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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 505.19 % in the past year, substantial increase in net sales/revenue by 165.4 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -9.09 %, Marginal increase in other income during this quarter, up by 25%.
- Profit over the Year and quarter: Significant improvement in profitability for Sugal & Damani Share Brokers Ltd.. Notable increase of 357.52 % in net profit Year to Year, Sugal & Damani Share Brokers Ltd.’s profitability increased by 95.09 % in this quarter.
- EPS over the Year and quarter: EPS increased by 361.11 % Year to Year. EPS increased by 97.62 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.289 Cr | Rs. 0.659 Cr | Rs. 1.749 Cr | + 165.4 % | + 505.19 % |
Expenses | Rs. 0.22 Cr | Rs. 0.39 Cr | Rs. 1.33 Cr | + 241.03 % | + 504.55 % |
Operating Profit | Rs. 0.07 Cr | Rs. 0.27 Cr | Rs. 0.42 Cr | + 55.56 % | + 500 % |
OPM % | 24.22 % | 40.97 % | 24.01 % | -16.96 % | -0.21 % |
Other Income | Rs. 0.33 Cr | Rs. 0.24 Cr | Rs. 0.3 Cr | + 25 % | -9.09 % |
Interest | Rs. 0 Cr | Rs. 0.13 Cr | Rs. 0.12 Cr | -7.69 % | 0 % |
Depreciation | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | + 0 % |
Profit before tax | Rs. 0.39 Cr | Rs. 0.37 Cr | Rs. 0.59 Cr | + 59.46 % | + 51.28 % |
Tax % | 71.54 % | 26.32 % | 12.52 % | -13.8 % | -59.02 % |
Net Profit | Rs. 0.11 Cr | Rs. 0.27 Cr | Rs. 0.52 Cr | + 92.59 % | + 372.73 % |
EPS in Rs | Rs. 0.18 | Rs. 0.42 | Rs. 0.83 | + 97.62 % | + 361.11 % |
Today, we’re looking at Sugal & Damani Share Brokers Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 505.19 %. However, it did see a marginal increase of 165.4 % from the previous quarter. Expenses ticked up slightly by 241.03 % quarter-on-quarter, aligning with the annual rise of 504.55 %. Operating profit, while up 500 % compared to last year, faced a quarter-on-quarter increase of 55.56 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.21 %, but a shrinkage of -16.96 % sequentially. Other income rose by 25 % compared to the last quarter, despite an annual decline of -9.09 %. Interest expenses dropped significantly by -7.69 % from the previous quarter, Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 51.28 % but saw an increase from the preceding quarter by 59.46 %.
Tax expenses as a percentage of profits decreased slightly by -59.02 % compared to last year, with a more notable quarter-on-quarter decrease of -13.8 %. Net profit rose by 372.73 % year-on-year but experienced a 92.59 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 361.11 % but a quarterly rise of 97.62 %. In summary, Sugal & Damani Share Brokers 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. 0.289 Cr | Rs. 0.659 Cr | Rs. 1.749 Cr | + 165.4 % | + 505.19 % |
Expenses | Rs. 0.22 Cr | Rs. 0.39 Cr | Rs. 1.33 Cr | + 241.03 % | + 504.55 % |
Operating Profit | Rs. 0.07 Cr | Rs. 0.27 Cr | Rs. 0.42 Cr | + 55.56 % | + 500 % |
Net Profit | Rs. 0.11 Cr | Rs. 0.27 Cr | Rs. 0.52 Cr | + 92.59 % | + 372.73 % |
EPS in Rs | Rs. 0.18 | Rs. 0.42 | Rs. 0.83 | + 97.62 % | + 361.11 % |
In reviewing Sugal & Damani Share Brokers Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 505.19 % year-on-year growth, however, there was a minor increase of 165.4 % from the previous quarter. Expenses rose by 504.55 % compared to the previous year, with a 241.03 % increase quarter-on-quarter. Operating Profit surged by 500 % annually, and saw a 55.56 % increase from the last quarter.
Net Profit showed yearly increase of 372.73 %, and experienced a 92.59 % increase from the previous quarter. Earnings Per Share (EPS) rose by 361.11 % annually, however rose by 97.62 % compared to the last quarter. In essence, while Sugal & Damani Share Brokers Ltd. 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.