Share the post "KG Petrochem : Q4 2024 Financial Quarterly Report : YoY Sales Up 30.55 %, QoQ Up 49.91 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 30.55 % in the past year, substantial increase in net sales/revenue by 49.91 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -19.77 %, Marginal increase in other income during this quarter, up by 32.71%.
- Profit over the Year and quarter: Challenges in sustaining profitability for KG Petrochem Ltd.. Profit dropped by -126.25 % Year to Year, KG Petrochem Ltd.’s profitability dropped by -61.18 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -126.26 % Year to Year. EPS decreased by -61.16 % in previous quarter. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 80.617 Cr | Rs. 70.208 Cr | Rs. 105.247 Cr | + 49.91 % | + 30.55 % |
| Expenses | Rs. 81.61 Cr | Rs. 63.73 Cr | Rs. 98.73 Cr | + 54.92 % | + 20.98 % |
| Operating Profit | Rs. -0.99 Cr | Rs. 6.48 Cr | Rs. 6.52 Cr | + 0.62 % | + 758.59 % |
| OPM % | -1.23 % | 9.23 % | 6.19 % | -3.04 % | + 7.42 % |
| Other Income | Rs. 1.77 Cr | Rs. 1.07 Cr | Rs. 1.42 Cr | + 32.71 % | -19.77 % |
| Interest | Rs. 2.84 Cr | Rs. 1.58 Cr | Rs. 3.03 Cr | + 91.77 % | + 6.69 % |
| Depreciation | Rs. 2.82 Cr | Rs. 3.12 Cr | Rs. 3.18 Cr | + 1.92 % | + 12.77 % |
| Profit before tax | Rs. -4.88 Cr | Rs. 2.85 Cr | Rs. 1.73 Cr | -39.3 % | + 135.45 % |
| Tax % | -31.9 % | 20.97 % | 49.86 % | + 28.89 % | + 81.76 % |
| Net Profit | Rs. -3.32 Cr | Rs. 2.25 Cr | Rs. 0.87 Cr | -61.33 % | + 126.2 % |
| EPS in Rs | Rs. -6.36 | Rs. 4.3 | Rs. 1.67 | -61.16 % | + 126.26 % |
Today, we’re looking at KG Petrochem Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 30.55 %. However, it did see a marginal increase of 49.91 % from the previous quarter. Expenses ticked up slightly by 54.92 % quarter-on-quarter, aligning with the annual rise of 20.98 %. Operating profit, while up 758.59 % compared to last year, faced a quarter-on-quarter increase of 0.62 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 7.42 %, but a shrinkage of -3.04 % sequentially. Other income rose by 32.71 % compared to the last quarter, despite an annual decline of -19.77 %. Interest expenses surged remarkably by 91.77 % from the previous quarter, yet the year-over-year increase remains at a moderate 6.69 %. Depreciation costs climbed by 1.92 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 12.77 %. Profit before tax grew annually by 135.45 % but saw a reduction from the preceding quarter by -39.3 %.
Tax expenses as a percentage of profits increased slightly by 81.76 % compared to last year, with a more notable quarter-on-quarter increase of 28.89 %. Net profit rose by 126.2 % year-on-year but witnessed a -61.33 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 126.26 % but a quarterly fall of -61.16 %. In summary, KG Petrochem Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 80.617 Cr | Rs. 70.208 Cr | Rs. 105.247 Cr | + 49.91 % | + 30.55 % |
| Expenses | Rs. 81.61 Cr | Rs. 63.73 Cr | Rs. 98.73 Cr | + 54.92 % | + 20.98 % |
| Operating Profit | Rs. -0.99 Cr | Rs. 6.48 Cr | Rs. 6.52 Cr | + 0.62 % | + 758.59 % |
| Net Profit | Rs. -3.32 Cr | Rs. 2.25 Cr | Rs. 0.87 Cr | -61.33 % | + 126.2 % |
| EPS in Rs | Rs. -6.36 | Rs. 4.3 | Rs. 1.67 | -61.16 % | + 126.26 % |
In reviewing KG Petrochem Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 30.55 % year-on-year growth, however, there was a minor increase of 49.91 % from the previous quarter. Expenses rose by 20.98 % compared to the previous year, with a 54.92 % increase quarter-on-quarter. Operating Profit surged by 758.59 % annually, and saw a 0.62 % increase from the last quarter.
Net Profit showed yearly increase of 126.2 %, and experienced a -61.33 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 126.26 % annually, however dipped by -61.16 % compared to the last quarter. In essence, while KG Petrochem Ltd. exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
