Saregama India : Q4 2024 Financial Quarterly Report : YoY Sales Up 26.83 %, QoQ Up 28.78 %

The comprehensive analytics outlining the performance and outlook of Saregama India 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.

Today, we’re looking at Saregama India 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 26.83 %. However, it did see a marginal increase of 28.78 % from the previous quarter. Expenses ticked up slightly by 39.23 % quarter-on-quarter, aligning with the annual rise of 21.85 %. Operating profit, while up 42.9 % compared to last year, faced a quarter-on-quarter increase of 6.71 %, 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 3 %, but a shrinkage of -5.51 % sequentially. Other income rose by 20.19 % compared to the last quarter, despite an annual decline of -27.15 %. Interest expenses dropped significantly by -69.42 % from the previous quarter, yet the year-over-year decrease remains at a moderate -78.36 %. Depreciation costs climbed by 24.87 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 78.46 %. Profit before tax grew annually by 16.13 % but saw an increase from the preceding quarter by 8.49 %.
Tax expenses as a percentage of profits increased slightly by 4.21 % compared to last year, with a more notable quarter-on-quarter increase of 3.81 %. Net profit rose by 9.62 % year-on-year but experienced a 2.96 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 23.35 % but a quarterly rise of 2.94 %. In summary, Saregama India Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Saregama India Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 26.83 % year-on-year growth, however, there was a minor increase of 28.78 % from the previous quarter. Expenses rose by 21.85 % compared to the previous year, with a 39.23 % increase quarter-on-quarter. Operating Profit surged by 42.9 % annually, and saw a 6.71 % increase from the last quarter.
Net Profit showed yearly increase of 9.62 %, and experienced a 2.96 % increase from the previous quarter. Earnings Per Share (EPS) rose by 23.35 % annually, however rose by 2.94 % compared to the last quarter. In essence, while Saregama India 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.