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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 5.7 % in the past year, substantial increase in net sales/revenue by 8.4 %.
- 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 64.71 %. Marginal increase in other income during this quarter, up by 16.67%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Fairchem Organics Limited. Profit dropped by -0.83 % Year to Year, Fairchem Organics Limited’s profitability dropped by -4.62 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -0.88 % Year to Year. EPS decreased by -4.65 % 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. 151.901 Cr | Rs. 148.118 Cr | Rs. 160.558 Cr | + 8.4 % | + 5.7 % |
Expenses | Rs. 132.66 Cr | Rs. 128.36 Cr | Rs. 141.8 Cr | + 10.47 % | + 6.89 % |
Operating Profit | Rs. 19.24 Cr | Rs. 19.76 Cr | Rs. 18.76 Cr | -5.06 % | -2.49 % |
OPM % | 12.67 % | 13.34 % | 11.68 % | -1.66 % | -0.99 % |
Other Income | Rs. 0.17 Cr | Rs. 0.24 Cr | Rs. 0.28 Cr | + 16.67 % | + 64.71 % |
Interest | Rs. 1.32 Cr | Rs. 0.97 Cr | Rs. 0.62 Cr | -36.08 % | -53.03 % |
Depreciation | Rs. 2.13 Cr | Rs. 2.4 Cr | Rs. 2.55 Cr | + 6.25 % | + 19.72 % |
Profit before tax | Rs. 15.96 Cr | Rs. 16.63 Cr | Rs. 15.87 Cr | -4.57 % | -0.56 % |
Tax % | 25.67 % | 25.86 % | 25.91 % | + 0.05 % | + 0.24 % |
Net Profit | Rs. 11.86 Cr | Rs. 12.33 Cr | Rs. 11.76 Cr | -4.62 % | -0.84 % |
EPS in Rs | Rs. 9.11 | Rs. 9.47 | Rs. 9.03 | -4.65 % | -0.88 % |
Today, we’re looking at Fairchem Organics Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 5.7 %. However, it did see a marginal increase of 8.4 % from the previous quarter. Expenses ticked up slightly by 10.47 % quarter-on-quarter, aligning with the annual rise of 6.89 %. Operating profit, while down -2.49 % compared to last year, faced a quarter-on-quarter dip of -5.06 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.99 %, but a shrinkage of -1.66 % sequentially. Other income rose by 16.67 % compared to the last quarter, despite an annual growth of 64.71 %. Interest expenses dropped significantly by -36.08 % from the previous quarter, yet the year-over-year decrease remains at a moderate -53.03 %. Depreciation costs climbed by 6.25 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 19.72 %. Profit before tax declined annually by -0.56 % but saw a reduction from the preceding quarter by -4.57 %.
Tax expenses as a percentage of profits increased slightly by 0.24 % compared to last year, with a more notable quarter-on-quarter increase of 0.05 %. Net profit fell by -0.84 % year-on-year but witnessed a -4.62 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -0.88 % but a quarterly fall of -4.65 %. In summary, Fairchem Organics 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. 151.901 Cr | Rs. 148.118 Cr | Rs. 160.558 Cr | + 8.4 % | + 5.7 % |
Expenses | Rs. 132.66 Cr | Rs. 128.36 Cr | Rs. 141.8 Cr | + 10.47 % | + 6.89 % |
Operating Profit | Rs. 19.24 Cr | Rs. 19.76 Cr | Rs. 18.76 Cr | -5.06 % | -2.49 % |
Net Profit | Rs. 11.86 Cr | Rs. 12.33 Cr | Rs. 11.76 Cr | -4.62 % | -0.84 % |
EPS in Rs | Rs. 9.11 | Rs. 9.47 | Rs. 9.03 | -4.65 % | -0.88 % |
In reviewing Fairchem Organics Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 5.7 % year-on-year growth, however, there was a minor increase of 8.4 % from the previous quarter. Expenses rose by 6.89 % compared to the previous year, with a 10.47 % increase quarter-on-quarter. Operating Profit dropped by -2.49 % annually, and saw a -5.06 % decrease from the last quarter.
Net Profit showed yearly decrease of -0.84 %, and experienced a -4.62 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -0.88 % annually, however dipped by -4.65 % compared to the last quarter. In essence, while Fairchem Organics Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.