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Highlights
- Sales over the Year and quarter: The company’s sales declined by -68.58 % over the year, decrease in net sales/revenue by -17.58 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -12.5 %, Marginal increase in other income during this quarter, up by 7.06%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Sarthak Industries Ltd.. Profit dropped by -86.95 % Year to Year, Sarthak Industries Ltd.’s profitability dropped by -73.06 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -86.36 % Year to Year. EPS decreased by -71.88 % 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. 19.992 Cr | Rs. 7.621 Cr | Rs. 6.281 Cr | -17.58 % | -68.58 % |
Expenses | Rs. 19.74 Cr | Rs. 7.84 Cr | Rs. 6.75 Cr | -13.9 % | -65.81 % |
Operating Profit | Rs. 0.25 Cr | Rs. -0.22 Cr | Rs. -0.47 Cr | -113.64 % | -288 % |
OPM % | 1.25 % | -2.89 % | -7.48 % | -4.59 % | -8.73 % |
Other Income | Rs. 1.04 Cr | Rs. 0.85 Cr | Rs. 0.91 Cr | + 7.06 % | -12.5 % |
Interest | Rs. 0.3 Cr | Rs. 0.11 Cr | Rs. 0.22 Cr | + 100 % | -26.67 % |
Depreciation | Rs. 0.18 Cr | Rs. 0.12 Cr | Rs. 0.12 Cr | + 0 % | -33.33 % |
Profit before tax | Rs. 0.81 Cr | Rs. 0.4 Cr | Rs. 0.1 Cr | -75 % | -87.65 % |
Tax % | 25.18 % | 25.19 % | 21.57 % | -3.62 % | -3.61 % |
Net Profit | Rs. 0.61 Cr | Rs. 0.3 Cr | Rs. 0.08 Cr | -73.33 % | -86.89 % |
EPS in Rs | Rs. 0.66 | Rs. 0.32 | Rs. 0.09 | -71.88 % | -86.36 % |
Today, we’re looking at Sarthak Industries 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 -68.58 %. However, it did see a marginal slip of -17.58 % from the previous quarter. Expenses decreased slightly by -13.9 % quarter-on-quarter, aligning with the annual decline of -65.81 %. Operating profit, while down -288 % compared to last year, faced a quarter-on-quarter dip of -113.64 %, 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 -8.73 %, but a shrinkage of -4.59 % sequentially. Other income rose by 7.06 % compared to the last quarter, despite an annual decline of -12.5 %. Interest expenses surged remarkably by 100 % from the previous quarter, yet the year-over-year decrease remains at a moderate -26.67 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -33.33 %. Profit before tax declined annually by -87.65 % but saw a reduction from the preceding quarter by -75 %.
Tax expenses as a percentage of profits decreased slightly by -3.61 % compared to last year, with a more notable quarter-on-quarter decrease of -3.62 %. Net profit fell by -86.89 % year-on-year but witnessed a -73.33 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -86.36 % but a quarterly fall of -71.88 %. In summary, Sarthak Industries 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. 19.992 Cr | Rs. 7.621 Cr | Rs. 6.281 Cr | -17.58 % | -68.58 % |
Expenses | Rs. 19.74 Cr | Rs. 7.84 Cr | Rs. 6.75 Cr | -13.9 % | -65.81 % |
Operating Profit | Rs. 0.25 Cr | Rs. -0.22 Cr | Rs. -0.47 Cr | -113.64 % | -288 % |
Net Profit | Rs. 0.61 Cr | Rs. 0.3 Cr | Rs. 0.08 Cr | -73.33 % | -86.89 % |
EPS in Rs | Rs. 0.66 | Rs. 0.32 | Rs. 0.09 | -71.88 % | -86.36 % |
In reviewing Sarthak Industries Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -68.58 % year-on-year, although there was a slight dip of -17.58 % from the previous quarter. Expenses decreased by -65.81 % compared to the previous year, with a decrease of -13.9 % quarter-on-quarter. Operating Profit dropped by -288 % annually, and saw a -113.64 % decrease from the last quarter.
Net Profit showed yearly decrease of -86.89 %, and experienced a -73.33 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -86.36 % annually, however dipped by -71.88 % compared to the last quarter. In essence, while Sarthak Industries 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.