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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -27.45 % over the year, substantial increase in net sales/revenue by 8.16 %.
- 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 4700 %. Marginal increase in other income during this quarter, up by 18.33%.
- Profit over the Year and quarter: Challenges in sustaining profitability for SKM Egg Products Export (India) Limited. Profit dropped by -69.67 % Year to Year, SKM Egg Products Export (India) Limited’s profitability dropped by -28.73 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -69.60 % Year to Year. EPS decreased by -28.54 % 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. 175.68 Cr | Rs. 117.84 Cr | Rs. 127.46 Cr | + 8.16 % | -27.45 % |
Expenses | Rs. 134.41 Cr | Rs. 101.14 Cr | Rs. 113.53 Cr | + 12.25 % | -15.53 % |
Operating Profit | Rs. 41.27 Cr | Rs. 16.7 Cr | Rs. 13.93 Cr | -16.59 % | -66.25 % |
OPM % | 23.49 % | 14.17 % | 10.93 % | -3.24 % | -12.56 % |
Other Income | Rs. -0.08 Cr | Rs. 3.11 Cr | Rs. 3.68 Cr | + 18.33 % | + 4700 % |
Interest | Rs. 2.52 Cr | Rs. 2.84 Cr | Rs. 2.48 Cr | -12.68 % | -1.59 % |
Depreciation | Rs. 2.71 Cr | Rs. 3.04 Cr | Rs. 3.06 Cr | + 0.66 % | + 12.92 % |
Profit before tax | Rs. 35.96 Cr | Rs. 13.93 Cr | Rs. 12.07 Cr | -13.35 % | -66.43 % |
Tax % | 25.22 % | 15.43 % | 26.84 % | + 11.41 % | + 1.62 % |
Net Profit | Rs. 28.39 Cr | Rs. 12.08 Cr | Rs. 8.61 Cr | -28.73 % | -69.67 % |
EPS in Rs | Rs. 10.79 | Rs. 4.59 | Rs. 3.28 | -28.54 % | -69.6 % |
Today, we’re looking at SKM Egg Products Export (India) Limited’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 -27.45 %. However, it did see a marginal increase of 8.16 % from the previous quarter. Expenses ticked up slightly by 12.25 % quarter-on-quarter, aligning with the annual decline of -15.53 %. Operating profit, while down -66.25 % compared to last year, faced a quarter-on-quarter dip of -16.59 %, 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 -12.56 %, but a shrinkage of -3.24 % sequentially. Other income rose by 18.33 % compared to the last quarter, despite an annual growth of 4700 %. Interest expenses dropped significantly by -12.68 % from the previous quarter, yet the year-over-year decrease remains at a moderate -1.59 %. Depreciation costs climbed by 0.66 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 12.92 %. Profit before tax declined annually by -66.43 % but saw a reduction from the preceding quarter by -13.35 %.
Tax expenses as a percentage of profits increased slightly by 1.62 % compared to last year, with a more notable quarter-on-quarter increase of 11.41 %. Net profit fell by -69.67 % year-on-year but witnessed a -28.73 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -69.6 % but a quarterly fall of -28.54 %. In summary, SKM Egg Products Export (India) 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. 175.68 Cr | Rs. 117.84 Cr | Rs. 127.46 Cr | + 8.16 % | -27.45 % |
Expenses | Rs. 134.41 Cr | Rs. 101.14 Cr | Rs. 113.53 Cr | + 12.25 % | -15.53 % |
Operating Profit | Rs. 41.27 Cr | Rs. 16.7 Cr | Rs. 13.93 Cr | -16.59 % | -66.25 % |
Net Profit | Rs. 28.39 Cr | Rs. 12.08 Cr | Rs. 8.61 Cr | -28.73 % | -69.67 % |
EPS in Rs | Rs. 10.79 | Rs. 4.59 | Rs. 3.28 | -28.54 % | -69.6 % |
In reviewing SKM Egg Products Export (India) Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -27.45 % year-on-year, however, there was a minor increase of 8.16 % from the previous quarter. Expenses decreased by -15.53 % compared to the previous year, with a 12.25 % increase quarter-on-quarter. Operating Profit dropped by -66.25 % annually, and saw a -16.59 % decrease from the last quarter.
Net Profit showed yearly decrease of -69.67 %, and experienced a -28.73 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -69.6 % annually, however dipped by -28.54 % compared to the last quarter. In essence, while SKM Egg Products Export (India) Limited 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.
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