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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 101.52 % in the past year, substantial increase in net sales/revenue by 78.73 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -34.22 %, Marginal decrease of -47.75% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Surbhi Industries Limited. Profit dropped by -74.14 % Year to Year, Surbhi Industries Limited’s profitability dropped by -227.17 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -74.14 % Year to Year. EPS decreased by -227.27 % 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. 3.099 Cr | Rs. 3.494 Cr | Rs. 6.245 Cr | + 78.73 % | + 101.52 % |
| Expenses | Rs. 3.36 Cr | Rs. 2.94 Cr | Rs. 6 Cr | + 104.08 % | + 78.57 % |
| Operating Profit | Rs. -0.26 Cr | Rs. 0.55 Cr | Rs. 0.25 Cr | -54.55 % | + 196.15 % |
| OPM % | -8.39 % | 15.74 % | 4 % | -11.74 % | + 12.39 % |
| Other Income | Rs. 0.564 Cr | Rs. 0.71 Cr | Rs. 0.371 Cr | -47.75 % | -34.22 % |
| Interest | Rs. 1 Cr | Rs. 0.17 Cr | Rs. 0.32 Cr | + 88.24 % | -68 % |
| Depreciation | Rs. 0.61 Cr | Rs. 0.83 Cr | Rs. 0.63 Cr | -24.1 % | + 3.28 % |
| Profit before tax | Rs. -1.31 Cr | Rs. 0.26 Cr | Rs. -0.33 Cr | -226.92 % | + 74.81 % |
| Tax % | -0 % | 0 % | -0 % | 0 % | 0 % |
| Net Profit | Rs. -1.3 Cr | Rs. 0.27 Cr | Rs. -0.34 Cr | -225.93 % | + 73.85 % |
| EPS in Rs | Rs. -3.79 | Rs. 0.77 | Rs. -0.98 | -227.27 % | + 74.14 % |
Today, we’re looking at Surbhi Industries Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 101.52 %. However, it did see a marginal increase of 78.73 % from the previous quarter. Expenses ticked up slightly by 104.08 % quarter-on-quarter, aligning with the annual rise of 78.57 %. Operating profit, while up 196.15 % compared to last year, faced a quarter-on-quarter dip of -54.55 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 12.39 %, but a shrinkage of -11.74 % sequentially. Other income fell by -47.75 % compared to the last quarter, despite an annual decline of -34.22 %. Interest expenses surged remarkably by 88.24 % from the previous quarter, yet the year-over-year decrease remains at a moderate -68 %. Depreciation costs fell by -24.1 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.28 %. Profit before tax grew annually by 74.81 % but saw a reduction from the preceding quarter by -226.92 %.
Net profit rose by 73.85 % year-on-year but witnessed a -225.93 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 74.14 % but a quarterly fall of -227.27 %. In summary, Surbhi Industries 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. 3.099 Cr | Rs. 3.494 Cr | Rs. 6.245 Cr | + 78.73 % | + 101.52 % |
| Expenses | Rs. 3.36 Cr | Rs. 2.94 Cr | Rs. 6 Cr | + 104.08 % | + 78.57 % |
| Operating Profit | Rs. -0.26 Cr | Rs. 0.55 Cr | Rs. 0.25 Cr | -54.55 % | + 196.15 % |
| Net Profit | Rs. -1.3 Cr | Rs. 0.27 Cr | Rs. -0.34 Cr | -225.93 % | + 73.85 % |
| EPS in Rs | Rs. -3.79 | Rs. 0.77 | Rs. -0.98 | -227.27 % | + 74.14 % |
In reviewing Surbhi Industries Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 101.52 % year-on-year growth, however, there was a minor increase of 78.73 % from the previous quarter. Expenses rose by 78.57 % compared to the previous year, with a 104.08 % increase quarter-on-quarter. Operating Profit surged by 196.15 % annually, and saw a -54.55 % decrease from the last quarter.
Net Profit showed yearly increase of 73.85 %, and experienced a -225.93 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 74.14 % annually, however dipped by -227.27 % compared to the last quarter. In essence, while Surbhi Industries 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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