Share the post "Jubilant Ingrevia : Q4 2024 Financial Quarterly Report: YoY Sales Down 6.16 %, QoQ Up 11.18 %"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -6.16 % over the year, substantial increase in net sales/revenue by 11.18 %.
- 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 5 %. Marginal increase in other income during this quarter, up by 7.26%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Jubilant Ingrevia Limited. Profit dropped by -44.08 % Year to Year, Jubilant Ingrevia Limited’s profitability dropped by -24.14 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -43.77 % Year to Year. EPS decreased by -24.18 % 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. 1144.98 Cr | Rs. 966.4 Cr | Rs. 1074.44 Cr | + 11.18 % | -6.16 % |
Expenses | Rs. 1042.93 Cr | Rs. 870.83 Cr | Rs. 983.2 Cr | + 12.9 % | -5.73 % |
Operating Profit | Rs. 102.05 Cr | Rs. 95.57 Cr | Rs. 91.24 Cr | -4.53 % | -10.59 % |
OPM % | 8.91 % | 9.89 % | 8.49 % | -1.4 % | -0.42 % |
Other Income | Rs. 9 Cr | Rs. 8.81 Cr | Rs. 9.45 Cr | + 7.26 % | + 5 % |
Interest | Rs. 5.7 Cr | Rs. 15.06 Cr | Rs. 13.62 Cr | -9.56 % | + 138.95 % |
Depreciation | Rs. 29.84 Cr | Rs. 34.24 Cr | Rs. 35.72 Cr | + 4.32 % | + 19.71 % |
Profit before tax | Rs. 75.51 Cr | Rs. 55.08 Cr | Rs. 51.35 Cr | -6.77 % | -32 % |
Tax % | 30.73 % | 30.01 % | 43 % | + 12.99 % | + 12.27 % |
Net Profit | Rs. 52.31 Cr | Rs. 38.56 Cr | Rs. 29.25 Cr | -24.14 % | -44.08 % |
EPS in Rs | Rs. 3.29 | Rs. 2.43 | Rs. 1.85 | -23.87 % | -43.77 % |
Today, we’re looking at Jubilant Ingrevia 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 -6.16 %. However, it did see a marginal increase of 11.18 % from the previous quarter. Expenses ticked up slightly by 12.9 % quarter-on-quarter, aligning with the annual decline of -5.73 %. Operating profit, while down -10.59 % compared to last year, faced a quarter-on-quarter dip of -4.53 %, 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 -0.42 %, but a shrinkage of -1.4 % sequentially. Other income rose by 7.26 % compared to the last quarter, despite an annual growth of 5 %. Interest expenses dropped significantly by -9.56 % from the previous quarter, yet the year-over-year increase remains at a moderate 138.95 %. Depreciation costs climbed by 4.32 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 19.71 %. Profit before tax declined annually by -32 % but saw a reduction from the preceding quarter by -6.77 %.
Tax expenses as a percentage of profits increased slightly by 12.27 % compared to last year, with a more notable quarter-on-quarter increase of 12.99 %. Net profit fell by -44.08 % year-on-year but witnessed a -24.14 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -43.77 % but a quarterly fall of -23.87 %. In summary, Jubilant Ingrevia 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. 1144.98 Cr | Rs. 966.4 Cr | Rs. 1074.44 Cr | + 11.18 % | -6.16 % |
Expenses | Rs. 1042.93 Cr | Rs. 870.83 Cr | Rs. 983.2 Cr | + 12.9 % | -5.73 % |
Operating Profit | Rs. 102.05 Cr | Rs. 95.57 Cr | Rs. 91.24 Cr | -4.53 % | -10.59 % |
Net Profit | Rs. 52.31 Cr | Rs. 38.56 Cr | Rs. 29.25 Cr | -24.14 % | -44.08 % |
EPS in Rs | Rs. 3.29 | Rs. 2.43 | Rs. 1.85 | -23.87 % | -43.77 % |
In reviewing Jubilant Ingrevia Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -6.16 % year-on-year, however, there was a minor increase of 11.18 % from the previous quarter. Expenses decreased by -5.73 % compared to the previous year, with a 12.9 % increase quarter-on-quarter. Operating Profit dropped by -10.59 % annually, and saw a -4.53 % decrease from the last quarter.
Net Profit showed yearly decrease of -44.08 %, and experienced a -24.14 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -43.77 % annually, however dipped by -23.87 % compared to the last quarter. In essence, while Jubilant Ingrevia Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.