Share the post "Adarsh Plant Project Ltd.’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 31.43 % in YoY and increased by 0.2 % in QoQ"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 31.43 % in the past year, substantial increase in net sales/revenue by 0.2 %.
- 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 0 %. Marginal decrease of -33.33% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Adarsh Plant Project Ltd.. Notable increase of 280.33 % in net profit Year to Year, Adarsh Plant Project Ltd.’s profitability increased by 45.91 % in this quarter.
- EPS over the Year and quarter: EPS increased by 283.33 % Year to Year. EPS increased by 43.75 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 4.158 Cr | Rs. 5.454 Cr | Rs. 5.465 Cr | + 0.2 % | + 31.43 % |
Expenses | Rs. 4.05 Cr | Rs. 5.24 Cr | Rs. 5.17 Cr | -1.34 % | + 27.65 % |
Operating Profit | Rs. 0.11 Cr | Rs. 0.21 Cr | Rs. 0.3 Cr | + 42.86 % | + 172.73 % |
OPM % | 2.65 % | 3.85 % | 5.49 % | + 1.64 % | + 2.84 % |
Other Income | Rs. 0 Cr | Rs. 0 Cr | Rs. -0 Cr | 0 % | + 0 % |
Interest | Rs. 0.03 Cr | Rs. 0.04 Cr | Rs. 0.05 Cr | + 25 % | + 66.67 % |
Depreciation | Rs. 0.02 Cr | Rs. 0.02 Cr | Rs. 0.02 Cr | + 0 % | + 0 % |
Profit before tax | Rs. 0.06 Cr | Rs. 0.15 Cr | Rs. 0.23 Cr | + 53.33 % | + 283.33 % |
Tax % | 0 % | 0 % | 0 % | + 0 % | 0 % |
Net Profit | Rs. 0.06 Cr | Rs. 0.16 Cr | Rs. 0.23 Cr | + 43.75 % | + 283.33 % |
EPS in Rs | Rs. 0.06 | Rs. 0.16 | Rs. 0.23 | + 43.75 % | + 283.33 % |
Today, we’re looking at Adarsh Plant Project Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 31.43 %. However, it did see a marginal increase of 0.2 % from the previous quarter. Expenses decreased slightly by -1.34 % quarter-on-quarter, aligning with the annual rise of 27.65 %. Operating profit, while up 172.73 % compared to last year, faced a quarter-on-quarter increase of 42.86 %, 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 2.84 %, but an expansion of 1.64 % sequentially. Other income fell by -33.33 % compared to the last quarter, despite an annual growth of 0 %. Interest expenses surged remarkably by 25 % from the previous quarter, yet the year-over-year increase remains at a moderate 66.67 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 283.33 % but saw an increase from the preceding quarter by 53.33 %.
Tax expenses as a percentage of profits decreased slightly by -17.5 % compared to last year, with a more notable quarter-on-quarter increase of 6.7 %. Net profit rose by 283.33 % year-on-year but experienced a 43.75 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 283.33 % but a quarterly rise of 43.75 %. In summary, Adarsh Plant Project Ltd.’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. 4.158 Cr | Rs. 5.454 Cr | Rs. 5.465 Cr | + 0.2 % | + 31.43 % |
Expenses | Rs. 4.05 Cr | Rs. 5.24 Cr | Rs. 5.17 Cr | -1.34 % | + 27.65 % |
Operating Profit | Rs. 0.11 Cr | Rs. 0.21 Cr | Rs. 0.3 Cr | + 42.86 % | + 172.73 % |
Net Profit | Rs. 0.06 Cr | Rs. 0.16 Cr | Rs. 0.23 Cr | + 43.75 % | + 283.33 % |
EPS in Rs | Rs. 0.06 | Rs. 0.16 | Rs. 0.23 | + 43.75 % | + 283.33 % |
In reviewing Adarsh Plant Project Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 31.43 % year-on-year growth, however, there was a minor increase of 0.2 % from the previous quarter. Expenses rose by 27.65 % compared to the previous year, with a decrease of -1.34 % quarter-on-quarter. Operating Profit surged by 172.73 % annually, and saw a 42.86 % increase from the last quarter.
Net Profit showed yearly increase of 283.33 %, and experienced a 43.75 % increase from the previous quarter. Earnings Per Share (EPS) rose by 283.33 % annually, however rose by 43.75 % compared to the last quarter. In essence, while Adarsh Plant Project Ltd. 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.