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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.
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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