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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 18.34 % in the past year, substantial increase in net sales/revenue by 14.34 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -69.8 %, Marginal decrease of -87.54% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Genus Paper & Boards Limited. Profit dropped by -368.15 % Year to Year, Genus Paper & Boards Limited’s profitability increased by 501.91 % in this quarter.
- EPS over the Year and quarter: EPS declined by -375.00 % Year to Year. EPS increased by 450 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 178.179 Cr | Rs. 184.425 Cr | Rs. 210.864 Cr | + 14.34 % | + 18.34 % |
| Expenses | Rs. 165.69 Cr | Rs. 170.92 Cr | Rs. 192.04 Cr | + 12.36 % | + 15.9 % |
| Operating Profit | Rs. 12.49 Cr | Rs. 13.51 Cr | Rs. 18.82 Cr | + 39.3 % | + 50.68 % |
| OPM % | 7.01 % | 7.33 % | 8.93 % | + 1.6 % | + 1.92 % |
| Other Income | Rs. 0.255 Cr | Rs. 0.618 Cr | Rs. 0.077 Cr | -87.54 % | -69.8 % |
| Interest | Rs. 7.7 Cr | Rs. 8.08 Cr | Rs. 8.94 Cr | + 10.64 % | + 16.1 % |
| Depreciation | Rs. 6.45 Cr | Rs. 6.5 Cr | Rs. 7.09 Cr | + 9.08 % | + 9.92 % |
| Profit before tax | Rs. -1.41 Cr | Rs. -0.45 Cr | Rs. 2.87 Cr | + 737.78 % | + 303.55 % |
| Tax % | -24.7 % | -201.96 % | 1.39 % | + 203.35 % | + 26.09 % |
| Net Profit | Rs. -1.06 Cr | Rs. 0.47 Cr | Rs. 2.83 Cr | + 502.13 % | + 366.98 % |
| EPS in Rs | Rs. -0.04 | Rs. 0.02 | Rs. 0.11 | + 450 % | + 375 % |
Today, we’re looking at Genus Paper & Boards Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 18.34 %. However, it did see a marginal increase of 14.34 % from the previous quarter. Expenses ticked up slightly by 12.36 % quarter-on-quarter, aligning with the annual rise of 15.9 %. Operating profit, while up 50.68 % compared to last year, faced a quarter-on-quarter increase of 39.3 %, 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 1.92 %, but an expansion of 1.6 % sequentially. Other income fell by -87.54 % compared to the last quarter, despite an annual decline of -69.8 %. Interest expenses surged remarkably by 10.64 % from the previous quarter, yet the year-over-year increase remains at a moderate 16.1 %. Depreciation costs climbed by 9.08 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 9.92 %. Profit before tax grew annually by 303.55 % but saw an increase from the preceding quarter by 737.78 %.
Tax expenses as a percentage of profits increased slightly by 26.09 % compared to last year, with a more notable quarter-on-quarter increase of 203.35 %. Net profit rose by 366.98 % year-on-year but experienced a 502.13 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 375 % but a quarterly rise of 450 %. In summary, Genus Paper & Boards 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. 178.179 Cr | Rs. 184.425 Cr | Rs. 210.864 Cr | + 14.34 % | + 18.34 % |
| Expenses | Rs. 165.69 Cr | Rs. 170.92 Cr | Rs. 192.04 Cr | + 12.36 % | + 15.9 % |
| Operating Profit | Rs. 12.49 Cr | Rs. 13.51 Cr | Rs. 18.82 Cr | + 39.3 % | + 50.68 % |
| Net Profit | Rs. -1.06 Cr | Rs. 0.47 Cr | Rs. 2.83 Cr | + 502.13 % | + 366.98 % |
| EPS in Rs | Rs. -0.04 | Rs. 0.02 | Rs. 0.11 | + 450 % | + 375 % |
In reviewing Genus Paper & Boards Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 18.34 % year-on-year growth, however, there was a minor increase of 14.34 % from the previous quarter. Expenses rose by 15.9 % compared to the previous year, with a 12.36 % increase quarter-on-quarter. Operating Profit surged by 50.68 % annually, and saw a 39.3 % increase from the last quarter.
Net Profit showed yearly increase of 366.98 %, and experienced a 502.13 % increase from the previous quarter. Earnings Per Share (EPS) rose by 375 % annually, however rose by 450 % compared to the last quarter. In essence, while Genus Paper & Boards Limited 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.
