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Highlights
- Sales over the Year and quarter: The company’s sales declined by -32.96 % over the year, substantial increase in net sales/revenue by 6.43 %.
- 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 86.18 %. Marginal increase in other income during this quarter, up by 203.31%.
- Profit over the Year and quarter: Challenges in sustaining profitability for ZUARI AGRO CHEMICALS LIMITED. Profit dropped by -118.13 % Year to Year, ZUARI AGRO CHEMICALS LIMITED’s profitability increased by 170.96 % in this quarter.
- EPS over the Year and quarter: EPS declined by -116.40 % Year to Year. EPS increased by 163.57 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1338.91 Cr | Rs. 843.44 Cr | Rs. 897.67 Cr | + 6.43 % | -32.96 % |
Expenses | Rs. 1208.23 Cr | Rs. 768.24 Cr | Rs. 879.07 Cr | + 14.43 % | -27.24 % |
Operating Profit | Rs. 130.68 Cr | Rs. 75.2 Cr | Rs. 18.6 Cr | -75.27 % | -85.77 % |
OPM % | 9.76 % | 8.92 % | 2.07 % | -6.85 % | -7.69 % |
Other Income | Rs. 70.41 Cr | Rs. 43.22 Cr | Rs. 131.09 Cr | + 203.31 % | + 86.18 % |
Interest | Rs. 53.53 Cr | Rs. 48.8 Cr | Rs. 51 Cr | + 4.51 % | -4.73 % |
Depreciation | Rs. 21.25 Cr | Rs. 24.17 Cr | Rs. 24.52 Cr | + 1.45 % | + 15.39 % |
Profit before tax | Rs. 126.31 Cr | Rs. 45.45 Cr | Rs. 74.17 Cr | + 63.19 % | -41.28 % |
Tax % | -25.28 % | 115.36 % | 4.57 % | -110.79 % | + 29.85 % |
Net Profit | Rs. -426.7 Cr | Rs. 28.55 Cr | Rs. 77.36 Cr | + 170.96 % | + 118.13 % |
EPS in Rs | Rs. -108.99 | Rs. 6.78 | Rs. 17.87 | + 163.57 % | + 116.4 % |
Today, we’re looking at ZUARI AGRO CHEMICALS 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 -32.96 %. However, it did see a marginal increase of 6.43 % from the previous quarter. Expenses ticked up slightly by 14.43 % quarter-on-quarter, aligning with the annual decline of -27.24 %. Operating profit, while down -85.77 % compared to last year, faced a quarter-on-quarter dip of -75.27 %, 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 -7.69 %, but a shrinkage of -6.85 % sequentially. Other income rose by 203.31 % compared to the last quarter, despite an annual growth of 86.18 %. Interest expenses surged remarkably by 4.51 % from the previous quarter, yet the year-over-year decrease remains at a moderate -4.73 %. Depreciation costs climbed by 1.45 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 15.39 %. Profit before tax declined annually by -41.28 % but saw an increase from the preceding quarter by 63.19 %.
Tax expenses as a percentage of profits increased slightly by 29.85 % compared to last year, with a more notable quarter-on-quarter decrease of -110.79 %. Net profit rose by 118.13 % year-on-year but experienced a 170.96 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 116.4 % but a quarterly rise of 163.57 %. In summary, ZUARI AGRO CHEMICALS 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. 1338.91 Cr | Rs. 843.44 Cr | Rs. 897.67 Cr | + 6.43 % | -32.96 % |
Expenses | Rs. 1208.23 Cr | Rs. 768.24 Cr | Rs. 879.07 Cr | + 14.43 % | -27.24 % |
Operating Profit | Rs. 130.68 Cr | Rs. 75.2 Cr | Rs. 18.6 Cr | -75.27 % | -85.77 % |
Net Profit | Rs. -426.7 Cr | Rs. 28.55 Cr | Rs. 77.36 Cr | + 170.96 % | + 118.13 % |
EPS in Rs | Rs. -108.99 | Rs. 6.78 | Rs. 17.87 | + 163.57 % | + 116.4 % |
In reviewing ZUARI AGRO CHEMICALS LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -32.96 % year-on-year, however, there was a minor increase of 6.43 % from the previous quarter. Expenses decreased by -27.24 % compared to the previous year, with a 14.43 % increase quarter-on-quarter. Operating Profit dropped by -85.77 % annually, and saw a -75.27 % decrease from the last quarter.
Net Profit showed yearly increase of 118.13 %, and experienced a 170.96 % increase from the previous quarter. Earnings Per Share (EPS) rose by 116.4 % annually, however rose by 163.57 % compared to the last quarter. In essence, while ZUARI AGRO CHEMICALS LIMITED 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.