Share the post "ACC Ltd’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Key Metrics and Growth Analysis"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -85.74% over the yearSubstantial increase in net sales/revenue by 10.06%.
- Income over the Year and quarter: There has been decline in other income over the past year which is -82.92% Marginal increase in other income during this quarter, up by 28.49%.
- Profit over the Year and quarter: Challenges in sustaining profitability for ACC Ltd. Profit dropped by -69.83% Year to YearACC Ltd’s profitability increased by 75.73% in this quarter.
- EPS over the Year and quarter: EPS increased by 892.31% Year to Year.EPS increased by 75.72%. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 37930 Cr | Rs. 4914.36 Cr | Rs. 5408.72 Cr | + 10.06% | -85.74% |
Expenses | Rs. 28471 Cr | Rs. 4009.65 Cr | Rs. 4571.94 Cr | + 14.02% | -83.94% |
Operating Profit | Rs. 9459 Cr | Rs. 904.71 Cr | Rs. 836.78 Cr | -7.51% | -91.15% |
OPM % | 24.94 % | 18.41 % | 15.47 % | -2.94% | -9.47% |
Other Income | Rs. 705 Cr | Rs. 93.73 Cr | Rs. 120.43 Cr | + 28.49% | -82.92% |
Interest | Rs. 1805 Cr | Rs. 33.91 Cr | Rs. 66.7 Cr | + 96.7% | -96.3% |
Depreciation | Rs. 2765 Cr | Rs. 235.23 Cr | Rs. 235.03 Cr | -0.09% | -91.5% |
Profit before tax | Rs. 5594 Cr | Rs. 729.3 Cr | Rs. 655.48 Cr | -10.12% | -88.28% |
Tax % | 26.44 % | 26.55 % | 6.76 % | -19.79% | -19.68% |
Net Profit | Rs. 3132 Cr | Rs. 537.67 Cr | Rs. 944.84 Cr | + 75.73% | -69.83% |
EPS in Rs | Rs. 5.07 | Rs. 28.63 | Rs. 50.31 | + 75.72% | + 892.31% |
Today, we’re looking at ACC Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -85.74%. However, it did see a marginal increase of 10.06% from the previous quarter.Expenses ticked up slightly by 14.02% quarter-on-quarter, aligning with the annual decline of -83.94%. Operating profit, while down -91.15% compared to last year,faced a quarter-on-quarter dip of -7.51%, 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 -9.47%, but a shrinkage of -2.94% sequentially. Other income rose by 28.49% compared to the last quarter,despite an annual decline of -82.92%. Interest expenses surged remarkably by 96.7% from the previous quarter, yet the year-over-year decrease remains at a moderate -96.3%. Depreciation costs fell by -0.09% quarter-on-quarter, yet on an annual scale, they experienced a reduction of -91.5%. Profit before tax declined annually by -88.28%but saw a reduction from the preceding quarter by -10.12%.
Tax expenses as a percentage of profits decreased slightly by -19.68% compared to last year, with a more notable quarter-on-quarter decrease of -19.79%. Net profit fell by -69.83% year-on-yearbut experienced a 75.73% expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 892.31% but a quarterly rise of 75.72%. In summary, ACC 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. 37930 Cr | Rs. 4914.36 Cr | Rs. 5408.72 Cr | + 10.06% | -85.74% |
Expenses | Rs. 28471 Cr | Rs. 4009.65 Cr | Rs. 4571.94 Cr | + 14.02% | -83.94% |
Operating Profit | Rs. 9459 Cr | Rs. 904.71 Cr | Rs. 836.78 Cr | -7.51% | -91.15% |
Net Profit | Rs. 3132 Cr | Rs. 537.67 Cr | Rs. 944.84 Cr | + 75.73% | -69.83% |
EPS in Rs | Rs. 5.07 | Rs. 28.63 | Rs. 50.31 | + 75.72% | + 892.31% |
In reviewing ACC Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -85.74% year-on-year, however, there was a minor increase of 10.06% from the previous quarter. Expenses decreased by -83.94% compared to the previous year, with a 14.02% increase quarter-on-quarter. Operating Profit dropped by -91.15% annually, and saw a -7.51% decrease from the last quarter.
Net Profit showed yearly decrease of -69.83%, and experienced a 75.73% increase from the previous quarter. Earnings Per Share (EPS) rose by 892.31% annually, however rose by 75.72% compared to the last quarter. In essence, while ACC Ltd exhibits strong annual growth 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.