Share the post "Sheela Foam : Q4 2024 Financial Quarterly Report : YoY Sales Up 15.93 %, QoQ Down 3.84 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 15.93 % in the past year, decrease in net sales/revenue by -3.84 %.
- 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 93.39 %. Marginal increase in other income during this quarter, up by 37.07%.
- Profit over the Year and quarter: Significant improvement in profitability for Sheela Foam Limited. Notable increase of 42.25 % in net profit Year to Year, Sheela Foam Limited’s profitability increased by 109.09 % in this quarter.
- EPS over the Year and quarter: EPS increased by 26.65 % Year to Year. EPS increased by 109.89 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 729.04 Cr | Rs. 878.891 Cr | Rs. 845.15 Cr | -3.84 % | + 15.93 % |
Expenses | Rs. 651.62 Cr | Rs. 802.71 Cr | Rs. 764.61 Cr | -4.75 % | + 17.34 % |
Operating Profit | Rs. 77.42 Cr | Rs. 76.18 Cr | Rs. 80.54 Cr | + 5.72 % | + 4.03 % |
OPM % | 10.62 % | 8.67 % | 9.53 % | + 0.86 % | -1.09 % |
Other Income | Rs. 17.4 Cr | Rs. 24.55 Cr | Rs. 33.65 Cr | + 37.07 % | + 93.39 % |
Interest | Rs. 5.95 Cr | Rs. 25.21 Cr | Rs. 26.98 Cr | + 7.02 % | + 353.45 % |
Depreciation | Rs. 26.07 Cr | Rs. 29.91 Cr | Rs. 41.34 Cr | + 38.21 % | + 58.57 % |
Profit before tax | Rs. 62.8 Cr | Rs. 45.61 Cr | Rs. 45.87 Cr | + 0.57 % | -26.96 % |
Tax % | 27.07 % | 27.32 % | 17.41 % | -9.91 % | -9.66 % |
Net Profit | Rs. 45.8 Cr | Rs. 31.16 Cr | Rs. 65.15 Cr | + 109.08 % | + 42.25 % |
EPS in Rs | Rs. 4.69 | Rs. 2.83 | Rs. 5.94 | + 109.89 % | + 26.65 % |
Today, we’re looking at Sheela Foam Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 15.93 %. However, it did see a marginal slip of -3.84 % from the previous quarter. Expenses decreased slightly by -4.75 % quarter-on-quarter, aligning with the annual rise of 17.34 %. Operating profit, while up 4.03 % compared to last year, faced a quarter-on-quarter increase of 5.72 %, 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 -1.09 %, but an expansion of 0.86 % sequentially. Other income rose by 37.07 % compared to the last quarter, despite an annual growth of 93.39 %. Interest expenses surged remarkably by 7.02 % from the previous quarter, yet the year-over-year increase remains at a moderate 353.45 %. Depreciation costs climbed by 38.21 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 58.57 %. Profit before tax declined annually by -26.96 % but saw an increase from the preceding quarter by 0.57 %.
Tax expenses as a percentage of profits decreased slightly by -9.66 % compared to last year, with a more notable quarter-on-quarter decrease of -9.91 %. Net profit rose by 42.25 % year-on-year but experienced a 109.08 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 26.65 % but a quarterly rise of 109.89 %. In summary, Sheela Foam 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. 729.04 Cr | Rs. 878.891 Cr | Rs. 845.15 Cr | -3.84 % | + 15.93 % |
Expenses | Rs. 651.62 Cr | Rs. 802.71 Cr | Rs. 764.61 Cr | -4.75 % | + 17.34 % |
Operating Profit | Rs. 77.42 Cr | Rs. 76.18 Cr | Rs. 80.54 Cr | + 5.72 % | + 4.03 % |
Net Profit | Rs. 45.8 Cr | Rs. 31.16 Cr | Rs. 65.15 Cr | + 109.08 % | + 42.25 % |
EPS in Rs | Rs. 4.69 | Rs. 2.83 | Rs. 5.94 | + 109.89 % | + 26.65 % |
In reviewing Sheela Foam Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 15.93 % year-on-year growth, although there was a slight dip of -3.84 % from the previous quarter. Expenses rose by 17.34 % compared to the previous year, with a decrease of -4.75 % quarter-on-quarter. Operating Profit surged by 4.03 % annually, and saw a 5.72 % increase from the last quarter.
Net Profit showed yearly increase of 42.25 %, and experienced a 109.08 % increase from the previous quarter. Earnings Per Share (EPS) rose by 26.65 % annually, however rose by 109.89 % compared to the last quarter. In essence, while Sheela Foam 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.