Share the post "Fine Organic Industries Limited : .Q4 .2024 .Quarterly Earnings: .YoY Sales Down 25.35 %, QoQ Up .22.49. %"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -25.35 % over the year, substantial increase in net sales/revenue by 22.49 %.
- 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 74.21 %. Marginal increase in other income during this quarter, up by 29.68%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Fine Organic Industries Limited. Profit dropped by -24.46 % Year to Year, Fine Organic Industries Limited’s profitability increased by 49.73 % in this quarter.
- EPS over the Year and quarter: EPS declined by -24.45 % Year to Year. EPS increased by 49.74 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 698.61 Cr | Rs. 425.763 Cr | Rs. 521.517 Cr | + 22.49 % | -25.35 % |
Expenses | Rs. 511.36 Cr | Rs. 333.39 Cr | Rs. 389.27 Cr | + 16.76 % | -23.88 % |
Operating Profit | Rs. 187.25 Cr | Rs. 92.37 Cr | Rs. 132.25 Cr | + 43.17 % | -29.37 % |
OPM % | 26.8 % | 21.7 % | 25.36 % | + 3.66 % | -1.44 % |
Other Income | Rs. 12.99 Cr | Rs. 17.45 Cr | Rs. 22.63 Cr | + 29.68 % | + 74.21 % |
Interest | Rs. 0.87 Cr | Rs. 0.48 Cr | Rs. 0.5 Cr | + 4.17 % | -42.53 % |
Depreciation | Rs. 13.03 Cr | Rs. 14.74 Cr | Rs. 15.29 Cr | + 3.73 % | + 17.34 % |
Profit before tax | Rs. 186.34 Cr | Rs. 94.6 Cr | Rs. 139.09 Cr | + 47.03 % | -25.36 % |
Tax % | 25.9 % | 26.37 % | 24.69 % | -1.68 % | -1.21 % |
Net Profit | Rs. 138.08 Cr | Rs. 69.66 Cr | Rs. 104.31 Cr | + 49.74 % | -24.46 % |
EPS in Rs | Rs. 45.03 | Rs. 22.72 | Rs. 34.02 | + 49.74 % | -24.45 % |
Today, we’re looking at Fine Organic Industries 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 -25.35 %. However, it did see a marginal increase of 22.49 % from the previous quarter. Expenses ticked up slightly by 16.76 % quarter-on-quarter, aligning with the annual decline of -23.88 %. Operating profit, while down -29.37 % compared to last year, faced a quarter-on-quarter increase of 43.17 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -1.44 %, but an expansion of 3.66 % sequentially. Other income rose by 29.68 % compared to the last quarter, despite an annual growth of 74.21 %. Interest expenses surged remarkably by 4.17 % from the previous quarter, yet the year-over-year decrease remains at a moderate -42.53 %. Depreciation costs climbed by 3.73 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 17.34 %. Profit before tax declined annually by -25.36 % but saw an increase from the preceding quarter by 47.03 %.
Tax expenses as a percentage of profits decreased slightly by -1.21 % compared to last year, with a more notable quarter-on-quarter decrease of -1.68 %. Net profit fell by -24.46 % year-on-year but experienced a 49.74 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -24.45 % but a quarterly rise of 49.74 %. In summary, Fine Organic Industries 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. 698.61 Cr | Rs. 425.763 Cr | Rs. 521.517 Cr | + 22.49 % | -25.35 % |
Expenses | Rs. 511.36 Cr | Rs. 333.39 Cr | Rs. 389.27 Cr | + 16.76 % | -23.88 % |
Operating Profit | Rs. 187.25 Cr | Rs. 92.37 Cr | Rs. 132.25 Cr | + 43.17 % | -29.37 % |
Net Profit | Rs. 138.08 Cr | Rs. 69.66 Cr | Rs. 104.31 Cr | + 49.74 % | -24.46 % |
EPS in Rs | Rs. 45.03 | Rs. 22.72 | Rs. 34.02 | + 49.74 % | -24.45 % |
In reviewing Fine Organic Industries Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -25.35 % year-on-year, however, there was a minor increase of 22.49 % from the previous quarter. Expenses decreased by -23.88 % compared to the previous year, with a 16.76 % increase quarter-on-quarter. Operating Profit dropped by -29.37 % annually, and saw a 43.17 % increase from the last quarter.
Net Profit showed yearly decrease of -24.46 %, and experienced a 49.74 % increase from the previous quarter. Earnings Per Share (EPS) fell by -24.45 % annually, however rose by 49.74 % compared to the last quarter. In essence, while Fine Organic Industries Limited faces strong annual decline 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.