Share the post "SHESHADRI INDUSTRIES : Q4 2024 Financial Quarterly Report : YoY Sales Up 16.19 %, QoQ Up 56.17 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 16.19 % in the past year, substantial increase in net sales/revenue by 56.17 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -24.52 %, Marginal increase in other income during this quarter, up by 1131.58%.
- Profit over the Year and quarter: Challenges in sustaining profitability for SHESHADRI INDUSTRIES LIMITED. Profit dropped by -126.12 % Year to Year, SHESHADRI INDUSTRIES LIMITED’s profitability dropped by -81.55 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -126.17 % Year to Year. EPS decreased by -81.49 % 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. 5.214 Cr | Rs. 3.879 Cr | Rs. 6.058 Cr | + 56.17 % | + 16.19 % |
| Expenses | Rs. 6.09 Cr | Rs. 5.11 Cr | Rs. 7.25 Cr | + 41.88 % | + 19.05 % |
| Operating Profit | Rs. -0.88 Cr | Rs. -1.23 Cr | Rs. -1.19 Cr | + 3.25 % | -35.23 % |
| OPM % | -16.88 % | -31.71 % | -19.64 % | + 12.07 % | -2.76 % |
| Other Income | Rs. 3.1 Cr | Rs. 0.19 Cr | Rs. 2.34 Cr | + 1131.58 % | -24.52 % |
| Interest | Rs. 0.67 Cr | Rs. 0.4 Cr | Rs. 0.52 Cr | + 30 % | -22.39 % |
| Depreciation | Rs. 0.29 Cr | Rs. 0.48 Cr | Rs. 0.43 Cr | -10.42 % | + 48.28 % |
| Profit before tax | Rs. 1.26 Cr | Rs. -1.92 Cr | Rs. 0.2 Cr | + 110.42 % | -84.13 % |
| Tax % | 0 % | -0 % | -92.44 % | -92.44 % | -92.44 % |
| Net Profit | Rs. 1.27 Cr | Rs. -1.79 Cr | Rs. -0.33 Cr | + 81.56 % | -125.98 % |
| EPS in Rs | Rs. 2.56 | Rs. -3.62 | Rs. -0.67 | + 81.49 % | -126.17 % |
Today, we’re looking at SHESHADRI INDUSTRIES 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 16.19 %. However, it did see a marginal increase of 56.17 % from the previous quarter. Expenses ticked up slightly by 41.88 % quarter-on-quarter, aligning with the annual rise of 19.05 %. Operating profit, while down -35.23 % compared to last year, faced a quarter-on-quarter increase of 3.25 %, 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 -2.76 %, but an expansion of 12.07 % sequentially. Other income rose by 1131.58 % compared to the last quarter, despite an annual decline of -24.52 %. Interest expenses surged remarkably by 30 % from the previous quarter, yet the year-over-year decrease remains at a moderate -22.39 %. Depreciation costs fell by -10.42 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 48.28 %. Profit before tax declined annually by -84.13 % but saw an increase from the preceding quarter by 110.42 %.
Tax expenses as a percentage of profits decreased slightly by -92.44 % compared to last year, with a more notable quarter-on-quarter decrease of -92.44 %. Net profit fell by -125.98 % year-on-year but experienced a 81.56 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -126.17 % but a quarterly rise of 81.49 %. In summary, SHESHADRI INDUSTRIES 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. 5.214 Cr | Rs. 3.879 Cr | Rs. 6.058 Cr | + 56.17 % | + 16.19 % |
| Expenses | Rs. 6.09 Cr | Rs. 5.11 Cr | Rs. 7.25 Cr | + 41.88 % | + 19.05 % |
| Operating Profit | Rs. -0.88 Cr | Rs. -1.23 Cr | Rs. -1.19 Cr | + 3.25 % | -35.23 % |
| Net Profit | Rs. 1.27 Cr | Rs. -1.79 Cr | Rs. -0.33 Cr | + 81.56 % | -125.98 % |
| EPS in Rs | Rs. 2.56 | Rs. -3.62 | Rs. -0.67 | + 81.49 % | -126.17 % |
In reviewing SHESHADRI INDUSTRIES LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 16.19 % year-on-year growth, however, there was a minor increase of 56.17 % from the previous quarter. Expenses rose by 19.05 % compared to the previous year, with a 41.88 % increase quarter-on-quarter. Operating Profit dropped by -35.23 % annually, and saw a 3.25 % increase from the last quarter.
Net Profit showed yearly decrease of -125.98 %, and experienced a 81.56 % increase from the previous quarter. Earnings Per Share (EPS) fell by -126.17 % annually, however rose by 81.49 % compared to the last quarter. In essence, while SHESHADRI INDUSTRIES LIMITED 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.
