Sanrhea Technical Textiles Q1 Results, Revenue Reaches ₹1,686.78 Lakh, Net Profit Stands at ₹95.51 Lakh

Sanrhea Technical Textiles Q1 Results 2024 - 2025: Sanrhea Technical Textiles announced their Q1 results on 30 June 2024, showing a year-over-year (YoY) revenue increase of 7.22%, rising from ₹1,572.79 lakh to ₹1,686.78 lakh.

However, when comparing quarter-over-quarter (QoQ), there was a decline of 17.76% from the previous quarter’s income. You might notice that while their overall income improved YoY, the QoQ drop indicates some challenges they faced recently.

In terms of expenses, Sanrhea reported a significant rise of 21.21% YoY, increasing from ₹1,285.80 lakh to ₹1,560.17 lakh. The QoQ change also shows an increase, with expenses rising 21.26% compared to the last quarter.

This led to a net profit of ₹95.51 lakh, down 56.31% YoY from ₹218.26 lakh and down 55.41% QoQ. You can see that while their revenue grew YoY, the challenges of managing costs contributed to a decline in profits for both YoY and QoQ.

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Sanrhea Technical Textiles Q1 Results 2024 - 2025

Here are the key figures from Sanrhea Technical Textiles' Q1 Results for 2024-2025. The table below summarizes the company's performance, highlighting revenue, expenses, and profit figures for better clarity.

Source: Click Here

Sanrhea Technical Textiles Current Market Overview

Sanrhea Technical Textiles is currently trading at ₹152 per share, with a market capitalization of ₹75.8 crore. The stock has a price-to-earnings (P/E) ratio of 13.6, which shows that it is reasonably valued compared to its earnings. Investors can expect a dividend yield of 0.99%, making it a potential choice for those looking for income.

The company's strong returns on capital and equity, at 29.8% and 27.2% respectively, suggest good financial health. Overall, the market outlook for Sanrhea appears stable, with potential for growth as it continues to operate in the technical textiles sector.

Quarterly Results

Here are the quarterly results for Sanrhea Technical Textiles specifically for December 2023, March 2024, and June 2024.

About Sanrhea Technical Textiles 

Sanrhea Technical Textiles is a well-established company based in Gujarat, India, known for manufacturing high-quality industrial and technical fabrics. Founded in 1983, the company specializes in producing RFL-dipped fabrics used in tires, conveyor belts, and various rubber products.

With a monthly production capacity of around 180 tons, Sanrhea serves major industries, including automotive and manufacturing. The company is ISO 9001:14001 certified, ensuring that its products meet international quality and environmental standards.

Over the years, Sanrhea has built a strong reputation and exports its products to several countries, making it one of India's leading players in the technical textiles market.

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