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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 27.4 % in the past year, decrease in net sales/revenue by -19.22 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -22.95 %, Marginal decrease of -84.83% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Ashoka Buildcon Limited. Notable increase of 119.41 % in net profit Year to Year, Ashoka Buildcon Limited’s profitability dropped by -37.9 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 122.41 % Year to Year. EPS decreased by -39.71 % 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. 1935.162 Cr | Rs. 3051.87 Cr | Rs. 2465.393 Cr | -19.22 % | + 27.4 % |
Expenses | Rs. 1461.87 Cr | Rs. 2425.75 Cr | Rs. 1866.47 Cr | -23.06 % | + 27.68 % |
Operating Profit | Rs. 473.29 Cr | Rs. 626.12 Cr | Rs. 598.92 Cr | -4.34 % | + 26.54 % |
OPM % | 24.46 % | 20.52 % | 24.29 % | + 3.77 % | -0.17 % |
Other Income | Rs. 37.978 Cr | Rs. 192.932 Cr | Rs. 29.262 Cr | -84.83 % | -22.95 % |
Interest | Rs. 318.6 Cr | Rs. 333.8 Cr | Rs. 307.96 Cr | -7.74 % | -3.34 % |
Depreciation | Rs. 96.07 Cr | Rs. 67.97 Cr | Rs. 93.68 Cr | + 37.83 % | -2.49 % |
Profit before tax | Rs. 96.6 Cr | Rs. 417.28 Cr | Rs. 226.54 Cr | -45.71 % | + 134.51 % |
Tax % | 25.68 % | 38.22 % | 30.38 % | -7.84 % | + 4.7 % |
Net Profit | Rs. 71.98 Cr | Rs. 254.31 Cr | Rs. 157.93 Cr | -37.9 % | + 119.41 % |
EPS in Rs | Rs. 2.41 | Rs. 8.89 | Rs. 5.36 | -39.71 % | + 122.41 % |
Today, we’re looking at Ashoka Buildcon 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 27.4 %. However, it did see a marginal slip of -19.22 % from the previous quarter. Expenses decreased slightly by -23.06 % quarter-on-quarter, aligning with the annual rise of 27.68 %. Operating profit, while up 26.54 % compared to last year, faced a quarter-on-quarter dip of -4.34 %, 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 -0.17 %, but an expansion of 3.77 % sequentially. Other income fell by -84.83 % compared to the last quarter, despite an annual decline of -22.95 %. Interest expenses dropped significantly by -7.74 % from the previous quarter, yet the year-over-year decrease remains at a moderate -3.34 %. Depreciation costs climbed by 37.83 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -2.49 %. Profit before tax grew annually by 134.51 % but saw a reduction from the preceding quarter by -45.71 %.
Tax expenses as a percentage of profits increased slightly by 4.7 % compared to last year, with a more notable quarter-on-quarter decrease of -7.84 %. Net profit rose by 119.41 % year-on-year but witnessed a -37.9 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 122.41 % but a quarterly fall of -39.71 %. In summary, Ashoka Buildcon 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. 1935.162 Cr | Rs. 3051.87 Cr | Rs. 2465.393 Cr | -19.22 % | + 27.4 % |
Expenses | Rs. 1461.87 Cr | Rs. 2425.75 Cr | Rs. 1866.47 Cr | -23.06 % | + 27.68 % |
Operating Profit | Rs. 473.29 Cr | Rs. 626.12 Cr | Rs. 598.92 Cr | -4.34 % | + 26.54 % |
Net Profit | Rs. 71.98 Cr | Rs. 254.31 Cr | Rs. 157.93 Cr | -37.9 % | + 119.41 % |
EPS in Rs | Rs. 2.41 | Rs. 8.89 | Rs. 5.36 | -39.71 % | + 122.41 % |
In reviewing Ashoka Buildcon Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 27.4 % year-on-year growth, although there was a slight dip of -19.22 % from the previous quarter. Expenses rose by 27.68 % compared to the previous year, with a decrease of -23.06 % quarter-on-quarter. Operating Profit surged by 26.54 % annually, and saw a -4.34 % decrease from the last quarter.
Net Profit showed yearly increase of 119.41 %, and experienced a -37.9 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 122.41 % annually, however dipped by -39.71 % compared to the last quarter. In essence, while Ashoka Buildcon 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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