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Highlights
- Sales over the Year and quarter: The company’s sales declined by -42.4 % over the year, substantial increase in net sales/revenue by 4.52 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -94.69 %, Marginal decrease of -15.79% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for SPEL Semiconductor Ltd.. Profit dropped by -226.04 % Year to Year, SPEL Semiconductor Ltd.’s profitability increased by 11.59 % in this quarter.
- EPS over the Year and quarter: EPS declined by -225.61 % Year to Year. EPS increased by 11.96 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 4.137 Cr | Rs. 2.28 Cr | Rs. 2.383 Cr | + 4.52 % | -42.4 % |
| Expenses | Rs. 1.67 Cr | Rs. 3.21 Cr | Rs. 2.77 Cr | -13.71 % | + 65.87 % |
| Operating Profit | Rs. 2.47 Cr | Rs. -0.93 Cr | Rs. -0.39 Cr | + 58.06 % | -115.79 % |
| OPM % | 59.71 % | -40.79 % | -16.37 % | + 24.42 % | -76.08 % |
| Other Income | Rs. 6.03 Cr | Rs. 0.38 Cr | Rs. 0.32 Cr | -15.79 % | -94.69 % |
| Interest | Rs. 1.04 Cr | Rs. 0.68 Cr | Rs. 0.68 Cr | + 0 % | -34.62 % |
| Depreciation | Rs. 0.74 Cr | Rs. 0.73 Cr | Rs. 0.73 Cr | + 0 % | -1.35 % |
| Profit before tax | Rs. 6.72 Cr | Rs. -1.96 Cr | Rs. -1.48 Cr | + 24.49 % | -122.02 % |
| Tax % | 13.95 % | -3.22 % | -16.28 % | -13.06 % | -30.23 % |
| Net Profit | Rs. 3.78 Cr | Rs. -4.26 Cr | Rs. -4.76 Cr | -11.74 % | -225.93 % |
| EPS in Rs | Rs. 0.82 | Rs. -0.92 | Rs. -1.03 | -11.96 % | -225.61 % |
Today, we’re looking at SPEL Semiconductor 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 -42.4 %. However, it did see a marginal increase of 4.52 % from the previous quarter. Expenses decreased slightly by -13.71 % quarter-on-quarter, aligning with the annual rise of 65.87 %. Operating profit, while down -115.79 % compared to last year, faced a quarter-on-quarter increase of 58.06 %, 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 -76.08 %, but an expansion of 24.42 % sequentially. Other income fell by -15.79 % compared to the last quarter, despite an annual decline of -94.69 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year decrease remains at a moderate -34.62 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -1.35 %. Profit before tax declined annually by -122.02 % but saw an increase from the preceding quarter by 24.49 %.
Tax expenses as a percentage of profits decreased slightly by -30.23 % compared to last year, with a more notable quarter-on-quarter decrease of -13.06 %. Net profit fell by -225.93 % year-on-year but witnessed a -11.74 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -225.61 % but a quarterly fall of -11.96 %. In summary, SPEL Semiconductor 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. 4.137 Cr | Rs. 2.28 Cr | Rs. 2.383 Cr | + 4.52 % | -42.4 % |
| Expenses | Rs. 1.67 Cr | Rs. 3.21 Cr | Rs. 2.77 Cr | -13.71 % | + 65.87 % |
| Operating Profit | Rs. 2.47 Cr | Rs. -0.93 Cr | Rs. -0.39 Cr | + 58.06 % | -115.79 % |
| Net Profit | Rs. 3.78 Cr | Rs. -4.26 Cr | Rs. -4.76 Cr | -11.74 % | -225.93 % |
| EPS in Rs | Rs. 0.82 | Rs. -0.92 | Rs. -1.03 | -11.96 % | -225.61 % |
In reviewing SPEL Semiconductor Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -42.4 % year-on-year, however, there was a minor increase of 4.52 % from the previous quarter. Expenses rose by 65.87 % compared to the previous year, with a decrease of -13.71 % quarter-on-quarter. Operating Profit dropped by -115.79 % annually, and saw a 58.06 % increase from the last quarter.
Net Profit showed yearly decrease of -225.93 %, and experienced a -11.74 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -225.61 % annually, however dipped by -11.96 % compared to the last quarter. In essence, while SPEL Semiconductor 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.
