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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 37.15 % in the past year, decrease in net sales/revenue by -3.55 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -92.31 %, Marginal increase in other income during this quarter, up by 0%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Axel Polymers Ltd.. Profit dropped by -117.24 % Year to Year, Axel Polymers Ltd.’s profitability dropped by -110.42 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -116.67 % Year to Year. EPS decreased by -110.13 % 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. 27.179 Cr | Rs. 38.648 Cr | Rs. 37.276 Cr | -3.55 % | + 37.15 % |
Expenses | Rs. 25.29 Cr | Rs. 37.18 Cr | Rs. 35.85 Cr | -3.58 % | + 41.76 % |
Operating Profit | Rs. 1.89 Cr | Rs. 1.47 Cr | Rs. 1.43 Cr | -2.72 % | -24.34 % |
OPM % | 6.95 % | 3.8 % | 3.84 % | + 0.04 % | -3.11 % |
Other Income | Rs. 0.13 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | -92.31 % |
Interest | Rs. 0.86 Cr | Rs. 0.67 Cr | Rs. 0.62 Cr | -7.46 % | -27.91 % |
Depreciation | Rs. 0.24 Cr | Rs. 0.12 Cr | Rs. 0.34 Cr | + 183.33 % | + 41.67 % |
Profit before tax | Rs. 0.92 Cr | Rs. 0.69 Cr | Rs. 0.48 Cr | -30.43 % | -47.83 % |
Tax % | 55.32 % | 2.89 % | 114.92 % | + 112.03 % | + 59.6 % |
Net Profit | Rs. 0.41 Cr | Rs. 0.67 Cr | Rs. -0.07 Cr | -110.45 % | -117.07 % |
EPS in Rs | Rs. 0.48 | Rs. 0.79 | Rs. -0.08 | -110.13 % | -116.67 % |
Today, we’re looking at Axel Polymers 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 37.15 %. However, it did see a marginal slip of -3.55 % from the previous quarter. Expenses decreased slightly by -3.58 % quarter-on-quarter, aligning with the annual rise of 41.76 %. Operating profit, while down -24.34 % compared to last year, faced a quarter-on-quarter dip of -2.72 %, 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 -3.11 %, but an expansion of 0.04 % sequentially. Other income rose by 0 % compared to the last quarter, despite an annual decline of -92.31 %. Interest expenses dropped significantly by -7.46 % from the previous quarter, yet the year-over-year decrease remains at a moderate -27.91 %. Depreciation costs climbed by 183.33 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 41.67 %. Profit before tax declined annually by -47.83 % but saw a reduction from the preceding quarter by -30.43 %.
Tax expenses as a percentage of profits increased slightly by 59.6 % compared to last year, with a more notable quarter-on-quarter increase of 112.03 %. Net profit fell by -117.07 % year-on-year but witnessed a -110.45 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -116.67 % but a quarterly fall of -110.13 %. In summary, Axel Polymers 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. 27.179 Cr | Rs. 38.648 Cr | Rs. 37.276 Cr | -3.55 % | + 37.15 % |
Expenses | Rs. 25.29 Cr | Rs. 37.18 Cr | Rs. 35.85 Cr | -3.58 % | + 41.76 % |
Operating Profit | Rs. 1.89 Cr | Rs. 1.47 Cr | Rs. 1.43 Cr | -2.72 % | -24.34 % |
Net Profit | Rs. 0.41 Cr | Rs. 0.67 Cr | Rs. -0.07 Cr | -110.45 % | -117.07 % |
EPS in Rs | Rs. 0.48 | Rs. 0.79 | Rs. -0.08 | -110.13 % | -116.67 % |
In reviewing Axel Polymers Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 37.15 % year-on-year growth, although there was a slight dip of -3.55 % from the previous quarter. Expenses rose by 41.76 % compared to the previous year, with a decrease of -3.58 % quarter-on-quarter. Operating Profit dropped by -24.34 % annually, and saw a -2.72 % decrease from the last quarter.
Net Profit showed yearly decrease of -117.07 %, and experienced a -110.45 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -116.67 % annually, however dipped by -110.13 % compared to the last quarter. In essence, while Axel Polymers Ltd. faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.