NIFTY 50 22795.9 ▼ (0.51%)
NIFTY NEXT 50 60466.8 ▼ (0.94%)
NIFTY 100 23274.05 ▼ (0.59%)
NIFTY MIDCAP 100 50486.2 ▼ (1.32%)
NIFTY SMALLCAP 100 15636.9 ▼ (0.7%)
NIFTY SMALLCAP 250 14683.4 ▼ (0.57%)
NIFTY MIDCAP SELECT 11198.9 ▼ (1.69%)
NIFTY TOTAL MARKET 11634.25 ▼ (0.67%)
NIFTY BANK 48981.2 ▼ (0.72%)
SENSEX 75311.06 ▼ (0.56%)
BSE BANKEX 55718.18 ▼ (0.82%)

Sigachi Industries : Q4 2024 Financial Quarterly Report : YoY Sales Up 9.96 %, QoQ Up 8.88 %

June 14, 2024June 14, 2024| adminadmin| 0 Comments| 5:30 pm
Image is loading
Categories:

Share the post "Sigachi Industries : Q4 2024 Financial Quarterly Report : YoY Sales Up 9.96 %, QoQ Up 8.88 %"

  • Facebook
  • LinkedIn
  • X
  • Tumblr
  • WhatsApp
  • TelegramTelegram
  • Email

Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 9.96 % in the past year, substantial increase in net sales/revenue by 8.88 %.
  • 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 362.58 %. Marginal increase in other income during this quarter, up by 326.79%.
  • Profit over the Year and quarter: Significant improvement in profitability for Sigachi Industries Limited. Notable increase of 24.39 % in net profit Year to Year, Sigachi Industries Limited’s profitability increased by 8.89 % in this quarter.
  • EPS over the Year and quarter: EPS declined by -87.95 % Year to Year. EPS increased by 5.71 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Sigachi Industries Limited”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. 76.079 Cr Rs. 76.833 Cr Rs. 83.655 Cr + 8.88 % + 9.96 %
Expenses Rs. 62.08 Cr Rs. 61.03 Cr Rs. 68.68 Cr + 12.53 % + 10.63 %
Operating Profit Rs. 14 Cr Rs. 15.8 Cr Rs. 14.98 Cr -5.19 % + 7 %
OPM % 18.4 % 20.56 % 17.91 % -2.65 % -0.49 %
Other Income Rs. 1.55 Cr Rs. 1.68 Cr Rs. 7.17 Cr + 326.79 % + 362.58 %
Interest Rs. 1.41 Cr Rs. 1.67 Cr Rs. 2.43 Cr + 45.51 % + 72.34 %
Depreciation Rs. 1.98 Cr Rs. 2.06 Cr Rs. 2.72 Cr + 32.04 % + 37.37 %
Profit before tax Rs. 12.16 Cr Rs. 13.75 Cr Rs. 17 Cr + 23.64 % + 39.8 %
Tax % 22.5 % 21.73 % 30.96 % + 9.23 % + 8.46 %
Net Profit Rs. 9.43 Cr Rs. 10.77 Cr Rs. 11.73 Cr + 8.91 % + 24.39 %
EPS in Rs Rs. 3.07 Rs. 0.3 Rs. 0.31 + 3.33 % -89.9 %


Today, we’re looking at Sigachi Industries 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 9.96 %. However, it did see a marginal increase of 8.88 % from the previous quarter. Expenses ticked up slightly by 12.53 % quarter-on-quarter, aligning with the annual rise of 10.63 %. Operating profit, while up 7 % compared to last year, faced a quarter-on-quarter dip of -5.19 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.49 %, but a shrinkage of -2.65 % sequentially. Other income rose by 326.79 % compared to the last quarter, despite an annual growth of 362.58 %. Interest expenses surged remarkably by 45.51 % from the previous quarter, yet the year-over-year increase remains at a moderate 72.34 %. Depreciation costs climbed by 32.04 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 37.37 %. Profit before tax grew annually by 39.8 % but saw an increase from the preceding quarter by 23.64 %.
Tax expenses as a percentage of profits increased slightly by 8.46 % compared to last year, with a more notable quarter-on-quarter increase of 9.23 %. Net profit rose by 24.39 % year-on-year but experienced a 8.91 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -89.9 % but a quarterly rise of 3.33 %. In summary, Sigachi Industries 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. 76.079 Cr Rs. 76.833 Cr Rs. 83.655 Cr + 8.88 % + 9.96 %
Expenses Rs. 62.08 Cr Rs. 61.03 Cr Rs. 68.68 Cr + 12.53 % + 10.63 %
Operating Profit Rs. 14 Cr Rs. 15.8 Cr Rs. 14.98 Cr -5.19 % + 7 %
Net Profit Rs. 9.43 Cr Rs. 10.77 Cr Rs. 11.73 Cr + 8.91 % + 24.39 %
EPS in Rs Rs. 3.07 Rs. 0.3 Rs. 0.31 + 3.33 % -89.9 %


In reviewing Sigachi Industries Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 9.96 % year-on-year growth, however, there was a minor increase of 8.88 % from the previous quarter. Expenses rose by 10.63 % compared to the previous year, with a 12.53 % increase quarter-on-quarter. Operating Profit surged by 7 % annually, and saw a -5.19 % decrease from the last quarter.
Net Profit showed yearly increase of 24.39 %, and experienced a 8.91 % increase from the previous quarter. Earnings Per Share (EPS) fell by -89.9 % annually, however rose by 3.33 % compared to the last quarter. In essence, while Sigachi Industries Limited 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.

[my_shortcode1 values=”Sigachi Industries “]

Related Post