Share the post "Gateway Distriparks : Q4 2024 Financial Quarterly Report : YoY Sales Down 0.43 %, QoQ Down 4.48 %"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -0.43 % over the year, decrease in net sales/revenue by -4.48 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -63.95 %, Marginal increase in other income during this quarter, up by 160.31%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Gateway Distriparks Limited. Profit dropped by -22.05 % Year to Year, Gateway Distriparks Limited’s profitability dropped by -14.05 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -21.97 % Year to Year. EPS decreased by -14.17 % 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. 367.652 Cr | Rs. 383.272 Cr | Rs. 366.084 Cr | -4.48 % | -0.43 % |
| Expenses | Rs. 279.5 Cr | Rs. 291.8 Cr | Rs. 288.53 Cr | -1.12 % | + 3.23 % |
| Operating Profit | Rs. 88.15 Cr | Rs. 91.47 Cr | Rs. 77.55 Cr | -15.22 % | -12.02 % |
| OPM % | 23.98 % | 23.87 % | 21.18 % | -2.69 % | -2.8 % |
| Other Income | Rs. 14.01 Cr | Rs. 1.94 Cr | Rs. 5.05 Cr | + 160.31 % | -63.95 % |
| Interest | Rs. 10.82 Cr | Rs. 10.86 Cr | Rs. 10.92 Cr | + 0.55 % | + 0.92 % |
| Depreciation | Rs. 24.17 Cr | Rs. 21.99 Cr | Rs. 21.55 Cr | -2 % | -10.84 % |
| Profit before tax | Rs. 67.17 Cr | Rs. 60.56 Cr | Rs. 50.13 Cr | -17.22 % | -25.37 % |
| Tax % | 1.55 % | 0.96 % | 2.82 % | + 1.86 % | + 1.27 % |
| Net Profit | Rs. 66.13 Cr | Rs. 59.98 Cr | Rs. 51.55 Cr | -14.05 % | -22.05 % |
| EPS in Rs | Rs. 1.32 | Rs. 1.2 | Rs. 1.03 | -14.17 % | -21.97 % |
Today, we’re looking at Gateway Distriparks 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 -0.43 %. However, it did see a marginal slip of -4.48 % from the previous quarter. Expenses decreased slightly by -1.12 % quarter-on-quarter, aligning with the annual rise of 3.23 %. Operating profit, while down -12.02 % compared to last year, faced a quarter-on-quarter dip of -15.22 %, 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 -2.8 %, but a shrinkage of -2.69 % sequentially. Other income rose by 160.31 % compared to the last quarter, despite an annual decline of -63.95 %. Interest expenses surged remarkably by 0.55 % from the previous quarter, yet the year-over-year increase remains at a moderate 0.92 %. Depreciation costs fell by -2 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -10.84 %. Profit before tax declined annually by -25.37 % but saw a reduction from the preceding quarter by -17.22 %.
Tax expenses as a percentage of profits increased slightly by 1.27 % compared to last year, with a more notable quarter-on-quarter increase of 1.86 %. Net profit fell by -22.05 % year-on-year but witnessed a -14.05 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -21.97 % but a quarterly fall of -14.17 %. In summary, Gateway Distriparks 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. 367.652 Cr | Rs. 383.272 Cr | Rs. 366.084 Cr | -4.48 % | -0.43 % |
| Expenses | Rs. 279.5 Cr | Rs. 291.8 Cr | Rs. 288.53 Cr | -1.12 % | + 3.23 % |
| Operating Profit | Rs. 88.15 Cr | Rs. 91.47 Cr | Rs. 77.55 Cr | -15.22 % | -12.02 % |
| Net Profit | Rs. 66.13 Cr | Rs. 59.98 Cr | Rs. 51.55 Cr | -14.05 % | -22.05 % |
| EPS in Rs | Rs. 1.32 | Rs. 1.2 | Rs. 1.03 | -14.17 % | -21.97 % |
In reviewing Gateway Distriparks Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -0.43 % year-on-year, although there was a slight dip of -4.48 % from the previous quarter. Expenses rose by 3.23 % compared to the previous year, with a decrease of -1.12 % quarter-on-quarter. Operating Profit dropped by -12.02 % annually, and saw a -15.22 % decrease from the last quarter.
Net Profit showed yearly decrease of -22.05 %, and experienced a -14.05 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -21.97 % annually, however dipped by -14.17 % compared to the last quarter. In essence, while Gateway Distriparks Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
38
3-Year Profit
18
5-Year Profit
17
10-Year Profit
94.1
Current Price
4,702
Market Cap
Upon examining the financial data for BSE code 543489, it becomes clear that the company achieved a notable five-year profit of 18 percents, which impressively increased to 38 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 -3 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 0 percents over the five-year period to just 0 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.
The company has a market capitalization of ₹4,702 crore and is currently trading at ₹94.1 per share. Historically, the stock has fluctuated within a range of ₹122 / 85.0, reflecting both the opportunities and risks that investors perceive in the company. The P/E ratio, at 19.6, is relatively high, suggesting that the market has priced in substantial future growth or is willing to pay a premium for the company’s current earnings. The book value per share stands at ₹38.7, which reflects the net asset value of the company divided by the number of outstanding shares. The dividend yield is 2.13%, providing shareholders with a consistent return on their investment. ROCE is 12.8%, indicating how well the company is using its capital to generate profits, while ROE at 13.8% highlights the returns generated from shareholders' equity. The debt-to-equity ratio is 0.26, signaling low financial leverage, which is typically seen as a positive indicator of financial health. However, the company’s negative net cash flow of ₹-66.6 crore might raise concerns about its cash generation capabilities or capital expenditures. With a Piotroski score of 7.00, the company's financial stability is evaluated on several factors. Finally, the Graham Number, at ₹64.6, provides an estimate of the stock’s intrinsic value, while the Price-to-Book (P/B) ratio of 2.43 highlights that the stock is trading at a premium to its book value, potentially reflecting positive market sentiment or overvaluation risks.
