Share the post "Ugar Sugar Works : Q4 2024 Financial Quarterly Report : YoY Sales Down 37.53 %, QoQ Up 3.83 %"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -37.53 % over the year, substantial increase in net sales/revenue by 3.83 %.
- 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 1075.45 %. Marginal increase in other income during this quarter, up by 2316.82%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Ugar Sugar Works Ltd.. Profit dropped by -73.4 % Year to Year, Ugar Sugar Works Ltd.’s profitability dropped by -62.35 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -73.45 % Year to Year. EPS decreased by -62.44 % 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. 647.235 Cr | Rs. 389.435 Cr | Rs. 404.35 Cr | + 3.83 % | -37.53 % |
Expenses | Rs. 542.18 Cr | Rs. 328.72 Cr | Rs. 380.74 Cr | + 15.83 % | -29.78 % |
Operating Profit | Rs. 105.06 Cr | Rs. 60.72 Cr | Rs. 23.61 Cr | -61.12 % | -77.53 % |
OPM % | 16.23 % | 15.59 % | 5.84 % | -9.75 % | -10.39 % |
Other Income | Rs. 2.2 Cr | Rs. 1.07 Cr | Rs. 25.86 Cr | + 2316.82 % | + 1075.45 % |
Interest | Rs. 12.53 Cr | Rs. 8.09 Cr | Rs. 18.07 Cr | + 123.36 % | + 44.21 % |
Depreciation | Rs. 6.16 Cr | Rs. 7.11 Cr | Rs. 8.17 Cr | + 14.91 % | + 32.63 % |
Profit before tax | Rs. 88.57 Cr | Rs. 46.59 Cr | Rs. 23.23 Cr | -50.14 % | -73.77 % |
Tax % | 26.31 % | 1.01 % | 25.27 % | + 24.26 % | -1.04 % |
Net Profit | Rs. 65.27 Cr | Rs. 46.12 Cr | Rs. 17.36 Cr | -62.36 % | -73.4 % |
EPS in Rs | Rs. 5.8 | Rs. 4.1 | Rs. 1.54 | -62.44 % | -73.45 % |
Today, we’re looking at Ugar Sugar Works Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -37.53 %. However, it did see a marginal increase of 3.83 % from the previous quarter. Expenses ticked up slightly by 15.83 % quarter-on-quarter, aligning with the annual decline of -29.78 %. Operating profit, while down -77.53 % compared to last year, faced a quarter-on-quarter dip of -61.12 %, 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 -10.39 %, but a shrinkage of -9.75 % sequentially. Other income rose by 2316.82 % compared to the last quarter, despite an annual growth of 1075.45 %. Interest expenses surged remarkably by 123.36 % from the previous quarter, yet the year-over-year increase remains at a moderate 44.21 %. Depreciation costs climbed by 14.91 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 32.63 %. Profit before tax declined annually by -73.77 % but saw a reduction from the preceding quarter by -50.14 %.
Tax expenses as a percentage of profits decreased slightly by -1.04 % compared to last year, with a more notable quarter-on-quarter increase of 24.26 %. Net profit fell by -73.4 % year-on-year but witnessed a -62.36 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -73.45 % but a quarterly fall of -62.44 %. In summary, Ugar Sugar Works 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. 647.235 Cr | Rs. 389.435 Cr | Rs. 404.35 Cr | + 3.83 % | -37.53 % |
Expenses | Rs. 542.18 Cr | Rs. 328.72 Cr | Rs. 380.74 Cr | + 15.83 % | -29.78 % |
Operating Profit | Rs. 105.06 Cr | Rs. 60.72 Cr | Rs. 23.61 Cr | -61.12 % | -77.53 % |
Net Profit | Rs. 65.27 Cr | Rs. 46.12 Cr | Rs. 17.36 Cr | -62.36 % | -73.4 % |
EPS in Rs | Rs. 5.8 | Rs. 4.1 | Rs. 1.54 | -62.44 % | -73.45 % |
In reviewing Ugar Sugar Works Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -37.53 % year-on-year, however, there was a minor increase of 3.83 % from the previous quarter. Expenses decreased by -29.78 % compared to the previous year, with a 15.83 % increase quarter-on-quarter. Operating Profit dropped by -77.53 % annually, and saw a -61.12 % decrease from the last quarter.
Net Profit showed yearly decrease of -73.4 %, and experienced a -62.36 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -73.45 % annually, however dipped by -62.44 % compared to the last quarter. In essence, while Ugar Sugar Works 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.