Shri Gang Industries & Allied Products : Q4 2024 Financial Quarterly Report : YoY Sales Up 10.87 %, QoQ Down 27.17 %

The comprehensive analytics outlining the performance and outlook of Shri Gang Industries & Allied Products 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 Shri Gang Industries & Allied Products 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 10.87 %. However, it did see a marginal slip of -27.17 % from the previous quarter. Expenses decreased slightly by -25.7 % quarter-on-quarter, aligning with the annual rise of 26.82 %. Operating profit, while down -62.67 % compared to last year, faced a quarter-on-quarter dip of -44.33 %, 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 -11.81 %, but a shrinkage of -1.85 % sequentially. Other income fell by -30.77 % compared to the last quarter, despite an annual decline of -83.93 %. Interest expenses dropped significantly by -1.61 % from the previous quarter, yet the year-over-year decrease remains at a moderate -9.29 %. Depreciation costs climbed by 5.51 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -19.76 %. Profit before tax declined annually by -109.22 % but saw a reduction from the preceding quarter by -120.45 %.
Tax expenses as a percentage of profits decreased slightly by -3 % compared to last year, with a more notable quarter-on-quarter increase of 61 %. Net profit fell by -86.48 % year-on-year but witnessed a -52.5 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -86.6 % but a quarterly fall of -52.99 %. In summary, Shri Gang Industries & Allied Products Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Shri Gang Industries & Allied Products Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 10.87 % year-on-year growth, although there was a slight dip of -27.17 % from the previous quarter. Expenses rose by 26.82 % compared to the previous year, with a decrease of -25.7 % quarter-on-quarter. Operating Profit dropped by -62.67 % annually, and saw a -44.33 % decrease from the last quarter.
Net Profit showed yearly decrease of -86.48 %, and experienced a -52.5 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -86.6 % annually, however dipped by -52.99 % compared to the last quarter. In essence, while Shri Gang Industries & Allied Products 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.