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Sibar Auto Parts ‘s Q2 Update: Revenue Decreases by 6.23% Year-on-Year

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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’s sales declined by -6.23 % over the year, substantial increase in net sales/revenue by 32.25 %.
  • 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 115 %. Marginal decrease of -4.44% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for Sibar Auto Parts Ltd.. Notable increase of 32 % in net profit Year to Year, Sibar Auto Parts Ltd.’s profitability dropped by -110.89 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 0.00 % Year to Year. EPS decreased by -200 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Sibar Auto Parts 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.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 6.482 Cr Rs. 4.596 Cr Rs. 6.078 Cr + 32.25 % -6.23 %
Expenses Rs. 6.21 Cr Rs. 4.71 Cr Rs. 5.87 Cr + 24.63 % -5.48 %
Operating Profit Rs. 0.27 Cr Rs. -0.11 Cr Rs. 0.21 Cr + 290.91 % -22.22 %
OPM % 4.17 % -2.39 % 3.46 % + 5.85 % -0.71 %
Other Income Rs. 0.02 Cr Rs. 0.045 Cr Rs. 0.043 Cr -4.44 % + 115 %
Interest Rs. 0.13 Cr Rs. 0.1 Cr Rs. 0.08 Cr -20 % -38.46 %
Depreciation Rs. 0.14 Cr Rs. 0.14 Cr Rs. 0.14 Cr + 0 % + 0 %
Profit before tax Rs. 0.02 Cr Rs. -0.31 Cr Rs. 0.03 Cr + 109.68 % + 50 %
Tax % 0 % -0 % 0 % 0 % 0 %
Net Profit Rs. 0.03 Cr Rs. -0.3 Cr Rs. 0.03 Cr + 110 % + 0 %
EPS in Rs Rs. 0.02 Rs. -0.02 Rs. 0.2 + 1100 % + 900 %


Today, we’re looking at Sibar Auto Parts Ltd.’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -6.23 %. However, it did see a marginal increase of 32.25 % from the previous quarter. Expenses ticked up slightly by 24.63 % quarter-on-quarter, aligning with the annual decline of -5.48 %. Operating profit, while down -22.22 % compared to last year, faced a quarter-on-quarter increase of 290.91 %, 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 -0.71 %, but an expansion of 5.85 % sequentially. Other income fell by -4.44 % compared to the last quarter, despite an annual growth of 115 %. Interest expenses dropped significantly by -20 % from the previous quarter, yet the year-over-year decrease remains at a moderate -38.46 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 50 % but saw an increase from the preceding quarter by 109.68 %.
Net profit rose by 0 % year-on-year but experienced a 110 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 900 % but a quarterly rise of 1100 %. In summary, Sibar Auto Parts 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. 6.482 Cr Rs. 4.596 Cr Rs. 6.078 Cr + 32.25 % -6.23 %
Expenses Rs. 6.21 Cr Rs. 4.71 Cr Rs. 5.87 Cr + 24.63 % -5.48 %
Operating Profit Rs. 0.27 Cr Rs. -0.11 Cr Rs. 0.21 Cr + 290.91 % -22.22 %
Net Profit Rs. 0.03 Cr Rs. -0.3 Cr Rs. 0.03 Cr + 110 % + 0 %
EPS in Rs Rs. 0.02 Rs. -0.02 Rs. 0.2 + 1100 % + 900 %


In reviewing Sibar Auto Parts Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -6.23 % year-on-year, however, there was a minor increase of 32.25 % from the previous quarter. Expenses decreased by -5.48 % compared to the previous year, with a 24.63 % increase quarter-on-quarter. Operating Profit dropped by -22.22 % annually, and saw a 290.91 % increase from the last quarter.
Net Profit showed yearly increase of 0 %, and experienced a 110 % increase from the previous quarter. Earnings Per Share (EPS) rose by 900 % annually, however rose by 1100 % compared to the last quarter. In essence, while Sibar Auto Parts 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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