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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’s sales declined by -73.51 % over the year, decrease in net sales/revenue by -57.82 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -28.94 %, Marginal decrease of -6.42% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Suven Life Sciences Limited. Notable increase of 16.39 % in net profit Year to Year, Suven Life Sciences Limited’s profitability increased by 5.65 % in this quarter.
- EPS over the Year and quarter: EPS increased by 17.27 % Year to Year. EPS increased by 5.74 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 3.797 Cr | Rs. 2.385 Cr | Rs. 1.006 Cr | -57.82 % | -73.51 % |
Expenses | Rs. 31.81 Cr | Rs. 32.67 Cr | Rs. 31.55 Cr | -3.43 % | -0.82 % |
Operating Profit | Rs. -28.01 Cr | Rs. -30.29 Cr | Rs. -30.54 Cr | -0.83 % | -9.03 % |
OPM % | -737.69 % | -1270.02 % | -3035.79 % | -1765.77 % | -2298.1 % |
Other Income | Rs. 5.64 Cr | Rs. 4.283 Cr | Rs. 4.008 Cr | -6.42 % | -28.94 % |
Interest | Rs. 0.05 Cr | Rs. 0.03 Cr | Rs. 0.02 Cr | -33.33 % | -60 % |
Depreciation | Rs. 1.67 Cr | Rs. 1.51 Cr | Rs. 1.49 Cr | -1.32 % | -10.78 % |
Profit before tax | Rs. -24.09 Cr | Rs. -27.55 Cr | Rs. -28.04 Cr | -1.78 % | -16.4 % |
Tax % | -0 % | -3.64 % | -0 % | + 3.64 % | 0 % |
Net Profit | Rs. -24.09 Cr | Rs. -26.54 Cr | Rs. -28.04 Cr | -5.65 % | -16.4 % |
EPS in Rs | Rs. -1.1 | Rs. -1.22 | Rs. -1.29 | -5.74 % | -17.27 % |
Today, we’re looking at Suven Life Sciences Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -73.51 %. However, it did see a marginal slip of -57.82 % from the previous quarter. Expenses decreased slightly by -3.43 % quarter-on-quarter, aligning with the annual decline of -0.82 %. Operating profit, while down -9.03 % compared to last year, faced a quarter-on-quarter dip of -0.83 %, 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 -2298.1 %, but a shrinkage of -1765.77 % sequentially. Other income fell by -6.42 % compared to the last quarter, despite an annual decline of -28.94 %. Interest expenses dropped significantly by -33.33 % from the previous quarter, yet the year-over-year decrease remains at a moderate -60 %. Depreciation costs fell by -1.32 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -10.78 %. Profit before tax declined annually by -16.4 % but saw a reduction from the preceding quarter by -1.78 %.
with a more notable quarter-on-quarter increase of 3.64 %. Net profit fell by -16.4 % year-on-year but witnessed a -5.65 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -17.27 % but a quarterly fall of -5.74 %. In summary, Suven Life Sciences 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. 3.797 Cr | Rs. 2.385 Cr | Rs. 1.006 Cr | -57.82 % | -73.51 % |
Expenses | Rs. 31.81 Cr | Rs. 32.67 Cr | Rs. 31.55 Cr | -3.43 % | -0.82 % |
Operating Profit | Rs. -28.01 Cr | Rs. -30.29 Cr | Rs. -30.54 Cr | -0.83 % | -9.03 % |
Net Profit | Rs. -24.09 Cr | Rs. -26.54 Cr | Rs. -28.04 Cr | -5.65 % | -16.4 % |
EPS in Rs | Rs. -1.1 | Rs. -1.22 | Rs. -1.29 | -5.74 % | -17.27 % |
In reviewing Suven Life Sciences Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -73.51 % year-on-year, although there was a slight dip of -57.82 % from the previous quarter. Expenses decreased by -0.82 % compared to the previous year, with a decrease of -3.43 % quarter-on-quarter. Operating Profit dropped by -9.03 % annually, and saw a -0.83 % decrease from the last quarter.
Net Profit showed yearly decrease of -16.4 %, and experienced a -5.65 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -17.27 % annually, however dipped by -5.74 % compared to the last quarter. In essence, while Suven Life Sciences Limited 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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