Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 15.76% in the past year Substantial increase in net sales/revenue by 22.82%.
- Income over the Year and quarter: There has been decline in other income over the past year which is -2.88% Marginal increase in other income during this quarter, up by 41.54%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Supreme Industries Ltd.,. Profit dropped by -1.28% Year to YearSupreme Industries Ltd.,’s profitability increased by 38.51% in this quarter.
- EPS over the Year and quarter: EPS declined by -1.31% Year to Year.EPS increased by 38.47%. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 2598.3 Cr | Rs. 2449.1 Cr | Rs. 3007.89 Cr | + 22.82% | + 15.76% |
| Expenses | Rs. 2118.02 Cr | Rs. 2070.26 Cr | Rs. 2517.22 Cr | + 21.59% | + 18.85% |
| Operating Profit | Rs. 480.28 Cr | Rs. 378.84 Cr | Rs. 490.67 Cr | + 29.52% | + 2.16% |
| OPM % | 18.48 % | 15.47 % | 16.31 % | + 0.84% | -2.17% |
| Other Income | Rs. 60.52 Cr | Rs. 41.53 Cr | Rs. 58.78 Cr | + 41.54% | -2.88% |
| Interest | Rs. 4.04 Cr | Rs. 5.16 Cr | Rs. 7.72 Cr | + 49.61% | + 91.09% |
| Depreciation | Rs. 72.1 Cr | Rs. 77.24 Cr | Rs. 77.17 Cr | -0.09% | + 7.03% |
| Profit before tax | Rs. 464.66 Cr | Rs. 337.97 Cr | Rs. 464.56 Cr | + 37.46% | -0.02% |
| Tax % | 25.32 % | 25.79 % | 25.89 % | + 0.1% | + 0.57% |
| Net Profit | Rs. 359.43 Cr | Rs. 256.17 Cr | Rs. 354.82 Cr | + 38.51% | -1.28% |
| EPS in Rs | Rs. 28.3 | Rs. 20.17 | Rs. 27.93 | + 38.47% | -1.31% |
Today, we’re looking at Supreme Industries 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 15.76%. However, it did see a marginal increase of 22.82% from the previous quarter.Expenses ticked up slightly by 21.59% quarter-on-quarter, aligning with the annual rise of 18.85%. Operating profit, while up 2.16% compared to last year, faced a quarter-on-quarter increase of 29.52%, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -2.17%, but an expansion of 0.84% sequentially. Other income rose by 41.54% compared to the last quarter,despite an annual decline of -2.88%. Interest expenses surged remarkably by 49.61% from the previous quarter, yet the year-over-year increase remains at a moderate 91.09%. Depreciation costs fell by -0.09% quarter-on-quarter, whereas on an annual scale, they saw an increase of 7.03%. Profit before tax declined annually by -0.02%but saw an increase from the preceding quarter by 37.46%.
Tax expenses as a percentage of profits increased slightly by 0.57% compared to last year, with a more notable quarter-on-quarter increase of 0.1%. Net profit fell by -1.28% year-on-yearbut experienced a 38.51% expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -1.31% but a quarterly rise of 38.47%. In summary, Supreme 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. 2598.3 Cr | Rs. 2449.1 Cr | Rs. 3007.89 Cr | + 22.82% | + 15.76% |
| Expenses | Rs. 2118.02 Cr | Rs. 2070.26 Cr | Rs. 2517.22 Cr | + 21.59% | + 18.85% |
| Operating Profit | Rs. 480.28 Cr | Rs. 378.84 Cr | Rs. 490.67 Cr | + 29.52% | + 2.16% |
| Net Profit | Rs. 359.43 Cr | Rs. 256.17 Cr | Rs. 354.82 Cr | + 38.51% | -1.28% |
| EPS in Rs | Rs. 28.3 | Rs. 20.17 | Rs. 27.93 | + 38.47% | -1.31% |
In reviewing Supreme Industries Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.62% year-on-year growth, however, there was a minor increase of 22.82% from the previous quarter. Expenses rose by 18.85% compared to the previous year, with a 21.59% increase quarter-on-quarter. Operating Profit surged by 2.16% annually, and saw a 29.52% increase from the last quarter.
Net Profit showed yearly decrease of -1.28%, and experienced a 38.51% increase from the previous quarter. Earnings Per Share (EPS) fell by -1.31% annually, however rose by 38.47% compared to the last quarter. In essence, while Supreme Industries Ltd., faces strong annual decline 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.
