating Profit Rs. -12.64 Cr Rs. -22.78 Cr Rs. 58.82 Cr + 358.21 % + 565.35 %
OPM % -5.6 % -12.05 % 20.65 % + 32.7 % + 26.25 %
Other Income Rs. 1.34 Cr Rs. 1.01 Cr Rs. 3.46 Cr + 242.57 % + 158.21 %
Interest Rs. 70.14 Cr Rs. 89.89 Cr Rs. 42.16 Cr -53.1 % -39.89 %
Depreciation Rs. 23.12 Cr Rs. 30.81 Cr Rs. 25.42 Cr -17.49 % + 9.95 %
Profit before tax Rs. -104.56 Cr Rs. -142.47 Cr Rs. -5.3 Cr + 96.28 % + 94.93 %
Tax % -0 % -0.1 % -0 % + 0.1 % 0 %
Net Profit Rs. -104.56 Cr Rs. -201.55 Cr Rs. -19.02 Cr + 90.56 % + 81.81 %
EPS in Rs Rs. -4.14 Rs. -7.8 Rs. -0.74 + 90.51 % + 82.13 %


Today, we’re looking at Sanghi Industries Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 26.23 %. However, it did see a marginal increase of 50.64 % from the previous quarter. Expenses ticked up slightly by 6.68 % quarter-on-quarter, aligning with the annual decline of -5.14 %. Operating profit, while up 565.35 % compared to last year, faced a quarter-on-quarter increase of 358.21 %, 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 26.25 %, but an expansion of 32.7 % sequentially. Other income rose by 242.57 % compared to the last quarter, despite an annual growth of 158.21 %. Interest expenses dropped significantly by -53.1 % from the previous quarter, yet the year-over-year decrease remains at a moderate -39.89 %. Depreciation costs fell by -17.49 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 9.95 %. Profit before tax grew annually by 94.93 % but saw an increase from the preceding quarter by 96.28 %.
with a more notable quarter-on-quarter increase of 0.1 %. Net profit rose by 81.81 % year-on-year but experienced a 90.56 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 82.13 % but a quarterly rise of 90.51 %. In summary, Sanghi Industries 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. 225.67 Cr Rs. 189.11 Cr Rs. 284.87 Cr + 50.64 % + 26.23 %
Expenses Rs. 238.31 Cr Rs. 211.89 Cr Rs. 226.05 Cr + 6.68 % -5.14 %
Operating Profit Rs. -12.64 Cr Rs. -22.78 Cr Rs. 58.82 Cr + 358.21 % + 565.35 %
Net Profit Rs. -104.56 Cr Rs. -201.55 Cr Rs. -19.02 Cr + 90.56 % + 81.81 %
EPS in Rs Rs. -4.14 Rs. -7.8 Rs. -0.74 + 90.51 % + 82.13 %


In reviewing Sanghi Industries Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 26.23 % year-on-year growth, however, there was a minor increase of 50.64 % from the previous quarter. Expenses decreased by -5.14 % compared to the previous year, with a 6.68 % increase quarter-on-quarter. Operating Profit surged by 565.35 % annually, and saw a 358.21 % increase from the last quarter.
Net Profit showed yearly increase of 81.81 %, and experienced a 90.56 % increase from the previous quarter. Earnings Per Share (EPS) rose by 82.13 % annually, however rose by 90.51 % compared to the last quarter. In essence, while Sanghi Industries Ltd. 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.

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