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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 2.7 % in the past year, substantial increase in net sales/revenue by 19.25 %.
- 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 52.46 %. Marginal decrease of -93.01% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Jubilant Industries Limited. Notable increase of 25.71 % in net profit Year to Year, Jubilant Industries Limited’s profitability increased by 17.31 % in this quarter.
- EPS over the Year and quarter: EPS increased by 25.75 % Year to Year. EPS increased by 17.4 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 348.74 Cr | Rs. 300.32 Cr | Rs. 358.14 Cr | + 19.25 % | + 2.7 % |
| Expenses | Rs. 313.1 Cr | Rs. 278.03 Cr | Rs. 315.68 Cr | + 13.54 % | + 0.82 % |
| Operating Profit | Rs. 35.64 Cr | Rs. 22.29 Cr | Rs. 42.46 Cr | + 90.49 % | + 19.14 % |
| OPM % | 10.22 % | 7.42 % | 11.86 % | + 4.44 % | + 1.64 % |
| Other Income | Rs. 0.61 Cr | Rs. 13.3 Cr | Rs. 0.93 Cr | -93.01 % | + 52.46 % |
| Interest | Rs. 5.39 Cr | Rs. 4.95 Cr | Rs. 4.12 Cr | -16.77 % | -23.56 % |
| Depreciation | Rs. 3.71 Cr | Rs. 3.77 Cr | Rs. 3.91 Cr | + 3.71 % | + 5.39 % |
| Profit before tax | Rs. 27.15 Cr | Rs. 26.87 Cr | Rs. 35.36 Cr | + 31.6 % | + 30.24 % |
| Tax % | 23.17 % | 17.38 % | 26.24 % | + 8.86 % | + 3.07 % |
| Net Profit | Rs. 20.54 Cr | Rs. 22.01 Cr | Rs. 25.82 Cr | + 17.31 % | + 25.71 % |
| EPS in Rs | Rs. 13.5 | Rs. 14.42 | Rs. 16.89 | + 17.13 % | + 25.11 % |
Today, we’re looking at Jubilant Industries Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 2.7 %. However, it did see a marginal increase of 19.25 % from the previous quarter. Expenses ticked up slightly by 13.54 % quarter-on-quarter, aligning with the annual rise of 0.82 %. Operating profit, while up 19.14 % compared to last year, faced a quarter-on-quarter increase of 90.49 %, 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 1.64 %, but an expansion of 4.44 % sequentially. Other income fell by -93.01 % compared to the last quarter, despite an annual growth of 52.46 %. Interest expenses dropped significantly by -16.77 % from the previous quarter, yet the year-over-year decrease remains at a moderate -23.56 %. Depreciation costs climbed by 3.71 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 5.39 %. Profit before tax grew annually by 30.24 % but saw an increase from the preceding quarter by 31.6 %.
Tax expenses as a percentage of profits increased slightly by 3.07 % compared to last year, with a more notable quarter-on-quarter increase of 8.86 %. Net profit rose by 25.71 % year-on-year but experienced a 17.31 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 25.11 % but a quarterly rise of 17.13 %. In summary, Jubilant 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. 348.74 Cr | Rs. 300.32 Cr | Rs. 358.14 Cr | + 19.25 % | + 2.7 % |
| Expenses | Rs. 313.1 Cr | Rs. 278.03 Cr | Rs. 315.68 Cr | + 13.54 % | + 0.82 % |
| Operating Profit | Rs. 35.64 Cr | Rs. 22.29 Cr | Rs. 42.46 Cr | + 90.49 % | + 19.14 % |
| Net Profit | Rs. 20.54 Cr | Rs. 22.01 Cr | Rs. 25.82 Cr | + 17.31 % | + 25.71 % |
| EPS in Rs | Rs. 13.5 | Rs. 14.42 | Rs. 16.89 | + 17.13 % | + 25.11 % |
In reviewing Jubilant Industries Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 2.7 % year-on-year growth, however, there was a minor increase of 19.25 % from the previous quarter. Expenses rose by 0.82 % compared to the previous year, with a 13.54 % increase quarter-on-quarter. Operating Profit surged by 19.14 % annually, and saw a 90.49 % increase from the last quarter.
Net Profit showed yearly increase of 25.71 %, and experienced a 17.31 % increase from the previous quarter. Earnings Per Share (EPS) rose by 25.11 % annually, however rose by 17.13 % compared to the last quarter. In essence, while Jubilant Industries Limited 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.
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