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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 55.33 % in the past year, substantial increase in net sales/revenue by 47.29 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -21.94 %, Marginal decrease of -32.32% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Gokaldas Exports Ltd. Profit dropped by -6.17 % Year to Year, Gokaldas Exports Ltd’s profitability increased by 45.56 % in this quarter.
- EPS over the Year and quarter: EPS declined by -7.19 % Year to Year. EPS increased by 44.02 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 523.011 Cr | Rs. 551.569 Cr | Rs. 812.419 Cr | + 47.29 % | + 55.33 % |
Expenses | Rs. 452.93 Cr | Rs. 489.27 Cr | Rs. 727.95 Cr | + 48.78 % | + 60.72 % |
Operating Profit | Rs. 70.08 Cr | Rs. 62.3 Cr | Rs. 84.47 Cr | + 35.59 % | + 20.53 % |
OPM % | 13.4 % | 11.3 % | 10.4 % | -0.9 % | -3 % |
Other Income | Rs. 7.11 Cr | Rs. 8.2 Cr | Rs. 5.55 Cr | -32.32 % | -21.94 % |
Interest | Rs. 7.43 Cr | Rs. 5.46 Cr | Rs. 19.65 Cr | + 259.89 % | + 164.47 % |
Depreciation | Rs. 19 Cr | Rs. 21.5 Cr | Rs. 27.44 Cr | + 27.63 % | + 44.42 % |
Profit before tax | Rs. 50.76 Cr | Rs. 43.54 Cr | Rs. 42.93 Cr | -1.4 % | -15.43 % |
Tax % | 7.04 % | 30.14 % | 3.14 % | -27 % | -3.9 % |
Net Profit | Rs. 47.19 Cr | Rs. 30.42 Cr | Rs. 44.28 Cr | + 45.56 % | -6.17 % |
EPS in Rs | Rs. 7.42 | Rs. 4.77 | Rs. 6.88 | + 44.23 % | -7.28 % |
Today, we’re looking at Gokaldas Exports 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 55.33 %. However, it did see a marginal increase of 47.29 % from the previous quarter. Expenses ticked up slightly by 48.78 % quarter-on-quarter, aligning with the annual rise of 60.72 %. Operating profit, while up 20.53 % compared to last year, faced a quarter-on-quarter increase of 35.59 %, 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 %, but a shrinkage of -0.9 % sequentially. Other income fell by -32.32 % compared to the last quarter, despite an annual decline of -21.94 %. Interest expenses surged remarkably by 259.89 % from the previous quarter, yet the year-over-year increase remains at a moderate 164.47 %. Depreciation costs climbed by 27.63 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 44.42 %. Profit before tax declined annually by -15.43 % but saw a reduction from the preceding quarter by -1.4 %.
Tax expenses as a percentage of profits decreased slightly by -3.9 % compared to last year, with a more notable quarter-on-quarter decrease of -27 %. Net profit fell by -6.17 % year-on-year but experienced a 45.56 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -7.28 % but a quarterly rise of 44.23 %. In summary, Gokaldas Exports 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. 523.011 Cr | Rs. 551.569 Cr | Rs. 812.419 Cr | + 47.29 % | + 55.33 % |
Expenses | Rs. 452.93 Cr | Rs. 489.27 Cr | Rs. 727.95 Cr | + 48.78 % | + 60.72 % |
Operating Profit | Rs. 70.08 Cr | Rs. 62.3 Cr | Rs. 84.47 Cr | + 35.59 % | + 20.53 % |
Net Profit | Rs. 47.19 Cr | Rs. 30.42 Cr | Rs. 44.28 Cr | + 45.56 % | -6.17 % |
EPS in Rs | Rs. 7.42 | Rs. 4.77 | Rs. 6.88 | + 44.23 % | -7.28 % |
In reviewing Gokaldas Exports Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 55.33 % year-on-year growth, however, there was a minor increase of 47.29 % from the previous quarter. Expenses rose by 60.72 % compared to the previous year, with a 48.78 % increase quarter-on-quarter. Operating Profit surged by 20.53 % annually, and saw a 35.59 % increase from the last quarter.
Net Profit showed yearly decrease of -6.17 %, and experienced a 45.56 % increase from the previous quarter. Earnings Per Share (EPS) fell by -7.28 % annually, however rose by 44.23 % compared to the last quarter. In essence, while Gokaldas Exports Ltd 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.