Highlights
- Sales over the Year and quarter: The company’s sales declined by -36.05 % over the year, decrease in net sales/revenue by -24.35 %.
- 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 1857.63 %. Marginal increase in other income during this quarter, up by 2.58%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Aether Industries Limited. Profit dropped by -103.8 % Year to Year, Aether Industries Limited’s profitability dropped by -108.19 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -103.64 % Year to Year. EPS decreased by -108.33 % 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. 183.781 Cr | Rs. 155.364 Cr | Rs. 117.532 Cr | -24.35 % | -36.05 % |
| Expenses | Rs. 124.15 Cr | Rs. 124.04 Cr | Rs. 107.3 Cr | -13.5 % | -13.57 % |
| Operating Profit | Rs. 59.63 Cr | Rs. 31.32 Cr | Rs. 10.23 Cr | -67.34 % | -82.84 % |
| OPM % | 32.45 % | 20.16 % | 8.7 % | -11.46 % | -23.75 % |
| Other Income | Rs. 0.59 Cr | Rs. 11.26 Cr | Rs. 11.55 Cr | + 2.58 % | + 1857.63 % |
| Interest | Rs. 1.17 Cr | Rs. 2.06 Cr | Rs. 3.65 Cr | + 77.18 % | + 211.97 % |
| Depreciation | Rs. 6.89 Cr | Rs. 10.33 Cr | Rs. 10.37 Cr | + 0.39 % | + 50.51 % |
| Profit before tax | Rs. 52.16 Cr | Rs. 30.19 Cr | Rs. 7.76 Cr | -74.3 % | -85.12 % |
| Tax % | 27.99 % | 26.84 % | 476.78 % | + 449.94 % | + 448.79 % |
| Net Profit | Rs. 37.56 Cr | Rs. 17.43 Cr | Rs. -1.43 Cr | -108.2 % | -103.81 % |
| EPS in Rs | Rs. 3.02 | Rs. 1.32 | Rs. -0.11 | -108.33 % | -103.64 % |
Today, we’re looking at Aether Industries Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -36.05 %. However, it did see a marginal slip of -24.35 % from the previous quarter. Expenses decreased slightly by -13.5 % quarter-on-quarter, aligning with the annual decline of -13.57 %. Operating profit, while down -82.84 % compared to last year, faced a quarter-on-quarter dip of -67.34 %, 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 -23.75 %, but a shrinkage of -11.46 % sequentially. Other income rose by 2.58 % compared to the last quarter, despite an annual growth of 1857.63 %. Interest expenses surged remarkably by 77.18 % from the previous quarter, yet the year-over-year increase remains at a moderate 211.97 %. Depreciation costs climbed by 0.39 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 50.51 %. Profit before tax declined annually by -85.12 % but saw a reduction from the preceding quarter by -74.3 %.
Tax expenses as a percentage of profits increased slightly by 448.79 % compared to last year, with a more notable quarter-on-quarter increase of 449.94 %. Net profit fell by -103.81 % year-on-year but witnessed a -108.2 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -103.64 % but a quarterly fall of -108.33 %. In summary, Aether Industries Limited’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. 183.781 Cr | Rs. 155.364 Cr | Rs. 117.532 Cr | -24.35 % | -36.05 % |
| Expenses | Rs. 124.15 Cr | Rs. 124.04 Cr | Rs. 107.3 Cr | -13.5 % | -13.57 % |
| Operating Profit | Rs. 59.63 Cr | Rs. 31.32 Cr | Rs. 10.23 Cr | -67.34 % | -82.84 % |
| Net Profit | Rs. 37.56 Cr | Rs. 17.43 Cr | Rs. -1.43 Cr | -108.2 % | -103.81 % |
| EPS in Rs | Rs. 3.02 | Rs. 1.32 | Rs. -0.11 | -108.33 % | -103.64 % |
In reviewing Aether Industries Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -36.05 % year-on-year, although there was a slight dip of -24.35 % from the previous quarter. Expenses decreased by -13.57 % compared to the previous year, with a decrease of -13.5 % quarter-on-quarter. Operating Profit dropped by -82.84 % annually, and saw a -67.34 % decrease from the last quarter.
Net Profit showed yearly decrease of -103.81 %, and experienced a -108.2 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -103.64 % annually, however dipped by -108.33 % compared to the last quarter. In essence, while Aether Industries Limited 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.
