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Highlights
- Sales over the Year and quarter: The company’s sales declined by -98.03 % over the year, substantial increase in net sales/revenue by 12.79 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -89.79 %, Marginal increase in other income during this quarter, up by 60%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Secmark Consultancy Limited. Profit dropped by -58.4 % Year to Year, Secmark Consultancy Limited’s profitability increased by 1051.88 % in this quarter.
- EPS over the Year and quarter: EPS declined by -55.27 % Year to Year. EPS increased by 1060 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 370.13 Cr | Rs. 6.466 Cr | Rs. 7.293 Cr | + 12.79 % | -98.03 % |
Expenses | Rs. 362.83 Cr | Rs. 5.07 Cr | Rs. 3.88 Cr | -23.47 % | -98.93 % |
Operating Profit | Rs. 7.3 Cr | Rs. 1.4 Cr | Rs. 3.41 Cr | + 143.57 % | -53.29 % |
OPM % | 1.97 % | 21.65 % | 46.76 % | + 25.11 % | + 44.79 % |
Other Income | Rs. 2.35 Cr | Rs. 0.15 Cr | Rs. 0.24 Cr | + 60 % | -89.79 % |
Interest | Rs. 3.5 Cr | Rs. 0.29 Cr | Rs. 0.23 Cr | -20.69 % | -93.43 % |
Depreciation | Rs. 0.13 Cr | Rs. 1.04 Cr | Rs. 1.01 Cr | -2.88 % | + 676.92 % |
Profit before tax | Rs. 6.02 Cr | Rs. 0.22 Cr | Rs. 2.41 Cr | + 995.45 % | -59.97 % |
Tax % | 26.41 % | 25.23 % | 23.7 % | -1.53 % | -2.71 % |
Net Profit | Rs. 4.43 Cr | Rs. 0.16 Cr | Rs. 1.84 Cr | + 1050 % | -58.47 % |
EPS in Rs | Rs. 3.89 | Rs. 0.15 | Rs. 1.73 | + 1053.33 % | -55.53 % |
Today, we’re looking at Secmark Consultancy 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 -98.03 %. However, it did see a marginal increase of 12.79 % from the previous quarter. Expenses decreased slightly by -23.47 % quarter-on-quarter, aligning with the annual decline of -98.93 %. Operating profit, while down -53.29 % compared to last year, faced a quarter-on-quarter increase of 143.57 %, 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 44.79 %, but an expansion of 25.11 % sequentially. Other income rose by 60 % compared to the last quarter, despite an annual decline of -89.79 %. Interest expenses dropped significantly by -20.69 % from the previous quarter, yet the year-over-year decrease remains at a moderate -93.43 %. Depreciation costs fell by -2.88 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 676.92 %. Profit before tax declined annually by -59.97 % but saw an increase from the preceding quarter by 995.45 %.
Tax expenses as a percentage of profits decreased slightly by -2.71 % compared to last year, with a more notable quarter-on-quarter decrease of -1.53 %. Net profit fell by -58.47 % year-on-year but experienced a 1050 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -55.53 % but a quarterly rise of 1053.33 %. In summary, Secmark Consultancy 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. 370.13 Cr | Rs. 6.466 Cr | Rs. 7.293 Cr | + 12.79 % | -98.03 % |
Expenses | Rs. 362.83 Cr | Rs. 5.07 Cr | Rs. 3.88 Cr | -23.47 % | -98.93 % |
Operating Profit | Rs. 7.3 Cr | Rs. 1.4 Cr | Rs. 3.41 Cr | + 143.57 % | -53.29 % |
Net Profit | Rs. 4.43 Cr | Rs. 0.16 Cr | Rs. 1.84 Cr | + 1050 % | -58.47 % |
EPS in Rs | Rs. 3.89 | Rs. 0.15 | Rs. 1.73 | + 1053.33 % | -55.53 % |
In reviewing Secmark Consultancy Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -98.03 % year-on-year, however, there was a minor increase of 12.79 % from the previous quarter. Expenses decreased by -98.93 % compared to the previous year, with a decrease of -23.47 % quarter-on-quarter. Operating Profit dropped by -53.29 % annually, and saw a 143.57 % increase from the last quarter.
Net Profit showed yearly decrease of -58.47 %, and experienced a 1050 % increase from the previous quarter. Earnings Per Share (EPS) fell by -55.53 % annually, however rose by 1053.33 % compared to the last quarter. In essence, while Secmark Consultancy 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.