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JK Agri Genetics : Q4 2024 Financial Quarterly Report : YoY Sales Down 22.54 %, QoQ Up 55.06 %

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Highlights

  • Sales over the Year and quarter: The company’s sales declined by -22.54 % over the year, substantial increase in net sales/revenue by 55.06 %.
  • 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 506.58 %. Marginal increase in other income during this quarter, up by 423.86%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for JK Agri Genetics Limited. Profit dropped by -473.74 % Year to Year, JK Agri Genetics Limited’s profitability increased by 34.22 % in this quarter.
  • EPS over the Year and quarter: EPS declined by -473.81 % Year to Year. EPS increased by 34.19 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of JK Agri Genetics Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 46.154 Cr Rs. 23.056 Cr Rs. 35.75 Cr + 55.06 % -22.54 %
Expenses Rs. 41.52 Cr Rs. 30.17 Cr Rs. 50.09 Cr + 66.03 % + 20.64 %
Operating Profit Rs. 4.63 Cr Rs. -7.11 Cr Rs. -14.34 Cr -101.69 % -409.72 %
OPM % 10.03 % -30.84 % -40.11 % -9.27 % -50.14 %
Other Income Rs. 0.76 Cr Rs. 0.88 Cr Rs. 4.61 Cr + 423.86 % + 506.58 %
Interest Rs. 1.84 Cr Rs. 2.06 Cr Rs. 2 Cr -2.91 % + 8.7 %
Depreciation Rs. 0.38 Cr Rs. 0.87 Cr Rs. 0.85 Cr -2.3 % + 123.68 %
Profit before tax Rs. 3.17 Cr Rs. -9.16 Cr Rs. -12.58 Cr -37.34 % -496.85 %
Tax % 26.36 % -28.99 % -30.57 % -1.58 % -56.93 %
Net Profit Rs. 2.34 Cr Rs. -6.51 Cr Rs. -8.74 Cr -34.25 % -473.5 %
EPS in Rs Rs. 5.04 Rs. -14.04 Rs. -18.84 -34.19 % -473.81 %


Today, we’re looking at JK Agri Genetics Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -22.54 %. However, it did see a marginal increase of 55.06 % from the previous quarter. Expenses ticked up slightly by 66.03 % quarter-on-quarter, aligning with the annual rise of 20.64 %. Operating profit, while down -409.72 % compared to last year, faced a quarter-on-quarter dip of -101.69 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -50.14 %, but a shrinkage of -9.27 % sequentially. Other income rose by 423.86 % compared to the last quarter, despite an annual growth of 506.58 %. Interest expenses dropped significantly by -2.91 % from the previous quarter, yet the year-over-year increase remains at a moderate 8.7 %. Depreciation costs fell by -2.3 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 123.68 %. Profit before tax declined annually by -496.85 % but saw a reduction from the preceding quarter by -37.34 %.
Tax expenses as a percentage of profits decreased slightly by -56.93 % compared to last year, with a more notable quarter-on-quarter decrease of -1.58 %. Net profit fell by -473.5 % year-on-year but witnessed a -34.25 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -473.81 % but a quarterly fall of -34.19 %. In summary, JK Agri Genetics 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. 46.154 Cr Rs. 23.056 Cr Rs. 35.75 Cr + 55.06 % -22.54 %
Expenses Rs. 41.52 Cr Rs. 30.17 Cr Rs. 50.09 Cr + 66.03 % + 20.64 %
Operating Profit Rs. 4.63 Cr Rs. -7.11 Cr Rs. -14.34 Cr -101.69 % -409.72 %
Net Profit Rs. 2.34 Cr Rs. -6.51 Cr Rs. -8.74 Cr -34.25 % -473.5 %
EPS in Rs Rs. 5.04 Rs. -14.04 Rs. -18.84 -34.19 % -473.81 %


In reviewing JK Agri Genetics Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -22.54 % year-on-year, however, there was a minor increase of 55.06 % from the previous quarter. Expenses rose by 20.64 % compared to the previous year, with a 66.03 % increase quarter-on-quarter. Operating Profit dropped by -409.72 % annually, and saw a -101.69 % decrease from the last quarter.
Net Profit showed yearly decrease of -473.5 %, and experienced a -34.25 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -473.81 % annually, however dipped by -34.19 % compared to the last quarter. In essence, while JK Agri Genetics Limited 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.

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