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Shree Hari Chemicals Export : Q4 2024 Financial Quarterly Report : YoY Sales Up 4.98 %, QoQ Down 12.13 %

June 24, 2024June 24, 2024| adminadmin| 0 Comments| 1:20 pm
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 4.98 % in the past year, decrease in net sales/revenue by -12.13 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -34.21 %, Marginal decrease of -21.88% in other income during this quarter.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Shree Hari Chemicals Export Ltd.,. Profit dropped by -122.11 % Year to Year, Shree Hari Chemicals Export Ltd.,’s profitability dropped by -73.07 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -126.25 % Year to Year. EPS decreased by -72.96 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Shree Hari Chemicals Export 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. 30.951 Cr Rs. 36.978 Cr Rs. 32.492 Cr -12.13 % + 4.98 %
Expenses Rs. 31.89 Cr Rs. 34.69 Cr Rs. 31.12 Cr -10.29 % -2.41 %
Operating Profit Rs. -0.94 Cr Rs. 2.29 Cr Rs. 1.37 Cr -40.17 % + 245.74 %
OPM % -3.04 % 6.19 % 4.22 % -1.97 % + 7.26 %
Other Income Rs. 0.38 Cr Rs. 0.32 Cr Rs. 0.25 Cr -21.88 % -34.21 %
Interest Rs. 0.6 Cr Rs. 0.65 Cr Rs. 0.59 Cr -9.23 % -1.67 %
Depreciation Rs. 0.59 Cr Rs. 0.57 Cr Rs. 0.58 Cr + 1.75 % -1.69 %
Profit before tax Rs. -1.75 Cr Rs. 1.39 Cr Rs. 0.45 Cr -67.63 % + 125.71 %
Tax % -27.8 % 25.25 % 38.14 % + 12.89 % + 65.94 %
Net Profit Rs. -1.26 Cr Rs. 1.04 Cr Rs. 0.28 Cr -73.08 % + 122.22 %
EPS in Rs Rs. -2.4 Rs. 2.33 Rs. 0.63 -72.96 % + 126.25 %


Today, we’re looking at Shree Hari Chemicals Export 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 4.98 %. However, it did see a marginal slip of -12.13 % from the previous quarter. Expenses decreased slightly by -10.29 % quarter-on-quarter, aligning with the annual decline of -2.41 %. Operating profit, while up 245.74 % compared to last year, faced a quarter-on-quarter dip of -40.17 %, 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 7.26 %, but a shrinkage of -1.97 % sequentially. Other income fell by -21.88 % compared to the last quarter, despite an annual decline of -34.21 %. Interest expenses dropped significantly by -9.23 % from the previous quarter, yet the year-over-year decrease remains at a moderate -1.67 %. Depreciation costs climbed by 1.75 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -1.69 %. Profit before tax grew annually by 125.71 % but saw a reduction from the preceding quarter by -67.63 %.
Tax expenses as a percentage of profits increased slightly by 65.94 % compared to last year, with a more notable quarter-on-quarter increase of 12.89 %. Net profit rose by 122.22 % year-on-year but witnessed a -73.08 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 126.25 % but a quarterly fall of -72.96 %. In summary, Shree Hari Chemicals Export 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. 30.951 Cr Rs. 36.978 Cr Rs. 32.492 Cr -12.13 % + 4.98 %
Expenses Rs. 31.89 Cr Rs. 34.69 Cr Rs. 31.12 Cr -10.29 % -2.41 %
Operating Profit Rs. -0.94 Cr Rs. 2.29 Cr Rs. 1.37 Cr -40.17 % + 245.74 %
Net Profit Rs. -1.26 Cr Rs. 1.04 Cr Rs. 0.28 Cr -73.08 % + 122.22 %
EPS in Rs Rs. -2.4 Rs. 2.33 Rs. 0.63 -72.96 % + 126.25 %


In reviewing Shree Hari Chemicals Export Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 4.98 % year-on-year growth, although there was a slight dip of -12.13 % from the previous quarter. Expenses decreased by -2.41 % compared to the previous year, with a decrease of -10.29 % quarter-on-quarter. Operating Profit surged by 245.74 % annually, and saw a -40.17 % decrease from the last quarter.
Net Profit showed yearly increase of 122.22 %, and experienced a -73.08 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 126.25 % annually, however dipped by -72.96 % compared to the last quarter. In essence, while Shree Hari Chemicals Export 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.

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