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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’s sales declined by -2.65 % over the year, substantial increase in net sales/revenue by 36.28 %.
- Profit over the Year and quarter: Significant improvement in profitability for Santosh Fine-Fab Ltd.. Notable increase of 107.95 % in net profit Year to Year, Santosh Fine-Fab Ltd.’s profitability dropped by -69.95 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 108.00 % Year to Year. EPS decreased by -70.45 % 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. 3.473 Cr | Rs. 2.481 Cr | Rs. 3.381 Cr | + 36.28 % | -2.65 % |
| Expenses | Rs. 3.4 Cr | Rs. 3.04 Cr | Rs. 3.46 Cr | + 13.82 % | + 1.76 % |
| Operating Profit | Rs. 0.07 Cr | Rs. -0.56 Cr | Rs. -0.08 Cr | + 85.71 % | -214.29 % |
| OPM % | 2.02 % | -22.57 % | -2.37 % | + 20.2 % | -4.39 % |
| Other Income | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Interest | Rs. 0.14 Cr | Rs. 0.16 Cr | Rs. 0.12 Cr | -25 % | -14.29 % |
| Depreciation | Rs. 0.05 Cr | Rs. 0.05 Cr | Rs. 0.05 Cr | + 0 % | + 0 % |
| Profit before tax | Rs. -0.12 Cr | Rs. -0.77 Cr | Rs. -0.25 Cr | + 67.53 % | -108.33 % |
| Tax % | -26.05 % | -21.42 % | -26.21 % | -4.79 % | -0.16 % |
| Net Profit | Rs. -0.09 Cr | Rs. -0.61 Cr | Rs. -0.18 Cr | + 70.49 % | -100 % |
| EPS in Rs | Rs. -0.25 | Rs. -1.76 | Rs. -0.52 | + 70.45 % | -108 % |
Today, we’re looking at Santosh Fine-Fab Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -2.65 %. However, it did see a marginal increase of 36.28 % from the previous quarter. Expenses ticked up slightly by 13.82 % quarter-on-quarter, aligning with the annual rise of 1.76 %. Operating profit, while down -214.29 % compared to last year, faced a quarter-on-quarter increase of 85.71 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -4.39 %, but an expansion of 20.2 % sequentially. Interest expenses dropped significantly by -25 % from the previous quarter, yet the year-over-year decrease remains at a moderate -14.29 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -108.33 % but saw an increase from the preceding quarter by 67.53 %.
Tax expenses as a percentage of profits decreased slightly by -0.16 % compared to last year, with a more notable quarter-on-quarter decrease of -4.79 %. Net profit fell by -100 % year-on-year but experienced a 70.49 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -108 % but a quarterly rise of 70.45 %. In summary, Santosh Fine-Fab 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. 3.473 Cr | Rs. 2.481 Cr | Rs. 3.381 Cr | + 36.28 % | -2.65 % |
| Expenses | Rs. 3.4 Cr | Rs. 3.04 Cr | Rs. 3.46 Cr | + 13.82 % | + 1.76 % |
| Operating Profit | Rs. 0.07 Cr | Rs. -0.56 Cr | Rs. -0.08 Cr | + 85.71 % | -214.29 % |
| Net Profit | Rs. -0.09 Cr | Rs. -0.61 Cr | Rs. -0.18 Cr | + 70.49 % | -100 % |
| EPS in Rs | Rs. -0.25 | Rs. -1.76 | Rs. -0.52 | + 70.45 % | -108 % |
In reviewing Santosh Fine-Fab Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -2.65 % year-on-year, however, there was a minor increase of 36.28 % from the previous quarter. Expenses rose by 1.76 % compared to the previous year, with a 13.82 % increase quarter-on-quarter. Operating Profit dropped by -214.29 % annually, and saw a 85.71 % increase from the last quarter.
Net Profit showed yearly decrease of -100 %, and experienced a 70.49 % increase from the previous quarter. Earnings Per Share (EPS) fell by -108 % annually, however rose by 70.45 % compared to the last quarter. In essence, while Santosh Fine-Fab Ltd. faces strong annual decline 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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