Suryalakshmi Cotton Mills : Q4 2024 Financial Quarterly Report : YoY Sales Up 11.07 %, QoQ Up 29.42 %

The comprehensive analytics outlining the performance and outlook of Suryalakshmi Cotton Mills Ltd.”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.

Today, we’re looking at Suryalakshmi Cotton Mills 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 11.07 %. However, it did see a marginal increase of 29.42 % from the previous quarter. Expenses ticked up slightly by 28.98 % quarter-on-quarter, aligning with the annual rise of 11.1 %. Operating profit, while up 10.67 % compared to last year, faced a quarter-on-quarter increase of 35.16 %, 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 -0.02 %, but an expansion of 0.32 % sequentially. Other income rose by 41.67 % compared to the last quarter, despite an annual growth of 580 %. Interest expenses surged remarkably by 12.47 % from the previous quarter, yet the year-over-year increase remains at a moderate 33.17 %. Depreciation costs climbed by 5.22 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 2.76 %. Profit before tax grew annually by 6.83 % but saw an increase from the preceding quarter by 226.38 %.
Tax expenses as a percentage of profits increased slightly by 26.25 % compared to last year, with a more notable quarter-on-quarter increase of 36.69 %. Net profit rose by 800 % year-on-year but experienced a 3.41 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 185.71 % but a quarterly rise of 2.13 %. In summary, Suryalakshmi Cotton Mills Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Suryalakshmi Cotton Mills Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 11.07 % year-on-year growth, however, there was a minor increase of 29.42 % from the previous quarter. Expenses rose by 11.1 % compared to the previous year, with a 28.98 % increase quarter-on-quarter. Operating Profit surged by 10.67 % annually, and saw a 35.16 % increase from the last quarter.
Net Profit showed yearly increase of 800 %, and experienced a 3.41 % increase from the previous quarter. Earnings Per Share (EPS) rose by 185.71 % annually, however rose by 2.13 % compared to the last quarter. In essence, while Suryalakshmi Cotton Mills Ltd. exhibits strong annual growth 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.