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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 13.67 % in the past year, decrease in net sales/revenue by -4.36 %.
- 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 75.47 %. Marginal decrease of -4.78% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Gandhi Special Tubes Ltd.,. Notable increase of 27.76 % in net profit Year to Year, Gandhi Special Tubes Ltd.,’s profitability increased by 1.13 % in this quarter.
- EPS over the Year and quarter: EPS increased by 27.79 % Year to Year. EPS increased by 1.1 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 34.702 Cr | Rs. 41.247 Cr | Rs. 39.447 Cr | -4.36 % | + 13.67 % |
Expenses | Rs. 21.72 Cr | Rs. 25.73 Cr | Rs. 23.67 Cr | -8.01 % | + 8.98 % |
Operating Profit | Rs. 12.98 Cr | Rs. 15.52 Cr | Rs. 15.78 Cr | + 1.68 % | + 21.57 % |
OPM % | 37.4 % | 37.63 % | 40 % | + 2.37 % | + 2.6 % |
Other Income | Rs. 1.59 Cr | Rs. 2.93 Cr | Rs. 2.79 Cr | -4.78 % | + 75.47 % |
Interest | Rs. 0 Cr | Rs. 0.03 Cr | Rs. 0.01 Cr | -66.67 % | 0 % |
Depreciation | Rs. 0.78 Cr | Rs. 0.8 Cr | Rs. 0.78 Cr | -2.5 % | + 0 % |
Profit before tax | Rs. 13.79 Cr | Rs. 17.62 Cr | Rs. 17.78 Cr | + 0.91 % | + 28.93 % |
Tax % | 24.14 % | 25.03 % | 24.86 % | -0.17 % | + 0.72 % |
Net Profit | Rs. 10.46 Cr | Rs. 13.21 Cr | Rs. 13.36 Cr | + 1.14 % | + 27.72 % |
EPS in Rs | Rs. 8.6 | Rs. 10.87 | Rs. 10.99 | + 1.1 % | + 27.79 % |
Today, we’re looking at Gandhi Special Tubes Ltd.,’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 13.67 %. However, it did see a marginal slip of -4.36 % from the previous quarter. Expenses decreased slightly by -8.01 % quarter-on-quarter, aligning with the annual rise of 8.98 %. Operating profit, while up 21.57 % compared to last year, faced a quarter-on-quarter increase of 1.68 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2.6 %, but an expansion of 2.37 % sequentially. Other income fell by -4.78 % compared to the last quarter, despite an annual growth of 75.47 %. Interest expenses dropped significantly by -66.67 % from the previous quarter, Depreciation costs fell by -2.5 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 28.93 % but saw an increase from the preceding quarter by 0.91 %.
Tax expenses as a percentage of profits increased slightly by 0.72 % compared to last year, with a more notable quarter-on-quarter decrease of -0.17 %. Net profit rose by 27.72 % year-on-year but experienced a 1.14 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 27.79 % but a quarterly rise of 1.1 %. In summary, Gandhi Special Tubes Ltd.,’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. 34.702 Cr | Rs. 41.247 Cr | Rs. 39.447 Cr | -4.36 % | + 13.67 % |
Expenses | Rs. 21.72 Cr | Rs. 25.73 Cr | Rs. 23.67 Cr | -8.01 % | + 8.98 % |
Operating Profit | Rs. 12.98 Cr | Rs. 15.52 Cr | Rs. 15.78 Cr | + 1.68 % | + 21.57 % |
Net Profit | Rs. 10.46 Cr | Rs. 13.21 Cr | Rs. 13.36 Cr | + 1.14 % | + 27.72 % |
EPS in Rs | Rs. 8.6 | Rs. 10.87 | Rs. 10.99 | + 1.1 % | + 27.79 % |
In reviewing Gandhi Special Tubes Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.67 % year-on-year growth, although there was a slight dip of -4.36 % from the previous quarter. Expenses rose by 8.98 % compared to the previous year, with a decrease of -8.01 % quarter-on-quarter. Operating Profit surged by 21.57 % annually, and saw a 1.68 % increase from the last quarter.
Net Profit showed yearly increase of 27.72 %, and experienced a 1.14 % increase from the previous quarter. Earnings Per Share (EPS) rose by 27.79 % annually, however rose by 1.1 % compared to the last quarter. In essence, while Gandhi Special Tubes Ltd., exhibits strong annual growth 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.