Highlights
- Sales over the Year and quarter: The company’s sales declined by -44.83 % over the year, substantial increase in net sales/revenue by 2.29 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is %, Marginal decrease of % in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Sanmit Infra Limited. Profit dropped by -83 % Year to Year, Sanmit Infra Limited’s profitability dropped by -77.29 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -85.00 % Year to Year. EPS decreased by -80 % 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. 40.211 Cr | Rs. 21.686 Cr | Rs. 22.183 Cr | + 2.29 % | -44.83 % |
| Expenses | Rs. 35.16 Cr | Rs. 17.47 Cr | Rs. 20.89 Cr | + 19.58 % | -40.59 % |
| Operating Profit | Rs. 5.05 Cr | Rs. 4.22 Cr | Rs. 1.29 Cr | -69.43 % | -74.46 % |
| OPM % | 12.56 % | 19.46 % | 5.82 % | -13.64 % | -6.74 % |
| Other Income | Rs. 0 Cr | Rs. 0 Cr | Rs. 0.3 Cr | 0 % | 0 % |
| Interest | Rs. 0.21 Cr | Rs. 0.29 Cr | Rs. 0.27 Cr | -6.9 % | + 28.57 % |
| Depreciation | Rs. 0.35 Cr | Rs. 0.59 Cr | Rs. 0.74 Cr | + 25.42 % | + 111.43 % |
| Profit before tax | Rs. 4.49 Cr | Rs. 3.34 Cr | Rs. 0.58 Cr | -82.63 % | -87.08 % |
| Tax % | 30.01 % | 29.32 % | 8.52 % | -20.8 % | -21.49 % |
| Net Profit | Rs. 3.15 Cr | Rs. 2.36 Cr | Rs. 0.54 Cr | -77.12 % | -82.86 % |
| EPS in Rs | Rs. 0.2 | Rs. 0.15 | Rs. 0.03 | -80 % | -85 % |
Today, we’re looking at Sanmit Infra Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -44.83 %. However, it did see a marginal increase of 2.29 % from the previous quarter. Expenses ticked up slightly by 19.58 % quarter-on-quarter, aligning with the annual decline of -40.59 %. Operating profit, while down -74.46 % compared to last year, faced a quarter-on-quarter dip of -69.43 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -6.74 %, but a shrinkage of -13.64 % sequentially. Interest expenses dropped significantly by -6.9 % from the previous quarter, yet the year-over-year increase remains at a moderate 28.57 %. Depreciation costs climbed by 25.42 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 111.43 %. Profit before tax declined annually by -87.08 % but saw a reduction from the preceding quarter by -82.63 %.
Tax expenses as a percentage of profits decreased slightly by -21.49 % compared to last year, with a more notable quarter-on-quarter decrease of -20.8 %. Net profit fell by -82.86 % year-on-year but witnessed a -77.12 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -85 % but a quarterly fall of -80 %. In summary, Sanmit Infra 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. 40.211 Cr | Rs. 21.686 Cr | Rs. 22.183 Cr | + 2.29 % | -44.83 % |
| Expenses | Rs. 35.16 Cr | Rs. 17.47 Cr | Rs. 20.89 Cr | + 19.58 % | -40.59 % |
| Operating Profit | Rs. 5.05 Cr | Rs. 4.22 Cr | Rs. 1.29 Cr | -69.43 % | -74.46 % |
| Net Profit | Rs. 3.15 Cr | Rs. 2.36 Cr | Rs. 0.54 Cr | -77.12 % | -82.86 % |
| EPS in Rs | Rs. 0.2 | Rs. 0.15 | Rs. 0.03 | -80 % | -85 % |
In reviewing Sanmit Infra Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -44.83 % year-on-year, however, there was a minor increase of 2.29 % from the previous quarter. Expenses decreased by -40.59 % compared to the previous year, with a 19.58 % increase quarter-on-quarter. Operating Profit dropped by -74.46 % annually, and saw a -69.43 % decrease from the last quarter.
Net Profit showed yearly decrease of -82.86 %, and experienced a -77.12 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -85 % annually, however dipped by -80 % compared to the last quarter. In essence, while Sanmit Infra 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.
