Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 4.43 % in the past year, substantial increase in net sales/revenue by 31.07 %.
- 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 77.5 %. Marginal increase in other income during this quarter, up by 31.48%.
- Profit over the Year and quarter: Significant improvement in profitability for Jindal Worldwide Ltd.. Notable increase of 6.19 % in net profit Year to Year, Jindal Worldwide Ltd.’s profitability increased by 33.98 % in this quarter.
- EPS over the Year and quarter: EPS increased by 6.82 % Year to Year. EPS increased by 34.29 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 549.458 Cr | Rs. 437.768 Cr | Rs. 573.792 Cr | + 31.07 % | + 4.43 % |
| Expenses | Rs. 492.01 Cr | Rs. 387.13 Cr | Rs. 518.25 Cr | + 33.87 % | + 5.33 % |
| Operating Profit | Rs. 57.45 Cr | Rs. 50.64 Cr | Rs. 55.54 Cr | + 9.68 % | -3.32 % |
| OPM % | 10.46 % | 11.57 % | 9.68 % | -1.89 % | -0.78 % |
| Other Income | Rs. 0.4 Cr | Rs. 0.54 Cr | Rs. 0.71 Cr | + 31.48 % | + 77.5 % |
| Interest | Rs. 13.11 Cr | Rs. 14.8 Cr | Rs. 8.91 Cr | -39.8 % | -32.04 % |
| Depreciation | Rs. 9.15 Cr | Rs. 8.39 Cr | Rs. 8.41 Cr | + 0.24 % | -8.09 % |
| Profit before tax | Rs. 35.59 Cr | Rs. 27.99 Cr | Rs. 38.93 Cr | + 39.09 % | + 9.38 % |
| Tax % | 25.46 % | 24.88 % | 27.63 % | + 2.75 % | + 2.17 % |
| Net Profit | Rs. 26.53 Cr | Rs. 21.03 Cr | Rs. 28.17 Cr | + 33.95 % | + 6.18 % |
| EPS in Rs | Rs. 1.32 | Rs. 1.05 | Rs. 1.41 | + 34.29 % | + 6.82 % |
Today, we’re looking at Jindal Worldwide 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 4.43 %. However, it did see a marginal increase of 31.07 % from the previous quarter. Expenses ticked up slightly by 33.87 % quarter-on-quarter, aligning with the annual rise of 5.33 %. Operating profit, while down -3.32 % compared to last year, faced a quarter-on-quarter increase of 9.68 %, 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 -0.78 %, but a shrinkage of -1.89 % sequentially. Other income rose by 31.48 % compared to the last quarter, despite an annual growth of 77.5 %. Interest expenses dropped significantly by -39.8 % from the previous quarter, yet the year-over-year decrease remains at a moderate -32.04 %. Depreciation costs climbed by 0.24 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -8.09 %. Profit before tax grew annually by 9.38 % but saw an increase from the preceding quarter by 39.09 %.
Tax expenses as a percentage of profits increased slightly by 2.17 % compared to last year, with a more notable quarter-on-quarter increase of 2.75 %. Net profit rose by 6.18 % year-on-year but experienced a 33.95 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 6.82 % but a quarterly rise of 34.29 %. In summary, Jindal Worldwide 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. 549.458 Cr | Rs. 437.768 Cr | Rs. 573.792 Cr | + 31.07 % | + 4.43 % |
| Expenses | Rs. 492.01 Cr | Rs. 387.13 Cr | Rs. 518.25 Cr | + 33.87 % | + 5.33 % |
| Operating Profit | Rs. 57.45 Cr | Rs. 50.64 Cr | Rs. 55.54 Cr | + 9.68 % | -3.32 % |
| Net Profit | Rs. 26.53 Cr | Rs. 21.03 Cr | Rs. 28.17 Cr | + 33.95 % | + 6.18 % |
| EPS in Rs | Rs. 1.32 | Rs. 1.05 | Rs. 1.41 | + 34.29 % | + 6.82 % |
In reviewing Jindal Worldwide Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 4.43 % year-on-year growth, however, there was a minor increase of 31.07 % from the previous quarter. Expenses rose by 5.33 % compared to the previous year, with a 33.87 % increase quarter-on-quarter. Operating Profit dropped by -3.32 % annually, and saw a 9.68 % increase from the last quarter.
Net Profit showed yearly increase of 6.18 %, and experienced a 33.95 % increase from the previous quarter. Earnings Per Share (EPS) rose by 6.82 % annually, however rose by 34.29 % compared to the last quarter. In essence, while Jindal Worldwide 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.
