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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 9.96 % in the past year, substantial increase in net sales/revenue by 6.46 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -51.66 %, Marginal decrease of -20.86% in other income during this quarter
- Profit over the Year and quarter: Challenges in sustaining profitability for Gillette India Ltd.. Profit dropped by -3.52 % Year to Year, Gillette India Ltd.’s profitability dropped by -4.68 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -3.52 % Year to Year. EPS decreased by -4.7 % 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. 619.07 Cr | Rs. 639.46 Cr | Rs. 680.74 Cr | + 6.46 % | + 9.96 % |
| Expenses | Rs. 485.36 Cr | Rs. 483.65 Cr | Rs. 520.4 Cr | + 7.6 % | + 7.22 % |
| Operating Profit | Rs. 133.71 Cr | Rs. 155.81 Cr | Rs. 160.34 Cr | + 2.91 % | + 19.92 % |
| OPM % | 21.6 % | 24.37 % | 23.55 % | -0.82 % | + 1.95 % |
| Other Income | Rs. 11.77 Cr | Rs. 7.19 Cr | Rs. 5.69 Cr | -20.86 % | -51.66 % |
| Interest | Rs. 0.77 Cr | Rs. 3.25 Cr | Rs. 2.57 Cr | -20.92 % | + 233.77 % |
| Depreciation | Rs. 21.84 Cr | Rs. 20.71 Cr | Rs. 20.64 Cr | -0.34 % | -5.49 % |
| Profit before tax | Rs. 122.87 Cr | Rs. 139.04 Cr | Rs. 142.82 Cr | + 2.72 % | + 16.24 % |
| Tax % | 16.42 % | 25.24 % | 30.62 % | + 5.38 % | + 14.2 % |
| Net Profit | Rs. 102.7 Cr | Rs. 103.95 Cr | Rs. 99.09 Cr | -4.68 % | -3.52 % |
| EPS in Rs | Rs. 31.52 | Rs. 31.91 | Rs. 30.41 | -4.7 % | -3.52 % |
Today, we’re looking at Gillette India 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 9.96 %. However, it did see a marginal increase of 6.46 % from the previous quarter. Expenses ticked up slightly by 7.6 % quarter-on-quarter, aligning with the annual rise of 7.22 %. Operating profit, while up 19.92 % compared to last year, faced a quarter-on-quarter increase of 2.91 %, 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 1.95 %, but a shrinkage of -0.82 % sequentially. Other income fell by -20.86 % compared to the last quarter, despite an annual decline of -51.66 %. Interest expenses dropped significantly by -20.92 % from the previous quarter, yet the year-over-year increase remains at a moderate 233.77 %. Depreciation costs fell by -0.34 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -5.49 %. Profit before tax grew annually by 16.24 % but saw an increase from the preceding quarter by 2.72 %.
Tax expenses as a percentage of profits increased slightly by 14.2 % compared to last year, with a more notable quarter-on-quarter increase of 5.38 %. Net profit fell by -3.52 % year-on-year but witnessed a -4.68 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -3.52 % but a quarterly fall of -4.7 %. In summary, Gillette 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. 619.07 Cr | Rs. 639.46 Cr | Rs. 680.74 Cr | + 6.46 % | + 9.96 % |
| Expenses | Rs. 485.36 Cr | Rs. 483.65 Cr | Rs. 520.4 Cr | + 7.6 % | + 7.22 % |
| Operating Profit | Rs. 133.71 Cr | Rs. 155.81 Cr | Rs. 160.34 Cr | + 2.91 % | + 19.92 % |
| Net Profit | Rs. 102.7 Cr | Rs. 103.95 Cr | Rs. 99.09 Cr | -4.68 % | -3.52 % |
| EPS in Rs | Rs. 31.52 | Rs. 31.91 | Rs. 30.41 | -4.7 % | -3.52 % |
In reviewing Gillette India Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 9.96 % year-on-year growth, however, there was a minor increase of 6.46 % from the previous quarter. Expenses rose by 7.22 % compared to the previous year, with a 7.6 % increase quarter-on-quarter. Operating Profit surged by 19.92 % annually, and saw a 2.91 % increase from the last quarter.
Net Profit showed yearly decrease of -3.52 %, and experienced a -4.68 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -3.52 % annually, however dipped by -4.7 % compared to the last quarter. In essence, while Gillette India 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.
