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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 5.39 % in the past year, substantial increase in net sales/revenue by 9.69 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -45.73 %, Marginal decrease of -65.51% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Greenply Industries Ltd. Notable increase of 26.3 % in net profit Year to Year, Greenply Industries Ltd’s profitability dropped by -47.09 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 25.66 % Year to Year. EPS decreased by -47.01 % 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. 607.733 Cr | Rs. 583.88 Cr | Rs. 640.478 Cr | + 9.69 % | + 5.39 % |
Expenses | Rs. 556.58 Cr | Rs. 530.52 Cr | Rs. 587.28 Cr | + 10.7 % | + 5.52 % |
Operating Profit | Rs. 51.15 Cr | Rs. 53.36 Cr | Rs. 53.2 Cr | -0.3 % | + 4.01 % |
OPM % | 8.42 % | 9.14 % | 8.31 % | -0.83 % | -0.11 % |
Other Income | Rs. 3.65 Cr | Rs. 5.744 Cr | Rs. 1.981 Cr | -65.51 % | -45.73 % |
Interest | Rs. 17.76 Cr | Rs. 10.41 Cr | Rs. 14.46 Cr | + 38.9 % | -18.58 % |
Depreciation | Rs. 16.17 Cr | Rs. 14.99 Cr | Rs. 15.08 Cr | + 0.6 % | -6.74 % |
Profit before tax | Rs. 20.87 Cr | Rs. 33.7 Cr | Rs. 25.64 Cr | -23.92 % | + 22.86 % |
Tax % | 33.17 % | 1.37 % | 26.87 % | + 25.5 % | -6.3 % |
Net Profit | Rs. 13.91 Cr | Rs. 33.2 Cr | Rs. 17.56 Cr | -47.11 % | + 26.24 % |
EPS in Rs | Rs. 1.12 | Rs. 2.66 | Rs. 1.41 | -46.99 % | + 25.89 % |
Today, we’re looking at Greenply Industries Ltd’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 5.39 %. However, it did see a marginal increase of 9.69 % from the previous quarter. Expenses ticked up slightly by 10.7 % quarter-on-quarter, aligning with the annual rise of 5.52 %. Operating profit, while up 4.01 % compared to last year, faced a quarter-on-quarter dip of -0.3 %, 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 -0.11 %, but a shrinkage of -0.83 % sequentially. Other income fell by -65.51 % compared to the last quarter, despite an annual decline of -45.73 %. Interest expenses surged remarkably by 38.9 % from the previous quarter, yet the year-over-year decrease remains at a moderate -18.58 %. Depreciation costs climbed by 0.6 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -6.74 %. Profit before tax grew annually by 22.86 % but saw a reduction from the preceding quarter by -23.92 %.
Tax expenses as a percentage of profits decreased slightly by -6.3 % compared to last year, with a more notable quarter-on-quarter increase of 25.5 %. Net profit rose by 26.24 % year-on-year but witnessed a -47.11 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 25.89 % but a quarterly fall of -46.99 %. In summary, Greenply Industries 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. 607.733 Cr | Rs. 583.88 Cr | Rs. 640.478 Cr | + 9.69 % | + 5.39 % |
Expenses | Rs. 556.58 Cr | Rs. 530.52 Cr | Rs. 587.28 Cr | + 10.7 % | + 5.52 % |
Operating Profit | Rs. 51.15 Cr | Rs. 53.36 Cr | Rs. 53.2 Cr | -0.3 % | + 4.01 % |
Net Profit | Rs. 13.91 Cr | Rs. 33.2 Cr | Rs. 17.56 Cr | -47.11 % | + 26.24 % |
EPS in Rs | Rs. 1.12 | Rs. 2.66 | Rs. 1.41 | -46.99 % | + 25.89 % |
In reviewing Greenply Industries Ltd’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 5.39 % year-on-year growth, however, there was a minor increase of 9.69 % from the previous quarter. Expenses rose by 5.52 % compared to the previous year, with a 10.7 % increase quarter-on-quarter. Operating Profit surged by 4.01 % annually, and saw a -0.3 % decrease from the last quarter.
Net Profit showed yearly increase of 26.24 %, and experienced a -47.11 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 25.89 % annually, however dipped by -46.99 % compared to the last quarter. In essence, while Greenply Industries 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.
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