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Highlights
- Sales over the Year and quarter: The company’s sales declined by -72.01 % over the year, decrease in net sales/revenue by -60.1 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -112.08 %, Marginal decrease of -135.16% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Khaitan Chemicals & Fertilizers Ltd. Profit dropped by -489.53 % Year to Year, Khaitan Chemicals & Fertilizers Ltd’s profitability increased by 38.73 % in this quarter.
- EPS over the Year and quarter: EPS declined by -489.90 % Year to Year. EPS increased by 38.85 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 181.61 Cr | Rs. 127.394 Cr | Rs. 50.83 Cr | -60.1 % | -72.01 % |
Expenses | Rs. 164.62 Cr | Rs. 142.07 Cr | Rs. 78.34 Cr | -44.86 % | -52.41 % |
Operating Profit | Rs. 16.99 Cr | Rs. -14.68 Cr | Rs. -27.51 Cr | -87.4 % | -261.92 % |
OPM % | 9.36 % | -11.52 % | -54.12 % | -42.6 % | -63.48 % |
Other Income | Rs. 2.65 Cr | Rs. 0.91 Cr | Rs. -0.32 Cr | -135.16 % | -112.08 % |
Interest | Rs. 4.64 Cr | Rs. 8.56 Cr | Rs. 8.54 Cr | -0.23 % | + 84.05 % |
Depreciation | Rs. 2.35 Cr | Rs. 2.9 Cr | Rs. 3.02 Cr | + 4.14 % | + 28.51 % |
Profit before tax | Rs. 12.65 Cr | Rs. -25.23 Cr | Rs. -39.39 Cr | -56.12 % | -411.38 % |
Tax % | 28.93 % | -6.89 % | -5.02 % | + 1.87 % | -33.95 % |
Net Profit | Rs. 9.61 Cr | Rs. -26.97 Cr | Rs. -37.41 Cr | -38.71 % | -489.28 % |
EPS in Rs | Rs. 0.99 | Rs. -2.78 | Rs. -3.86 | -38.85 % | -489.9 % |
Today, we’re looking at Khaitan Chemicals & Fertilizers Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -72.01 %. However, it did see a marginal slip of -60.1 % from the previous quarter. Expenses decreased slightly by -44.86 % quarter-on-quarter, aligning with the annual decline of -52.41 %. Operating profit, while down -261.92 % compared to last year, faced a quarter-on-quarter dip of -87.4 %, 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 -63.48 %, but a shrinkage of -42.6 % sequentially. Other income fell by -135.16 % compared to the last quarter, despite an annual decline of -112.08 %. Interest expenses dropped significantly by -0.23 % from the previous quarter, yet the year-over-year increase remains at a moderate 84.05 %. Depreciation costs climbed by 4.14 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 28.51 %. Profit before tax declined annually by -411.38 % but saw a reduction from the preceding quarter by -56.12 %.
Tax expenses as a percentage of profits decreased slightly by -33.95 % compared to last year, with a more notable quarter-on-quarter increase of 1.87 %. Net profit fell by -489.28 % year-on-year but witnessed a -38.71 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -489.9 % but a quarterly fall of -38.85 %. In summary, Khaitan Chemicals & Fertilizers 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. 181.61 Cr | Rs. 127.394 Cr | Rs. 50.83 Cr | -60.1 % | -72.01 % |
Expenses | Rs. 164.62 Cr | Rs. 142.07 Cr | Rs. 78.34 Cr | -44.86 % | -52.41 % |
Operating Profit | Rs. 16.99 Cr | Rs. -14.68 Cr | Rs. -27.51 Cr | -87.4 % | -261.92 % |
Net Profit | Rs. 9.61 Cr | Rs. -26.97 Cr | Rs. -37.41 Cr | -38.71 % | -489.28 % |
EPS in Rs | Rs. 0.99 | Rs. -2.78 | Rs. -3.86 | -38.85 % | -489.9 % |
In reviewing Khaitan Chemicals & Fertilizers Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -72.01 % year-on-year, although there was a slight dip of -60.1 % from the previous quarter. Expenses decreased by -52.41 % compared to the previous year, with a decrease of -44.86 % quarter-on-quarter. Operating Profit dropped by -261.92 % annually, and saw a -87.4 % decrease from the last quarter.
Net Profit showed yearly decrease of -489.28 %, and experienced a -38.71 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -489.9 % annually, however dipped by -38.85 % compared to the last quarter. In essence, while Khaitan Chemicals & Fertilizers Ltd 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.