Share the post "Ador Fontech Ltd’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales decreased by 3.02 % in YoY and increased by 12.26 % in QoQ"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -3.02 % over the year, substantial increase in net sales/revenue by 12.26 %.
- 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 3944.44 %. Marginal increase in other income during this quarter, up by 120.61%.
- Profit over the Year and quarter: Significant improvement in profitability for Ador Fontech Ltd. Notable increase of 28.69 % in net profit Year to Year, Ador Fontech Ltd’s profitability increased by 46.86 % in this quarter.
- EPS over the Year and quarter: EPS increased by 23.53 % Year to Year. EPS increased by 40 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 57.58 Cr | Rs. 49.74 Cr | Rs. 55.84 Cr | + 12.26 % | -3.02 % |
Expenses | Rs. 48.37 Cr | Rs. 43.34 Cr | Rs. 49.81 Cr | + 14.93 % | + 2.98 % |
Operating Profit | Rs. 9.21 Cr | Rs. 6.4 Cr | Rs. 6.03 Cr | -5.78 % | -34.53 % |
OPM % | 16 % | 12.87 % | 10.8 % | -2.07 % | -5.2 % |
Other Income | Rs. 0.09 Cr | Rs. 1.65 Cr | Rs. 3.64 Cr | + 120.61 % | + 3944.44 % |
Interest | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.03 Cr | + 200 % | + 200 % |
Depreciation | Rs. 0.59 Cr | Rs. 0.78 Cr | Rs. 0.88 Cr | + 12.82 % | + 49.15 % |
Profit before tax | Rs. 8.7 Cr | Rs. 7.26 Cr | Rs. 8.76 Cr | + 20.66 % | + 0.69 % |
Tax % | 33.1 % | 29.75 % | 14.5 % | -15.25 % | -18.6 % |
Net Profit | Rs. 5.82 Cr | Rs. 5.1 Cr | Rs. 7.49 Cr | + 46.86 % | + 28.69 % |
EPS in Rs | Rs. 1.7 | Rs. 1.5 | Rs. 2.1 | + 40 % | + 23.53 % |
Today, we’re looking at Ador Fontech 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 -3.02 %. However, it did see a marginal increase of 12.26 % from the previous quarter. Expenses ticked up slightly by 14.93 % quarter-on-quarter, aligning with the annual rise of 2.98 %. Operating profit, while down -34.53 % compared to last year, faced a quarter-on-quarter dip of -5.78 %, 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 -5.2 %, but a shrinkage of -2.07 % sequentially. Other income rose by 120.61 % compared to the last quarter, despite an annual growth of 3944.44 %. Interest expenses surged remarkably by 200 % from the previous quarter, yet the year-over-year increase remains at a moderate 200 %. Depreciation costs climbed by 12.82 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 49.15 %. Profit before tax grew annually by 0.69 % but saw an increase from the preceding quarter by 20.66 %.
Tax expenses as a percentage of profits decreased slightly by -18.6 % compared to last year, with a more notable quarter-on-quarter decrease of -15.25 %. Net profit rose by 28.69 % year-on-year but experienced a 46.86 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 23.53 % but a quarterly rise of 40 %. 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. 57.58 Cr | Rs. 49.74 Cr | Rs. 55.84 Cr | + 12.26 % | -3.02 % |
Expenses | Rs. 48.37 Cr | Rs. 43.34 Cr | Rs. 49.81 Cr | + 14.93 % | + 2.98 % |
Operating Profit | Rs. 9.21 Cr | Rs. 6.4 Cr | Rs. 6.03 Cr | -5.78 % | -34.53 % |
Net Profit | Rs. 5.82 Cr | Rs. 5.1 Cr | Rs. 7.49 Cr | + 46.86 % | + 28.69 % |
EPS in Rs | Rs. 1.7 | Rs. 1.5 | Rs. 2.1 | + 40 % | + 23.53 % |
In reviewing Ador Fontech Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -3.02 % year-on-year, however, there was a minor increase of 12.26 % from the previous quarter. Expenses rose by 2.98 % compared to the previous year, with a 14.93 % increase quarter-on-quarter. Operating Profit dropped by -34.53 % annually, and saw a -5.78 % decrease from the last quarter.
Net Profit showed yearly increase of 28.69 %, and experienced a 46.86 % increase from the previous quarter. Earnings Per Share (EPS) rose by 23.53 % annually, however rose by 40 % compared to the last quarter. In essence, while Ador Fontech 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.