Share the post "Avantel : Q1 2024 Financial Quarterly Report : YoY Sales Down 24.92 %, QoQ Up 23.95 %"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -24.92 % over the year, substantial increase in net sales/revenue by 23.95 %.
- 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 50 %. Marginal decrease of -34.78% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Avantel Limited. Profit dropped by -7.88 % Year to Year, Avantel Limited’s profitability dropped by -39.27 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -93.93 % Year to Year. EPS decreased by -40 % 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. 68.948 Cr | Rs. 41.761 Cr | Rs. 51.764 Cr | + 23.95 % | -24.92 % |
| Expenses | Rs. 54.7 Cr | Rs. 23.61 Cr | Rs. 37.61 Cr | + 59.3 % | -31.24 % |
| Operating Profit | Rs. 14.25 Cr | Rs. 18.15 Cr | Rs. 14.15 Cr | -22.04 % | -0.7 % |
| OPM % | 20.67 % | 43.46 % | 27.34 % | -16.12 % | + 6.67 % |
| Other Income | Rs. 0.2 Cr | Rs. 0.46 Cr | Rs. 0.3 Cr | -34.78 % | + 50 % |
| Interest | Rs. 1.49 Cr | Rs. 0.31 Cr | Rs. 0.64 Cr | + 106.45 % | -57.05 % |
| Depreciation | Rs. 1.57 Cr | Rs. 2.45 Cr | Rs. 2.86 Cr | + 16.73 % | + 82.17 % |
| Profit before tax | Rs. 11.39 Cr | Rs. 15.85 Cr | Rs. 10.95 Cr | -30.91 % | -3.86 % |
| Tax % | 29.7 % | 23.34 % | 32.67 % | + 9.33 % | + 2.97 % |
| Net Profit | Rs. 8.01 Cr | Rs. 12.15 Cr | Rs. 7.38 Cr | -39.26 % | -7.87 % |
| EPS in Rs | Rs. 4.94 | Rs. 0.5 | Rs. 0.3 | -40 % | -93.93 % |
Today, we’re looking at Avantel Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -24.92 %. However, it did see a marginal increase of 23.95 % from the previous quarter. Expenses ticked up slightly by 59.3 % quarter-on-quarter, aligning with the annual decline of -31.24 %. Operating profit, while down -0.7 % compared to last year, faced a quarter-on-quarter dip of -22.04 %, 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 6.67 %, but a shrinkage of -16.12 % sequentially. Other income fell by -34.78 % compared to the last quarter, despite an annual growth of 50 %. Interest expenses surged remarkably by 106.45 % from the previous quarter, yet the year-over-year decrease remains at a moderate -57.05 %. Depreciation costs climbed by 16.73 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 82.17 %. Profit before tax declined annually by -3.86 % but saw a reduction from the preceding quarter by -30.91 %.
Tax expenses as a percentage of profits increased slightly by 2.97 % compared to last year, with a more notable quarter-on-quarter increase of 9.33 %. Net profit fell by -7.87 % year-on-year but witnessed a -39.26 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -93.93 % but a quarterly fall of -40 %. In summary, Avantel 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. 68.948 Cr | Rs. 41.761 Cr | Rs. 51.764 Cr | + 23.95 % | -24.92 % |
| Expenses | Rs. 54.7 Cr | Rs. 23.61 Cr | Rs. 37.61 Cr | + 59.3 % | -31.24 % |
| Operating Profit | Rs. 14.25 Cr | Rs. 18.15 Cr | Rs. 14.15 Cr | -22.04 % | -0.7 % |
| Net Profit | Rs. 8.01 Cr | Rs. 12.15 Cr | Rs. 7.38 Cr | -39.26 % | -7.87 % |
| EPS in Rs | Rs. 4.94 | Rs. 0.5 | Rs. 0.3 | -40 % | -93.93 % |
In reviewing Avantel Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -24.92 % year-on-year, however, there was a minor increase of 23.95 % from the previous quarter. Expenses decreased by -31.24 % compared to the previous year, with a 59.3 % increase quarter-on-quarter. Operating Profit dropped by -0.7 % annually, and saw a -22.04 % decrease from the last quarter.
Net Profit showed yearly decrease of -7.87 %, and experienced a -39.26 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -93.93 % annually, however dipped by -40 % compared to the last quarter. In essence, while Avantel Limited 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.
-26
3-Year Profit
0
5-Year Profit
0
10-Year Profit
96.0
Current Price
866
Market Cap
For the company identified by BSE code 542337, the financial performance highlights a solid five-year profit of 0 percents. This figure escalates to -26 percents over the three-year period, pointing to positive momentum in its earnings. Despite these encouraging trends, the trailing twelve-month (TTM) figures uncover an alarming profit loss of -8 percents. This decline, coupled with the fact that the company recorded zero sales across all periods examined, raises red flags about the sustainability of its business model and its ability to generate consistent revenue. Furthermore, the stock price fluctuations during this period further reflect the company's uncertain position. The stock started at 5 percents but has since plummeted to 35 percents recently, painting a picture of rapid decline. Over a longer ten-year horizon, the stock price stood at 0 percents, further underscoring the long-term challenges the company faces in maintaining investor confidence and market value.
With a market capitalization of ₹866 crore, the company’s stock is currently trading at ₹96.0, having fluctuated within a range of ₹139 / 63.0 over the years. The stock's P/E ratio of reflects a relatively high valuation compared to its earnings, which could suggest strong future growth expectations or heightened investor demand. The company’s book value is ₹-46.1, representing the total value of its assets on a per-share basis, while the dividend yield of 0.00% offers a modest return to shareholders. ROCE, at -10.3%, highlights the company's efficient use of capital in generating profits, while ROE at % underscores its ability to generate returns for shareholders. The debt-to-equity ratio of is very low, indicating conservative financial management and minimal reliance on borrowed funds. Despite this, the company shows a negative net cash flow of ₹18.3 crore, which could point to cash management challenges or recent heavy investments. The Piotroski score of 3.00 suggests moderate financial strength, while the Graham Number, pegged at ₹, offers a rough estimate of the stock's intrinsic value. The Price-to-Book (P/B) ratio of signals that the stock is trading at a premium, which might reflect investor confidence in the company's growth trajectory.
![[fetch_key]](https://stocktradeupdates.com/wp-content/uploads/new_logos/NILAINFRA.png)
