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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 experienced a substantial growth of 22.34 % in the past year, decrease in net sales/revenue by -4.22 %.
- 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 12.5 %. Marginal decrease of -8.33% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Gujarat Narmada Valley Fertilizers and Chemicals Limited. Notable increase of 34.09 % in net profit Year to Year, Gujarat Narmada Valley Fertilizers and Chemicals Limited’s profitability dropped by -9.23 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 41.37 % Year to Year. EPS decreased by -9.16 % 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. 1652 Cr | Rs. 2110 Cr | Rs. 2021 Cr | -4.22 % | + 22.34 % |
Expenses | Rs. 1547 Cr | Rs. 1965 Cr | Rs. 1868 Cr | -4.94 % | + 20.75 % |
Operating Profit | Rs. 105 Cr | Rs. 145 Cr | Rs. 153 Cr | + 5.52 % | + 45.71 % |
OPM % | 6.36 % | 6.87 % | 7.57 % | + 0.7 % | + 1.21 % |
Other Income | Rs. 88 Cr | Rs. 108 Cr | Rs. 99 Cr | -8.33 % | + 12.5 % |
Interest | Rs. 1 Cr | Rs. 4 Cr | Rs. 17 Cr | + 325 % | + 1600 % |
Depreciation | Rs. 76 Cr | Rs. 78 Cr | Rs. 78 Cr | + 0 % | + 2.63 % |
Profit before tax | Rs. 116 Cr | Rs. 171 Cr | Rs. 157 Cr | -8.19 % | + 35.34 % |
Tax % | 26.72 % | 25.73 % | 26.75 % | + 1.02 % | + 0.03 % |
Net Profit | Rs. 88 Cr | Rs. 130 Cr | Rs. 118 Cr | -9.23 % | + 34.09 % |
EPS in Rs | Rs. 5.68 | Rs. 8.84 | Rs. 8.03 | -9.16 % | + 41.37 % |
Today, we’re looking at Gujarat Narmada Valley Fertilizers and Chemicals Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 22.34 %. However, it did see a marginal slip of -4.22 % from the previous quarter. Expenses decreased slightly by -4.94 % quarter-on-quarter, aligning with the annual rise of 20.75 %. Operating profit, while up 45.71 % compared to last year, faced a quarter-on-quarter increase of 5.52 %, 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 1.21 %, but an expansion of 0.7 % sequentially. Other income fell by -8.33 % compared to the last quarter, despite an annual growth of 12.5 %. Interest expenses surged remarkably by 325 % from the previous quarter, yet the year-over-year increase remains at a moderate 1600 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 2.63 %. Profit before tax grew annually by 35.34 % but saw a reduction from the preceding quarter by -8.19 %.
Tax expenses as a percentage of profits increased slightly by 0.03 % compared to last year, with a more notable quarter-on-quarter increase of 1.02 %. Net profit rose by 34.09 % year-on-year but witnessed a -9.23 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 41.37 % but a quarterly fall of -9.16 %. In summary, Gujarat Narmada Valley Fertilizers and Chemicals 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. 1652 Cr | Rs. 2110 Cr | Rs. 2021 Cr | -4.22 % | + 22.34 % |
Expenses | Rs. 1547 Cr | Rs. 1965 Cr | Rs. 1868 Cr | -4.94 % | + 20.75 % |
Operating Profit | Rs. 105 Cr | Rs. 145 Cr | Rs. 153 Cr | + 5.52 % | + 45.71 % |
Net Profit | Rs. 88 Cr | Rs. 130 Cr | Rs. 118 Cr | -9.23 % | + 34.09 % |
EPS in Rs | Rs. 5.68 | Rs. 8.84 | Rs. 8.03 | -9.16 % | + 41.37 % |
In reviewing Gujarat Narmada Valley Fertilizers and Chemicals Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 22.34 % year-on-year growth, although there was a slight dip of -4.22 % from the previous quarter. Expenses rose by 20.75 % compared to the previous year, with a decrease of -4.94 % quarter-on-quarter. Operating Profit surged by 45.71 % annually, and saw a 5.52 % increase from the last quarter.
Net Profit showed yearly increase of 34.09 %, and experienced a -9.23 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 41.37 % annually, however dipped by -9.16 % compared to the last quarter. In essence, while Gujarat Narmada Valley Fertilizers and Chemicals Limited 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.
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