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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 experienced a substantial growth of 16.82 % in the past year, decrease in net sales/revenue by -2.61 %.
- 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 101.23 %. Marginal decrease of -12.37% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Subros Limited. Notable increase of 158.04 % in net profit Year to Year, Subros Limited’s profitability increased by 14.99 % in this quarter.
- EPS over the Year and quarter: EPS increased by 157.69 % Year to Year. EPS increased by 15.02 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 693.21 Cr | Rs. 831.51 Cr | Rs. 809.82 Cr | -2.61 % | + 16.82 % |
Expenses | Rs. 645.93 Cr | Rs. 754.62 Cr | Rs. 732.58 Cr | -2.92 % | + 13.41 % |
Operating Profit | Rs. 47.28 Cr | Rs. 76.89 Cr | Rs. 77.24 Cr | + 0.46 % | + 63.37 % |
OPM % | 6.82 % | 9.25 % | 9.54 % | + 0.29 % | + 2.72 % |
Other Income | Rs. 1.62 Cr | Rs. 3.72 Cr | Rs. 3.26 Cr | -12.37 % | + 101.23 % |
Interest | Rs. 1.59 Cr | Rs. 3.72 Cr | Rs. 2.67 Cr | -28.23 % | + 67.92 % |
Depreciation | Rs. 27.43 Cr | Rs. 31.84 Cr | Rs. 30.59 Cr | -3.93 % | + 11.52 % |
Profit before tax | Rs. 19.88 Cr | Rs. 45.05 Cr | Rs. 47.24 Cr | + 4.86 % | + 137.63 % |
Tax % | 31.95 % | 32.27 % | 25.98 % | -6.29 % | -5.97 % |
Net Profit | Rs. 13.56 Cr | Rs. 30.43 Cr | Rs. 34.99 Cr | + 14.99 % | + 158.04 % |
EPS in Rs | Rs. 2.08 | Rs. 4.66 | Rs. 5.36 | + 15.02 % | + 157.69 % |
Today, we’re looking at Subros Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 16.82 %. However, it did see a marginal slip of -2.61 % from the previous quarter. Expenses decreased slightly by -2.92 % quarter-on-quarter, aligning with the annual rise of 13.41 %. Operating profit, while up 63.37 % compared to last year, faced a quarter-on-quarter increase of 0.46 %, 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 2.72 %, but an expansion of 0.29 % sequentially. Other income fell by -12.37 % compared to the last quarter, despite an annual growth of 101.23 %. Interest expenses dropped significantly by -28.23 % from the previous quarter, yet the year-over-year increase remains at a moderate 67.92 %. Depreciation costs fell by -3.93 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 11.52 %. Profit before tax grew annually by 137.63 % but saw an increase from the preceding quarter by 4.86 %.
Tax expenses as a percentage of profits decreased slightly by -5.97 % compared to last year, with a more notable quarter-on-quarter decrease of -6.29 %. Net profit rose by 158.04 % year-on-year but experienced a 14.99 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 157.69 % but a quarterly rise of 15.02 %. In summary, Subros 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. 693.21 Cr | Rs. 831.51 Cr | Rs. 809.82 Cr | -2.61 % | + 16.82 % |
Expenses | Rs. 645.93 Cr | Rs. 754.62 Cr | Rs. 732.58 Cr | -2.92 % | + 13.41 % |
Operating Profit | Rs. 47.28 Cr | Rs. 76.89 Cr | Rs. 77.24 Cr | + 0.46 % | + 63.37 % |
Net Profit | Rs. 13.56 Cr | Rs. 30.43 Cr | Rs. 34.99 Cr | + 14.99 % | + 158.04 % |
EPS in Rs | Rs. 2.08 | Rs. 4.66 | Rs. 5.36 | + 15.02 % | + 157.69 % |
In reviewing Subros Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 16.82 % year-on-year growth, although there was a slight dip of -2.61 % from the previous quarter. Expenses rose by 13.41 % compared to the previous year, with a decrease of -2.92 % quarter-on-quarter. Operating Profit surged by 63.37 % annually, and saw a 0.46 % increase from the last quarter.
Net Profit showed yearly increase of 158.04 %, and experienced a 14.99 % increase from the previous quarter. Earnings Per Share (EPS) rose by 157.69 % annually, however rose by 15.02 % compared to the last quarter. In essence, while Subros 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.