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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 experienced a substantial growth of 2.14 % in the past year, substantial increase in net sales/revenue by 41.28 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -192.19 %, Marginal decrease of -174.02% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Jagsonpal Pharmaceuticals Limited. Profit dropped by -28.75 % Year to Year, Jagsonpal Pharmaceuticals Limited’s profitability increased by 50.15 % in this quarter.
- EPS over the Year and quarter: EPS declined by -31.93 % Year to Year. EPS increased by 48.09 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 60.153 Cr | Rs. 43.486 Cr | Rs. 61.439 Cr | + 41.28 % | + 2.14 % |
Expenses | Rs. 51.52 Cr | Rs. 40.81 Cr | Rs. 51.2 Cr | + 25.46 % | -0.62 % |
Operating Profit | Rs. 8.63 Cr | Rs. 2.68 Cr | Rs. 10.24 Cr | + 282.09 % | + 18.66 % |
OPM % | 14.35 % | 6.16 % | 16.67 % | + 10.51 % | + 2.32 % |
Other Income | Rs. 1.997 Cr | Rs. 2.487 Cr | Rs. -1.841 Cr | -174.02 % | -192.19 % |
Interest | Rs. 0.15 Cr | Rs. 0.22 Cr | Rs. 0.22 Cr | + 0 % | + 46.67 % |
Depreciation | Rs. 0.39 Cr | Rs. 0.4 Cr | Rs. 1.07 Cr | + 167.5 % | + 174.36 % |
Profit before tax | Rs. 10.09 Cr | Rs. 4.55 Cr | Rs. 7.11 Cr | + 56.26 % | -29.53 % |
Tax % | 25.88 % | 21.76 % | 25.05 % | + 3.29 % | -0.83 % |
Net Profit | Rs. 7.48 Cr | Rs. 3.55 Cr | Rs. 5.33 Cr | + 50.14 % | -28.74 % |
EPS in Rs | Rs. 2.85 | Rs. 1.31 | Rs. 1.93 | + 47.33 % | -32.28 % |
Today, we’re looking at Jagsonpal Pharmaceuticals Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 2.14 %. However, it did see a marginal increase of 41.28 % from the previous quarter. Expenses ticked up slightly by 25.46 % quarter-on-quarter, aligning with the annual decline of -0.62 %. Operating profit, while up 18.66 % compared to last year, faced a quarter-on-quarter increase of 282.09 %, 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 2.32 %, but an expansion of 10.51 % sequentially. Other income fell by -174.02 % compared to the last quarter, despite an annual decline of -192.19 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 46.67 %. Depreciation costs climbed by 167.5 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 174.36 %. Profit before tax declined annually by -29.53 % but saw an increase from the preceding quarter by 56.26 %.
Tax expenses as a percentage of profits decreased slightly by -0.83 % compared to last year, with a more notable quarter-on-quarter increase of 3.29 %. Net profit fell by -28.74 % year-on-year but experienced a 50.14 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -32.28 % but a quarterly rise of 47.33 %. In summary, Jagsonpal Pharmaceuticals 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. 60.153 Cr | Rs. 43.486 Cr | Rs. 61.439 Cr | + 41.28 % | + 2.14 % |
Expenses | Rs. 51.52 Cr | Rs. 40.81 Cr | Rs. 51.2 Cr | + 25.46 % | -0.62 % |
Operating Profit | Rs. 8.63 Cr | Rs. 2.68 Cr | Rs. 10.24 Cr | + 282.09 % | + 18.66 % |
Net Profit | Rs. 7.48 Cr | Rs. 3.55 Cr | Rs. 5.33 Cr | + 50.14 % | -28.74 % |
EPS in Rs | Rs. 2.85 | Rs. 1.31 | Rs. 1.93 | + 47.33 % | -32.28 % |
In reviewing Jagsonpal Pharmaceuticals Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 2.14 % year-on-year growth, however, there was a minor increase of 41.28 % from the previous quarter. Expenses decreased by -0.62 % compared to the previous year, with a 25.46 % increase quarter-on-quarter. Operating Profit surged by 18.66 % annually, and saw a 282.09 % increase from the last quarter.
Net Profit showed yearly decrease of -28.74 %, and experienced a 50.14 % increase from the previous quarter. Earnings Per Share (EPS) fell by -32.28 % annually, however rose by 47.33 % compared to the last quarter. In essence, while Jagsonpal Pharmaceuticals 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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