Share the post "Aarti Drugs Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales decreased by 16.49 % in YoY and increased by 2.32 % in QoQ"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -16.49 % over the year, substantial increase in net sales/revenue by 2.32 %.
- 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 24.14 %. Marginal decrease of -35.33% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Aarti Drugs Limited. Profit dropped by -15.79 % Year to Year, Aarti Drugs Limited’s profitability increased by 28.87 % in this quarter.
- EPS over the Year and quarter: EPS declined by -15.16 % Year to Year. EPS increased by 29.07 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 742.41 Cr | Rs. 605.94 Cr | Rs. 619.99 Cr | + 2.32 % | -16.49 % |
Expenses | Rs. 648.87 Cr | Rs. 535.8 Cr | Rs. 534.18 Cr | -0.3 % | -17.68 % |
Operating Profit | Rs. 93.54 Cr | Rs. 70.14 Cr | Rs. 85.81 Cr | + 22.34 % | -8.26 % |
OPM % | 12.6 % | 11.58 % | 13.84 % | + 2.26 % | + 1.24 % |
Other Income | Rs. 0.87 Cr | Rs. 1.67 Cr | Rs. 1.08 Cr | -35.33 % | + 24.14 % |
Interest | Rs. 8.63 Cr | Rs. 7.6 Cr | Rs. 9.13 Cr | + 20.13 % | + 5.79 % |
Depreciation | Rs. 12.5 Cr | Rs. 12.66 Cr | Rs. 13.58 Cr | + 7.27 % | + 8.64 % |
Profit before tax | Rs. 73.28 Cr | Rs. 51.55 Cr | Rs. 64.18 Cr | + 24.5 % | -12.42 % |
Tax % | 23.34 % | 28.79 % | 26.29 % | -2.5 % | + 2.95 % |
Net Profit | Rs. 56.18 Cr | Rs. 36.71 Cr | Rs. 47.31 Cr | + 28.87 % | -15.79 % |
EPS in Rs | Rs. 6.07 | Rs. 3.99 | Rs. 5.15 | + 29.07 % | -15.16 % |
Today, we’re looking at Aarti Drugs 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 -16.49 %. However, it did see a marginal increase of 2.32 % from the previous quarter. Expenses decreased slightly by -0.3 % quarter-on-quarter, aligning with the annual decline of -17.68 %. Operating profit, while down -8.26 % compared to last year, faced a quarter-on-quarter increase of 22.34 %, 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 1.24 %, but an expansion of 2.26 % sequentially. Other income fell by -35.33 % compared to the last quarter, despite an annual growth of 24.14 %. Interest expenses surged remarkably by 20.13 % from the previous quarter, yet the year-over-year increase remains at a moderate 5.79 %. Depreciation costs climbed by 7.27 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 8.64 %. Profit before tax declined annually by -12.42 % but saw an increase from the preceding quarter by 24.5 %.
Tax expenses as a percentage of profits increased slightly by 2.95 % compared to last year, with a more notable quarter-on-quarter decrease of -2.5 %. Net profit fell by -15.79 % year-on-year but experienced a 28.87 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -15.16 % but a quarterly rise of 29.07 %. In summary, Aarti Drugs 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. 742.41 Cr | Rs. 605.94 Cr | Rs. 619.99 Cr | + 2.32 % | -16.49 % |
Expenses | Rs. 648.87 Cr | Rs. 535.8 Cr | Rs. 534.18 Cr | -0.3 % | -17.68 % |
Operating Profit | Rs. 93.54 Cr | Rs. 70.14 Cr | Rs. 85.81 Cr | + 22.34 % | -8.26 % |
Net Profit | Rs. 56.18 Cr | Rs. 36.71 Cr | Rs. 47.31 Cr | + 28.87 % | -15.79 % |
EPS in Rs | Rs. 6.07 | Rs. 3.99 | Rs. 5.15 | + 29.07 % | -15.16 % |
In reviewing Aarti Drugs Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -16.49 % year-on-year, however, there was a minor increase of 2.32 % from the previous quarter. Expenses decreased by -17.68 % compared to the previous year, with a decrease of -0.3 % quarter-on-quarter. Operating Profit dropped by -8.26 % annually, and saw a 22.34 % increase from the last quarter.
Net Profit showed yearly decrease of -15.79 %, and experienced a 28.87 % increase from the previous quarter. Earnings Per Share (EPS) fell by -15.16 % annually, however rose by 29.07 % compared to the last quarter. In essence, while Aarti Drugs Limited faces strong annual decline 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.