Share the post "Chemiesynth (Vapi) Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales decreased by 8.09 % in YoY and increased by 38.29 % in QoQ"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -8.09 % over the year, substantial increase in net sales/revenue by 38.29 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is %, Marginal decrease of % in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Chemiesynth (Vapi) Limited. Profit dropped by -176.14 % Year to Year, Chemiesynth (Vapi) Limited’s profitability dropped by -61.71 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -176.74 % Year to Year. EPS decreased by -61.4 % 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. 4.845 Cr | Rs. 3.22 Cr | Rs. 4.453 Cr | + 38.29 % | -8.09 % |
Expenses | Rs. 3.89 Cr | Rs. 3.32 Cr | Rs. 4.1 Cr | + 23.49 % | + 5.4 % |
Operating Profit | Rs. 0.96 Cr | Rs. -0.1 Cr | Rs. 0.35 Cr | + 450 % | -63.54 % |
OPM % | 19.81 % | -3.11 % | 7.86 % | + 10.97 % | -11.95 % |
Other Income | Rs. -0 Cr | Rs. -0 Cr | Rs. 0.01 Cr | 0 % | 0 % |
Interest | Rs. 0.16 Cr | Rs. 0.11 Cr | Rs. 0.26 Cr | + 136.36 % | + 62.5 % |
Depreciation | Rs. 0.33 Cr | Rs. 0.32 Cr | Rs. 0.36 Cr | + 12.5 % | + 9.09 % |
Profit before tax | Rs. 0.47 Cr | Rs. -0.53 Cr | Rs. -0.26 Cr | + 50.94 % | -155.32 % |
Tax % | 43.71 % | -0 % | -23.86 % | -23.86 % | -67.57 % |
Net Profit | Rs. 0.26 Cr | Rs. -0.53 Cr | Rs. -0.2 Cr | + 62.26 % | -176.92 % |
EPS in Rs | Rs. 0.86 | Rs. -1.71 | Rs. -0.66 | + 61.4 % | -176.74 % |
Today, we’re looking at Chemiesynth (Vapi) 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 -8.09 %. However, it did see a marginal increase of 38.29 % from the previous quarter. Expenses ticked up slightly by 23.49 % quarter-on-quarter, aligning with the annual rise of 5.4 %. Operating profit, while down -63.54 % compared to last year, faced a quarter-on-quarter increase of 450 %, 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 -11.95 %, but an expansion of 10.97 % sequentially. Interest expenses surged remarkably by 136.36 % from the previous quarter, yet the year-over-year increase remains at a moderate 62.5 %. Depreciation costs climbed by 12.5 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 9.09 %. Profit before tax declined annually by -155.32 % but saw an increase from the preceding quarter by 50.94 %.
Tax expenses as a percentage of profits decreased slightly by -67.57 % compared to last year, with a more notable quarter-on-quarter decrease of -23.86 %. Net profit fell by -176.92 % year-on-year but experienced a 62.26 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -176.74 % but a quarterly rise of 61.4 %. In summary, Chemiesynth (Vapi) 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. 4.845 Cr | Rs. 3.22 Cr | Rs. 4.453 Cr | + 38.29 % | -8.09 % |
Expenses | Rs. 3.89 Cr | Rs. 3.32 Cr | Rs. 4.1 Cr | + 23.49 % | + 5.4 % |
Operating Profit | Rs. 0.96 Cr | Rs. -0.1 Cr | Rs. 0.35 Cr | + 450 % | -63.54 % |
Net Profit | Rs. 0.26 Cr | Rs. -0.53 Cr | Rs. -0.2 Cr | + 62.26 % | -176.92 % |
EPS in Rs | Rs. 0.86 | Rs. -1.71 | Rs. -0.66 | + 61.4 % | -176.74 % |
In reviewing Chemiesynth (Vapi) Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -8.09 % year-on-year, however, there was a minor increase of 38.29 % from the previous quarter. Expenses rose by 5.4 % compared to the previous year, with a 23.49 % increase quarter-on-quarter. Operating Profit dropped by -63.54 % annually, and saw a 450 % increase from the last quarter.
Net Profit showed yearly decrease of -176.92 %, and experienced a 62.26 % increase from the previous quarter. Earnings Per Share (EPS) fell by -176.74 % annually, however rose by 61.4 % compared to the last quarter. In essence, while Chemiesynth (Vapi) Limited faces strong annual decline 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.