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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -84.95 % over the year, decrease in net sales/revenue by -71.18 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -48.28 %, Marginal increase in other income during this quarter, up by 40.54%.
- Profit over the Year and quarter: Challenges in sustaining profitability for SATCHMO HOLDINGS LIMITED. Profit dropped by -7.56 % Year to Year, SATCHMO HOLDINGS LIMITED’s profitability increased by 150.64 % in this quarter.
- EPS over the Year and quarter: EPS declined by -7.80 % Year to Year. EPS increased by 151.25 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 12.16 Cr | Rs. 6.35 Cr | Rs. 1.83 Cr | -71.18 % | -84.95 % |
| Expenses | Rs. 44.18 Cr | Rs. 19.31 Cr | Rs. 5.73 Cr | -70.33 % | -87.03 % |
| Operating Profit | Rs. -32.02 Cr | Rs. -12.96 Cr | Rs. -3.9 Cr | + 69.91 % | + 87.82 % |
| OPM % | -263.32 % | -204.09 % | -213.11 % | -9.02 % | + 50.21 % |
| Other Income | Rs. 64.35 Cr | Rs. 23.68 Cr | Rs. 33.28 Cr | + 40.54 % | -48.28 % |
| Interest | Rs. 0.35 Cr | Rs. 0.07 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.02 Cr | Rs. 0.04 Cr | Rs. 0.03 Cr | -25 % | + 50 % |
| Profit before tax | Rs. 31.96 Cr | Rs. 10.61 Cr | Rs. 29.35 Cr | + 176.63 % | -8.17 % |
| Tax % | 0.66 % | 10.37 % | 0 % | -10.37 % | -0.66 % |
| Net Profit | Rs. 31.75 Cr | Rs. 11.71 Cr | Rs. 29.35 Cr | + 150.64 % | -7.56 % |
| EPS in Rs | Rs. 2.18 | Rs. 0.8 | Rs. 2.01 | + 151.25 % | -7.8 % |
Today, we’re looking at SATCHMO HOLDINGS LIMITED’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -84.95 %. However, it did see a marginal slip of -71.18 % from the previous quarter. Expenses decreased slightly by -70.33 % quarter-on-quarter, aligning with the annual decline of -87.03 %. Operating profit, while up 87.82 % compared to last year, faced a quarter-on-quarter increase of 69.91 %, 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 50.21 %, but a shrinkage of -9.02 % sequentially. Other income rose by 40.54 % compared to the last quarter, despite an annual decline of -48.28 %. Depreciation costs fell by -25 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 50 %. Profit before tax declined annually by -8.17 % but saw an increase from the preceding quarter by 176.63 %.
Tax expenses as a percentage of profits decreased slightly by -0.66 % compared to last year, with a more notable quarter-on-quarter decrease of -10.37 %. Net profit fell by -7.56 % year-on-year but experienced a 150.64 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -7.8 % but a quarterly rise of 151.25 %. In summary, SATCHMO HOLDINGS 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. 12.16 Cr | Rs. 6.35 Cr | Rs. 1.83 Cr | -71.18 % | -84.95 % |
| Expenses | Rs. 44.18 Cr | Rs. 19.31 Cr | Rs. 5.73 Cr | -70.33 % | -87.03 % |
| Operating Profit | Rs. -32.02 Cr | Rs. -12.96 Cr | Rs. -3.9 Cr | + 69.91 % | + 87.82 % |
| Net Profit | Rs. 31.75 Cr | Rs. 11.71 Cr | Rs. 29.35 Cr | + 150.64 % | -7.56 % |
| EPS in Rs | Rs. 2.18 | Rs. 0.8 | Rs. 2.01 | + 151.25 % | -7.8 % |
In reviewing SATCHMO HOLDINGS LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -84.95 % year-on-year, although there was a slight dip of -71.18 % from the previous quarter. Expenses decreased by -87.03 % compared to the previous year, with a decrease of -70.33 % quarter-on-quarter. Operating Profit surged by 87.82 % annually, and saw a 69.91 % increase from the last quarter.
Net Profit showed yearly decrease of -7.56 %, and experienced a 150.64 % increase from the previous quarter. Earnings Per Share (EPS) fell by -7.8 % annually, however rose by 151.25 % compared to the last quarter. In essence, while SATCHMO HOLDINGS LIMITED 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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