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Highlights
- Sales over the Year and quarter: The company’s sales declined by -17.56 % over the year, decrease in net sales/revenue by -2.12 %.
- 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 94.76 %. Marginal decrease of -35.22% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Gujarat State Fertilizers & Chem.Ltd. Profit dropped by -89.14 % Year to Year, Gujarat State Fertilizers & Chem.Ltd’s profitability dropped by -79.29 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -88.85 % Year to Year. EPS decreased by -78.79 % 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. 2383.87 Cr | Rs. 2007.75 Cr | Rs. 1965.25 Cr | -2.12 % | -17.56 % |
Expenses | Rs. 2057.77 Cr | Rs. 1900.14 Cr | Rs. 1939.39 Cr | + 2.07 % | -5.75 % |
Operating Profit | Rs. 326.1 Cr | Rs. 107.61 Cr | Rs. 25.86 Cr | -75.97 % | -92.07 % |
OPM % | 13.68 % | 5.36 % | 1.32 % | -4.04 % | -12.36 % |
Other Income | Rs. 27.69 Cr | Rs. 83.25 Cr | Rs. 53.93 Cr | -35.22 % | + 94.76 % |
Interest | Rs. 3.11 Cr | Rs. 0.68 Cr | Rs. 7.03 Cr | + 933.82 % | + 126.05 % |
Depreciation | Rs. 44.86 Cr | Rs. 45.99 Cr | Rs. 46.6 Cr | + 1.33 % | + 3.88 % |
Profit before tax | Rs. 305.82 Cr | Rs. 144.19 Cr | Rs. 26.16 Cr | -81.86 % | -91.45 % |
Tax % | 26.32 % | 18.42 % | 7.08 % | -11.34 % | -19.24 % |
Net Profit | Rs. 224.91 Cr | Rs. 117.99 Cr | Rs. 24.43 Cr | -79.29 % | -89.14 % |
EPS in Rs | Rs. 5.65 | Rs. 2.97 | Rs. 0.63 | -78.79 % | -88.85 % |
Today, we’re looking at Gujarat State Fertilizers & Chem.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 -17.56 %. However, it did see a marginal slip of -2.12 % from the previous quarter. Expenses ticked up slightly by 2.07 % quarter-on-quarter, aligning with the annual decline of -5.75 %. Operating profit, while down -92.07 % compared to last year, faced a quarter-on-quarter dip of -75.97 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -12.36 %, but a shrinkage of -4.04 % sequentially. Other income fell by -35.22 % compared to the last quarter, despite an annual growth of 94.76 %. Interest expenses surged remarkably by 933.82 % from the previous quarter, yet the year-over-year increase remains at a moderate 126.05 %. Depreciation costs climbed by 1.33 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.88 %. Profit before tax declined annually by -91.45 % but saw a reduction from the preceding quarter by -81.86 %.
Tax expenses as a percentage of profits decreased slightly by -19.24 % compared to last year, with a more notable quarter-on-quarter decrease of -11.34 %. Net profit fell by -89.14 % year-on-year but witnessed a -79.29 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -88.85 % but a quarterly fall of -78.79 %. In summary, Gujarat State Fertilizers & Chem.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. 2383.87 Cr | Rs. 2007.75 Cr | Rs. 1965.25 Cr | -2.12 % | -17.56 % |
Expenses | Rs. 2057.77 Cr | Rs. 1900.14 Cr | Rs. 1939.39 Cr | + 2.07 % | -5.75 % |
Operating Profit | Rs. 326.1 Cr | Rs. 107.61 Cr | Rs. 25.86 Cr | -75.97 % | -92.07 % |
Net Profit | Rs. 224.91 Cr | Rs. 117.99 Cr | Rs. 24.43 Cr | -79.29 % | -89.14 % |
EPS in Rs | Rs. 5.65 | Rs. 2.97 | Rs. 0.63 | -78.79 % | -88.85 % |
In reviewing Gujarat State Fertilizers & Chem.Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -17.56 % year-on-year, although there was a slight dip of -2.12 % from the previous quarter. Expenses decreased by -5.75 % compared to the previous year, with a 2.07 % increase quarter-on-quarter. Operating Profit dropped by -92.07 % annually, and saw a -75.97 % decrease from the last quarter.
Net Profit showed yearly decrease of -89.14 %, and experienced a -79.29 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -88.85 % annually, however dipped by -78.79 % compared to the last quarter. In essence, while Gujarat State Fertilizers & Chem.Ltd faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.