Share the post "GODAWARI POWER AND ISPAT : Q4 2024 Financial Quarterly Report : YoY Sales Up 16.19 %, QoQ Up 16.88 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 16.19 % in the past year, substantial increase in net sales/revenue by 16.88 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 45.38 %. Marginal increase in other income during this quarter, up by 148.57%.
- Profit over the Year and quarter: Significant improvement in profitability for GODAWARI POWER AND ISPAT LTD.. Notable increase of 29.08 % in net profit Year to Year, GODAWARI POWER AND ISPAT LTD.’s profitability dropped by -4.5 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 34.66 % Year to Year. EPS decreased by -4.24 % 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. 1316.59 Cr | Rs. 1308.92 Cr | Rs. 1529.81 Cr | + 16.88 % | + 16.19 % |
| Expenses | Rs. 1048.58 Cr | Rs. 978.01 Cr | Rs. 1200.87 Cr | + 22.79 % | + 14.52 % |
| Operating Profit | Rs. 268.01 Cr | Rs. 330.91 Cr | Rs. 328.94 Cr | -0.6 % | + 22.73 % |
| OPM % | 20.36 % | 25.28 % | 21.5 % | -3.78 % | + 1.14 % |
| Other Income | Rs. 28.69 Cr | Rs. 16.78 Cr | Rs. 41.71 Cr | + 148.57 % | + 45.38 % |
| Interest | Rs. 6.44 Cr | Rs. 15.76 Cr | Rs. 23.74 Cr | + 50.63 % | + 268.63 % |
| Depreciation | Rs. 32.24 Cr | Rs. 35.49 Cr | Rs. 36.72 Cr | + 3.47 % | + 13.9 % |
| Profit before tax | Rs. 258.02 Cr | Rs. 296.44 Cr | Rs. 310.19 Cr | + 4.64 % | + 20.22 % |
| Tax % | 30.69 % | 22.77 % | 29.52 % | + 6.75 % | -1.17 % |
| Net Profit | Rs. 169.54 Cr | Rs. 229.16 Cr | Rs. 218.85 Cr | -4.5 % | + 29.08 % |
| EPS in Rs | Rs. 13.07 | Rs. 18.38 | Rs. 17.47 | -4.95 % | + 33.66 % |
Today, we’re looking at GODAWARI POWER AND ISPAT 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 16.19 %. However, it did see a marginal increase of 16.88 % from the previous quarter. Expenses ticked up slightly by 22.79 % quarter-on-quarter, aligning with the annual rise of 14.52 %. Operating profit, while up 22.73 % compared to last year, faced a quarter-on-quarter dip of -0.6 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 1.14 %, but a shrinkage of -3.78 % sequentially. Other income rose by 148.57 % compared to the last quarter, despite an annual growth of 45.38 %. Interest expenses surged remarkably by 50.63 % from the previous quarter, yet the year-over-year increase remains at a moderate 268.63 %. Depreciation costs climbed by 3.47 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 13.9 %. Profit before tax grew annually by 20.22 % but saw an increase from the preceding quarter by 4.64 %.
Tax expenses as a percentage of profits decreased slightly by -1.17 % compared to last year, with a more notable quarter-on-quarter increase of 6.75 %. Net profit rose by 29.08 % year-on-year but witnessed a -4.5 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 33.66 % but a quarterly fall of -4.95 %. In summary, GODAWARI POWER AND ISPAT 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. 1316.59 Cr | Rs. 1308.92 Cr | Rs. 1529.81 Cr | + 16.88 % | + 16.19 % |
| Expenses | Rs. 1048.58 Cr | Rs. 978.01 Cr | Rs. 1200.87 Cr | + 22.79 % | + 14.52 % |
| Operating Profit | Rs. 268.01 Cr | Rs. 330.91 Cr | Rs. 328.94 Cr | -0.6 % | + 22.73 % |
| Net Profit | Rs. 169.54 Cr | Rs. 229.16 Cr | Rs. 218.85 Cr | -4.5 % | + 29.08 % |
| EPS in Rs | Rs. 13.07 | Rs. 18.38 | Rs. 17.47 | -4.95 % | + 33.66 % |
In reviewing GODAWARI POWER AND ISPAT LTD.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 16.19 % year-on-year growth, however, there was a minor increase of 16.88 % from the previous quarter. Expenses rose by 14.52 % compared to the previous year, with a 22.79 % increase quarter-on-quarter. Operating Profit surged by 22.73 % annually, and saw a -0.6 % decrease from the last quarter.
Net Profit showed yearly increase of 29.08 %, and experienced a -4.5 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 33.66 % annually, however dipped by -4.95 % compared to the last quarter. In essence, while GODAWARI POWER AND ISPAT 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.
