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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -1.67 % over the year, decrease in net sales/revenue by -7.47 %.
- 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 1644 %. Marginal decrease of -75.64% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Shreeji Translogistics Limited. Profit dropped by -85.59 % Year to Year, Shreeji Translogistics Limited’s profitability dropped by -74.55 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -88.31 % Year to Year. EPS decreased by -72.73 % 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. 59.398 Cr | Rs. 63.124 Cr | Rs. 58.406 Cr | -7.47 % | -1.67 % |
Expenses | Rs. 52.39 Cr | Rs. 59.92 Cr | Rs. 56.19 Cr | -6.22 % | + 7.25 % |
Operating Profit | Rs. 7.01 Cr | Rs. 3.2 Cr | Rs. 2.22 Cr | -30.63 % | -68.33 % |
OPM % | 11.8 % | 5.07 % | 3.8 % | -1.27 % | -8 % |
Other Income | Rs. 0.05 Cr | Rs. 3.58 Cr | Rs. 0.872 Cr | -75.64 % | + 1644 % |
Interest | Rs. 1.03 Cr | Rs. 1.48 Cr | Rs. 1.06 Cr | -28.38 % | + 2.91 % |
Depreciation | Rs. 0.76 Cr | Rs. 1.62 Cr | Rs. 1.19 Cr | -26.54 % | + 56.58 % |
Profit before tax | Rs. 5.27 Cr | Rs. 3.68 Cr | Rs. 0.84 Cr | -77.17 % | -84.06 % |
Tax % | 22.32 % | 37.06 % | 29.59 % | -7.47 % | + 7.27 % |
Net Profit | Rs. 4.09 Cr | Rs. 2.32 Cr | Rs. 0.59 Cr | -74.57 % | -85.57 % |
EPS in Rs | Rs. 0.77 | Rs. 0.33 | Rs. 0.09 | -72.73 % | -88.31 % |
Today, we’re looking at Shreeji Translogistics Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -1.67 %. However, it did see a marginal slip of -7.47 % from the previous quarter. Expenses decreased slightly by -6.22 % quarter-on-quarter, aligning with the annual rise of 7.25 %. Operating profit, while down -68.33 % compared to last year, faced a quarter-on-quarter dip of -30.63 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -8 %, but a shrinkage of -1.27 % sequentially. Other income fell by -75.64 % compared to the last quarter, despite an annual growth of 1644 %. Interest expenses dropped significantly by -28.38 % from the previous quarter, yet the year-over-year increase remains at a moderate 2.91 %. Depreciation costs fell by -26.54 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 56.58 %. Profit before tax declined annually by -84.06 % but saw a reduction from the preceding quarter by -77.17 %.
Tax expenses as a percentage of profits increased slightly by 7.27 % compared to last year, with a more notable quarter-on-quarter decrease of -7.47 %. Net profit fell by -85.57 % year-on-year but witnessed a -74.57 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -88.31 % but a quarterly fall of -72.73 %. In summary, Shreeji Translogistics 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. 59.398 Cr | Rs. 63.124 Cr | Rs. 58.406 Cr | -7.47 % | -1.67 % |
Expenses | Rs. 52.39 Cr | Rs. 59.92 Cr | Rs. 56.19 Cr | -6.22 % | + 7.25 % |
Operating Profit | Rs. 7.01 Cr | Rs. 3.2 Cr | Rs. 2.22 Cr | -30.63 % | -68.33 % |
Net Profit | Rs. 4.09 Cr | Rs. 2.32 Cr | Rs. 0.59 Cr | -74.57 % | -85.57 % |
EPS in Rs | Rs. 0.77 | Rs. 0.33 | Rs. 0.09 | -72.73 % | -88.31 % |
In reviewing Shreeji Translogistics Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -1.67 % year-on-year, although there was a slight dip of -7.47 % from the previous quarter. Expenses rose by 7.25 % compared to the previous year, with a decrease of -6.22 % quarter-on-quarter. Operating Profit dropped by -68.33 % annually, and saw a -30.63 % decrease from the last quarter.
Net Profit showed yearly decrease of -85.57 %, and experienced a -74.57 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -88.31 % annually, however dipped by -72.73 % compared to the last quarter. In essence, while Shreeji Translogistics Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.