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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 1.65 % in the past year, decrease in net sales/revenue by -16.4 %.
- 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 57.54 %. Marginal increase in other income during this quarter, up by 7.91%.
- Profit over the Year and quarter: Challenges in sustaining profitability for AVT Natural Products Ltd.. Profit dropped by -28.6 % Year to Year, AVT Natural Products Ltd.’s profitability dropped by -45.65 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -29.09 % Year to Year. EPS decreased by -45.83 % 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. 102.821 Cr | Rs. 125.023 Cr | Rs. 104.52 Cr | -16.4 % | + 1.65 % |
Expenses | Rs. 91.75 Cr | Rs. 109.16 Cr | Rs. 96.67 Cr | -11.44 % | + 5.36 % |
Operating Profit | Rs. 11.07 Cr | Rs. 15.86 Cr | Rs. 7.85 Cr | -50.5 % | -29.09 % |
OPM % | 10.77 % | 12.69 % | 7.51 % | -5.18 % | -3.26 % |
Other Income | Rs. 3.09 Cr | Rs. 4.511 Cr | Rs. 4.868 Cr | + 7.91 % | + 57.54 % |
Interest | Rs. 0.6 Cr | Rs. 2.14 Cr | Rs. 1.36 Cr | -36.45 % | + 126.67 % |
Depreciation | Rs. 3.31 Cr | Rs. 3.38 Cr | Rs. 3.43 Cr | + 1.48 % | + 3.63 % |
Profit before tax | Rs. 10.25 Cr | Rs. 14.85 Cr | Rs. 7.93 Cr | -46.6 % | -22.63 % |
Tax % | 18.58 % | 26.21 % | 24.78 % | -1.43 % | + 6.2 % |
Net Profit | Rs. 8.35 Cr | Rs. 10.96 Cr | Rs. 5.96 Cr | -45.62 % | -28.62 % |
EPS in Rs | Rs. 0.55 | Rs. 0.72 | Rs. 0.39 | -45.83 % | -29.09 % |
Today, we’re looking at AVT Natural Products Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 1.65 %. However, it did see a marginal slip of -16.4 % from the previous quarter. Expenses decreased slightly by -11.44 % quarter-on-quarter, aligning with the annual rise of 5.36 %. Operating profit, while down -29.09 % compared to last year, faced a quarter-on-quarter dip of -50.5 %, 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 -3.26 %, but a shrinkage of -5.18 % sequentially. Other income rose by 7.91 % compared to the last quarter, despite an annual growth of 57.54 %. Interest expenses dropped significantly by -36.45 % from the previous quarter, yet the year-over-year increase remains at a moderate 126.67 %. Depreciation costs climbed by 1.48 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.63 %. Profit before tax declined annually by -22.63 % but saw a reduction from the preceding quarter by -46.6 %.
Tax expenses as a percentage of profits increased slightly by 6.2 % compared to last year, with a more notable quarter-on-quarter decrease of -1.43 %. Net profit fell by -28.62 % year-on-year but witnessed a -45.62 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -29.09 % but a quarterly fall of -45.83 %. In summary, AVT Natural Products 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. 102.821 Cr | Rs. 125.023 Cr | Rs. 104.52 Cr | -16.4 % | + 1.65 % |
Expenses | Rs. 91.75 Cr | Rs. 109.16 Cr | Rs. 96.67 Cr | -11.44 % | + 5.36 % |
Operating Profit | Rs. 11.07 Cr | Rs. 15.86 Cr | Rs. 7.85 Cr | -50.5 % | -29.09 % |
Net Profit | Rs. 8.35 Cr | Rs. 10.96 Cr | Rs. 5.96 Cr | -45.62 % | -28.62 % |
EPS in Rs | Rs. 0.55 | Rs. 0.72 | Rs. 0.39 | -45.83 % | -29.09 % |
In reviewing AVT Natural Products Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1.65 % year-on-year growth, although there was a slight dip of -16.4 % from the previous quarter. Expenses rose by 5.36 % compared to the previous year, with a decrease of -11.44 % quarter-on-quarter. Operating Profit dropped by -29.09 % annually, and saw a -50.5 % decrease from the last quarter.
Net Profit showed yearly decrease of -28.62 %, and experienced a -45.62 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -29.09 % annually, however dipped by -45.83 % compared to the last quarter. In essence, while AVT Natural Products Ltd. 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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