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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 9.63 % in the past year, decrease in net sales/revenue by -3.21 %.
- 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 76.22 %. Marginal increase in other income during this quarter, up by 146.42%.
- Profit over the Year and quarter: Significant improvement in profitability for Sun Pharmaceutical Industries Ltd.. Notable increase of 34.08 % in net profit Year to Year, Sun Pharmaceutical Industries Ltd.’s profitability increased by 3.84 % in this quarter.
- EPS over the Year and quarter: EPS increased by 33.73 % Year to Year. EPS increased by 5.71 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 10930.67 Cr | Rs. 12380.7 Cr | Rs. 11982.9 Cr | -3.21 % | + 9.63 % |
Expenses | Rs. 8128.54 Cr | Rs. 8903.87 Cr | Rs. 8947.75 Cr | + 0.49 % | + 10.08 % |
Operating Profit | Rs. 2802.13 Cr | Rs. 3476.83 Cr | Rs. 3035.15 Cr | -12.7 % | + 8.32 % |
OPM % | 25.64 % | 28.08 % | 25.33 % | -2.75 % | -0.31 % |
Other Income | Rs. 339.4 Cr | Rs. 242.71 Cr | Rs. 598.09 Cr | + 146.42 % | + 76.22 % |
Interest | Rs. 92.74 Cr | Rs. 34.73 Cr | Rs. 73.57 Cr | + 111.83 % | -20.67 % |
Depreciation | Rs. 671.53 Cr | Rs. 622.14 Cr | Rs. 650.36 Cr | + 4.54 % | -3.15 % |
Profit before tax | Rs. 2377.26 Cr | Rs. 3062.67 Cr | Rs. 2909.31 Cr | -5.01 % | + 22.38 % |
Tax % | 9.95 % | 14.41 % | 5.29 % | -9.12 % | -4.66 % |
Net Profit | Rs. 1982.9 Cr | Rs. 2560.54 Cr | Rs. 2658.74 Cr | + 3.84 % | + 34.08 % |
EPS in Rs | Rs. 8.3 | Rs. 10.5 | Rs. 11.1 | + 5.71 % | + 33.73 % |
Today, we’re looking at Sun Pharmaceutical Industries 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 9.63 %. However, it did see a marginal slip of -3.21 % from the previous quarter. Expenses ticked up slightly by 0.49 % quarter-on-quarter, aligning with the annual rise of 10.08 %. Operating profit, while up 8.32 % compared to last year, faced a quarter-on-quarter dip of -12.7 %, 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 -0.31 %, but a shrinkage of -2.75 % sequentially. Other income rose by 146.42 % compared to the last quarter, despite an annual growth of 76.22 %. Interest expenses surged remarkably by 111.83 % from the previous quarter, yet the year-over-year decrease remains at a moderate -20.67 %. Depreciation costs climbed by 4.54 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -3.15 %. Profit before tax grew annually by 22.38 % but saw a reduction from the preceding quarter by -5.01 %.
Tax expenses as a percentage of profits decreased slightly by -4.66 % compared to last year, with a more notable quarter-on-quarter decrease of -9.12 %. Net profit rose by 34.08 % year-on-year but experienced a 3.84 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 33.73 % but a quarterly rise of 5.71 %. In summary, Sun Pharmaceutical Industries 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. 10930.67 Cr | Rs. 12380.7 Cr | Rs. 11982.9 Cr | -3.21 % | + 9.63 % |
Expenses | Rs. 8128.54 Cr | Rs. 8903.87 Cr | Rs. 8947.75 Cr | + 0.49 % | + 10.08 % |
Operating Profit | Rs. 2802.13 Cr | Rs. 3476.83 Cr | Rs. 3035.15 Cr | -12.7 % | + 8.32 % |
Net Profit | Rs. 1982.9 Cr | Rs. 2560.54 Cr | Rs. 2658.74 Cr | + 3.84 % | + 34.08 % |
EPS in Rs | Rs. 8.3 | Rs. 10.5 | Rs. 11.1 | + 5.71 % | + 33.73 % |
In reviewing Sun Pharmaceutical Industries Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 9.63 % year-on-year growth, although there was a slight dip of -3.21 % from the previous quarter. Expenses rose by 10.08 % compared to the previous year, with a 0.49 % increase quarter-on-quarter. Operating Profit surged by 8.32 % annually, and saw a -12.7 % decrease from the last quarter.
Net Profit showed yearly increase of 34.08 %, and experienced a 3.84 % increase from the previous quarter. Earnings Per Share (EPS) rose by 33.73 % annually, however rose by 5.71 % compared to the last quarter. In essence, while Sun Pharmaceutical Industries Ltd. exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.