Shri Jagdamba Polymers : Q4 2024 Financial Quarterly Report : YoY Sales Up 66.54 %, QoQ Up 55.78 %

The comprehensive analytics outlining the performance and outlook of Shri Jagdamba Polymers 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.

Today, we’re looking at Shri Jagdamba Polymers 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 66.54 %. However, it did see a marginal increase of 55.78 % from the previous quarter. Expenses ticked up slightly by 61.36 % quarter-on-quarter, aligning with the annual rise of 73.7 %. Operating profit, while up 34.84 % compared to last year, faced a quarter-on-quarter increase of 30.14 %, 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 -3.51 %, but a shrinkage of -2.94 % sequentially. Other income rose by 28.46 % compared to the last quarter, despite an annual growth of 267.44 %. Interest expenses surged remarkably by 2450 % from the previous quarter, yet the year-over-year increase remains at a moderate 389.04 %. Depreciation costs fell by -5.05 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -6 %. Profit before tax declined annually by -1.74 % but saw a reduction from the preceding quarter by -22.39 %.
Tax expenses as a percentage of profits decreased slightly by -22.35 % compared to last year, with a more notable quarter-on-quarter decrease of -15.07 %. Net profit rose by 32.21 % year-on-year but witnessed a -6 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 28.22 % but a quarterly fall of -5.99 %. In summary, Shri Jagdamba Polymers Ltd’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Shri Jagdamba Polymers Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 66.54 % year-on-year growth, however, there was a minor increase of 55.78 % from the previous quarter. Expenses rose by 73.7 % compared to the previous year, with a 61.36 % increase quarter-on-quarter. Operating Profit surged by 34.84 % annually, and saw a 30.14 % increase from the last quarter.
Net Profit showed yearly increase of 32.21 %, and experienced a -6 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 28.22 % annually, however dipped by -5.99 % compared to the last quarter. In essence, while Shri Jagdamba Polymers Ltd exhibits strong annual growth 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.