Share the post "Jindal Poly Films : Q4 2024 Financial Quarterly Report : YoY Sales Up 46.66 %, QoQ Up 9.43 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 46.66 % in the past year, substantial increase in net sales/revenue by 9.43 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -74.46 %, Marginal decrease of -51.69% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Jindal Poly Films Ltd.. Profit dropped by -95.1 % Year to Year, Jindal Poly Films Ltd.’s profitability dropped by -2.83 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -104.90 % Year to Year. EPS decreased by -2.93 % 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. 734.03 Cr | Rs. 983.76 Cr | Rs. 1076.56 Cr | + 9.43 % | + 46.66 % |
Expenses | Rs. 722.46 Cr | Rs. 1016.24 Cr | Rs. 1084.01 Cr | + 6.67 % | + 50.04 % |
Operating Profit | Rs. 11.57 Cr | Rs. -32.48 Cr | Rs. -7.45 Cr | + 77.06 % | -164.39 % |
OPM % | 1.58 % | -3.3 % | -0.69 % | + 2.61 % | -2.27 % |
Other Income | Rs. 244.15 Cr | Rs. 129.05 Cr | Rs. 62.35 Cr | -51.69 % | -74.46 % |
Interest | Rs. 25.32 Cr | Rs. 80.59 Cr | Rs. 28.67 Cr | -64.42 % | + 13.23 % |
Depreciation | Rs. 43.1 Cr | Rs. 62.36 Cr | Rs. 44.69 Cr | -28.34 % | + 3.69 % |
Profit before tax | Rs. 187.3 Cr | Rs. -46.38 Cr | Rs. -18.46 Cr | + 60.2 % | -109.86 % |
Tax % | -889.95 % | -58.36 % | -2.23 % | + 56.13 % | + 887.72 % |
Net Profit | Rs. -384.97 Cr | Rs. -19.43 Cr | Rs. -18.88 Cr | + 2.83 % | + 95.1 % |
EPS in Rs | Rs. -87.92 | Rs. -4.44 | Rs. -4.31 | + 2.93 % | + 95.1 % |
Today, we’re looking at Jindal Poly Films 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 46.66 %. However, it did see a marginal increase of 9.43 % from the previous quarter. Expenses ticked up slightly by 6.67 % quarter-on-quarter, aligning with the annual rise of 50.04 %. Operating profit, while down -164.39 % compared to last year, faced a quarter-on-quarter increase of 77.06 %, 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 -2.27 %, but an expansion of 2.61 % sequentially. Other income fell by -51.69 % compared to the last quarter, despite an annual decline of -74.46 %. Interest expenses dropped significantly by -64.42 % from the previous quarter, yet the year-over-year increase remains at a moderate 13.23 %. Depreciation costs fell by -28.34 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.69 %. Profit before tax declined annually by -109.86 % but saw an increase from the preceding quarter by 60.2 %.
Tax expenses as a percentage of profits increased slightly by 887.72 % compared to last year, with a more notable quarter-on-quarter increase of 56.13 %. Net profit rose by 95.1 % year-on-year but experienced a 2.83 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 95.1 % but a quarterly rise of 2.93 %. In summary, Jindal Poly Films 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. 734.03 Cr | Rs. 983.76 Cr | Rs. 1076.56 Cr | + 9.43 % | + 46.66 % |
Expenses | Rs. 722.46 Cr | Rs. 1016.24 Cr | Rs. 1084.01 Cr | + 6.67 % | + 50.04 % |
Operating Profit | Rs. 11.57 Cr | Rs. -32.48 Cr | Rs. -7.45 Cr | + 77.06 % | -164.39 % |
Net Profit | Rs. -384.97 Cr | Rs. -19.43 Cr | Rs. -18.88 Cr | + 2.83 % | + 95.1 % |
EPS in Rs | Rs. -87.92 | Rs. -4.44 | Rs. -4.31 | + 2.93 % | + 95.1 % |
In reviewing Jindal Poly Films Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 46.66 % year-on-year growth, however, there was a minor increase of 9.43 % from the previous quarter. Expenses rose by 50.04 % compared to the previous year, with a 6.67 % increase quarter-on-quarter. Operating Profit dropped by -164.39 % annually, and saw a 77.06 % increase from the last quarter.
Net Profit showed yearly increase of 95.1 %, and experienced a 2.83 % increase from the previous quarter. Earnings Per Share (EPS) rose by 95.1 % annually, however rose by 2.93 % compared to the last quarter. In essence, while Jindal Poly Films Ltd. faces strong annual decline 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.