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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.
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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