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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 1.32 % in the past year, substantial increase in net sales/revenue by 7.27 %.
- 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 27.07 %. Marginal increase in other income during this quarter, up by 11.5%.
- Profit over the Year and quarter: Significant improvement in profitability for Ganesha Ecosphere Limited. Notable increase of 40.4 % in net profit Year to Year, Ganesha Ecosphere Limited’s profitability increased by 69.65 % in this quarter.
- EPS over the Year and quarter: EPS increased by 36.83 % Year to Year. EPS increased by 65.41 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 301.546 Cr | Rs. 284.826 Cr | Rs. 305.532 Cr | + 7.27 % | + 1.32 % |
Expenses | Rs. 267.83 Cr | Rs. 244.85 Cr | Rs. 258.47 Cr | + 5.56 % | -3.49 % |
Operating Profit | Rs. 33.72 Cr | Rs. 39.98 Cr | Rs. 47.06 Cr | + 17.71 % | + 39.56 % |
OPM % | 11.18 % | 14.04 % | 15.4 % | + 1.36 % | + 4.22 % |
Other Income | Rs. 3.51 Cr | Rs. 4 Cr | Rs. 4.46 Cr | + 11.5 % | + 27.07 % |
Interest | Rs. 6.61 Cr | Rs. 12.76 Cr | Rs. 9.12 Cr | -28.53 % | + 37.97 % |
Depreciation | Rs. 8.93 Cr | Rs. 12.23 Cr | Rs. 11.8 Cr | -3.52 % | + 32.14 % |
Profit before tax | Rs. 21.69 Cr | Rs. 18.99 Cr | Rs. 30.6 Cr | + 61.14 % | + 41.08 % |
Tax % | 29.07 % | 32.95 % | 29.42 % | -3.53 % | + 0.35 % |
Net Profit | Rs. 15.38 Cr | Rs. 12.73 Cr | Rs. 21.6 Cr | + 69.68 % | + 40.44 % |
EPS in Rs | Rs. 7.06 | Rs. 5.84 | Rs. 9.66 | + 65.41 % | + 36.83 % |
Today, we’re looking at Ganesha Ecosphere 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 1.32 %. However, it did see a marginal increase of 7.27 % from the previous quarter. Expenses ticked up slightly by 5.56 % quarter-on-quarter, aligning with the annual decline of -3.49 %. Operating profit, while up 39.56 % compared to last year, faced a quarter-on-quarter increase of 17.71 %, 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 4.22 %, but an expansion of 1.36 % sequentially. Other income rose by 11.5 % compared to the last quarter, despite an annual growth of 27.07 %. Interest expenses dropped significantly by -28.53 % from the previous quarter, yet the year-over-year increase remains at a moderate 37.97 %. Depreciation costs fell by -3.52 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 32.14 %. Profit before tax grew annually by 41.08 % but saw an increase from the preceding quarter by 61.14 %.
Tax expenses as a percentage of profits increased slightly by 0.35 % compared to last year, with a more notable quarter-on-quarter decrease of -3.53 %. Net profit rose by 40.44 % year-on-year but experienced a 69.68 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 36.83 % but a quarterly rise of 65.41 %. In summary, Ganesha Ecosphere 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. 301.546 Cr | Rs. 284.826 Cr | Rs. 305.532 Cr | + 7.27 % | + 1.32 % |
Expenses | Rs. 267.83 Cr | Rs. 244.85 Cr | Rs. 258.47 Cr | + 5.56 % | -3.49 % |
Operating Profit | Rs. 33.72 Cr | Rs. 39.98 Cr | Rs. 47.06 Cr | + 17.71 % | + 39.56 % |
Net Profit | Rs. 15.38 Cr | Rs. 12.73 Cr | Rs. 21.6 Cr | + 69.68 % | + 40.44 % |
EPS in Rs | Rs. 7.06 | Rs. 5.84 | Rs. 9.66 | + 65.41 % | + 36.83 % |
In reviewing Ganesha Ecosphere Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1.32 % year-on-year growth, however, there was a minor increase of 7.27 % from the previous quarter. Expenses decreased by -3.49 % compared to the previous year, with a 5.56 % increase quarter-on-quarter. Operating Profit surged by 39.56 % annually, and saw a 17.71 % increase from the last quarter.
Net Profit showed yearly increase of 40.44 %, and experienced a 69.68 % increase from the previous quarter. Earnings Per Share (EPS) rose by 36.83 % annually, however rose by 65.41 % compared to the last quarter. In essence, while Ganesha Ecosphere 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.