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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 49.24 % in the past year, substantial increase in net sales/revenue by 6.61 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -14.37 %, Marginal increase in other income during this quarter, up by 45.2%.
- Profit over the Year and quarter: Significant improvement in profitability for Anant Raj Limited. Notable increase of 81.58 % in net profit Year to Year, Anant Raj Limited’s profitability increased by 8.33 % in this quarter.
- EPS over the Year and quarter: EPS increased by 70.51 % Year to Year. EPS increased by 11.3 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 316.16 Cr | Rs. 442.59 Cr | Rs. 471.83 Cr | + 6.61 % | + 49.24 % |
Expenses | Rs. 256.64 Cr | Rs. 338.24 Cr | Rs. 368.88 Cr | + 9.06 % | + 43.73 % |
Operating Profit | Rs. 59.52 Cr | Rs. 104.35 Cr | Rs. 102.95 Cr | -1.34 % | + 72.97 % |
OPM % | 18.83 % | 23.58 % | 21.82 % | -1.76 % | + 2.99 % |
Other Income | Rs. 11.48 Cr | Rs. 6.77 Cr | Rs. 9.83 Cr | + 45.2 % | -14.37 % |
Interest | Rs. 7.47 Cr | Rs. 11.41 Cr | Rs. 3.58 Cr | -68.62 % | -52.07 % |
Depreciation | Rs. 4.19 Cr | Rs. 4.81 Cr | Rs. 5.46 Cr | + 13.51 % | + 30.31 % |
Profit before tax | Rs. 59.34 Cr | Rs. 94.9 Cr | Rs. 103.74 Cr | + 9.32 % | + 74.82 % |
Tax % | 16.04 % | 11.04 % | 13.69 % | + 2.65 % | -2.35 % |
Net Profit | Rs. 50.12 Cr | Rs. 84.01 Cr | Rs. 91.01 Cr | + 8.33 % | + 81.58 % |
EPS in Rs | Rs. 1.56 | Rs. 2.39 | Rs. 2.66 | + 11.3 % | + 70.51 % |
Today, we’re looking at Anant Raj 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 49.24 %. However, it did see a marginal increase of 6.61 % from the previous quarter. Expenses ticked up slightly by 9.06 % quarter-on-quarter, aligning with the annual rise of 43.73 %. Operating profit, while up 72.97 % compared to last year, faced a quarter-on-quarter dip of -1.34 %, 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 2.99 %, but a shrinkage of -1.76 % sequentially. Other income rose by 45.2 % compared to the last quarter, despite an annual decline of -14.37 %. Interest expenses dropped significantly by -68.62 % from the previous quarter, yet the year-over-year decrease remains at a moderate -52.07 %. Depreciation costs climbed by 13.51 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 30.31 %. Profit before tax grew annually by 74.82 % but saw an increase from the preceding quarter by 9.32 %.
Tax expenses as a percentage of profits decreased slightly by -2.35 % compared to last year, with a more notable quarter-on-quarter increase of 2.65 %. Net profit rose by 81.58 % year-on-year but experienced a 8.33 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 70.51 % but a quarterly rise of 11.3 %. In summary, Anant Raj 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. 316.16 Cr | Rs. 442.59 Cr | Rs. 471.83 Cr | + 6.61 % | + 49.24 % |
Expenses | Rs. 256.64 Cr | Rs. 338.24 Cr | Rs. 368.88 Cr | + 9.06 % | + 43.73 % |
Operating Profit | Rs. 59.52 Cr | Rs. 104.35 Cr | Rs. 102.95 Cr | -1.34 % | + 72.97 % |
Net Profit | Rs. 50.12 Cr | Rs. 84.01 Cr | Rs. 91.01 Cr | + 8.33 % | + 81.58 % |
EPS in Rs | Rs. 1.56 | Rs. 2.39 | Rs. 2.66 | + 11.3 % | + 70.51 % |
In reviewing Anant Raj Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 49.24 % year-on-year growth, however, there was a minor increase of 6.61 % from the previous quarter. Expenses rose by 43.73 % compared to the previous year, with a 9.06 % increase quarter-on-quarter. Operating Profit surged by 72.97 % annually, and saw a -1.34 % decrease from the last quarter.
Net Profit showed yearly increase of 81.58 %, and experienced a 8.33 % increase from the previous quarter. Earnings Per Share (EPS) rose by 70.51 % annually, however rose by 11.3 % compared to the last quarter. In essence, while Anant Raj Limited 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.