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Highlights
- Sales over the Year and quarter: The company’s sales declined by -85.1 % over the year, substantial increase in net sales/revenue by 77.67 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -5237.5 %,
- Profit over the Year and quarter: Significant improvement in profitability for Super Spinning Mills Ltd.. Notable increase of 51.11 % in net profit Year to Year, Super Spinning Mills Ltd.’s profitability increased by 876.99 % in this quarter.
- EPS over the Year and quarter: EPS increased by 50.70 % Year to Year. EPS increased by 872.73 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 17.52 Cr | Rs. 1.469 Cr | Rs. 2.61 Cr | + 77.67 % | -85.1 % |
Expenses | Rs. 19.1 Cr | Rs. 0.2 Cr | Rs. -0.36 Cr | -280 % | -101.88 % |
Operating Profit | Rs. -1.58 Cr | Rs. 1.27 Cr | Rs. 2.97 Cr | + 133.86 % | + 287.97 % |
OPM % | -9.02 % | 86.45 % | 113.79 % | + 27.34 % | + 122.81 % |
Other Income | Rs. 0.08 Cr | Rs. -1.62 Cr | Rs. -4.11 Cr | -153.7 % | -5237.5 % |
Interest | Rs. 0.9 Cr | Rs. 0.46 Cr | Rs. 0.6 Cr | + 30.43 % | -33.33 % |
Depreciation | Rs. 0.61 Cr | Rs. 0.26 Cr | Rs. 0.41 Cr | + 57.69 % | -32.79 % |
Profit before tax | Rs. -3.01 Cr | Rs. -1.07 Cr | Rs. -2.15 Cr | -100.93 % | + 28.57 % |
Tax % | -7.81 % | 26.04 % | -977.09 % | -1003.13 % | -969.28 % |
Net Profit | Rs. -7.81 Cr | Rs. -1.21 Cr | Rs. -11.8 Cr | -875.21 % | -51.09 % |
EPS in Rs | Rs. -1.42 | Rs. -0.22 | Rs. -2.14 | -872.73 % | -50.7 % |
Today, we’re looking at Super Spinning Mills 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 -85.1 %. However, it did see a marginal increase of 77.67 % from the previous quarter. Expenses decreased slightly by -280 % quarter-on-quarter, aligning with the annual decline of -101.88 %. Operating profit, while up 287.97 % compared to last year, faced a quarter-on-quarter increase of 133.86 %, 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 122.81 %, but an expansion of 27.34 % sequentially. Other income fell by -153.7 % compared to the last quarter, despite an annual decline of -5237.5 %. Interest expenses surged remarkably by 30.43 % from the previous quarter, yet the year-over-year decrease remains at a moderate -33.33 %. Depreciation costs climbed by 57.69 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -32.79 %. Profit before tax grew annually by 28.57 % but saw a reduction from the preceding quarter by -100.93 %.
Tax expenses as a percentage of profits decreased slightly by -969.28 % compared to last year, with a more notable quarter-on-quarter decrease of -1003.13 %. Net profit fell by -51.09 % year-on-year but witnessed a -875.21 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -50.7 % but a quarterly fall of -872.73 %. In summary, Super Spinning Mills 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. 17.52 Cr | Rs. 1.469 Cr | Rs. 2.61 Cr | + 77.67 % | -85.1 % |
Expenses | Rs. 19.1 Cr | Rs. 0.2 Cr | Rs. -0.36 Cr | -280 % | -101.88 % |
Operating Profit | Rs. -1.58 Cr | Rs. 1.27 Cr | Rs. 2.97 Cr | + 133.86 % | + 287.97 % |
Net Profit | Rs. -7.81 Cr | Rs. -1.21 Cr | Rs. -11.8 Cr | -875.21 % | -51.09 % |
EPS in Rs | Rs. -1.42 | Rs. -0.22 | Rs. -2.14 | -872.73 % | -50.7 % |
In reviewing Super Spinning Mills Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -85.1 % year-on-year, however, there was a minor increase of 77.67 % from the previous quarter. Expenses decreased by -101.88 % compared to the previous year, with a decrease of -280 % quarter-on-quarter. Operating Profit surged by 287.97 % annually, and saw a 133.86 % increase from the last quarter.
Net Profit showed yearly decrease of -51.09 %, and experienced a -875.21 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -50.7 % annually, however dipped by -872.73 % compared to the last quarter. In essence, while Super Spinning Mills 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.
-19
3-Year Profit
3
5-Year Profit
0
10-Year Profit
9.71
Current Price
53.4
Market Cap
The financial outlook for the company under BSE code 521180 reveals a significant five-year profit of 3 percents. This marks a notable increase to -19 percents over the last three years, indicating a strong upward trend in the company's financial health during this period. However, it's important to note that recent challenges have impacted the company's performance, leading to a trailing twelve-month loss of -77 percents. This sharp decline in profitability is particularly concerning, as the company has also reported no sales across any analyzed timeframe, suggesting a highly unconventional and perhaps risky operational approach. The company's stock prices mirror this financial volatility, with the stock trading at 27 percents over the past five years but experiencing a dramatic drop to 48 percents within the last year. Over a decade, the stock price was at 7 percents, reflecting long-term concerns regarding the company's stability and future outlook. Such performance poses questions about the sustainability of the business and whether it can rebound from these recent setbacks.
The company currently holds a market cap of ₹53.4 crore, with its stock trading at ₹9.71. Historically, the stock has fluctuated between ₹11.7 / 6.16, reflecting its performance in response to market dynamics and various economic factors. The company's Price-to-Earnings (P/E) ratio stands at , indicating that the stock is perceived as highly valued by the market, possibly driven by expectations of future earnings growth. The book value per share is ₹9.20, which offers insight into the company's intrinsic worth, while its dividend yield of 0.00% provides a steady return for long-term investors. Return on Capital Employed (ROCE) is -1.79%, showcasing the company’s ability to generate profits from its capital investments. Return on Equity (ROE) is -43.0%, highlighting how efficiently the company uses shareholder funds to generate profits. The debt-to-equity ratio is very low at 2.21, which is a positive indicator of financial stability. However, the company’s net cash flow of ₹-0.52 crore raises concerns about its liquidity position. The Piotroski score of 4.00 reflects the company’s overall financial health, while the Graham Number of ₹ suggests the stock's intrinsic value. Despite these factors, the Price-to-Book (P/B) ratio of 1.07 indicates that the stock is trading at a premium to its book value, which might imply market optimism about the company's future growth prospects.