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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 53.14% in the past year Substantial increase in net sales/revenue by 47.51%.
- 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 676.6%Marginal increase in other income during this quarter, up by 1927.78%.
- Profit over the Year and quarter: Significant improvement in profitability for Som Distilleries & Breweries Ltd.. Notable increase of 25.93% in net profit Year to YearSom Distilleries & Breweries Ltd.’s profitability increased by 11.09% in this quarter.
- EPS over the Year and quarter: EPS increased by 18.43% Year to Year.EPS increased by 10.78%. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 482.368 Cr | Rs. 500.799 Cr | Rs. 738.719 Cr | + 47.51% | + 53.14% |
Expenses | Rs. 454.27 Cr | Rs. 468.97 Cr | Rs. 696.83 Cr | + 48.59% | + 53.4% |
Operating Profit | Rs. 28.1 Cr | Rs. 31.83 Cr | Rs. 41.89 Cr | + 31.61% | + 49.07% |
OPM % | 5.83 % | 6.36 % | 5.67 % | -0.69% | -0.16% |
Other Income | Rs. 0.47 Cr | Rs. 0.18 Cr | Rs. 3.65 Cr | + 1927.78% | + 676.6% |
Interest | Rs. 4.06 Cr | Rs. 2.67 Cr | Rs. 3.49 Cr | + 30.71% | -14.04% |
Depreciation | Rs. 4.2 Cr | Rs. 5.58 Cr | Rs. 5.88 Cr | + 5.38% | + 40% |
Profit before tax | Rs. 20.31 Cr | Rs. 23.76 Cr | Rs. 36.17 Cr | + 52.23% | + 78.09% |
Tax % | 21.89 % | 24.27 % | 44.73 % | + 20.46% | + 22.84% |
Net Profit | Rs. 15.87 Cr | Rs. 17.99 Cr | Rs. 19.99 Cr | + 11.12% | + 25.96% |
EPS in Rs | Rs. 2.17 | Rs. 2.32 | Rs. 2.57 | + 10.78% | + 18.43% |
Today, we’re looking at Som Distilleries & Breweries Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 53.14%. However, it did see a marginal increase of 47.51% from the previous quarter.Expenses ticked up slightly by 48.59% quarter-on-quarter, aligning with the annual rise of 53.4%. Operating profit, while up 49.07% compared to last year, faced a quarter-on-quarter increase of 31.61%, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.16%, but a shrinkage of -0.69% sequentially. Other income rose by 1927.78% compared to the last quarter,despite an annual growth of 676.6%. Interest expenses surged remarkably by 30.71% from the previous quarter, yet the year-over-year decrease remains at a moderate -14.04%. Depreciation costs climbed by 5.38% quarter-on-quarter, whereas on an annual scale, they saw an increase of 40%. Profit before tax grew annually by 78.09% but saw an increase from the preceding quarter by 52.23%.
Tax expenses as a percentage of profits increased slightly by 22.84% compared to last year, with a more notable quarter-on-quarter increase of 20.46%. Net profit rose by 25.96% year-on-year but experienced a 11.12% expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 18.43% but a quarterly rise of 10.78%. In summary, Som Distilleries & Breweries 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. 482.368 Cr | Rs. 500.799 Cr | Rs. 738.719 Cr | + 47.51% | + 53.14% |
Expenses | Rs. 454.27 Cr | Rs. 468.97 Cr | Rs. 696.83 Cr | + 48.59% | + 53.4% |
Operating Profit | Rs. 28.1 Cr | Rs. 31.83 Cr | Rs. 41.89 Cr | + 31.61% | + 49.07% |
Net Profit | Rs. 15.87 Cr | Rs. 17.99 Cr | Rs. 19.99 Cr | + 11.12% | + 25.96% |
EPS in Rs | Rs. 2.17 | Rs. 2.32 | Rs. 2.57 | + 10.78% | + 18.43% |
In reviewing Som Distilleries & Breweries Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.62% year-on-year growth, however, there was a minor increase of 47.51% from the previous quarter. Expenses rose by 53.4% compared to the previous year, with a 48.59% increase quarter-on-quarter. Operating Profit surged by 49.07% annually, and saw a 31.61% increase from the last quarter.
Net Profit showed yearly increase of 25.96%, and experienced a 11.12% increase from the previous quarter. Earnings Per Share (EPS) rose by 18.43% annually, however rose by 10.78% compared to the last quarter. In essence, while Som Distilleries & Breweries Ltd. 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.