Highlights
- Sales over the Year and quarter: The company’s sales declined by -0.91 % over the year, substantial increase in net sales/revenue by 7.23 %.
- 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 290 %. Marginal increase in other income during this quarter, up by 3800%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Shree Rama Multi-Tech Limited. Profit dropped by -11.51 % Year to Year, Shree Rama Multi-Tech Limited’s profitability increased by 58.76 % in this quarter.
- EPS over the Year and quarter: EPS declined by -56.67 % Year to Year. EPS increased by 62.5 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 47.047 Cr | Rs. 43.472 Cr | Rs. 46.617 Cr | + 7.23 % | -0.91 % |
| Expenses | Rs. 41.51 Cr | Rs. 39.85 Cr | Rs. 42.02 Cr | + 5.45 % | + 1.23 % |
| Operating Profit | Rs. 5.54 Cr | Rs. 3.62 Cr | Rs. 4.6 Cr | + 27.07 % | -16.97 % |
| OPM % | 11.78 % | 8.33 % | 9.87 % | + 1.54 % | -1.91 % |
| Other Income | Rs. 0.1 Cr | Rs. 0.01 Cr | Rs. 0.39 Cr | + 3800 % | + 290 % |
| Interest | Rs. 0.34 Cr | Rs. 0.07 Cr | Rs. 0.15 Cr | + 114.29 % | -55.88 % |
| Depreciation | Rs. 1.51 Cr | Rs. 1.45 Cr | Rs. 1.49 Cr | + 2.76 % | -1.32 % |
| Profit before tax | Rs. 3.79 Cr | Rs. 2.11 Cr | Rs. 3.35 Cr | + 58.77 % | -11.61 % |
| Tax % | 0 % | 0 % | 0 % | 0 % | 0 % |
| Net Profit | Rs. 3.78 Cr | Rs. 2.11 Cr | Rs. 3.35 Cr | + 58.77 % | -11.38 % |
| EPS in Rs | Rs. 0.6 | Rs. 0.16 | Rs. 0.26 | + 62.5 % | -56.67 % |
Today, we’re looking at Shree Rama Multi-Tech Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -0.91 %. However, it did see a marginal increase of 7.23 % from the previous quarter. Expenses ticked up slightly by 5.45 % quarter-on-quarter, aligning with the annual rise of 1.23 %. Operating profit, while down -16.97 % compared to last year, faced a quarter-on-quarter increase of 27.07 %, 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 -1.91 %, but an expansion of 1.54 % sequentially. Other income rose by 3800 % compared to the last quarter, despite an annual growth of 290 %. Interest expenses surged remarkably by 114.29 % from the previous quarter, yet the year-over-year decrease remains at a moderate -55.88 %. Depreciation costs climbed by 2.76 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -1.32 %. Profit before tax declined annually by -11.61 % but saw an increase from the preceding quarter by 58.77 %.
Net profit fell by -11.38 % year-on-year but experienced a 58.77 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -56.67 % but a quarterly rise of 62.5 %. In summary, Shree Rama Multi-Tech 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. 47.047 Cr | Rs. 43.472 Cr | Rs. 46.617 Cr | + 7.23 % | -0.91 % |
| Expenses | Rs. 41.51 Cr | Rs. 39.85 Cr | Rs. 42.02 Cr | + 5.45 % | + 1.23 % |
| Operating Profit | Rs. 5.54 Cr | Rs. 3.62 Cr | Rs. 4.6 Cr | + 27.07 % | -16.97 % |
| Net Profit | Rs. 3.78 Cr | Rs. 2.11 Cr | Rs. 3.35 Cr | + 58.77 % | -11.38 % |
| EPS in Rs | Rs. 0.6 | Rs. 0.16 | Rs. 0.26 | + 62.5 % | -56.67 % |
In reviewing Shree Rama Multi-Tech Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -0.91 % year-on-year, however, there was a minor increase of 7.23 % from the previous quarter. Expenses rose by 1.23 % compared to the previous year, with a 5.45 % increase quarter-on-quarter. Operating Profit dropped by -16.97 % annually, and saw a 27.07 % increase from the last quarter.
Net Profit showed yearly decrease of -11.38 %, and experienced a 58.77 % increase from the previous quarter. Earnings Per Share (EPS) fell by -56.67 % annually, however rose by 62.5 % compared to the last quarter. In essence, while Shree Rama Multi-Tech 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.
