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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 7.05 % in the past year, decrease in net sales/revenue by -6.81 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -43 %, Marginal decrease of -32.59% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Gujarat Pipavav Port Limited. Profit dropped by -32.35 % Year to Year, Gujarat Pipavav Port Limited’s profitability dropped by -43.28 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -32.67 % Year to Year. EPS decreased by -43.33 % 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. 234.728 Cr | Rs. 269.63 Cr | Rs. 251.275 Cr | -6.81 % | + 7.05 % |
Expenses | Rs. 104.79 Cr | Rs. 110.32 Cr | Rs. 94.02 Cr | -14.78 % | -10.28 % |
Operating Profit | Rs. 129.94 Cr | Rs. 159.31 Cr | Rs. 157.26 Cr | -1.29 % | + 21.03 % |
OPM % | 55.36 % | 59.08 % | 62.58 % | + 3.5 % | + 7.22 % |
Other Income | Rs. 29.28 Cr | Rs. 24.76 Cr | Rs. 16.69 Cr | -32.59 % | -43 % |
Interest | Rs. 1.91 Cr | Rs. 2.02 Cr | Rs. 2.6 Cr | + 28.71 % | + 36.13 % |
Depreciation | Rs. 27.57 Cr | Rs. 29.18 Cr | Rs. 28.93 Cr | -0.86 % | + 4.93 % |
Profit before tax | Rs. 129.74 Cr | Rs. 152.87 Cr | Rs. 142.42 Cr | -6.84 % | + 9.77 % |
Tax % | 24.62 % | 24.97 % | 26.49 % | + 1.52 % | + 1.87 % |
Net Profit | Rs. 97.32 Cr | Rs. 116.06 Cr | Rs. 65.84 Cr | -43.27 % | -32.35 % |
EPS in Rs | Rs. 2.02 | Rs. 2.4 | Rs. 1.36 | -43.33 % | -32.67 % |
Today, we’re looking at Gujarat Pipavav Port Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 7.05 %. However, it did see a marginal slip of -6.81 % from the previous quarter. Expenses decreased slightly by -14.78 % quarter-on-quarter, aligning with the annual decline of -10.28 %. Operating profit, while up 21.03 % compared to last year, faced a quarter-on-quarter dip of -1.29 %, 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 7.22 %, but an expansion of 3.5 % sequentially. Other income fell by -32.59 % compared to the last quarter, despite an annual decline of -43 %. Interest expenses surged remarkably by 28.71 % from the previous quarter, yet the year-over-year increase remains at a moderate 36.13 %. Depreciation costs fell by -0.86 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 4.93 %. Profit before tax grew annually by 9.77 % but saw a reduction from the preceding quarter by -6.84 %.
Tax expenses as a percentage of profits increased slightly by 1.87 % compared to last year, with a more notable quarter-on-quarter increase of 1.52 %. Net profit fell by -32.35 % year-on-year but witnessed a -43.27 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -32.67 % but a quarterly fall of -43.33 %. In summary, Gujarat Pipavav Port 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. 234.728 Cr | Rs. 269.63 Cr | Rs. 251.275 Cr | -6.81 % | + 7.05 % |
Expenses | Rs. 104.79 Cr | Rs. 110.32 Cr | Rs. 94.02 Cr | -14.78 % | -10.28 % |
Operating Profit | Rs. 129.94 Cr | Rs. 159.31 Cr | Rs. 157.26 Cr | -1.29 % | + 21.03 % |
Net Profit | Rs. 97.32 Cr | Rs. 116.06 Cr | Rs. 65.84 Cr | -43.27 % | -32.35 % |
EPS in Rs | Rs. 2.02 | Rs. 2.4 | Rs. 1.36 | -43.33 % | -32.67 % |
In reviewing Gujarat Pipavav Port Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7.05 % year-on-year growth, although there was a slight dip of -6.81 % from the previous quarter. Expenses decreased by -10.28 % compared to the previous year, with a decrease of -14.78 % quarter-on-quarter. Operating Profit surged by 21.03 % annually, and saw a -1.29 % decrease from the last quarter.
Net Profit showed yearly decrease of -32.35 %, and experienced a -43.27 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -32.67 % annually, however dipped by -43.33 % compared to the last quarter. In essence, while Gujarat Pipavav Port 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.