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Highlights
- Sales over the Year and quarter: The company’s sales declined by -14.83 % over the year, decrease in net sales/revenue by -70.94 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -240 %, Marginal decrease of -255.56% in other income during this quarter.
- Profit over the Year and quarter:
- EPS over the Year and quarter: EPS declined by -92.98 % Year to Year. EPS decreased by -97.37 % 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. 16.51 Cr | Rs. 48.391 Cr | Rs. 14.062 Cr | -70.94 % | -14.83 % |
Expenses | Rs. 14.73 Cr | Rs. 45.16 Cr | Rs. 11.79 Cr | -73.89 % | -19.96 % |
Operating Profit | Rs. 1.78 Cr | Rs. 3.23 Cr | Rs. 2.27 Cr | -29.72 % | + 27.53 % |
OPM % | 10.78 % | 6.67 % | 16.14 % | + 9.47 % | + 5.36 % |
Other Income | Rs. 0.1 Cr | Rs. 0.09 Cr | Rs. -0.14 Cr | -255.56 % | -240 % |
Interest | Rs. 1.07 Cr | Rs. 1.68 Cr | Rs. 1.34 Cr | -20.24 % | + 25.23 % |
Depreciation | Rs. 0.61 Cr | Rs. 0.55 Cr | Rs. 0.74 Cr | + 34.55 % | + 21.31 % |
Profit before tax | Rs. 0.2 Cr | Rs. 1.09 Cr | Rs. 0.05 Cr | -95.41 % | -75 % |
Tax % | 50 % | 41.03 % | 97.96 % | + 56.93 % | + 47.96 % |
Net Profit | Rs. 0.3 Cr | Rs. 0.64 Cr | Rs. 0 Cr | 0 % | 0 % |
EPS in Rs | Rs. 0.57 | Rs. 1.52 | Rs. 0.04 | -97.37 % | -92.98 % |
Today, we’re looking at Sunil Industries 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 -14.83 %. However, it did see a marginal slip of -70.94 % from the previous quarter. Expenses decreased slightly by -73.89 % quarter-on-quarter, aligning with the annual decline of -19.96 %. Operating profit, while up 27.53 % compared to last year, faced a quarter-on-quarter dip of -29.72 %, 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 5.36 %, but an expansion of 9.47 % sequentially. Other income fell by -255.56 % compared to the last quarter, despite an annual decline of -240 %. Interest expenses dropped significantly by -20.24 % from the previous quarter, yet the year-over-year increase remains at a moderate 25.23 %. Depreciation costs climbed by 34.55 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 21.31 %. Profit before tax declined annually by -75 % but saw a reduction from the preceding quarter by -95.41 %.
Tax expenses as a percentage of profits increased slightly by 47.96 % compared to last year, with a more notable quarter-on-quarter increase of 56.93 %. And finally, Earnings Per Share (EPS) displayed an annual downturn of -92.98 % but a quarterly fall of -97.37 %. In summary, Sunil 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. 16.51 Cr | Rs. 48.391 Cr | Rs. 14.062 Cr | -70.94 % | -14.83 % |
Expenses | Rs. 14.73 Cr | Rs. 45.16 Cr | Rs. 11.79 Cr | -73.89 % | -19.96 % |
Operating Profit | Rs. 1.78 Cr | Rs. 3.23 Cr | Rs. 2.27 Cr | -29.72 % | + 27.53 % |
Net Profit | Rs. 0.3 Cr | Rs. 0.64 Cr | Rs. 0 Cr | 0 % | 0 % |
EPS in Rs | Rs. 0.57 | Rs. 1.52 | Rs. 0.04 | -97.37 % | -92.98 % |
In reviewing Sunil Industries Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -14.83 % year-on-year, although there was a slight dip of -70.94 % from the previous quarter. Expenses decreased by -19.96 % compared to the previous year, with a decrease of -73.89 % quarter-on-quarter. Operating Profit surged by 27.53 % annually, and saw a -29.72 % decrease from the last quarter.
Earnings Per Share (EPS) fell by -92.98 % annually, however dipped by -97.37 % compared to the last quarter. In essence, while Sunil Industries 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.