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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 57.87 % in the past year, decrease in net sales/revenue by -0.92 %.
- 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 700 %. Marginal increase in other income during this quarter, up by 50%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Ajcon Global Services Ltd.. Profit dropped by -138.85 % Year to Year, Ajcon Global Services Ltd.’s profitability dropped by -66.11 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -141.03 % Year to Year. EPS decreased by -65.96 % 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. 2.324 Cr | Rs. 3.703 Cr | Rs. 3.669 Cr | -0.92 % | + 57.87 % |
Expenses | Rs. 2.36 Cr | Rs. 3.04 Cr | Rs. 3.39 Cr | + 11.51 % | + 43.64 % |
Operating Profit | Rs. -0.04 Cr | Rs. 0.66 Cr | Rs. 0.28 Cr | -57.58 % | + 800 % |
OPM % | -1.72 % | 17.82 % | 7.63 % | -10.19 % | + 9.35 % |
Other Income | Rs. -0.01 Cr | Rs. 0.04 Cr | Rs. 0.06 Cr | + 50 % | + 700 % |
Interest | Rs. 0.2 Cr | Rs. 0.21 Cr | Rs. 0.13 Cr | -38.1 % | -35 % |
Depreciation | Rs. 0.1 Cr | Rs. 0.1 Cr | Rs. 0.1 Cr | + 0 % | + 0 % |
Profit before tax | Rs. -0.35 Cr | Rs. 0.39 Cr | Rs. 0.11 Cr | -71.79 % | + 131.43 % |
Tax % | -23.3 % | 25.13 % | 10.62 % | -14.51 % | + 33.92 % |
Net Profit | Rs. -0.26 Cr | Rs. 0.3 Cr | Rs. 0.1 Cr | -66.67 % | + 138.46 % |
EPS in Rs | Rs. -0.39 | Rs. 0.47 | Rs. 0.16 | -65.96 % | + 141.03 % |
Today, we’re looking at Ajcon Global Services 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 57.87 %. However, it did see a marginal slip of -0.92 % from the previous quarter. Expenses ticked up slightly by 11.51 % quarter-on-quarter, aligning with the annual rise of 43.64 %. Operating profit, while up 800 % compared to last year, faced a quarter-on-quarter dip of -57.58 %, 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 9.35 %, but a shrinkage of -10.19 % sequentially. Other income rose by 50 % compared to the last quarter, despite an annual growth of 700 %. Interest expenses dropped significantly by -38.1 % from the previous quarter, yet the year-over-year decrease remains at a moderate -35 %. 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 131.43 % but saw a reduction from the preceding quarter by -71.79 %.
Tax expenses as a percentage of profits increased slightly by 33.92 % compared to last year, with a more notable quarter-on-quarter decrease of -14.51 %. Net profit rose by 138.46 % year-on-year but witnessed a -66.67 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 141.03 % but a quarterly fall of -65.96 %. In summary, Ajcon Global Services 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. 2.324 Cr | Rs. 3.703 Cr | Rs. 3.669 Cr | -0.92 % | + 57.87 % |
Expenses | Rs. 2.36 Cr | Rs. 3.04 Cr | Rs. 3.39 Cr | + 11.51 % | + 43.64 % |
Operating Profit | Rs. -0.04 Cr | Rs. 0.66 Cr | Rs. 0.28 Cr | -57.58 % | + 800 % |
Net Profit | Rs. -0.26 Cr | Rs. 0.3 Cr | Rs. 0.1 Cr | -66.67 % | + 138.46 % |
EPS in Rs | Rs. -0.39 | Rs. 0.47 | Rs. 0.16 | -65.96 % | + 141.03 % |
In reviewing Ajcon Global Services Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 57.87 % year-on-year growth, although there was a slight dip of -0.92 % from the previous quarter. Expenses rose by 43.64 % compared to the previous year, with a 11.51 % increase quarter-on-quarter. Operating Profit surged by 800 % annually, and saw a -57.58 % decrease from the last quarter.
Net Profit showed yearly increase of 138.46 %, and experienced a -66.67 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 141.03 % annually, however dipped by -65.96 % compared to the last quarter. In essence, while Ajcon Global Services 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.