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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -21.7 % over the year, decrease in net sales/revenue by -7.58 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -51.26 %, Marginal decrease of -48.53% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Gujarat Themis Biosyn Ltd.. Profit dropped by -25.31 % Year to Year, Gujarat Themis Biosyn Ltd.’s profitability dropped by -16.68 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -85.08 % Year to Year. EPS decreased by -16.89 % 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. 49.588 Cr | Rs. 42.011 Cr | Rs. 38.827 Cr | -7.58 % | -21.7 % |
Expenses | Rs. 26.08 Cr | Rs. 21.08 Cr | Rs. 20.27 Cr | -3.84 % | -22.28 % |
Operating Profit | Rs. 23.51 Cr | Rs. 20.93 Cr | Rs. 18.56 Cr | -11.32 % | -21.05 % |
OPM % | 47.41 % | 49.82 % | 47.8 % | -2.02 % | + 0.39 % |
Other Income | Rs. 1.075 Cr | Rs. 1.018 Cr | Rs. 0.524 Cr | -48.53 % | -51.26 % |
Interest | Rs. 0.03 Cr | Rs. 0.08 Cr | Rs. 0.07 Cr | -12.5 % | + 133.33 % |
Depreciation | Rs. 0.75 Cr | Rs. 0.93 Cr | Rs. 1.15 Cr | + 23.66 % | + 53.33 % |
Profit before tax | Rs. 23.81 Cr | Rs. 20.94 Cr | Rs. 17.86 Cr | -14.71 % | -24.99 % |
Tax % | 25.56 % | 24.17 % | 25.89 % | + 1.72 % | + 0.33 % |
Net Profit | Rs. 17.72 Cr | Rs. 15.89 Cr | Rs. 13.24 Cr | -16.68 % | -25.28 % |
EPS in Rs | Rs. 12.2 | Rs. 2.19 | Rs. 1.82 | -16.89 % | -85.08 % |
Today, we’re looking at Gujarat Themis Biosyn Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -21.7 %. However, it did see a marginal slip of -7.58 % from the previous quarter. Expenses decreased slightly by -3.84 % quarter-on-quarter, aligning with the annual decline of -22.28 %. Operating profit, while down -21.05 % compared to last year, faced a quarter-on-quarter dip of -11.32 %, 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 0.39 %, but a shrinkage of -2.02 % sequentially. Other income fell by -48.53 % compared to the last quarter, despite an annual decline of -51.26 %. Interest expenses dropped significantly by -12.5 % from the previous quarter, yet the year-over-year increase remains at a moderate 133.33 %. Depreciation costs climbed by 23.66 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 53.33 %. Profit before tax declined annually by -24.99 % but saw a reduction from the preceding quarter by -14.71 %.
Tax expenses as a percentage of profits increased slightly by 0.33 % compared to last year, with a more notable quarter-on-quarter increase of 1.72 %. Net profit fell by -25.28 % year-on-year but witnessed a -16.68 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -85.08 % but a quarterly fall of -16.89 %. In summary, Gujarat Themis Biosyn 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. 49.588 Cr | Rs. 42.011 Cr | Rs. 38.827 Cr | -7.58 % | -21.7 % |
Expenses | Rs. 26.08 Cr | Rs. 21.08 Cr | Rs. 20.27 Cr | -3.84 % | -22.28 % |
Operating Profit | Rs. 23.51 Cr | Rs. 20.93 Cr | Rs. 18.56 Cr | -11.32 % | -21.05 % |
Net Profit | Rs. 17.72 Cr | Rs. 15.89 Cr | Rs. 13.24 Cr | -16.68 % | -25.28 % |
EPS in Rs | Rs. 12.2 | Rs. 2.19 | Rs. 1.82 | -16.89 % | -85.08 % |
In reviewing Gujarat Themis Biosyn Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -21.7 % year-on-year, although there was a slight dip of -7.58 % from the previous quarter. Expenses decreased by -22.28 % compared to the previous year, with a decrease of -3.84 % quarter-on-quarter. Operating Profit dropped by -21.05 % annually, and saw a -11.32 % decrease from the last quarter.
Net Profit showed yearly decrease of -25.28 %, and experienced a -16.68 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -85.08 % annually, however dipped by -16.89 % compared to the last quarter. In essence, while Gujarat Themis Biosyn 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.
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