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Highlights
- Sales over the Year and quarter: The company’s sales declined by -18.62 % over the year, decrease in net sales/revenue by -12.53 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -8.15 %, Marginal increase in other income during this quarter, up by 20.18%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Star Paper Mills Ltd.. Profit dropped by -13.02 % Year to Year, Star Paper Mills Ltd.’s profitability dropped by -3.06 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -13.00 % Year to Year. EPS decreased by -3.07 % 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. 123.408 Cr | Rs. 114.813 Cr | Rs. 100.432 Cr | -12.53 % | -18.62 % |
Expenses | Rs. 108.8 Cr | Rs. 101.02 Cr | Rs. 94.98 Cr | -5.98 % | -12.7 % |
Operating Profit | Rs. 14.61 Cr | Rs. 13.79 Cr | Rs. 5.45 Cr | -60.48 % | -62.7 % |
OPM % | 11.84 % | 12.01 % | 5.43 % | -6.58 % | -6.41 % |
Other Income | Rs. 11.54 Cr | Rs. 8.82 Cr | Rs. 10.6 Cr | + 20.18 % | -8.15 % |
Interest | Rs. 0.2 Cr | Rs. 0.19 Cr | Rs. 0.34 Cr | + 78.95 % | + 70 % |
Depreciation | Rs. 1.39 Cr | Rs. 1.38 Cr | Rs. 1.37 Cr | -0.72 % | -1.44 % |
Profit before tax | Rs. 24.56 Cr | Rs. 21.04 Cr | Rs. 14.34 Cr | -31.84 % | -41.61 % |
Tax % | 23.42 % | 23.51 % | 0.11 % | -23.4 % | -23.31 % |
Net Profit | Rs. 16.46 Cr | Rs. 14.76 Cr | Rs. 14.31 Cr | -3.05 % | -13.06 % |
EPS in Rs | Rs. 10.54 | Rs. 9.46 | Rs. 9.17 | -3.07 % | -13 % |
Today, we’re looking at Star Paper Mills 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 -18.62 %. However, it did see a marginal slip of -12.53 % from the previous quarter. Expenses decreased slightly by -5.98 % quarter-on-quarter, aligning with the annual decline of -12.7 %. Operating profit, while down -62.7 % compared to last year, faced a quarter-on-quarter dip of -60.48 %, 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 -6.41 %, but a shrinkage of -6.58 % sequentially. Other income rose by 20.18 % compared to the last quarter, despite an annual decline of -8.15 %. Interest expenses surged remarkably by 78.95 % from the previous quarter, yet the year-over-year increase remains at a moderate 70 %. Depreciation costs fell by -0.72 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -1.44 %. Profit before tax declined annually by -41.61 % but saw a reduction from the preceding quarter by -31.84 %.
Tax expenses as a percentage of profits decreased slightly by -23.31 % compared to last year, with a more notable quarter-on-quarter decrease of -23.4 %. Net profit fell by -13.06 % year-on-year but witnessed a -3.05 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -13 % but a quarterly fall of -3.07 %. In summary, Star Paper Mills 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. 123.408 Cr | Rs. 114.813 Cr | Rs. 100.432 Cr | -12.53 % | -18.62 % |
Expenses | Rs. 108.8 Cr | Rs. 101.02 Cr | Rs. 94.98 Cr | -5.98 % | -12.7 % |
Operating Profit | Rs. 14.61 Cr | Rs. 13.79 Cr | Rs. 5.45 Cr | -60.48 % | -62.7 % |
Net Profit | Rs. 16.46 Cr | Rs. 14.76 Cr | Rs. 14.31 Cr | -3.05 % | -13.06 % |
EPS in Rs | Rs. 10.54 | Rs. 9.46 | Rs. 9.17 | -3.07 % | -13 % |
In reviewing Star Paper Mills Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -18.62 % year-on-year, although there was a slight dip of -12.53 % from the previous quarter. Expenses decreased by -12.7 % compared to the previous year, with a decrease of -5.98 % quarter-on-quarter. Operating Profit dropped by -62.7 % annually, and saw a -60.48 % decrease from the last quarter.
Net Profit showed yearly decrease of -13.06 %, and experienced a -3.05 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -13 % annually, however dipped by -3.07 % compared to the last quarter. In essence, while Star Paper Mills Ltd. faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.