Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 8.83 % in the past year, substantial increase in net sales/revenue by 4.25 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -44.27 %, Marginal increase in other income during this quarter, up by 29.93%.
- Profit over the Year and quarter: Significant improvement in profitability for Jindal Saw Ltd.. Notable increase of 49.21 % in net profit Year to Year, Jindal Saw Ltd.’s profitability increased by 16.97 % in this quarter.
- EPS over the Year and quarter: EPS increased by 49.10 % Year to Year. EPS increased by 16.94 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 4519.59 Cr | Rs. 4718.46 Cr | Rs. 4918.8 Cr | + 4.25 % | + 8.83 % |
| Expenses | Rs. 4002.74 Cr | Rs. 3895.78 Cr | Rs. 4033.55 Cr | + 3.54 % | + 0.77 % |
| Operating Profit | Rs. 516.85 Cr | Rs. 822.68 Cr | Rs. 885.25 Cr | + 7.61 % | + 71.28 % |
| OPM % | 11.44 % | 17.44 % | 18 % | + 0.56 % | + 6.56 % |
| Other Income | Rs. 156.64 Cr | Rs. 67.19 Cr | Rs. 87.3 Cr | + 29.93 % | -44.27 % |
| Interest | Rs. 134.29 Cr | Rs. 149.06 Cr | Rs. 142.72 Cr | -4.25 % | + 6.28 % |
| Depreciation | Rs. 99.06 Cr | Rs. 121.89 Cr | Rs. 119.5 Cr | -1.96 % | + 20.63 % |
| Profit before tax | Rs. 440.14 Cr | Rs. 618.92 Cr | Rs. 710.33 Cr | + 14.77 % | + 61.39 % |
| Tax % | 19.44 % | 26.92 % | 25.52 % | -1.4 % | + 6.08 % |
| Net Profit | Rs. 354.59 Cr | Rs. 452.33 Cr | Rs. 529.07 Cr | + 16.97 % | + 49.21 % |
| EPS in Rs | Rs. 11.16 | Rs. 14.23 | Rs. 16.64 | + 16.94 % | + 49.1 % |
Today, we’re looking at Jindal Saw 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 8.83 %. However, it did see a marginal increase of 4.25 % from the previous quarter. Expenses ticked up slightly by 3.54 % quarter-on-quarter, aligning with the annual rise of 0.77 %. Operating profit, while up 71.28 % compared to last year, faced a quarter-on-quarter increase of 7.61 %, 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 6.56 %, but an expansion of 0.56 % sequentially. Other income rose by 29.93 % compared to the last quarter, despite an annual decline of -44.27 %. Interest expenses dropped significantly by -4.25 % from the previous quarter, yet the year-over-year increase remains at a moderate 6.28 %. Depreciation costs fell by -1.96 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 20.63 %. Profit before tax grew annually by 61.39 % but saw an increase from the preceding quarter by 14.77 %.
Tax expenses as a percentage of profits increased slightly by 6.08 % compared to last year, with a more notable quarter-on-quarter decrease of -1.4 %. Net profit rose by 49.21 % year-on-year but experienced a 16.97 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 49.1 % but a quarterly rise of 16.94 %. In summary, Jindal Saw 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. 4519.59 Cr | Rs. 4718.46 Cr | Rs. 4918.8 Cr | + 4.25 % | + 8.83 % |
| Expenses | Rs. 4002.74 Cr | Rs. 3895.78 Cr | Rs. 4033.55 Cr | + 3.54 % | + 0.77 % |
| Operating Profit | Rs. 516.85 Cr | Rs. 822.68 Cr | Rs. 885.25 Cr | + 7.61 % | + 71.28 % |
| Net Profit | Rs. 354.59 Cr | Rs. 452.33 Cr | Rs. 529.07 Cr | + 16.97 % | + 49.21 % |
| EPS in Rs | Rs. 11.16 | Rs. 14.23 | Rs. 16.64 | + 16.94 % | + 49.1 % |
In reviewing Jindal Saw Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 8.83 % year-on-year growth, however, there was a minor increase of 4.25 % from the previous quarter. Expenses rose by 0.77 % compared to the previous year, with a 3.54 % increase quarter-on-quarter. Operating Profit surged by 71.28 % annually, and saw a 7.61 % increase from the last quarter.
Net Profit showed yearly increase of 49.21 %, and experienced a 16.97 % increase from the previous quarter. Earnings Per Share (EPS) rose by 49.1 % annually, however rose by 16.94 % compared to the last quarter. In essence, while Jindal Saw Ltd. 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.
