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Sheetal Diamonds Ltd.’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Key Metrics and Growth Analysis

April 25, 2024April 25, 2024| adminadmin| 0 Comments| 7:00 am
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 194.87% in the past year Substantial increase in net sales/revenue by 84.55%.
  • 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 600%Marginal increase in other income during this quarter, up by 23.53%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Sheetal Diamonds Ltd.. Profit dropped by -13.04% Year to YearSheetal Diamonds Ltd.’s profitability increased by 263.64% in this quarter.
  • EPS over the Year and quarter: EPS declined by -72.97% Year to Year.EPS increased by 150.00%. Positive impact on shareholders.
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The comprehensive analytics outlining the performance and outlook of Sheetal Diamonds Ltd.”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 1.365 Cr Rs. 2.181 Cr Rs. 4.025 Cr + 84.55% + 194.87%
Expenses Rs. 1 Cr Rs. 2.18 Cr Rs. 3.78 Cr + 73.39% + 278%
Operating Profit Rs. 0.37 Cr Rs. 0 Cr Rs. 0.25 Cr 0% -32.43%
OPM % 27.11 % 0 % 6.21 % 0% -20.9%
Other Income Rs. 0.03 Cr Rs. 0.17 Cr Rs. 0.21 Cr + 23.53% + 600%
Interest Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0% 0%
Depreciation Rs. 0.02 Cr Rs. 0.04 Cr Rs. 0 Cr 0% 0%
Profit before tax Rs. 0.38 Cr Rs. 0.13 Cr Rs. 0.46 Cr + 253.85% + 21.05%
Tax % 0 % 30.4 % 29.91 % -0.49% 0%
Net Profit Rs. 0.37 Cr Rs. 0.09 Cr Rs. 0.32 Cr + 255.56% -13.51%
EPS in Rs Rs. 0.37 Rs. 0.04 Rs. 0.1 + 150% -72.97%


Today, we’re looking at Sheetal Diamonds 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 194.87%. However, it did see a marginal increase of 84.55% from the previous quarter.Expenses ticked up slightly by 73.39% quarter-on-quarter, aligning with the annual rise of 278%. Operating profit, while down -32.43% compared to last year,
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -20.9%, Other income rose by 23.53% compared to the last quarter,despite an annual growth of 600%. Profit before tax grew annually by 21.05% but saw an increase from the preceding quarter by 253.85%.
with a more notable quarter-on-quarter decrease of -0.49%. Net profit fell by -13.51% year-on-yearbut experienced a 255.56% expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -72.97% but a quarterly rise of 150%. In summary, Sheetal Diamonds 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. 1.365 Cr Rs. 2.181 Cr Rs. 4.025 Cr + 84.55% + 194.87%
Expenses Rs. 1 Cr Rs. 2.18 Cr Rs. 3.78 Cr + 73.39% + 278%
Operating Profit Rs. 0.37 Cr Rs. 0 Cr Rs. 0.25 Cr 0% -32.43%
Net Profit Rs. 0.37 Cr Rs. 0.09 Cr Rs. 0.32 Cr + 255.56% -13.51%
EPS in Rs Rs. 0.37 Rs. 0.04 Rs. 0.1 + 150% -72.97%


In reviewing Sheetal Diamonds Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.62% year-on-year growth, however, there was a minor increase of 84.55% from the previous quarter. Expenses rose by 278% compared to the previous year, with a 73.39% increase quarter-on-quarter. Operating Profit dropped by -32.43% annually,
Net Profit showed yearly decrease of -13.51%, and experienced a 255.56% increase from the previous quarter. Earnings Per Share (EPS) fell by -72.97% annually, however rose by 150% compared to the last quarter. In essence, while Sheetal Diamonds Ltd. 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.

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