Share the post "Abhinav Capital Services Q4 2024 Quarterly Earnings: YoY Sales Down 1.07 %, QoQ Down 30.89 %"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -1.07 % over the year, decrease in net sales/revenue by -30.89 %.
- Income over the Year and quarter:
- Profit over the Year and quarter: Challenges in sustaining profitability for Abhinav Capital Services Limited. Profit dropped by -49.1 % Year to Year, Abhinav Capital Services Limited’s profitability dropped by -49.6 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -48.92 % Year to Year. EPS decreased by -49.57 % 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. 2.338 Cr | Rs. 3.347 Cr | Rs. 2.313 Cr | -30.89 % | -1.07 % |
Expenses | Rs. 0.08 Cr | Rs. 0.22 Cr | Rs. 0.33 Cr | + 50 % | + 312.5 % |
Operating Profit | Rs. 2.26 Cr | Rs. 3.13 Cr | Rs. 1.98 Cr | -36.74 % | -12.39 % |
OPM % | 96.66 % | 93.52 % | 85.6 % | -7.92 % | -11.06 % |
Other Income | Rs. -0 Cr | Rs. 0 Cr | Rs. 0 Cr | + 0 % | + 0 % |
Interest | Rs. 0.08 Cr | Rs. 1.01 Cr | Rs. 1.05 Cr | + 3.96 % | + 1212.5 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | + 0 % | + 0 % |
Profit before tax | Rs. 2.18 Cr | Rs. 2.12 Cr | Rs. 0.93 Cr | -56.13 % | -57.34 % |
Tax % | 26.33 % | 23.7 % | 12.91 % | -10.79 % | -13.42 % |
Net Profit | Rs. 1.6 Cr | Rs. 1.62 Cr | Rs. 0.82 Cr | -49.38 % | -48.75 % |
EPS in Rs | Rs. 2.31 | Rs. 2.34 | Rs. 1.18 | -49.57 % | -48.92 % |
Today, we’re looking at Abhinav Capital Services 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 -1.07 %. However, it did see a marginal slip of -30.89 % from the previous quarter. Expenses ticked up slightly by 50 % quarter-on-quarter, aligning with the annual rise of 312.5 %. Operating profit, while down -12.39 % compared to last year, faced a quarter-on-quarter dip of -36.74 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -11.06 %, but a shrinkage of -7.92 % sequentially. Other income rose by 4.69 % compared to the last quarter, despite an annual growth of 54.02 %. Interest expenses surged remarkably by 3.96 % from the previous quarter, yet the year-over-year increase remains at a moderate 1212.5 %. Depreciation costs climbed by 9.09 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 33.33 %. Profit before tax declined annually by -57.34 % but saw a reduction from the preceding quarter by -56.13 %.
Tax expenses as a percentage of profits decreased slightly by -13.42 % compared to last year, with a more notable quarter-on-quarter decrease of -10.79 %. Net profit fell by -48.75 % year-on-year but witnessed a -49.38 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -48.92 % but a quarterly fall of -49.57 %. In summary, Abhinav Capital Services 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. 2.338 Cr | Rs. 3.347 Cr | Rs. 2.313 Cr | -30.89 % | -1.07 % |
Expenses | Rs. 0.08 Cr | Rs. 0.22 Cr | Rs. 0.33 Cr | + 50 % | + 312.5 % |
Operating Profit | Rs. 2.26 Cr | Rs. 3.13 Cr | Rs. 1.98 Cr | -36.74 % | -12.39 % |
Net Profit | Rs. 1.6 Cr | Rs. 1.62 Cr | Rs. 0.82 Cr | -49.38 % | -48.75 % |
EPS in Rs | Rs. 2.31 | Rs. 2.34 | Rs. 1.18 | -49.57 % | -48.92 % |
In reviewing Abhinav Capital Services Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -1.07 % year-on-year, although there was a slight dip of -30.89 % from the previous quarter. Expenses rose by 312.5 % compared to the previous year, with a 50 % increase quarter-on-quarter. Operating Profit dropped by -12.39 % annually, and saw a -36.74 % decrease from the last quarter.
Net Profit showed yearly decrease of -48.75 %, and experienced a -49.38 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -48.92 % annually, however dipped by -49.57 % compared to the last quarter. In essence, while Abhinav Capital Services Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.