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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 13.77 % in the past year, decrease in net sales/revenue by -1.94 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -14.26 %, Marginal decrease of -33.98% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Advanced Enzyme Technologies Limited. Profit dropped by -6.98 % Year to Year, Advanced Enzyme Technologies Limited’s profitability dropped by -29.72 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -11.85 % Year to Year. EPS decreased by -32.35 % 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. 138.71 Cr | Rs. 160.935 Cr | Rs. 157.815 Cr | -1.94 % | + 13.77 % |
Expenses | Rs. 94.57 Cr | Rs. 107.17 Cr | Rs. 102.45 Cr | -4.4 % | + 8.33 % |
Operating Profit | Rs. 44.14 Cr | Rs. 53.77 Cr | Rs. 55.37 Cr | + 2.98 % | + 25.44 % |
OPM % | 31.82 % | 33.41 % | 35.09 % | + 1.68 % | + 3.27 % |
Other Income | Rs. 11.08 Cr | Rs. 14.39 Cr | Rs. 9.5 Cr | -33.98 % | -14.26 % |
Interest | Rs. 0.61 Cr | Rs. 0.68 Cr | Rs. 0.85 Cr | + 25 % | + 39.34 % |
Depreciation | Rs. 8.45 Cr | Rs. 8.6 Cr | Rs. 9.28 Cr | + 7.91 % | + 9.82 % |
Profit before tax | Rs. 46.16 Cr | Rs. 58.88 Cr | Rs. 54.74 Cr | -7.03 % | + 18.59 % |
Tax % | 23.72 % | 27.81 % | 24.58 % | -3.23 % | + 0.86 % |
Net Profit | Rs. 32.12 Cr | Rs. 42.5 Cr | Rs. 29.87 Cr | -29.72 % | -7 % |
EPS in Rs | Rs. 2.87 | Rs. 3.74 | Rs. 2.53 | -32.35 % | -11.85 % |
Today, we’re looking at Advanced Enzyme Technologies Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 13.77 %. However, it did see a marginal slip of -1.94 % from the previous quarter. Expenses decreased slightly by -4.4 % quarter-on-quarter, aligning with the annual rise of 8.33 %. Operating profit, while up 25.44 % compared to last year, faced a quarter-on-quarter increase of 2.98 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 3.27 %, but an expansion of 1.68 % sequentially. Other income fell by -33.98 % compared to the last quarter, despite an annual decline of -14.26 %. Interest expenses surged remarkably by 25 % from the previous quarter, yet the year-over-year increase remains at a moderate 39.34 %. Depreciation costs climbed by 7.91 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 9.82 %. Profit before tax grew annually by 18.59 % but saw a reduction from the preceding quarter by -7.03 %.
Tax expenses as a percentage of profits increased slightly by 0.86 % compared to last year, with a more notable quarter-on-quarter decrease of -3.23 %. Net profit fell by -7 % year-on-year but witnessed a -29.72 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -11.85 % but a quarterly fall of -32.35 %. In summary, Advanced Enzyme Technologies Limited’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. 138.71 Cr | Rs. 160.935 Cr | Rs. 157.815 Cr | -1.94 % | + 13.77 % |
Expenses | Rs. 94.57 Cr | Rs. 107.17 Cr | Rs. 102.45 Cr | -4.4 % | + 8.33 % |
Operating Profit | Rs. 44.14 Cr | Rs. 53.77 Cr | Rs. 55.37 Cr | + 2.98 % | + 25.44 % |
Net Profit | Rs. 32.12 Cr | Rs. 42.5 Cr | Rs. 29.87 Cr | -29.72 % | -7 % |
EPS in Rs | Rs. 2.87 | Rs. 3.74 | Rs. 2.53 | -32.35 % | -11.85 % |
In reviewing Advanced Enzyme Technologies Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.77 % year-on-year growth, although there was a slight dip of -1.94 % from the previous quarter. Expenses rose by 8.33 % compared to the previous year, with a decrease of -4.4 % quarter-on-quarter. Operating Profit surged by 25.44 % annually, and saw a 2.98 % increase from the last quarter.
Net Profit showed yearly decrease of -7 %, and experienced a -29.72 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -11.85 % annually, however dipped by -32.35 % compared to the last quarter. In essence, while Advanced Enzyme Technologies Limited 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.