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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.
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.