Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 8.19 % in the past year, decrease in net sales/revenue by -0.89 %.
- Income over the Year and quarter:
- Profit over the Year and quarter: Significant improvement in profitability for Chordia Food Products Ltd. Notable increase of 651.85 % in net profit Year to Year, Chordia Food Products Ltd’s profitability increased by 3.05 % in this quarter.
- EPS over the Year and quarter: EPS increased by 614.29 % Year to Year. EPS increased by 2.04 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 0.72 Cr | Rs. 0.786 Cr | Rs. 0.779 Cr | -0.89 % | + 8.19 % |
| Expenses | Rs. 0.42 Cr | Rs. 0.33 Cr | Rs. 0.33 Cr | + 0 % | -21.43 % |
| Operating Profit | Rs. 0.3 Cr | Rs. 0.46 Cr | Rs. 0.45 Cr | -2.17 % | + 50 % |
| OPM % | 41.67 % | 58.52 % | 57.77 % | -0.75 % | + 16.1 % |
| Other Income | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Interest | Rs. 0.04 Cr | Rs. 0.01 Cr | Rs. 0.02 Cr | + 100 % | -50 % |
| Depreciation | Rs. 0.23 Cr | Rs. 0.2 Cr | Rs. 0.2 Cr | + 0 % | -13.04 % |
| Profit before tax | Rs. 0.03 Cr | Rs. 0.25 Cr | Rs. 0.23 Cr | -8 % | + 666.67 % |
| Tax % | 22.86 % | 19.34 % | 15.06 % | -4.28 % | -7.8 % |
| Net Profit | Rs. 0.03 Cr | Rs. 0.2 Cr | Rs. 0.2 Cr | + 0 % | + 566.67 % |
| EPS in Rs | Rs. 0.07 | Rs. 0.49 | Rs. 0.5 | + 2.04 % | + 614.29 % |
Today, we’re looking at Chordia Food Products 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 8.19 %. However, it did see a marginal slip of -0.89 % from the previous quarter. Expenses ticked up slightly by 0 % quarter-on-quarter, aligning with the annual decline of -21.43 %. Operating profit, while up 50 % compared to last year, faced a quarter-on-quarter dip of -2.17 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 16.1 %, but a shrinkage of -0.75 % sequentially. Interest expenses surged remarkably by 100 % from the previous quarter, yet the year-over-year decrease remains at a moderate -50 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -13.04 %. Profit before tax grew annually by 666.67 % but saw a reduction from the preceding quarter by -8 %.
Tax expenses as a percentage of profits decreased slightly by -7.8 % compared to last year, with a more notable quarter-on-quarter decrease of -4.28 %. Net profit rose by 566.67 % year-on-year but experienced a 0 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 614.29 % but a quarterly rise of 2.04 %. In summary, Chordia Food Products 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. 0.72 Cr | Rs. 0.786 Cr | Rs. 0.779 Cr | -0.89 % | + 8.19 % |
| Expenses | Rs. 0.42 Cr | Rs. 0.33 Cr | Rs. 0.33 Cr | + 0 % | -21.43 % |
| Operating Profit | Rs. 0.3 Cr | Rs. 0.46 Cr | Rs. 0.45 Cr | -2.17 % | + 50 % |
| Net Profit | Rs. 0.03 Cr | Rs. 0.2 Cr | Rs. 0.2 Cr | + 0 % | + 566.67 % |
| EPS in Rs | Rs. 0.07 | Rs. 0.49 | Rs. 0.5 | + 2.04 % | + 614.29 % |
In reviewing Chordia Food Products Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 8.19 % year-on-year growth, although there was a slight dip of -0.89 % from the previous quarter. Expenses decreased by -21.43 % compared to the previous year, with a 0 % increase quarter-on-quarter. Operating Profit surged by 50 % annually, and saw a -2.17 % decrease from the last quarter.
Net Profit showed yearly increase of 566.67 %, and experienced a 0 % increase from the previous quarter. Earnings Per Share (EPS) rose by 614.29 % annually, however rose by 2.04 % compared to the last quarter. In essence, while Chordia Food Products Ltd exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
