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Highlights
- Sales over the Year and quarter: The company’s sales declined by -1 % over the year, substantial increase in net sales/revenue by 5.08 %.
- 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 525 %. Marginal increase in other income during this quarter, up by 11.11%.
- Profit over the Year and quarter: Significant improvement in profitability for Narmada Gelatines Ltd.. Notable increase of 6.28 % in net profit Year to Year, Narmada Gelatines Ltd.’s profitability increased by 43.57 % in this quarter.
- EPS over the Year and quarter: EPS increased by 6.28 % Year to Year. EPS increased by 43.46 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 49.97 Cr | Rs. 47.08 Cr | Rs. 49.47 Cr | + 5.08 % | -1 % |
Expenses | Rs. 43.18 Cr | Rs. 42.38 Cr | Rs. 42.85 Cr | + 1.11 % | -0.76 % |
Operating Profit | Rs. 6.79 Cr | Rs. 4.7 Cr | Rs. 6.62 Cr | + 40.85 % | -2.5 % |
OPM % | 13.59 % | 9.98 % | 13.38 % | + 3.4 % | -0.21 % |
Other Income | Rs. 0.08 Cr | Rs. 0.45 Cr | Rs. 0.5 Cr | + 11.11 % | + 525 % |
Interest | Rs. 0.11 Cr | Rs. 0.05 Cr | Rs. 0.03 Cr | -40 % | -72.73 % |
Depreciation | Rs. 0.48 Cr | Rs. 0.51 Cr | Rs. 0.52 Cr | + 1.96 % | + 8.33 % |
Profit before tax | Rs. 6.28 Cr | Rs. 4.59 Cr | Rs. 6.57 Cr | + 43.14 % | + 4.62 % |
Tax % | 26.43 % | 25.43 % | 25.27 % | -0.16 % | -1.16 % |
Net Profit | Rs. 4.62 Cr | Rs. 3.42 Cr | Rs. 4.91 Cr | + 43.57 % | + 6.28 % |
EPS in Rs | Rs. 7.64 | Rs. 5.66 | Rs. 8.12 | + 43.46 % | + 6.28 % |
Today, we’re looking at Narmada Gelatines 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 -1 %. However, it did see a marginal increase of 5.08 % from the previous quarter. Expenses ticked up slightly by 1.11 % quarter-on-quarter, aligning with the annual decline of -0.76 %. Operating profit, while down -2.5 % compared to last year, faced a quarter-on-quarter increase of 40.85 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.21 %, but an expansion of 3.4 % sequentially. Other income rose by 11.11 % compared to the last quarter, despite an annual growth of 525 %. Interest expenses dropped significantly by -40 % from the previous quarter, yet the year-over-year decrease remains at a moderate -72.73 %. Depreciation costs climbed by 1.96 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 8.33 %. Profit before tax grew annually by 4.62 % but saw an increase from the preceding quarter by 43.14 %.
Tax expenses as a percentage of profits decreased slightly by -1.16 % compared to last year, with a more notable quarter-on-quarter decrease of -0.16 %. Net profit rose by 6.28 % year-on-year but experienced a 43.57 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 6.28 % but a quarterly rise of 43.46 %. In summary, Narmada Gelatines 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. 49.97 Cr | Rs. 47.08 Cr | Rs. 49.47 Cr | + 5.08 % | -1 % |
Expenses | Rs. 43.18 Cr | Rs. 42.38 Cr | Rs. 42.85 Cr | + 1.11 % | -0.76 % |
Operating Profit | Rs. 6.79 Cr | Rs. 4.7 Cr | Rs. 6.62 Cr | + 40.85 % | -2.5 % |
Net Profit | Rs. 4.62 Cr | Rs. 3.42 Cr | Rs. 4.91 Cr | + 43.57 % | + 6.28 % |
EPS in Rs | Rs. 7.64 | Rs. 5.66 | Rs. 8.12 | + 43.46 % | + 6.28 % |
In reviewing Narmada Gelatines Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -1 % year-on-year, however, there was a minor increase of 5.08 % from the previous quarter. Expenses decreased by -0.76 % compared to the previous year, with a 1.11 % increase quarter-on-quarter. Operating Profit dropped by -2.5 % annually, and saw a 40.85 % increase from the last quarter.
Net Profit showed yearly increase of 6.28 %, and experienced a 43.57 % increase from the previous quarter. Earnings Per Share (EPS) rose by 6.28 % annually, however rose by 43.46 % compared to the last quarter. In essence, while Narmada Gelatines Ltd. 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.