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Highlights
- Sales over the Year and quarter: The company’s sales declined by -0.79 % over the year, decrease in net sales/revenue by -8.66 %.
- 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 3.73 %. Marginal increase in other income during this quarter, up by 110.03%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Dhanuka Agritech Limited. Profit dropped by -9.63 % Year to Year, Dhanuka Agritech Limited’s profitability increased by 30.08 % in this quarter.
- EPS over the Year and quarter: EPS declined by -9.06 % Year to Year. EPS increased by 30.15 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 371.229 Cr | Rs. 403.244 Cr | Rs. 368.312 Cr | -8.66 % | -0.79 % |
Expenses | Rs. 293.35 Cr | Rs. 341.08 Cr | Rs. 288.22 Cr | -15.5 % | -1.75 % |
Operating Profit | Rs. 77.88 Cr | Rs. 62.16 Cr | Rs. 80.09 Cr | + 28.84 % | + 2.84 % |
OPM % | 20.98 % | 15.41 % | 21.75 % | + 6.34 % | + 0.77 % |
Other Income | Rs. 14.74 Cr | Rs. 7.28 Cr | Rs. 15.29 Cr | + 110.03 % | + 3.73 % |
Interest | Rs. 0.77 Cr | Rs. 0.74 Cr | Rs. 0.7 Cr | -5.41 % | -9.09 % |
Depreciation | Rs. 5.1 Cr | Rs. 12.88 Cr | Rs. 13.18 Cr | + 2.33 % | + 158.43 % |
Profit before tax | Rs. 86.75 Cr | Rs. 55.82 Cr | Rs. 81.5 Cr | + 46.01 % | -6.05 % |
Tax % | 24.72 % | 18.73 % | 27.58 % | + 8.85 % | + 2.86 % |
Net Profit | Rs. 65.3 Cr | Rs. 45.37 Cr | Rs. 59.02 Cr | + 30.09 % | -9.62 % |
EPS in Rs | Rs. 14.24 | Rs. 9.95 | Rs. 12.95 | + 30.15 % | -9.06 % |
Today, we’re looking at Dhanuka Agritech 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 -0.79 %. However, it did see a marginal slip of -8.66 % from the previous quarter. Expenses decreased slightly by -15.5 % quarter-on-quarter, aligning with the annual decline of -1.75 %. Operating profit, while up 2.84 % compared to last year, faced a quarter-on-quarter increase of 28.84 %, 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 0.77 %, but an expansion of 6.34 % sequentially. Other income rose by 110.03 % compared to the last quarter, despite an annual growth of 3.73 %. Interest expenses dropped significantly by -5.41 % from the previous quarter, yet the year-over-year decrease remains at a moderate -9.09 %. Depreciation costs climbed by 2.33 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 158.43 %. Profit before tax declined annually by -6.05 % but saw an increase from the preceding quarter by 46.01 %.
Tax expenses as a percentage of profits increased slightly by 2.86 % compared to last year, with a more notable quarter-on-quarter increase of 8.85 %. Net profit fell by -9.62 % year-on-year but experienced a 30.09 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -9.06 % but a quarterly rise of 30.15 %. In summary, Dhanuka Agritech 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. 371.229 Cr | Rs. 403.244 Cr | Rs. 368.312 Cr | -8.66 % | -0.79 % |
Expenses | Rs. 293.35 Cr | Rs. 341.08 Cr | Rs. 288.22 Cr | -15.5 % | -1.75 % |
Operating Profit | Rs. 77.88 Cr | Rs. 62.16 Cr | Rs. 80.09 Cr | + 28.84 % | + 2.84 % |
Net Profit | Rs. 65.3 Cr | Rs. 45.37 Cr | Rs. 59.02 Cr | + 30.09 % | -9.62 % |
EPS in Rs | Rs. 14.24 | Rs. 9.95 | Rs. 12.95 | + 30.15 % | -9.06 % |
In reviewing Dhanuka Agritech Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -0.79 % year-on-year, although there was a slight dip of -8.66 % from the previous quarter. Expenses decreased by -1.75 % compared to the previous year, with a decrease of -15.5 % quarter-on-quarter. Operating Profit surged by 2.84 % annually, and saw a 28.84 % increase from the last quarter.
Net Profit showed yearly decrease of -9.62 %, and experienced a 30.09 % increase from the previous quarter. Earnings Per Share (EPS) fell by -9.06 % annually, however rose by 30.15 % compared to the last quarter. In essence, while Dhanuka Agritech Limited 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.