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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -25.43 % over the year, decrease in net sales/revenue by -97.13 %.
- Profit over the Year and quarter: Challenges in sustaining profitability for Stel Holdings Limited. Profit dropped by -61.33 % Year to Year, Stel Holdings Limited’s profitability dropped by -99.13 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -58.33 % Year to Year. EPS decreased by -99.07 % 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. 0.519 Cr | Rs. 13.476 Cr | Rs. 0.387 Cr | -97.13 % | -25.43 % |
Expenses | Rs. 0.2 Cr | Rs. 0.15 Cr | Rs. 0.25 Cr | + 66.67 % | + 25 % |
Operating Profit | Rs. 0.32 Cr | Rs. 13.33 Cr | Rs. 0.14 Cr | -98.95 % | -56.25 % |
OPM % | 61.66 % | 98.92 % | 36.18 % | -62.74 % | -25.48 % |
Other Income | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.02 Cr | Rs. 0.02 Cr | Rs. 0.01 Cr | -50 % | -50 % |
Profit before tax | Rs. 0.3 Cr | Rs. 13.31 Cr | Rs. 0.13 Cr | -99.02 % | -56.67 % |
Tax % | 25.9 % | 25.14 % | 28.1 % | + 2.96 % | + 2.2 % |
Net Profit | Rs. 0.23 Cr | Rs. 9.96 Cr | Rs. 0.09 Cr | -99.1 % | -60.87 % |
EPS in Rs | Rs. 0.12 | Rs. 5.4 | Rs. 0.05 | -99.07 % | -58.33 % |
Today, we’re looking at Stel Holdings Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -25.43 %. However, it did see a marginal slip of -97.13 % from the previous quarter. Expenses ticked up slightly by 66.67 % quarter-on-quarter, aligning with the annual rise of 25 %. Operating profit, while down -56.25 % compared to last year, faced a quarter-on-quarter dip of -98.95 %, 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 -25.48 %, but a shrinkage of -62.74 % sequentially. Depreciation costs fell by -50 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -50 %. Profit before tax declined annually by -56.67 % but saw a reduction from the preceding quarter by -99.02 %.
Tax expenses as a percentage of profits increased slightly by 2.2 % compared to last year, with a more notable quarter-on-quarter increase of 2.96 %. Net profit fell by -60.87 % year-on-year but witnessed a -99.1 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -58.33 % but a quarterly fall of -99.07 %. In summary, Stel Holdings 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. 0.519 Cr | Rs. 13.476 Cr | Rs. 0.387 Cr | -97.13 % | -25.43 % |
Expenses | Rs. 0.2 Cr | Rs. 0.15 Cr | Rs. 0.25 Cr | + 66.67 % | + 25 % |
Operating Profit | Rs. 0.32 Cr | Rs. 13.33 Cr | Rs. 0.14 Cr | -98.95 % | -56.25 % |
Net Profit | Rs. 0.23 Cr | Rs. 9.96 Cr | Rs. 0.09 Cr | -99.1 % | -60.87 % |
EPS in Rs | Rs. 0.12 | Rs. 5.4 | Rs. 0.05 | -99.07 % | -58.33 % |
In reviewing Stel Holdings Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -25.43 % year-on-year, although there was a slight dip of -97.13 % from the previous quarter. Expenses rose by 25 % compared to the previous year, with a 66.67 % increase quarter-on-quarter. Operating Profit dropped by -56.25 % annually, and saw a -98.95 % decrease from the last quarter.
Net Profit showed yearly decrease of -60.87 %, and experienced a -99.1 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -58.33 % annually, however dipped by -99.07 % compared to the last quarter. In essence, while Stel Holdings Limited 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.