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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 103.14 % in the past year, substantial increase in net sales/revenue by 16.08 %.
- 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 80 %. Marginal decrease of -94.04% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Syschem (India) Ltd.. Profit dropped by -91.82 % Year to Year, Syschem (India) Ltd.’s profitability dropped by -114.41 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -94.34 % Year to Year. EPS decreased by -57.14 % 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. 50.286 Cr | Rs. 88.002 Cr | Rs. 102.152 Cr | + 16.08 % | + 103.14 % |
| Expenses | Rs. 47.84 Cr | Rs. 86.39 Cr | Rs. 101.35 Cr | + 17.32 % | + 111.85 % |
| Operating Profit | Rs. 2.45 Cr | Rs. 1.61 Cr | Rs. 0.8 Cr | -50.31 % | -67.35 % |
| OPM % | 4.87 % | 1.83 % | 0.78 % | -1.05 % | -4.09 % |
| Other Income | Rs. 0.005 Cr | Rs. 0.151 Cr | Rs. 0.009 Cr | -94.04 % | + 80 % |
| Interest | Rs. 0.1 Cr | Rs. 0.01 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.68 Cr | Rs. 0.67 Cr | Rs. 0.68 Cr | + 1.49 % | + 0 % |
| Profit before tax | Rs. 1.68 Cr | Rs. 1.08 Cr | Rs. 0.13 Cr | -87.96 % | -92.26 % |
| Tax % | 0 % | 187.32 % | 0 % | -187.32 % | 0 % |
| Net Profit | Rs. 1.68 Cr | Rs. -0.95 Cr | Rs. 0.14 Cr | + 114.74 % | -91.67 % |
| EPS in Rs | Rs. 0.53 | Rs. -0.07 | Rs. 0.03 | + 142.86 % | -94.34 % |
Today, we’re looking at Syschem (India) Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 103.14 %. However, it did see a marginal increase of 16.08 % from the previous quarter. Expenses ticked up slightly by 17.32 % quarter-on-quarter, aligning with the annual rise of 111.85 %. Operating profit, while down -67.35 % compared to last year, faced a quarter-on-quarter dip of -50.31 %, 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 -4.09 %, but a shrinkage of -1.05 % sequentially. Other income fell by -94.04 % compared to the last quarter, despite an annual growth of 80 %. Depreciation costs climbed by 1.49 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -92.26 % but saw a reduction from the preceding quarter by -87.96 %.
with a more notable quarter-on-quarter decrease of -187.32 %. Net profit fell by -91.67 % year-on-year but experienced a 114.74 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -94.34 % but a quarterly rise of 142.86 %. In summary, Syschem (India) 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. 50.286 Cr | Rs. 88.002 Cr | Rs. 102.152 Cr | + 16.08 % | + 103.14 % |
| Expenses | Rs. 47.84 Cr | Rs. 86.39 Cr | Rs. 101.35 Cr | + 17.32 % | + 111.85 % |
| Operating Profit | Rs. 2.45 Cr | Rs. 1.61 Cr | Rs. 0.8 Cr | -50.31 % | -67.35 % |
| Net Profit | Rs. 1.68 Cr | Rs. -0.95 Cr | Rs. 0.14 Cr | + 114.74 % | -91.67 % |
| EPS in Rs | Rs. 0.53 | Rs. -0.07 | Rs. 0.03 | + 142.86 % | -94.34 % |
In reviewing Syschem (India) Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 103.14 % year-on-year growth, however, there was a minor increase of 16.08 % from the previous quarter. Expenses rose by 111.85 % compared to the previous year, with a 17.32 % increase quarter-on-quarter. Operating Profit dropped by -67.35 % annually, and saw a -50.31 % decrease from the last quarter.
Net Profit showed yearly decrease of -91.67 %, and experienced a 114.74 % increase from the previous quarter. Earnings Per Share (EPS) fell by -94.34 % annually, however rose by 142.86 % compared to the last quarter. In essence, while Syschem (India) 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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