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Highlights
- Sales over the Year and quarter: The company’s sales declined by -15.69 % over the year, decrease in net sales/revenue by -30.3 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -81.75 %, Marginal increase in other income during this quarter, up by 51.47%.
- Profit over the Year and quarter: Challenges in sustaining profitability for National Fertilizers Ltd.,. Profit dropped by -167.6 % Year to Year, National Fertilizers Ltd.,’s profitability increased by 29.8 % in this quarter.
- EPS over the Year and quarter: EPS declined by -167.52 % Year to Year. EPS increased by 29.82 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 6267.84 Cr | Rs. 7580.93 Cr | Rs. 5284.24 Cr | -30.3 % | -15.69 % |
Expenses | Rs. 6598.66 Cr | Rs. 7265.77 Cr | Rs. 4902.42 Cr | -32.53 % | -25.71 % |
Operating Profit | Rs. -330.82 Cr | Rs. 315.16 Cr | Rs. 381.82 Cr | + 21.15 % | + 215.42 % |
OPM % | -5.28 % | 4.16 % | 7.23 % | + 3.07 % | + 12.51 % |
Other Income | Rs. 144 Cr | Rs. 17.35 Cr | Rs. 26.28 Cr | + 51.47 % | -81.75 % |
Interest | Rs. 83.63 Cr | Rs. 49.86 Cr | Rs. 73.91 Cr | + 48.24 % | -11.62 % |
Depreciation | Rs. 88.92 Cr | Rs. 92.42 Cr | Rs. 91.72 Cr | -0.76 % | + 3.15 % |
Profit before tax | Rs. -359.37 Cr | Rs. 190.23 Cr | Rs. 242.47 Cr | + 27.46 % | + 167.47 % |
Tax % | -25.18 % | 26.39 % | 25.04 % | -1.35 % | + 50.22 % |
Net Profit | Rs. -268.87 Cr | Rs. 140.02 Cr | Rs. 181.75 Cr | + 29.8 % | + 167.6 % |
EPS in Rs | Rs. -5.48 | Rs. 2.85 | Rs. 3.7 | + 29.82 % | + 167.52 % |
Today, we’re looking at National 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 -15.69 %. However, it did see a marginal slip of -30.3 % from the previous quarter. Expenses decreased slightly by -32.53 % quarter-on-quarter, aligning with the annual decline of -25.71 %. Operating profit, while up 215.42 % compared to last year, faced a quarter-on-quarter increase of 21.15 %, 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 12.51 %, but an expansion of 3.07 % sequentially. Other income rose by 51.47 % compared to the last quarter, despite an annual decline of -81.75 %. Interest expenses surged remarkably by 48.24 % from the previous quarter, yet the year-over-year decrease remains at a moderate -11.62 %. Depreciation costs fell by -0.76 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.15 %. Profit before tax grew annually by 167.47 % but saw an increase from the preceding quarter by 27.46 %.
Tax expenses as a percentage of profits increased slightly by 50.22 % compared to last year, with a more notable quarter-on-quarter decrease of -1.35 %. Net profit rose by 167.6 % year-on-year but experienced a 29.8 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 167.52 % but a quarterly rise of 29.82 %. In summary, National 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. 6267.84 Cr | Rs. 7580.93 Cr | Rs. 5284.24 Cr | -30.3 % | -15.69 % |
Expenses | Rs. 6598.66 Cr | Rs. 7265.77 Cr | Rs. 4902.42 Cr | -32.53 % | -25.71 % |
Operating Profit | Rs. -330.82 Cr | Rs. 315.16 Cr | Rs. 381.82 Cr | + 21.15 % | + 215.42 % |
Net Profit | Rs. -268.87 Cr | Rs. 140.02 Cr | Rs. 181.75 Cr | + 29.8 % | + 167.6 % |
EPS in Rs | Rs. -5.48 | Rs. 2.85 | Rs. 3.7 | + 29.82 % | + 167.52 % |
In reviewing National Fertilizers Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -15.69 % year-on-year, although there was a slight dip of -30.3 % from the previous quarter. Expenses decreased by -25.71 % compared to the previous year, with a decrease of -32.53 % quarter-on-quarter. Operating Profit surged by 215.42 % annually, and saw a 21.15 % increase from the last quarter.
Net Profit showed yearly increase of 167.6 %, and experienced a 29.8 % increase from the previous quarter. Earnings Per Share (EPS) rose by 167.52 % annually, however rose by 29.82 % compared to the last quarter. In essence, while National Fertilizers 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.