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Sanginita Chemicals Q1 Results Reports ₹31.39 Lakhs Profit with Revenue at ₹5,694.77 Lakhs

Sanginita Chemicals Q1 Results show a 7.37% increase in revenue QoQ and a 153.87% improvement in profit before tax QoQ, highlighting a strong recovery according to the Sanginita Chemicals Q1 Results.

by P Nandhini

Updated Sep 06, 2024

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Sanginita Chemicals Q1 Results Reports ₹31.39 Lakhs Profit with Revenue at ₹5,694.77 Lakhs

Sanginita Chemicals Q1 Results: Sanginita Chemicals  released their Q1 results for the financial year 2024-2025 on 30 June 2024, showing a notable increase in their revenue. The company's revenue from operations rose to ₹5,694.77 lakhs, up by 7.37% quarter-over-quarter (QoQ) compared to ₹5,303.58 lakhs in Q4 of the previous fiscal year.

The total income also saw a rise of 7.35% QoQ, reaching ₹5,698.41 lakhs. Despite the revenue increase, Sanginita Chemicals maintained its focus on managing costs, with the cost of materials consumed rising by just 2.49% QoQ to ₹3,743.65 lakhs.

The company's Q1 results show a significant improvement in profitability. The profit before tax was ₹41.95 lakhs, a notable turnaround from a loss of ₹77.90 lakhs reported in the previous quarter, representing a positive change of 153.87% QoQ.

The profit for the period after tax amounted to ₹31.39 lakhs, reversing a year-over-year (YoY) loss of ₹58.42 lakhs in Q1 of the last fiscal year. Earnings per share (EPS) for continuing operations also improved to ₹0.12, compared to a negative ₹0.34 in the previous quarter, reflecting Sanginita Chemicals' strong recovery in Q1.

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Sanginita Chemicals Q1 Results 2024 - 2025

Sanginita Chemicals announced its Q1 results for the financial year 2024-2025, showcasing a strong performance with increased revenue and improved profitability. The company recorded a significant rise in both total income and profit before tax, indicating positive growth momentum.

Here is a summary of the key financial figures for Q1:

Particulars Q1 FY 2024-25 Q4 FY 2023-24 QoQ Change (%)
Revenue from Operations (₹ Lakhs) 5,694.77 5,303.58 7.37%
Other Income (₹ Lakhs) 3.64 4.44 -18.01%
Total Income (₹ Lakhs) 5,698.41 5,308.02 7.35%
Cost of Materials Consumed (₹ Lakhs) 3,743.65 3,652.70 2.49%
Purchase of Stock-in-Trade (₹ Lakhs) 1,769.15 1,555.38 13.74%
Employee Benefits Expense (₹ Lakhs) 28.14 36.42 -22.74%
Finance Costs (₹ Lakhs) 64.02 68.12 -6.01%
Depreciation and Amortisation (₹ Lakhs) 26.44 24.35 8.58%
Other Expenses (₹ Lakhs) 47.02 44.85 4.84%
Total Expenses (₹ Lakhs) 5,656.46 5,385.92 5.02%
Profit/(Loss) Before Tax (₹ Lakhs) 41.95 (77.90) 153.87%
Profit/(Loss) After Tax (₹ Lakhs) 31.39 (58.42) 153.74%
Earnings Per Share (Basic & Diluted) 0.12 (0.34) -

Source: Click Here

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Sanginita Chemicals Current Market Overview

Sanginita Chemicals is currently trading on the NSE at ₹16.4 per share, reflecting a recent increase of 1.79%. The company has a market capitalization of ₹42.6 crore, indicating its overall market value. Over the past year, the stock has ranged between a high of ₹36.7 and a low of ₹15.0, showing some volatility.

With a price-to-earnings ratio of 58.4, the stock is relatively expensive compared to its earnings, and it offers no dividend yield. The company's return on capital employed (ROCE) is 5.18%, and the return on equity (ROE) is 1.90%, suggesting modest returns on its investments.

Metric Value
Current Price ₹16.4
Market Capitalization ₹42.6 crore
52-Week High / Low ₹36.7 / ₹15.0
Stock P/E Ratio 58.4
Book Value ₹15.8
Dividend Yield 0.00%
Return on Capital Employed (ROCE) 5.18%
Return on Equity (ROE) 1.90%
Face Value ₹10.0
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Quarterly Results

Here are the most recent quarterly results for Sanginita Chemicals, covering December 2023, March 2024, and June 2024.

Metric Dec 2023 Mar 2024 Jun 2024
Sales (₹ Cr.) 29.16 53.04 56.95
Expenses (₹ Cr.) 27.94 52.94 55.67
Operating Profit (₹ Cr.) 1.22 0.10 1.28
Operating Profit Margin (OPM %) 4.18% 0.19% 2.25%
Other Income (₹ Cr.) 0.25 0.04 0.04
Interest (₹ Cr.) 0.66 0.68 0.64
Depreciation (₹ Cr.) 0.20 0.24 0.26
Profit Before Tax (₹ Cr.) 0.61 -0.78 0.42
Tax % 26.23% -24.36% 26.19%
Net Profit (₹ Cr.) 0.46 -0.58 0.31
EPS (₹) 0.18 -0.22 0.12
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About Sanginita Chemicals

 

Sanginita Chemicals is a leading manufacturer and exporter of inorganic specialty chemicals, established in 2005. The company specializes in producing copper-based chemicals like copper sulfate, cupric chloride, and cuprous chloride, which are used in various industries such as dyes, pigments, paint, pharmaceuticals, electroplating, metal extraction, and agriculture.

With two manufacturing units in Mumbai, Sanginita Chemicals exports its products to countries around the world, including Africa, Australia, Kenya, Germany, and France. The company is committed to its core values of safety, respect, integrity, and drive, aiming to maintain high standards in both its operations and workplace culture.

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Sanginita Chemicals Q1 Results - FAQs

1. What were Sanginita Chemicals' Q1 FY 2024-25 revenues?

The revenue from operations for Sanginita Chemicals in Q1 FY 2024-25 was ₹5,694.77 lakhs.

2. How much profit did Sanginita Chemicals make in Q1 FY 2024-25?

Sanginita Chemicals made a profit of ₹31.39 lakhs in Q1 FY 2024-25.

3. What was the total income of Sanginita Chemicals in Q1 FY 2024-25?

The total income of Sanginita Chemicals in Q1 FY 2024-25 was ₹5,698.41 lakhs.

4. How did Sanginita Chemicals manage its costs in Q1 FY 2024-25?

Sanginita Chemicals kept its cost of materials consumed relatively stable, rising only by 2.49% QoQ to ₹3,743.65 lakhs.

5. What was the Earnings Per Share (EPS) for Sanginita Chemicals in Q1 FY 2024-25?

The EPS for Sanginita Chemicals in Q1 FY 2024-25 was ₹0.12.

6. What was the profit before tax for Sanginita Chemicals in Q1 FY 2024-25?

The profit before tax for Sanginita Chemicals in Q1 FY 2024-25 was ₹41.95 lakhs.

7. How did Sanginita Chemicals' revenue change from Q4 FY 2023-24 to Q1 FY 2024-25?

Sanginita Chemicals' revenue increased by 7.37% from Q4 FY 2023-24 to Q1 FY 2024-25.

8. Did Sanginita Chemicals declare any dividends for Q1 FY 2024-25?

Sanginita Chemicals did not declare any dividends for Q1 FY 2024-25.

9. How did Sanginita Chemicals' depreciation expense change in Q1 FY 2024-25?

Depreciation expense for Sanginita Chemicals increased by 8.58% in Q1 FY 2024-25.

10. What was the face value of Sanginita Chemicals' shares?  

The face value of Sanginita Chemicals' shares is ₹10.00.

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