NIFTY 50 23344.75 ▲ (0.61%)
NIFTY NEXT 50 65106.15 ▲ (0.08%)
NIFTY 100 24048.8 ▲ (0.51%)
NIFTY MIDCAP 100 55106.2 ▲ (0.91%)
NIFTY SMALLCAP 100 17864.65 ▲ (1.09%)
NIFTY SMALLCAP 250 16841.4 ▲ (0.84%)
NIFTY MIDCAP SELECT 12356.5 ▲ (0.87%)
NIFTY TOTAL MARKET 12304.6 ▲ (0.6%)
NIFTY BANK 49350.8 ▲ (1.67%)
SENSEX 77073.44 ▲ (0.59%)
BSE BANKEX 56036.23 ▲ (2.03%)

Greenpanel Industries Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales decreased by 10.15 % in YoY and increased by 2.82 % in QoQ

May 2, 2024May 2, 2024| adminadmin| 0 Comments| 5:10 pm
Image is loading
Categories:

Share the post "Greenpanel Industries Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales decreased by 10.15 % in YoY and increased by 2.82 % in QoQ"

  • Facebook
  • LinkedIn
  • X
  • Tumblr
  • WhatsApp
  • TelegramTelegram
  • Email

Highlights

  • Sales over the Year and quarter: The company’s sales declined by -10.15 % over the year, substantial increase in net sales/revenue by 2.82 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -13.25 %, Marginal increase in other income during this quarter, up by 464.89%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Greenpanel Industries Limited. Profit dropped by -56.76 % Year to Year, Greenpanel Industries Limited’s profitability dropped by -13.9 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -56.76 % Year to Year. EPS decreased by -13.83 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Greenpanel Industries Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 441.411 Cr Rs. 385.736 Cr Rs. 396.6 Cr + 2.82 % -10.15 %
Expenses Rs. 365.18 Cr Rs. 325.45 Cr Rs. 345.29 Cr + 6.1 % -5.45 %
Operating Profit Rs. 76.23 Cr Rs. 60.29 Cr Rs. 51.31 Cr -14.89 % -32.69 %
OPM % 17.27 % 15.63 % 12.94 % -2.69 % -4.33 %
Other Income Rs. 8.53 Cr Rs. 1.31 Cr Rs. 7.4 Cr + 464.89 % -13.25 %
Interest Rs. 3.24 Cr Rs. 6.22 Cr Rs. 0.18 Cr -97.11 % -94.44 %
Depreciation Rs. 17.19 Cr Rs. 17.93 Cr Rs. 18.25 Cr + 1.78 % + 6.17 %
Profit before tax Rs. 64.33 Cr Rs. 37.45 Cr Rs. 40.28 Cr + 7.56 % -37.39 %
Tax % 7.15 % 7.57 % 25.99 % + 18.42 % + 18.84 %
Net Profit Rs. 68.93 Cr Rs. 34.62 Cr Rs. 29.81 Cr -13.89 % -56.75 %
EPS in Rs Rs. 5.62 Rs. 2.82 Rs. 2.43 -13.83 % -56.76 %


Today, we’re looking at Greenpanel Industries Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -10.15 %. However, it did see a marginal increase of 2.82 % from the previous quarter. Expenses ticked up slightly by 6.1 % quarter-on-quarter, aligning with the annual decline of -5.45 %. Operating profit, while down -32.69 % compared to last year, faced a quarter-on-quarter dip of -14.89 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -4.33 %, but a shrinkage of -2.69 % sequentially. Other income rose by 464.89 % compared to the last quarter, despite an annual decline of -13.25 %. Interest expenses dropped significantly by -97.11 % from the previous quarter, yet the year-over-year decrease remains at a moderate -94.44 %. Depreciation costs climbed by 1.78 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 6.17 %. Profit before tax declined annually by -37.39 % but saw an increase from the preceding quarter by 7.56 %.
Tax expenses as a percentage of profits increased slightly by 18.84 % compared to last year, with a more notable quarter-on-quarter increase of 18.42 %. Net profit fell by -56.75 % year-on-year but witnessed a -13.89 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -56.76 % but a quarterly fall of -13.83 %. In summary, Greenpanel Industries Limited’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. 441.411 Cr Rs. 385.736 Cr Rs. 396.6 Cr + 2.82 % -10.15 %
Expenses Rs. 365.18 Cr Rs. 325.45 Cr Rs. 345.29 Cr + 6.1 % -5.45 %
Operating Profit Rs. 76.23 Cr Rs. 60.29 Cr Rs. 51.31 Cr -14.89 % -32.69 %
Net Profit Rs. 68.93 Cr Rs. 34.62 Cr Rs. 29.81 Cr -13.89 % -56.75 %
EPS in Rs Rs. 5.62 Rs. 2.82 Rs. 2.43 -13.83 % -56.76 %


In reviewing Greenpanel Industries Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -10.15 % year-on-year, however, there was a minor increase of 2.82 % from the previous quarter. Expenses decreased by -5.45 % compared to the previous year, with a 6.1 % increase quarter-on-quarter. Operating Profit dropped by -32.69 % annually, and saw a -14.89 % decrease from the last quarter.
Net Profit showed yearly decrease of -56.75 %, and experienced a -13.89 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -56.76 % annually, however dipped by -13.83 % compared to the last quarter. In essence, while Greenpanel Industries Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.

[my_shortcode1 values=”Greenpanel Industries Limited”]

Related Post