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Highlights
- Sales over the Year and quarter: The company’s sales declined by -4.67 % over the year, decrease in net sales/revenue by -1.22 %.
- 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 240.11 %. Marginal increase in other income during this quarter, up by 274.76%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Galaxy Surfactants Limited. Profit dropped by -14.39 % Year to Year, Galaxy Surfactants Limited’s profitability increased by 8.59 % in this quarter.
- EPS over the Year and quarter: EPS declined by -14.41 % Year to Year. EPS increased by 8.59 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 974.47 Cr | Rs. 940.49 Cr | Rs. 929 Cr | -1.22 % | -4.67 % |
| Expenses | Rs. 839.96 Cr | Rs. 828 Cr | Rs. 827.34 Cr | -0.08 % | -1.5 % |
| Operating Profit | Rs. 134.51 Cr | Rs. 112.49 Cr | Rs. 101.66 Cr | -9.63 % | -24.42 % |
| OPM % | 13.8 % | 11.96 % | 10.94 % | -1.02 % | -2.86 % |
| Other Income | Rs. 7.03 Cr | Rs. 6.38 Cr | Rs. 23.91 Cr | + 274.76 % | + 240.11 % |
| Interest | Rs. 6.13 Cr | Rs. 5.9 Cr | Rs. 5.39 Cr | -8.64 % | -12.07 % |
| Depreciation | Rs. 22.51 Cr | Rs. 25.13 Cr | Rs. 26.22 Cr | + 4.34 % | + 16.48 % |
| Profit before tax | Rs. 112.9 Cr | Rs. 87.84 Cr | Rs. 93.96 Cr | + 6.97 % | -16.78 % |
| Tax % | 19.81 % | 18.75 % | 17.52 % | -1.23 % | -2.29 % |
| Net Profit | Rs. 90.53 Cr | Rs. 71.37 Cr | Rs. 77.5 Cr | + 8.59 % | -14.39 % |
| EPS in Rs | Rs. 25.54 | Rs. 20.13 | Rs. 21.86 | + 8.59 % | -14.41 % |
Today, we’re looking at Galaxy Surfactants 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 -4.67 %. However, it did see a marginal slip of -1.22 % from the previous quarter. Expenses decreased slightly by -0.08 % quarter-on-quarter, aligning with the annual decline of -1.5 %. Operating profit, while down -24.42 % compared to last year, faced a quarter-on-quarter dip of -9.63 %, 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 -2.86 %, but a shrinkage of -1.02 % sequentially. Other income rose by 274.76 % compared to the last quarter, despite an annual growth of 240.11 %. Interest expenses dropped significantly by -8.64 % from the previous quarter, yet the year-over-year decrease remains at a moderate -12.07 %. Depreciation costs climbed by 4.34 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 16.48 %. Profit before tax declined annually by -16.78 % but saw an increase from the preceding quarter by 6.97 %.
Tax expenses as a percentage of profits decreased slightly by -2.29 % compared to last year, with a more notable quarter-on-quarter decrease of -1.23 %. Net profit fell by -14.39 % year-on-year but experienced a 8.59 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -14.41 % but a quarterly rise of 8.59 %. In summary, Galaxy Surfactants 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. 974.47 Cr | Rs. 940.49 Cr | Rs. 929 Cr | -1.22 % | -4.67 % |
| Expenses | Rs. 839.96 Cr | Rs. 828 Cr | Rs. 827.34 Cr | -0.08 % | -1.5 % |
| Operating Profit | Rs. 134.51 Cr | Rs. 112.49 Cr | Rs. 101.66 Cr | -9.63 % | -24.42 % |
| Net Profit | Rs. 90.53 Cr | Rs. 71.37 Cr | Rs. 77.5 Cr | + 8.59 % | -14.39 % |
| EPS in Rs | Rs. 25.54 | Rs. 20.13 | Rs. 21.86 | + 8.59 % | -14.41 % |
In reviewing Galaxy Surfactants Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -4.67 % year-on-year, although there was a slight dip of -1.22 % from the previous quarter. Expenses decreased by -1.5 % compared to the previous year, with a decrease of -0.08 % quarter-on-quarter. Operating Profit dropped by -24.42 % annually, and saw a -9.63 % decrease from the last quarter.
Net Profit showed yearly decrease of -14.39 %, and experienced a 8.59 % increase from the previous quarter. Earnings Per Share (EPS) fell by -14.41 % annually, however rose by 8.59 % compared to the last quarter. In essence, while Galaxy Surfactants 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.
