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Highlights
- Sales over the Year and quarter: The company’s sales declined by -1.49 % over the year, substantial increase in net sales/revenue by 9.67 %.
- 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 129.31 %. Marginal decrease of -11.73% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Sequent Scientific Limited. Profit dropped by -101.38 % Year to Year, Sequent Scientific Limited’s profitability dropped by -88.07 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -98.94 % Year to Year. EPS decreased by -112.12 % 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. 366.668 Cr | Rs. 329.359 Cr | Rs. 361.197 Cr | + 9.67 % | -1.49 % |
Expenses | Rs. 370.04 Cr | Rs. 307.11 Cr | Rs. 328.93 Cr | + 7.1 % | -11.11 % |
Operating Profit | Rs. -3.37 Cr | Rs. 22.25 Cr | Rs. 32.27 Cr | + 45.03 % | + 1057.57 % |
OPM % | -0.92 % | 6.76 % | 8.93 % | + 2.17 % | + 9.85 % |
Other Income | Rs. 1.74 Cr | Rs. 4.52 Cr | Rs. 3.99 Cr | -11.73 % | + 129.31 % |
Interest | Rs. 10.87 Cr | Rs. 12.58 Cr | Rs. 12.44 Cr | -1.11 % | + 14.44 % |
Depreciation | Rs. 14.71 Cr | Rs. 15.46 Cr | Rs. 16.48 Cr | + 6.6 % | + 12.03 % |
Profit before tax | Rs. -27.21 Cr | Rs. -1.27 Cr | Rs. 7.34 Cr | + 677.95 % | + 126.98 % |
Tax % | -4.1 % | 616.03 % | 51.67 % | -564.36 % | + 55.77 % |
Net Profit | Rs. -92.44 Cr | Rs. 10.68 Cr | Rs. 1.27 Cr | -88.11 % | + 101.37 % |
EPS in Rs | Rs. -3.77 | Rs. 0.33 | Rs. -0.04 | -112.12 % | + 98.94 % |
Today, we’re looking at Sequent Scientific 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 -1.49 %. However, it did see a marginal increase of 9.67 % from the previous quarter. Expenses ticked up slightly by 7.1 % quarter-on-quarter, aligning with the annual decline of -11.11 %. Operating profit, while up 1057.57 % compared to last year, faced a quarter-on-quarter increase of 45.03 %, 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 9.85 %, but an expansion of 2.17 % sequentially. Other income fell by -11.73 % compared to the last quarter, despite an annual growth of 129.31 %. Interest expenses dropped significantly by -1.11 % from the previous quarter, yet the year-over-year increase remains at a moderate 14.44 %. Depreciation costs climbed by 6.6 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 12.03 %. Profit before tax grew annually by 126.98 % but saw an increase from the preceding quarter by 677.95 %.
Tax expenses as a percentage of profits increased slightly by 55.77 % compared to last year, with a more notable quarter-on-quarter decrease of -564.36 %. Net profit rose by 101.37 % year-on-year but witnessed a -88.11 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 98.94 % but a quarterly fall of -112.12 %. In summary, Sequent Scientific 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. 366.668 Cr | Rs. 329.359 Cr | Rs. 361.197 Cr | + 9.67 % | -1.49 % |
Expenses | Rs. 370.04 Cr | Rs. 307.11 Cr | Rs. 328.93 Cr | + 7.1 % | -11.11 % |
Operating Profit | Rs. -3.37 Cr | Rs. 22.25 Cr | Rs. 32.27 Cr | + 45.03 % | + 1057.57 % |
Net Profit | Rs. -92.44 Cr | Rs. 10.68 Cr | Rs. 1.27 Cr | -88.11 % | + 101.37 % |
EPS in Rs | Rs. -3.77 | Rs. 0.33 | Rs. -0.04 | -112.12 % | + 98.94 % |
In reviewing Sequent Scientific Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -1.49 % year-on-year, however, there was a minor increase of 9.67 % from the previous quarter. Expenses decreased by -11.11 % compared to the previous year, with a 7.1 % increase quarter-on-quarter. Operating Profit surged by 1057.57 % annually, and saw a 45.03 % increase from the last quarter.
Net Profit showed yearly increase of 101.37 %, and experienced a -88.11 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 98.94 % annually, however dipped by -112.12 % compared to the last quarter. In essence, while Sequent Scientific Limited exhibits strong annual growth 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.