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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -12.35 % over the year, decrease in net sales/revenue by -21.17 %.
- 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 80.17 %. Marginal decrease of -42.58% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Ador Fontech Ltd. Profit dropped by -19.96 % Year to Year, Ador Fontech Ltd’s profitability dropped by -44.33 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -20.00 % Year to Year. EPS decreased by -42.86 % 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. 50.22 Cr | Rs. 55.84 Cr | Rs. 44.02 Cr | -21.17 % | -12.35 % |
Expenses | Rs. 43.35 Cr | Rs. 49.81 Cr | Rs. 38.98 Cr | -21.74 % | -10.08 % |
Operating Profit | Rs. 6.87 Cr | Rs. 6.03 Cr | Rs. 5.04 Cr | -16.42 % | -26.64 % |
OPM % | 13.68 % | 10.8 % | 11.45 % | + 0.65 % | -2.23 % |
Other Income | Rs. 1.16 Cr | Rs. 3.64 Cr | Rs. 2.09 Cr | -42.58 % | + 80.17 % |
Interest | Rs. 0.01 Cr | Rs. 0.03 Cr | Rs. 0.02 Cr | -33.33 % | + 100 % |
Depreciation | Rs. 0.79 Cr | Rs. 0.88 Cr | Rs. 0.69 Cr | -21.59 % | -12.66 % |
Profit before tax | Rs. 7.23 Cr | Rs. 8.76 Cr | Rs. 6.42 Cr | -26.71 % | -11.2 % |
Tax % | 27.94 % | 14.5 % | 35.05 % | + 20.55 % | + 7.11 % |
Net Profit | Rs. 5.21 Cr | Rs. 7.49 Cr | Rs. 4.17 Cr | -44.33 % | -19.96 % |
EPS in Rs | Rs. 1.5 | Rs. 2.1 | Rs. 1.2 | -42.86 % | -20 % |
Today, we’re looking at Ador Fontech Ltd’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -12.35 %. However, it did see a marginal slip of -21.17 % from the previous quarter. Expenses decreased slightly by -21.74 % quarter-on-quarter, aligning with the annual decline of -10.08 %. Operating profit, while down -26.64 % compared to last year, faced a quarter-on-quarter dip of -16.42 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -2.23 %, but an expansion of 0.65 % sequentially. Other income fell by -42.58 % compared to the last quarter, despite an annual growth of 80.17 %. Interest expenses dropped significantly by -33.33 % from the previous quarter, yet the year-over-year increase remains at a moderate 100 %. Depreciation costs fell by -21.59 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -12.66 %. Profit before tax declined annually by -11.2 % but saw a reduction from the preceding quarter by -26.71 %.
Tax expenses as a percentage of profits increased slightly by 7.11 % compared to last year, with a more notable quarter-on-quarter increase of 20.55 %. Net profit fell by -19.96 % year-on-year but witnessed a -44.33 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -20 % but a quarterly fall of -42.86 %. In summary, Ador Fontech 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. 50.22 Cr | Rs. 55.84 Cr | Rs. 44.02 Cr | -21.17 % | -12.35 % |
Expenses | Rs. 43.35 Cr | Rs. 49.81 Cr | Rs. 38.98 Cr | -21.74 % | -10.08 % |
Operating Profit | Rs. 6.87 Cr | Rs. 6.03 Cr | Rs. 5.04 Cr | -16.42 % | -26.64 % |
Net Profit | Rs. 5.21 Cr | Rs. 7.49 Cr | Rs. 4.17 Cr | -44.33 % | -19.96 % |
EPS in Rs | Rs. 1.5 | Rs. 2.1 | Rs. 1.2 | -42.86 % | -20 % |
In reviewing Ador Fontech Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -12.35 % year-on-year, although there was a slight dip of -21.17 % from the previous quarter. Expenses decreased by -10.08 % compared to the previous year, with a decrease of -21.74 % quarter-on-quarter. Operating Profit dropped by -26.64 % annually, and saw a -16.42 % decrease from the last quarter.
Net Profit showed yearly decrease of -19.96 %, and experienced a -44.33 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -20 % annually, however dipped by -42.86 % compared to the last quarter. In essence, while Ador Fontech Ltd faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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