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.
| 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.
