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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 37.77 % in the past year, substantial increase in net sales/revenue by 40.81 %.
- 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 200 %. Marginal increase in other income during this quarter, up by 200%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Advance Petrochemicals Ltd.,. Profit dropped by -156.17 % Year to Year, Advance Petrochemicals Ltd.,’s profitability dropped by -573.47 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -156.21 % Year to Year. EPS decreased by -577.78 % 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. 7.974 Cr | Rs. 7.802 Cr | Rs. 10.986 Cr | + 40.81 % | + 37.77 % |
Expenses | Rs. 7.82 Cr | Rs. 7.45 Cr | Rs. 10.38 Cr | + 39.33 % | + 32.74 % |
Operating Profit | Rs. 0.15 Cr | Rs. 0.35 Cr | Rs. 0.61 Cr | + 74.29 % | + 306.67 % |
OPM % | 1.88 % | 4.49 % | 5.55 % | + 1.06 % | + 3.67 % |
Other Income | Rs. -0.03 Cr | Rs. 0.01 Cr | Rs. 0.03 Cr | + 200 % | + 200 % |
Interest | Rs. 0.18 Cr | Rs. 0.21 Cr | Rs. 0.23 Cr | + 9.52 % | + 27.78 % |
Depreciation | Rs. 0.43 Cr | Rs. 0.2 Cr | Rs. 0.1 Cr | -50 % | -76.74 % |
Profit before tax | Rs. -0.49 Cr | Rs. -0.05 Cr | Rs. 0.31 Cr | + 720 % | + 163.27 % |
Tax % | -16.09 % | -0 % | 25.16 % | + 25.16 % | + 41.25 % |
Net Profit | Rs. -0.41 Cr | Rs. -0.05 Cr | Rs. 0.23 Cr | + 560 % | + 156.1 % |
EPS in Rs | Rs. -4.59 | Rs. -0.54 | Rs. 2.58 | + 577.78 % | + 156.21 % |
Today, we’re looking at Advance Petrochemicals Ltd.,’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 37.77 %. However, it did see a marginal increase of 40.81 % from the previous quarter. Expenses ticked up slightly by 39.33 % quarter-on-quarter, aligning with the annual rise of 32.74 %. Operating profit, while up 306.67 % compared to last year, faced a quarter-on-quarter increase of 74.29 %, 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 3.67 %, but an expansion of 1.06 % sequentially. Other income rose by 200 % compared to the last quarter, despite an annual growth of 200 %. Interest expenses surged remarkably by 9.52 % from the previous quarter, yet the year-over-year increase remains at a moderate 27.78 %. Depreciation costs fell by -50 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -76.74 %. Profit before tax grew annually by 163.27 % but saw an increase from the preceding quarter by 720 %.
Tax expenses as a percentage of profits increased slightly by 41.25 % compared to last year, with a more notable quarter-on-quarter increase of 25.16 %. Net profit rose by 156.1 % year-on-year but experienced a 560 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 156.21 % but a quarterly rise of 577.78 %. In summary, Advance Petrochemicals 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. 7.974 Cr | Rs. 7.802 Cr | Rs. 10.986 Cr | + 40.81 % | + 37.77 % |
Expenses | Rs. 7.82 Cr | Rs. 7.45 Cr | Rs. 10.38 Cr | + 39.33 % | + 32.74 % |
Operating Profit | Rs. 0.15 Cr | Rs. 0.35 Cr | Rs. 0.61 Cr | + 74.29 % | + 306.67 % |
Net Profit | Rs. -0.41 Cr | Rs. -0.05 Cr | Rs. 0.23 Cr | + 560 % | + 156.1 % |
EPS in Rs | Rs. -4.59 | Rs. -0.54 | Rs. 2.58 | + 577.78 % | + 156.21 % |
In reviewing Advance Petrochemicals Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 37.77 % year-on-year growth, however, there was a minor increase of 40.81 % from the previous quarter. Expenses rose by 32.74 % compared to the previous year, with a 39.33 % increase quarter-on-quarter. Operating Profit surged by 306.67 % annually, and saw a 74.29 % increase from the last quarter.
Net Profit showed yearly increase of 156.1 %, and experienced a 560 % increase from the previous quarter. Earnings Per Share (EPS) rose by 156.21 % annually, however rose by 577.78 % compared to the last quarter. In essence, while Advance Petrochemicals 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.