Share the post "Chemplast Sanmar : Q4 2024 Financial Quarterly Report : YoY Sales Down 8.38 %, QoQ Up 18.31 %"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -8.38 % over the year, substantial increase in net sales/revenue by 18.31 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -59.2 %, Marginal decrease of -0.24% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Chemplast Sanmar Limited. Profit dropped by -167.56 % Year to Year, Chemplast Sanmar Limited’s profitability dropped by -65.17 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -167.70 % Year to Year. EPS decreased by -65.13 % 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. 1146.83 Cr | Rs. 888.1 Cr | Rs. 1050.72 Cr | + 18.31 % | -8.38 % |
| Expenses | Rs. 1049.41 Cr | Rs. 894.67 Cr | Rs. 1029.74 Cr | + 15.1 % | -1.87 % |
| Operating Profit | Rs. 97.42 Cr | Rs. -6.57 Cr | Rs. 20.98 Cr | + 419.33 % | -78.46 % |
| OPM % | 8.49 % | -0.74 % | 2 % | + 2.74 % | -6.49 % |
| Other Income | Rs. 30.93 Cr | Rs. 12.65 Cr | Rs. 12.62 Cr | -0.24 % | -59.2 % |
| Interest | Rs. 38.4 Cr | Rs. 46.81 Cr | Rs. 50.95 Cr | + 8.84 % | + 32.68 % |
| Depreciation | Rs. 33.46 Cr | Rs. 37.61 Cr | Rs. 45.97 Cr | + 22.23 % | + 37.39 % |
| Profit before tax | Rs. 56.49 Cr | Rs. -78.34 Cr | Rs. -63.32 Cr | + 19.17 % | -212.09 % |
| Tax % | 18.43 % | -14.09 % | -50.84 % | -36.75 % | -69.27 % |
| Net Profit | Rs. 46.08 Cr | Rs. -89.38 Cr | Rs. -31.13 Cr | + 65.17 % | -167.56 % |
| EPS in Rs | Rs. 2.91 | Rs. -5.65 | Rs. -1.97 | + 65.13 % | -167.7 % |
Today, we’re looking at Chemplast Sanmar 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 -8.38 %. However, it did see a marginal increase of 18.31 % from the previous quarter. Expenses ticked up slightly by 15.1 % quarter-on-quarter, aligning with the annual decline of -1.87 %. Operating profit, while down -78.46 % compared to last year, faced a quarter-on-quarter increase of 419.33 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -6.49 %, but an expansion of 2.74 % sequentially. Other income fell by -0.24 % compared to the last quarter, despite an annual decline of -59.2 %. Interest expenses surged remarkably by 8.84 % from the previous quarter, yet the year-over-year increase remains at a moderate 32.68 %. Depreciation costs climbed by 22.23 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 37.39 %. Profit before tax declined annually by -212.09 % but saw an increase from the preceding quarter by 19.17 %.
Tax expenses as a percentage of profits decreased slightly by -69.27 % compared to last year, with a more notable quarter-on-quarter decrease of -36.75 %. Net profit fell by -167.56 % year-on-year but experienced a 65.17 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -167.7 % but a quarterly rise of 65.13 %. In summary, Chemplast Sanmar 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. 1146.83 Cr | Rs. 888.1 Cr | Rs. 1050.72 Cr | + 18.31 % | -8.38 % |
| Expenses | Rs. 1049.41 Cr | Rs. 894.67 Cr | Rs. 1029.74 Cr | + 15.1 % | -1.87 % |
| Operating Profit | Rs. 97.42 Cr | Rs. -6.57 Cr | Rs. 20.98 Cr | + 419.33 % | -78.46 % |
| Net Profit | Rs. 46.08 Cr | Rs. -89.38 Cr | Rs. -31.13 Cr | + 65.17 % | -167.56 % |
| EPS in Rs | Rs. 2.91 | Rs. -5.65 | Rs. -1.97 | + 65.13 % | -167.7 % |
In reviewing Chemplast Sanmar Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -8.38 % year-on-year, however, there was a minor increase of 18.31 % from the previous quarter. Expenses decreased by -1.87 % compared to the previous year, with a 15.1 % increase quarter-on-quarter. Operating Profit dropped by -78.46 % annually, and saw a 419.33 % increase from the last quarter.
Net Profit showed yearly decrease of -167.56 %, and experienced a 65.17 % increase from the previous quarter. Earnings Per Share (EPS) fell by -167.7 % annually, however rose by 65.13 % compared to the last quarter. In essence, while Chemplast Sanmar Limited faces strong annual decline indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
0
3-Year Profit
0
5-Year Profit
0
10-Year Profit
517
Current Price
8,171
Market Cap
In analyzing the financial results for the company marked by BSE code 543336, a clear trend emerges. Over a five-year span, the company reported a profit of 0 percents, which increased to 0 percents in the most recent three-year period, suggesting a strong performance in the early stages of this timeframe. However, this success has been overshadowed by a trailing twelve-month (TTM) loss of -200 percents, signaling significant recent challenges. Compounding this issue is the fact that the company has not reported any sales during any of the timeframes analyzed, raising important questions about its operational model and the sustainability of its current strategies. Investors have been equally wary, as reflected in the stock price performance. The company’s stock traded at 0 percents over the past five years but has recently decreased to 1 percents, indicating a loss of market confidence. Over the last decade, the stock price was at 0 percents, pointing to longer-term concerns that could affect the company's future prospects.
With a market capitalization of ₹8,171 crore, the company’s stock is currently trading at ₹517, having fluctuated within a range of ₹634 / 403 over the years. The stock's P/E ratio of reflects a relatively high valuation compared to its earnings, which could suggest strong future growth expectations or heightened investor demand. The company’s book value is ₹108, representing the total value of its assets on a per-share basis, while the dividend yield of 0.00% offers a modest return to shareholders. ROCE, at -2.06%, highlights the company's efficient use of capital in generating profits, while ROE at -9.92% underscores its ability to generate returns for shareholders. The debt-to-equity ratio of 0.91 is very low, indicating conservative financial management and minimal reliance on borrowed funds. Despite this, the company shows a negative net cash flow of ₹-387 crore, which could point to cash management challenges or recent heavy investments. The Piotroski score of 1.00 suggests moderate financial strength, while the Graham Number, pegged at ₹, offers a rough estimate of the stock's intrinsic value. The Price-to-Book (P/B) ratio of 4.80 signals that the stock is trading at a premium, which might reflect investor confidence in the company's growth trajectory.
