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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 8.19 % in the past year, decrease in net sales/revenue by -20.83 %.
- 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 102.73 %. Marginal increase in other income during this quarter, up by 179.63%.
- Profit over the Year and quarter: Challenges in sustaining profitability for ADF Foods Limited.. Profit dropped by -2.32 % Year to Year, ADF Foods Limited.’s profitability dropped by -42.54 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -80.00 % Year to Year. EPS decreased by -41.7 % 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. 112.418 Cr | Rs. 153.634 Cr | Rs. 121.625 Cr | -20.83 % | + 8.19 % |
Expenses | Rs. 90.49 Cr | Rs. 119.34 Cr | Rs. 102.01 Cr | -14.52 % | + 12.73 % |
Operating Profit | Rs. 21.93 Cr | Rs. 34.29 Cr | Rs. 19.62 Cr | -42.78 % | -10.53 % |
OPM % | 19.51 % | 22.32 % | 16.13 % | -6.19 % | -3.38 % |
Other Income | Rs. 2.451 Cr | Rs. 1.777 Cr | Rs. 4.969 Cr | + 179.63 % | + 102.73 % |
Interest | Rs. 0.51 Cr | Rs. 0.64 Cr | Rs. 0.61 Cr | -4.69 % | + 19.61 % |
Depreciation | Rs. 3.59 Cr | Rs. 4.36 Cr | Rs. 4.41 Cr | + 1.15 % | + 22.84 % |
Profit before tax | Rs. 20.28 Cr | Rs. 31.07 Cr | Rs. 19.57 Cr | -37.01 % | -3.5 % |
Tax % | 27.38 % | 19.41 % | 26.46 % | + 7.05 % | -0.92 % |
Net Profit | Rs. 14.73 Cr | Rs. 25.04 Cr | Rs. 14.39 Cr | -42.53 % | -2.31 % |
EPS in Rs | Rs. 6.85 | Rs. 2.35 | Rs. 1.37 | -41.7 % | -80 % |
Today, we’re looking at ADF Foods 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 8.19 %. However, it did see a marginal slip of -20.83 % from the previous quarter. Expenses decreased slightly by -14.52 % quarter-on-quarter, aligning with the annual rise of 12.73 %. Operating profit, while down -10.53 % compared to last year, faced a quarter-on-quarter dip of -42.78 %, 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 -3.38 %, but a shrinkage of -6.19 % sequentially. Other income rose by 179.63 % compared to the last quarter, despite an annual growth of 102.73 %. Interest expenses dropped significantly by -4.69 % from the previous quarter, yet the year-over-year increase remains at a moderate 19.61 %. Depreciation costs climbed by 1.15 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 22.84 %. Profit before tax declined annually by -3.5 % but saw a reduction from the preceding quarter by -37.01 %.
Tax expenses as a percentage of profits decreased slightly by -0.92 % compared to last year, with a more notable quarter-on-quarter increase of 7.05 %. Net profit fell by -2.31 % year-on-year but witnessed a -42.53 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -80 % but a quarterly fall of -41.7 %. In summary, ADF Foods 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. 112.418 Cr | Rs. 153.634 Cr | Rs. 121.625 Cr | -20.83 % | + 8.19 % |
Expenses | Rs. 90.49 Cr | Rs. 119.34 Cr | Rs. 102.01 Cr | -14.52 % | + 12.73 % |
Operating Profit | Rs. 21.93 Cr | Rs. 34.29 Cr | Rs. 19.62 Cr | -42.78 % | -10.53 % |
Net Profit | Rs. 14.73 Cr | Rs. 25.04 Cr | Rs. 14.39 Cr | -42.53 % | -2.31 % |
EPS in Rs | Rs. 6.85 | Rs. 2.35 | Rs. 1.37 | -41.7 % | -80 % |
In reviewing ADF Foods Limited.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 8.19 % year-on-year growth, although there was a slight dip of -20.83 % from the previous quarter. Expenses rose by 12.73 % compared to the previous year, with a decrease of -14.52 % quarter-on-quarter. Operating Profit dropped by -10.53 % annually, and saw a -42.78 % decrease from the last quarter.
Net Profit showed yearly decrease of -2.31 %, and experienced a -42.53 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -80 % annually, however dipped by -41.7 % compared to the last quarter. In essence, while ADF Foods 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.
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