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Stylam Industries : Q4 2024 Financial Quarterly Report : YoY Sales Up 1.29 %, QoQ Up 11.79 %

May 28, 2024May 28, 2024| adminadmin| 0 Comments| 3:00 pm
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 1.29 % in the past year, substantial increase in net sales/revenue by 11.79 %.
  • 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 90 %. Marginal decrease of -32.49% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for Stylam Industries Limited. Notable increase of 40.25 % in net profit Year to Year, Stylam Industries Limited’s profitability increased by 19.91 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 40.23 % Year to Year. EPS increased by 19.9 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Stylam Industries Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 236.826 Cr Rs. 214.579 Cr Rs. 239.882 Cr + 11.79 % + 1.29 %
Expenses Rs. 196.3 Cr Rs. 166.77 Cr Rs. 192.21 Cr + 15.25 % -2.08 %
Operating Profit Rs. 40.53 Cr Rs. 47.81 Cr Rs. 47.67 Cr -0.29 % + 17.62 %
OPM % 17.11 % 22.28 % 19.87 % -2.41 % + 2.76 %
Other Income Rs. 0.7 Cr Rs. 1.97 Cr Rs. 1.33 Cr -32.49 % + 90 %
Interest Rs. 0.57 Cr Rs. 0.71 Cr Rs. 0.47 Cr -33.8 % -17.54 %
Depreciation Rs. 4.42 Cr Rs. 5.56 Cr Rs. 6.33 Cr + 13.85 % + 43.21 %
Profit before tax Rs. 36.24 Cr Rs. 43.51 Cr Rs. 42.2 Cr -3.01 % + 16.45 %
Tax % 26.08 % 27.97 % 8.5 % -19.47 % -17.58 %
Net Profit Rs. 26.79 Cr Rs. 31.34 Cr Rs. 37.57 Cr + 19.88 % + 40.24 %
EPS in Rs Rs. 15.81 Rs. 18.49 Rs. 22.16 + 19.85 % + 40.16 %


Today, we’re looking at Stylam 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 1.29 %. However, it did see a marginal increase of 11.79 % from the previous quarter. Expenses ticked up slightly by 15.25 % quarter-on-quarter, aligning with the annual decline of -2.08 %. Operating profit, while up 17.62 % compared to last year, faced a quarter-on-quarter dip of -0.29 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2.76 %, but a shrinkage of -2.41 % sequentially. Other income fell by -32.49 % compared to the last quarter, despite an annual growth of 90 %. Interest expenses dropped significantly by -33.8 % from the previous quarter, yet the year-over-year decrease remains at a moderate -17.54 %. Depreciation costs climbed by 13.85 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 43.21 %. Profit before tax grew annually by 16.45 % but saw a reduction from the preceding quarter by -3.01 %.
Tax expenses as a percentage of profits decreased slightly by -17.58 % compared to last year, with a more notable quarter-on-quarter decrease of -19.47 %. Net profit rose by 40.24 % year-on-year but experienced a 19.88 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 40.16 % but a quarterly rise of 19.85 %. In summary, Stylam 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. 236.826 Cr Rs. 214.579 Cr Rs. 239.882 Cr + 11.79 % + 1.29 %
Expenses Rs. 196.3 Cr Rs. 166.77 Cr Rs. 192.21 Cr + 15.25 % -2.08 %
Operating Profit Rs. 40.53 Cr Rs. 47.81 Cr Rs. 47.67 Cr -0.29 % + 17.62 %
Net Profit Rs. 26.79 Cr Rs. 31.34 Cr Rs. 37.57 Cr + 19.88 % + 40.24 %
EPS in Rs Rs. 15.81 Rs. 18.49 Rs. 22.16 + 19.85 % + 40.16 %


In reviewing Stylam Industries Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1.29 % year-on-year growth, however, there was a minor increase of 11.79 % from the previous quarter. Expenses decreased by -2.08 % compared to the previous year, with a 15.25 % increase quarter-on-quarter. Operating Profit surged by 17.62 % annually, and saw a -0.29 % decrease from the last quarter.
Net Profit showed yearly increase of 40.24 %, and experienced a 19.88 % increase from the previous quarter. Earnings Per Share (EPS) rose by 40.16 % annually, however rose by 19.85 % compared to the last quarter. In essence, while Stylam 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.

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