Share the post "NGL Fine Chem : Q4 2024 Financial Quarterly Report : YoY Sales Up 35.01 %, QoQ Up 13.43 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 35.01 % in the past year, substantial increase in net sales/revenue by 13.43 %.
- 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 74.88 %. Marginal increase in other income during this quarter, up by 0.27%.
- Profit over the Year and quarter: Significant improvement in profitability for NGL Fine Chem Ltd.. Notable increase of 32.17 % in net profit Year to Year, NGL Fine Chem Ltd.’s profitability increased by 22.83 % in this quarter.
- EPS over the Year and quarter: EPS increased by 32.21 % Year to Year. EPS increased by 22.84 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 73.892 Cr | Rs. 87.952 Cr | Rs. 99.761 Cr | + 13.43 % | + 35.01 % |
Expenses | Rs. 60.92 Cr | Rs. 74.08 Cr | Rs. 83.94 Cr | + 13.31 % | + 37.79 % |
Operating Profit | Rs. 12.97 Cr | Rs. 13.87 Cr | Rs. 15.82 Cr | + 14.06 % | + 21.97 % |
OPM % | 17.55 % | 15.77 % | 15.86 % | + 0.09 % | -1.69 % |
Other Income | Rs. 2.11 Cr | Rs. 3.68 Cr | Rs. 3.69 Cr | + 0.27 % | + 74.88 % |
Interest | Rs. 0.34 Cr | Rs. 0.28 Cr | Rs. 0.49 Cr | + 75 % | + 44.12 % |
Depreciation | Rs. 2.68 Cr | Rs. 2.94 Cr | Rs. 2.92 Cr | -0.68 % | + 8.96 % |
Profit before tax | Rs. 12.06 Cr | Rs. 14.33 Cr | Rs. 16.1 Cr | + 12.35 % | + 33.5 % |
Tax % | 22.65 % | 29.98 % | 23.42 % | -6.56 % | + 0.77 % |
Net Profit | Rs. 9.33 Cr | Rs. 10.03 Cr | Rs. 12.33 Cr | + 22.93 % | + 32.15 % |
EPS in Rs | Rs. 15.09 | Rs. 16.24 | Rs. 19.95 | + 22.84 % | + 32.21 % |
Today, we’re looking at NGL Fine Chem 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 35.01 %. However, it did see a marginal increase of 13.43 % from the previous quarter. Expenses ticked up slightly by 13.31 % quarter-on-quarter, aligning with the annual rise of 37.79 %. Operating profit, while up 21.97 % compared to last year, faced a quarter-on-quarter increase of 14.06 %, 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 -1.69 %, but an expansion of 0.09 % sequentially. Other income rose by 0.27 % compared to the last quarter, despite an annual growth of 74.88 %. Interest expenses surged remarkably by 75 % from the previous quarter, yet the year-over-year increase remains at a moderate 44.12 %. Depreciation costs fell by -0.68 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 8.96 %. Profit before tax grew annually by 33.5 % but saw an increase from the preceding quarter by 12.35 %.
Tax expenses as a percentage of profits increased slightly by 0.77 % compared to last year, with a more notable quarter-on-quarter decrease of -6.56 %. Net profit rose by 32.15 % year-on-year but experienced a 22.93 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 32.21 % but a quarterly rise of 22.84 %. In summary, NGL Fine Chem 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. 73.892 Cr | Rs. 87.952 Cr | Rs. 99.761 Cr | + 13.43 % | + 35.01 % |
Expenses | Rs. 60.92 Cr | Rs. 74.08 Cr | Rs. 83.94 Cr | + 13.31 % | + 37.79 % |
Operating Profit | Rs. 12.97 Cr | Rs. 13.87 Cr | Rs. 15.82 Cr | + 14.06 % | + 21.97 % |
Net Profit | Rs. 9.33 Cr | Rs. 10.03 Cr | Rs. 12.33 Cr | + 22.93 % | + 32.15 % |
EPS in Rs | Rs. 15.09 | Rs. 16.24 | Rs. 19.95 | + 22.84 % | + 32.21 % |
In reviewing NGL Fine Chem Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 35.01 % year-on-year growth, however, there was a minor increase of 13.43 % from the previous quarter. Expenses rose by 37.79 % compared to the previous year, with a 13.31 % increase quarter-on-quarter. Operating Profit surged by 21.97 % annually, and saw a 14.06 % increase from the last quarter.
Net Profit showed yearly increase of 32.15 %, and experienced a 22.93 % increase from the previous quarter. Earnings Per Share (EPS) rose by 32.21 % annually, however rose by 22.84 % compared to the last quarter. In essence, while NGL Fine Chem Ltd. 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.