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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 22.21 % in the past year, decrease in net sales/revenue by -16.42 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is %,
- Profit over the Year and quarter: Challenges in sustaining profitability for Gujarat Cotex Ltd. Profit dropped by -108.24 % Year to Year, Gujarat Cotex Ltd’s profitability dropped by -92.05 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -116.67 % Year to Year. EPS decreased by -83.33 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 3.003 Cr | Rs. 4.391 Cr | Rs. 3.67 Cr | -16.42 % | + 22.21 % |
Expenses | Rs. 3.05 Cr | Rs. 4.3 Cr | Rs. 3.63 Cr | -15.58 % | + 19.02 % |
Operating Profit | Rs. -0.05 Cr | Rs. 0.09 Cr | Rs. 0.04 Cr | -55.56 % | + 180 % |
OPM % | -1.67 % | 2.05 % | 1.09 % | -0.96 % | + 2.76 % |
Other Income | Rs. -0.01 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.04 Cr | Rs. 0 Cr | Rs. 0.03 Cr | 0 % | -25 % |
Profit before tax | Rs. -0.1 Cr | Rs. 0.09 Cr | Rs. 0.01 Cr | -88.89 % | + 110 % |
Tax % | -8.97 % | 0 % | 0 % | 0 % | + 8.97 % |
Net Profit | Rs. -0.09 Cr | Rs. 0.09 Cr | Rs. 0.01 Cr | -88.89 % | + 111.11 % |
EPS in Rs | Rs. -0.06 | Rs. 0.06 | Rs. 0.01 | -83.33 % | + 116.67 % |
Today, we’re looking at Gujarat Cotex 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 22.21 %. However, it did see a marginal slip of -16.42 % from the previous quarter. Expenses decreased slightly by -15.58 % quarter-on-quarter, aligning with the annual rise of 19.02 %. Operating profit, while up 180 % compared to last year, faced a quarter-on-quarter dip of -55.56 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2.76 %, but a shrinkage of -0.96 % sequentially. yet on an annual scale, they experienced a reduction of -25 %. Profit before tax grew annually by 110 % but saw a reduction from the preceding quarter by -88.89 %.
Tax expenses as a percentage of profits increased slightly by 8.97 % compared to last year, Net profit rose by 111.11 % year-on-year but witnessed a -88.89 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 116.67 % but a quarterly fall of -83.33 %. In summary, Gujarat Cotex 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. 3.003 Cr | Rs. 4.391 Cr | Rs. 3.67 Cr | -16.42 % | + 22.21 % |
Expenses | Rs. 3.05 Cr | Rs. 4.3 Cr | Rs. 3.63 Cr | -15.58 % | + 19.02 % |
Operating Profit | Rs. -0.05 Cr | Rs. 0.09 Cr | Rs. 0.04 Cr | -55.56 % | + 180 % |
Net Profit | Rs. -0.09 Cr | Rs. 0.09 Cr | Rs. 0.01 Cr | -88.89 % | + 111.11 % |
EPS in Rs | Rs. -0.06 | Rs. 0.06 | Rs. 0.01 | -83.33 % | + 116.67 % |
In reviewing Gujarat Cotex Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 22.21 % year-on-year growth, although there was a slight dip of -16.42 % from the previous quarter. Expenses rose by 19.02 % compared to the previous year, with a decrease of -15.58 % quarter-on-quarter. Operating Profit surged by 180 % annually, and saw a -55.56 % decrease from the last quarter.
Net Profit showed yearly increase of 111.11 %, and experienced a -88.89 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 116.67 % annually, however dipped by -83.33 % compared to the last quarter. In essence, while Gujarat Cotex Ltd exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.