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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.
-6
3-Year Profit
-2
5-Year Profit
16
10-Year Profit
111
Current Price
946
Market Cap
In analyzing the financial results for the company marked by BSE code 500012, a clear trend emerges. Over a five-year span, the company reported a profit of -2 percents, which increased to -6 percents in the most recent three-year period, suggesting a strong performance in the early stages of this timeframe. However, this success has been overshadowed by a trailing twelve-month (TTM) loss of 297 percents, signaling significant recent challenges. Compounding this issue is the fact that the company has not reported any sales during any of the timeframes analyzed, raising important questions about its operational model and the sustainability of its current strategies. Investors have been equally wary, as reflected in the stock price performance. The company’s stock traded at 17 percents over the past five years but has recently decreased to -2 percents, indicating a loss of market confidence. Over the last decade, the stock price was at 25 percents, pointing to longer-term concerns that could affect the company's future prospects.
With a market capitalization of ₹946 crore, the company’s stock is currently trading at ₹111, having fluctuated within a range of ₹127 / 58.0 over the years. The stock's P/E ratio of 14.9 reflects a relatively high valuation compared to its earnings, which could suggest strong future growth expectations or heightened investor demand. The company’s book value is ₹65.4, representing the total value of its assets on a per-share basis, while the dividend yield of 1.80% offers a modest return to shareholders. ROCE, at 15.4%, highlights the company's efficient use of capital in generating profits, while ROE at 11.9% underscores its ability to generate returns for shareholders. The debt-to-equity ratio of 0.15 is very low, indicating conservative financial management and minimal reliance on borrowed funds. Despite this, the company shows a negative net cash flow of ₹4.67 crore, which could point to cash management challenges or recent heavy investments. The Piotroski score of 8.00 suggests moderate financial strength, while the Graham Number, pegged at ₹105, offers a rough estimate of the stock's intrinsic value. The Price-to-Book (P/B) ratio of 1.70 signals that the stock is trading at a premium, which might reflect investor confidence in the company's growth trajectory.
