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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’s sales declined by -44.12 % over the year, decrease in net sales/revenue by -16.01 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -40.61 %, Marginal decrease of -74.24% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Indian Acrylics Ltd. Profit dropped by -53.53 % Year to Year, Indian Acrylics Ltd’s profitability increased by 31.1 % in this quarter.
- EPS over the Year and quarter: EPS declined by -53.55 % Year to Year. EPS increased by 30.77 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 171.59 Cr | Rs. 114.162 Cr | Rs. 95.885 Cr | -16.01 % | -44.12 % |
Expenses | Rs. 184.58 Cr | Rs. 115.54 Cr | Rs. 99.84 Cr | -13.59 % | -45.91 % |
Operating Profit | Rs. -12.99 Cr | Rs. -1.38 Cr | Rs. -3.96 Cr | -186.96 % | + 69.52 % |
OPM % | -7.57 % | -1.21 % | -4.13 % | -2.92 % | + 3.44 % |
Other Income | Rs. 1.214 Cr | Rs. 2.799 Cr | Rs. 0.721 Cr | -74.24 % | -40.61 % |
Interest | Rs. 9.15 Cr | Rs. 6.5 Cr | Rs. 4.57 Cr | -29.69 % | -50.05 % |
Depreciation | Rs. 3.81 Cr | Rs. 3.69 Cr | Rs. 3.69 Cr | + 0 % | -3.15 % |
Profit before tax | Rs. -24.74 Cr | Rs. -8.77 Cr | Rs. -11.5 Cr | -31.13 % | + 53.52 % |
Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. -24.74 Cr | Rs. -8.77 Cr | Rs. -11.5 Cr | -31.13 % | + 53.52 % |
EPS in Rs | Rs. -1.83 | Rs. -0.65 | Rs. -0.85 | -30.77 % | + 53.55 % |
Today, we’re looking at Indian Acrylics Ltd’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -44.12 %. However, it did see a marginal slip of -16.01 % from the previous quarter. Expenses decreased slightly by -13.59 % quarter-on-quarter, aligning with the annual decline of -45.91 %. Operating profit, while up 69.52 % compared to last year, faced a quarter-on-quarter dip of -186.96 %, 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 3.44 %, but a shrinkage of -2.92 % sequentially. Other income fell by -74.24 % compared to the last quarter, despite an annual decline of -40.61 %. Interest expenses dropped significantly by -29.69 % from the previous quarter, yet the year-over-year decrease remains at a moderate -50.05 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -3.15 %. Profit before tax grew annually by 53.52 % but saw a reduction from the preceding quarter by -31.13 %.
Net profit rose by 53.52 % year-on-year but witnessed a -31.13 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 53.55 % but a quarterly fall of -30.77 %. In summary, Indian Acrylics 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. 171.59 Cr | Rs. 114.162 Cr | Rs. 95.885 Cr | -16.01 % | -44.12 % |
Expenses | Rs. 184.58 Cr | Rs. 115.54 Cr | Rs. 99.84 Cr | -13.59 % | -45.91 % |
Operating Profit | Rs. -12.99 Cr | Rs. -1.38 Cr | Rs. -3.96 Cr | -186.96 % | + 69.52 % |
Net Profit | Rs. -24.74 Cr | Rs. -8.77 Cr | Rs. -11.5 Cr | -31.13 % | + 53.52 % |
EPS in Rs | Rs. -1.83 | Rs. -0.65 | Rs. -0.85 | -30.77 % | + 53.55 % |
In reviewing Indian Acrylics Ltd’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -44.12 % year-on-year, although there was a slight dip of -16.01 % from the previous quarter. Expenses decreased by -45.91 % compared to the previous year, with a decrease of -13.59 % quarter-on-quarter. Operating Profit surged by 69.52 % annually, and saw a -186.96 % decrease from the last quarter.
Net Profit showed yearly increase of 53.52 %, and experienced a -31.13 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 53.55 % annually, however dipped by -30.77 % compared to the last quarter. In essence, while Indian Acrylics 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.
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