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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 5.75 % in the past year, substantial increase in net sales/revenue by 5.35 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -16.67 %, Marginal decrease of -79.02% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Ganga Papers India Ltd. Notable increase of 0.98 % in net profit Year to Year, Ganga Papers India Ltd’s profitability dropped by -47.72 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 3.57 % Year to Year. EPS decreased by -47.27 % 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. 62.159 Cr | Rs. 62.393 Cr | Rs. 65.734 Cr | + 5.35 % | + 5.75 % |
Expenses | Rs. 60.48 Cr | Rs. 60.56 Cr | Rs. 64.28 Cr | + 6.14 % | + 6.28 % |
Operating Profit | Rs. 1.68 Cr | Rs. 1.83 Cr | Rs. 1.45 Cr | -20.77 % | -13.69 % |
OPM % | 2.7 % | 2.93 % | 2.21 % | -0.72 % | -0.49 % |
Other Income | Rs. 0.036 Cr | Rs. 0.143 Cr | Rs. 0.03 Cr | -79.02 % | -16.67 % |
Interest | Rs. 0.75 Cr | Rs. 0.63 Cr | Rs. 0.51 Cr | -19.05 % | -32 % |
Depreciation | Rs. 0.56 Cr | Rs. 0.56 Cr | Rs. 0.55 Cr | -1.79 % | -1.79 % |
Profit before tax | Rs. 0.41 Cr | Rs. 0.78 Cr | Rs. 0.42 Cr | -46.15 % | + 2.44 % |
Tax % | 25.18 % | 25.28 % | 26.95 % | + 1.67 % | + 1.77 % |
Net Profit | Rs. 0.31 Cr | Rs. 0.59 Cr | Rs. 0.31 Cr | -47.46 % | + 0 % |
EPS in Rs | Rs. 0.28 | Rs. 0.55 | Rs. 0.29 | -47.27 % | + 3.57 % |
Today, we’re looking at Ganga Papers India Ltd’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 5.75 %. However, it did see a marginal increase of 5.35 % from the previous quarter. Expenses ticked up slightly by 6.14 % quarter-on-quarter, aligning with the annual rise of 6.28 %. Operating profit, while down -13.69 % compared to last year, faced a quarter-on-quarter dip of -20.77 %, 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 -0.49 %, but a shrinkage of -0.72 % sequentially. Other income fell by -79.02 % compared to the last quarter, despite an annual decline of -16.67 %. Interest expenses dropped significantly by -19.05 % from the previous quarter, yet the year-over-year decrease remains at a moderate -32 %. Depreciation costs fell by -1.79 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -1.79 %. Profit before tax grew annually by 2.44 % but saw a reduction from the preceding quarter by -46.15 %.
Tax expenses as a percentage of profits increased slightly by 1.77 % compared to last year, with a more notable quarter-on-quarter increase of 1.67 %. Net profit rose by 0 % year-on-year but witnessed a -47.46 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 3.57 % but a quarterly fall of -47.27 %. In summary, Ganga Papers India 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. 62.159 Cr | Rs. 62.393 Cr | Rs. 65.734 Cr | + 5.35 % | + 5.75 % |
Expenses | Rs. 60.48 Cr | Rs. 60.56 Cr | Rs. 64.28 Cr | + 6.14 % | + 6.28 % |
Operating Profit | Rs. 1.68 Cr | Rs. 1.83 Cr | Rs. 1.45 Cr | -20.77 % | -13.69 % |
Net Profit | Rs. 0.31 Cr | Rs. 0.59 Cr | Rs. 0.31 Cr | -47.46 % | + 0 % |
EPS in Rs | Rs. 0.28 | Rs. 0.55 | Rs. 0.29 | -47.27 % | + 3.57 % |
In reviewing Ganga Papers India Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 5.75 % year-on-year growth, however, there was a minor increase of 5.35 % from the previous quarter. Expenses rose by 6.28 % compared to the previous year, with a 6.14 % increase quarter-on-quarter. Operating Profit dropped by -13.69 % annually, and saw a -20.77 % decrease from the last quarter.
Net Profit showed yearly increase of 0 %, and experienced a -47.46 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 3.57 % annually, however dipped by -47.27 % compared to the last quarter. In essence, while Ganga Papers India Ltd 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.
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