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Share the post "Seamec ‘s Q3 2024-25 Latest News: Revenue Decreases by 29.99% Year-on-Year"
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 -29.99 % over the year, substantial increase in net sales/revenue by 69.96 %. 🔹 Income over the Year and quarter: There has been decline in other income over the past year which is -271.5 %, Marginal decrease of -144.25% in other income during this quarter. 🔹 Profit over the Year and quarter: Challenges in sustaining profitability for Seamec Limited. Profit dropped by -105.72 % Year to Year, Seamec Limited’s profitability dropped by -2118.75 % Quarter to Quarter. 🔹 EPS over the Year and quarter: EPS declined by -105.91 % Year to Year. EPS decreased by -3375 % 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. 213.31 Cr | Rs. 87.87 Cr | Rs. 149.34 Cr | + 69.96 % | -29.99 % |
| Expenses | Rs. 122.68 Cr | Rs. 72.39 Cr | Rs. 105.07 Cr | + 45.14 % | -14.35 % |
| Operating Profit | Rs. 90.63 Cr | Rs. 15.48 Cr | Rs. 44.27 Cr | + 185.98 % | -51.15 % |
| OPM % | 42.49 % | 17.62 % | 29.64 % | + 12.02 % | -12.85 % |
| Other Income | Rs. 5.79 Cr | Rs. 22.44 Cr | Rs. -9.93 Cr | -144.25 % | -271.5 % |
| Interest | Rs. 4.49 Cr | Rs. 4.03 Cr | Rs. 3.42 Cr | -15.14 % | -23.83 % |
| Depreciation | Rs. 33.88 Cr | Rs. 31.61 Cr | Rs. 33.51 Cr | + 6.01 % | -1.09 % |
| Profit before tax | Rs. 58.05 Cr | Rs. 2.28 Cr | Rs. -2.59 Cr | -213.6 % | -104.46 % |
| Tax % | 2.81 % | 92.98 % | -24.71 % | -117.69 % | -27.52 % |
| Net Profit | Rs. 56.42 Cr | Rs. 0.16 Cr | Rs. -3.23 Cr | -2118.75 % | -105.72 % |
| EPS in Rs | Rs. 22.18 | Rs. 0.04 | Rs. -1.31 | -3375 % | -105.91 % |
Today, we’re looking at Seamec Limited’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -29.99 %. However, it did see a marginal increase of 69.96 % from the previous quarter. Expenses ticked up slightly by 45.14 % quarter-on-quarter, aligning with the annual decline of -14.35 %. Operating profit, while down -51.15 % compared to last year, faced a quarter-on-quarter increase of 185.98 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -12.85 %, but an expansion of 12.02 % sequentially. Other income fell by -144.25 % compared to the last quarter, despite an annual decline of -271.5 %. Interest expenses dropped significantly by -15.14 % from the previous quarter, yet the year-over-year decrease remains at a moderate -23.83 %. Depreciation costs climbed by 6.01 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -1.09 %. Profit before tax declined annually by -104.46 % but saw a reduction from the preceding quarter by -213.6 %.
Tax expenses as a percentage of profits decreased slightly by -27.52 % compared to last year, with a more notable quarter-on-quarter decrease of -117.69 %. Net profit fell by -105.72 % year-on-year but witnessed a -2118.75 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -105.91 % but a quarterly fall of -3375 %. In summary, Seamec 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. 213.31 Cr | Rs. 87.87 Cr | Rs. 149.34 Cr | + 69.96 % | -29.99 % |
| Expenses | Rs. 122.68 Cr | Rs. 72.39 Cr | Rs. 105.07 Cr | + 45.14 % | -14.35 % |
| Operating Profit | Rs. 90.63 Cr | Rs. 15.48 Cr | Rs. 44.27 Cr | + 185.98 % | -51.15 % |
| Net Profit | Rs. 56.42 Cr | Rs. 0.16 Cr | Rs. -3.23 Cr | -2118.75 % | -105.72 % |
| EPS in Rs | Rs. 22.18 | Rs. 0.04 | Rs. -1.31 | -3375 % | -105.91 % |
In reviewing Seamec Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -29.99 % year-on-year, however, there was a minor increase of 69.96 % from the previous quarter. Expenses decreased by -14.35 % compared to the previous year, with a 45.14 % increase quarter-on-quarter. Operating Profit dropped by -51.15 % annually, and saw a 185.98 % increase from the last quarter.
Net Profit showed yearly decrease of -105.72 %, and experienced a -2118.75 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -105.91 % annually, however dipped by -3375 % compared to the last quarter. In essence, while Seamec 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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