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Sunshield Chemicals : Q4 2024 Financial Quarterly Report : YoY Sales Up 28.69 %, QoQ Up 31.2 %

May 18, 2024May 18, 2024| adminadmin| 0 Comments| 1:30 pm
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 28.69 % in the past year, substantial increase in net sales/revenue by 31.2 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -53.33 %, Marginal decrease of -7.89% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for Sunshield Chemicals Ltd.. Notable increase of 78.81 % in net profit Year to Year, Sunshield Chemicals Ltd.’s profitability increased by 16.76 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 78.73 % Year to Year. EPS increased by 16.93 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Sunshield Chemicals Ltd.”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. 66.46 Cr Rs. 65.19 Cr Rs. 85.53 Cr + 31.2 % + 28.69 %
Expenses Rs. 59.14 Cr Rs. 54.52 Cr Rs. 73.37 Cr + 34.57 % + 24.06 %
Operating Profit Rs. 7.32 Cr Rs. 10.67 Cr Rs. 12.16 Cr + 13.96 % + 66.12 %
OPM % 11.01 % 16.37 % 14.22 % -2.15 % + 3.21 %
Other Income Rs. 0.75 Cr Rs. 0.38 Cr Rs. 0.35 Cr -7.89 % -53.33 %
Interest Rs. 1.93 Cr Rs. 1.9 Cr Rs. 2.1 Cr + 10.53 % + 8.81 %
Depreciation Rs. 1.64 Cr Rs. 1.86 Cr Rs. 1.84 Cr -1.08 % + 12.2 %
Profit before tax Rs. 4.5 Cr Rs. 7.29 Cr Rs. 8.57 Cr + 17.56 % + 90.44 %
Tax % 25.56 % 29.63 % 30.11 % + 0.48 % + 4.55 %
Net Profit Rs. 3.35 Cr Rs. 5.13 Cr Rs. 5.99 Cr + 16.76 % + 78.81 %
EPS in Rs Rs. 4.56 Rs. 6.97 Rs. 8.15 + 16.93 % + 78.73 %


Today, we’re looking at Sunshield Chemicals 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 28.69 %. However, it did see a marginal increase of 31.2 % from the previous quarter. Expenses ticked up slightly by 34.57 % quarter-on-quarter, aligning with the annual rise of 24.06 %. Operating profit, while up 66.12 % compared to last year, faced a quarter-on-quarter increase of 13.96 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 3.21 %, but a shrinkage of -2.15 % sequentially. Other income fell by -7.89 % compared to the last quarter, despite an annual decline of -53.33 %. Interest expenses surged remarkably by 10.53 % from the previous quarter, yet the year-over-year increase remains at a moderate 8.81 %. Depreciation costs fell by -1.08 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 12.2 %. Profit before tax grew annually by 90.44 % but saw an increase from the preceding quarter by 17.56 %.
Tax expenses as a percentage of profits increased slightly by 4.55 % compared to last year, with a more notable quarter-on-quarter increase of 0.48 %. Net profit rose by 78.81 % year-on-year but experienced a 16.76 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 78.73 % but a quarterly rise of 16.93 %. In summary, Sunshield Chemicals 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. 66.46 Cr Rs. 65.19 Cr Rs. 85.53 Cr + 31.2 % + 28.69 %
Expenses Rs. 59.14 Cr Rs. 54.52 Cr Rs. 73.37 Cr + 34.57 % + 24.06 %
Operating Profit Rs. 7.32 Cr Rs. 10.67 Cr Rs. 12.16 Cr + 13.96 % + 66.12 %
Net Profit Rs. 3.35 Cr Rs. 5.13 Cr Rs. 5.99 Cr + 16.76 % + 78.81 %
EPS in Rs Rs. 4.56 Rs. 6.97 Rs. 8.15 + 16.93 % + 78.73 %


In reviewing Sunshield Chemicals Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 28.69 % year-on-year growth, however, there was a minor increase of 31.2 % from the previous quarter. Expenses rose by 24.06 % compared to the previous year, with a 34.57 % increase quarter-on-quarter. Operating Profit surged by 66.12 % annually, and saw a 13.96 % increase from the last quarter.
Net Profit showed yearly increase of 78.81 %, and experienced a 16.76 % increase from the previous quarter. Earnings Per Share (EPS) rose by 78.73 % annually, however rose by 16.93 % compared to the last quarter. In essence, while Sunshield Chemicals Ltd. 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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