Highlights
- Sales over the Year and quarter: The company’s sales declined by -11.67 % over the year, decrease in net sales/revenue by -7.47 %.
- 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 0 %. Marginal decrease of -81.82% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Agro Tech Foods Ltd. Profit dropped by -70.52 % Year to Year, Agro Tech Foods Ltd’s profitability dropped by -41.27 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -70.67 % Year to Year. EPS decreased by -41.35 % 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. 201.98 Cr | Rs. 192.81 Cr | Rs. 178.41 Cr | -7.47 % | -11.67 % |
Expenses | Rs. 188.79 Cr | Rs. 183.86 Cr | Rs. 173.2 Cr | -5.8 % | -8.26 % |
Operating Profit | Rs. 13.19 Cr | Rs. 8.95 Cr | Rs. 5.21 Cr | -41.79 % | -60.5 % |
OPM % | 6.53 % | 4.64 % | 2.92 % | -1.72 % | -3.61 % |
Other Income | Rs. 0.04 Cr | Rs. 0.22 Cr | Rs. 0.04 Cr | -81.82 % | + 0 % |
Interest | Rs. 0.99 Cr | Rs. 0.43 Cr | Rs. 0.47 Cr | + 9.3 % | -52.53 % |
Depreciation | Rs. 5.52 Cr | Rs. 5.33 Cr | Rs. 5.26 Cr | -1.31 % | -4.71 % |
Profit before tax | Rs. 6.72 Cr | Rs. 3.41 Cr | Rs. -0.48 Cr | -114.08 % | -107.14 % |
Tax % | 25.3 % | 26.1 % | 32.73 % | + 6.63 % | + 7.43 % |
Net Profit | Rs. 5.02 Cr | Rs. 2.52 Cr | Rs. 1.48 Cr | -41.27 % | -70.52 % |
EPS in Rs | Rs. 2.08 | Rs. 1.04 | Rs. 0.61 | -41.35 % | -70.67 % |
Today, we’re looking at Agro Tech Foods 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 -11.67 %. However, it did see a marginal slip of -7.47 % from the previous quarter. Expenses decreased slightly by -5.8 % quarter-on-quarter, aligning with the annual decline of -8.26 %. Operating profit, while down -60.5 % compared to last year, faced a quarter-on-quarter dip of -41.79 %, 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 -3.61 %, but a shrinkage of -1.72 % sequentially. Other income fell by -81.82 % compared to the last quarter, despite an annual growth of 0 %. Interest expenses surged remarkably by 9.3 % from the previous quarter, yet the year-over-year decrease remains at a moderate -52.53 %. Depreciation costs fell by -1.31 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -4.71 %. Profit before tax declined annually by -107.14 % but saw a reduction from the preceding quarter by -114.08 %.
Tax expenses as a percentage of profits increased slightly by 7.43 % compared to last year, with a more notable quarter-on-quarter increase of 6.63 %. Net profit fell by -70.52 % year-on-year but witnessed a -41.27 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -70.67 % but a quarterly fall of -41.35 %. In summary, Agro Tech Foods 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. 201.98 Cr | Rs. 192.81 Cr | Rs. 178.41 Cr | -7.47 % | -11.67 % |
Expenses | Rs. 188.79 Cr | Rs. 183.86 Cr | Rs. 173.2 Cr | -5.8 % | -8.26 % |
Operating Profit | Rs. 13.19 Cr | Rs. 8.95 Cr | Rs. 5.21 Cr | -41.79 % | -60.5 % |
Net Profit | Rs. 5.02 Cr | Rs. 2.52 Cr | Rs. 1.48 Cr | -41.27 % | -70.52 % |
EPS in Rs | Rs. 2.08 | Rs. 1.04 | Rs. 0.61 | -41.35 % | -70.67 % |
In reviewing Agro Tech Foods Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -11.67 % year-on-year, although there was a slight dip of -7.47 % from the previous quarter. Expenses decreased by -8.26 % compared to the previous year, with a decrease of -5.8 % quarter-on-quarter. Operating Profit dropped by -60.5 % annually, and saw a -41.79 % decrease from the last quarter.
Net Profit showed yearly decrease of -70.52 %, and experienced a -41.27 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -70.67 % annually, however dipped by -41.35 % compared to the last quarter. In essence, while Agro Tech Foods Ltd 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.