Share the post "Adani Energy Solutions Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by (40.18) % in YoY and increased by 3.16 % in QoQ"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 40.18 % in the past year, substantial increase in net sales/revenue by 3.16 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -60.12 %, Marginal decrease of -1.42% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Adani Energy Solutions Limited. Profit dropped by -13.26 % Year to Year, Adani Energy Solutions Limited’s profitability increased by 9.49 % in this quarter.
- EPS over the Year and quarter: EPS declined by -15.76 % Year to Year. EPS increased by 0.68 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 3357.66 Cr | Rs. 4562.73 Cr | Rs. 4706.85 Cr | + 3.16 % | + 40.18 % |
Expenses | Rs. 2154.46 Cr | Rs. 3035.38 Cr | Rs. 3141.33 Cr | + 3.49 % | + 45.81 % |
Operating Profit | Rs. 1203.2 Cr | Rs. 1527.35 Cr | Rs. 1565.52 Cr | + 2.5 % | + 30.11 % |
OPM % | 35.83 % | 33.47 % | 33.26 % | -0.21 % | -2.57 % |
Other Income | Rs. 506.15 Cr | Rs. 204.76 Cr | Rs. 201.86 Cr | -1.42 % | -60.12 % |
Interest | Rs. 630.49 Cr | Rs. 760.04 Cr | Rs. 749.99 Cr | -1.32 % | + 18.95 % |
Depreciation | Rs. 415.55 Cr | Rs. 457.64 Cr | Rs. 467.51 Cr | + 2.16 % | + 12.5 % |
Profit before tax | Rs. 663.31 Cr | Rs. 514.43 Cr | Rs. 549.88 Cr | + 6.89 % | -17.1 % |
Tax % | 76 % | 29.08 % | 33.97 % | + 4.89 % | -42.03 % |
Net Profit | Rs. 439.6 Cr | Rs. 348.25 Cr | Rs. 381.29 Cr | + 9.49 % | -13.26 % |
EPS in Rs | Rs. 3.49 | Rs. 2.92 | Rs. 2.94 | + 0.68 % | -15.76 % |
Today, we’re looking at Adani Energy Solutions Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 40.18 %. However, it did see a marginal increase of 3.16 % from the previous quarter. Expenses ticked up slightly by 3.49 % quarter-on-quarter, aligning with the annual rise of 45.81 %. Operating profit, while up 30.11 % compared to last year, faced a quarter-on-quarter increase of 2.5 %, 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 -2.57 %, but a shrinkage of -0.21 % sequentially. Other income fell by -1.42 % compared to the last quarter, despite an annual decline of -60.12 %. Interest expenses dropped significantly by -1.32 % from the previous quarter, yet the year-over-year increase remains at a moderate 18.95 %. Depreciation costs climbed by 2.16 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 12.5 %. Profit before tax declined annually by -17.1 % but saw an increase from the preceding quarter by 6.89 %.
Tax expenses as a percentage of profits decreased slightly by -42.03 % compared to last year, with a more notable quarter-on-quarter increase of 4.89 %. Net profit fell by -13.26 % year-on-year but experienced a 9.49 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -15.76 % but a quarterly rise of 0.68 %. In summary, Adani Energy Solutions 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. 3357.66 Cr | Rs. 4562.73 Cr | Rs. 4706.85 Cr | + 3.16 % | + 40.18 % |
Expenses | Rs. 2154.46 Cr | Rs. 3035.38 Cr | Rs. 3141.33 Cr | + 3.49 % | + 45.81 % |
Operating Profit | Rs. 1203.2 Cr | Rs. 1527.35 Cr | Rs. 1565.52 Cr | + 2.5 % | + 30.11 % |
Net Profit | Rs. 439.6 Cr | Rs. 348.25 Cr | Rs. 381.29 Cr | + 9.49 % | -13.26 % |
EPS in Rs | Rs. 3.49 | Rs. 2.92 | Rs. 2.94 | + 0.68 % | -15.76 % |
In reviewing Adani Energy Solutions Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 40.18 % year-on-year growth, however, there was a minor increase of 3.16 % from the previous quarter. Expenses rose by 45.81 % compared to the previous year, with a 3.49 % increase quarter-on-quarter. Operating Profit surged by 30.11 % annually, and saw a 2.5 % increase from the last quarter.
Net Profit showed yearly decrease of -13.26 %, and experienced a 9.49 % increase from the previous quarter. Earnings Per Share (EPS) fell by -15.76 % annually, however rose by 0.68 % compared to the last quarter. In essence, while Adani Energy Solutions 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.