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Andhra Cements : Q1 2024 Financial Quarterly Report : YoY Sales Up 380.23 %, QoQ Down 30.98 %

July 18, 2024July 18, 2024| adminadmin| 0 Comments| 2:45 pm
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 380.23 % in the past year, decrease in net sales/revenue by -30.98 %.
  • 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 1166.67 %. Marginal decrease of -38.87% in other income during this quarter.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Andhra Cements Limited. Profit dropped by -4.34 % Year to Year, Andhra Cements Limited’s profitability increased by 25.61 % in this quarter.
  • EPS over the Year and quarter: EPS declined by -4.48 % Year to Year. EPS increased by 25.49 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Andhra Cements Limited”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. 13.2 Cr Rs. 91.84 Cr Rs. 63.39 Cr -30.98 % + 380.23 %
Expenses Rs. 24.17 Cr Rs. 96.44 Cr Rs. 68.77 Cr -28.69 % + 184.53 %
Operating Profit Rs. -10.97 Cr Rs. -4.6 Cr Rs. -5.38 Cr -16.96 % + 50.96 %
OPM % -83.11 % -5.01 % -8.49 % -3.48 % + 74.62 %
Other Income Rs. 0.36 Cr Rs. 7.46 Cr Rs. 4.56 Cr -38.87 % + 1166.67 %
Interest Rs. 14.14 Cr Rs. 17.61 Cr Rs. 18.04 Cr + 2.44 % + 27.58 %
Depreciation Rs. 12.87 Cr Rs. 14.92 Cr Rs. 17.22 Cr + 15.42 % + 33.8 %
Profit before tax Rs. -37.62 Cr Rs. -29.67 Cr Rs. -36.08 Cr -21.6 % + 4.09 %
Tax % -34.45 % -36.7 % -34.62 % + 2.08 % -0.17 %
Net Profit Rs. -24.66 Cr Rs. -18.78 Cr Rs. -23.59 Cr -25.61 % + 4.34 %
EPS in Rs Rs. -2.68 Rs. -2.04 Rs. -2.56 -25.49 % + 4.48 %


Today, we’re looking at Andhra Cements Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 380.23 %. However, it did see a marginal slip of -30.98 % from the previous quarter. Expenses decreased slightly by -28.69 % quarter-on-quarter, aligning with the annual rise of 184.53 %. Operating profit, while up 50.96 % compared to last year, faced a quarter-on-quarter dip of -16.96 %, 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 74.62 %, but a shrinkage of -3.48 % sequentially. Other income fell by -38.87 % compared to the last quarter, despite an annual growth of 1166.67 %. Interest expenses surged remarkably by 2.44 % from the previous quarter, yet the year-over-year increase remains at a moderate 27.58 %. Depreciation costs climbed by 15.42 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 33.8 %. Profit before tax grew annually by 4.09 % but saw a reduction from the preceding quarter by -21.6 %.
Tax expenses as a percentage of profits decreased slightly by -0.17 % compared to last year, with a more notable quarter-on-quarter increase of 2.08 %. Net profit rose by 4.34 % year-on-year but witnessed a -25.61 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 4.48 % but a quarterly fall of -25.49 %. In summary, Andhra Cements 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. 13.2 Cr Rs. 91.84 Cr Rs. 63.39 Cr -30.98 % + 380.23 %
Expenses Rs. 24.17 Cr Rs. 96.44 Cr Rs. 68.77 Cr -28.69 % + 184.53 %
Operating Profit Rs. -10.97 Cr Rs. -4.6 Cr Rs. -5.38 Cr -16.96 % + 50.96 %
Net Profit Rs. -24.66 Cr Rs. -18.78 Cr Rs. -23.59 Cr -25.61 % + 4.34 %
EPS in Rs Rs. -2.68 Rs. -2.04 Rs. -2.56 -25.49 % + 4.48 %


In reviewing Andhra Cements Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 380.23 % year-on-year growth, although there was a slight dip of -30.98 % from the previous quarter. Expenses rose by 184.53 % compared to the previous year, with a decrease of -28.69 % quarter-on-quarter. Operating Profit surged by 50.96 % annually, and saw a -16.96 % decrease from the last quarter.
Net Profit showed yearly increase of 4.34 %, and experienced a -25.61 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 4.48 % annually, however dipped by -25.49 % compared to the last quarter. In essence, while Andhra Cements 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.

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