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Sunflag Iron And Steel Company ‘s Q2 Financial results: Revenue Grows by 0.9% YoY

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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 0.9 % in the past year, decrease in net sales/revenue by -3.24 %.
  • 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 615.52 %. Marginal increase in other income during this quarter, up by 159.38%.
  • Profit over the Year and quarter: Significant improvement in profitability for Sunflag Iron And Steel Company Limited. Notable increase of 5.24 % in net profit Year to Year, Sunflag Iron And Steel Company Limited’s profitability increased by 46.29 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 5.12 % Year to Year. EPS increased by 45.81 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Sunflag Iron And Steel Company 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. 858.01 Cr Rs. 894.74 Cr Rs. 865.74 Cr -3.24 % + 0.9 %
Expenses Rs. 759.18 Cr Rs. 815.47 Cr Rs. 767.39 Cr -5.9 % + 1.08 %
Operating Profit Rs. 98.83 Cr Rs. 79.27 Cr Rs. 98.35 Cr + 24.07 % -0.49 %
OPM % 11.52 % 8.86 % 11.36 % + 2.5 % -0.16 %
Other Income Rs. 1.16 Cr Rs. 3.2 Cr Rs. 8.3 Cr + 159.38 % + 615.52 %
Interest Rs. 22.99 Cr Rs. 21.34 Cr Rs. 25.18 Cr + 17.99 % + 9.53 %
Depreciation Rs. 25.63 Cr Rs. 26 Cr Rs. 26 Cr + 0 % + 1.44 %
Profit before tax Rs. 51.37 Cr Rs. 35.13 Cr Rs. 55.47 Cr + 57.9 % + 7.98 %
Tax % 25.05 % 21.46 % 26.37 % + 4.91 % + 1.32 %
Net Profit Rs. 38.77 Cr Rs. 27.89 Cr Rs. 40.8 Cr + 46.29 % + 5.24 %
EPS in Rs Rs. 2.15 Rs. 1.55 Rs. 2.26 + 45.81 % + 5.12 %


Today, we’re looking at Sunflag Iron And Steel Company 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 0.9 %. However, it did see a marginal slip of -3.24 % from the previous quarter. Expenses decreased slightly by -5.9 % quarter-on-quarter, aligning with the annual rise of 1.08 %. Operating profit, while down -0.49 % compared to last year, faced a quarter-on-quarter increase of 24.07 %, 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 -0.16 %, but an expansion of 2.5 % sequentially. Other income rose by 159.38 % compared to the last quarter, despite an annual growth of 615.52 %. Interest expenses surged remarkably by 17.99 % from the previous quarter, yet the year-over-year increase remains at a moderate 9.53 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 1.44 %. Profit before tax grew annually by 7.98 % but saw an increase from the preceding quarter by 57.9 %.
Tax expenses as a percentage of profits increased slightly by 1.32 % compared to last year, with a more notable quarter-on-quarter increase of 4.91 %. Net profit rose by 5.24 % year-on-year but experienced a 46.29 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 5.12 % but a quarterly rise of 45.81 %. In summary, Sunflag Iron And Steel Company 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. 858.01 Cr Rs. 894.74 Cr Rs. 865.74 Cr -3.24 % + 0.9 %
Expenses Rs. 759.18 Cr Rs. 815.47 Cr Rs. 767.39 Cr -5.9 % + 1.08 %
Operating Profit Rs. 98.83 Cr Rs. 79.27 Cr Rs. 98.35 Cr + 24.07 % -0.49 %
Net Profit Rs. 38.77 Cr Rs. 27.89 Cr Rs. 40.8 Cr + 46.29 % + 5.24 %
EPS in Rs Rs. 2.15 Rs. 1.55 Rs. 2.26 + 45.81 % + 5.12 %


In reviewing Sunflag Iron And Steel Company Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0.9 % year-on-year growth, although there was a slight dip of -3.24 % from the previous quarter. Expenses rose by 1.08 % compared to the previous year, with a decrease of -5.9 % quarter-on-quarter. Operating Profit dropped by -0.49 % annually, and saw a 24.07 % increase from the last quarter.
Net Profit showed yearly increase of 5.24 %, and experienced a 46.29 % increase from the previous quarter. Earnings Per Share (EPS) rose by 5.12 % annually, however rose by 45.81 % compared to the last quarter. In essence, while Sunflag Iron And Steel Company 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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