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Highlights
- Sales over the Year and quarter: The company’s sales declined by -36.26 % over the year, decrease in net sales/revenue by -16.17 %.
- 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 22.34 %. Marginal decrease of -11.66% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for India Pesticides Limited. Profit dropped by -96.47 % Year to Year, India Pesticides Limited’s profitability dropped by -95.58 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -96.63 % Year to Year. EPS decreased by -95.69 % 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. 198.18 Cr | Rs. 150.68 Cr | Rs. 126.32 Cr | -16.17 % | -36.26 % |
Expenses | Rs. 156.06 Cr | Rs. 117.61 Cr | Rs. 122.49 Cr | + 4.15 % | -21.51 % |
Operating Profit | Rs. 42.12 Cr | Rs. 33.07 Cr | Rs. 3.83 Cr | -88.42 % | -90.91 % |
OPM % | 21.25 % | 21.95 % | 3.03 % | -18.92 % | -18.22 % |
Other Income | Rs. 2.91 Cr | Rs. 4.03 Cr | Rs. 3.56 Cr | -11.66 % | + 22.34 % |
Interest | Rs. 1.52 Cr | Rs. 0.74 Cr | Rs. 1.42 Cr | + 91.89 % | -6.58 % |
Depreciation | Rs. 3.05 Cr | Rs. 3.87 Cr | Rs. 3.96 Cr | + 2.33 % | + 29.84 % |
Profit before tax | Rs. 40.46 Cr | Rs. 32.49 Cr | Rs. 2.01 Cr | -93.81 % | -95.03 % |
Tax % | 25.85 % | 26.16 % | 47.26 % | + 21.1 % | + 21.41 % |
Net Profit | Rs. 30 Cr | Rs. 23.99 Cr | Rs. 1.06 Cr | -95.58 % | -96.47 % |
EPS in Rs | Rs. 2.67 | Rs. 2.09 | Rs. 0.09 | -95.69 % | -96.63 % |
Today, we’re looking at India Pesticides Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -36.26 %. However, it did see a marginal slip of -16.17 % from the previous quarter. Expenses ticked up slightly by 4.15 % quarter-on-quarter, aligning with the annual decline of -21.51 %. Operating profit, while down -90.91 % compared to last year, faced a quarter-on-quarter dip of -88.42 %, 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 -18.22 %, but a shrinkage of -18.92 % sequentially. Other income fell by -11.66 % compared to the last quarter, despite an annual growth of 22.34 %. Interest expenses surged remarkably by 91.89 % from the previous quarter, yet the year-over-year decrease remains at a moderate -6.58 %. Depreciation costs climbed by 2.33 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 29.84 %. Profit before tax declined annually by -95.03 % but saw a reduction from the preceding quarter by -93.81 %.
Tax expenses as a percentage of profits increased slightly by 21.41 % compared to last year, with a more notable quarter-on-quarter increase of 21.1 %. Net profit fell by -96.47 % year-on-year but witnessed a -95.58 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -96.63 % but a quarterly fall of -95.69 %. In summary, India Pesticides 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. 198.18 Cr | Rs. 150.68 Cr | Rs. 126.32 Cr | -16.17 % | -36.26 % |
Expenses | Rs. 156.06 Cr | Rs. 117.61 Cr | Rs. 122.49 Cr | + 4.15 % | -21.51 % |
Operating Profit | Rs. 42.12 Cr | Rs. 33.07 Cr | Rs. 3.83 Cr | -88.42 % | -90.91 % |
Net Profit | Rs. 30 Cr | Rs. 23.99 Cr | Rs. 1.06 Cr | -95.58 % | -96.47 % |
EPS in Rs | Rs. 2.67 | Rs. 2.09 | Rs. 0.09 | -95.69 % | -96.63 % |
In reviewing India Pesticides Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -36.26 % year-on-year, although there was a slight dip of -16.17 % from the previous quarter. Expenses decreased by -21.51 % compared to the previous year, with a 4.15 % increase quarter-on-quarter. Operating Profit dropped by -90.91 % annually, and saw a -88.42 % decrease from the last quarter.
Net Profit showed yearly decrease of -96.47 %, and experienced a -95.58 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -96.63 % annually, however dipped by -95.69 % compared to the last quarter. In essence, while India Pesticides Limited 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.