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Suryalata Spinning Mills ‘s Q2 Report: Revenue Rises by 20.04% YoY

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Highlights

  • The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: The company experienced a substantial growth of 20.04 % in the past year, substantial increase in net sales/revenue by 13.88 %.
  • Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 159.64 %. Marginal increase in other income during this quarter, up by 58.33%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Suryalata Spinning Mills Ltd.,. Profit dropped by -65.78 % Year to Year, Suryalata Spinning Mills Ltd.,’s profitability dropped by -16.35 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -65.83 % Year to Year. EPS decreased by -16.49 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Suryalata Spinning 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.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 111.508 Cr Rs. 117.541 Cr Rs. 133.857 Cr + 13.88 % + 20.04 %
Expenses Rs. 99.9 Cr Rs. 109.37 Cr Rs. 126.05 Cr + 15.25 % + 26.18 %
Operating Profit Rs. 11.61 Cr Rs. 8.17 Cr Rs. 7.81 Cr -4.41 % -32.73 %
OPM % 10.41 % 6.95 % 5.83 % -1.12 % -4.58 %
Other Income Rs. -0.669 Cr Rs. 0.252 Cr Rs. 0.399 Cr + 58.33 % + 159.64 %
Interest Rs. 1.59 Cr Rs. 2.13 Cr Rs. 1.99 Cr -6.57 % + 25.16 %
Depreciation Rs. 3.45 Cr Rs. 4.1 Cr Rs. 4.17 Cr + 1.71 % + 20.87 %
Profit before tax Rs. 5.9 Cr Rs. 2.19 Cr Rs. 2.05 Cr -6.39 % -65.25 %
Tax % 16.36 % 7.98 % 17.75 % + 9.77 % + 1.39 %
Net Profit Rs. 4.93 Cr Rs. 2.02 Cr Rs. 1.69 Cr -16.34 % -65.72 %
EPS in Rs Rs. 11.56 Rs. 4.73 Rs. 3.95 -16.49 % -65.83 %


Today, we’re looking at Suryalata Spinning Mills Ltd.,’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 20.04 %. However, it did see a marginal increase of 13.88 % from the previous quarter. Expenses ticked up slightly by 15.25 % quarter-on-quarter, aligning with the annual rise of 26.18 %. Operating profit, while down -32.73 % compared to last year, faced a quarter-on-quarter dip of -4.41 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -4.58 %, but a shrinkage of -1.12 % sequentially. Other income rose by 58.33 % compared to the last quarter, despite an annual growth of 159.64 %. Interest expenses dropped significantly by -6.57 % from the previous quarter, yet the year-over-year increase remains at a moderate 25.16 %. Depreciation costs climbed by 1.71 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 20.87 %. Profit before tax declined annually by -65.25 % but saw a reduction from the preceding quarter by -6.39 %.
Tax expenses as a percentage of profits increased slightly by 1.39 % compared to last year, with a more notable quarter-on-quarter increase of 9.77 %. Net profit fell by -65.72 % year-on-year but witnessed a -16.34 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -65.83 % but a quarterly fall of -16.49 %. In summary, Suryalata Spinning Mills 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. 111.508 Cr Rs. 117.541 Cr Rs. 133.857 Cr + 13.88 % + 20.04 %
Expenses Rs. 99.9 Cr Rs. 109.37 Cr Rs. 126.05 Cr + 15.25 % + 26.18 %
Operating Profit Rs. 11.61 Cr Rs. 8.17 Cr Rs. 7.81 Cr -4.41 % -32.73 %
Net Profit Rs. 4.93 Cr Rs. 2.02 Cr Rs. 1.69 Cr -16.34 % -65.72 %
EPS in Rs Rs. 11.56 Rs. 4.73 Rs. 3.95 -16.49 % -65.83 %


In reviewing Suryalata Spinning Mills Ltd.,’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 20.04 % year-on-year growth, however, there was a minor increase of 13.88 % from the previous quarter. Expenses rose by 26.18 % compared to the previous year, with a 15.25 % increase quarter-on-quarter. Operating Profit dropped by -32.73 % annually, and saw a -4.41 % decrease from the last quarter.
Net Profit showed yearly decrease of -65.72 %, and experienced a -16.34 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -65.83 % annually, however dipped by -16.49 % compared to the last quarter. In essence, while Suryalata Spinning Mills Ltd., faces strong annual decline 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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