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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -9.9 % over the year, decrease in net sales/revenue by -4.51 %.
- 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 971.84 %. Marginal decrease of -39.68% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Insecticides (India) Limited. Notable increase of 15.69 % in net profit Year to Year, Insecticides (India) Limited’s profitability increased by 25.46 % in this quarter.
- EPS over the Year and quarter: EPS increased by 15.77 % Year to Year. EPS increased by 25.48 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 695.988 Cr | Rs. 656.685 Cr | Rs. 627.094 Cr | -4.51 % | -9.9 % |
Expenses | Rs. 614.06 Cr | Rs. 585.18 Cr | Rs. 537.53 Cr | -8.14 % | -12.46 % |
Operating Profit | Rs. 81.93 Cr | Rs. 71.51 Cr | Rs. 89.56 Cr | + 25.24 % | + 9.31 % |
OPM % | 11.77 % | 10.89 % | 14.28 % | + 3.39 % | + 2.51 % |
Other Income | Rs. -0.174 Cr | Rs. 2.515 Cr | Rs. 1.517 Cr | -39.68 % | + 971.84 % |
Interest | Rs. 2.86 Cr | Rs. 1.63 Cr | Rs. 1.69 Cr | + 3.68 % | -40.91 % |
Depreciation | Rs. 7.35 Cr | Rs. 7.13 Cr | Rs. 7.25 Cr | + 1.68 % | -1.36 % |
Profit before tax | Rs. 71.55 Cr | Rs. 65.27 Cr | Rs. 82.14 Cr | + 25.85 % | + 14.8 % |
Tax % | 25.99 % | 25.16 % | 25.35 % | + 0.19 % | -0.64 % |
Net Profit | Rs. 53.15 Cr | Rs. 49.02 Cr | Rs. 61.5 Cr | + 25.46 % | + 15.71 % |
EPS in Rs | Rs. 17.95 | Rs. 16.56 | Rs. 20.78 | + 25.48 % | + 15.77 % |
Today, we’re looking at Insecticides (India) Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -9.9 %. However, it did see a marginal slip of -4.51 % from the previous quarter. Expenses decreased slightly by -8.14 % quarter-on-quarter, aligning with the annual decline of -12.46 %. Operating profit, while up 9.31 % compared to last year, faced a quarter-on-quarter increase of 25.24 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2.51 %, but an expansion of 3.39 % sequentially. Other income fell by -39.68 % compared to the last quarter, despite an annual growth of 971.84 %. Interest expenses surged remarkably by 3.68 % from the previous quarter, yet the year-over-year decrease remains at a moderate -40.91 %. Depreciation costs climbed by 1.68 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -1.36 %. Profit before tax grew annually by 14.8 % but saw an increase from the preceding quarter by 25.85 %.
Tax expenses as a percentage of profits decreased slightly by -0.64 % compared to last year, with a more notable quarter-on-quarter increase of 0.19 %. Net profit rose by 15.71 % year-on-year but experienced a 25.46 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 15.77 % but a quarterly rise of 25.48 %. In summary, Insecticides (India) 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. 695.988 Cr | Rs. 656.685 Cr | Rs. 627.094 Cr | -4.51 % | -9.9 % |
Expenses | Rs. 614.06 Cr | Rs. 585.18 Cr | Rs. 537.53 Cr | -8.14 % | -12.46 % |
Operating Profit | Rs. 81.93 Cr | Rs. 71.51 Cr | Rs. 89.56 Cr | + 25.24 % | + 9.31 % |
Net Profit | Rs. 53.15 Cr | Rs. 49.02 Cr | Rs. 61.5 Cr | + 25.46 % | + 15.71 % |
EPS in Rs | Rs. 17.95 | Rs. 16.56 | Rs. 20.78 | + 25.48 % | + 15.77 % |
In reviewing Insecticides (India) Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -9.9 % year-on-year, although there was a slight dip of -4.51 % from the previous quarter. Expenses decreased by -12.46 % compared to the previous year, with a decrease of -8.14 % quarter-on-quarter. Operating Profit surged by 9.31 % annually, and saw a 25.24 % increase from the last quarter.
Net Profit showed yearly increase of 15.71 %, and experienced a 25.46 % increase from the previous quarter. Earnings Per Share (EPS) rose by 15.77 % annually, however rose by 25.48 % compared to the last quarter. In essence, while Insecticides (India) Limited 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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