Highlights
- Sales over the Year and quarter: The company’s sales declined by -2.98 % over the year, substantial increase in net sales/revenue by 4.99 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -24.03 %, Marginal increase in other income during this quarter, up by 3166.67%.
- Profit over the Year and quarter: Challenges in sustaining profitability for SUNDARAM BRAKE LININGS LTD. Profit dropped by -73.17 % Year to Year, SUNDARAM BRAKE LININGS LTD’s profitability dropped by -81.67 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -73.18 % Year to Year. EPS decreased by -81.69 % 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. 91.769 Cr | Rs. 84.8 Cr | Rs. 89.032 Cr | + 4.99 % | -2.98 % |
| Expenses | Rs. 87.31 Cr | Rs. 78.84 Cr | Rs. 88.36 Cr | + 12.08 % | + 1.2 % |
| Operating Profit | Rs. 4.46 Cr | Rs. 5.96 Cr | Rs. 0.67 Cr | -88.76 % | -84.98 % |
| OPM % | 4.86 % | 7.03 % | 0.75 % | -6.28 % | -4.11 % |
| Other Income | Rs. 2.58 Cr | Rs. 0.06 Cr | Rs. 1.96 Cr | + 3166.67 % | -24.03 % |
| Interest | Rs. 1.04 Cr | Rs. 0.7 Cr | Rs. 0.77 Cr | + 10 % | -25.96 % |
| Depreciation | Rs. 1.62 Cr | Rs. 1.62 Cr | Rs. 1.63 Cr | + 0.62 % | + 0.62 % |
| Profit before tax | Rs. 4.38 Cr | Rs. 3.7 Cr | Rs. 0.23 Cr | -93.78 % | -94.75 % |
| Tax % | 2.35 % | 14.74 % | 142.26 % | + 127.52 % | + 139.91 % |
| Net Profit | Rs. 2.16 Cr | Rs. 3.16 Cr | Rs. 0.58 Cr | -81.65 % | -73.15 % |
| EPS in Rs | Rs. 5.48 | Rs. 8.03 | Rs. 1.47 | -81.69 % | -73.18 % |
Today, we’re looking at SUNDARAM BRAKE LININGS LTD’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -2.98 %. However, it did see a marginal increase of 4.99 % from the previous quarter. Expenses ticked up slightly by 12.08 % quarter-on-quarter, aligning with the annual rise of 1.2 %. Operating profit, while down -84.98 % compared to last year, faced a quarter-on-quarter dip of -88.76 %, 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 -4.11 %, but a shrinkage of -6.28 % sequentially. Other income rose by 3166.67 % compared to the last quarter, despite an annual decline of -24.03 %. Interest expenses surged remarkably by 10 % from the previous quarter, yet the year-over-year decrease remains at a moderate -25.96 %. Depreciation costs climbed by 0.62 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0.62 %. Profit before tax declined annually by -94.75 % but saw a reduction from the preceding quarter by -93.78 %.
Tax expenses as a percentage of profits increased slightly by 139.91 % compared to last year, with a more notable quarter-on-quarter increase of 127.52 %. Net profit fell by -73.15 % year-on-year but witnessed a -81.65 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -73.18 % but a quarterly fall of -81.69 %. In summary, SUNDARAM BRAKE LININGS 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. 91.769 Cr | Rs. 84.8 Cr | Rs. 89.032 Cr | + 4.99 % | -2.98 % |
| Expenses | Rs. 87.31 Cr | Rs. 78.84 Cr | Rs. 88.36 Cr | + 12.08 % | + 1.2 % |
| Operating Profit | Rs. 4.46 Cr | Rs. 5.96 Cr | Rs. 0.67 Cr | -88.76 % | -84.98 % |
| Net Profit | Rs. 2.16 Cr | Rs. 3.16 Cr | Rs. 0.58 Cr | -81.65 % | -73.15 % |
| EPS in Rs | Rs. 5.48 | Rs. 8.03 | Rs. 1.47 | -81.69 % | -73.18 % |
In reviewing SUNDARAM BRAKE LININGS LTD’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -2.98 % year-on-year, however, there was a minor increase of 4.99 % from the previous quarter. Expenses rose by 1.2 % compared to the previous year, with a 12.08 % increase quarter-on-quarter. Operating Profit dropped by -84.98 % annually, and saw a -88.76 % decrease from the last quarter.
Net Profit showed yearly decrease of -73.15 %, and experienced a -81.65 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -73.18 % annually, however dipped by -81.69 % compared to the last quarter. In essence, while SUNDARAM BRAKE LININGS LTD faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
