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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 experienced a substantial growth of 18.13 % in the past year, substantial increase in net sales/revenue by 9.79 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -47.27 %, Marginal decrease of -42.57% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for SML Isuzu Limited. Notable increase of 45.93 % in net profit Year to Year, SML Isuzu Limited’s profitability dropped by -11.33 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 45.93 % Year to Year. EPS decreased by -11.29 % 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. 631.61 Cr | Rs. 679.6 Cr | Rs. 746.1 Cr | + 9.79 % | + 18.13 % |
Expenses | Rs. 584.9 Cr | Rs. 608.4 Cr | Rs. 665.12 Cr | + 9.32 % | + 13.72 % |
Operating Profit | Rs. 46.71 Cr | Rs. 71.2 Cr | Rs. 80.98 Cr | + 13.74 % | + 73.37 % |
OPM % | 7.4 % | 10.48 % | 10.85 % | + 0.37 % | + 3.45 % |
Other Income | Rs. 2.2 Cr | Rs. 2.02 Cr | Rs. 1.16 Cr | -42.57 % | -47.27 % |
Interest | Rs. 5.22 Cr | Rs. 10.72 Cr | Rs. 8.1 Cr | -24.44 % | + 55.17 % |
Depreciation | Rs. 11.64 Cr | Rs. 12.1 Cr | Rs. 12.08 Cr | -0.17 % | + 3.78 % |
Profit before tax | Rs. 32.05 Cr | Rs. 50.4 Cr | Rs. 61.96 Cr | + 22.94 % | + 93.32 % |
Tax % | 0.81 % | 3.81 % | 25.13 % | + 21.32 % | + 24.32 % |
Net Profit | Rs. 31.79 Cr | Rs. 52.32 Cr | Rs. 46.39 Cr | -11.33 % | + 45.93 % |
EPS in Rs | Rs. 21.97 | Rs. 36.14 | Rs. 32.06 | -11.29 % | + 45.93 % |
Today, we’re looking at SML Isuzu Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 18.13 %. However, it did see a marginal increase of 9.79 % from the previous quarter. Expenses ticked up slightly by 9.32 % quarter-on-quarter, aligning with the annual rise of 13.72 %. Operating profit, while up 73.37 % compared to last year, faced a quarter-on-quarter increase of 13.74 %, 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 3.45 %, but an expansion of 0.37 % sequentially. Other income fell by -42.57 % compared to the last quarter, despite an annual decline of -47.27 %. Interest expenses dropped significantly by -24.44 % from the previous quarter, yet the year-over-year increase remains at a moderate 55.17 %. Depreciation costs fell by -0.17 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.78 %. Profit before tax grew annually by 93.32 % but saw an increase from the preceding quarter by 22.94 %.
Tax expenses as a percentage of profits increased slightly by 24.32 % compared to last year, with a more notable quarter-on-quarter increase of 21.32 %. Net profit rose by 45.93 % year-on-year but witnessed a -11.33 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 45.93 % but a quarterly fall of -11.29 %. In summary, SML Isuzu 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. 631.61 Cr | Rs. 679.6 Cr | Rs. 746.1 Cr | + 9.79 % | + 18.13 % |
Expenses | Rs. 584.9 Cr | Rs. 608.4 Cr | Rs. 665.12 Cr | + 9.32 % | + 13.72 % |
Operating Profit | Rs. 46.71 Cr | Rs. 71.2 Cr | Rs. 80.98 Cr | + 13.74 % | + 73.37 % |
Net Profit | Rs. 31.79 Cr | Rs. 52.32 Cr | Rs. 46.39 Cr | -11.33 % | + 45.93 % |
EPS in Rs | Rs. 21.97 | Rs. 36.14 | Rs. 32.06 | -11.29 % | + 45.93 % |
In reviewing SML Isuzu Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 18.13 % year-on-year growth, however, there was a minor increase of 9.79 % from the previous quarter. Expenses rose by 13.72 % compared to the previous year, with a 9.32 % increase quarter-on-quarter. Operating Profit surged by 73.37 % annually, and saw a 13.74 % increase from the last quarter.
Net Profit showed yearly increase of 45.93 %, and experienced a -11.33 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 45.93 % annually, however dipped by -11.29 % compared to the last quarter. In essence, while SML Isuzu 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.
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