Highlights
- Sales over the Year and quarter: The company’s sales declined by -46.96 % over the year, substantial increase in net sales/revenue by 2.64 %.
- Income over the Year and quarter:
- Profit over the Year and quarter: Challenges in sustaining profitability for Gala Global Products Limited. Profit dropped by -43.46 % Year to Year, Gala Global Products Limited’s profitability dropped by -242.76 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -42.86 % Year to Year. EPS decreased by -250 % 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. 30.535 Cr | Rs. 15.778 Cr | Rs. 16.195 Cr | + 2.64 % | -46.96 % |
Expenses | Rs. 31.86 Cr | Rs. 15.99 Cr | Rs. 17.08 Cr | + 6.82 % | -46.39 % |
Operating Profit | Rs. -1.33 Cr | Rs. -0.21 Cr | Rs. -0.88 Cr | -319.05 % | + 33.83 % |
OPM % | -4.36 % | -1.33 % | -5.43 % | -4.1 % | -1.07 % |
Other Income | Rs. 0.04 Cr | Rs. 1.05 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0.24 Cr | Rs. 0.24 Cr | Rs. 0.23 Cr | -4.17 % | -4.17 % |
Depreciation | Rs. 0.05 Cr | Rs. 0.04 Cr | Rs. 0.05 Cr | + 25 % | + 0 % |
Profit before tax | Rs. -1.58 Cr | Rs. 0.56 Cr | Rs. -1.16 Cr | -307.14 % | + 26.58 % |
Tax % | -25.21 % | 25.2 % | -26.23 % | -51.43 % | -1.02 % |
Net Profit | Rs. -1.17 Cr | Rs. 0.46 Cr | Rs. -0.66 Cr | -243.48 % | + 43.59 % |
EPS in Rs | Rs. -0.21 | Rs. 0.08 | Rs. -0.12 | -250 % | + 42.86 % |
Today, we’re looking at Gala Global Products 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 -46.96 %. However, it did see a marginal increase of 2.64 % from the previous quarter. Expenses ticked up slightly by 6.82 % quarter-on-quarter, aligning with the annual decline of -46.39 %. Operating profit, while up 33.83 % compared to last year, faced a quarter-on-quarter dip of -319.05 %, 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 -1.07 %, but a shrinkage of -4.1 % sequentially. Interest expenses dropped significantly by -4.17 % from the previous quarter, yet the year-over-year decrease remains at a moderate -4.17 %. Depreciation costs climbed by 25 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 26.58 % but saw a reduction from the preceding quarter by -307.14 %.
Tax expenses as a percentage of profits decreased slightly by -1.02 % compared to last year, with a more notable quarter-on-quarter decrease of -51.43 %. Net profit rose by 43.59 % year-on-year but witnessed a -243.48 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 42.86 % but a quarterly fall of -250 %. In summary, Gala Global Products 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. 30.535 Cr | Rs. 15.778 Cr | Rs. 16.195 Cr | + 2.64 % | -46.96 % |
Expenses | Rs. 31.86 Cr | Rs. 15.99 Cr | Rs. 17.08 Cr | + 6.82 % | -46.39 % |
Operating Profit | Rs. -1.33 Cr | Rs. -0.21 Cr | Rs. -0.88 Cr | -319.05 % | + 33.83 % |
Net Profit | Rs. -1.17 Cr | Rs. 0.46 Cr | Rs. -0.66 Cr | -243.48 % | + 43.59 % |
EPS in Rs | Rs. -0.21 | Rs. 0.08 | Rs. -0.12 | -250 % | + 42.86 % |
In reviewing Gala Global Products Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -46.96 % year-on-year, however, there was a minor increase of 2.64 % from the previous quarter. Expenses decreased by -46.39 % compared to the previous year, with a 6.82 % increase quarter-on-quarter. Operating Profit surged by 33.83 % annually, and saw a -319.05 % decrease from the last quarter.
Net Profit showed yearly increase of 43.59 %, and experienced a -243.48 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 42.86 % annually, however dipped by -250 % compared to the last quarter. In essence, while Gala Global Products Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.