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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 -5.93 % over the year, substantial increase in net sales/revenue by 30.84 %.
- 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 108.89 %. Marginal increase in other income during this quarter, up by 7.27%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Uni-Abex Alloy Products Ltd.,. Profit dropped by -15.47 % Year to Year, Uni-Abex Alloy Products Ltd.,’s profitability increased by 111.24 % in this quarter.
- EPS over the Year and quarter: EPS declined by -15.46 % Year to Year. EPS increased by 111.27 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 46.749 Cr | Rs. 33.611 Cr | Rs. 43.978 Cr | + 30.84 % | -5.93 % |
| Expenses | Rs. 34.75 Cr | Rs. 28.86 Cr | Rs. 34.31 Cr | + 18.88 % | -1.27 % |
| Operating Profit | Rs. 12 Cr | Rs. 4.75 Cr | Rs. 9.67 Cr | + 103.58 % | -19.42 % |
| OPM % | 25.67 % | 14.13 % | 21.99 % | + 7.86 % | -3.68 % |
| Other Income | Rs. 0.664 Cr | Rs. 1.293 Cr | Rs. 1.387 Cr | + 7.27 % | + 108.89 % |
| Interest | Rs. 0.13 Cr | Rs. 0.12 Cr | Rs. 0.16 Cr | + 33.33 % | + 23.08 % |
| Depreciation | Rs. 0.9 Cr | Rs. 1.25 Cr | Rs. 1.15 Cr | -8 % | + 27.78 % |
| Profit before tax | Rs. 11.63 Cr | Rs. 4.67 Cr | Rs. 9.75 Cr | + 108.78 % | -16.17 % |
| Tax % | 26.24 % | 26.52 % | 25.55 % | -0.97 % | -0.69 % |
| Net Profit | Rs. 8.58 Cr | Rs. 3.44 Cr | Rs. 7.26 Cr | + 111.05 % | -15.38 % |
| EPS in Rs | Rs. 43.46 | Rs. 17.39 | Rs. 36.74 | + 111.27 % | -15.46 % |
Today, we’re looking at Uni-Abex Alloy Products 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 -5.93 %. However, it did see a marginal increase of 30.84 % from the previous quarter. Expenses ticked up slightly by 18.88 % quarter-on-quarter, aligning with the annual decline of -1.27 %. Operating profit, while down -19.42 % compared to last year, faced a quarter-on-quarter increase of 103.58 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -3.68 %, but an expansion of 7.86 % sequentially. Other income rose by 7.27 % compared to the last quarter, despite an annual growth of 108.89 %. Interest expenses surged remarkably by 33.33 % from the previous quarter, yet the year-over-year increase remains at a moderate 23.08 %. Depreciation costs fell by -8 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 27.78 %. Profit before tax declined annually by -16.17 % but saw an increase from the preceding quarter by 108.78 %.
Tax expenses as a percentage of profits decreased slightly by -0.69 % compared to last year, with a more notable quarter-on-quarter decrease of -0.97 %. Net profit fell by -15.38 % year-on-year but experienced a 111.05 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -15.46 % but a quarterly rise of 111.27 %. In summary, Uni-Abex Alloy 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. 46.749 Cr | Rs. 33.611 Cr | Rs. 43.978 Cr | + 30.84 % | -5.93 % |
| Expenses | Rs. 34.75 Cr | Rs. 28.86 Cr | Rs. 34.31 Cr | + 18.88 % | -1.27 % |
| Operating Profit | Rs. 12 Cr | Rs. 4.75 Cr | Rs. 9.67 Cr | + 103.58 % | -19.42 % |
| Net Profit | Rs. 8.58 Cr | Rs. 3.44 Cr | Rs. 7.26 Cr | + 111.05 % | -15.38 % |
| EPS in Rs | Rs. 43.46 | Rs. 17.39 | Rs. 36.74 | + 111.27 % | -15.46 % |
In reviewing Uni-Abex Alloy Products Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -5.93 % year-on-year, however, there was a minor increase of 30.84 % from the previous quarter. Expenses decreased by -1.27 % compared to the previous year, with a 18.88 % increase quarter-on-quarter. Operating Profit dropped by -19.42 % annually, and saw a 103.58 % increase from the last quarter.
Net Profit showed yearly decrease of -15.38 %, and experienced a 111.05 % increase from the previous quarter. Earnings Per Share (EPS) fell by -15.46 % annually, however rose by 111.27 % compared to the last quarter. In essence, while Uni-Abex Alloy Products Ltd., faces strong annual decline indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
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