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Highlights
- Sales over the Year and quarter: The company’s sales declined by -14.73 % over the year, decrease in net sales/revenue by -1.93 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -0.79 %, Marginal increase in other income during this quarter, up by 41.47%.
- Profit over the Year and quarter: Significant improvement in profitability for Aegis Logistics Ltd.. Notable increase of 48.94 % in net profit Year to Year, Aegis Logistics Ltd.’s profitability increased by 55.89 % in this quarter.
- EPS over the Year and quarter: EPS increased by 39.40 % Year to Year. EPS increased by 50.67 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 2154.47 Cr | Rs. 1873.36 Cr | Rs. 1837.17 Cr | -1.93 % | -14.73 % |
| Expenses | Rs. 1951.92 Cr | Rs. 1661.55 Cr | Rs. 1530.4 Cr | -7.89 % | -21.6 % |
| Operating Profit | Rs. 202.55 Cr | Rs. 211.81 Cr | Rs. 306.77 Cr | + 44.83 % | + 51.45 % |
| OPM % | 9.4 % | 11.31 % | 16.7 % | + 5.39 % | + 7.3 % |
| Other Income | Rs. 63.65 Cr | Rs. 44.64 Cr | Rs. 63.15 Cr | + 41.47 % | -0.79 % |
| Interest | Rs. 25.35 Cr | Rs. 30.19 Cr | Rs. 29.23 Cr | -3.18 % | + 15.31 % |
| Depreciation | Rs. 29.16 Cr | Rs. 34.48 Cr | Rs. 33.36 Cr | -3.25 % | + 14.4 % |
| Profit before tax | Rs. 211.69 Cr | Rs. 191.78 Cr | Rs. 307.33 Cr | + 60.25 % | + 45.18 % |
| Tax % | 24.74 % | 20.63 % | 22.79 % | + 2.16 % | -1.95 % |
| Net Profit | Rs. 159.32 Cr | Rs. 152.22 Cr | Rs. 237.29 Cr | + 55.89 % | + 48.94 % |
| EPS in Rs | Rs. 4.01 | Rs. 3.71 | Rs. 5.59 | + 50.67 % | + 39.4 % |
Today, we’re looking at Aegis Logistics 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 -14.73 %. However, it did see a marginal slip of -1.93 % from the previous quarter. Expenses decreased slightly by -7.89 % quarter-on-quarter, aligning with the annual decline of -21.6 %. Operating profit, while up 51.45 % compared to last year, faced a quarter-on-quarter increase of 44.83 %, 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 7.3 %, but an expansion of 5.39 % sequentially. Other income rose by 41.47 % compared to the last quarter, despite an annual decline of -0.79 %. Interest expenses dropped significantly by -3.18 % from the previous quarter, yet the year-over-year increase remains at a moderate 15.31 %. Depreciation costs fell by -3.25 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 14.4 %. Profit before tax grew annually by 45.18 % but saw an increase from the preceding quarter by 60.25 %.
Tax expenses as a percentage of profits decreased slightly by -1.95 % compared to last year, with a more notable quarter-on-quarter increase of 2.16 %. Net profit rose by 48.94 % year-on-year but experienced a 55.89 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 39.4 % but a quarterly rise of 50.67 %. In summary, Aegis Logistics 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. 2154.47 Cr | Rs. 1873.36 Cr | Rs. 1837.17 Cr | -1.93 % | -14.73 % |
| Expenses | Rs. 1951.92 Cr | Rs. 1661.55 Cr | Rs. 1530.4 Cr | -7.89 % | -21.6 % |
| Operating Profit | Rs. 202.55 Cr | Rs. 211.81 Cr | Rs. 306.77 Cr | + 44.83 % | + 51.45 % |
| Net Profit | Rs. 159.32 Cr | Rs. 152.22 Cr | Rs. 237.29 Cr | + 55.89 % | + 48.94 % |
| EPS in Rs | Rs. 4.01 | Rs. 3.71 | Rs. 5.59 | + 50.67 % | + 39.4 % |
In reviewing Aegis Logistics Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -14.73 % year-on-year, although there was a slight dip of -1.93 % from the previous quarter. Expenses decreased by -21.6 % compared to the previous year, with a decrease of -7.89 % quarter-on-quarter. Operating Profit surged by 51.45 % annually, and saw a 44.83 % increase from the last quarter.
Net Profit showed yearly increase of 48.94 %, and experienced a 55.89 % increase from the previous quarter. Earnings Per Share (EPS) rose by 39.4 % annually, however rose by 50.67 % compared to the last quarter. In essence, while Aegis Logistics 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.
