Highlights
- Sales over the Year and quarter: The company’s sales declined by -8.38 % over the year, substantial increase in net sales/revenue by 18.31 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -59.2 %, Marginal decrease of -0.24% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Chemplast Sanmar Limited. Profit dropped by -167.56 % Year to Year, Chemplast Sanmar Limited’s profitability dropped by -65.17 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -167.70 % Year to Year. EPS decreased by -65.13 % 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. 1146.83 Cr | Rs. 888.1 Cr | Rs. 1050.72 Cr | + 18.31 % | -8.38 % |
Expenses | Rs. 1049.41 Cr | Rs. 894.67 Cr | Rs. 1029.74 Cr | + 15.1 % | -1.87 % |
Operating Profit | Rs. 97.42 Cr | Rs. -6.57 Cr | Rs. 20.98 Cr | + 419.33 % | -78.46 % |
OPM % | 8.49 % | -0.74 % | 2 % | + 2.74 % | -6.49 % |
Other Income | Rs. 30.93 Cr | Rs. 12.65 Cr | Rs. 12.62 Cr | -0.24 % | -59.2 % |
Interest | Rs. 38.4 Cr | Rs. 46.81 Cr | Rs. 50.95 Cr | + 8.84 % | + 32.68 % |
Depreciation | Rs. 33.46 Cr | Rs. 37.61 Cr | Rs. 45.97 Cr | + 22.23 % | + 37.39 % |
Profit before tax | Rs. 56.49 Cr | Rs. -78.34 Cr | Rs. -63.32 Cr | + 19.17 % | -212.09 % |
Tax % | 18.43 % | -14.09 % | -50.84 % | -36.75 % | -69.27 % |
Net Profit | Rs. 46.08 Cr | Rs. -89.38 Cr | Rs. -31.13 Cr | + 65.17 % | -167.56 % |
EPS in Rs | Rs. 2.91 | Rs. -5.65 | Rs. -1.97 | + 65.13 % | -167.7 % |
Today, we’re looking at Chemplast Sanmar 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 -8.38 %. However, it did see a marginal increase of 18.31 % from the previous quarter. Expenses ticked up slightly by 15.1 % quarter-on-quarter, aligning with the annual decline of -1.87 %. Operating profit, while down -78.46 % compared to last year, faced a quarter-on-quarter increase of 419.33 %, 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 -6.49 %, but an expansion of 2.74 % sequentially. Other income fell by -0.24 % compared to the last quarter, despite an annual decline of -59.2 %. Interest expenses surged remarkably by 8.84 % from the previous quarter, yet the year-over-year increase remains at a moderate 32.68 %. Depreciation costs climbed by 22.23 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 37.39 %. Profit before tax declined annually by -212.09 % but saw an increase from the preceding quarter by 19.17 %.
Tax expenses as a percentage of profits decreased slightly by -69.27 % compared to last year, with a more notable quarter-on-quarter decrease of -36.75 %. Net profit fell by -167.56 % year-on-year but experienced a 65.17 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -167.7 % but a quarterly rise of 65.13 %. In summary, Chemplast Sanmar 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. 1146.83 Cr | Rs. 888.1 Cr | Rs. 1050.72 Cr | + 18.31 % | -8.38 % |
Expenses | Rs. 1049.41 Cr | Rs. 894.67 Cr | Rs. 1029.74 Cr | + 15.1 % | -1.87 % |
Operating Profit | Rs. 97.42 Cr | Rs. -6.57 Cr | Rs. 20.98 Cr | + 419.33 % | -78.46 % |
Net Profit | Rs. 46.08 Cr | Rs. -89.38 Cr | Rs. -31.13 Cr | + 65.17 % | -167.56 % |
EPS in Rs | Rs. 2.91 | Rs. -5.65 | Rs. -1.97 | + 65.13 % | -167.7 % |
In reviewing Chemplast Sanmar Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -8.38 % year-on-year, however, there was a minor increase of 18.31 % from the previous quarter. Expenses decreased by -1.87 % compared to the previous year, with a 15.1 % increase quarter-on-quarter. Operating Profit dropped by -78.46 % annually, and saw a 419.33 % increase from the last quarter.
Net Profit showed yearly decrease of -167.56 %, and experienced a 65.17 % increase from the previous quarter. Earnings Per Share (EPS) fell by -167.7 % annually, however rose by 65.13 % compared to the last quarter. In essence, while Chemplast Sanmar 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.