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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’s sales declined by -18.33 % over the year, substantial increase in net sales/revenue by 0.86 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -92.11 %, Marginal increase in other income during this quarter, up by 9.93%.
- Profit over the Year and quarter: Challenges in sustaining profitability for GHCL Limited. Profit dropped by -64.67 % Year to Year, GHCL Limited’s profitability increased by 20.64 % in this quarter.
- EPS over the Year and quarter: EPS declined by -64.73 % Year to Year. EPS increased by 20.5 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1016.89 Cr | Rs. 823.38 Cr | Rs. 830.49 Cr | + 0.86 % | -18.33 % |
Expenses | Rs. 719.07 Cr | Rs. 638.94 Cr | Rs. 613.69 Cr | -3.95 % | -14.66 % |
Operating Profit | Rs. 297.82 Cr | Rs. 184.44 Cr | Rs. 216.8 Cr | + 17.55 % | -27.2 % |
OPM % | 29.29 % | 22.4 % | 26.11 % | + 3.71 % | -3.18 % |
Other Income | Rs. 231.64 Cr | Rs. 16.62 Cr | Rs. 18.27 Cr | + 9.93 % | -92.11 % |
Interest | Rs. 7.76 Cr | Rs. 5.35 Cr | Rs. 4.3 Cr | -19.63 % | -44.59 % |
Depreciation | Rs. 24.43 Cr | Rs. 25.97 Cr | Rs. 27.47 Cr | + 5.78 % | + 12.44 % |
Profit before tax | Rs. 497.27 Cr | Rs. 169.74 Cr | Rs. 203.3 Cr | + 19.77 % | -59.12 % |
Tax % | 14.27 % | 26.44 % | 25.91 % | -0.53 % | + 11.64 % |
Net Profit | Rs. 426.33 Cr | Rs. 124.86 Cr | Rs. 150.63 Cr | + 20.64 % | -64.67 % |
EPS in Rs | Rs. 44.72 | Rs. 13.1 | Rs. 15.78 | + 20.46 % | -64.71 % |
Today, we’re looking at GHCL Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -18.33 %. However, it did see a marginal increase of 0.86 % from the previous quarter. Expenses decreased slightly by -3.95 % quarter-on-quarter, aligning with the annual decline of -14.66 %. Operating profit, while down -27.2 % compared to last year, faced a quarter-on-quarter increase of 17.55 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -3.18 %, but an expansion of 3.71 % sequentially. Other income rose by 9.93 % compared to the last quarter, despite an annual decline of -92.11 %. Interest expenses dropped significantly by -19.63 % from the previous quarter, yet the year-over-year decrease remains at a moderate -44.59 %. Depreciation costs climbed by 5.78 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 12.44 %. Profit before tax declined annually by -59.12 % but saw an increase from the preceding quarter by 19.77 %.
Tax expenses as a percentage of profits increased slightly by 11.64 % compared to last year, with a more notable quarter-on-quarter decrease of -0.53 %. Net profit fell by -64.67 % year-on-year but experienced a 20.64 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -64.71 % but a quarterly rise of 20.46 %. In summary, GHCL 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. 1016.89 Cr | Rs. 823.38 Cr | Rs. 830.49 Cr | + 0.86 % | -18.33 % |
Expenses | Rs. 719.07 Cr | Rs. 638.94 Cr | Rs. 613.69 Cr | -3.95 % | -14.66 % |
Operating Profit | Rs. 297.82 Cr | Rs. 184.44 Cr | Rs. 216.8 Cr | + 17.55 % | -27.2 % |
Net Profit | Rs. 426.33 Cr | Rs. 124.86 Cr | Rs. 150.63 Cr | + 20.64 % | -64.67 % |
EPS in Rs | Rs. 44.72 | Rs. 13.1 | Rs. 15.78 | + 20.46 % | -64.71 % |
In reviewing GHCL Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -18.33 % year-on-year, however, there was a minor increase of 0.86 % from the previous quarter. Expenses decreased by -14.66 % compared to the previous year, with a decrease of -3.95 % quarter-on-quarter. Operating Profit dropped by -27.2 % annually, and saw a 17.55 % increase from the last quarter.
Net Profit showed yearly decrease of -64.67 %, and experienced a 20.64 % increase from the previous quarter. Earnings Per Share (EPS) fell by -64.71 % annually, however rose by 20.46 % compared to the last quarter. In essence, while GHCL 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.
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