Highlights
- Sales over the Year and quarter: The company’s sales declined by -13.65 % over the year, substantial increase in net sales/revenue by 19.95 %.
- 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 213.53 %. Marginal increase in other income during this quarter, up by 4.95%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Navin Fluorine International Limited. Profit dropped by -48.39 % Year to Year, Navin Fluorine International Limited’s profitability dropped by -9.81 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -48.38 % Year to Year. EPS decreased by -9.78 % 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. 697.1 Cr | Rs. 501.82 Cr | Rs. 601.95 Cr | + 19.95 % | -13.65 % |
| Expenses | Rs. 495.33 Cr | Rs. 426.15 Cr | Rs. 491.9 Cr | + 15.43 % | -0.69 % |
| Operating Profit | Rs. 201.77 Cr | Rs. 75.67 Cr | Rs. 110.05 Cr | + 45.43 % | -45.46 % |
| OPM % | 28.94 % | 15.08 % | 18.28 % | + 3.2 % | -10.66 % |
| Other Income | Rs. 3.99 Cr | Rs. 11.92 Cr | Rs. 12.51 Cr | + 4.95 % | + 213.53 % |
| Interest | Rs. 14.01 Cr | Rs. 17.69 Cr | Rs. 17.44 Cr | -1.41 % | + 24.48 % |
| Depreciation | Rs. 7.6 Cr | Rs. 24.88 Cr | Rs. 25.71 Cr | + 3.34 % | + 238.29 % |
| Profit before tax | Rs. 184.15 Cr | Rs. 45.02 Cr | Rs. 79.41 Cr | + 76.39 % | -56.88 % |
| Tax % | 25.95 % | 19.69 % | 11.38 % | -8.31 % | -14.57 % |
| Net Profit | Rs. 136.36 Cr | Rs. 78.02 Cr | Rs. 70.37 Cr | -9.81 % | -48.39 % |
| EPS in Rs | Rs. 27.51 | Rs. 15.74 | Rs. 14.2 | -9.78 % | -48.38 % |
Today, we’re looking at Navin Fluorine International 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 -13.65 %. However, it did see a marginal increase of 19.95 % from the previous quarter. Expenses ticked up slightly by 15.43 % quarter-on-quarter, aligning with the annual decline of -0.69 %. Operating profit, while down -45.46 % compared to last year, faced a quarter-on-quarter increase of 45.43 %, 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 -10.66 %, but an expansion of 3.2 % sequentially. Other income rose by 4.95 % compared to the last quarter, despite an annual growth of 213.53 %. Interest expenses dropped significantly by -1.41 % from the previous quarter, yet the year-over-year increase remains at a moderate 24.48 %. Depreciation costs climbed by 3.34 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 238.29 %. Profit before tax declined annually by -56.88 % but saw an increase from the preceding quarter by 76.39 %.
Tax expenses as a percentage of profits decreased slightly by -14.57 % compared to last year, with a more notable quarter-on-quarter decrease of -8.31 %. Net profit fell by -48.39 % year-on-year but witnessed a -9.81 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -48.38 % but a quarterly fall of -9.78 %. In summary, Navin Fluorine International 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. 697.1 Cr | Rs. 501.82 Cr | Rs. 601.95 Cr | + 19.95 % | -13.65 % |
| Expenses | Rs. 495.33 Cr | Rs. 426.15 Cr | Rs. 491.9 Cr | + 15.43 % | -0.69 % |
| Operating Profit | Rs. 201.77 Cr | Rs. 75.67 Cr | Rs. 110.05 Cr | + 45.43 % | -45.46 % |
| Net Profit | Rs. 136.36 Cr | Rs. 78.02 Cr | Rs. 70.37 Cr | -9.81 % | -48.39 % |
| EPS in Rs | Rs. 27.51 | Rs. 15.74 | Rs. 14.2 | -9.78 % | -48.38 % |
In reviewing Navin Fluorine International Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -13.65 % year-on-year, however, there was a minor increase of 19.95 % from the previous quarter. Expenses decreased by -0.69 % compared to the previous year, with a 15.43 % increase quarter-on-quarter. Operating Profit dropped by -45.46 % annually, and saw a 45.43 % increase from the last quarter.
Net Profit showed yearly decrease of -48.39 %, and experienced a -9.81 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -48.38 % annually, however dipped by -9.78 % compared to the last quarter. In essence, while Navin Fluorine International Limited faces strong annual decline 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.
