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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’s sales declined by -3.37 % over the year, decrease in net sales/revenue by -2.38 %. 🔹 Income over the Year and quarter: There has been decline in other income over the past year which is -32.32 %, Marginal decrease of -40.23% in other income during this quarter. 🔹 Profit over the Year and quarter: Challenges in sustaining profitability for STOVEC INDUSTRIES LTD.. Profit dropped by -61.78 % Year to Year, STOVEC INDUSTRIES LTD.’s profitability dropped by -50.44 % Quarter to Quarter. 🔹 EPS over the Year and quarter: EPS declined by -61.80 % Year to Year. EPS decreased by -50.44 % 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. 57.974 Cr | Rs. 57.389 Cr | Rs. 56.021 Cr | -2.38 % | -3.37 % |
| Expenses | Rs. 52.19 Cr | Rs. 52.88 Cr | Rs. 52.67 Cr | -0.4 % | + 0.92 % |
| Operating Profit | Rs. 5.78 Cr | Rs. 4.51 Cr | Rs. 3.35 Cr | -25.72 % | -42.04 % |
| OPM % | 9.97 % | 7.86 % | 5.98 % | -1.88 % | -3.99 % |
| Other Income | Rs. 0.99 Cr | Rs. 1.121 Cr | Rs. 0.67 Cr | -40.23 % | -32.32 % |
| Interest | Rs. 0 Cr | Rs. 0.06 Cr | Rs. 0.02 Cr | -66.67 % | 0 % |
| Depreciation | Rs. 1.89 Cr | Rs. 1.58 Cr | Rs. 1.64 Cr | + 3.8 % | -13.23 % |
| Profit before tax | Rs. 4.88 Cr | Rs. 3.99 Cr | Rs. 2.36 Cr | -40.85 % | -51.64 % |
| Tax % | 17.94 % | 22.72 % | 35.24 % | + 12.52 % | + 17.3 % |
| Net Profit | Rs. 4.01 Cr | Rs. 3.09 Cr | Rs. 1.53 Cr | -50.49 % | -61.85 % |
| EPS in Rs | Rs. 19.19 | Rs. 14.79 | Rs. 7.33 | -50.44 % | -61.8 % |
Today, we’re looking at STOVEC INDUSTRIES LTD.’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -3.37 %. However, it did see a marginal slip of -2.38 % from the previous quarter. Expenses decreased slightly by -0.4 % quarter-on-quarter, aligning with the annual rise of 0.92 %. Operating profit, while down -42.04 % compared to last year, faced a quarter-on-quarter dip of -25.72 %, 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 -3.99 %, but a shrinkage of -1.88 % sequentially. Other income fell by -40.23 % compared to the last quarter, despite an annual decline of -32.32 %. Interest expenses dropped significantly by -66.67 % from the previous quarter, Depreciation costs climbed by 3.8 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -13.23 %. Profit before tax declined annually by -51.64 % but saw a reduction from the preceding quarter by -40.85 %.
Tax expenses as a percentage of profits increased slightly by 17.3 % compared to last year, with a more notable quarter-on-quarter increase of 12.52 %. Net profit fell by -61.85 % year-on-year but witnessed a -50.49 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -61.8 % but a quarterly fall of -50.44 %. In summary, STOVEC INDUSTRIES 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. 57.974 Cr | Rs. 57.389 Cr | Rs. 56.021 Cr | -2.38 % | -3.37 % |
| Expenses | Rs. 52.19 Cr | Rs. 52.88 Cr | Rs. 52.67 Cr | -0.4 % | + 0.92 % |
| Operating Profit | Rs. 5.78 Cr | Rs. 4.51 Cr | Rs. 3.35 Cr | -25.72 % | -42.04 % |
| Net Profit | Rs. 4.01 Cr | Rs. 3.09 Cr | Rs. 1.53 Cr | -50.49 % | -61.85 % |
| EPS in Rs | Rs. 19.19 | Rs. 14.79 | Rs. 7.33 | -50.44 % | -61.8 % |
In reviewing STOVEC INDUSTRIES LTD.’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -3.37 % year-on-year, although there was a slight dip of -2.38 % from the previous quarter. Expenses rose by 0.92 % compared to the previous year, with a decrease of -0.4 % quarter-on-quarter. Operating Profit dropped by -42.04 % annually, and saw a -25.72 % decrease from the last quarter.
Net Profit showed yearly decrease of -61.85 %, and experienced a -50.49 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -61.8 % annually, however dipped by -50.44 % compared to the last quarter. In essence, while STOVEC INDUSTRIES 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.
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