Highlights
- Sales over the Year and quarter: The company’s sales declined by -3.94 % over the year, decrease in net sales/revenue by -9.3 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -63.32 %, Marginal decrease of -70.33% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Jayaswal Neco Industries Ltd. Profit dropped by -60.96 % Year to Year, Jayaswal Neco Industries Ltd’s profitability dropped by -97.71 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -60.00 % Year to Year. EPS decreased by -97.8 % 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. 1469.29 Cr | Rs. 1556.19 Cr | Rs. 1411.43 Cr | -9.3 % | -3.94 % |
Expenses | Rs. 1280.94 Cr | Rs. 1265.74 Cr | Rs. 1178.9 Cr | -6.86 % | -7.97 % |
Operating Profit | Rs. 188.35 Cr | Rs. 290.45 Cr | Rs. 232.53 Cr | -19.94 % | + 23.46 % |
OPM % | 12.82 % | 18.66 % | 16.47 % | -2.19 % | + 3.65 % |
Other Income | Rs. 7.96 Cr | Rs. 9.84 Cr | Rs. 2.92 Cr | -70.33 % | -63.32 % |
Interest | Rs. 111.16 Cr | Rs. 114.95 Cr | Rs. 142.29 Cr | + 23.78 % | + 28 % |
Depreciation | Rs. 67.76 Cr | Rs. 66.7 Cr | Rs. 66.88 Cr | + 0.27 % | -1.3 % |
Profit before tax | Rs. 17.39 Cr | Rs. 118.64 Cr | Rs. 26.28 Cr | -77.85 % | + 51.12 % |
Tax % | 54.98 % | 25.19 % | 74.72 % | + 49.53 % | + 19.74 % |
Net Profit | Rs. 5.2 Cr | Rs. 88.76 Cr | Rs. 2.03 Cr | -97.71 % | -60.96 % |
EPS in Rs | Rs. 0.05 | Rs. 0.91 | Rs. 0.02 | -97.8 % | -60 % |
Today, we’re looking at Jayaswal Neco Industries Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -3.94 %. However, it did see a marginal slip of -9.3 % from the previous quarter. Expenses decreased slightly by -6.86 % quarter-on-quarter, aligning with the annual decline of -7.97 %. Operating profit, while up 23.46 % compared to last year, faced a quarter-on-quarter dip of -19.94 %, 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 3.65 %, but a shrinkage of -2.19 % sequentially. Other income fell by -70.33 % compared to the last quarter, despite an annual decline of -63.32 %. Interest expenses surged remarkably by 23.78 % from the previous quarter, yet the year-over-year increase remains at a moderate 28 %. Depreciation costs climbed by 0.27 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -1.3 %. Profit before tax grew annually by 51.12 % but saw a reduction from the preceding quarter by -77.85 %.
Tax expenses as a percentage of profits increased slightly by 19.74 % compared to last year, with a more notable quarter-on-quarter increase of 49.53 %. Net profit fell by -60.96 % year-on-year but witnessed a -97.71 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -60 % but a quarterly fall of -97.8 %. In summary, Jayaswal Neco Industries 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. 1469.29 Cr | Rs. 1556.19 Cr | Rs. 1411.43 Cr | -9.3 % | -3.94 % |
Expenses | Rs. 1280.94 Cr | Rs. 1265.74 Cr | Rs. 1178.9 Cr | -6.86 % | -7.97 % |
Operating Profit | Rs. 188.35 Cr | Rs. 290.45 Cr | Rs. 232.53 Cr | -19.94 % | + 23.46 % |
Net Profit | Rs. 5.2 Cr | Rs. 88.76 Cr | Rs. 2.03 Cr | -97.71 % | -60.96 % |
EPS in Rs | Rs. 0.05 | Rs. 0.91 | Rs. 0.02 | -97.8 % | -60 % |
In reviewing Jayaswal Neco Industries Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -3.94 % year-on-year, although there was a slight dip of -9.3 % from the previous quarter. Expenses decreased by -7.97 % compared to the previous year, with a decrease of -6.86 % quarter-on-quarter. Operating Profit surged by 23.46 % annually, and saw a -19.94 % decrease from the last quarter.
Net Profit showed yearly decrease of -60.96 %, and experienced a -97.71 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -60 % annually, however dipped by -97.8 % compared to the last quarter. In essence, while Jayaswal Neco Industries Ltd 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.