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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 42.27 % in the past year, substantial increase in net sales/revenue by 1.51 %.
- 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 55.56 %. Marginal increase in other income during this quarter, up by 168.14%.
- Profit over the Year and quarter: Significant improvement in profitability for Affle (India) Limited. Notable increase of 40.24 % in net profit Year to Year, Affle (India) Limited’s profitability increased by 13.9 % in this quarter.
- EPS over the Year and quarter: EPS increased by 37.82 % Year to Year. EPS increased by 12.57 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 355.817 Cr | Rs. 498.707 Cr | Rs. 506.216 Cr | + 1.51 % | + 42.27 % |
Expenses | Rs. 286.82 Cr | Rs. 402.03 Cr | Rs. 408.24 Cr | + 1.54 % | + 42.33 % |
Operating Profit | Rs. 69 Cr | Rs. 96.68 Cr | Rs. 97.98 Cr | + 1.34 % | + 42 % |
OPM % | 19.39 % | 19.39 % | 19.36 % | -0.03 % | -0.03 % |
Other Income | Rs. 17.53 Cr | Rs. 10.17 Cr | Rs. 27.27 Cr | + 168.14 % | + 55.56 % |
Interest | Rs. 3.11 Cr | Rs. 5 Cr | Rs. 4.9 Cr | -2 % | + 57.56 % |
Depreciation | Rs. 13.55 Cr | Rs. 18.47 Cr | Rs. 20.2 Cr | + 9.37 % | + 49.08 % |
Profit before tax | Rs. 69.87 Cr | Rs. 83.38 Cr | Rs. 100.15 Cr | + 20.11 % | + 43.34 % |
Tax % | 10.69 % | 7.87 % | 12.64 % | + 4.77 % | + 1.95 % |
Net Profit | Rs. 62.39 Cr | Rs. 76.82 Cr | Rs. 87.49 Cr | + 13.89 % | + 40.23 % |
EPS in Rs | Rs. 4.68 | Rs. 5.73 | Rs. 6.45 | + 12.57 % | + 37.82 % |
Today, we’re looking at Affle (India) Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 42.27 %. However, it did see a marginal increase of 1.51 % from the previous quarter. Expenses ticked up slightly by 1.54 % quarter-on-quarter, aligning with the annual rise of 42.33 %. Operating profit, while up 42 % compared to last year, faced a quarter-on-quarter increase of 1.34 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.03 %, but a shrinkage of -0.03 % sequentially. Other income rose by 168.14 % compared to the last quarter, despite an annual growth of 55.56 %. Interest expenses dropped significantly by -2 % from the previous quarter, yet the year-over-year increase remains at a moderate 57.56 %. Depreciation costs climbed by 9.37 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 49.08 %. Profit before tax grew annually by 43.34 % but saw an increase from the preceding quarter by 20.11 %.
Tax expenses as a percentage of profits increased slightly by 1.95 % compared to last year, with a more notable quarter-on-quarter increase of 4.77 %. Net profit rose by 40.23 % year-on-year but experienced a 13.89 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 37.82 % but a quarterly rise of 12.57 %. In summary, Affle (India) 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. 355.817 Cr | Rs. 498.707 Cr | Rs. 506.216 Cr | + 1.51 % | + 42.27 % |
Expenses | Rs. 286.82 Cr | Rs. 402.03 Cr | Rs. 408.24 Cr | + 1.54 % | + 42.33 % |
Operating Profit | Rs. 69 Cr | Rs. 96.68 Cr | Rs. 97.98 Cr | + 1.34 % | + 42 % |
Net Profit | Rs. 62.39 Cr | Rs. 76.82 Cr | Rs. 87.49 Cr | + 13.89 % | + 40.23 % |
EPS in Rs | Rs. 4.68 | Rs. 5.73 | Rs. 6.45 | + 12.57 % | + 37.82 % |
In reviewing Affle (India) Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 42.27 % year-on-year growth, however, there was a minor increase of 1.51 % from the previous quarter. Expenses rose by 42.33 % compared to the previous year, with a 1.54 % increase quarter-on-quarter. Operating Profit surged by 42 % annually, and saw a 1.34 % increase from the last quarter.
Net Profit showed yearly increase of 40.23 %, and experienced a 13.89 % increase from the previous quarter. Earnings Per Share (EPS) rose by 37.82 % annually, however rose by 12.57 % compared to the last quarter. In essence, while Affle (India) Limited 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.