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Highlights
- Sales over the Year and quarter: The company’s sales declined by -31.52 % over the year, substantial increase in net sales/revenue by 15.06 %.
- 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 49.56 %. Marginal increase in other income during this quarter, up by 18.9%.
- Profit over the Year and quarter: Challenges in sustaining profitability for SUVEN PHARMACEUTICALS LIMITED. Profit dropped by -56.95 % Year to Year, SUVEN PHARMACEUTICALS LIMITED’s profitability increased by 14.16 % in this quarter.
- EPS over the Year and quarter: EPS declined by -56.88 % Year to Year. EPS increased by 14.13 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 369.356 Cr | Rs. 219.82 Cr | Rs. 252.93 Cr | + 15.06 % | -31.52 % |
Expenses | Rs. 200.28 Cr | Rs. 154.67 Cr | Rs. 179.59 Cr | + 16.11 % | -10.33 % |
Operating Profit | Rs. 169.08 Cr | Rs. 65.15 Cr | Rs. 73.34 Cr | + 12.57 % | -56.62 % |
OPM % | 45.78 % | 29.64 % | 29 % | -0.64 % | -16.78 % |
Other Income | Rs. 11.4 Cr | Rs. 14.34 Cr | Rs. 17.05 Cr | + 18.9 % | + 49.56 % |
Interest | Rs. 2.31 Cr | Rs. 1.27 Cr | Rs. 2.3 Cr | + 81.1 % | -0.43 % |
Depreciation | Rs. 11.96 Cr | Rs. 12.75 Cr | Rs. 17.25 Cr | + 35.29 % | + 44.23 % |
Profit before tax | Rs. 166.21 Cr | Rs. 65.47 Cr | Rs. 70.84 Cr | + 8.2 % | -57.38 % |
Tax % | 25.41 % | 28.59 % | 24.67 % | -3.92 % | -0.74 % |
Net Profit | Rs. 123.97 Cr | Rs. 46.75 Cr | Rs. 53.37 Cr | + 14.16 % | -56.95 % |
EPS in Rs | Rs. 4.87 | Rs. 1.84 | Rs. 2.1 | + 14.13 % | -56.88 % |
Today, we’re looking at SUVEN PHARMACEUTICALS LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -31.52 %. However, it did see a marginal increase of 15.06 % from the previous quarter. Expenses ticked up slightly by 16.11 % quarter-on-quarter, aligning with the annual decline of -10.33 %. Operating profit, while down -56.62 % compared to last year, faced a quarter-on-quarter increase of 12.57 %, 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 -16.78 %, but a shrinkage of -0.64 % sequentially. Other income rose by 18.9 % compared to the last quarter, despite an annual growth of 49.56 %. Interest expenses surged remarkably by 81.1 % from the previous quarter, yet the year-over-year decrease remains at a moderate -0.43 %. Depreciation costs climbed by 35.29 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 44.23 %. Profit before tax declined annually by -57.38 % but saw an increase from the preceding quarter by 8.2 %.
Tax expenses as a percentage of profits decreased slightly by -0.74 % compared to last year, with a more notable quarter-on-quarter decrease of -3.92 %. Net profit fell by -56.95 % year-on-year but experienced a 14.16 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -56.88 % but a quarterly rise of 14.13 %. In summary, SUVEN PHARMACEUTICALS 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. 369.356 Cr | Rs. 219.82 Cr | Rs. 252.93 Cr | + 15.06 % | -31.52 % |
Expenses | Rs. 200.28 Cr | Rs. 154.67 Cr | Rs. 179.59 Cr | + 16.11 % | -10.33 % |
Operating Profit | Rs. 169.08 Cr | Rs. 65.15 Cr | Rs. 73.34 Cr | + 12.57 % | -56.62 % |
Net Profit | Rs. 123.97 Cr | Rs. 46.75 Cr | Rs. 53.37 Cr | + 14.16 % | -56.95 % |
EPS in Rs | Rs. 4.87 | Rs. 1.84 | Rs. 2.1 | + 14.13 % | -56.88 % |
In reviewing SUVEN PHARMACEUTICALS LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -31.52 % year-on-year, however, there was a minor increase of 15.06 % from the previous quarter. Expenses decreased by -10.33 % compared to the previous year, with a 16.11 % increase quarter-on-quarter. Operating Profit dropped by -56.62 % annually, and saw a 12.57 % increase from the last quarter.
Net Profit showed yearly decrease of -56.95 %, and experienced a 14.16 % increase from the previous quarter. Earnings Per Share (EPS) fell by -56.88 % annually, however rose by 14.13 % compared to the last quarter. In essence, while SUVEN PHARMACEUTICALS LIMITED faces strong annual decline 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.