Share the post "AstraZeneca Pharma India : Q4 2024 Financial Quarterly Report : YoY Sales Up 34.6 %, QoQ Up 25.31 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 34.6 % in the past year, substantial increase in net sales/revenue by 25.31 %.
- 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 8.38 %. Marginal decrease of -10.25% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for AstraZeneca Pharma India Ltd.. Notable increase of 128.57 % in net profit Year to Year, AstraZeneca Pharma India Ltd.’s profitability increased by 149.84 % in this quarter.
- EPS over the Year and quarter: EPS increased by 128.51 % Year to Year. EPS increased by 149.84 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 284.704 Cr | Rs. 305.789 Cr | Rs. 383.199 Cr | + 25.31 % | + 34.6 % |
Expenses | Rs. 224.85 Cr | Rs. 290.74 Cr | Rs. 333.68 Cr | + 14.77 % | + 48.4 % |
Operating Profit | Rs. 59.85 Cr | Rs. 15.05 Cr | Rs. 49.52 Cr | + 229.04 % | -17.26 % |
OPM % | 21.02 % | 4.92 % | 12.92 % | + 8 % | -8.1 % |
Other Income | Rs. 8 Cr | Rs. 9.66 Cr | Rs. 8.67 Cr | -10.25 % | + 8.38 % |
Interest | Rs. 0.09 Cr | Rs. 0.61 Cr | Rs. 0.07 Cr | -88.52 % | -22.22 % |
Depreciation | Rs. 4.25 Cr | Rs. 3.71 Cr | Rs. 3.76 Cr | + 1.35 % | -11.53 % |
Profit before tax | Rs. 63.51 Cr | Rs. 20.39 Cr | Rs. 54.36 Cr | + 166.6 % | -14.41 % |
Tax % | 25.81 % | 22.54 % | 27.37 % | + 4.83 % | + 1.56 % |
Net Profit | Rs. 17.27 Cr | Rs. 15.8 Cr | Rs. 39.48 Cr | + 149.87 % | + 128.6 % |
EPS in Rs | Rs. 6.91 | Rs. 6.32 | Rs. 15.79 | + 149.84 % | + 128.51 % |
Today, we’re looking at AstraZeneca Pharma India Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 34.6 %. However, it did see a marginal increase of 25.31 % from the previous quarter. Expenses ticked up slightly by 14.77 % quarter-on-quarter, aligning with the annual rise of 48.4 %. Operating profit, while down -17.26 % compared to last year, faced a quarter-on-quarter increase of 229.04 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -8.1 %, but an expansion of 8 % sequentially. Other income fell by -10.25 % compared to the last quarter, despite an annual growth of 8.38 %. Interest expenses dropped significantly by -88.52 % from the previous quarter, yet the year-over-year decrease remains at a moderate -22.22 %. Depreciation costs climbed by 1.35 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -11.53 %. Profit before tax declined annually by -14.41 % but saw an increase from the preceding quarter by 166.6 %.
Tax expenses as a percentage of profits increased slightly by 1.56 % compared to last year, with a more notable quarter-on-quarter increase of 4.83 %. Net profit rose by 128.6 % year-on-year but experienced a 149.87 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 128.51 % but a quarterly rise of 149.84 %. In summary, AstraZeneca Pharma India 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. 284.704 Cr | Rs. 305.789 Cr | Rs. 383.199 Cr | + 25.31 % | + 34.6 % |
Expenses | Rs. 224.85 Cr | Rs. 290.74 Cr | Rs. 333.68 Cr | + 14.77 % | + 48.4 % |
Operating Profit | Rs. 59.85 Cr | Rs. 15.05 Cr | Rs. 49.52 Cr | + 229.04 % | -17.26 % |
Net Profit | Rs. 17.27 Cr | Rs. 15.8 Cr | Rs. 39.48 Cr | + 149.87 % | + 128.6 % |
EPS in Rs | Rs. 6.91 | Rs. 6.32 | Rs. 15.79 | + 149.84 % | + 128.51 % |
In reviewing AstraZeneca Pharma India Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 34.6 % year-on-year growth, however, there was a minor increase of 25.31 % from the previous quarter. Expenses rose by 48.4 % compared to the previous year, with a 14.77 % increase quarter-on-quarter. Operating Profit dropped by -17.26 % annually, and saw a 229.04 % increase from the last quarter.
Net Profit showed yearly increase of 128.6 %, and experienced a 149.87 % increase from the previous quarter. Earnings Per Share (EPS) rose by 128.51 % annually, however rose by 149.84 % compared to the last quarter. In essence, while AstraZeneca Pharma India 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.