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SURATWWALA BUSINESS GROUP : Q4 2024 Financial Quarterly Report : YoY Sales Up 96.81 %, QoQ Up 28.93 %

June 14, 2024June 14, 2024| adminadmin| 0 Comments| 5:10 pm
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 96.81 % in the past year, substantial increase in net sales/revenue by 28.93 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -28.57 %, Marginal decrease of -72.22% in other income during this quarter.
  • Profit over the Year and quarter: Challenges in sustaining profitability for SURATWWALA BUSINESS GROUP LIMITED. Profit dropped by -646.58 % Year to Year, SURATWWALA BUSINESS GROUP LIMITED’s profitability dropped by -14.56 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -156.14 % Year to Year. EPS decreased by -91.51 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of SURATWWALA BUSINESS GROUP LIMITED”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. 10.71 Cr Rs. 16.349 Cr Rs. 21.078 Cr + 28.93 % + 96.81 %
Expenses Rs. 9.82 Cr Rs. 7.24 Cr Rs. 10.42 Cr + 43.92 % + 6.11 %
Operating Profit Rs. 0.89 Cr Rs. 9.11 Cr Rs. 10.66 Cr + 17.01 % + 1097.75 %
OPM % 8.31 % 55.72 % 50.57 % -5.15 % + 42.26 %
Other Income Rs. 0.07 Cr Rs. 0.18 Cr Rs. 0.05 Cr -72.22 % -28.57 %
Interest Rs. 0.32 Cr Rs. 0.1 Cr Rs. 0.29 Cr + 190 % -9.38 %
Depreciation Rs. 0.04 Cr Rs. 0.19 Cr Rs. 0.12 Cr -36.84 % + 200 %
Profit before tax Rs. 0.6 Cr Rs. 9 Cr Rs. 10.3 Cr + 14.44 % + 1616.67 %
Tax % 272.64 % 27.41 % 45.74 % + 18.33 % -226.9 %
Net Profit Rs. -1.02 Cr Rs. 6.54 Cr Rs. 5.59 Cr -14.53 % + 648.04 %
EPS in Rs Rs. -0.57 Rs. 3.77 Rs. 0.32 -91.51 % + 156.14 %


Today, we’re looking at SURATWWALA BUSINESS GROUP LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 96.81 %. However, it did see a marginal increase of 28.93 % from the previous quarter. Expenses ticked up slightly by 43.92 % quarter-on-quarter, aligning with the annual rise of 6.11 %. Operating profit, while up 1097.75 % compared to last year, faced a quarter-on-quarter increase of 17.01 %, 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 42.26 %, but a shrinkage of -5.15 % sequentially. Other income fell by -72.22 % compared to the last quarter, despite an annual decline of -28.57 %. Interest expenses surged remarkably by 190 % from the previous quarter, yet the year-over-year decrease remains at a moderate -9.38 %. Depreciation costs fell by -36.84 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 200 %. Profit before tax grew annually by 1616.67 % but saw an increase from the preceding quarter by 14.44 %.
Tax expenses as a percentage of profits decreased slightly by -226.9 % compared to last year, with a more notable quarter-on-quarter increase of 18.33 %. Net profit rose by 648.04 % year-on-year but witnessed a -14.53 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 156.14 % but a quarterly fall of -91.51 %. In summary, SURATWWALA BUSINESS GROUP 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. 10.71 Cr Rs. 16.349 Cr Rs. 21.078 Cr + 28.93 % + 96.81 %
Expenses Rs. 9.82 Cr Rs. 7.24 Cr Rs. 10.42 Cr + 43.92 % + 6.11 %
Operating Profit Rs. 0.89 Cr Rs. 9.11 Cr Rs. 10.66 Cr + 17.01 % + 1097.75 %
Net Profit Rs. -1.02 Cr Rs. 6.54 Cr Rs. 5.59 Cr -14.53 % + 648.04 %
EPS in Rs Rs. -0.57 Rs. 3.77 Rs. 0.32 -91.51 % + 156.14 %


In reviewing SURATWWALA BUSINESS GROUP LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 96.81 % year-on-year growth, however, there was a minor increase of 28.93 % from the previous quarter. Expenses rose by 6.11 % compared to the previous year, with a 43.92 % increase quarter-on-quarter. Operating Profit surged by 1097.75 % annually, and saw a 17.01 % increase from the last quarter.
Net Profit showed yearly increase of 648.04 %, and experienced a -14.53 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 156.14 % annually, however dipped by -91.51 % compared to the last quarter. In essence, while SURATWWALA BUSINESS GROUP LIMITED exhibits strong annual growth 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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