Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 15.95 % in the past year, decrease in net sales/revenue by -6.84 %.
- 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 1882.63 %. Marginal decrease of -10.72% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Oil India Limited. Notable increase of 17.84 % in net profit Year to Year, Oil India Limited’s profitability dropped by -10.54 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 22.84 % Year to Year. EPS decreased by -8.82 % 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. 8767.72 Cr | Rs. 10912.61 Cr | Rs. 10165.78 Cr | -6.84 % | + 15.95 % |
| Expenses | Rs. 5260.32 Cr | Rs. 7469.37 Cr | Rs. 6904.55 Cr | -7.56 % | + 31.26 % |
| Operating Profit | Rs. 3507.4 Cr | Rs. 3443.24 Cr | Rs. 3261.23 Cr | -5.29 % | -7.02 % |
| OPM % | 40 % | 31.55 % | 32.08 % | + 0.53 % | -7.92 % |
| Other Income | Rs. -31.89 Cr | Rs. 636.73 Cr | Rs. 568.48 Cr | -10.72 % | + 1882.63 % |
| Interest | Rs. 152.94 Cr | Rs. 236.22 Cr | Rs. 234.35 Cr | -0.79 % | + 53.23 % |
| Depreciation | Rs. 437.72 Cr | Rs. 576.08 Cr | Rs. 576.28 Cr | + 0.03 % | + 31.65 % |
| Profit before tax | Rs. 2884.85 Cr | Rs. 3267.67 Cr | Rs. 3019.08 Cr | -7.61 % | + 4.65 % |
| Tax % | 29.33 % | 20.52 % | 26.05 % | + 5.53 % | -3.28 % |
| Net Profit | Rs. 1979.74 Cr | Rs. 2607.66 Cr | Rs. 2332.94 Cr | -10.54 % | + 17.84 % |
| EPS in Rs | Rs. 16.07 | Rs. 21.65 | Rs. 19.74 | -8.82 % | + 22.84 % |
Today, we’re looking at Oil India Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 15.95 %. However, it did see a marginal slip of -6.84 % from the previous quarter. Expenses decreased slightly by -7.56 % quarter-on-quarter, aligning with the annual rise of 31.26 %. Operating profit, while down -7.02 % compared to last year, faced a quarter-on-quarter dip of -5.29 %, 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 -7.92 %, but an expansion of 0.53 % sequentially. Other income fell by -10.72 % compared to the last quarter, despite an annual growth of 1882.63 %. Interest expenses dropped significantly by -0.79 % from the previous quarter, yet the year-over-year increase remains at a moderate 53.23 %. Depreciation costs climbed by 0.03 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 31.65 %. Profit before tax grew annually by 4.65 % but saw a reduction from the preceding quarter by -7.61 %.
Tax expenses as a percentage of profits decreased slightly by -3.28 % compared to last year, with a more notable quarter-on-quarter increase of 5.53 %. Net profit rose by 17.84 % year-on-year but witnessed a -10.54 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 22.84 % but a quarterly fall of -8.82 %. In summary, Oil India 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. 8767.72 Cr | Rs. 10912.61 Cr | Rs. 10165.78 Cr | -6.84 % | + 15.95 % |
| Expenses | Rs. 5260.32 Cr | Rs. 7469.37 Cr | Rs. 6904.55 Cr | -7.56 % | + 31.26 % |
| Operating Profit | Rs. 3507.4 Cr | Rs. 3443.24 Cr | Rs. 3261.23 Cr | -5.29 % | -7.02 % |
| Net Profit | Rs. 1979.74 Cr | Rs. 2607.66 Cr | Rs. 2332.94 Cr | -10.54 % | + 17.84 % |
| EPS in Rs | Rs. 16.07 | Rs. 21.65 | Rs. 19.74 | -8.82 % | + 22.84 % |
In reviewing Oil India Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 15.95 % year-on-year growth, although there was a slight dip of -6.84 % from the previous quarter. Expenses rose by 31.26 % compared to the previous year, with a decrease of -7.56 % quarter-on-quarter. Operating Profit dropped by -7.02 % annually, and saw a -5.29 % decrease from the last quarter.
Net Profit showed yearly increase of 17.84 %, and experienced a -10.54 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 22.84 % annually, however dipped by -8.82 % compared to the last quarter. In essence, while Oil India Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
