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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 27.47 % in the past year, substantial increase in net sales/revenue by 12.51 %.
- 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 17.65 %. Marginal decrease of -71.43% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Gujarat Containers Ltd.. Notable increase of 9.12 % in net profit Year to Year, Gujarat Containers Ltd.’s profitability increased by 23.79 % in this quarter.
- EPS over the Year and quarter: EPS increased by 8.96 % Year to Year. EPS increased by 23.73 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 31.906 Cr | Rs. 36.148 Cr | Rs. 40.671 Cr | + 12.51 % | + 27.47 % |
Expenses | Rs. 27.91 Cr | Rs. 32.7 Cr | Rs. 36.35 Cr | + 11.16 % | + 30.24 % |
Operating Profit | Rs. 4 Cr | Rs. 3.45 Cr | Rs. 4.32 Cr | + 25.22 % | + 8 % |
OPM % | 12.54 % | 9.54 % | 10.62 % | + 1.08 % | -1.92 % |
Other Income | Rs. 0.017 Cr | Rs. 0.07 Cr | Rs. 0.02 Cr | -71.43 % | + 17.65 % |
Interest | Rs. 0.49 Cr | Rs. 0.5 Cr | Rs. 0.48 Cr | -4 % | -2.04 % |
Depreciation | Rs. 0.38 Cr | Rs. 0.54 Cr | Rs. 0.45 Cr | -16.67 % | + 18.42 % |
Profit before tax | Rs. 3.15 Cr | Rs. 2.48 Cr | Rs. 3.41 Cr | + 37.5 % | + 8.25 % |
Tax % | 27.73 % | 19.31 % | 27.21 % | + 7.9 % | -0.52 % |
Net Profit | Rs. 2.27 Cr | Rs. 2 Cr | Rs. 2.48 Cr | + 24 % | + 9.25 % |
EPS in Rs | Rs. 4.02 | Rs. 3.54 | Rs. 4.38 | + 23.73 % | + 8.96 % |
Today, we’re looking at Gujarat Containers Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 27.47 %. However, it did see a marginal increase of 12.51 % from the previous quarter. Expenses ticked up slightly by 11.16 % quarter-on-quarter, aligning with the annual rise of 30.24 %. Operating profit, while up 8 % compared to last year, faced a quarter-on-quarter increase of 25.22 %, 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 -1.92 %, but an expansion of 1.08 % sequentially. Other income fell by -71.43 % compared to the last quarter, despite an annual growth of 17.65 %. Interest expenses dropped significantly by -4 % from the previous quarter, yet the year-over-year decrease remains at a moderate -2.04 %. Depreciation costs fell by -16.67 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 18.42 %. Profit before tax grew annually by 8.25 % but saw an increase from the preceding quarter by 37.5 %.
Tax expenses as a percentage of profits decreased slightly by -0.52 % compared to last year, with a more notable quarter-on-quarter increase of 7.9 %. Net profit rose by 9.25 % year-on-year but experienced a 24 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 8.96 % but a quarterly rise of 23.73 %. In summary, Gujarat Containers 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. 31.906 Cr | Rs. 36.148 Cr | Rs. 40.671 Cr | + 12.51 % | + 27.47 % |
Expenses | Rs. 27.91 Cr | Rs. 32.7 Cr | Rs. 36.35 Cr | + 11.16 % | + 30.24 % |
Operating Profit | Rs. 4 Cr | Rs. 3.45 Cr | Rs. 4.32 Cr | + 25.22 % | + 8 % |
Net Profit | Rs. 2.27 Cr | Rs. 2 Cr | Rs. 2.48 Cr | + 24 % | + 9.25 % |
EPS in Rs | Rs. 4.02 | Rs. 3.54 | Rs. 4.38 | + 23.73 % | + 8.96 % |
In reviewing Gujarat Containers Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 27.47 % year-on-year growth, however, there was a minor increase of 12.51 % from the previous quarter. Expenses rose by 30.24 % compared to the previous year, with a 11.16 % increase quarter-on-quarter. Operating Profit surged by 8 % annually, and saw a 25.22 % increase from the last quarter.
Net Profit showed yearly increase of 9.25 %, and experienced a 24 % increase from the previous quarter. Earnings Per Share (EPS) rose by 8.96 % annually, however rose by 23.73 % compared to the last quarter. In essence, while Gujarat Containers 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.
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