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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 31.63 % in the past year, decrease in net sales/revenue by -22.83 %.
- 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 11.04 %. Marginal increase in other income during this quarter, up by 101.18%.
- Profit over the Year and quarter: Significant improvement in profitability for Avro India Limited. Notable increase of 0.8 % in net profit Year to Year, Avro India Limited’s profitability dropped by -21.98 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 0.00 % Year to Year. EPS decreased by -21.62 % 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. 17.106 Cr | Rs. 29.176 Cr | Rs. 22.516 Cr | -22.83 % | + 31.63 % |
Expenses | Rs. 16.59 Cr | Rs. 27.36 Cr | Rs. 21.74 Cr | -20.54 % | + 31.04 % |
Operating Profit | Rs. 0.52 Cr | Rs. 1.82 Cr | Rs. 0.78 Cr | -57.14 % | + 50 % |
OPM % | 3.04 % | 6.24 % | 3.46 % | -2.78 % | + 0.42 % |
Other Income | Rs. 1.54 Cr | Rs. 0.85 Cr | Rs. 1.71 Cr | + 101.18 % | + 11.04 % |
Interest | Rs. 0.26 Cr | Rs. 0.37 Cr | Rs. 0.37 Cr | + 0 % | + 42.31 % |
Depreciation | Rs. 0.56 Cr | Rs. 0.75 Cr | Rs. 0.87 Cr | + 16 % | + 55.36 % |
Profit before tax | Rs. 1.24 Cr | Rs. 1.55 Cr | Rs. 1.25 Cr | -19.35 % | + 0.81 % |
Tax % | 29.61 % | 27.34 % | 29.93 % | + 2.59 % | + 0.32 % |
Net Profit | Rs. 0.87 Cr | Rs. 1.12 Cr | Rs. 0.88 Cr | -21.43 % | + 1.15 % |
EPS in Rs | Rs. 0.87 | Rs. 1.11 | Rs. 0.87 | -21.62 % | + 0 % |
Today, we’re looking at Avro 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 31.63 %. However, it did see a marginal slip of -22.83 % from the previous quarter. Expenses decreased slightly by -20.54 % quarter-on-quarter, aligning with the annual rise of 31.04 %. Operating profit, while up 50 % compared to last year, faced a quarter-on-quarter dip of -57.14 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.42 %, but a shrinkage of -2.78 % sequentially. Other income rose by 101.18 % compared to the last quarter, despite an annual growth of 11.04 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 42.31 %. Depreciation costs climbed by 16 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 55.36 %. Profit before tax grew annually by 0.81 % but saw a reduction from the preceding quarter by -19.35 %.
Tax expenses as a percentage of profits increased slightly by 0.32 % compared to last year, with a more notable quarter-on-quarter increase of 2.59 %. Net profit rose by 1.15 % year-on-year but witnessed a -21.43 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 0 % but a quarterly fall of -21.62 %. In summary, Avro 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. 17.106 Cr | Rs. 29.176 Cr | Rs. 22.516 Cr | -22.83 % | + 31.63 % |
Expenses | Rs. 16.59 Cr | Rs. 27.36 Cr | Rs. 21.74 Cr | -20.54 % | + 31.04 % |
Operating Profit | Rs. 0.52 Cr | Rs. 1.82 Cr | Rs. 0.78 Cr | -57.14 % | + 50 % |
Net Profit | Rs. 0.87 Cr | Rs. 1.12 Cr | Rs. 0.88 Cr | -21.43 % | + 1.15 % |
EPS in Rs | Rs. 0.87 | Rs. 1.11 | Rs. 0.87 | -21.62 % | + 0 % |
In reviewing Avro India Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 31.63 % year-on-year growth, although there was a slight dip of -22.83 % from the previous quarter. Expenses rose by 31.04 % compared to the previous year, with a decrease of -20.54 % quarter-on-quarter. Operating Profit surged by 50 % annually, and saw a -57.14 % decrease from the last quarter.
Net Profit showed yearly increase of 1.15 %, and experienced a -21.43 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 0 % annually, however dipped by -21.62 % compared to the last quarter. In essence, while Avro 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.