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India Glycols : Q4 2024 Financial Quarterly Report : YoY Sales Up 26.21 %, QoQ Down 3.77 %

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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 26.21 % in the past year, decrease in net sales/revenue by -3.77 %.
  • 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 67.65 %. Marginal increase in other income during this quarter, up by 4.42%.
  • Profit over the Year and quarter: Significant improvement in profitability for India Glycols Ltd. Notable increase of 5.95 % in net profit Year to Year, India Glycols Ltd’s profitability increased by 1.39 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 5.91 % Year to Year. EPS increased by 1.34 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of India Glycols Ltd”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. 1615.65 Cr Rs. 2118.94 Cr Rs. 2039.08 Cr -3.77 % + 26.21 %
Expenses Rs. 1519.64 Cr Rs. 2016.68 Cr Rs. 1934.5 Cr -4.08 % + 27.3 %
Operating Profit Rs. 96.01 Cr Rs. 102.26 Cr Rs. 104.58 Cr + 2.27 % + 8.93 %
OPM % 5.94 % 4.83 % 5.13 % + 0.3 % -0.81 %
Other Income Rs. 5.78 Cr Rs. 9.28 Cr Rs. 9.69 Cr + 4.42 % + 67.65 %
Interest Rs. 26.43 Cr Rs. 31.41 Cr Rs. 32.63 Cr + 3.88 % + 23.46 %
Depreciation Rs. 29.72 Cr Rs. 26.24 Cr Rs. 26.04 Cr -0.76 % -12.38 %
Profit before tax Rs. 45.64 Cr Rs. 53.89 Cr Rs. 55.6 Cr + 3.17 % + 21.82 %
Tax % 13.08 % 24.94 % 26.48 % + 1.54 % + 13.4 %
Net Profit Rs. 39.84 Cr Rs. 41.63 Cr Rs. 42.21 Cr + 1.39 % + 5.95 %
EPS in Rs Rs. 12.87 Rs. 13.45 Rs. 13.63 + 1.34 % + 5.91 %


Today, we’re looking at India Glycols Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 26.21 %. However, it did see a marginal slip of -3.77 % from the previous quarter. Expenses decreased slightly by -4.08 % quarter-on-quarter, aligning with the annual rise of 27.3 %. Operating profit, while up 8.93 % compared to last year, faced a quarter-on-quarter increase of 2.27 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.81 %, but an expansion of 0.3 % sequentially. Other income rose by 4.42 % compared to the last quarter, despite an annual growth of 67.65 %. Interest expenses surged remarkably by 3.88 % from the previous quarter, yet the year-over-year increase remains at a moderate 23.46 %. Depreciation costs fell by -0.76 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -12.38 %. Profit before tax grew annually by 21.82 % but saw an increase from the preceding quarter by 3.17 %.
Tax expenses as a percentage of profits increased slightly by 13.4 % compared to last year, with a more notable quarter-on-quarter increase of 1.54 %. Net profit rose by 5.95 % year-on-year but experienced a 1.39 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 5.91 % but a quarterly rise of 1.34 %. In summary, India Glycols 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. 1615.65 Cr Rs. 2118.94 Cr Rs. 2039.08 Cr -3.77 % + 26.21 %
Expenses Rs. 1519.64 Cr Rs. 2016.68 Cr Rs. 1934.5 Cr -4.08 % + 27.3 %
Operating Profit Rs. 96.01 Cr Rs. 102.26 Cr Rs. 104.58 Cr + 2.27 % + 8.93 %
Net Profit Rs. 39.84 Cr Rs. 41.63 Cr Rs. 42.21 Cr + 1.39 % + 5.95 %
EPS in Rs Rs. 12.87 Rs. 13.45 Rs. 13.63 + 1.34 % + 5.91 %


In reviewing India Glycols Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 26.21 % year-on-year growth, although there was a slight dip of -3.77 % from the previous quarter. Expenses rose by 27.3 % compared to the previous year, with a decrease of -4.08 % quarter-on-quarter. Operating Profit surged by 8.93 % annually, and saw a 2.27 % increase from the last quarter.
Net Profit showed yearly increase of 5.95 %, and experienced a 1.39 % increase from the previous quarter. Earnings Per Share (EPS) rose by 5.91 % annually, however rose by 1.34 % compared to the last quarter. In essence, while India Glycols Ltd exhibits strong annual growth 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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