Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 14.53 % in the past year, decrease in net sales/revenue by -12.1 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -60.57 %, Marginal increase in other income during this quarter, up by 180.37%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Sonata Software Ltd.. Profit dropped by -3 % Year to Year, Sonata Software Ltd.’s profitability dropped by -339.08 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -51.59 % Year to Year. EPS decreased by -339.16 % 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. 1913.5 Cr | Rs. 2493.35 Cr | Rs. 2191.61 Cr | -12.1 % | + 14.53 % |
| Expenses | Rs. 1761.9 Cr | Rs. 2285.64 Cr | Rs. 2047.49 Cr | -10.42 % | + 16.21 % |
| Operating Profit | Rs. 151.6 Cr | Rs. 207.71 Cr | Rs. 144.12 Cr | -30.61 % | -4.93 % |
| OPM % | 7.92 % | 8.33 % | 6.58 % | -1.75 % | -1.34 % |
| Other Income | Rs. 138.74 Cr | Rs. 19.51 Cr | Rs. 54.7 Cr | + 180.37 % | -60.57 % |
| Interest | Rs. 7.17 Cr | Rs. 21.94 Cr | Rs. 21.57 Cr | -1.69 % | + 200.84 % |
| Depreciation | Rs. 18.92 Cr | Rs. 33.72 Cr | Rs. 33.67 Cr | -0.15 % | + 77.96 % |
| Profit before tax | Rs. 264.25 Cr | Rs. 171.56 Cr | Rs. 143.58 Cr | -16.31 % | -45.67 % |
| Tax % | 24.4 % | -1389.03 % | 23.14 % | + 1412.17 % | -1.26 % |
| Net Profit | Rs. 113.77 Cr | Rs. -46.16 Cr | Rs. 110.36 Cr | + 339.08 % | -3 % |
| EPS in Rs | Rs. 8.2 | Rs. -1.66 | Rs. 3.97 | + 339.16 % | -51.59 % |
Today, we’re looking at Sonata Software 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 14.53 %. However, it did see a marginal slip of -12.1 % from the previous quarter. Expenses decreased slightly by -10.42 % quarter-on-quarter, aligning with the annual rise of 16.21 %. Operating profit, while down -4.93 % compared to last year, faced a quarter-on-quarter dip of -30.61 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -1.34 %, but a shrinkage of -1.75 % sequentially. Other income rose by 180.37 % compared to the last quarter, despite an annual decline of -60.57 %. Interest expenses dropped significantly by -1.69 % from the previous quarter, yet the year-over-year increase remains at a moderate 200.84 %. Depreciation costs fell by -0.15 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 77.96 %. Profit before tax declined annually by -45.67 % but saw a reduction from the preceding quarter by -16.31 %.
Tax expenses as a percentage of profits decreased slightly by -1.26 % compared to last year, with a more notable quarter-on-quarter increase of 1412.17 %. Net profit fell by -3 % year-on-year but experienced a 339.08 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -51.59 % but a quarterly rise of 339.16 %. In summary, Sonata Software 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. 1913.5 Cr | Rs. 2493.35 Cr | Rs. 2191.61 Cr | -12.1 % | + 14.53 % |
| Expenses | Rs. 1761.9 Cr | Rs. 2285.64 Cr | Rs. 2047.49 Cr | -10.42 % | + 16.21 % |
| Operating Profit | Rs. 151.6 Cr | Rs. 207.71 Cr | Rs. 144.12 Cr | -30.61 % | -4.93 % |
| Net Profit | Rs. 113.77 Cr | Rs. -46.16 Cr | Rs. 110.36 Cr | + 339.08 % | -3 % |
| EPS in Rs | Rs. 8.2 | Rs. -1.66 | Rs. 3.97 | + 339.16 % | -51.59 % |
In reviewing Sonata Software Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 14.53 % year-on-year growth, although there was a slight dip of -12.1 % from the previous quarter. Expenses rose by 16.21 % compared to the previous year, with a decrease of -10.42 % quarter-on-quarter. Operating Profit dropped by -4.93 % annually, and saw a -30.61 % decrease from the last quarter.
Net Profit showed yearly decrease of -3 %, and experienced a 339.08 % increase from the previous quarter. Earnings Per Share (EPS) fell by -51.59 % annually, however rose by 339.16 % compared to the last quarter. In essence, while Sonata Software 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.
