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Ashish Polyplast ‘s Latest Q2 Report: Profit Up by 93.33% Year-on-Year

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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 -13.04 % over the year, decrease in net sales/revenue by -20.48 %.
  • 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 94.78 %. Marginal decrease of -24.13% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for Ashish Polyplast Ltd.. Notable increase of 94.67 % in net profit Year to Year, Ashish Polyplast Ltd.’s profitability dropped by -12.57 % Quarter to Quarter.
  • EPS over the Year and quarter:

The comprehensive analytics outlining the performance and outlook of Ashish Polyplast Ltd.‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 4.018 Cr Rs. 4.394 Cr Rs. 3.494 Cr -20.48 % -13.04 %
Expenses Rs. 3.87 Cr Rs. 4.2 Cr Rs. 3.26 Cr -22.38 % -15.76 %
Operating Profit Rs. 0.15 Cr Rs. 0.19 Cr Rs. 0.23 Cr + 21.05 % + 53.33 %
OPM % 3.73 % 4.32 % 6.58 % + 2.26 % + 2.85 %
Other Income Rs. 0.134 Cr Rs. 0.344 Cr Rs. 0.261 Cr -24.13 % + 94.78 %
Interest Rs. 0.03 Cr Rs. 0.01 Cr Rs. 0.01 Cr + 0 % -66.67 %
Depreciation Rs. 0.07 Cr Rs. 0.07 Cr Rs. 0.07 Cr + 0 % + 0 %
Profit before tax Rs. 0.18 Cr Rs. 0.45 Cr Rs. 0.41 Cr -8.89 % + 127.78 %
Tax % 16.67 % 26.65 % 28.78 % + 2.13 % + 12.11 %
Net Profit Rs. 0.15 Cr Rs. 0.33 Cr Rs. 0.29 Cr -12.12 % + 93.33 %
EPS in Rs Rs. 0.44 Rs. 0.98 Rs. 0 0 % 0 %


Today, we’re looking at Ashish Polyplast 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 -13.04 %. However, it did see a marginal slip of -20.48 % from the previous quarter. Expenses decreased slightly by -22.38 % quarter-on-quarter, aligning with the annual decline of -15.76 %. Operating profit, while up 53.33 % compared to last year, faced a quarter-on-quarter increase of 21.05 %, 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 2.85 %, but an expansion of 2.26 % sequentially. Other income fell by -24.13 % compared to the last quarter, despite an annual growth of 94.78 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year decrease remains at a moderate -66.67 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 127.78 % but saw a reduction from the preceding quarter by -8.89 %.
Tax expenses as a percentage of profits increased slightly by 12.11 % compared to last year, with a more notable quarter-on-quarter increase of 2.13 %. Net profit rose by 93.33 % year-on-year but witnessed a -12.12 % contraction from the last quarter. In summary, Ashish Polyplast 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. 4.018 Cr Rs. 4.394 Cr Rs. 3.494 Cr -20.48 % -13.04 %
Expenses Rs. 3.87 Cr Rs. 4.2 Cr Rs. 3.26 Cr -22.38 % -15.76 %
Operating Profit Rs. 0.15 Cr Rs. 0.19 Cr Rs. 0.23 Cr + 21.05 % + 53.33 %
Net Profit Rs. 0.15 Cr Rs. 0.33 Cr Rs. 0.29 Cr -12.12 % + 93.33 %
EPS in Rs Rs. 0.44 Rs. 0.98 Rs. 0 0 % 0 %


In reviewing Ashish Polyplast Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -13.04 % year-on-year, although there was a slight dip of -20.48 % from the previous quarter. Expenses decreased by -15.76 % compared to the previous year, with a decrease of -22.38 % quarter-on-quarter. Operating Profit surged by 53.33 % annually, and saw a 21.05 % increase from the last quarter.
Net Profit showed yearly increase of 93.33 %, and experienced a -12.12 % decrease from the previous quarter. In essence, while Ashish Polyplast 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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