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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.
4
3-Year Profit
4
5-Year Profit
9
10-Year Profit
3,172
Current Price
11,245
Market Cap
Upon examining the financial data for BSE code 540935, it becomes clear that the company achieved a notable five-year profit of 4 percents, which impressively increased to 4 percents in the three-year window. This upward trajectory, however, has been overshadowed by the latest trailing twelve-month (TTM) figures, which indicate a concerning loss of -16 percents. This financial loss is further compounded by the fact that the company has not recorded any sales across any of the timeframes under consideration. Such an unusual situation might suggest that the company operates under an unconventional business model, which could potentially carry higher risks. In terms of stock performance, the company’s stock price has seen a decline, falling from 16 percents over the five-year period to just 20 percents in the last year. The ten-year average stock price, which sits at 0 percents, highlights long-term volatility, casting doubt on the company's ability to sustain its market position over time. This warrants further investigation into the factors driving these fluctuations.
With a market capitalization of ₹11,245 crore, the company’s stock is currently trading at ₹3,172, having fluctuated within a range of ₹3,370 / 2,241 over the years. The stock's P/E ratio of 36.8 reflects a relatively high valuation compared to its earnings, which could suggest strong future growth expectations or heightened investor demand. The company’s book value is ₹615, representing the total value of its assets on a per-share basis, while the dividend yield of 0.69% offers a modest return to shareholders. ROCE, at 17.4%, highlights the company's efficient use of capital in generating profits, while ROE at 14.9% underscores its ability to generate returns for shareholders. The debt-to-equity ratio of 0.09 is very low, indicating conservative financial management and minimal reliance on borrowed funds. Despite this, the company shows a negative net cash flow of ₹-11.4 crore, which could point to cash management challenges or recent heavy investments. The Piotroski score of 6.00 suggests moderate financial strength, while the Graham Number, pegged at ₹1,093, offers a rough estimate of the stock's intrinsic value. The Price-to-Book (P/B) ratio of 5.16 signals that the stock is trading at a premium, which might reflect investor confidence in the company's growth trajectory.
