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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 -32.02 % over the year, decrease in net sales/revenue by -53.45 %.
- 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 28.46 %. Marginal increase in other income during this quarter, up by 11.81%.
- Profit over the Year and quarter: Significant improvement in profitability for Andhra Petrochemicals Ltd.,. Notable increase of 1243.5 % in net profit Year to Year, Andhra Petrochemicals Ltd.,’s profitability dropped by -63.79 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 1,235.71 % Year to Year. EPS decreased by -63.83 % 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. 190.667 Cr | Rs. 278.458 Cr | Rs. 129.62 Cr | -53.45 % | -32.02 % |
Expenses | Rs. 189.19 Cr | Rs. 220.14 Cr | Rs. 110.29 Cr | -49.9 % | -41.7 % |
Operating Profit | Rs. 1.48 Cr | Rs. 58.32 Cr | Rs. 19.33 Cr | -66.86 % | + 1206.08 % |
OPM % | 0.78 % | 20.94 % | 14.91 % | -6.03 % | + 14.13 % |
Other Income | Rs. 5.865 Cr | Rs. 6.738 Cr | Rs. 7.534 Cr | + 11.81 % | + 28.46 % |
Interest | Rs. 2.17 Cr | Rs. 2.17 Cr | Rs. 2.17 Cr | + 0 % | + 0 % |
Depreciation | Rs. 3.68 Cr | Rs. 3.7 Cr | Rs. 3.62 Cr | -2.16 % | -1.63 % |
Profit before tax | Rs. 1.5 Cr | Rs. 59.19 Cr | Rs. 21.07 Cr | -64.4 % | + 1304.67 % |
Tax % | 20.22 % | 25.78 % | 24.51 % | -1.27 % | + 4.29 % |
Net Profit | Rs. 1.18 Cr | Rs. 43.93 Cr | Rs. 15.91 Cr | -63.78 % | + 1248.31 % |
EPS in Rs | Rs. 0.14 | Rs. 5.17 | Rs. 1.87 | -63.83 % | + 1235.71 % |
Today, we’re looking at Andhra Petrochemicals 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 -32.02 %. However, it did see a marginal slip of -53.45 % from the previous quarter. Expenses decreased slightly by -49.9 % quarter-on-quarter, aligning with the annual decline of -41.7 %. Operating profit, while up 1206.08 % compared to last year, faced a quarter-on-quarter dip of -66.86 %, 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 14.13 %, but a shrinkage of -6.03 % sequentially. Other income rose by 11.81 % compared to the last quarter, despite an annual growth of 28.46 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs fell by -2.16 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -1.63 %. Profit before tax grew annually by 1304.67 % but saw a reduction from the preceding quarter by -64.4 %.
Tax expenses as a percentage of profits increased slightly by 4.29 % compared to last year, with a more notable quarter-on-quarter decrease of -1.27 %. Net profit rose by 1248.31 % year-on-year but witnessed a -63.78 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 1235.71 % but a quarterly fall of -63.83 %. In summary, Andhra Petrochemicals 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. 190.667 Cr | Rs. 278.458 Cr | Rs. 129.62 Cr | -53.45 % | -32.02 % |
Expenses | Rs. 189.19 Cr | Rs. 220.14 Cr | Rs. 110.29 Cr | -49.9 % | -41.7 % |
Operating Profit | Rs. 1.48 Cr | Rs. 58.32 Cr | Rs. 19.33 Cr | -66.86 % | + 1206.08 % |
Net Profit | Rs. 1.18 Cr | Rs. 43.93 Cr | Rs. 15.91 Cr | -63.78 % | + 1248.31 % |
EPS in Rs | Rs. 0.14 | Rs. 5.17 | Rs. 1.87 | -63.83 % | + 1235.71 % |
In reviewing Andhra Petrochemicals Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -32.02 % year-on-year, although there was a slight dip of -53.45 % from the previous quarter. Expenses decreased by -41.7 % compared to the previous year, with a decrease of -49.9 % quarter-on-quarter. Operating Profit surged by 1206.08 % annually, and saw a -66.86 % decrease from the last quarter.
Net Profit showed yearly increase of 1248.31 %, and experienced a -63.78 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 1235.71 % annually, however dipped by -63.83 % compared to the last quarter. In essence, while Andhra Petrochemicals Ltd., 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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