Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 49.21 % in the past year, substantial increase in net sales/revenue by 17.69 %.
- 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 34.38 %. Marginal increase in other income during this quarter, up by 19.19%.
- Profit over the Year and quarter: Significant improvement in profitability for Gokul Agro Resources Ltd. Notable increase of 16.96 % in net profit Year to Year, Gokul Agro Resources Ltd’s profitability increased by 31.36 % in this quarter.
- EPS over the Year and quarter: EPS increased by 14.50 % Year to Year. EPS increased by 31.58 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 2638.98 Cr | Rs. 3345.613 Cr | Rs. 3937.603 Cr | + 17.69 % | + 49.21 % |
| Expenses | Rs. 2560.73 Cr | Rs. 3267.46 Cr | Rs. 3843.19 Cr | + 17.62 % | + 50.08 % |
| Operating Profit | Rs. 78.25 Cr | Rs. 78.15 Cr | Rs. 94.41 Cr | + 20.81 % | + 20.65 % |
| OPM % | 2.97 % | 2.34 % | 2.4 % | + 0.06 % | -0.57 % |
| Other Income | Rs. 6.98 Cr | Rs. 7.87 Cr | Rs. 9.38 Cr | + 19.19 % | + 34.38 % |
| Interest | Rs. 27.82 Cr | Rs. 35.8 Cr | Rs. 34.49 Cr | -3.66 % | + 23.98 % |
| Depreciation | Rs. 7.18 Cr | Rs. 7.58 Cr | Rs. 9.23 Cr | + 21.77 % | + 28.55 % |
| Profit before tax | Rs. 50.23 Cr | Rs. 42.64 Cr | Rs. 60.07 Cr | + 40.88 % | + 19.59 % |
| Tax % | 24.69 % | 21.02 % | 26.35 % | + 5.33 % | + 1.66 % |
| Net Profit | Rs. 37.83 Cr | Rs. 33.68 Cr | Rs. 44.24 Cr | + 31.35 % | + 16.94 % |
| EPS in Rs | Rs. 2.62 | Rs. 2.28 | Rs. 3 | + 31.58 % | + 14.5 % |
Today, we’re looking at Gokul Agro Resources 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 49.21 %. However, it did see a marginal increase of 17.69 % from the previous quarter. Expenses ticked up slightly by 17.62 % quarter-on-quarter, aligning with the annual rise of 50.08 %. Operating profit, while up 20.65 % compared to last year, faced a quarter-on-quarter increase of 20.81 %, 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 -0.57 %, but an expansion of 0.06 % sequentially. Other income rose by 19.19 % compared to the last quarter, despite an annual growth of 34.38 %. Interest expenses dropped significantly by -3.66 % from the previous quarter, yet the year-over-year increase remains at a moderate 23.98 %. Depreciation costs climbed by 21.77 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 28.55 %. Profit before tax grew annually by 19.59 % but saw an increase from the preceding quarter by 40.88 %.
Tax expenses as a percentage of profits increased slightly by 1.66 % compared to last year, with a more notable quarter-on-quarter increase of 5.33 %. Net profit rose by 16.94 % year-on-year but experienced a 31.35 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 14.5 % but a quarterly rise of 31.58 %. In summary, Gokul Agro Resources 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. 2638.98 Cr | Rs. 3345.613 Cr | Rs. 3937.603 Cr | + 17.69 % | + 49.21 % |
| Expenses | Rs. 2560.73 Cr | Rs. 3267.46 Cr | Rs. 3843.19 Cr | + 17.62 % | + 50.08 % |
| Operating Profit | Rs. 78.25 Cr | Rs. 78.15 Cr | Rs. 94.41 Cr | + 20.81 % | + 20.65 % |
| Net Profit | Rs. 37.83 Cr | Rs. 33.68 Cr | Rs. 44.24 Cr | + 31.35 % | + 16.94 % |
| EPS in Rs | Rs. 2.62 | Rs. 2.28 | Rs. 3 | + 31.58 % | + 14.5 % |
In reviewing Gokul Agro Resources Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 49.21 % year-on-year growth, however, there was a minor increase of 17.69 % from the previous quarter. Expenses rose by 50.08 % compared to the previous year, with a 17.62 % increase quarter-on-quarter. Operating Profit surged by 20.65 % annually, and saw a 20.81 % increase from the last quarter.
Net Profit showed yearly increase of 16.94 %, and experienced a 31.35 % increase from the previous quarter. Earnings Per Share (EPS) rose by 14.5 % annually, however rose by 31.58 % compared to the last quarter. In essence, while Gokul Agro Resources 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.
