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Highlights
- Sales over the Year and quarter: The company’s sales declined by -7.09 % over the year, substantial increase in net sales/revenue by 1.05 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -11.2 %, Marginal decrease of -9.76% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Gujarat Narmada Valley Fert.Co.Ltd. Profit dropped by -61.31 % Year to Year, Gujarat Narmada Valley Fert.Co.Ltd’s profitability increased by 34.02 % in this quarter.
- EPS over the Year and quarter: EPS declined by -59.23 % Year to Year. EPS increased by 40.32 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 2271 Cr | Rs. 2088 Cr | Rs. 2110 Cr | + 1.05 % | -7.09 % |
Expenses | Rs. 1902 Cr | Rs. 2004 Cr | Rs. 1965 Cr | -1.95 % | + 3.31 % |
Operating Profit | Rs. 369 Cr | Rs. 84 Cr | Rs. 145 Cr | + 72.62 % | -60.7 % |
OPM % | 16.25 % | 4.02 % | 6.87 % | + 2.85 % | -9.38 % |
Other Income | Rs. 125 Cr | Rs. 123 Cr | Rs. 111 Cr | -9.76 % | -11.2 % |
Interest | Rs. 1 Cr | Rs. 7 Cr | Rs. 4 Cr | -42.86 % | + 300 % |
Depreciation | Rs. 74 Cr | Rs. 76 Cr | Rs. 78 Cr | + 2.63 % | + 5.41 % |
Profit before tax | Rs. 419 Cr | Rs. 124 Cr | Rs. 174 Cr | + 40.32 % | -58.47 % |
Tax % | 19.9 % | 22.13 % | 25.73 % | + 3.6 % | + 5.83 % |
Net Profit | Rs. 336 Cr | Rs. 97 Cr | Rs. 130 Cr | + 34.02 % | -61.31 % |
EPS in Rs | Rs. 21.68 | Rs. 6.3 | Rs. 8.84 | + 40.32 % | -59.23 % |
Today, we’re looking at Gujarat Narmada Valley Fert.Co.Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -7.09 %. However, it did see a marginal increase of 1.05 % from the previous quarter. Expenses decreased slightly by -1.95 % quarter-on-quarter, aligning with the annual rise of 3.31 %. Operating profit, while down -60.7 % compared to last year, faced a quarter-on-quarter increase of 72.62 %, 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 -9.38 %, but an expansion of 2.85 % sequentially. Other income fell by -9.76 % compared to the last quarter, despite an annual decline of -11.2 %. Interest expenses dropped significantly by -42.86 % from the previous quarter, yet the year-over-year increase remains at a moderate 300 %. Depreciation costs climbed by 2.63 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 5.41 %. Profit before tax declined annually by -58.47 % but saw an increase from the preceding quarter by 40.32 %.
Tax expenses as a percentage of profits increased slightly by 5.83 % compared to last year, with a more notable quarter-on-quarter increase of 3.6 %. Net profit fell by -61.31 % year-on-year but experienced a 34.02 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -59.23 % but a quarterly rise of 40.32 %. In summary, Gujarat Narmada Valley Fert.Co.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. 2271 Cr | Rs. 2088 Cr | Rs. 2110 Cr | + 1.05 % | -7.09 % |
Expenses | Rs. 1902 Cr | Rs. 2004 Cr | Rs. 1965 Cr | -1.95 % | + 3.31 % |
Operating Profit | Rs. 369 Cr | Rs. 84 Cr | Rs. 145 Cr | + 72.62 % | -60.7 % |
Net Profit | Rs. 336 Cr | Rs. 97 Cr | Rs. 130 Cr | + 34.02 % | -61.31 % |
EPS in Rs | Rs. 21.68 | Rs. 6.3 | Rs. 8.84 | + 40.32 % | -59.23 % |
In reviewing Gujarat Narmada Valley Fert.Co.Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -7.09 % year-on-year, however, there was a minor increase of 1.05 % from the previous quarter. Expenses rose by 3.31 % compared to the previous year, with a decrease of -1.95 % quarter-on-quarter. Operating Profit dropped by -60.7 % annually, and saw a 72.62 % increase from the last quarter.
Net Profit showed yearly decrease of -61.31 %, and experienced a 34.02 % increase from the previous quarter. Earnings Per Share (EPS) fell by -59.23 % annually, however rose by 40.32 % compared to the last quarter. In essence, while Gujarat Narmada Valley Fert.Co.Ltd 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.