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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 95.85 % in the past year, decrease in net sales/revenue by -0.5 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 8.24 %. Marginal increase in other income during this quarter, up by 12.7%.
- Profit over the Year and quarter: Significant improvement in profitability for Gland Pharma Limited. Notable increase of 144.55 % in net profit Year to Year, Gland Pharma Limited’s profitability increased by 0.29 % in this quarter.
- EPS over the Year and quarter: EPS increased by 144.35 % Year to Year. EPS increased by 0.26 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 785.011 Cr | Rs. 1545.155 Cr | Rs. 1537.45 Cr | -0.5 % | + 95.85 % |
Expenses | Rs. 616.6 Cr | Rs. 1188.77 Cr | Rs. 1178.8 Cr | -0.84 % | + 91.18 % |
Operating Profit | Rs. 168.41 Cr | Rs. 356.39 Cr | Rs. 358.65 Cr | + 0.63 % | + 112.96 % |
OPM % | 21.45 % | 23.06 % | 23.33 % | + 0.27 % | + 1.88 % |
Other Income | Rs. 38.94 Cr | Rs. 37.4 Cr | Rs. 42.15 Cr | + 12.7 % | + 8.24 % |
Interest | Rs. 2.2 Cr | Rs. 5.28 Cr | Rs. 9.96 Cr | + 88.64 % | + 352.73 % |
Depreciation | Rs. 37.54 Cr | Rs. 105.34 Cr | Rs. 92.61 Cr | -12.08 % | + 146.7 % |
Profit before tax | Rs. 167.61 Cr | Rs. 283.17 Cr | Rs. 298.23 Cr | + 5.32 % | + 77.93 % |
Tax % | 29.21 % | 32.24 % | 35.48 % | + 3.24 % | + 6.27 % |
Net Profit | Rs. 78.68 Cr | Rs. 191.86 Cr | Rs. 192.42 Cr | + 0.29 % | + 144.56 % |
EPS in Rs | Rs. 4.78 | Rs. 11.65 | Rs. 11.68 | + 0.26 % | + 144.35 % |
Today, we’re looking at Gland Pharma Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 95.85 %. However, it did see a marginal slip of -0.5 % from the previous quarter. Expenses decreased slightly by -0.84 % quarter-on-quarter, aligning with the annual rise of 91.18 %. Operating profit, while up 112.96 % compared to last year, faced a quarter-on-quarter increase of 0.63 %, 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 1.88 %, but an expansion of 0.27 % sequentially. Other income rose by 12.7 % compared to the last quarter, despite an annual growth of 8.24 %. Interest expenses surged remarkably by 88.64 % from the previous quarter, yet the year-over-year increase remains at a moderate 352.73 %. Depreciation costs fell by -12.08 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 146.7 %. Profit before tax grew annually by 77.93 % but saw an increase from the preceding quarter by 5.32 %.
Tax expenses as a percentage of profits increased slightly by 6.27 % compared to last year, with a more notable quarter-on-quarter increase of 3.24 %. Net profit rose by 144.56 % year-on-year but experienced a 0.29 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 144.35 % but a quarterly rise of 0.26 %. In summary, Gland Pharma 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. 785.011 Cr | Rs. 1545.155 Cr | Rs. 1537.45 Cr | -0.5 % | + 95.85 % |
Expenses | Rs. 616.6 Cr | Rs. 1188.77 Cr | Rs. 1178.8 Cr | -0.84 % | + 91.18 % |
Operating Profit | Rs. 168.41 Cr | Rs. 356.39 Cr | Rs. 358.65 Cr | + 0.63 % | + 112.96 % |
Net Profit | Rs. 78.68 Cr | Rs. 191.86 Cr | Rs. 192.42 Cr | + 0.29 % | + 144.56 % |
EPS in Rs | Rs. 4.78 | Rs. 11.65 | Rs. 11.68 | + 0.26 % | + 144.35 % |
In reviewing Gland Pharma Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 95.85 % year-on-year growth, although there was a slight dip of -0.5 % from the previous quarter. Expenses rose by 91.18 % compared to the previous year, with a decrease of -0.84 % quarter-on-quarter. Operating Profit surged by 112.96 % annually, and saw a 0.63 % increase from the last quarter.
Net Profit showed yearly increase of 144.56 %, and experienced a 0.29 % increase from the previous quarter. Earnings Per Share (EPS) rose by 144.35 % annually, however rose by 0.26 % compared to the last quarter. In essence, while Gland Pharma 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.