Share the post "Uttam Sugar Mills Ltd’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales decreased by 11.81 % in YoY and decreased by 10.16 % in QoQ"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -11.81 % over the year, decrease in net sales/revenue by -10.16 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -9.63 %, Marginal increase in other income during this quarter, up by 7.02%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Uttam Sugar Mills Ltd. Profit dropped by -39.8 % Year to Year, Uttam Sugar Mills Ltd’s profitability dropped by -3.06 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -39.78 % Year to Year. EPS decreased by -3.07 % 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. 527.42 Cr | Rs. 517.74 Cr | Rs. 465.15 Cr | -10.16 % | -11.81 % |
| Expenses | Rs. 415.71 Cr | Rs. 443.8 Cr | Rs. 382.66 Cr | -13.78 % | -7.95 % |
| Operating Profit | Rs. 111.71 Cr | Rs. 73.94 Cr | Rs. 82.49 Cr | + 11.56 % | -26.16 % |
| OPM % | 21.18 % | 14.28 % | 17.73 % | + 3.45 % | -3.45 % |
| Other Income | Rs. 2.7 Cr | Rs. 2.28 Cr | Rs. 2.44 Cr | + 7.02 % | -9.63 % |
| Interest | Rs. 11.95 Cr | Rs. 7.55 Cr | Rs. 16.76 Cr | + 121.99 % | + 40.25 % |
| Depreciation | Rs. 9.16 Cr | Rs. 10.06 Cr | Rs. 10.85 Cr | + 7.85 % | + 18.45 % |
| Profit before tax | Rs. 93.3 Cr | Rs. 58.61 Cr | Rs. 57.32 Cr | -2.2 % | -38.56 % |
| Tax % | 24.97 % | 25.83 % | 26.48 % | + 0.65 % | + 1.51 % |
| Net Profit | Rs. 70 Cr | Rs. 43.47 Cr | Rs. 42.14 Cr | -3.06 % | -39.8 % |
| EPS in Rs | Rs. 18.35 | Rs. 11.4 | Rs. 11.05 | -3.07 % | -39.78 % |
Today, we’re looking at Uttam Sugar Mills 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 -11.81 %. However, it did see a marginal slip of -10.16 % from the previous quarter. Expenses decreased slightly by -13.78 % quarter-on-quarter, aligning with the annual decline of -7.95 %. Operating profit, while down -26.16 % compared to last year, faced a quarter-on-quarter increase of 11.56 %, 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 -3.45 %, but an expansion of 3.45 % sequentially. Other income rose by 7.02 % compared to the last quarter, despite an annual decline of -9.63 %. Interest expenses surged remarkably by 121.99 % from the previous quarter, yet the year-over-year increase remains at a moderate 40.25 %. Depreciation costs climbed by 7.85 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 18.45 %. Profit before tax declined annually by -38.56 % but saw a reduction from the preceding quarter by -2.2 %.
Tax expenses as a percentage of profits increased slightly by 1.51 % compared to last year, with a more notable quarter-on-quarter increase of 0.65 %. Net profit fell by -39.8 % year-on-year but witnessed a -3.06 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -39.78 % but a quarterly fall of -3.07 %. In summary, Uttam Sugar Mills 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. 527.42 Cr | Rs. 517.74 Cr | Rs. 465.15 Cr | -10.16 % | -11.81 % |
| Expenses | Rs. 415.71 Cr | Rs. 443.8 Cr | Rs. 382.66 Cr | -13.78 % | -7.95 % |
| Operating Profit | Rs. 111.71 Cr | Rs. 73.94 Cr | Rs. 82.49 Cr | + 11.56 % | -26.16 % |
| Net Profit | Rs. 70 Cr | Rs. 43.47 Cr | Rs. 42.14 Cr | -3.06 % | -39.8 % |
| EPS in Rs | Rs. 18.35 | Rs. 11.4 | Rs. 11.05 | -3.07 % | -39.78 % |
In reviewing Uttam Sugar Mills Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -11.81 % year-on-year, although there was a slight dip of -10.16 % from the previous quarter. Expenses decreased by -7.95 % compared to the previous year, with a decrease of -13.78 % quarter-on-quarter. Operating Profit dropped by -26.16 % annually, and saw a 11.56 % increase from the last quarter.
Net Profit showed yearly decrease of -39.8 %, and experienced a -3.06 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -39.78 % annually, however dipped by -3.07 % compared to the last quarter. In essence, while Uttam Sugar Mills 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.
