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Highlights
- Sales over the Year and quarter: The company’s sales declined by -1.41 % over the year, decrease in net sales/revenue by -17.88 %.
- 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 738.3 %. Marginal increase in other income during this quarter, up by 319.15%.
- Profit over the Year and quarter: Challenges in sustaining profitability for JTL INDUSTRIES LIMITED. Profit dropped by -19.39 % Year to Year, JTL INDUSTRIES LIMITED’s profitability dropped by -2.11 % Quarter to Quarter.
- EPS over the Year and quarter: EPS decreased by -3.39 % 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. 472.625 Cr | Rs. 567.386 Cr | Rs. 465.94 Cr | -17.88 % | -1.41 % |
| Expenses | Rs. 419.83 Cr | Rs. 524.88 Cr | Rs. 429.21 Cr | -18.23 % | + 2.23 % |
| Operating Profit | Rs. 52.8 Cr | Rs. 42.51 Cr | Rs. 36.73 Cr | -13.6 % | -30.44 % |
| OPM % | 11.17 % | 7.49 % | 7.88 % | + 0.39 % | -3.29 % |
| Other Income | Rs. 0.47 Cr | Rs. 0.94 Cr | Rs. 3.94 Cr | + 319.15 % | + 738.3 % |
| Interest | Rs. 1.74 Cr | Rs. 1.62 Cr | Rs. 0.95 Cr | -41.36 % | -45.4 % |
| Depreciation | Rs. 1.17 Cr | Rs. 1.5 Cr | Rs. 1.55 Cr | + 3.33 % | + 32.48 % |
| Profit before tax | Rs. 50.36 Cr | Rs. 40.33 Cr | Rs. 38.17 Cr | -5.36 % | -24.21 % |
| Tax % | 27.21 % | 25.17 % | 22.58 % | -2.59 % | -4.63 % |
| Net Profit | Rs. 36.65 Cr | Rs. 30.18 Cr | Rs. 29.55 Cr | -2.09 % | -19.37 % |
| EPS in Rs | Rs. -0.29 | Rs. 1.77 | Rs. 1.71 | -3.39 % | + 689.66 % |
Today, we’re looking at JTL INDUSTRIES 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 -1.41 %. However, it did see a marginal slip of -17.88 % from the previous quarter. Expenses decreased slightly by -18.23 % quarter-on-quarter, aligning with the annual rise of 2.23 %. Operating profit, while down -30.44 % compared to last year, faced a quarter-on-quarter dip of -13.6 %, 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 -3.29 %, but an expansion of 0.39 % sequentially. Other income rose by 319.15 % compared to the last quarter, despite an annual growth of 738.3 %. Interest expenses dropped significantly by -41.36 % from the previous quarter, yet the year-over-year decrease remains at a moderate -45.4 %. Depreciation costs climbed by 3.33 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 32.48 %. Profit before tax declined annually by -24.21 % but saw a reduction from the preceding quarter by -5.36 %.
Tax expenses as a percentage of profits decreased slightly by -4.63 % compared to last year, with a more notable quarter-on-quarter decrease of -2.59 %. Net profit fell by -19.37 % year-on-year but witnessed a -2.09 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 689.66 % but a quarterly fall of -3.39 %. In summary, JTL INDUSTRIES 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. 472.625 Cr | Rs. 567.386 Cr | Rs. 465.94 Cr | -17.88 % | -1.41 % |
| Expenses | Rs. 419.83 Cr | Rs. 524.88 Cr | Rs. 429.21 Cr | -18.23 % | + 2.23 % |
| Operating Profit | Rs. 52.8 Cr | Rs. 42.51 Cr | Rs. 36.73 Cr | -13.6 % | -30.44 % |
| Net Profit | Rs. 36.65 Cr | Rs. 30.18 Cr | Rs. 29.55 Cr | -2.09 % | -19.37 % |
| EPS in Rs | Rs. -0.29 | Rs. 1.77 | Rs. 1.71 | -3.39 % | + 689.66 % |
In reviewing JTL INDUSTRIES LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -1.41 % year-on-year, although there was a slight dip of -17.88 % from the previous quarter. Expenses rose by 2.23 % compared to the previous year, with a decrease of -18.23 % quarter-on-quarter. Operating Profit dropped by -30.44 % annually, and saw a -13.6 % decrease from the last quarter.
Net Profit showed yearly decrease of -19.37 %, and experienced a -2.09 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 689.66 % annually, however dipped by -3.39 % compared to the last quarter. In essence, while JTL INDUSTRIES 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.
