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Highlights
- Sales over the Year and quarter: The company’s sales declined by -15.1 % over the year, substantial increase in net sales/revenue by 466 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -83.33 %, Marginal decrease of % in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Aanchal Ispat Limited. Profit dropped by -107.27 % Year to Year, Aanchal Ispat Limited’s profitability dropped by -158.92 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -114.57 % Year to Year. EPS decreased by -218.37 % 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. 55.669 Cr | Rs. 8.35 Cr | Rs. 47.261 Cr | + 466 % | -15.1 % |
Expenses | Rs. 77.14 Cr | Rs. 10.24 Cr | Rs. 46.47 Cr | + 353.81 % | -39.76 % |
Operating Profit | Rs. -21.47 Cr | Rs. -1.89 Cr | Rs. 0.79 Cr | + 141.8 % | + 103.68 % |
OPM % | -38.57 % | -22.63 % | 1.67 % | + 24.3 % | + 40.24 % |
Other Income | Rs. 0.06 Cr | Rs. 0 Cr | Rs. 0.01 Cr | 0 % | -83.33 % |
Interest | Rs. 2.04 Cr | Rs. 0 Cr | Rs. 0.73 Cr | 0 % | -64.22 % |
Depreciation | Rs. 0.16 Cr | Rs. 0.16 Cr | Rs. 0.16 Cr | + 0 % | + 0 % |
Profit before tax | Rs. -23.61 Cr | Rs. -2.05 Cr | Rs. -0.09 Cr | + 95.61 % | + 99.62 % |
Tax % | -29.73 % | -0 % | -1470.45 % | -1470.45 % | -1440.72 % |
Net Profit | Rs. -16.59 Cr | Rs. -2.05 Cr | Rs. 1.21 Cr | + 159.02 % | + 107.29 % |
EPS in Rs | Rs. -7.96 | Rs. -0.98 | Rs. 1.16 | + 218.37 % | + 114.57 % |
Today, we’re looking at Aanchal Ispat Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -15.1 %. However, it did see a marginal increase of 466 % from the previous quarter. Expenses ticked up slightly by 353.81 % quarter-on-quarter, aligning with the annual decline of -39.76 %. Operating profit, while up 103.68 % compared to last year, faced a quarter-on-quarter increase of 141.8 %, 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 40.24 %, but an expansion of 24.3 % sequentially. despite an annual decline of -83.33 %. yet the year-over-year decrease remains at a moderate -64.22 %. 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 99.62 % but saw an increase from the preceding quarter by 95.61 %.
Tax expenses as a percentage of profits decreased slightly by -1440.72 % compared to last year, with a more notable quarter-on-quarter decrease of -1470.45 %. Net profit rose by 107.29 % year-on-year but experienced a 159.02 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 114.57 % but a quarterly rise of 218.37 %. In summary, Aanchal Ispat 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. 55.669 Cr | Rs. 8.35 Cr | Rs. 47.261 Cr | + 466 % | -15.1 % |
Expenses | Rs. 77.14 Cr | Rs. 10.24 Cr | Rs. 46.47 Cr | + 353.81 % | -39.76 % |
Operating Profit | Rs. -21.47 Cr | Rs. -1.89 Cr | Rs. 0.79 Cr | + 141.8 % | + 103.68 % |
Net Profit | Rs. -16.59 Cr | Rs. -2.05 Cr | Rs. 1.21 Cr | + 159.02 % | + 107.29 % |
EPS in Rs | Rs. -7.96 | Rs. -0.98 | Rs. 1.16 | + 218.37 % | + 114.57 % |
In reviewing Aanchal Ispat Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -15.1 % year-on-year, however, there was a minor increase of 466 % from the previous quarter. Expenses decreased by -39.76 % compared to the previous year, with a 353.81 % increase quarter-on-quarter. Operating Profit surged by 103.68 % annually, and saw a 141.8 % increase from the last quarter.
Net Profit showed yearly increase of 107.29 %, and experienced a 159.02 % increase from the previous quarter. Earnings Per Share (EPS) rose by 114.57 % annually, however rose by 218.37 % compared to the last quarter. In essence, while Aanchal Ispat 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.