Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 11650 % in the past year, substantial increase in net sales/revenue by 217.57 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -89.73 %, Marginal decrease of -71.15% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Shricon Industries Ltd.,. Profit dropped by -86.12 % Year to Year, Shricon Industries Ltd.,’s profitability dropped by -63.23 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -86.16 % Year to Year. EPS decreased by -63.29 % 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. 0.002 Cr | Rs. 0.074 Cr | Rs. 0.235 Cr | + 217.57 % | + 11650 % |
| Expenses | Rs. 0.02 Cr | Rs. 0.08 Cr | Rs. 0.2 Cr | + 150 % | + 900 % |
| Operating Profit | Rs. -0.02 Cr | Rs. -0.01 Cr | Rs. 0.04 Cr | + 500 % | + 300 % |
| OPM % | -1000 % | -13.51 % | 17.02 % | + 30.53 % | + 1017.02 % |
| Other Income | Rs. 1.46 Cr | Rs. 0.52 Cr | Rs. 0.15 Cr | -71.15 % | -89.73 % |
| Interest | Rs. 0.07 Cr | Rs. 0.01 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.01 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Profit before tax | Rs. 1.36 Cr | Rs. 0.5 Cr | Rs. 0.19 Cr | -62 % | -86.03 % |
| Tax % | 0 % | 0 % | 0 % | 0 % | 0 % |
| Net Profit | Rs. 1.36 Cr | Rs. 0.51 Cr | Rs. 0.19 Cr | -62.75 % | -86.03 % |
| EPS in Rs | Rs. 10.98 | Rs. 4.14 | Rs. 1.52 | -63.29 % | -86.16 % |
Today, we’re looking at Shricon Industries 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 11650 %. However, it did see a marginal increase of 217.57 % from the previous quarter. Expenses ticked up slightly by 150 % quarter-on-quarter, aligning with the annual rise of 900 %. Operating profit, while up 300 % compared to last year, faced a quarter-on-quarter increase of 500 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 1017.02 %, but an expansion of 30.53 % sequentially. Other income fell by -71.15 % compared to the last quarter, despite an annual decline of -89.73 %. Profit before tax declined annually by -86.03 % but saw a reduction from the preceding quarter by -62 %.
Net profit fell by -86.03 % year-on-year but witnessed a -62.75 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -86.16 % but a quarterly fall of -63.29 %. In summary, Shricon Industries 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. 0.002 Cr | Rs. 0.074 Cr | Rs. 0.235 Cr | + 217.57 % | + 11650 % |
| Expenses | Rs. 0.02 Cr | Rs. 0.08 Cr | Rs. 0.2 Cr | + 150 % | + 900 % |
| Operating Profit | Rs. -0.02 Cr | Rs. -0.01 Cr | Rs. 0.04 Cr | + 500 % | + 300 % |
| Net Profit | Rs. 1.36 Cr | Rs. 0.51 Cr | Rs. 0.19 Cr | -62.75 % | -86.03 % |
| EPS in Rs | Rs. 10.98 | Rs. 4.14 | Rs. 1.52 | -63.29 % | -86.16 % |
In reviewing Shricon Industries Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 11650 % year-on-year growth, however, there was a minor increase of 217.57 % from the previous quarter. Expenses rose by 900 % compared to the previous year, with a 150 % increase quarter-on-quarter. Operating Profit surged by 300 % annually, and saw a 500 % increase from the last quarter.
Net Profit showed yearly decrease of -86.03 %, and experienced a -62.75 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -86.16 % annually, however dipped by -63.29 % compared to the last quarter. In essence, while Shricon Industries Ltd., 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.
