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Highlights
- Sales over the Year and quarter: The company’s sales declined by -17.49 % over the year, decrease in net sales/revenue by -21.7 %.
- 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 438.46 %. Marginal decrease of % in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Aditya Spinners Ltd.. Notable increase of 252.96 % in net profit Year to Year, Aditya Spinners Ltd.’s profitability increased by 2232.81 % in this quarter.
- EPS over the Year and quarter: EPS increased by 256.00 % Year to Year. EPS increased by 2125 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 15.647 Cr | Rs. 16.488 Cr | Rs. 12.91 Cr | -21.7 % | -17.49 % |
Expenses | Rs. 14.97 Cr | Rs. 15.37 Cr | Rs. 11.85 Cr | -22.9 % | -20.84 % |
Operating Profit | Rs. 0.68 Cr | Rs. 1.12 Cr | Rs. 1.06 Cr | -5.36 % | + 55.88 % |
OPM % | 4.35 % | 6.79 % | 8.21 % | + 1.42 % | + 3.86 % |
Other Income | Rs. 0.26 Cr | Rs. 0 Cr | Rs. 1.4 Cr | 0 % | + 438.46 % |
Interest | Rs. 0.45 Cr | Rs. 0.37 Cr | Rs. 0.4 Cr | + 8.11 % | -11.11 % |
Depreciation | Rs. 0.65 Cr | Rs. 0.69 Cr | Rs. 0.52 Cr | -24.64 % | -20 % |
Profit before tax | Rs. -0.16 Cr | Rs. 0.06 Cr | Rs. 1.54 Cr | + 2466.67 % | + 1062.5 % |
Tax % | -378.29 % | 3.17 % | 3.62 % | + 0.45 % | + 381.91 % |
Net Profit | Rs. 0.42 Cr | Rs. 0.06 Cr | Rs. 1.49 Cr | + 2383.33 % | + 254.76 % |
EPS in Rs | Rs. 0.25 | Rs. 0.04 | Rs. 0.89 | + 2125 % | + 256 % |
Today, we’re looking at Aditya Spinners Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -17.49 %. However, it did see a marginal slip of -21.7 % from the previous quarter. Expenses decreased slightly by -22.9 % quarter-on-quarter, aligning with the annual decline of -20.84 %. Operating profit, while up 55.88 % compared to last year, faced a quarter-on-quarter dip of -5.36 %, 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 3.86 %, but an expansion of 1.42 % sequentially. despite an annual growth of 438.46 %. Interest expenses surged remarkably by 8.11 % from the previous quarter, yet the year-over-year decrease remains at a moderate -11.11 %. Depreciation costs fell by -24.64 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -20 %. Profit before tax grew annually by 1062.5 % but saw an increase from the preceding quarter by 2466.67 %.
Tax expenses as a percentage of profits increased slightly by 381.91 % compared to last year, with a more notable quarter-on-quarter increase of 0.45 %. Net profit rose by 254.76 % year-on-year but experienced a 2383.33 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 256 % but a quarterly rise of 2125 %. In summary, Aditya Spinners 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. 15.647 Cr | Rs. 16.488 Cr | Rs. 12.91 Cr | -21.7 % | -17.49 % |
Expenses | Rs. 14.97 Cr | Rs. 15.37 Cr | Rs. 11.85 Cr | -22.9 % | -20.84 % |
Operating Profit | Rs. 0.68 Cr | Rs. 1.12 Cr | Rs. 1.06 Cr | -5.36 % | + 55.88 % |
Net Profit | Rs. 0.42 Cr | Rs. 0.06 Cr | Rs. 1.49 Cr | + 2383.33 % | + 254.76 % |
EPS in Rs | Rs. 0.25 | Rs. 0.04 | Rs. 0.89 | + 2125 % | + 256 % |
In reviewing Aditya Spinners Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -17.49 % year-on-year, although there was a slight dip of -21.7 % from the previous quarter. Expenses decreased by -20.84 % compared to the previous year, with a decrease of -22.9 % quarter-on-quarter. Operating Profit surged by 55.88 % annually, and saw a -5.36 % decrease from the last quarter.
Net Profit showed yearly increase of 254.76 %, and experienced a 2383.33 % increase from the previous quarter. Earnings Per Share (EPS) rose by 256 % annually, however rose by 2125 % compared to the last quarter. In essence, while Aditya Spinners 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.