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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 109.54 % in the past year, decrease in net sales/revenue by -39.15 %.
- 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 0 %. Marginal increase in other income during this quarter, up by 0%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Sylph Technologies Ltd. Profit dropped by -2012.63 % Year to Year, Sylph Technologies Ltd’s profitability increased by 138.14 % in this quarter.
- EPS over the Year and quarter: EPS declined by -133.33 % Year to Year. EPS decreased by -60 % 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. 2.506 Cr | Rs. 8.629 Cr | Rs. 5.251 Cr | -39.15 % | + 109.54 % |
Expenses | Rs. 2.5 Cr | Rs. 9.34 Cr | Rs. 7.19 Cr | -23.02 % | + 187.6 % |
Operating Profit | Rs. 0.01 Cr | Rs. -0.71 Cr | Rs. -1.94 Cr | -173.24 % | -19500 % |
OPM % | 0.4 % | -8.23 % | -36.95 % | -28.72 % | -37.35 % |
Other Income | Rs. 0.1 Cr | Rs. 0.1 Cr | Rs. 0.1 Cr | + 0 % | + 0 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. 0.11 Cr | Rs. -0.61 Cr | Rs. -1.84 Cr | -201.64 % | -1772.73 % |
Tax % | 0 % | -25.29 % | -1.25 % | + 24.04 % | -1.25 % |
Net Profit | Rs. 0.1 Cr | Rs. -0.76 Cr | Rs. -1.82 Cr | -139.47 % | -1920 % |
EPS in Rs | Rs. 0.06 | Rs. -0.05 | Rs. -0.02 | + 60 % | -133.33 % |
Today, we’re looking at Sylph Technologies 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 109.54 %. However, it did see a marginal slip of -39.15 % from the previous quarter. Expenses decreased slightly by -23.02 % quarter-on-quarter, aligning with the annual rise of 187.6 %. Operating profit, while down -19500 % compared to last year, faced a quarter-on-quarter dip of -173.24 %, 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 -37.35 %, but a shrinkage of -28.72 % sequentially. Other income rose by 0 % compared to the last quarter, despite an annual growth of 0 %. Profit before tax declined annually by -1772.73 % but saw a reduction from the preceding quarter by -201.64 %.
Tax expenses as a percentage of profits decreased slightly by -1.25 % compared to last year, with a more notable quarter-on-quarter increase of 24.04 %. Net profit fell by -1920 % year-on-year but witnessed a -139.47 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -133.33 % but a quarterly rise of 60 %. In summary, Sylph Technologies 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. 2.506 Cr | Rs. 8.629 Cr | Rs. 5.251 Cr | -39.15 % | + 109.54 % |
Expenses | Rs. 2.5 Cr | Rs. 9.34 Cr | Rs. 7.19 Cr | -23.02 % | + 187.6 % |
Operating Profit | Rs. 0.01 Cr | Rs. -0.71 Cr | Rs. -1.94 Cr | -173.24 % | -19500 % |
Net Profit | Rs. 0.1 Cr | Rs. -0.76 Cr | Rs. -1.82 Cr | -139.47 % | -1920 % |
EPS in Rs | Rs. 0.06 | Rs. -0.05 | Rs. -0.02 | + 60 % | -133.33 % |
In reviewing Sylph Technologies Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 109.54 % year-on-year growth, although there was a slight dip of -39.15 % from the previous quarter. Expenses rose by 187.6 % compared to the previous year, with a decrease of -23.02 % quarter-on-quarter. Operating Profit dropped by -19500 % annually, and saw a -173.24 % decrease from the last quarter.
Net Profit showed yearly decrease of -1920 %, and experienced a -139.47 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -133.33 % annually, however rose by 60 % compared to the last quarter. In essence, while Sylph Technologies 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.