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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 34.81 % in the past year, substantial increase in net sales/revenue by 30.58 %.
- 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 826.09 %. Marginal increase in other income during this quarter, up by 404.14%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Standard Industries Limited. Profit dropped by -278.15 % Year to Year, Standard Industries Limited’s profitability dropped by -480.1 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -278.16 % Year to Year. EPS decreased by -478.05 % 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. 5.119 Cr | Rs. 5.285 Cr | Rs. 6.901 Cr | + 30.58 % | + 34.81 % |
Expenses | Rs. 9.66 Cr | Rs. 8.14 Cr | Rs. 9.6 Cr | + 17.94 % | -0.62 % |
Operating Profit | Rs. -4.54 Cr | Rs. -2.86 Cr | Rs. -2.7 Cr | + 5.59 % | + 40.53 % |
OPM % | -88.69 % | -54.12 % | -39.12 % | + 15 % | + 49.57 % |
Other Income | Rs. 0.92 Cr | Rs. 1.69 Cr | Rs. 8.52 Cr | + 404.14 % | + 826.09 % |
Interest | Rs. 0.81 Cr | Rs. 0.78 Cr | Rs. 0.71 Cr | -8.97 % | -12.35 % |
Depreciation | Rs. 0.67 Cr | Rs. 0.69 Cr | Rs. 0.67 Cr | -2.9 % | + 0 % |
Profit before tax | Rs. -5.1 Cr | Rs. -2.64 Cr | Rs. 4.44 Cr | + 268.18 % | + 187.06 % |
Tax % | -9.79 % | -0 % | 125.13 % | + 125.13 % | + 134.92 % |
Net Profit | Rs. -5.61 Cr | Rs. -2.63 Cr | Rs. 9.99 Cr | + 479.85 % | + 278.07 % |
EPS in Rs | Rs. -0.87 | Rs. -0.41 | Rs. 1.55 | + 478.05 % | + 278.16 % |
Today, we’re looking at Standard 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 34.81 %. However, it did see a marginal increase of 30.58 % from the previous quarter. Expenses ticked up slightly by 17.94 % quarter-on-quarter, aligning with the annual decline of -0.62 %. Operating profit, while up 40.53 % compared to last year, faced a quarter-on-quarter increase of 5.59 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 49.57 %, but an expansion of 15 % sequentially. Other income rose by 404.14 % compared to the last quarter, despite an annual growth of 826.09 %. Interest expenses dropped significantly by -8.97 % from the previous quarter, yet the year-over-year decrease remains at a moderate -12.35 %. Depreciation costs fell by -2.9 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 187.06 % but saw an increase from the preceding quarter by 268.18 %.
Tax expenses as a percentage of profits increased slightly by 134.92 % compared to last year, with a more notable quarter-on-quarter increase of 125.13 %. Net profit rose by 278.07 % year-on-year but experienced a 479.85 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 278.16 % but a quarterly rise of 478.05 %. In summary, Standard 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. 5.119 Cr | Rs. 5.285 Cr | Rs. 6.901 Cr | + 30.58 % | + 34.81 % |
Expenses | Rs. 9.66 Cr | Rs. 8.14 Cr | Rs. 9.6 Cr | + 17.94 % | -0.62 % |
Operating Profit | Rs. -4.54 Cr | Rs. -2.86 Cr | Rs. -2.7 Cr | + 5.59 % | + 40.53 % |
Net Profit | Rs. -5.61 Cr | Rs. -2.63 Cr | Rs. 9.99 Cr | + 479.85 % | + 278.07 % |
EPS in Rs | Rs. -0.87 | Rs. -0.41 | Rs. 1.55 | + 478.05 % | + 278.16 % |
In reviewing Standard Industries Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 34.81 % year-on-year growth, however, there was a minor increase of 30.58 % from the previous quarter. Expenses decreased by -0.62 % compared to the previous year, with a 17.94 % increase quarter-on-quarter. Operating Profit surged by 40.53 % annually, and saw a 5.59 % increase from the last quarter.
Net Profit showed yearly increase of 278.07 %, and experienced a 479.85 % increase from the previous quarter. Earnings Per Share (EPS) rose by 278.16 % annually, however rose by 478.05 % compared to the last quarter. In essence, while Standard 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.