PakStox Outlook

In the latest quarter, (Q2 Jun 2024), EFERT earned a net income of Rs. 4.6 per share, and declared a cash dividend of Rs. 3 per share. Gross profit, decreased by 69.5% over Q1 (Mar 2024)

EFERT: Engro Fertilizer Ltd FINANCIAL RESULTS: FOR THE FIRST QUARTER ENDED MARCH 31, 2024 Cash Dividend: An interim cash dividend for the first quarter ended March 31, 2024, at Rs. 8.00 per share, i.e., 80%. EPS: Rs. 6.6 (last year, Rs. 4.13 in the same quarter last year) EFERT continues to shine. Remarkable first quarter performance. Sales surged impressively by 61%. Gross profit witnessed even more remarkable growth, soaring by 113% to Rs. 18.3 billion, driven by improved operational efficiency and a widened gross profit margin, which expanded from 26% to 34%. Profit before tax surged by 90% to Rs. 13.8 billion, despite a decline in other income. The growth in profit after tax got restricted to 60% due to higher taxation at 36% compared to 24% in the same quarter last year. On a consolidated basis, EFERT has posted an EPS of Rs. 8.08, substantially higher than Rs. 3.3 last year. Today EFERT closed at Rs.154.14 gaining Rs. 6.12 up 4.14%. Year to date it has gained over 37.4% and in on...

EFERT, First Quarter March 2023, Earning Release: EPS : Rs. 4.13, up 2% on the previous quarter and up 17% over the same quarter last year. Cash dividend : Rs. 3.5 per share. The trailing twelve-month cash dividend is Rs. 11.5. Price (Rs.) 1 Month 6 Month 1 Year 86.75 -3.6% 6.6% -7.8% Sales for the quarter were higher by 34% over the previous quarter and 37% over the same quarter last year. Gross profit for the quarter were higher by 28% over the previous quarter and 26% over the same quarter last year. Profit after tax for the quarter was higher by 2% over the previous quarter and 17% over the same quarter last year. PAT in the previous quarter (December 2022) was boosted because of a tax reversal. EFERT is trading at Rs 86.75, with a price-to-earnings ratio of 7.1, a price-to-book ratio of 2.7, and a attractive dividend yield (trailing twelve months) of over 13.3%. Download EFERT Earning Release 1QMar23 See Key Financials of EFERT; EFERT: Engro Fertilizers Limited Rs. in Millions 1Q...