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Gujarat Poly Electronics Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 5.79 % in YoY and increased by 14.37 % in QoQ

May 10, 2024May 10, 2024| adminadmin| 0 Comments| 3:35 pm
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 5.79 % in the past year, substantial increase in net sales/revenue by 14.37 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -84.62 %, Marginal increase in other income during this quarter, up by 37.5%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Gujarat Poly Electronics Limited. Profit dropped by -51.78 % Year to Year, Gujarat Poly Electronics Limited’s profitability increased by 82.7 % in this quarter.
  • EPS over the Year and quarter: EPS declined by -51.72 % Year to Year. EPS increased by 82.61 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Gujarat Poly Electronics Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 4.078 Cr Rs. 3.772 Cr Rs. 4.314 Cr + 14.37 % + 5.79 %
Expenses Rs. 3.96 Cr Rs. 3.48 Cr Rs. 4.07 Cr + 16.95 % + 2.78 %
Operating Profit Rs. 0.12 Cr Rs. 0.29 Cr Rs. 0.24 Cr -17.24 % + 100 %
OPM % 2.94 % 7.69 % 5.56 % -2.13 % + 2.62 %
Other Income Rs. 1.43 Cr Rs. 0.16 Cr Rs. 0.22 Cr + 37.5 % -84.62 %
Interest Rs. 0 Cr Rs. 0.01 Cr Rs. 0.01 Cr + 0 % 0 %
Depreciation Rs. 0.06 Cr Rs. 0.05 Cr Rs. 0.05 Cr + 0 % -16.67 %
Profit before tax Rs. 1.49 Cr Rs. 0.39 Cr Rs. 0.4 Cr + 2.56 % -73.15 %
Tax % 0 % 0 % 78.61 % + 78.61 % + 78.61 %
Net Profit Rs. 1.49 Cr Rs. 0.39 Cr Rs. 0.72 Cr + 84.62 % -51.68 %
EPS in Rs Rs. 1.74 Rs. 0.46 Rs. 0.84 + 82.61 % -51.72 %


Today, we’re looking at Gujarat Poly Electronics 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 5.79 %. However, it did see a marginal increase of 14.37 % from the previous quarter. Expenses ticked up slightly by 16.95 % quarter-on-quarter, aligning with the annual rise of 2.78 %. Operating profit, while up 100 % compared to last year, faced a quarter-on-quarter dip of -17.24 %, 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 2.62 %, but a shrinkage of -2.13 % sequentially. Other income rose by 37.5 % compared to the last quarter, despite an annual decline of -84.62 %. Interest expenses surged remarkably by 0 % from the previous quarter, Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -16.67 %. Profit before tax declined annually by -73.15 % but saw an increase from the preceding quarter by 2.56 %.
Tax expenses as a percentage of profits increased slightly by 78.61 % compared to last year, with a more notable quarter-on-quarter increase of 78.61 %. Net profit fell by -51.68 % year-on-year but experienced a 84.62 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -51.72 % but a quarterly rise of 82.61 %. In summary, Gujarat Poly Electronics 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. 4.078 Cr Rs. 3.772 Cr Rs. 4.314 Cr + 14.37 % + 5.79 %
Expenses Rs. 3.96 Cr Rs. 3.48 Cr Rs. 4.07 Cr + 16.95 % + 2.78 %
Operating Profit Rs. 0.12 Cr Rs. 0.29 Cr Rs. 0.24 Cr -17.24 % + 100 %
Net Profit Rs. 1.49 Cr Rs. 0.39 Cr Rs. 0.72 Cr + 84.62 % -51.68 %
EPS in Rs Rs. 1.74 Rs. 0.46 Rs. 0.84 + 82.61 % -51.72 %


In reviewing Gujarat Poly Electronics Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 5.79 % year-on-year growth, however, there was a minor increase of 14.37 % from the previous quarter. Expenses rose by 2.78 % compared to the previous year, with a 16.95 % increase quarter-on-quarter. Operating Profit surged by 100 % annually, and saw a -17.24 % decrease from the last quarter.
Net Profit showed yearly decrease of -51.68 %, and experienced a 84.62 % increase from the previous quarter. Earnings Per Share (EPS) fell by -51.72 % annually, however rose by 82.61 % compared to the last quarter. In essence, while Gujarat Poly Electronics 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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