Share the post "Goa Carbon : Q4 2024 Financial Quarterly Report : YoY Sales Down 43.53 %, QoQ Down 34.49 %"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -43.53 % over the year, decrease in net sales/revenue by -34.49 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -10.31 %, Marginal increase in other income during this quarter, up by 63.1%.
- Profit over the Year and quarter: Significant improvement in profitability for Goa Carbon Ltd.,. Notable increase of 77.08 % in net profit Year to Year, Goa Carbon Ltd.,’s profitability dropped by -72.93 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 76.99 % Year to Year. EPS decreased by -72.94 % 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. 316.033 Cr | Rs. 272.429 Cr | Rs. 178.463 Cr | -34.49 % | -43.53 % |
| Expenses | Rs. 300.52 Cr | Rs. 225.25 Cr | Rs. 164.57 Cr | -26.94 % | -45.24 % |
| Operating Profit | Rs. 15.51 Cr | Rs. 47.18 Cr | Rs. 13.89 Cr | -70.56 % | -10.44 % |
| OPM % | 4.91 % | 17.32 % | 7.78 % | -9.54 % | + 2.87 % |
| Other Income | Rs. 6.11 Cr | Rs. 3.36 Cr | Rs. 5.48 Cr | + 63.1 % | -10.31 % |
| Interest | Rs. 14.05 Cr | Rs. 3.71 Cr | Rs. 5.12 Cr | + 38.01 % | -63.56 % |
| Depreciation | Rs. 0.55 Cr | Rs. 0.63 Cr | Rs. 0.64 Cr | + 1.59 % | + 16.36 % |
| Profit before tax | Rs. 7.02 Cr | Rs. 46.2 Cr | Rs. 13.61 Cr | -70.54 % | + 93.87 % |
| Tax % | 24.78 % | 25.14 % | 31.2 % | + 6.06 % | + 6.42 % |
| Net Profit | Rs. 5.29 Cr | Rs. 34.59 Cr | Rs. 9.36 Cr | -72.94 % | + 76.94 % |
| EPS in Rs | Rs. 5.78 | Rs. 0 | Rs. 10.23 | 0 % | + 76.99 % |
Today, we’re looking at Goa Carbon Ltd.,’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -43.53 %. However, it did see a marginal slip of -34.49 % from the previous quarter. Expenses decreased slightly by -26.94 % quarter-on-quarter, aligning with the annual decline of -45.24 %. Operating profit, while down -10.44 % compared to last year, faced a quarter-on-quarter dip of -70.56 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2.87 %, but a shrinkage of -9.54 % sequentially. Other income rose by 63.1 % compared to the last quarter, despite an annual decline of -10.31 %. Interest expenses surged remarkably by 38.01 % from the previous quarter, yet the year-over-year decrease remains at a moderate -63.56 %. Depreciation costs climbed by 1.59 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 16.36 %. Profit before tax grew annually by 93.87 % but saw a reduction from the preceding quarter by -70.54 %.
Tax expenses as a percentage of profits increased slightly by 6.42 % compared to last year, with a more notable quarter-on-quarter increase of 6.06 %. Net profit rose by 76.94 % year-on-year but witnessed a -72.94 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 76.99 % but a quarterly fall of -3.29 %. In summary, Goa Carbon 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. 316.033 Cr | Rs. 272.429 Cr | Rs. 178.463 Cr | -34.49 % | -43.53 % |
| Expenses | Rs. 300.52 Cr | Rs. 225.25 Cr | Rs. 164.57 Cr | -26.94 % | -45.24 % |
| Operating Profit | Rs. 15.51 Cr | Rs. 47.18 Cr | Rs. 13.89 Cr | -70.56 % | -10.44 % |
| Net Profit | Rs. 5.29 Cr | Rs. 34.59 Cr | Rs. 9.36 Cr | -72.94 % | + 76.94 % |
| EPS in Rs | Rs. 5.78 | Rs. 0 | Rs. 10.23 | 0 % | + 76.99 % |
In reviewing Goa Carbon Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -43.53 % year-on-year, although there was a slight dip of -34.49 % from the previous quarter. Expenses decreased by -45.24 % compared to the previous year, with a decrease of -26.94 % quarter-on-quarter. Operating Profit dropped by -10.44 % annually, and saw a -70.56 % decrease from the last quarter.
Net Profit showed yearly increase of 76.94 %, and experienced a -72.94 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 76.99 % annually, however dipped by -3.29 % compared to the last quarter. In essence, while Goa Carbon Ltd., exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
