Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 30.48 % in the past year, substantial increase in net sales/revenue by 2.87 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -6.4 %, Marginal increase in other income during this quarter, up by 42.33%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Adani Power Limited. Profit dropped by -47.79 % Year to Year, Adani Power Limited’s profitability dropped by -0.03 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -48.24 % Year to Year. EPS increased by 0.3 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 10242.06 Cr | Rs. 12991.44 Cr | Rs. 13363.69 Cr | + 2.87 % | + 30.48 % |
| Expenses | Rs. 8334.65 Cr | Rs. 8346.1 Cr | Rs. 8513.95 Cr | + 2.01 % | + 2.15 % |
| Operating Profit | Rs. 1907.41 Cr | Rs. 4645.34 Cr | Rs. 4849.74 Cr | + 4.4 % | + 154.26 % |
| OPM % | 18.62 % | 35.76 % | 36.29 % | + 0.53 % | + 17.67 % |
| Other Income | Rs. 553.26 Cr | Rs. 363.83 Cr | Rs. 517.83 Cr | + 42.33 % | -6.4 % |
| Interest | Rs. 746 Cr | Rs. 796.56 Cr | Rs. 819.6 Cr | + 2.89 % | + 9.87 % |
| Depreciation | Rs. 816.95 Cr | Rs. 1002.23 Cr | Rs. 990.03 Cr | -1.22 % | + 21.19 % |
| Profit before tax | Rs. 897.72 Cr | Rs. 3210.38 Cr | Rs. 3557.94 Cr | + 10.83 % | + 296.33 % |
| Tax % | 483.98 % | 14.72 % | 23.07 % | + 8.35 % | -460.91 % |
| Net Profit | Rs. 5242.48 Cr | Rs. 2737.96 Cr | Rs. 2737.24 Cr | -0.03 % | -47.79 % |
| EPS in Rs | Rs. 12.81 | Rs. 6.61 | Rs. 6.63 | + 0.3 % | -48.24 % |
Today, we’re looking at Adani Power 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 30.48 %. However, it did see a marginal increase of 2.87 % from the previous quarter. Expenses ticked up slightly by 2.01 % quarter-on-quarter, aligning with the annual rise of 2.15 %. Operating profit, while up 154.26 % compared to last year, faced a quarter-on-quarter increase of 4.4 %, 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 17.67 %, but an expansion of 0.53 % sequentially. Other income rose by 42.33 % compared to the last quarter, despite an annual decline of -6.4 %. Interest expenses surged remarkably by 2.89 % from the previous quarter, yet the year-over-year increase remains at a moderate 9.87 %. Depreciation costs fell by -1.22 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 21.19 %. Profit before tax grew annually by 296.33 % but saw an increase from the preceding quarter by 10.83 %.
Tax expenses as a percentage of profits decreased slightly by -460.91 % compared to last year, with a more notable quarter-on-quarter increase of 8.35 %. Net profit fell by -47.79 % year-on-year but witnessed a -0.03 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -48.24 % but a quarterly rise of 0.3 %. In summary, Adani Power 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. 10242.06 Cr | Rs. 12991.44 Cr | Rs. 13363.69 Cr | + 2.87 % | + 30.48 % |
| Expenses | Rs. 8334.65 Cr | Rs. 8346.1 Cr | Rs. 8513.95 Cr | + 2.01 % | + 2.15 % |
| Operating Profit | Rs. 1907.41 Cr | Rs. 4645.34 Cr | Rs. 4849.74 Cr | + 4.4 % | + 154.26 % |
| Net Profit | Rs. 5242.48 Cr | Rs. 2737.96 Cr | Rs. 2737.24 Cr | -0.03 % | -47.79 % |
| EPS in Rs | Rs. 12.81 | Rs. 6.61 | Rs. 6.63 | + 0.3 % | -48.24 % |
In reviewing Adani Power Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 30.48 % year-on-year growth, however, there was a minor increase of 2.87 % from the previous quarter. Expenses rose by 2.15 % compared to the previous year, with a 2.01 % increase quarter-on-quarter. Operating Profit surged by 154.26 % annually, and saw a 4.4 % increase from the last quarter.
Net Profit showed yearly decrease of -47.79 %, and experienced a -0.03 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -48.24 % annually, however rose by 0.3 % compared to the last quarter. In essence, while Adani Power 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.
