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- Sharda Motor Industries Q1 Results Revenue Declines to ₹70,505.82 Lakh and PAT Falls to ₹7,682.78 Lakh
Sharda Motor Industries Q1 Results Revenue Declines to ₹70,505.82 Lakh and PAT Falls to ₹7,682.78 Lakh
Sharda Motor Industries Q1 Results saw a 3.7% QoQ drop in total income to ₹70,505.82 lakh and a 12.2% QoQ decrease in profit before tax to ₹10,244.80 lakh, with EPS remaining unchanged at ₹25.90.
by P Nandhini
Updated Sep 06, 2024
Table of Content
Sharda Motor Industries Q1 Results 2024 - 2025: Sharda Motor Industries announced their Q1 results on August 2, 2024, showcasing a mixed performance compared to the previous quarter. The company reported a total revenue of ₹70,505.82 lakh, marking a decrease of 3.7% QOQ from ₹73,230.57 lakh.
Their total expenses also fell slightly by 2.4% QOQ, totaling ₹60,312.13 lakh. Despite the lower revenue, Sharda Motor Industries managed to maintain a strong profit before tax, with a result of ₹10,244.80 lakh, which is a 12.2% decrease compared to the previous quarter’s ₹11,675.23 lakh.
In terms of profit after tax, Sharda Motor Industries saw a decline of 13.0% QOQ, with earnings of ₹7,682.78 lakh compared to ₹8,829.75 lakh in the previous quarter. The company’s earnings per share (EPS) remained stable at ₹25.90, showing no change from the last quarter.
Overall, the Q1 results reflect a slight drop in revenue and profit, but Sharda Motor Industries continues to demonstrate resilience in its financial performance amidst a challenging market environment.
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Sharda Motor Industries Q1 Results 2024 - 2025
Sharda Motor Industries released its financial results for the first quarter of 2024 - 2025 on August 2, 2024. The results reveal some notable changes in revenue, expenses, and profits compared to the previous quarter. Below is a summary of the key figures from the Q1 results:
Particulars | Q1 FY 2024-25 | Q4 FY 2023-24 | Change (QOQ) |
---|---|---|---|
Revenue from Operations | ₹68,543.17 lakh | ₹70,339.39 lakh | -2.5% |
Other Income | ₹1,962.65 lakh | ₹2,891.18 lakh | -32.0% |
Total Income | ₹70,505.82 lakh | ₹73,230.57 lakh | -3.7% |
Cost of Raw Materials Consumed | ₹49,068.05 lakh | ₹50,606.74 lakh | -3.0% |
Total Expenses | ₹60,312.13 lakh | ₹61,812.61 lakh | -2.4% |
Profit Before Tax | ₹10,244.80 lakh | ₹11,675.23 lakh | -12.2% |
Profit After Tax | ₹7,682.78 lakh | ₹8,829.75 lakh | -13.0% |
Earnings Per Share (EPS) | ₹25.90 | ₹25.90 | 0.0% |
Depreciation and Amortization | ₹1,286.60 lakh | ₹1,395.34 lakh | -7.8% |
Finance Cost | ₹48.35 lakh | ₹20.13 lakh | +140.4% |
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Sharda Motor Industries Current Market Overview
Sharda Motor Industries is currently trading at ₹2,657 per share, with a market capitalization of ₹7,899 crore. The stock has seen a high of ₹2,956 and a low of ₹865 recently. It has a Price-to-Earnings (P/E) ratio of 24.6 and a book value of ₹338.
The company offers a dividend yield of 0.66%, and its financial performance is strong, with a Return on Capital Employed (ROCE) of 44.3% and a Return on Equity (ROE) of 34.0%. The face value of the stock is ₹2.00. For the latest updates, you can visit their website or check their listings on BSE and NSE.
Metric | Value |
---|---|
Current Price | ₹2,657 |
Market Cap | ₹7,899 Cr. |
High / Low | ₹2,956 / ₹865 |
Stock P/E | 24.6 |
Book Value | ₹338 |
Dividend Yield | 0.66% |
ROCE | 44.3% |
ROE | 34.0% |
Face Value | ₹2.00 |
Website | shardamotor.com |
BSE Code | 535602 |
NSE Code | SHARDAMOTR |
Quarterly Results
Here is a summary of Sharda Motor Industries' quarterly results for the most recent periods:
Metric | Dec 2023 | Mar 2024 | Jun 2024 |
---|---|---|---|
Sales (₹ Cr.) | 689 | 703 | 685 |
Expenses (₹ Cr.) | 595 | 604 | 590 |
Operating Profit (₹ Cr.) | 94 | 99 | 96 |
Operating Profit Margin (OPM) | 14% | 14% | 14% |
Other Income (₹ Cr.) | 23 | 31 | 20 |
Interest (₹ Cr.) | 1 | 0 | 0 |
Depreciation (₹ Cr.) | 14 | 14 | 13 |
Profit Before Tax (₹ Cr.) | 102 | 117 | 102 |
Tax % | 26% | 24% | 25% |
Net Profit (₹ Cr.) | 76 | 88 | 77 |
EPS (₹) | 25.55 | 29.70 | 25.84 |
About Sharda Motor Industries
Sharda Motor Industries is a prominent company specializing in manufacturing a wide range of automotive components and accessories. Their product lineup includes exhaust systems, catalytic converters, independent suspensions, seat frames, seat covers for both two-wheelers and four-wheelers, soft top canopies, and pressed parts for white goods.
Known for its commitment to quality and innovation, Sharda Motor Industries operates with state-of-the-art facilities and focuses on meeting customer needs efficiently. The company places a strong emphasis on continuous improvement and development, ensuring that it stays at the forefront of the automotive industry.
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Sharda Motor Industries Q1 Results - FAQs
1. What is Sharda Motor Industries' total revenue for Q1 FY 2024-25?
Sharda Motor Industries reported a total revenue of ₹70,505.82 lakh.
2. How much did Sharda Motor Industries' revenue decrease by in Q1 FY 2024-25?
Sharda Motor Industries' revenue decreased by 3.7% compared to the previous quarter.
3. What were Sharda Motor Industries' total expenses for Q1 FY 2024-25?
Sharda Motor Industries' total expenses were ₹60,312.13 lakh.
4. How did Sharda Motor Industries' expenses change from the previous quarter?
Sharda Motor Industries' expenses fell by 2.4% compared to the previous quarter.
5. What is Sharda Motor Industries' profit before tax for Q1 FY 2024-25?
Sharda Motor Industries reported a profit before tax of ₹10,244.80 lakh.
6. What was the percentage decrease in profit before tax for Sharda Motor Industries?
Sharda Motor Industries' profit before tax decreased by 12.2% compared to the previous quarter.
7. How much did Sharda Motor Industries' profit after tax decline in Q1 FY 2024-25?
Sharda Motor Industries' profit after tax declined by 13.0% compared to the previous quarter.
8. What is Sharda Motor Industries' profit after tax for Q1 FY 2024-25?
Sharda Motor Industries' profit after tax was ₹7,682.78 lakh.
9. What was the cost of raw materials consumed by Sharda Motor Industries in Q1 FY 2024-25?
Sharda Motor Industries' cost of raw materials consumed was ₹49,068.05 lakh.