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Highlights
- Sales over the Year and quarter: The company’s sales declined by -17.3 % over the year, decrease in net sales/revenue by -1.16 %.
- 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 203.96 %. Marginal increase in other income during this quarter, up by 450.62%.
- Profit over the Year and quarter: Challenges in sustaining profitability for SATIA INDUSTRIES LIMITED. Profit dropped by -14.76 % Year to Year, SATIA INDUSTRIES LIMITED’s profitability dropped by -0.5 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -14.90 % Year to Year. EPS decreased by -0.51 % 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. 520.644 Cr | Rs. 435.664 Cr | Rs. 430.592 Cr | -1.16 % | -17.3 % |
| Expenses | Rs. 384.47 Cr | Rs. 343.47 Cr | Rs. 339.84 Cr | -1.06 % | -11.61 % |
| Operating Profit | Rs. 136.17 Cr | Rs. 92.19 Cr | Rs. 90.75 Cr | -1.56 % | -33.36 % |
| OPM % | 26.15 % | 21.16 % | 21.08 % | -0.08 % | -5.07 % |
| Other Income | Rs. 2.78 Cr | Rs. -2.41 Cr | Rs. 8.45 Cr | + 450.62 % | + 203.96 % |
| Interest | Rs. 9.98 Cr | Rs. 7.54 Cr | Rs. 7.29 Cr | -3.32 % | -26.95 % |
| Depreciation | Rs. 112.3 Cr | Rs. 38.23 Cr | Rs. 47.06 Cr | + 23.1 % | -58.09 % |
| Profit before tax | Rs. 16.67 Cr | Rs. 44.01 Cr | Rs. 44.85 Cr | + 1.91 % | + 169.05 % |
| Tax % | 177.55 % | 9.92 % | 12.04 % | + 2.12 % | -165.51 % |
| Net Profit | Rs. 46.28 Cr | Rs. 39.65 Cr | Rs. 39.45 Cr | -0.5 % | -14.76 % |
| EPS in Rs | Rs. 4.63 | Rs. 3.96 | Rs. 3.94 | -0.51 % | -14.9 % |
Today, we’re looking at SATIA INDUSTRIES LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -17.3 %. However, it did see a marginal slip of -1.16 % from the previous quarter. Expenses decreased slightly by -1.06 % quarter-on-quarter, aligning with the annual decline of -11.61 %. Operating profit, while down -33.36 % compared to last year, faced a quarter-on-quarter dip of -1.56 %, 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 -5.07 %, but a shrinkage of -0.08 % sequentially. Other income rose by 450.62 % compared to the last quarter, despite an annual growth of 203.96 %. Interest expenses dropped significantly by -3.32 % from the previous quarter, yet the year-over-year decrease remains at a moderate -26.95 %. Depreciation costs climbed by 23.1 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -58.09 %. Profit before tax grew annually by 169.05 % but saw an increase from the preceding quarter by 1.91 %.
Tax expenses as a percentage of profits decreased slightly by -165.51 % compared to last year, with a more notable quarter-on-quarter increase of 2.12 %. Net profit fell by -14.76 % year-on-year but witnessed a -0.5 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -14.9 % but a quarterly fall of -0.51 %. In summary, SATIA INDUSTRIES 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. 520.644 Cr | Rs. 435.664 Cr | Rs. 430.592 Cr | -1.16 % | -17.3 % |
| Expenses | Rs. 384.47 Cr | Rs. 343.47 Cr | Rs. 339.84 Cr | -1.06 % | -11.61 % |
| Operating Profit | Rs. 136.17 Cr | Rs. 92.19 Cr | Rs. 90.75 Cr | -1.56 % | -33.36 % |
| Net Profit | Rs. 46.28 Cr | Rs. 39.65 Cr | Rs. 39.45 Cr | -0.5 % | -14.76 % |
| EPS in Rs | Rs. 4.63 | Rs. 3.96 | Rs. 3.94 | -0.51 % | -14.9 % |
In reviewing SATIA INDUSTRIES LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -17.3 % year-on-year, although there was a slight dip of -1.16 % from the previous quarter. Expenses decreased by -11.61 % compared to the previous year, with a decrease of -1.06 % quarter-on-quarter. Operating Profit dropped by -33.36 % annually, and saw a -1.56 % decrease from the last quarter.
Net Profit showed yearly decrease of -14.76 %, and experienced a -0.5 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -14.9 % annually, however dipped by -0.51 % compared to the last quarter. In essence, while SATIA INDUSTRIES 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.
