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Sobhagya Merchantile : Q4 2024 Financial Quarterly Report : YoY Sales Down 29.3 %, QoQ Up 19.22 %

June 30, 2024June 30, 2024| adminadmin| 0 Comments| 10:50 pm
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Highlights

  • Sales over the Year and quarter: The company’s sales declined by -29.3 % over the year, substantial increase in net sales/revenue by 19.22 %.
  • 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 30.59 %. Marginal increase in other income during this quarter, up by 27.59%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Sobhagya Merchantile Ltd.. Profit dropped by -12.83 % Year to Year, Sobhagya Merchantile Ltd.’s profitability increased by 82.18 % in this quarter.
  • EPS over the Year and quarter: EPS declined by -12.67 % Year to Year. EPS increased by 81.23 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Sobhagya Merchantile 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. 44.785 Cr Rs. 26.557 Cr Rs. 31.661 Cr + 19.22 % -29.3 %
Expenses Rs. 39.15 Cr Rs. 23.43 Cr Rs. 27.01 Cr + 15.28 % -31.01 %
Operating Profit Rs. 5.64 Cr Rs. 3.13 Cr Rs. 4.65 Cr + 48.56 % -17.55 %
OPM % 12.59 % 11.79 % 14.69 % + 2.9 % + 2.1 %
Other Income Rs. 0.85 Cr Rs. 0.87 Cr Rs. 1.11 Cr + 27.59 % + 30.59 %
Interest Rs. 0.12 Cr Rs. 0.71 Cr Rs. 0.32 Cr -54.93 % + 166.67 %
Depreciation Rs. 0.14 Cr Rs. 0.14 Cr Rs. 0.14 Cr + 0 % + 0 %
Profit before tax Rs. 6.23 Cr Rs. 3.15 Cr Rs. 5.3 Cr + 68.25 % -14.93 %
Tax % 27.65 % 31.34 % 25.64 % -5.7 % -2.01 %
Net Profit Rs. 4.51 Cr Rs. 2.16 Cr Rs. 3.94 Cr + 82.41 % -12.64 %
EPS in Rs Rs. 188.04 Rs. 90.61 Rs. 164.21 + 81.23 % -12.67 %


Today, we’re looking at Sobhagya Merchantile Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -29.3 %. However, it did see a marginal increase of 19.22 % from the previous quarter. Expenses ticked up slightly by 15.28 % quarter-on-quarter, aligning with the annual decline of -31.01 %. Operating profit, while down -17.55 % compared to last year, faced a quarter-on-quarter increase of 48.56 %, 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 2.1 %, but an expansion of 2.9 % sequentially. Other income rose by 27.59 % compared to the last quarter, despite an annual growth of 30.59 %. Interest expenses dropped significantly by -54.93 % from the previous quarter, yet the year-over-year increase remains at a moderate 166.67 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -14.93 % but saw an increase from the preceding quarter by 68.25 %.
Tax expenses as a percentage of profits decreased slightly by -2.01 % compared to last year, with a more notable quarter-on-quarter decrease of -5.7 %. Net profit fell by -12.64 % year-on-year but experienced a 82.41 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -12.67 % but a quarterly rise of 81.23 %. In summary, Sobhagya Merchantile 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. 44.785 Cr Rs. 26.557 Cr Rs. 31.661 Cr + 19.22 % -29.3 %
Expenses Rs. 39.15 Cr Rs. 23.43 Cr Rs. 27.01 Cr + 15.28 % -31.01 %
Operating Profit Rs. 5.64 Cr Rs. 3.13 Cr Rs. 4.65 Cr + 48.56 % -17.55 %
Net Profit Rs. 4.51 Cr Rs. 2.16 Cr Rs. 3.94 Cr + 82.41 % -12.64 %
EPS in Rs Rs. 188.04 Rs. 90.61 Rs. 164.21 + 81.23 % -12.67 %


In reviewing Sobhagya Merchantile Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -29.3 % year-on-year, however, there was a minor increase of 19.22 % from the previous quarter. Expenses decreased by -31.01 % compared to the previous year, with a 15.28 % increase quarter-on-quarter. Operating Profit dropped by -17.55 % annually, and saw a 48.56 % increase from the last quarter.
Net Profit showed yearly decrease of -12.64 %, and experienced a 82.41 % increase from the previous quarter. Earnings Per Share (EPS) fell by -12.67 % annually, however rose by 81.23 % compared to the last quarter. In essence, while Sobhagya Merchantile Ltd. faces strong annual decline 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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