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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 24.35 % in the past year, substantial increase in net sales/revenue by 119.69 %.
- 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 46.31 %. Marginal increase in other income during this quarter, up by 27.5%.
- Profit over the Year and quarter: Significant improvement in profitability for SPL INDUSTRIES LIMITED. Notable increase of 25.17 % in net profit Year to Year, SPL INDUSTRIES LIMITED’s profitability increased by 128.46 % in this quarter.
- EPS over the Year and quarter: EPS increased by 24.79 % Year to Year. EPS increased by 128.13 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 55.182 Cr | Rs. 31.235 Cr | Rs. 68.621 Cr | + 119.69 % | + 24.35 % |
| Expenses | Rs. 50.26 Cr | Rs. 30.58 Cr | Rs. 64.9 Cr | + 112.23 % | + 29.13 % |
| Operating Profit | Rs. 4.92 Cr | Rs. 0.66 Cr | Rs. 3.72 Cr | + 463.64 % | -24.39 % |
| OPM % | 8.92 % | 2.11 % | 5.42 % | + 3.31 % | -3.5 % |
| Other Income | Rs. 2.44 Cr | Rs. 2.8 Cr | Rs. 3.57 Cr | + 27.5 % | + 46.31 % |
| Interest | Rs. 1.4 Cr | Rs. 0.3 Cr | Rs. 0.51 Cr | + 70 % | -63.57 % |
| Depreciation | Rs. 0.82 Cr | Rs. 0.77 Cr | Rs. 0.86 Cr | + 11.69 % | + 4.88 % |
| Profit before tax | Rs. 5.14 Cr | Rs. 2.39 Cr | Rs. 5.92 Cr | + 147.7 % | + 15.18 % |
| Tax % | 21 % | 21.96 % | 28.22 % | + 6.26 % | + 7.22 % |
| Net Profit | Rs. 3.39 Cr | Rs. 1.86 Cr | Rs. 4.25 Cr | + 128.49 % | + 25.37 % |
| EPS in Rs | Rs. 1.17 | Rs. 0.64 | Rs. 1.46 | + 128.13 % | + 24.79 % |
Today, we’re looking at SPL INDUSTRIES LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 24.35 %. However, it did see a marginal increase of 119.69 % from the previous quarter. Expenses ticked up slightly by 112.23 % quarter-on-quarter, aligning with the annual rise of 29.13 %. Operating profit, while down -24.39 % compared to last year, faced a quarter-on-quarter increase of 463.64 %, 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 -3.5 %, but an expansion of 3.31 % sequentially. Other income rose by 27.5 % compared to the last quarter, despite an annual growth of 46.31 %. Interest expenses surged remarkably by 70 % from the previous quarter, yet the year-over-year decrease remains at a moderate -63.57 %. Depreciation costs climbed by 11.69 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 4.88 %. Profit before tax grew annually by 15.18 % but saw an increase from the preceding quarter by 147.7 %.
Tax expenses as a percentage of profits increased slightly by 7.22 % compared to last year, with a more notable quarter-on-quarter increase of 6.26 %. Net profit rose by 25.37 % year-on-year but experienced a 128.49 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 24.79 % but a quarterly rise of 128.13 %. In summary, SPL INDUSTRIES LIMITED’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. 55.182 Cr | Rs. 31.235 Cr | Rs. 68.621 Cr | + 119.69 % | + 24.35 % |
| Expenses | Rs. 50.26 Cr | Rs. 30.58 Cr | Rs. 64.9 Cr | + 112.23 % | + 29.13 % |
| Operating Profit | Rs. 4.92 Cr | Rs. 0.66 Cr | Rs. 3.72 Cr | + 463.64 % | -24.39 % |
| Net Profit | Rs. 3.39 Cr | Rs. 1.86 Cr | Rs. 4.25 Cr | + 128.49 % | + 25.37 % |
| EPS in Rs | Rs. 1.17 | Rs. 0.64 | Rs. 1.46 | + 128.13 % | + 24.79 % |
In reviewing SPL INDUSTRIES LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 24.35 % year-on-year growth, however, there was a minor increase of 119.69 % from the previous quarter. Expenses rose by 29.13 % compared to the previous year, with a 112.23 % increase quarter-on-quarter. Operating Profit dropped by -24.39 % annually, and saw a 463.64 % increase from the last quarter.
Net Profit showed yearly increase of 25.37 %, and experienced a 128.49 % increase from the previous quarter. Earnings Per Share (EPS) rose by 24.79 % annually, however rose by 128.13 % compared to the last quarter. In essence, while SPL INDUSTRIES LIMITED 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.
