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Shreeoswal Seeds and Chemicals Q1 Results ₹5,052.61 Lakh Revenue & ₹190.83 Lakh Net Profit (Standalone)

Shreeoswal Seeds and Chemicals Q1 Results Reported standalone revenue of ₹5,052.61 lahks and a net profit of ₹190.83 lahks in Q1 2024 and Consolidated results showed a revenue of ₹7,694.99 lahks but a net loss of ₹271.55 lahks.   

by Ruksana

Updated Aug 19, 2024

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Shreeoswal Seeds and Chemicals Q1 Results ₹5,052.61 Lakh Revenue & ₹190.83 Lakh Net Profit (Standalone)

Shreeoswal Seeds and Chemicals Q1 Results Summary 

Shree Oswal Seeds and Chemicals reported mixed results for the first quarter of the fiscal year ending June 30, 2024. Their revenue from operations was ₹5,052.61 lakh for the standalone segment, which is a decrease from the previous quarter. In the consolidated results, revenue was ₹7,694.99 lakh, also showing a decline compared to earlier periods. The total income, which includes other income sources, was ₹5,096.01 lakh for the standalone results and ₹7,695.62 lakh for the consolidated results.

Shree Oswal Seeds and Chemicals’ total expenses for the quarter were ₹4,778.02 lakh on a standalone basis and ₹8,054.95 lakh on a consolidated basis. This indicates an increase in expenses, particularly notable in the consolidated results. Despite these higher expenses, the standalone profit before tax was ₹317.99 lakh, whereas the consolidated profit before tax was negative at ₹(359.33) lakh, indicating a loss.

Shree Oswal Seeds and Chemicals’ net profit for the standalone segment was ₹190.83 lakh, whereas the consolidated results showed a net loss of ₹(271.55) lakh. Earnings per share for the standalone results were ₹0.25, while for the consolidated results, it was ₹0.22. The company’s paid-up equity share capital remained steady at ₹1,524.50 lakh for standalone and ₹1,829.40 lahks for consolidated results. Overall, while the standalone operations showed some profitability, the consolidated results indicate financial challenges.

Source: Here 

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Shreeoswal Seeds and Chemicals Q1 Results 2024-2025 

Shreeoswal Seeds and Chemicals’ revenue from operations for the quarter ending June 30, 2024, was ₹5,052.61 lakh in standalone operations and ₹7,694.99 lakh in consolidated operations. This represents a decrease from the previous quarter's revenue.

Here's a summary in table format:

Particulars

Standalone

Consolidated

Revenue from Operations

₹5,052.61 lakh

₹7,694.99 lakh

Other Income

₹43.40 lakh

₹0.63 lakh

Total Income

₹5,096.01 lakh

₹7,695.62 lakh

Total Expenses

₹4,778.02 lakh

₹8,054.95 lakh

Profit Before Tax

₹317.99 lakh

(₹359.33 lakh)

Net Profit for the Period

₹190.83 lakh

(₹271.55 lakh)

Earnings per Share (EPS)

₹0.25

₹0.22

Paid-Up Equity Share Capital

₹1,524.50 lakh

₹1,829.40 lakh

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Shreeoswal Seeds and Chemicals Stock Performance 

Shreeoswal Seeds and Chemicals has a market capitalization of ₹234 crore, meaning the total value of its shares is ₹234 crore. The current stock price is ₹25.6, with the highest price in the last year being ₹61.2 and the lowest ₹23.2. The company’s book value, which is the value of its assets minus liabilities, is ₹4.39 per share. 

Here's the information in table format:

Metric

Value

Market Cap

₹234 Cr.

Current Price

₹25.6

High / Low

₹61.2 / ₹23.2

Stock P/E

Not Provided

Book Value

₹4.39

Dividend Yield

0.00%

ROCE

0.62%

ROE

-9.84%

Face Value

₹2.00

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Quarterly Results 

The table for Shreeoswal Seeds and Chemicals shows their financial performance over three periods: December 2023, March 2024, and June 2024. Sales dropped significantly in March 2024 but increased again in June. Expenses were high and also increased over time.

Here's a summary of the financial metrics provided for the periods ending December 2023, March 2024, and June 2024:

Metric

Dec 2023

Mar 2024

Jun 2024

Sales

76.74

43.42

76.95

Expenses

77.92

48.05

78.98

Operating Profit

-1.18

-4.63

-2.03

OPM (%)

-1.54%

-10.66%

-2.64%

Other Income

0.00

0.09

0.01

Interest

1.54

1.57

1.45

Depreciation

0.17

0.08

0.13

Profit Before Tax

-2.89

-6.19

-3.60

Tax (%)

14.88%

-43.30%

-24.44%

Net Profit

-3.32

-3.51

-2.72

EPS (Rs.)

-0.36

-0.38

-0.30

About Shreeoswal Seeds and Chemicals

ShreeOswal Seeds and Chemicals is a well-known company that specializes in producing and supplying high-quality seeds and agricultural products. The company is committed to providing its customers with the best products possible, focusing on purity and consistency. To ensure this, ShreeOswal Seeds uses a modern quality control system that includes advanced testing tools and machines. This helps the company maintain the highest standards of quality, so customers can trust that they are getting the best products every time.

Shreeoswal Seeds and Chemicals offers a wide range of seed products that are rich in essential nutrients like calcium, roughage, and carbohydrates, making them valuable for both agricultural and health purposes. ShreeOswal Seeds and Chemicals serves a global market, including pharmaceutical companies and multinational corporations. The company has quickly become a leader in the seed industry due to its focus on customer satisfaction and its state-of-the-art infrastructure, which includes the latest machines and equipment.

Shreeoswal Seeds and Chemicals Seeds has a large, well-organized warehouse that allows them to store products according to industry standards, ensuring that all goods are well-preserved and ready for delivery. The company is dedicated to producing, exporting, and supplying high-quality agricultural products to meet the needs of its diverse clientele


Shreeoswal Seeds and Chemicals Q1 Results - FAQs

1. How did Shreeoswal Seeds and Chemicals' standalone revenue perform in Q1 2024?  

Shreeoswal Seeds and Chemicals reported standalone revenue of ₹5,052.61 lakh in Q1 2024.

2. What was Shreeoswal Seeds and Chemicals' consolidated net profit in Q1 2024?

Shreeoswal Seeds and Chemicals recorded a consolidated net loss of ₹271.55 lakh in Q1 2024.

3. What was the total income for Shreeoswal Seeds and Chemicals' consolidated results in Q1 2024?

Shreeoswal Seeds and Chemicals' consolidated total income in Q1 2024 was ₹7,695.62 lakh.

4. Did Shreeoswal Seeds and Chemicals' expenses increase in Q1 2024?

Yes, Shreeoswal Seeds and Chemicals saw an increase in total expenses to ₹8,054.95 lakh in Q1 2024 for consolidated results.

5. What was Shreeoswal Seeds and Chemicals' profit before tax in standalone results for Q1 2024?

Shreeoswal Seeds and Chemicals reported a profit before tax of ₹317.99 lakh in Q1 2024 for standalone results.

6. What was the paid-up equity share capital for Shreeoswal Seeds and Chemicals' standalone results in Q1 2024?  

Shreeoswal Seeds and Chemicals' paid-up equity share capital for standalone results was ₹1,524.50 lakh in Q1 2024.

7. How did Shreeoswal Seeds and Chemicals' consolidated revenue from operations compare to its standalone revenue in Q1 2024?  

Shreeoswal Seeds and Chemicals' consolidated revenue from operations was ₹7,694.99 lakh, higher than the standalone revenue of ₹5,052.61 lakh in Q1 2024.

8. What was Shreeoswal Seeds and Chemicals' book value per share as of Q1 2024?  

Shreeoswal Seeds and Chemicals' book value per share was ₹4.39 as of Q1 2024.

9. How did Shreeoswal Seeds and Chemicals' operating profit trend in Q1 2024 compared to the previous quarter?  

Shreeoswal Seeds and Chemicals' operating profit remained negative but showed slight improvement, reaching ₹-2.03 lakh in Q1 2024.

10. What was Shreeoswal Seeds and Chemicals' interest expense in Q1 2024?  

Shreeoswal Seeds and Chemicals' interest expense was ₹1.45 lakh in Q1 2024.

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