Share the post "Sharda Ispat : Q4 2024 Financial Quarterly Report : YoY Sales Up 25.61 %, QoQ Down 9.71 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 25.61 % in the past year, decrease in net sales/revenue by -9.71 %.
- 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 244.44 %. Marginal increase in other income during this quarter, up by 12.73%.
- Profit over the Year and quarter: Significant improvement in profitability for Sharda Ispat Ltd.. Notable increase of 117.74 % in net profit Year to Year, Sharda Ispat Ltd.’s profitability increased by 18.25 % in this quarter.
- EPS over the Year and quarter: EPS increased by 117.41 % Year to Year. EPS increased by 18.22 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 41.925 Cr | Rs. 58.322 Cr | Rs. 52.66 Cr | -9.71 % | + 25.61 % |
Expenses | Rs. 39.21 Cr | Rs. 53.56 Cr | Rs. 47.8 Cr | -10.75 % | + 21.91 % |
Operating Profit | Rs. 2.72 Cr | Rs. 4.76 Cr | Rs. 4.86 Cr | + 2.1 % | + 78.68 % |
OPM % | 6.49 % | 8.16 % | 9.23 % | + 1.07 % | + 2.74 % |
Other Income | Rs. 0.18 Cr | Rs. 0.55 Cr | Rs. 0.62 Cr | + 12.73 % | + 244.44 % |
Interest | Rs. 0.11 Cr | Rs. 0.38 Cr | Rs. 0.35 Cr | -7.89 % | + 218.18 % |
Depreciation | Rs. 0.2 Cr | Rs. 0.21 Cr | Rs. 0.21 Cr | + 0 % | + 5 % |
Profit before tax | Rs. 2.59 Cr | Rs. 4.72 Cr | Rs. 4.92 Cr | + 4.24 % | + 89.96 % |
Tax % | 25.82 % | 24.92 % | 14.77 % | -10.15 % | -11.05 % |
Net Profit | Rs. 1.92 Cr | Rs. 3.54 Cr | Rs. 4.19 Cr | + 18.36 % | + 118.23 % |
EPS in Rs | Rs. 3.79 | Rs. 6.97 | Rs. 8.24 | + 18.22 % | + 117.41 % |
Today, we’re looking at Sharda Ispat Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 25.61 %. However, it did see a marginal slip of -9.71 % from the previous quarter. Expenses decreased slightly by -10.75 % quarter-on-quarter, aligning with the annual rise of 21.91 %. Operating profit, while up 78.68 % compared to last year, faced a quarter-on-quarter increase of 2.1 %, 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 2.74 %, but an expansion of 1.07 % sequentially. Other income rose by 12.73 % compared to the last quarter, despite an annual growth of 244.44 %. Interest expenses dropped significantly by -7.89 % from the previous quarter, yet the year-over-year increase remains at a moderate 218.18 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 5 %. Profit before tax grew annually by 89.96 % but saw an increase from the preceding quarter by 4.24 %.
Tax expenses as a percentage of profits decreased slightly by -11.05 % compared to last year, with a more notable quarter-on-quarter decrease of -10.15 %. Net profit rose by 118.23 % year-on-year but experienced a 18.36 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 117.41 % but a quarterly rise of 18.22 %. 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. 41.925 Cr | Rs. 58.322 Cr | Rs. 52.66 Cr | -9.71 % | + 25.61 % |
Expenses | Rs. 39.21 Cr | Rs. 53.56 Cr | Rs. 47.8 Cr | -10.75 % | + 21.91 % |
Operating Profit | Rs. 2.72 Cr | Rs. 4.76 Cr | Rs. 4.86 Cr | + 2.1 % | + 78.68 % |
Net Profit | Rs. 1.92 Cr | Rs. 3.54 Cr | Rs. 4.19 Cr | + 18.36 % | + 118.23 % |
EPS in Rs | Rs. 3.79 | Rs. 6.97 | Rs. 8.24 | + 18.22 % | + 117.41 % |
In reviewing Sharda Ispat Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 25.61 % year-on-year growth, although there was a slight dip of -9.71 % from the previous quarter. Expenses rose by 21.91 % compared to the previous year, with a decrease of -10.75 % quarter-on-quarter. Operating Profit surged by 78.68 % annually, and saw a 2.1 % increase from the last quarter.
Net Profit showed yearly increase of 118.23 %, and experienced a 18.36 % increase from the previous quarter. Earnings Per Share (EPS) rose by 117.41 % annually, however rose by 18.22 % compared to the last quarter. In essence, while Sharda Ispat Ltd. 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.