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GRP : Q4 2024 Financial Quarterly Report : YoY Sales Up 44.38 %, QoQ Up 25.76 %

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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 44.38 % in the past year, substantial increase in net sales/revenue by 25.76 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -85.34 %, Marginal decrease of -64.58% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for GRP Limited. Notable increase of 323.97 % in net profit Year to Year, GRP Limited’s profitability increased by 170.69 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 324.13 % Year to Year. EPS increased by 170.69 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of GRP Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 95.544 Cr Rs. 109.688 Cr Rs. 137.942 Cr + 25.76 % + 44.38 %
Expenses Rs. 89.71 Cr Rs. 99.27 Cr Rs. 115.23 Cr + 16.08 % + 28.45 %
Operating Profit Rs. 5.83 Cr Rs. 10.42 Cr Rs. 22.71 Cr + 117.95 % + 289.54 %
OPM % 6.1 % 9.5 % 16.46 % + 6.96 % + 10.36 %
Other Income Rs. 1.16 Cr Rs. 0.48 Cr Rs. 0.17 Cr -64.58 % -85.34 %
Interest Rs. 1.78 Cr Rs. 1.91 Cr Rs. 1.69 Cr -11.52 % -5.06 %
Depreciation Rs. 2.93 Cr Rs. 3.28 Cr Rs. 3.44 Cr + 4.88 % + 17.41 %
Profit before tax Rs. 2.28 Cr Rs. 5.71 Cr Rs. 17.75 Cr + 210.86 % + 678.51 %
Tax % 20.12 % 24.5 % 23.99 % -0.51 % + 3.87 %
Net Profit Rs. 2.75 Cr Rs. 4.31 Cr Rs. 11.67 Cr + 170.77 % + 324.36 %
EPS in Rs Rs. 20.64 Rs. 32.34 Rs. 87.54 + 170.69 % + 324.13 %


Today, we’re looking at GRP Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 44.38 %. However, it did see a marginal increase of 25.76 % from the previous quarter. Expenses ticked up slightly by 16.08 % quarter-on-quarter, aligning with the annual rise of 28.45 %. Operating profit, while up 289.54 % compared to last year, faced a quarter-on-quarter increase of 117.95 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 10.36 %, but an expansion of 6.96 % sequentially. Other income fell by -64.58 % compared to the last quarter, despite an annual decline of -85.34 %. Interest expenses dropped significantly by -11.52 % from the previous quarter, yet the year-over-year decrease remains at a moderate -5.06 %. Depreciation costs climbed by 4.88 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 17.41 %. Profit before tax grew annually by 678.51 % but saw an increase from the preceding quarter by 210.86 %.
Tax expenses as a percentage of profits increased slightly by 3.87 % compared to last year, with a more notable quarter-on-quarter decrease of -0.51 %. Net profit rose by 324.36 % year-on-year but experienced a 170.77 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 324.13 % but a quarterly rise of 170.69 %. In summary, GRP 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. 95.544 Cr Rs. 109.688 Cr Rs. 137.942 Cr + 25.76 % + 44.38 %
Expenses Rs. 89.71 Cr Rs. 99.27 Cr Rs. 115.23 Cr + 16.08 % + 28.45 %
Operating Profit Rs. 5.83 Cr Rs. 10.42 Cr Rs. 22.71 Cr + 117.95 % + 289.54 %
Net Profit Rs. 2.75 Cr Rs. 4.31 Cr Rs. 11.67 Cr + 170.77 % + 324.36 %
EPS in Rs Rs. 20.64 Rs. 32.34 Rs. 87.54 + 170.69 % + 324.13 %


In reviewing GRP Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 44.38 % year-on-year growth, however, there was a minor increase of 25.76 % from the previous quarter. Expenses rose by 28.45 % compared to the previous year, with a 16.08 % increase quarter-on-quarter. Operating Profit surged by 289.54 % annually, and saw a 117.95 % increase from the last quarter.
Net Profit showed yearly increase of 324.36 %, and experienced a 170.77 % increase from the previous quarter. Earnings Per Share (EPS) rose by 324.13 % annually, however rose by 170.69 % compared to the last quarter. In essence, while GRP Limited 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.

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