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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 12.3 % in the past year, decrease in net sales/revenue by -4.66 %.
- 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 27.33 %. Marginal increase in other income during this quarter, up by 26.49%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Chemfab Alkalis Ltd. Profit dropped by -64.57 % Year to Year, Chemfab Alkalis Ltd’s profitability dropped by -23.9 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -64.72 % Year to Year. EPS decreased by -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. 73.296 Cr | Rs. 86.33 Cr | Rs. 82.308 Cr | -4.66 % | + 12.3 % |
Expenses | Rs. 48.77 Cr | Rs. 71.13 Cr | Rs. 69.98 Cr | -1.62 % | + 43.49 % |
Operating Profit | Rs. 24.53 Cr | Rs. 15.2 Cr | Rs. 12.33 Cr | -18.88 % | -49.74 % |
OPM % | 33.47 % | 17.61 % | 14.98 % | -2.63 % | -18.49 % |
Other Income | Rs. 1.5 Cr | Rs. 1.51 Cr | Rs. 1.91 Cr | + 26.49 % | + 27.33 % |
Interest | Rs. 0.04 Cr | Rs. 0.43 Cr | Rs. 0.41 Cr | -4.65 % | + 925 % |
Depreciation | Rs. 5.47 Cr | Rs. 5.45 Cr | Rs. 5.86 Cr | + 7.52 % | + 7.13 % |
Profit before tax | Rs. 20.52 Cr | Rs. 10.83 Cr | Rs. 7.97 Cr | -26.41 % | -61.16 % |
Tax % | 25.64 % | 34.39 % | 32.06 % | -2.33 % | + 6.42 % |
Net Profit | Rs. 15.26 Cr | Rs. 7.11 Cr | Rs. 5.41 Cr | -23.91 % | -64.55 % |
EPS in Rs | Rs. 10.66 | Rs. 4.95 | Rs. 3.76 | -24.04 % | -64.73 % |
Today, we’re looking at Chemfab Alkalis 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 12.3 %. However, it did see a marginal slip of -4.66 % from the previous quarter. Expenses decreased slightly by -1.62 % quarter-on-quarter, aligning with the annual rise of 43.49 %. Operating profit, while down -49.74 % compared to last year, faced a quarter-on-quarter dip of -18.88 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -18.49 %, but a shrinkage of -2.63 % sequentially. Other income rose by 26.49 % compared to the last quarter, despite an annual growth of 27.33 %. Interest expenses dropped significantly by -4.65 % from the previous quarter, yet the year-over-year increase remains at a moderate 925 %. Depreciation costs climbed by 7.52 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 7.13 %. Profit before tax declined annually by -61.16 % but saw a reduction from the preceding quarter by -26.41 %.
Tax expenses as a percentage of profits increased slightly by 6.42 % compared to last year, with a more notable quarter-on-quarter decrease of -2.33 %. Net profit fell by -64.55 % year-on-year but witnessed a -23.91 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -64.73 % but a quarterly fall of -24.04 %. In summary, Chemfab Alkalis 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. 73.296 Cr | Rs. 86.33 Cr | Rs. 82.308 Cr | -4.66 % | + 12.3 % |
Expenses | Rs. 48.77 Cr | Rs. 71.13 Cr | Rs. 69.98 Cr | -1.62 % | + 43.49 % |
Operating Profit | Rs. 24.53 Cr | Rs. 15.2 Cr | Rs. 12.33 Cr | -18.88 % | -49.74 % |
Net Profit | Rs. 15.26 Cr | Rs. 7.11 Cr | Rs. 5.41 Cr | -23.91 % | -64.55 % |
EPS in Rs | Rs. 10.66 | Rs. 4.95 | Rs. 3.76 | -24.04 % | -64.73 % |
In reviewing Chemfab Alkalis Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 12.3 % year-on-year growth, although there was a slight dip of -4.66 % from the previous quarter. Expenses rose by 43.49 % compared to the previous year, with a decrease of -1.62 % quarter-on-quarter. Operating Profit dropped by -49.74 % annually, and saw a -18.88 % decrease from the last quarter.
Net Profit showed yearly decrease of -64.55 %, and experienced a -23.91 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -64.73 % annually, however dipped by -24.04 % compared to the last quarter. In essence, while Chemfab Alkalis Ltd faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.