Share the post "Adani Wilmar Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales decreased by 4.57 % in YoY and increased by 3.19 % in QoQ"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -4.57 % over the year, substantial increase in net sales/revenue by 3.19 %.
- 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 44.62 %. Marginal increase in other income during this quarter, up by 96.69%.
- Profit over the Year and quarter: Significant improvement in profitability for Adani Wilmar Limited. Notable increase of 67.45 % in net profit Year to Year, Adani Wilmar Limited’s profitability dropped by -21.97 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 68.06 % Year to Year. EPS decreased by -21.94 % 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. 13872.64 Cr | Rs. 12828.36 Cr | Rs. 13238.04 Cr | + 3.19 % | -4.57 % |
Expenses | Rs. 13513.87 Cr | Rs. 12324.17 Cr | Rs. 12881.04 Cr | + 4.52 % | -4.68 % |
Operating Profit | Rs. 358.77 Cr | Rs. 504.19 Cr | Rs. 357 Cr | -29.19 % | -0.49 % |
OPM % | 2.59 % | 3.93 % | 2.7 % | -1.23 % | + 0.11 % |
Other Income | Rs. 73.58 Cr | Rs. 54.1 Cr | Rs. 106.41 Cr | + 96.69 % | + 44.62 % |
Interest | Rs. 210.09 Cr | Rs. 187.08 Cr | Rs. 171.13 Cr | -8.53 % | -18.54 % |
Depreciation | Rs. 91.82 Cr | Rs. 95.4 Cr | Rs. 79.2 Cr | -16.98 % | -13.74 % |
Profit before tax | Rs. 130.44 Cr | Rs. 275.81 Cr | Rs. 213.08 Cr | -22.74 % | + 63.35 % |
Tax % | 28.5 % | 26.67 % | 26.71 % | + 0.04 % | -1.79 % |
Net Profit | Rs. 93.61 Cr | Rs. 200.89 Cr | Rs. 156.75 Cr | -21.97 % | + 67.45 % |
EPS in Rs | Rs. 0.72 | Rs. 1.55 | Rs. 1.21 | -21.94 % | + 68.06 % |
Today, we’re looking at Adani Wilmar 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 -4.57 %. However, it did see a marginal increase of 3.19 % from the previous quarter. Expenses ticked up slightly by 4.52 % quarter-on-quarter, aligning with the annual decline of -4.68 %. Operating profit, while down -0.49 % compared to last year, faced a quarter-on-quarter dip of -29.19 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.11 %, but a shrinkage of -1.23 % sequentially. Other income rose by 96.69 % compared to the last quarter, despite an annual growth of 44.62 %. Interest expenses dropped significantly by -8.53 % from the previous quarter, yet the year-over-year decrease remains at a moderate -18.54 %. Depreciation costs fell by -16.98 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -13.74 %. Profit before tax grew annually by 63.35 % but saw a reduction from the preceding quarter by -22.74 %.
Tax expenses as a percentage of profits decreased slightly by -1.79 % compared to last year, with a more notable quarter-on-quarter increase of 0.04 %. Net profit rose by 67.45 % year-on-year but witnessed a -21.97 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 68.06 % but a quarterly fall of -21.94 %. In summary, Adani Wilmar 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. 13872.64 Cr | Rs. 12828.36 Cr | Rs. 13238.04 Cr | + 3.19 % | -4.57 % |
Expenses | Rs. 13513.87 Cr | Rs. 12324.17 Cr | Rs. 12881.04 Cr | + 4.52 % | -4.68 % |
Operating Profit | Rs. 358.77 Cr | Rs. 504.19 Cr | Rs. 357 Cr | -29.19 % | -0.49 % |
Net Profit | Rs. 93.61 Cr | Rs. 200.89 Cr | Rs. 156.75 Cr | -21.97 % | + 67.45 % |
EPS in Rs | Rs. 0.72 | Rs. 1.55 | Rs. 1.21 | -21.94 % | + 68.06 % |
In reviewing Adani Wilmar Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -4.57 % year-on-year, however, there was a minor increase of 3.19 % from the previous quarter. Expenses decreased by -4.68 % compared to the previous year, with a 4.52 % increase quarter-on-quarter. Operating Profit dropped by -0.49 % annually, and saw a -29.19 % decrease from the last quarter.
Net Profit showed yearly increase of 67.45 %, and experienced a -21.97 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 68.06 % annually, however dipped by -21.94 % compared to the last quarter. In essence, while Adani Wilmar Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.