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Ashima : Q4 2024 Financial Quarterly Report : YoY Sales Up 283.24 %, QoQ Up 84.93 %

June 24, 2024June 24, 2024| adminadmin| 0 Comments| 12:10 pm
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 283.24 % in the past year, substantial increase in net sales/revenue by 84.93 %.
  • 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 1.3 %. Marginal increase in other income during this quarter, up by 116.67%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Ashima Ltd. Profit dropped by -1723.62 % Year to Year, Ashima Ltd’s profitability increased by 2684.37 % in this quarter.
  • EPS over the Year and quarter: EPS declined by -1,712.90 % Year to Year. EPS increased by 2677.78 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Ashima Ltd”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 38.161 Cr Rs. 79.082 Cr Rs. 146.25 Cr + 84.93 % + 283.24 %
Expenses Rs. 43.32 Cr Rs. 73.09 Cr Rs. 82.87 Cr + 13.38 % + 91.3 %
Operating Profit Rs. -5.16 Cr Rs. 5.99 Cr Rs. 63.38 Cr + 958.1 % + 1328.29 %
OPM % -13.52 % 7.57 % 43.34 % + 35.77 % + 56.86 %
Other Income Rs. 0.77 Cr Rs. 0.36 Cr Rs. 0.78 Cr + 116.67 % + 1.3 %
Interest Rs. 0.48 Cr Rs. 1.71 Cr Rs. 2.18 Cr + 27.49 % + 354.17 %
Depreciation Rs. 1.03 Cr Rs. 1.2 Cr Rs. 1.11 Cr -7.5 % + 7.77 %
Profit before tax Rs. -5.9 Cr Rs. 3.44 Cr Rs. 60.87 Cr + 1669.48 % + 1131.69 %
Tax % -0 % 0 % 57.48 % + 57.48 % + 57.48 %
Net Profit Rs. -5.9 Cr Rs. 3.44 Cr Rs. 95.81 Cr + 2685.17 % + 1723.9 %
EPS in Rs Rs. -0.31 Rs. 0.18 Rs. 5 + 2677.78 % + 1712.9 %


Today, we’re looking at Ashima 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 283.24 %. However, it did see a marginal increase of 84.93 % from the previous quarter. Expenses ticked up slightly by 13.38 % quarter-on-quarter, aligning with the annual rise of 91.3 %. Operating profit, while up 1328.29 % compared to last year, faced a quarter-on-quarter increase of 958.1 %, 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 56.86 %, but an expansion of 35.77 % sequentially. Other income rose by 116.67 % compared to the last quarter, despite an annual growth of 1.3 %. Interest expenses surged remarkably by 27.49 % from the previous quarter, yet the year-over-year increase remains at a moderate 354.17 %. Depreciation costs fell by -7.5 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 7.77 %. Profit before tax grew annually by 1131.69 % but saw an increase from the preceding quarter by 1669.48 %.
Tax expenses as a percentage of profits increased slightly by 57.48 % compared to last year, with a more notable quarter-on-quarter increase of 57.48 %. Net profit rose by 1723.9 % year-on-year but experienced a 2685.17 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 1712.9 % but a quarterly rise of 2677.78 %. In summary, Ashima 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. 38.161 Cr Rs. 79.082 Cr Rs. 146.25 Cr + 84.93 % + 283.24 %
Expenses Rs. 43.32 Cr Rs. 73.09 Cr Rs. 82.87 Cr + 13.38 % + 91.3 %
Operating Profit Rs. -5.16 Cr Rs. 5.99 Cr Rs. 63.38 Cr + 958.1 % + 1328.29 %
Net Profit Rs. -5.9 Cr Rs. 3.44 Cr Rs. 95.81 Cr + 2685.17 % + 1723.9 %
EPS in Rs Rs. -0.31 Rs. 0.18 Rs. 5 + 2677.78 % + 1712.9 %


In reviewing Ashima Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 283.24 % year-on-year growth, however, there was a minor increase of 84.93 % from the previous quarter. Expenses rose by 91.3 % compared to the previous year, with a 13.38 % increase quarter-on-quarter. Operating Profit surged by 1328.29 % annually, and saw a 958.1 % increase from the last quarter.
Net Profit showed yearly increase of 1723.9 %, and experienced a 2685.17 % increase from the previous quarter. Earnings Per Share (EPS) rose by 1712.9 % annually, however rose by 2677.78 % compared to the last quarter. In essence, while Ashima 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.

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