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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -20.48 % over the year, decrease in net sales/revenue by -9.31 %.
- 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 186.12 %. Marginal decrease of -2.61% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Sharda Ispat Ltd.. Notable increase of 28.03 % in net profit Year to Year, Sharda Ispat Ltd.’s profitability dropped by -29.18 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 28.07 % Year to Year. EPS decreased by -29.13 % 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. 60.061 Cr | Rs. 52.66 Cr | Rs. 47.758 Cr | -9.31 % | -20.48 % |
Expenses | Rs. 56.59 Cr | Rs. 47.8 Cr | Rs. 43.81 Cr | -8.35 % | -22.58 % |
Operating Profit | Rs. 3.47 Cr | Rs. 4.86 Cr | Rs. 3.95 Cr | -18.72 % | + 13.83 % |
OPM % | 5.78 % | 9.23 % | 8.27 % | -0.96 % | + 2.49 % |
Other Income | Rs. 0.209 Cr | Rs. 0.614 Cr | Rs. 0.598 Cr | -2.61 % | + 186.12 % |
Interest | Rs. 0.35 Cr | Rs. 0.35 Cr | Rs. 0.32 Cr | -8.57 % | -8.57 % |
Depreciation | Rs. 0.21 Cr | Rs. 0.21 Cr | Rs. 0.21 Cr | + 0 % | + 0 % |
Profit before tax | Rs. 3.12 Cr | Rs. 4.91 Cr | Rs. 4.02 Cr | -18.13 % | + 28.85 % |
Tax % | 25.78 % | 14.77 % | 26.08 % | + 11.31 % | + 0.3 % |
Net Profit | Rs. 2.32 Cr | Rs. 4.19 Cr | Rs. 2.96 Cr | -29.36 % | + 27.59 % |
EPS in Rs | Rs. 4.56 | Rs. 8.24 | Rs. 5.84 | -29.13 % | + 28.07 % |
Today, we’re looking at Sharda Ispat 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 -20.48 %. However, it did see a marginal slip of -9.31 % from the previous quarter. Expenses decreased slightly by -8.35 % quarter-on-quarter, aligning with the annual decline of -22.58 %. Operating profit, while up 13.83 % compared to last year, faced a quarter-on-quarter dip of -18.72 %, 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 2.49 %, but a shrinkage of -0.96 % sequentially. Other income fell by -2.61 % compared to the last quarter, despite an annual growth of 186.12 %. Interest expenses dropped significantly by -8.57 % from the previous quarter, yet the year-over-year decrease remains at a moderate -8.57 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 28.85 % but saw a reduction from the preceding quarter by -18.13 %.
Tax expenses as a percentage of profits increased slightly by 0.3 % compared to last year, with a more notable quarter-on-quarter increase of 11.31 %. Net profit rose by 27.59 % year-on-year but witnessed a -29.36 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 28.07 % but a quarterly fall of -29.13 %. In summary, Sharda Ispat 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. 60.061 Cr | Rs. 52.66 Cr | Rs. 47.758 Cr | -9.31 % | -20.48 % |
Expenses | Rs. 56.59 Cr | Rs. 47.8 Cr | Rs. 43.81 Cr | -8.35 % | -22.58 % |
Operating Profit | Rs. 3.47 Cr | Rs. 4.86 Cr | Rs. 3.95 Cr | -18.72 % | + 13.83 % |
Net Profit | Rs. 2.32 Cr | Rs. 4.19 Cr | Rs. 2.96 Cr | -29.36 % | + 27.59 % |
EPS in Rs | Rs. 4.56 | Rs. 8.24 | Rs. 5.84 | -29.13 % | + 28.07 % |
In reviewing Sharda Ispat Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -20.48 % year-on-year, although there was a slight dip of -9.31 % from the previous quarter. Expenses decreased by -22.58 % compared to the previous year, with a decrease of -8.35 % quarter-on-quarter. Operating Profit surged by 13.83 % annually, and saw a -18.72 % decrease from the last quarter.
Net Profit showed yearly increase of 27.59 %, and experienced a -29.36 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 28.07 % annually, however dipped by -29.13 % compared to the last quarter. In essence, while Sharda Ispat 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.
32
3-Year Profit
25
5-Year Profit
9
10-Year Profit
283
Current Price
3,055
Market Cap
For the company identified by BSE code 540797, the financial performance highlights a solid five-year profit of 25 units. This figure escalates to 32 units over the three-year period, pointing to positive momentum in its earnings. Despite these encouraging trends, the trailing twelve-month (TTM) figures uncover an alarming profit loss of 26 units. This decline, coupled with the fact that the company recorded zero sales across all periods examined, raises red flags about the sustainability of its business model and its ability to generate consistent revenue. Furthermore, the stock price fluctuations during this period further reflect the company's uncertain position. The stock started at 26 units but has since plummeted to 15 units recently, painting a picture of rapid decline. Over a longer ten-year horizon, the stock price stood at 0 units, further underscoring the long-term challenges the company faces in maintaining investor confidence and market value.
Currently valued at ₹3,055 crore, the company's stock price stands at ₹283. Over the years, it has seen significant fluctuations, with its price ranging from ₹340 / 210, a reflection of its sensitivity to market conditions and investor sentiment. The stock's Price-to-Earnings (P/E) ratio, currently at 39.5, suggests that it is highly valued in comparison to its earnings, possibly indicating strong future growth expectations or a high level of investor confidence. The book value per share is ₹92.6, which represents the net asset value of the company per share. The dividend yield of 0.42% provides some return to investors, though it may not be the primary attraction for those investing in the stock. The company's Return on Capital Employed (ROCE) is 11.0%, pointing to efficient use of its capital base to generate profits. The Return on Equity (ROE), at 8.16%, highlights the profitability for shareholders. The company's financial health is further underscored by its very low debt-to-equity ratio of 0.38, signaling conservative financial management. However, the net cash flow is negative at ₹14.9 crore, indicating possible liquidity concerns or heavy investment. The Piotroski score of 5.00 provides a snapshot of its financial stability, while the Graham Number, estimated at ₹123, offers an intrinsic value benchmark. With a Price-to-Book (P/B) ratio of 3.05, the stock seems to be trading at a premium relative to its book value, which could signal strong market expectations or overvaluation risks.