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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 7.16 % in the past year, substantial increase in net sales/revenue by 12.61 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -5.59 %, Marginal increase in other income during this quarter, up by 9.23%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Spenta International Ltd.. Profit dropped by -65.28 % Year to Year, Spenta International Ltd.’s profitability dropped by -115.69 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -65.38 % Year to Year. EPS decreased by -115.61 % 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. 9.605 Cr | Rs. 9.14 Cr | Rs. 10.293 Cr | + 12.61 % | + 7.16 % |
Expenses | Rs. 9.5 Cr | Rs. 8.02 Cr | Rs. 10.03 Cr | + 25.06 % | + 5.58 % |
Operating Profit | Rs. 0.11 Cr | Rs. 1.12 Cr | Rs. 0.26 Cr | -76.79 % | + 136.36 % |
OPM % | 1.15 % | 12.25 % | 2.53 % | -9.72 % | + 1.38 % |
Other Income | Rs. 0.376 Cr | Rs. 0.325 Cr | Rs. 0.355 Cr | + 9.23 % | -5.59 % |
Interest | Rs. 0.48 Cr | Rs. 0.5 Cr | Rs. 0.5 Cr | + 0 % | + 4.17 % |
Depreciation | Rs. 0.24 Cr | Rs. 0.24 Cr | Rs. 0.23 Cr | -4.17 % | -4.17 % |
Profit before tax | Rs. -0.23 Cr | Rs. 0.71 Cr | Rs. -0.12 Cr | -116.9 % | + 47.83 % |
Tax % | -9.24 % | 32.87 % | -32.43 % | -65.3 % | -23.19 % |
Net Profit | Rs. -0.22 Cr | Rs. 0.48 Cr | Rs. -0.08 Cr | -116.67 % | + 63.64 % |
EPS in Rs | Rs. -0.78 | Rs. 1.73 | Rs. -0.27 | -115.61 % | + 65.38 % |
Today, we’re looking at Spenta International Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 7.16 %. However, it did see a marginal increase of 12.61 % from the previous quarter. Expenses ticked up slightly by 25.06 % quarter-on-quarter, aligning with the annual rise of 5.58 %. Operating profit, while up 136.36 % compared to last year, faced a quarter-on-quarter dip of -76.79 %, 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 1.38 %, but a shrinkage of -9.72 % sequentially. Other income rose by 9.23 % compared to the last quarter, despite an annual decline of -5.59 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 4.17 %. Depreciation costs fell by -4.17 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -4.17 %. Profit before tax grew annually by 47.83 % but saw a reduction from the preceding quarter by -116.9 %.
Tax expenses as a percentage of profits decreased slightly by -23.19 % compared to last year, with a more notable quarter-on-quarter decrease of -65.3 %. Net profit rose by 63.64 % year-on-year but witnessed a -116.67 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 65.38 % but a quarterly fall of -115.61 %. In summary, Spenta International 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. 9.605 Cr | Rs. 9.14 Cr | Rs. 10.293 Cr | + 12.61 % | + 7.16 % |
Expenses | Rs. 9.5 Cr | Rs. 8.02 Cr | Rs. 10.03 Cr | + 25.06 % | + 5.58 % |
Operating Profit | Rs. 0.11 Cr | Rs. 1.12 Cr | Rs. 0.26 Cr | -76.79 % | + 136.36 % |
Net Profit | Rs. -0.22 Cr | Rs. 0.48 Cr | Rs. -0.08 Cr | -116.67 % | + 63.64 % |
EPS in Rs | Rs. -0.78 | Rs. 1.73 | Rs. -0.27 | -115.61 % | + 65.38 % |
In reviewing Spenta International Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7.16 % year-on-year growth, however, there was a minor increase of 12.61 % from the previous quarter. Expenses rose by 5.58 % compared to the previous year, with a 25.06 % increase quarter-on-quarter. Operating Profit surged by 136.36 % annually, and saw a -76.79 % decrease from the last quarter.
Net Profit showed yearly increase of 63.64 %, and experienced a -116.67 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 65.38 % annually, however dipped by -115.61 % compared to the last quarter. In essence, while Spenta International 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.
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