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Sukhjit Starch & Chemicals ‘s Latest Q2 Report: Profit Up by 10.18% Year-on-Year

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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 14.51 % in the past year, decrease in net sales/revenue by -6.91 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -12.11 %, Marginal increase in other income during this quarter, up by 173.12%.
  • Profit over the Year and quarter: Significant improvement in profitability for Sukhjit Starch & Chemicals Limited. Notable increase of 10.18 % in net profit Year to Year, Sukhjit Starch & Chemicals Limited’s profitability dropped by -9.19 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 10.15 % Year to Year. EPS decreased by -9.27 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Sukhjit Starch & Chemicals 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. 321.21 Cr Rs. 395.13 Cr Rs. 367.81 Cr -6.91 % + 14.51 %
Expenses Rs. 291.78 Cr Rs. 361.41 Cr Rs. 336.06 Cr -7.01 % + 15.18 %
Operating Profit Rs. 29.43 Cr Rs. 33.72 Cr Rs. 31.75 Cr -5.84 % + 7.88 %
OPM % 9.16 % 8.53 % 8.63 % + 0.1 % -0.53 %
Other Income Rs. 2.89 Cr Rs. 0.93 Cr Rs. 2.54 Cr + 173.12 % -12.11 %
Interest Rs. 8.17 Cr Rs. 7.46 Cr Rs. 8.83 Cr + 18.36 % + 8.08 %
Depreciation Rs. 8.61 Cr Rs. 8.72 Cr Rs. 8.71 Cr -0.11 % + 1.16 %
Profit before tax Rs. 15.54 Cr Rs. 18.47 Cr Rs. 16.75 Cr -9.31 % + 7.79 %
Tax % 26.71 % 25.18 % 25.07 % -0.11 % -1.64 %
Net Profit Rs. 11.39 Cr Rs. 13.82 Cr Rs. 12.55 Cr -9.19 % + 10.18 %
EPS in Rs Rs. 7.29 Rs. 8.85 Rs. 8.03 -9.27 % + 10.15 %


Today, we’re looking at Sukhjit Starch & Chemicals Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 14.51 %. However, it did see a marginal slip of -6.91 % from the previous quarter. Expenses decreased slightly by -7.01 % quarter-on-quarter, aligning with the annual rise of 15.18 %. Operating profit, while up 7.88 % compared to last year, faced a quarter-on-quarter dip of -5.84 %, 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 -0.53 %, but an expansion of 0.1 % sequentially. Other income rose by 173.12 % compared to the last quarter, despite an annual decline of -12.11 %. Interest expenses surged remarkably by 18.36 % from the previous quarter, yet the year-over-year increase remains at a moderate 8.08 %. Depreciation costs fell by -0.11 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 1.16 %. Profit before tax grew annually by 7.79 % but saw a reduction from the preceding quarter by -9.31 %.
Tax expenses as a percentage of profits decreased slightly by -1.64 % compared to last year, with a more notable quarter-on-quarter decrease of -0.11 %. Net profit rose by 10.18 % year-on-year but witnessed a -9.19 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 10.15 % but a quarterly fall of -9.27 %. In summary, Sukhjit Starch & Chemicals 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. 321.21 Cr Rs. 395.13 Cr Rs. 367.81 Cr -6.91 % + 14.51 %
Expenses Rs. 291.78 Cr Rs. 361.41 Cr Rs. 336.06 Cr -7.01 % + 15.18 %
Operating Profit Rs. 29.43 Cr Rs. 33.72 Cr Rs. 31.75 Cr -5.84 % + 7.88 %
Net Profit Rs. 11.39 Cr Rs. 13.82 Cr Rs. 12.55 Cr -9.19 % + 10.18 %
EPS in Rs Rs. 7.29 Rs. 8.85 Rs. 8.03 -9.27 % + 10.15 %


In reviewing Sukhjit Starch & Chemicals Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 14.51 % year-on-year growth, although there was a slight dip of -6.91 % from the previous quarter. Expenses rose by 15.18 % compared to the previous year, with a decrease of -7.01 % quarter-on-quarter. Operating Profit surged by 7.88 % annually, and saw a -5.84 % decrease from the last quarter.
Net Profit showed yearly increase of 10.18 %, and experienced a -9.19 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 10.15 % annually, however dipped by -9.27 % compared to the last quarter. In essence, while Sukhjit Starch & Chemicals 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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