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Highlights
- Sales over the Year and quarter: The company’s sales declined by -26.77 % over the year, substantial increase in net sales/revenue by 3.89 %.
- 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 182.26 %. Marginal increase in other income during this quarter, up by 176.44%.
- Profit over the Year and quarter: Significant improvement in profitability for Deepak Fertilizers &Petrochemicals. Notable increase of 47.04 % in net profit Year to Year, Deepak Fertilizers &Petrochemicals’s profitability increased by 163.89 % in this quarter.
- EPS over the Year and quarter: EPS increased by 47.11 % Year to Year. EPS increased by 164.09 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 604.64 Cr | Rs. 426.18 Cr | Rs. 442.76 Cr | + 3.89 % | -26.77 % |
Expenses | Rs. 503.37 Cr | Rs. 374.71 Cr | Rs. 357.63 Cr | -4.56 % | -28.95 % |
Operating Profit | Rs. 101.27 Cr | Rs. 51.47 Cr | Rs. 85.13 Cr | + 65.4 % | -15.94 % |
OPM % | 16.75 % | 12.08 % | 19.23 % | + 7.15 % | + 2.48 % |
Other Income | Rs. 31.34 Cr | Rs. 32 Cr | Rs. 88.46 Cr | + 176.44 % | + 182.26 % |
Interest | Rs. 11.12 Cr | Rs. 8.41 Cr | Rs. 7.72 Cr | -8.2 % | -30.58 % |
Depreciation | Rs. 17.35 Cr | Rs. 18.55 Cr | Rs. 28.26 Cr | + 52.35 % | + 62.88 % |
Profit before tax | Rs. 104.14 Cr | Rs. 56.51 Cr | Rs. 137.61 Cr | + 143.51 % | + 32.14 % |
Tax % | 26.64 % | 24.67 % | 18.36 % | -6.31 % | -8.28 % |
Net Profit | Rs. 76.4 Cr | Rs. 42.57 Cr | Rs. 112.34 Cr | + 163.89 % | + 47.04 % |
EPS in Rs | Rs. 6.05 | Rs. 3.37 | Rs. 8.9 | + 164.09 % | + 47.11 % |
Today, we’re looking at Deepak Fertilizers &Petrochemicals’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -26.77 %. However, it did see a marginal increase of 3.89 % from the previous quarter. Expenses decreased slightly by -4.56 % quarter-on-quarter, aligning with the annual decline of -28.95 %. Operating profit, while down -15.94 % compared to last year, faced a quarter-on-quarter increase of 65.4 %, 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 2.48 %, but an expansion of 7.15 % sequentially. Other income rose by 176.44 % compared to the last quarter, despite an annual growth of 182.26 %. Interest expenses dropped significantly by -8.2 % from the previous quarter, yet the year-over-year decrease remains at a moderate -30.58 %. Depreciation costs climbed by 52.35 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 62.88 %. Profit before tax grew annually by 32.14 % but saw an increase from the preceding quarter by 143.51 %.
Tax expenses as a percentage of profits decreased slightly by -8.28 % compared to last year, with a more notable quarter-on-quarter decrease of -6.31 %. Net profit rose by 47.04 % year-on-year but experienced a 163.89 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 47.11 % but a quarterly rise of 164.09 %. In summary, Deepak Fertilizers &Petrochemicals’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. 604.64 Cr | Rs. 426.18 Cr | Rs. 442.76 Cr | + 3.89 % | -26.77 % |
Expenses | Rs. 503.37 Cr | Rs. 374.71 Cr | Rs. 357.63 Cr | -4.56 % | -28.95 % |
Operating Profit | Rs. 101.27 Cr | Rs. 51.47 Cr | Rs. 85.13 Cr | + 65.4 % | -15.94 % |
Net Profit | Rs. 76.4 Cr | Rs. 42.57 Cr | Rs. 112.34 Cr | + 163.89 % | + 47.04 % |
EPS in Rs | Rs. 6.05 | Rs. 3.37 | Rs. 8.9 | + 164.09 % | + 47.11 % |
In reviewing Deepak Fertilizers &Petrochemicals’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -26.77 % year-on-year, however, there was a minor increase of 3.89 % from the previous quarter. Expenses decreased by -28.95 % compared to the previous year, with a decrease of -4.56 % quarter-on-quarter. Operating Profit dropped by -15.94 % annually, and saw a 65.4 % increase from the last quarter.
Net Profit showed yearly increase of 47.04 %, and experienced a 163.89 % increase from the previous quarter. Earnings Per Share (EPS) rose by 47.11 % annually, however rose by 164.09 % compared to the last quarter. In essence, while Deepak Fertilizers &Petrochemicals 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.