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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 88.75 % in the past year,
- Income over the Year and quarter: There has been decline in other income over the past year which is -90.91 %,
- Profit over the Year and quarter: Challenges in sustaining profitability for Shukra Jewellers Limited. Profit dropped by -63.92 % Year to Year, Shukra Jewellers Limited’s profitability dropped by -228.09 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -65.22 % Year to Year. EPS decreased by -214.29 % 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. 1.645 Cr | Rs. 0 Cr | Rs. 3.105 Cr | 0 % | + 88.75 % |
Expenses | Rs. 1.44 Cr | Rs. 0.09 Cr | Rs. 3 Cr | + 3233.33 % | + 108.33 % |
Operating Profit | Rs. 0.21 Cr | Rs. -0.09 Cr | Rs. 0.11 Cr | + 222.22 % | -47.62 % |
OPM % | 12.77 % | 0 % | 3.54 % | + 3.54 % | -9.23 % |
Other Income | Rs. 0.22 Cr | Rs. -0 Cr | Rs. 0.02 Cr | 0 % | -90.91 % |
Interest | Rs. 0.06 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.03 Cr | Rs. 0 Cr | Rs. 0.02 Cr | 0 % | -33.33 % |
Profit before tax | Rs. 0.34 Cr | Rs. -0.09 Cr | Rs. 0.11 Cr | + 222.22 % | -67.65 % |
Tax % | 5.39 % | -0 % | 0 % | 0 % | -5.39 % |
Net Profit | Rs. 0.32 Cr | Rs. -0.09 Cr | Rs. 0.11 Cr | + 222.22 % | -65.63 % |
EPS in Rs | Rs. 0.23 | Rs. -0.07 | Rs. 0.08 | + 214.29 % | -65.22 % |
Today, we’re looking at Shukra Jewellers 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 88.75 %. Expenses ticked up slightly by 3233.33 % quarter-on-quarter, aligning with the annual rise of 108.33 %. Operating profit, while down -47.62 % compared to last year, faced a quarter-on-quarter increase of 222.22 %, 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 -9.23 %, but an expansion of 3.54 % sequentially. despite an annual decline of -90.91 %. yet on an annual scale, they experienced a reduction of -33.33 %. Profit before tax declined annually by -67.65 % but saw an increase from the preceding quarter by 222.22 %.
Tax expenses as a percentage of profits decreased slightly by -5.39 % compared to last year, Net profit fell by -65.63 % year-on-year but experienced a 222.22 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -65.22 % but a quarterly rise of 214.29 %. In summary, Shukra Jewellers 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. 1.645 Cr | Rs. 0 Cr | Rs. 3.105 Cr | 0 % | + 88.75 % |
Expenses | Rs. 1.44 Cr | Rs. 0.09 Cr | Rs. 3 Cr | + 3233.33 % | + 108.33 % |
Operating Profit | Rs. 0.21 Cr | Rs. -0.09 Cr | Rs. 0.11 Cr | + 222.22 % | -47.62 % |
Net Profit | Rs. 0.32 Cr | Rs. -0.09 Cr | Rs. 0.11 Cr | + 222.22 % | -65.63 % |
EPS in Rs | Rs. 0.23 | Rs. -0.07 | Rs. 0.08 | + 214.29 % | -65.22 % |
In reviewing Shukra Jewellers Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 88.75 % year-on-year growth, Expenses rose by 108.33 % compared to the previous year, with a 3233.33 % increase quarter-on-quarter. Operating Profit dropped by -47.62 % annually, and saw a 222.22 % increase from the last quarter.
Net Profit showed yearly decrease of -65.63 %, and experienced a 222.22 % increase from the previous quarter. Earnings Per Share (EPS) fell by -65.22 % annually, however rose by 214.29 % compared to the last quarter. In essence, while Shukra Jewellers Limited faces strong annual decline 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.