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Highlights
- Sales over the Year and quarter: The company’s sales declined by -5.87 % over the year, substantial increase in net sales/revenue by 27.22 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -69.76 %, Marginal decrease of -64.83% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Godrej Industries Ltd.. Profit dropped by -104.51 % Year to Year, Godrej Industries Ltd.’s profitability dropped by -115.4 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -203.93 % Year to Year. EPS decreased by -393.04 % 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. 4852.11 Cr | Rs. 3590.08 Cr | Rs. 4567.27 Cr | + 27.22 % | -5.87 % |
Expenses | Rs. 4252.23 Cr | Rs. 3310.77 Cr | Rs. 4109.22 Cr | + 24.12 % | -3.36 % |
Operating Profit | Rs. 599.88 Cr | Rs. 279.31 Cr | Rs. 458.05 Cr | + 63.99 % | -23.64 % |
OPM % | 12.36 % | 7.78 % | 10.03 % | + 2.25 % | -2.33 % |
Other Income | Rs. 441.73 Cr | Rs. 379.73 Cr | Rs. 133.56 Cr | -64.83 % | -69.76 % |
Interest | Rs. 283.51 Cr | Rs. 347.6 Cr | Rs. 369 Cr | + 6.16 % | + 30.15 % |
Depreciation | Rs. 79.38 Cr | Rs. 95.61 Cr | Rs. 100.27 Cr | + 4.87 % | + 26.32 % |
Profit before tax | Rs. 678.72 Cr | Rs. 215.83 Cr | Rs. 122.34 Cr | -43.32 % | -81.97 % |
Tax % | 24.79 % | 57.09 % | 28.16 % | -28.93 % | + 3.37 % |
Net Profit | Rs. 562.16 Cr | Rs. 164.58 Cr | Rs. -25.34 Cr | -115.4 % | -104.51 % |
EPS in Rs | Rs. 8.91 | Rs. 3.16 | Rs. -9.26 | -393.04 % | -203.93 % |
Today, we’re looking at Godrej Industries 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 -5.87 %. However, it did see a marginal increase of 27.22 % from the previous quarter. Expenses ticked up slightly by 24.12 % quarter-on-quarter, aligning with the annual decline of -3.36 %. Operating profit, while down -23.64 % compared to last year, faced a quarter-on-quarter increase of 63.99 %, 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 -2.33 %, but an expansion of 2.25 % sequentially. Other income fell by -64.83 % compared to the last quarter, despite an annual decline of -69.76 %. Interest expenses surged remarkably by 6.16 % from the previous quarter, yet the year-over-year increase remains at a moderate 30.15 %. Depreciation costs climbed by 4.87 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 26.32 %. Profit before tax declined annually by -81.97 % but saw a reduction from the preceding quarter by -43.32 %.
Tax expenses as a percentage of profits increased slightly by 3.37 % compared to last year, with a more notable quarter-on-quarter decrease of -28.93 %. Net profit fell by -104.51 % year-on-year but witnessed a -115.4 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -203.93 % but a quarterly fall of -393.04 %. In summary, Godrej Industries 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. 4852.11 Cr | Rs. 3590.08 Cr | Rs. 4567.27 Cr | + 27.22 % | -5.87 % |
Expenses | Rs. 4252.23 Cr | Rs. 3310.77 Cr | Rs. 4109.22 Cr | + 24.12 % | -3.36 % |
Operating Profit | Rs. 599.88 Cr | Rs. 279.31 Cr | Rs. 458.05 Cr | + 63.99 % | -23.64 % |
Net Profit | Rs. 562.16 Cr | Rs. 164.58 Cr | Rs. -25.34 Cr | -115.4 % | -104.51 % |
EPS in Rs | Rs. 8.91 | Rs. 3.16 | Rs. -9.26 | -393.04 % | -203.93 % |
In reviewing Godrej Industries Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -5.87 % year-on-year, however, there was a minor increase of 27.22 % from the previous quarter. Expenses decreased by -3.36 % compared to the previous year, with a 24.12 % increase quarter-on-quarter. Operating Profit dropped by -23.64 % annually, and saw a 63.99 % increase from the last quarter.
Net Profit showed yearly decrease of -104.51 %, and experienced a -115.4 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -203.93 % annually, however dipped by -393.04 % compared to the last quarter. In essence, while Godrej Industries Ltd. faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.