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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -2.46 % over the year, substantial increase in net sales/revenue by 12.08 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -13.87 %, Marginal increase in other income during this quarter, up by 80.84%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Alkyl Amines Chemicals Ltd.,. Profit dropped by -1.81 % Year to Year, Alkyl Amines Chemicals Ltd.,’s profitability increased by 27.1 % in this quarter.
- EPS over the Year and quarter: EPS declined by -1.85 % Year to Year. EPS increased by 27.13 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 409.79 Cr | Rs. 356.62 Cr | Rs. 399.69 Cr | + 12.08 % | -2.46 % |
| Expenses | Rs. 335.81 Cr | Rs. 287.75 Cr | Rs. 320.61 Cr | + 11.42 % | -4.53 % |
| Operating Profit | Rs. 73.98 Cr | Rs. 68.87 Cr | Rs. 79.08 Cr | + 14.83 % | + 6.89 % |
| OPM % | 18.05 % | 19.31 % | 19.79 % | + 0.48 % | + 1.74 % |
| Other Income | Rs. 5.48 Cr | Rs. 2.61 Cr | Rs. 4.72 Cr | + 80.84 % | -13.87 % |
| Interest | Rs. 0.89 Cr | Rs. 0.71 Cr | Rs. 0.21 Cr | -70.42 % | -76.4 % |
| Depreciation | Rs. 12.18 Cr | Rs. 17.43 Cr | Rs. 17.68 Cr | + 1.43 % | + 45.16 % |
| Profit before tax | Rs. 66.39 Cr | Rs. 53.34 Cr | Rs. 65.91 Cr | + 23.57 % | -0.72 % |
| Tax % | 25.03 % | 27.92 % | 25.85 % | -2.07 % | + 0.82 % |
| Net Profit | Rs. 49.77 Cr | Rs. 38.45 Cr | Rs. 48.87 Cr | + 27.1 % | -1.81 % |
| EPS in Rs | Rs. 9.72 | Rs. 7.51 | Rs. 9.55 | + 27.16 % | -1.75 % |
Today, we’re looking at Alkyl Amines Chemicals Ltd.,’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -2.46 %. However, it did see a marginal increase of 12.08 % from the previous quarter. Expenses ticked up slightly by 11.42 % quarter-on-quarter, aligning with the annual decline of -4.53 %. Operating profit, while up 6.89 % compared to last year, faced a quarter-on-quarter increase of 14.83 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 1.74 %, but an expansion of 0.48 % sequentially. Other income rose by 80.84 % compared to the last quarter, despite an annual decline of -13.87 %. Interest expenses dropped significantly by -70.42 % from the previous quarter, yet the year-over-year decrease remains at a moderate -76.4 %. Depreciation costs climbed by 1.43 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 45.16 %. Profit before tax declined annually by -0.72 % but saw an increase from the preceding quarter by 23.57 %.
Tax expenses as a percentage of profits increased slightly by 0.82 % compared to last year, with a more notable quarter-on-quarter decrease of -2.07 %. Net profit fell by -1.81 % year-on-year but experienced a 27.1 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -1.75 % but a quarterly rise of 27.16 %. In summary, Alkyl Amines Chemicals 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. 409.79 Cr | Rs. 356.62 Cr | Rs. 399.69 Cr | + 12.08 % | -2.46 % |
| Expenses | Rs. 335.81 Cr | Rs. 287.75 Cr | Rs. 320.61 Cr | + 11.42 % | -4.53 % |
| Operating Profit | Rs. 73.98 Cr | Rs. 68.87 Cr | Rs. 79.08 Cr | + 14.83 % | + 6.89 % |
| Net Profit | Rs. 49.77 Cr | Rs. 38.45 Cr | Rs. 48.87 Cr | + 27.1 % | -1.81 % |
| EPS in Rs | Rs. 9.72 | Rs. 7.51 | Rs. 9.55 | + 27.16 % | -1.75 % |
In reviewing Alkyl Amines Chemicals Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -2.46 % year-on-year, however, there was a minor increase of 12.08 % from the previous quarter. Expenses decreased by -4.53 % compared to the previous year, with a 11.42 % increase quarter-on-quarter. Operating Profit surged by 6.89 % annually, and saw a 14.83 % increase from the last quarter.
Net Profit showed yearly decrease of -1.81 %, and experienced a 27.1 % increase from the previous quarter. Earnings Per Share (EPS) fell by -1.75 % annually, however rose by 27.16 % compared to the last quarter. In essence, while Alkyl Amines Chemicals Ltd., faces strong annual decline 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.
