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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 44.38 % in the past year, substantial increase in net sales/revenue by 25.76 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -85.34 %, Marginal decrease of -64.58% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for GRP Limited. Notable increase of 323.97 % in net profit Year to Year, GRP Limited’s profitability increased by 170.69 % in this quarter.
- EPS over the Year and quarter: EPS increased by 324.13 % Year to Year. EPS increased by 170.69 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 95.544 Cr | Rs. 109.688 Cr | Rs. 137.942 Cr | + 25.76 % | + 44.38 % |
Expenses | Rs. 89.71 Cr | Rs. 99.27 Cr | Rs. 115.23 Cr | + 16.08 % | + 28.45 % |
Operating Profit | Rs. 5.83 Cr | Rs. 10.42 Cr | Rs. 22.71 Cr | + 117.95 % | + 289.54 % |
OPM % | 6.1 % | 9.5 % | 16.46 % | + 6.96 % | + 10.36 % |
Other Income | Rs. 1.16 Cr | Rs. 0.48 Cr | Rs. 0.17 Cr | -64.58 % | -85.34 % |
Interest | Rs. 1.78 Cr | Rs. 1.91 Cr | Rs. 1.69 Cr | -11.52 % | -5.06 % |
Depreciation | Rs. 2.93 Cr | Rs. 3.28 Cr | Rs. 3.44 Cr | + 4.88 % | + 17.41 % |
Profit before tax | Rs. 2.28 Cr | Rs. 5.71 Cr | Rs. 17.75 Cr | + 210.86 % | + 678.51 % |
Tax % | 20.12 % | 24.5 % | 23.99 % | -0.51 % | + 3.87 % |
Net Profit | Rs. 2.75 Cr | Rs. 4.31 Cr | Rs. 11.67 Cr | + 170.77 % | + 324.36 % |
EPS in Rs | Rs. 20.64 | Rs. 32.34 | Rs. 87.54 | + 170.69 % | + 324.13 % |
Today, we’re looking at GRP Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 44.38 %. However, it did see a marginal increase of 25.76 % from the previous quarter. Expenses ticked up slightly by 16.08 % quarter-on-quarter, aligning with the annual rise of 28.45 %. Operating profit, while up 289.54 % compared to last year, faced a quarter-on-quarter increase of 117.95 %, 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 10.36 %, but an expansion of 6.96 % sequentially. Other income fell by -64.58 % compared to the last quarter, despite an annual decline of -85.34 %. Interest expenses dropped significantly by -11.52 % from the previous quarter, yet the year-over-year decrease remains at a moderate -5.06 %. Depreciation costs climbed by 4.88 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 17.41 %. Profit before tax grew annually by 678.51 % but saw an increase from the preceding quarter by 210.86 %.
Tax expenses as a percentage of profits increased slightly by 3.87 % compared to last year, with a more notable quarter-on-quarter decrease of -0.51 %. Net profit rose by 324.36 % year-on-year but experienced a 170.77 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 324.13 % but a quarterly rise of 170.69 %. In summary, GRP 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. 95.544 Cr | Rs. 109.688 Cr | Rs. 137.942 Cr | + 25.76 % | + 44.38 % |
Expenses | Rs. 89.71 Cr | Rs. 99.27 Cr | Rs. 115.23 Cr | + 16.08 % | + 28.45 % |
Operating Profit | Rs. 5.83 Cr | Rs. 10.42 Cr | Rs. 22.71 Cr | + 117.95 % | + 289.54 % |
Net Profit | Rs. 2.75 Cr | Rs. 4.31 Cr | Rs. 11.67 Cr | + 170.77 % | + 324.36 % |
EPS in Rs | Rs. 20.64 | Rs. 32.34 | Rs. 87.54 | + 170.69 % | + 324.13 % |
In reviewing GRP Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 44.38 % year-on-year growth, however, there was a minor increase of 25.76 % from the previous quarter. Expenses rose by 28.45 % compared to the previous year, with a 16.08 % increase quarter-on-quarter. Operating Profit surged by 289.54 % annually, and saw a 117.95 % increase from the last quarter.
Net Profit showed yearly increase of 324.36 %, and experienced a 170.77 % increase from the previous quarter. Earnings Per Share (EPS) rose by 324.13 % annually, however rose by 170.69 % compared to the last quarter. In essence, while GRP Limited exhibits strong annual growth 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.