Share the post "AGI GREENPAC LIMITED’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales decreased by 8.15 % in YoY and increased by 0.42 % in QoQ"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -8.15 % over the year, substantial increase in net sales/revenue by 0.42 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -75.19 %, Marginal increase in other income during this quarter, up by 145.77%.
- Profit over the Year and quarter: Challenges in sustaining profitability for AGI GREENPAC LIMITED. Profit dropped by -40.64 % Year to Year, AGI GREENPAC LIMITED’s profitability dropped by -3.78 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -40.63 % Year to Year. EPS decreased by -3.76 % 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. 680.32 Cr | Rs. 622.26 Cr | Rs. 624.87 Cr | + 0.42 % | -8.15 % |
Expenses | Rs. 503.46 Cr | Rs. 472.07 Cr | Rs. 476.66 Cr | + 0.97 % | -5.32 % |
Operating Profit | Rs. 176.86 Cr | Rs. 150.19 Cr | Rs. 148.21 Cr | -1.32 % | -16.2 % |
OPM % | 26 % | 24.14 % | 23.72 % | -0.42 % | -2.28 % |
Other Income | Rs. 31.6 Cr | Rs. 3.19 Cr | Rs. 7.84 Cr | + 145.77 % | -75.19 % |
Interest | Rs. 24.97 Cr | Rs. 20.74 Cr | Rs. 25.06 Cr | + 20.83 % | + 0.36 % |
Depreciation | Rs. 37.67 Cr | Rs. 41.72 Cr | Rs. 41.75 Cr | + 0.07 % | + 10.83 % |
Profit before tax | Rs. 145.82 Cr | Rs. 90.92 Cr | Rs. 89.24 Cr | -1.85 % | -38.8 % |
Tax % | 27.87 % | 26.18 % | 27.63 % | + 1.45 % | -0.24 % |
Net Profit | Rs. 108.79 Cr | Rs. 67.12 Cr | Rs. 64.58 Cr | -3.78 % | -40.64 % |
EPS in Rs | Rs. 16.81 | Rs. 10.37 | Rs. 9.98 | -3.76 % | -40.63 % |
Today, we’re looking at AGI GREENPAC 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 -8.15 %. However, it did see a marginal increase of 0.42 % from the previous quarter. Expenses ticked up slightly by 0.97 % quarter-on-quarter, aligning with the annual decline of -5.32 %. Operating profit, while down -16.2 % compared to last year, faced a quarter-on-quarter dip of -1.32 %, 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 -2.28 %, but a shrinkage of -0.42 % sequentially. Other income rose by 145.77 % compared to the last quarter, despite an annual decline of -75.19 %. Interest expenses surged remarkably by 20.83 % from the previous quarter, yet the year-over-year increase remains at a moderate 0.36 %. Depreciation costs climbed by 0.07 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 10.83 %. Profit before tax declined annually by -38.8 % but saw a reduction from the preceding quarter by -1.85 %.
Tax expenses as a percentage of profits decreased slightly by -0.24 % compared to last year, with a more notable quarter-on-quarter increase of 1.45 %. Net profit fell by -40.64 % year-on-year but witnessed a -3.78 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -40.63 % but a quarterly fall of -3.76 %. In summary, AGI GREENPAC 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. 680.32 Cr | Rs. 622.26 Cr | Rs. 624.87 Cr | + 0.42 % | -8.15 % |
Expenses | Rs. 503.46 Cr | Rs. 472.07 Cr | Rs. 476.66 Cr | + 0.97 % | -5.32 % |
Operating Profit | Rs. 176.86 Cr | Rs. 150.19 Cr | Rs. 148.21 Cr | -1.32 % | -16.2 % |
Net Profit | Rs. 108.79 Cr | Rs. 67.12 Cr | Rs. 64.58 Cr | -3.78 % | -40.64 % |
EPS in Rs | Rs. 16.81 | Rs. 10.37 | Rs. 9.98 | -3.76 % | -40.63 % |
In reviewing AGI GREENPAC LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -8.15 % year-on-year, however, there was a minor increase of 0.42 % from the previous quarter. Expenses decreased by -5.32 % compared to the previous year, with a 0.97 % increase quarter-on-quarter. Operating Profit dropped by -16.2 % annually, and saw a -1.32 % decrease from the last quarter.
Net Profit showed yearly decrease of -40.64 %, and experienced a -3.78 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -40.63 % annually, however dipped by -3.76 % compared to the last quarter. In essence, while AGI GREENPAC 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.