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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 34.58 % in the past year, substantial increase in net sales/revenue by 14.25 %.
- 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 17.6 %. Marginal increase in other income during this quarter, up by 25.3%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Asit C Mehta Financial Services Limited. Profit dropped by -85.97 % Year to Year, Asit C Mehta Financial Services Limited’s profitability dropped by -82.72 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -91.61 % Year to Year. EPS decreased by -82.76 % 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. 11.002 Cr | Rs. 12.96 Cr | Rs. 14.807 Cr | + 14.25 % | + 34.58 % |
Expenses | Rs. 11.37 Cr | Rs. 13.5 Cr | Rs. 13.75 Cr | + 1.85 % | + 20.93 % |
Operating Profit | Rs. -0.37 Cr | Rs. -0.54 Cr | Rs. 1.06 Cr | + 296.3 % | + 386.49 % |
OPM % | -3.36 % | -4.17 % | 7.16 % | + 11.33 % | + 10.52 % |
Other Income | Rs. 1.318 Cr | Rs. 1.237 Cr | Rs. 1.55 Cr | + 25.3 % | + 17.6 % |
Interest | Rs. 2.93 Cr | Rs. 2.16 Cr | Rs. 2.56 Cr | + 18.52 % | -12.63 % |
Depreciation | Rs. 0.38 Cr | Rs. 0.51 Cr | Rs. 0.5 Cr | -1.96 % | + 31.58 % |
Profit before tax | Rs. -2.36 Cr | Rs. -1.97 Cr | Rs. -0.45 Cr | + 77.16 % | + 80.93 % |
Tax % | -0.25 % | -3.13 % | -26.77 % | -23.64 % | -26.52 % |
Net Profit | Rs. -2.36 Cr | Rs. -1.92 Cr | Rs. -0.33 Cr | + 82.81 % | + 86.02 % |
EPS in Rs | Rs. -4.77 | Rs. -2.32 | Rs. -0.4 | + 82.76 % | + 91.61 % |
Today, we’re looking at Asit C Mehta Financial Services Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 34.58 %. However, it did see a marginal increase of 14.25 % from the previous quarter. Expenses ticked up slightly by 1.85 % quarter-on-quarter, aligning with the annual rise of 20.93 %. Operating profit, while up 386.49 % compared to last year, faced a quarter-on-quarter increase of 296.3 %, 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 10.52 %, but an expansion of 11.33 % sequentially. Other income rose by 25.3 % compared to the last quarter, despite an annual growth of 17.6 %. Interest expenses surged remarkably by 18.52 % from the previous quarter, yet the year-over-year decrease remains at a moderate -12.63 %. Depreciation costs fell by -1.96 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 31.58 %. Profit before tax grew annually by 80.93 % but saw an increase from the preceding quarter by 77.16 %.
Tax expenses as a percentage of profits decreased slightly by -26.52 % compared to last year, with a more notable quarter-on-quarter decrease of -23.64 %. Net profit rose by 86.02 % year-on-year but experienced a 82.81 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 91.61 % but a quarterly rise of 82.76 %. In summary, Asit C Mehta Financial Services 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. 11.002 Cr | Rs. 12.96 Cr | Rs. 14.807 Cr | + 14.25 % | + 34.58 % |
Expenses | Rs. 11.37 Cr | Rs. 13.5 Cr | Rs. 13.75 Cr | + 1.85 % | + 20.93 % |
Operating Profit | Rs. -0.37 Cr | Rs. -0.54 Cr | Rs. 1.06 Cr | + 296.3 % | + 386.49 % |
Net Profit | Rs. -2.36 Cr | Rs. -1.92 Cr | Rs. -0.33 Cr | + 82.81 % | + 86.02 % |
EPS in Rs | Rs. -4.77 | Rs. -2.32 | Rs. -0.4 | + 82.76 % | + 91.61 % |
In reviewing Asit C Mehta Financial Services Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 34.58 % year-on-year growth, however, there was a minor increase of 14.25 % from the previous quarter. Expenses rose by 20.93 % compared to the previous year, with a 1.85 % increase quarter-on-quarter. Operating Profit surged by 386.49 % annually, and saw a 296.3 % increase from the last quarter.
Net Profit showed yearly increase of 86.02 %, and experienced a 82.81 % increase from the previous quarter. Earnings Per Share (EPS) rose by 91.61 % annually, however rose by 82.76 % compared to the last quarter. In essence, while Asit C Mehta Financial Services Limited 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.
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