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SBEC Systems (Ind) ‘s Q1 Update: Revenue Decreases by 1.19% Year-on-Year

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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 -1.19 % over the year, decrease in net sales/revenue by -43.1 %.
  • Profit over the Year and quarter: Significant improvement in profitability for SBEC Systems (Ind) Ltd.. Notable increase of 0.51 % in net profit Year to Year, SBEC Systems (Ind) Ltd.’s profitability dropped by -67.65 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 0.00 % Year to Year. EPS decreased by -67.21 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of SBEC Systems (Ind) 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.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 0.672 Cr Rs. 1.167 Cr Rs. 0.664 Cr -43.1 % -1.19 %
Expenses Rs. 0.19 Cr Rs. 0.18 Cr Rs. 0.16 Cr -11.11 % -15.79 %
Operating Profit Rs. 0.48 Cr Rs. 0.99 Cr Rs. 0.5 Cr -49.49 % + 4.17 %
OPM % 71.43 % 84.83 % 75.3 % -9.53 % + 3.87 %
Other Income Rs. 0.011 Cr Rs. 0 Cr Rs. 0.001 Cr 0 % -90.91 %
Interest Rs. 0.26 Cr Rs. 0.25 Cr Rs. 0.23 Cr -8 % -11.54 %
Depreciation Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Profit before tax Rs. 0.23 Cr Rs. 0.74 Cr Rs. 0.27 Cr -63.51 % + 17.39 %
Tax % 16.88 % 16.76 % 27.64 % + 10.88 % + 10.76 %
Net Profit Rs. 0.2 Cr Rs. 0.61 Cr Rs. 0.2 Cr -67.21 % + 0 %
EPS in Rs Rs. 0.2 Rs. 0.61 Rs. 0.2 -67.21 % + 0 %


Today, we’re looking at SBEC Systems (Ind) Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -1.19 %. However, it did see a marginal slip of -43.1 % from the previous quarter. Expenses decreased slightly by -11.11 % quarter-on-quarter, aligning with the annual decline of -15.79 %. Operating profit, while up 4.17 % compared to last year, faced a quarter-on-quarter dip of -49.49 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 3.87 %, but a shrinkage of -9.53 % sequentially. despite an annual decline of -90.91 %. Interest expenses dropped significantly by -8 % from the previous quarter, yet the year-over-year decrease remains at a moderate -11.54 %. Profit before tax grew annually by 17.39 % but saw a reduction from the preceding quarter by -63.51 %.
Tax expenses as a percentage of profits increased slightly by 10.76 % compared to last year, with a more notable quarter-on-quarter increase of 10.88 %. Net profit rose by 0 % year-on-year but witnessed a -67.21 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 0 % but a quarterly fall of -67.21 %. In summary, SBEC Systems (Ind) 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. 0.672 Cr Rs. 1.167 Cr Rs. 0.664 Cr -43.1 % -1.19 %
Expenses Rs. 0.19 Cr Rs. 0.18 Cr Rs. 0.16 Cr -11.11 % -15.79 %
Operating Profit Rs. 0.48 Cr Rs. 0.99 Cr Rs. 0.5 Cr -49.49 % + 4.17 %
Net Profit Rs. 0.2 Cr Rs. 0.61 Cr Rs. 0.2 Cr -67.21 % + 0 %
EPS in Rs Rs. 0.2 Rs. 0.61 Rs. 0.2 -67.21 % + 0 %


In reviewing SBEC Systems (Ind) Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -1.19 % year-on-year, although there was a slight dip of -43.1 % from the previous quarter. Expenses decreased by -15.79 % compared to the previous year, with a decrease of -11.11 % quarter-on-quarter. Operating Profit surged by 4.17 % annually, and saw a -49.49 % decrease from the last quarter.
Net Profit showed yearly increase of 0 %, and experienced a -67.21 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 0 % annually, however dipped by -67.21 % compared to the last quarter. In essence, while SBEC Systems (Ind) Ltd. 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.

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