Share the post "JB Chemicals & Pharmaceuticals Lt : Q4 2024 Financial Quarterly Report : YoY Sales Up 13.04 %, QoQ Up 2.04 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 13.04 % in the past year, substantial increase in net sales/revenue by 2.04 %.
- 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 263.1 %. Marginal increase in other income during this quarter, up by 126.26%.
- Profit over the Year and quarter: Significant improvement in profitability for J.B. Chemicals & Pharmaceuticals Lt. Notable increase of 43.97 % in net profit Year to Year, J.B. Chemicals & Pharmaceuticals Lt’s profitability dropped by -5.55 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -27.45 % Year to Year. EPS decreased by -4.64 % 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. 762.32 Cr | Rs. 844.51 Cr | Rs. 861.73 Cr | + 2.04 % | + 13.04 % |
Expenses | Rs. 598.68 Cr | Rs. 621.39 Cr | Rs. 663.61 Cr | + 6.79 % | + 10.85 % |
Operating Profit | Rs. 163.64 Cr | Rs. 223.12 Cr | Rs. 198.12 Cr | -11.2 % | + 21.07 % |
OPM % | 21.47 % | 26.42 % | 22.99 % | -3.43 % | + 1.52 % |
Other Income | Rs. 4.58 Cr | Rs. 7.35 Cr | Rs. 16.63 Cr | + 126.26 % | + 263.1 % |
Interest | Rs. 13.96 Cr | Rs. 12.49 Cr | Rs. 9.41 Cr | -24.66 % | -32.59 % |
Depreciation | Rs. 31.8 Cr | Rs. 34.03 Cr | Rs. 40.74 Cr | + 19.72 % | + 28.11 % |
Profit before tax | Rs. 122.46 Cr | Rs. 183.95 Cr | Rs. 164.6 Cr | -10.52 % | + 34.41 % |
Tax % | 28.44 % | 27.39 % | 23.35 % | -4.04 % | -5.09 % |
Net Profit | Rs. 87.63 Cr | Rs. 133.57 Cr | Rs. 126.16 Cr | -5.55 % | + 43.97 % |
EPS in Rs | Rs. 11.33 | Rs. 8.62 | Rs. 8.22 | -4.64 % | -27.45 % |
Today, we’re looking at J.B. Chemicals & Pharmaceuticals Lt’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 13.04 %. However, it did see a marginal increase of 2.04 % from the previous quarter. Expenses ticked up slightly by 6.79 % quarter-on-quarter, aligning with the annual rise of 10.85 %. Operating profit, while up 21.07 % compared to last year, faced a quarter-on-quarter dip of -11.2 %, 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 1.52 %, but a shrinkage of -3.43 % sequentially. Other income rose by 126.26 % compared to the last quarter, despite an annual growth of 263.1 %. Interest expenses dropped significantly by -24.66 % from the previous quarter, yet the year-over-year decrease remains at a moderate -32.59 %. Depreciation costs climbed by 19.72 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 28.11 %. Profit before tax grew annually by 34.41 % but saw a reduction from the preceding quarter by -10.52 %.
Tax expenses as a percentage of profits decreased slightly by -5.09 % compared to last year, with a more notable quarter-on-quarter decrease of -4.04 %. Net profit rose by 43.97 % year-on-year but witnessed a -5.55 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -27.45 % but a quarterly fall of -4.64 %. In summary, J.B. Chemicals & Pharmaceuticals Lt’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. 762.32 Cr | Rs. 844.51 Cr | Rs. 861.73 Cr | + 2.04 % | + 13.04 % |
Expenses | Rs. 598.68 Cr | Rs. 621.39 Cr | Rs. 663.61 Cr | + 6.79 % | + 10.85 % |
Operating Profit | Rs. 163.64 Cr | Rs. 223.12 Cr | Rs. 198.12 Cr | -11.2 % | + 21.07 % |
Net Profit | Rs. 87.63 Cr | Rs. 133.57 Cr | Rs. 126.16 Cr | -5.55 % | + 43.97 % |
EPS in Rs | Rs. 11.33 | Rs. 8.62 | Rs. 8.22 | -4.64 % | -27.45 % |
In reviewing J.B. Chemicals & Pharmaceuticals Lt’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.04 % year-on-year growth, however, there was a minor increase of 2.04 % from the previous quarter. Expenses rose by 10.85 % compared to the previous year, with a 6.79 % increase quarter-on-quarter. Operating Profit surged by 21.07 % annually, and saw a -11.2 % decrease from the last quarter.
Net Profit showed yearly increase of 43.97 %, and experienced a -5.55 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -27.45 % annually, however dipped by -4.64 % compared to the last quarter. In essence, while J.B. Chemicals & Pharmaceuticals Lt exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.