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Coromandel Agro Products & Oils : Q4 2024 Financial Quarterly Report : YoY Sales Up 16.4 %, QoQ Down 0.64 %

June 30, 2024June 30, 2024| adminadmin| 0 Comments| 9:50 pm
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 16.4 % in the past year, decrease in net sales/revenue by -0.64 %.
  • 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 138.46 %. Marginal increase in other income during this quarter, up by 400%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Coromandel Agro Products & Oils Ltd. Profit dropped by -403.02 % Year to Year, Coromandel Agro Products & Oils Ltd’s profitability increased by 23.22 % in this quarter.
  • EPS over the Year and quarter: EPS declined by -402.86 % Year to Year. EPS increased by 23.08 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Coromandel Agro Products & Oils Ltd”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 48.732 Cr Rs. 57.091 Cr Rs. 56.726 Cr -0.64 % + 16.4 %
Expenses Rs. 49.25 Cr Rs. 55.93 Cr Rs. 54.77 Cr -2.07 % + 11.21 %
Operating Profit Rs. -0.52 Cr Rs. 1.16 Cr Rs. 1.96 Cr + 68.97 % + 476.92 %
OPM % -1.07 % 2.03 % 3.46 % + 1.43 % + 4.53 %
Other Income Rs. -0.26 Cr Rs. 0.02 Cr Rs. 0.1 Cr + 400 % + 138.46 %
Interest Rs. 0.17 Cr Rs. 0.22 Cr Rs. 0.53 Cr + 140.91 % + 211.76 %
Depreciation Rs. 0.03 Cr Rs. 0.15 Cr Rs. 0.07 Cr -53.33 % + 133.33 %
Profit before tax Rs. -0.98 Cr Rs. 0.81 Cr Rs. 1.46 Cr + 80.25 % + 248.98 %
Tax % -49.62 % 0 % 31.58 % + 31.58 % + 81.2 %
Net Profit Rs. -0.33 Cr Rs. 0.81 Cr Rs. 1 Cr + 23.46 % + 403.03 %
EPS in Rs Rs. -4.19 Rs. 10.31 Rs. 12.69 + 23.08 % + 402.86 %


Today, we’re looking at Coromandel Agro Products & Oils 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 16.4 %. However, it did see a marginal slip of -0.64 % from the previous quarter. Expenses decreased slightly by -2.07 % quarter-on-quarter, aligning with the annual rise of 11.21 %. Operating profit, while up 476.92 % compared to last year, faced a quarter-on-quarter increase of 68.97 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 4.53 %, but an expansion of 1.43 % sequentially. Other income rose by 400 % compared to the last quarter, despite an annual growth of 138.46 %. Interest expenses surged remarkably by 140.91 % from the previous quarter, yet the year-over-year increase remains at a moderate 211.76 %. Depreciation costs fell by -53.33 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 133.33 %. Profit before tax grew annually by 248.98 % but saw an increase from the preceding quarter by 80.25 %.
Tax expenses as a percentage of profits increased slightly by 81.2 % compared to last year, with a more notable quarter-on-quarter increase of 31.58 %. Net profit rose by 403.03 % year-on-year but experienced a 23.46 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 402.86 % but a quarterly rise of 23.08 %. In summary, Coromandel Agro Products & Oils 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. 48.732 Cr Rs. 57.091 Cr Rs. 56.726 Cr -0.64 % + 16.4 %
Expenses Rs. 49.25 Cr Rs. 55.93 Cr Rs. 54.77 Cr -2.07 % + 11.21 %
Operating Profit Rs. -0.52 Cr Rs. 1.16 Cr Rs. 1.96 Cr + 68.97 % + 476.92 %
Net Profit Rs. -0.33 Cr Rs. 0.81 Cr Rs. 1 Cr + 23.46 % + 403.03 %
EPS in Rs Rs. -4.19 Rs. 10.31 Rs. 12.69 + 23.08 % + 402.86 %


In reviewing Coromandel Agro Products & Oils Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 16.4 % year-on-year growth, although there was a slight dip of -0.64 % from the previous quarter. Expenses rose by 11.21 % compared to the previous year, with a decrease of -2.07 % quarter-on-quarter. Operating Profit surged by 476.92 % annually, and saw a 68.97 % increase from the last quarter.
Net Profit showed yearly increase of 403.03 %, and experienced a 23.46 % increase from the previous quarter. Earnings Per Share (EPS) rose by 402.86 % annually, however rose by 23.08 % compared to the last quarter. In essence, while Coromandel Agro Products & Oils Ltd exhibits strong annual growth 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.

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