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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 161.59 % in the past year, decrease in net sales/revenue by -41.2 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -98.01 %, Marginal decrease of -98.78% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Laffans Petrochemicals Ltd.. Profit dropped by -313.69 % Year to Year, Laffans Petrochemicals Ltd.’s profitability dropped by -215.06 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -313.61 % Year to Year. EPS decreased by -215.02 % 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. 0.729 Cr | Rs. 3.243 Cr | Rs. 1.907 Cr | -41.2 % | + 161.59 % |
Expenses | Rs. 1.1 Cr | Rs. 3.97 Cr | Rs. 3.63 Cr | -8.56 % | + 230 % |
Operating Profit | Rs. -0.37 Cr | Rs. -0.73 Cr | Rs. -1.72 Cr | -135.62 % | -364.86 % |
OPM % | -50.75 % | -22.51 % | -90.19 % | -67.68 % | -39.44 % |
Other Income | Rs. 2.01 Cr | Rs. 3.29 Cr | Rs. 0.04 Cr | -98.78 % | -98.01 % |
Interest | Rs. 0.02 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | -50 % |
Depreciation | Rs. 0.12 Cr | Rs. 0.13 Cr | Rs. 0.13 Cr | + 0 % | + 8.33 % |
Profit before tax | Rs. 1.5 Cr | Rs. 2.42 Cr | Rs. -1.82 Cr | -175.21 % | -221.33 % |
Tax % | 21.35 % | 10.13 % | -38.23 % | -48.36 % | -59.58 % |
Net Profit | Rs. 1.18 Cr | Rs. 2.18 Cr | Rs. -2.51 Cr | -215.14 % | -312.71 % |
EPS in Rs | Rs. 1.47 | Rs. 2.73 | Rs. -3.14 | -215.02 % | -313.61 % |
Today, we’re looking at Laffans Petrochemicals Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 161.59 %. However, it did see a marginal slip of -41.2 % from the previous quarter. Expenses decreased slightly by -8.56 % quarter-on-quarter, aligning with the annual rise of 230 %. Operating profit, while down -364.86 % compared to last year, faced a quarter-on-quarter dip of -135.62 %, 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 -39.44 %, but a shrinkage of -67.68 % sequentially. Other income fell by -98.78 % compared to the last quarter, despite an annual decline of -98.01 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year decrease remains at a moderate -50 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 8.33 %. Profit before tax declined annually by -221.33 % but saw a reduction from the preceding quarter by -175.21 %.
Tax expenses as a percentage of profits decreased slightly by -59.58 % compared to last year, with a more notable quarter-on-quarter decrease of -48.36 %. Net profit fell by -312.71 % year-on-year but witnessed a -215.14 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -313.61 % but a quarterly fall of -215.02 %. In summary, Laffans Petrochemicals 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. 0.729 Cr | Rs. 3.243 Cr | Rs. 1.907 Cr | -41.2 % | + 161.59 % |
Expenses | Rs. 1.1 Cr | Rs. 3.97 Cr | Rs. 3.63 Cr | -8.56 % | + 230 % |
Operating Profit | Rs. -0.37 Cr | Rs. -0.73 Cr | Rs. -1.72 Cr | -135.62 % | -364.86 % |
Net Profit | Rs. 1.18 Cr | Rs. 2.18 Cr | Rs. -2.51 Cr | -215.14 % | -312.71 % |
EPS in Rs | Rs. 1.47 | Rs. 2.73 | Rs. -3.14 | -215.02 % | -313.61 % |
In reviewing Laffans Petrochemicals Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 161.59 % year-on-year growth, although there was a slight dip of -41.2 % from the previous quarter. Expenses rose by 230 % compared to the previous year, with a decrease of -8.56 % quarter-on-quarter. Operating Profit dropped by -364.86 % annually, and saw a -135.62 % decrease from the last quarter.
Net Profit showed yearly decrease of -312.71 %, and experienced a -215.14 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -313.61 % annually, however dipped by -215.02 % compared to the last quarter. In essence, while Laffans Petrochemicals 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.