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Highlights
- Sales over the Year and quarter: The company’s sales declined by -17.38 % over the year, decrease in net sales/revenue by -3.91 %.
- 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 139.38 %. Marginal increase in other income during this quarter, up by 23.92%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Sarda Energy & Minerals Ltd. Profit dropped by -23.43 % Year to Year, Sarda Energy & Minerals Ltd’s profitability dropped by -23.12 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -92.21 % Year to Year. EPS decreased by -19.28 % 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. 1076.27 Cr | Rs. 925.39 Cr | Rs. 889.25 Cr | -3.91 % | -17.38 % |
Expenses | Rs. 862.22 Cr | Rs. 737.2 Cr | Rs. 736.92 Cr | -0.04 % | -14.53 % |
Operating Profit | Rs. 214.05 Cr | Rs. 188.19 Cr | Rs. 152.33 Cr | -19.06 % | -28.83 % |
OPM % | 19.89 % | 20.34 % | 17.13 % | -3.21 % | -2.76 % |
Other Income | Rs. 22.98 Cr | Rs. 44.39 Cr | Rs. 55.01 Cr | + 23.92 % | + 139.38 % |
Interest | Rs. 27.6 Cr | Rs. 34.13 Cr | Rs. 27.57 Cr | -19.22 % | -0.11 % |
Depreciation | Rs. 45.29 Cr | Rs. 46.41 Cr | Rs. 46.27 Cr | -0.3 % | + 2.16 % |
Profit before tax | Rs. 164.14 Cr | Rs. 152.04 Cr | Rs. 133.5 Cr | -12.19 % | -18.67 % |
Tax % | 29.88 % | 25.03 % | 36.78 % | + 11.75 % | + 6.9 % |
Net Profit | Rs. 114.91 Cr | Rs. 114.45 Cr | Rs. 87.99 Cr | -23.12 % | -23.43 % |
EPS in Rs | Rs. 34.41 | Rs. 3.32 | Rs. 2.68 | -19.28 % | -92.21 % |
Today, we’re looking at Sarda Energy & Minerals Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -17.38 %. However, it did see a marginal slip of -3.91 % from the previous quarter. Expenses decreased slightly by -0.04 % quarter-on-quarter, aligning with the annual decline of -14.53 %. Operating profit, while down -28.83 % compared to last year, faced a quarter-on-quarter dip of -19.06 %, 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 -2.76 %, but a shrinkage of -3.21 % sequentially. Other income rose by 23.92 % compared to the last quarter, despite an annual growth of 139.38 %. Interest expenses dropped significantly by -19.22 % from the previous quarter, yet the year-over-year decrease remains at a moderate -0.11 %. Depreciation costs fell by -0.3 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 2.16 %. Profit before tax declined annually by -18.67 % but saw a reduction from the preceding quarter by -12.19 %.
Tax expenses as a percentage of profits increased slightly by 6.9 % compared to last year, with a more notable quarter-on-quarter increase of 11.75 %. Net profit fell by -23.43 % year-on-year but witnessed a -23.12 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -92.21 % but a quarterly fall of -19.28 %. In summary, Sarda Energy & Minerals 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. 1076.27 Cr | Rs. 925.39 Cr | Rs. 889.25 Cr | -3.91 % | -17.38 % |
Expenses | Rs. 862.22 Cr | Rs. 737.2 Cr | Rs. 736.92 Cr | -0.04 % | -14.53 % |
Operating Profit | Rs. 214.05 Cr | Rs. 188.19 Cr | Rs. 152.33 Cr | -19.06 % | -28.83 % |
Net Profit | Rs. 114.91 Cr | Rs. 114.45 Cr | Rs. 87.99 Cr | -23.12 % | -23.43 % |
EPS in Rs | Rs. 34.41 | Rs. 3.32 | Rs. 2.68 | -19.28 % | -92.21 % |
In reviewing Sarda Energy & Minerals Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -17.38 % year-on-year, although there was a slight dip of -3.91 % from the previous quarter. Expenses decreased by -14.53 % compared to the previous year, with a decrease of -0.04 % quarter-on-quarter. Operating Profit dropped by -28.83 % annually, and saw a -19.06 % decrease from the last quarter.
Net Profit showed yearly decrease of -23.43 %, and experienced a -23.12 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -92.21 % annually, however dipped by -19.28 % compared to the last quarter. In essence, while Sarda Energy & Minerals Ltd 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.