Sarbottam Cement Q3 Report: Slight Expenses Dip Led 32.30% Increase in Net Profit Margin, Revenue from Operations Soars by 25.16%
Tue, May 7, 2024 10:07 AM on Financial Analysis, Company Analysis, Latest,
Sarbottam Cement Limited (SARBTM) has recently disclosed its third-quarter financial report for the fiscal year 2080/81, revealing a significant surge in net profitability by 32.30%. The company reported a noteworthy net profit of Rs. 12.07 Crore, marking a substantial increase from the Rs. 9.12 Crores profit recorded in the corresponding quarter of the previous year.
Revenue from Operations has seen a commendable rise, soaring by 25.16 percent to reach Rs. 4.55 Arba. Simultaneously, other income has experienced a staggering surge, escalating by 740.05% to attain Rs. 3.08 Crores. Additionally, the company has effectively managed its administrative expenses, with a notable decline of 3.01 percent, totaling Rs. 6.65 Crores.
In terms of financial indicators, SARBTM's annualized Earnings per Share (EPS) stands at Rs. 3.46. Moreover, the Net Worth per Share is reported at Rs. 212.73.
The company maintains a substantial paid-up capital of Rs. 4.65 Arba, along with Rs. 4.90 Arba in other equity. Furthermore, SARBTM possesses Rs. 33.68 Crores in other revaluation reserves. Notably, SARBTM has augmented its investments, reaching Rs. 55.6 Crores.
Major Financial Highlights:
* Figures are of Immediate Previous Year Quarter Ending
| Particulars (Rs in 000) | Sarbottam Cement | ||
|---|---|---|---|
| Q3 2080/81 | Q3 2079/80 | Difference | |
| Paid Up Capital | 4,650,000 | 4,050,000* | 14.81% |
| Share Premium | - | - | - |
| Other Equity | 4,904,966 | 2,996,719* | 63.68% |
| Revaluation Reserve | 336,854 | - | - |
| Property, Plant and Equipment | 8,156,402 | 7,527,155* | 8.36% |
| Investment | 556,037 | 256,037* | 117.17% |
| Trade Receivables | 1,921,697 | 1,745,934* | 10.07% |
| Revenue from Operation | 4,559,100 | 3,642,647 | 25.16% |
| Other Income | 30,834 | 3,671 | 740.05% |
| Cost of Sales | 3,942,990 | 3,013,610 | 30.84% |
| Administrative Expenses | 66,553 | 68,621 | -3.01% |
| Net Profit | 120,770 | 91,287 | 32.30% |
| Annualized EPS (In Rs.) | 3.46 | 3.01 | 15.23% |
| Net Worth per Share (In Rs.) | 212.73 | 173.99 | 22.26% |
| Qte End Price | 847 | - | - |
