Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 8.64 % in the past year, decrease in net sales/revenue by -3.68 %.
- 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 30.77 %. Marginal increase in other income during this quarter, up by 88.89%.
- Profit over the Year and quarter: Significant improvement in profitability for Sunil Agro Foods ltd.. Notable increase of 24.62 % in net profit Year to Year, Sunil Agro Foods ltd.’s profitability dropped by -25.35 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 25.58 % Year to Year. EPS decreased by -25 % 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. 54.799 Cr | Rs. 61.808 Cr | Rs. 59.532 Cr | -3.68 % | + 8.64 % |
| Expenses | Rs. 53.49 Cr | Rs. 60.31 Cr | Rs. 58.04 Cr | -3.76 % | + 8.51 % |
| Operating Profit | Rs. 1.31 Cr | Rs. 1.5 Cr | Rs. 1.49 Cr | -0.67 % | + 13.74 % |
| OPM % | 2.39 % | 2.43 % | 2.5 % | + 0.07 % | + 0.11 % |
| Other Income | Rs. 0.13 Cr | Rs. 0.09 Cr | Rs. 0.17 Cr | + 88.89 % | + 30.77 % |
| Interest | Rs. 0.85 Cr | Rs. 0.91 Cr | Rs. 0.94 Cr | + 3.3 % | + 10.59 % |
| Depreciation | Rs. 0.43 Cr | Rs. 0.43 Cr | Rs. 0.43 Cr | + 0 % | + 0 % |
| Profit before tax | Rs. 0.16 Cr | Rs. 0.25 Cr | Rs. 0.29 Cr | + 16 % | + 81.25 % |
| Tax % | 16.23 % | 15.23 % | 29.26 % | + 14.03 % | + 13.03 % |
| Net Profit | Rs. 0.13 Cr | Rs. 0.22 Cr | Rs. 0.16 Cr | -27.27 % | + 23.08 % |
| EPS in Rs | Rs. 0.43 | Rs. 0.72 | Rs. 0.54 | -25 % | + 25.58 % |
Today, we’re looking at Sunil Agro Foods 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 8.64 %. However, it did see a marginal slip of -3.68 % from the previous quarter. Expenses decreased slightly by -3.76 % quarter-on-quarter, aligning with the annual rise of 8.51 %. Operating profit, while up 13.74 % compared to last year, faced a quarter-on-quarter dip of -0.67 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.11 %, but an expansion of 0.07 % sequentially. Other income rose by 88.89 % compared to the last quarter, despite an annual growth of 30.77 %. Interest expenses surged remarkably by 3.3 % from the previous quarter, yet the year-over-year increase remains at a moderate 10.59 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 81.25 % but saw an increase from the preceding quarter by 16 %.
Tax expenses as a percentage of profits increased slightly by 13.03 % compared to last year, with a more notable quarter-on-quarter increase of 14.03 %. Net profit rose by 23.08 % year-on-year but witnessed a -27.27 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 25.58 % but a quarterly fall of -25 %. In summary, Sunil Agro Foods 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. 54.799 Cr | Rs. 61.808 Cr | Rs. 59.532 Cr | -3.68 % | + 8.64 % |
| Expenses | Rs. 53.49 Cr | Rs. 60.31 Cr | Rs. 58.04 Cr | -3.76 % | + 8.51 % |
| Operating Profit | Rs. 1.31 Cr | Rs. 1.5 Cr | Rs. 1.49 Cr | -0.67 % | + 13.74 % |
| Net Profit | Rs. 0.13 Cr | Rs. 0.22 Cr | Rs. 0.16 Cr | -27.27 % | + 23.08 % |
| EPS in Rs | Rs. 0.43 | Rs. 0.72 | Rs. 0.54 | -25 % | + 25.58 % |
In reviewing Sunil Agro Foods ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 8.64 % year-on-year growth, although there was a slight dip of -3.68 % from the previous quarter. Expenses rose by 8.51 % compared to the previous year, with a decrease of -3.76 % quarter-on-quarter. Operating Profit surged by 13.74 % annually, and saw a -0.67 % decrease from the last quarter.
Net Profit showed yearly increase of 23.08 %, and experienced a -27.27 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 25.58 % annually, however dipped by -25 % compared to the last quarter. In essence, while Sunil Agro Foods 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.
