Share the post "Sar Auto Products Limited : .Q4 .2024 .Quarterly Earnings: .YoY Sales Up .46.53. %, QoQ Down 4.92 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 46.53 % in the past year, decrease in net sales/revenue by -4.92 %.
- 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 200 %. Marginal increase in other income during this quarter, up by 147.06%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Sar Auto Products Limited. Profit dropped by -81.01 % Year to Year, Sar Auto Products Limited’s profitability dropped by -112.12 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -80.30 % Year to Year. EPS decreased by -112.5 % 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. 3.677 Cr | Rs. 5.667 Cr | Rs. 5.388 Cr | -4.92 % | + 46.53 % |
| Expenses | Rs. 3.47 Cr | Rs. 5.08 Cr | Rs. 5.06 Cr | -0.39 % | + 45.82 % |
| Operating Profit | Rs. 0.21 Cr | Rs. 0.59 Cr | Rs. 0.33 Cr | -44.07 % | + 57.14 % |
| OPM % | 5.71 % | 10.41 % | 6.12 % | -4.29 % | + 0.41 % |
| Other Income | Rs. 0.14 Cr | Rs. 0.17 Cr | Rs. 0.42 Cr | + 147.06 % | + 200 % |
| Interest | Rs. 0.07 Cr | Rs. 0.01 Cr | Rs. 0.05 Cr | + 400 % | -28.57 % |
| Depreciation | Rs. 0.32 Cr | Rs. 0.25 Cr | Rs. 0.4 Cr | + 60 % | + 25 % |
| Profit before tax | Rs. -0.04 Cr | Rs. 0.5 Cr | Rs. 0.3 Cr | -40 % | + 850 % |
| Tax % | -777.78 % | 0 % | 120.55 % | + 120.55 % | + 898.33 % |
| Net Profit | Rs. -0.32 Cr | Rs. 0.5 Cr | Rs. -0.06 Cr | -112 % | + 81.25 % |
| EPS in Rs | Rs. -0.66 | Rs. 1.04 | Rs. -0.13 | -112.5 % | + 80.3 % |
Today, we’re looking at Sar Auto Products Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 46.53 %. However, it did see a marginal slip of -4.92 % from the previous quarter. Expenses decreased slightly by -0.39 % quarter-on-quarter, aligning with the annual rise of 45.82 %. Operating profit, while up 57.14 % compared to last year, faced a quarter-on-quarter dip of -44.07 %, 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 0.41 %, but a shrinkage of -4.29 % sequentially. Other income rose by 147.06 % compared to the last quarter, despite an annual growth of 200 %. Interest expenses surged remarkably by 400 % from the previous quarter, yet the year-over-year decrease remains at a moderate -28.57 %. Depreciation costs climbed by 60 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 25 %. Profit before tax grew annually by 850 % but saw a reduction from the preceding quarter by -40 %.
Tax expenses as a percentage of profits increased slightly by 898.33 % compared to last year, with a more notable quarter-on-quarter increase of 120.55 %. Net profit rose by 81.25 % year-on-year but witnessed a -112 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 80.3 % but a quarterly fall of -112.5 %. In summary, Sar Auto Products 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. 3.677 Cr | Rs. 5.667 Cr | Rs. 5.388 Cr | -4.92 % | + 46.53 % |
| Expenses | Rs. 3.47 Cr | Rs. 5.08 Cr | Rs. 5.06 Cr | -0.39 % | + 45.82 % |
| Operating Profit | Rs. 0.21 Cr | Rs. 0.59 Cr | Rs. 0.33 Cr | -44.07 % | + 57.14 % |
| Net Profit | Rs. -0.32 Cr | Rs. 0.5 Cr | Rs. -0.06 Cr | -112 % | + 81.25 % |
| EPS in Rs | Rs. -0.66 | Rs. 1.04 | Rs. -0.13 | -112.5 % | + 80.3 % |
In reviewing Sar Auto Products Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 46.53 % year-on-year growth, although there was a slight dip of -4.92 % from the previous quarter. Expenses rose by 45.82 % compared to the previous year, with a decrease of -0.39 % quarter-on-quarter. Operating Profit surged by 57.14 % annually, and saw a -44.07 % decrease from the last quarter.
Net Profit showed yearly increase of 81.25 %, and experienced a -112 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 80.3 % annually, however dipped by -112.5 % compared to the last quarter. In essence, while Sar Auto Products Limited 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.
