Share the post "Smruthi Organics Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 7.83 % in YoY and increased by 68.89 % in QoQ"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 7.83 % in the past year, substantial increase in net sales/revenue by 68.89 %.
- 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 20 %. Marginal increase in other income during this quarter, up by 29.25%.
- Profit over the Year and quarter: Significant improvement in profitability for Smruthi Organics Limited. Notable increase of 119.83 % in net profit Year to Year, Smruthi Organics Limited’s profitability dropped by -166.27 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 24.30 % Year to Year. EPS decreased by -166.5 % 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. 36.777 Cr | Rs. 23.481 Cr | Rs. 39.658 Cr | + 68.89 % | + 7.83 % |
Expenses | Rs. 34.53 Cr | Rs. 24.66 Cr | Rs. 35.58 Cr | + 44.28 % | + 3.04 % |
Operating Profit | Rs. 2.25 Cr | Rs. -1.18 Cr | Rs. 4.08 Cr | + 445.76 % | + 81.33 % |
OPM % | 6.12 % | -5.03 % | 10.29 % | + 15.32 % | + 4.17 % |
Other Income | Rs. 0.05 Cr | Rs. 0 Cr | Rs. 0.06 Cr | + 0 % | + 20 % |
Interest | Rs. 0.25 Cr | Rs. 0.32 Cr | Rs. 0.37 Cr | + 15.63 % | + 48 % |
Depreciation | Rs. 1.24 Cr | Rs. 1.45 Cr | Rs. 1.59 Cr | + 9.66 % | + 28.23 % |
Profit before tax | Rs. 0.81 Cr | Rs. -2.95 Cr | Rs. 2.18 Cr | + 173.9 % | + 169.14 % |
Tax % | 14.48 % | -22.25 % | 30.51 % | + 52.76 % | + 16.03 % |
Net Profit | Rs. 0.69 Cr | Rs. -2.29 Cr | Rs. 1.52 Cr | + 166.38 % | + 120.29 % |
EPS in Rs | Rs. 1.07 | Rs. -2 | Rs. 1.33 | + 166.5 % | + 24.3 % |
Today, we’re looking at Smruthi Organics 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 7.83 %. However, it did see a marginal increase of 68.89 % from the previous quarter. Expenses ticked up slightly by 44.28 % quarter-on-quarter, aligning with the annual rise of 3.04 %. Operating profit, while up 81.33 % compared to last year, faced a quarter-on-quarter increase of 445.76 %, 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 4.17 %, but an expansion of 15.32 % sequentially. Other income rose by 29.25 % compared to the last quarter, despite an annual growth of 20 %. Interest expenses surged remarkably by 15.63 % from the previous quarter, yet the year-over-year increase remains at a moderate 48 %. Depreciation costs climbed by 9.66 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 28.23 %. Profit before tax grew annually by 169.14 % but saw an increase from the preceding quarter by 173.9 %.
Tax expenses as a percentage of profits increased slightly by 16.03 % compared to last year, with a more notable quarter-on-quarter increase of 52.76 %. Net profit rose by 120.29 % year-on-year but experienced a 166.38 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 24.3 % but a quarterly rise of 166.5 %. In summary, Smruthi Organics 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. 36.777 Cr | Rs. 23.481 Cr | Rs. 39.658 Cr | + 68.89 % | + 7.83 % |
Expenses | Rs. 34.53 Cr | Rs. 24.66 Cr | Rs. 35.58 Cr | + 44.28 % | + 3.04 % |
Operating Profit | Rs. 2.25 Cr | Rs. -1.18 Cr | Rs. 4.08 Cr | + 445.76 % | + 81.33 % |
Net Profit | Rs. 0.69 Cr | Rs. -2.29 Cr | Rs. 1.52 Cr | + 166.38 % | + 120.29 % |
EPS in Rs | Rs. 1.07 | Rs. -2 | Rs. 1.33 | + 166.5 % | + 24.3 % |
In reviewing Smruthi Organics Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7.83 % year-on-year growth, however, there was a minor increase of 68.89 % from the previous quarter. Expenses rose by 3.04 % compared to the previous year, with a 44.28 % increase quarter-on-quarter. Operating Profit surged by 81.33 % annually, and saw a 445.76 % increase from the last quarter.
Net Profit showed yearly increase of 120.29 %, and experienced a 166.38 % increase from the previous quarter. Earnings Per Share (EPS) rose by 24.3 % annually, however rose by 166.5 % compared to the last quarter. In essence, while Smruthi Organics 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.