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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 17.59 % in the past year, substantial increase in net sales/revenue by 13.44 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -33.42 %, Marginal increase in other income during this quarter, up by 18.89%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Suprajit Engineering Limited. Profit dropped by -98.62 % Year to Year, Suprajit Engineering Limited’s profitability dropped by -98.74 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -98.80 % Year to Year. EPS decreased by -98.91 % 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. 708.874 Cr | Rs. 734.857 Cr | Rs. 833.596 Cr | + 13.44 % | + 17.59 % |
Expenses | Rs. 639.07 Cr | Rs. 648.5 Cr | Rs. 770.6 Cr | + 18.83 % | + 20.58 % |
Operating Profit | Rs. 69.8 Cr | Rs. 86.36 Cr | Rs. 63 Cr | -27.05 % | -9.74 % |
OPM % | 9.85 % | 11.75 % | 7.56 % | -4.19 % | -2.29 % |
Other Income | Rs. 18.736 Cr | Rs. 10.492 Cr | Rs. 12.474 Cr | + 18.89 % | -33.42 % |
Interest | Rs. 13.63 Cr | Rs. 12.26 Cr | Rs. 14.61 Cr | + 19.17 % | + 7.19 % |
Depreciation | Rs. 25.7 Cr | Rs. 26.17 Cr | Rs. 32.41 Cr | + 23.84 % | + 26.11 % |
Profit before tax | Rs. 49.21 Cr | Rs. 58.42 Cr | Rs. 28.45 Cr | -51.3 % | -42.19 % |
Tax % | 29.37 % | 34.71 % | 98.31 % | + 63.6 % | + 68.94 % |
Net Profit | Rs. 34.76 Cr | Rs. 38.14 Cr | Rs. 0.48 Cr | -98.74 % | -98.62 % |
EPS in Rs | Rs. 2.51 | Rs. 2.75 | Rs. 0.03 | -98.91 % | -98.8 % |
Today, we’re looking at Suprajit Engineering 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 17.59 %. However, it did see a marginal increase of 13.44 % from the previous quarter. Expenses ticked up slightly by 18.83 % quarter-on-quarter, aligning with the annual rise of 20.58 %. Operating profit, while down -9.74 % compared to last year, faced a quarter-on-quarter dip of -27.05 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -2.29 %, but a shrinkage of -4.19 % sequentially. Other income rose by 18.89 % compared to the last quarter, despite an annual decline of -33.42 %. Interest expenses surged remarkably by 19.17 % from the previous quarter, yet the year-over-year increase remains at a moderate 7.19 %. Depreciation costs climbed by 23.84 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 26.11 %. Profit before tax declined annually by -42.19 % but saw a reduction from the preceding quarter by -51.3 %.
Tax expenses as a percentage of profits increased slightly by 68.94 % compared to last year, with a more notable quarter-on-quarter increase of 63.6 %. Net profit fell by -98.62 % year-on-year but witnessed a -98.74 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -98.8 % but a quarterly fall of -98.91 %. In summary, Suprajit Engineering 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. 708.874 Cr | Rs. 734.857 Cr | Rs. 833.596 Cr | + 13.44 % | + 17.59 % |
Expenses | Rs. 639.07 Cr | Rs. 648.5 Cr | Rs. 770.6 Cr | + 18.83 % | + 20.58 % |
Operating Profit | Rs. 69.8 Cr | Rs. 86.36 Cr | Rs. 63 Cr | -27.05 % | -9.74 % |
Net Profit | Rs. 34.76 Cr | Rs. 38.14 Cr | Rs. 0.48 Cr | -98.74 % | -98.62 % |
EPS in Rs | Rs. 2.51 | Rs. 2.75 | Rs. 0.03 | -98.91 % | -98.8 % |
In reviewing Suprajit Engineering Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 17.59 % year-on-year growth, however, there was a minor increase of 13.44 % from the previous quarter. Expenses rose by 20.58 % compared to the previous year, with a 18.83 % increase quarter-on-quarter. Operating Profit dropped by -9.74 % annually, and saw a -27.05 % decrease from the last quarter.
Net Profit showed yearly decrease of -98.62 %, and experienced a -98.74 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -98.8 % annually, however dipped by -98.91 % compared to the last quarter. In essence, while Suprajit Engineering Limited 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.
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