Share the post "Som Distilleries & Breweries ‘s Q2 Financial results: Revenue Grows by 22.99% YoY"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 22.99 % in the past year, decrease in net sales/revenue by -43.39 %.
- 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 315.2 %. Marginal increase in other income during this quarter, up by 86.49%.
- Profit over the Year and quarter: Significant improvement in profitability for Som Distilleries & Breweries Ltd.. Notable increase of 25.91 % in net profit Year to Year, Som Distilleries & Breweries Ltd.’s profitability dropped by -53.89 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -49.21 % Year to Year. EPS decreased by -53.85 % 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. 466.144 Cr | Rs. 1012.709 Cr | Rs. 573.307 Cr | -43.39 % | + 22.99 % |
Expenses | Rs. 438.94 Cr | Rs. 948.53 Cr | Rs. 539.34 Cr | -43.14 % | + 22.87 % |
Operating Profit | Rs. 27.2 Cr | Rs. 64.18 Cr | Rs. 33.97 Cr | -47.07 % | + 24.89 % |
OPM % | 5.84 % | 6.34 % | 5.93 % | -0.41 % | + 0.09 % |
Other Income | Rs. 0.296 Cr | Rs. 0.659 Cr | Rs. 1.229 Cr | + 86.49 % | + 315.2 % |
Interest | Rs. 2.57 Cr | Rs. 2.73 Cr | Rs. 3.01 Cr | + 10.26 % | + 17.12 % |
Depreciation | Rs. 5.62 Cr | Rs. 6.07 Cr | Rs. 6.17 Cr | + 1.65 % | + 9.79 % |
Profit before tax | Rs. 19.31 Cr | Rs. 56.04 Cr | Rs. 26.02 Cr | -53.57 % | + 34.75 % |
Tax % | 23.1 % | 27.64 % | 28.13 % | + 0.49 % | + 5.03 % |
Net Profit | Rs. 14.85 Cr | Rs. 40.55 Cr | Rs. 18.7 Cr | -53.88 % | + 25.93 % |
EPS in Rs | Rs. 1.87 | Rs. 2.07 | Rs. 0.95 | -54.11 % | -49.2 % |
Today, we’re looking at Som Distilleries & Breweries Ltd.’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 22.99 %. However, it did see a marginal slip of -43.39 % from the previous quarter. Expenses decreased slightly by -43.14 % quarter-on-quarter, aligning with the annual rise of 22.87 %. Operating profit, while up 24.89 % compared to last year, faced a quarter-on-quarter dip of -47.07 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.09 %, but a shrinkage of -0.41 % sequentially. Other income rose by 86.49 % compared to the last quarter, despite an annual growth of 315.2 %. Interest expenses surged remarkably by 10.26 % from the previous quarter, yet the year-over-year increase remains at a moderate 17.12 %. Depreciation costs climbed by 1.65 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 9.79 %. Profit before tax grew annually by 34.75 % but saw a reduction from the preceding quarter by -53.57 %.
Tax expenses as a percentage of profits increased slightly by 5.03 % compared to last year, with a more notable quarter-on-quarter increase of 0.49 %. Net profit rose by 25.93 % year-on-year but witnessed a -53.88 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -49.2 % but a quarterly fall of -54.11 %. 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. 466.144 Cr | Rs. 1012.709 Cr | Rs. 573.307 Cr | -43.39 % | + 22.99 % |
Expenses | Rs. 438.94 Cr | Rs. 948.53 Cr | Rs. 539.34 Cr | -43.14 % | + 22.87 % |
Operating Profit | Rs. 27.2 Cr | Rs. 64.18 Cr | Rs. 33.97 Cr | -47.07 % | + 24.89 % |
Net Profit | Rs. 14.85 Cr | Rs. 40.55 Cr | Rs. 18.7 Cr | -53.88 % | + 25.93 % |
EPS in Rs | Rs. 1.87 | Rs. 2.07 | Rs. 0.95 | -54.11 % | -49.2 % |
In reviewing Som Distilleries & Breweries Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 22.99 % year-on-year growth, although there was a slight dip of -43.39 % from the previous quarter. Expenses rose by 22.87 % compared to the previous year, with a decrease of -43.14 % quarter-on-quarter. Operating Profit surged by 24.89 % annually, and saw a -47.07 % decrease from the last quarter.
Net Profit showed yearly increase of 25.93 %, and experienced a -53.88 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -49.2 % annually, however dipped by -54.11 % compared to the last quarter. In essence, while Som Distilleries & Breweries Ltd. exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
[my_shortcode1 values=”Som Distilleries & Breweries Ltd.”]