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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’s sales declined by -2.75 % over the year, substantial increase in net sales/revenue by 3.79 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -38.19 %, Marginal decrease of -50.79% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Gujarat Fluorochemicals Limited. Profit dropped by -46.31 % Year to Year, Gujarat Fluorochemicals Limited’s profitability increased by 6.96 % in this quarter.
- EPS over the Year and quarter: EPS declined by -46.42 % Year to Year. EPS increased by 6.75 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1209.26 Cr | Rs. 1133.03 Cr | Rs. 1176 Cr | + 3.79 % | -2.75 % |
Expenses | Rs. 861.35 Cr | Rs. 895.48 Cr | Rs. 914 Cr | + 2.07 % | + 6.11 % |
Operating Profit | Rs. 347.91 Cr | Rs. 237.55 Cr | Rs. 262 Cr | + 10.29 % | -24.69 % |
OPM % | 28.77 % | 20.97 % | 22.28 % | + 1.31 % | -6.49 % |
Other Income | Rs. 14.56 Cr | Rs. 18.29 Cr | Rs. 9 Cr | -50.79 % | -38.19 % |
Interest | Rs. 28 Cr | Rs. 33.67 Cr | Rs. 37 Cr | + 9.89 % | + 32.14 % |
Depreciation | Rs. 65.52 Cr | Rs. 81.15 Cr | Rs. 85 Cr | + 4.74 % | + 29.73 % |
Profit before tax | Rs. 268.95 Cr | Rs. 141.02 Cr | Rs. 149 Cr | + 5.66 % | -44.6 % |
Tax % | 25.21 % | 28.4 % | 27.52 % | -0.88 % | + 2.31 % |
Net Profit | Rs. 201.15 Cr | Rs. 100.97 Cr | Rs. 108 Cr | + 6.96 % | -46.31 % |
EPS in Rs | Rs. 18.31 | Rs. 9.19 | Rs. 9.81 | + 6.75 % | -46.42 % |
Today, we’re looking at Gujarat Fluorochemicals Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -2.75 %. However, it did see a marginal increase of 3.79 % from the previous quarter. Expenses ticked up slightly by 2.07 % quarter-on-quarter, aligning with the annual rise of 6.11 %. Operating profit, while down -24.69 % compared to last year, faced a quarter-on-quarter increase of 10.29 %, 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 -6.49 %, but an expansion of 1.31 % sequentially. Other income fell by -50.79 % compared to the last quarter, despite an annual decline of -38.19 %. Interest expenses surged remarkably by 9.89 % from the previous quarter, yet the year-over-year increase remains at a moderate 32.14 %. Depreciation costs climbed by 4.74 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 29.73 %. Profit before tax declined annually by -44.6 % but saw an increase from the preceding quarter by 5.66 %.
Tax expenses as a percentage of profits increased slightly by 2.31 % compared to last year, with a more notable quarter-on-quarter decrease of -0.88 %. Net profit fell by -46.31 % year-on-year but experienced a 6.96 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -46.42 % but a quarterly rise of 6.75 %. In summary, Gujarat Fluorochemicals 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. 1209.26 Cr | Rs. 1133.03 Cr | Rs. 1176 Cr | + 3.79 % | -2.75 % |
Expenses | Rs. 861.35 Cr | Rs. 895.48 Cr | Rs. 914 Cr | + 2.07 % | + 6.11 % |
Operating Profit | Rs. 347.91 Cr | Rs. 237.55 Cr | Rs. 262 Cr | + 10.29 % | -24.69 % |
Net Profit | Rs. 201.15 Cr | Rs. 100.97 Cr | Rs. 108 Cr | + 6.96 % | -46.31 % |
EPS in Rs | Rs. 18.31 | Rs. 9.19 | Rs. 9.81 | + 6.75 % | -46.42 % |
In reviewing Gujarat Fluorochemicals Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -2.75 % year-on-year, however, there was a minor increase of 3.79 % from the previous quarter. Expenses rose by 6.11 % compared to the previous year, with a 2.07 % increase quarter-on-quarter. Operating Profit dropped by -24.69 % annually, and saw a 10.29 % increase from the last quarter.
Net Profit showed yearly decrease of -46.31 %, and experienced a 6.96 % increase from the previous quarter. Earnings Per Share (EPS) fell by -46.42 % annually, however rose by 6.75 % compared to the last quarter. In essence, while Gujarat Fluorochemicals 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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