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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 46.4 % in the past year, substantial increase in net sales/revenue by 3.12 %.
- 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 74.82 %. Marginal increase in other income during this quarter, up by 47.64%.
- Profit over the Year and quarter: Significant improvement in profitability for Shri Jagdamba Polymers Ltd. Notable increase of 11.4 % in net profit Year to Year, Shri Jagdamba Polymers Ltd’s profitability dropped by -7.52 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 11.39 % Year to Year. EPS decreased by -7.44 % 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. 85.739 Cr | Rs. 121.721 Cr | Rs. 125.52 Cr | + 3.12 % | + 46.4 % |
Expenses | Rs. 72.08 Cr | Rs. 107.1 Cr | Rs. 109.45 Cr | + 2.19 % | + 51.85 % |
Operating Profit | Rs. 13.66 Cr | Rs. 14.62 Cr | Rs. 16.07 Cr | + 9.92 % | + 17.64 % |
OPM % | 15.93 % | 12.01 % | 12.8 % | + 0.79 % | -3.13 % |
Other Income | Rs. 1.358 Cr | Rs. 1.608 Cr | Rs. 2.374 Cr | + 47.64 % | + 74.82 % |
Interest | Rs. 0.37 Cr | Rs. 1.86 Cr | Rs. 3.09 Cr | + 66.13 % | + 735.14 % |
Depreciation | Rs. 1.96 Cr | Rs. 2.04 Cr | Rs. 2 Cr | -1.96 % | + 2.04 % |
Profit before tax | Rs. 12.69 Cr | Rs. 12.33 Cr | Rs. 13.35 Cr | + 8.27 % | + 5.2 % |
Tax % | 37.63 % | 22.74 % | 33.98 % | + 11.24 % | -3.65 % |
Net Profit | Rs. 7.91 Cr | Rs. 9.53 Cr | Rs. 8.82 Cr | -7.45 % | + 11.5 % |
EPS in Rs | Rs. 9.04 | Rs. 10.88 | Rs. 10.07 | -7.44 % | + 11.39 % |
Today, we’re looking at Shri Jagdamba Polymers Ltd’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 46.4 %. However, it did see a marginal increase of 3.12 % from the previous quarter. Expenses ticked up slightly by 2.19 % quarter-on-quarter, aligning with the annual rise of 51.85 %. Operating profit, while up 17.64 % compared to last year, faced a quarter-on-quarter increase of 9.92 %, 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 -3.13 %, but an expansion of 0.79 % sequentially. Other income rose by 47.64 % compared to the last quarter, despite an annual growth of 74.82 %. Interest expenses surged remarkably by 66.13 % from the previous quarter, yet the year-over-year increase remains at a moderate 735.14 %. Depreciation costs fell by -1.96 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 2.04 %. Profit before tax grew annually by 5.2 % but saw an increase from the preceding quarter by 8.27 %.
Tax expenses as a percentage of profits decreased slightly by -3.65 % compared to last year, with a more notable quarter-on-quarter increase of 11.24 %. Net profit rose by 11.5 % year-on-year but witnessed a -7.45 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 11.39 % but a quarterly fall of -7.44 %. 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.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 85.739 Cr | Rs. 121.721 Cr | Rs. 125.52 Cr | + 3.12 % | + 46.4 % |
Expenses | Rs. 72.08 Cr | Rs. 107.1 Cr | Rs. 109.45 Cr | + 2.19 % | + 51.85 % |
Operating Profit | Rs. 13.66 Cr | Rs. 14.62 Cr | Rs. 16.07 Cr | + 9.92 % | + 17.64 % |
Net Profit | Rs. 7.91 Cr | Rs. 9.53 Cr | Rs. 8.82 Cr | -7.45 % | + 11.5 % |
EPS in Rs | Rs. 9.04 | Rs. 10.88 | Rs. 10.07 | -7.44 % | + 11.39 % |
In reviewing Shri Jagdamba Polymers Ltd’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 46.4 % year-on-year growth, however, there was a minor increase of 3.12 % from the previous quarter. Expenses rose by 51.85 % compared to the previous year, with a 2.19 % increase quarter-on-quarter. Operating Profit surged by 17.64 % annually, and saw a 9.92 % increase from the last quarter.
Net Profit showed yearly increase of 11.5 %, and experienced a -7.45 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 11.39 % annually, however dipped by -7.44 % 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.
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