Shree Pushkar Chemicals & Fertilisers announced Financial Results Q1 2024

The comprehensive analytics outlining the performance and outlook of Shree Pushkar Chemicals & Fertilisers Limited‘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.

Today, we’re looking at Shree Pushkar Chemicals & Fertilisers Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 10.63 %. However, it did see a marginal increase of 1.79 % from the previous quarter. Expenses ticked up slightly by 2.62 % quarter-on-quarter, aligning with the annual rise of 9.31 %. Operating profit, while up 25.87 % compared to last year, faced a quarter-on-quarter dip of -5.76 %, 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 1.1 %, but a shrinkage of -0.73 % sequentially. Other income rose by 28.41 % compared to the last quarter, despite an annual growth of 78.91 %. Interest expenses surged remarkably by 86.36 % from the previous quarter, yet the year-over-year decrease remains at a moderate -18 %. Depreciation costs climbed by 5.1 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 2.58 %. Profit before tax grew annually by 50.65 % but saw a reduction from the preceding quarter by -4.98 %.
Tax expenses as a percentage of profits decreased slightly by -6.36 % compared to last year, with a more notable quarter-on-quarter decrease of -2.64 %. Net profit rose by 62.74 % year-on-year but witnessed a -1.91 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 62.25 % but a quarterly fall of -1.94 %. In summary, Shree Pushkar Chemicals & Fertilisers Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Shree Pushkar Chemicals & Fertilisers Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 10.63 % year-on-year growth, however, there was a minor increase of 1.79 % from the previous quarter. Expenses rose by 9.31 % compared to the previous year, with a 2.62 % increase quarter-on-quarter. Operating Profit surged by 25.87 % annually, and saw a -5.76 % decrease from the last quarter.
Net Profit showed yearly increase of 62.74 %, and experienced a -1.91 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 62.25 % annually, however dipped by -1.94 % compared to the last quarter. In essence, while Shree Pushkar Chemicals & Fertilisers Limited 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.