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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 18.36 % in the past year, decrease in net sales/revenue by -23.07 %.
- 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 3300 %. Marginal decrease of -73.54% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for GOYAL ALUMINIUMS LIMITED. Profit dropped by -8.96 % Year to Year, GOYAL ALUMINIUMS LIMITED’s profitability increased by 6.9 % in this quarter.
- EPS over the Year and quarter: EPS declined by -20.00 % Year to Year. EPS increased by 0 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 16.24 Cr | Rs. 24.985 Cr | Rs. 19.221 Cr | -23.07 % | + 18.36 % |
Expenses | Rs. 15.34 Cr | Rs. 24.43 Cr | Rs. 18.53 Cr | -24.15 % | + 20.8 % |
Operating Profit | Rs. 0.9 Cr | Rs. 0.56 Cr | Rs. 0.69 Cr | + 23.21 % | -23.33 % |
OPM % | 5.54 % | 2.24 % | 3.59 % | + 1.35 % | -1.95 % |
Other Income | Rs. 0.002 Cr | Rs. 0.257 Cr | Rs. 0.068 Cr | -73.54 % | + 3300 % |
Interest | Rs. 0.09 Cr | Rs. 0 Cr | Rs. 0.04 Cr | 0 % | -55.56 % |
Depreciation | Rs. 0.05 Cr | Rs. 0.13 Cr | Rs. 0.06 Cr | -53.85 % | + 20 % |
Profit before tax | Rs. 0.76 Cr | Rs. 0.69 Cr | Rs. 0.66 Cr | -4.35 % | -13.16 % |
Tax % | 15.43 % | 27.34 % | 25.23 % | -2.11 % | + 9.8 % |
Net Profit | Rs. 0.68 Cr | Rs. 0.58 Cr | Rs. 0.62 Cr | + 6.9 % | -8.82 % |
EPS in Rs | Rs. 0.05 | Rs. 0.04 | Rs. 0.04 | + 0 % | -20 % |
Today, we’re looking at GOYAL ALUMINIUMS LIMITED’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 18.36 %. However, it did see a marginal slip of -23.07 % from the previous quarter. Expenses decreased slightly by -24.15 % quarter-on-quarter, aligning with the annual rise of 20.8 %. Operating profit, while down -23.33 % compared to last year, faced a quarter-on-quarter increase of 23.21 %, 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 -1.95 %, but an expansion of 1.35 % sequentially. Other income fell by -73.54 % compared to the last quarter, despite an annual growth of 3300 %. yet the year-over-year decrease remains at a moderate -55.56 %. Depreciation costs fell by -53.85 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 20 %. Profit before tax declined annually by -13.16 % but saw a reduction from the preceding quarter by -4.35 %.
Tax expenses as a percentage of profits increased slightly by 9.8 % compared to last year, with a more notable quarter-on-quarter decrease of -2.11 %. Net profit fell by -8.82 % year-on-year but experienced a 6.9 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -20 % but a quarterly rise of 0 %. In summary, GOYAL ALUMINIUMS 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. 16.24 Cr | Rs. 24.985 Cr | Rs. 19.221 Cr | -23.07 % | + 18.36 % |
Expenses | Rs. 15.34 Cr | Rs. 24.43 Cr | Rs. 18.53 Cr | -24.15 % | + 20.8 % |
Operating Profit | Rs. 0.9 Cr | Rs. 0.56 Cr | Rs. 0.69 Cr | + 23.21 % | -23.33 % |
Net Profit | Rs. 0.68 Cr | Rs. 0.58 Cr | Rs. 0.62 Cr | + 6.9 % | -8.82 % |
EPS in Rs | Rs. 0.05 | Rs. 0.04 | Rs. 0.04 | + 0 % | -20 % |
In reviewing GOYAL ALUMINIUMS LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 18.36 % year-on-year growth, although there was a slight dip of -23.07 % from the previous quarter. Expenses rose by 20.8 % compared to the previous year, with a decrease of -24.15 % quarter-on-quarter. Operating Profit dropped by -23.33 % annually, and saw a 23.21 % increase from the last quarter.
Net Profit showed yearly decrease of -8.82 %, and experienced a 6.9 % increase from the previous quarter. Earnings Per Share (EPS) fell by -20 % annually, however rose by 0 % compared to the last quarter. In essence, while GOYAL ALUMINIUMS LIMITED 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.
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