NIFTY 50 22795.9 ▼ (0.51%)
NIFTY NEXT 50 60466.8 ▼ (0.94%)
NIFTY 100 23274.05 ▼ (0.59%)
NIFTY MIDCAP 100 50486.2 ▼ (1.32%)
NIFTY SMALLCAP 100 15636.9 ▼ (0.7%)
NIFTY SMALLCAP 250 14683.4 ▼ (0.57%)
NIFTY MIDCAP SELECT 11198.9 ▼ (1.69%)
NIFTY TOTAL MARKET 11634.25 ▼ (0.67%)
NIFTY BANK 48981.2 ▼ (0.72%)
SENSEX 75311.06 ▼ (0.56%)
BSE BANKEX 55718.18 ▼ (0.82%)

Ajanta Pharma Ltd.’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by (19.53) % in YoY and decreased by 4.62 % in QoQ

Image is loading

Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 19.53 % in the past year, decrease in net sales/revenue by -4.62 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -3.61 %, Marginal increase in other income during this quarter, up by 161.22%.
  • Profit over the Year and quarter: Significant improvement in profitability for Ajanta Pharma Ltd.. Notable increase of 65.82 % in net profit Year to Year, Ajanta Pharma Ltd.’s profitability dropped by -3.48 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 68.76 % Year to Year. EPS decreased by -3.48 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Ajanta Pharma Ltd.”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 881.84 Cr Rs. 1105.15 Cr Rs. 1054.08 Cr -4.62 % + 19.53 %
Expenses Rs. 732.47 Cr Rs. 791.08 Cr Rs. 775.76 Cr -1.94 % + 5.91 %
Operating Profit Rs. 149.37 Cr Rs. 314.07 Cr Rs. 278.32 Cr -11.38 % + 86.33 %
OPM % 16.94 % 28.42 % 26.4 % -2.02 % + 9.46 %
Other Income Rs. 36.83 Cr Rs. 13.59 Cr Rs. 35.5 Cr + 161.22 % -3.61 %
Interest Rs. 1.13 Cr Rs. 2.49 Cr Rs. 1.53 Cr -38.55 % + 35.4 %
Depreciation Rs. 33.02 Cr Rs. 34.26 Cr Rs. 34.25 Cr -0.03 % + 3.73 %
Profit before tax Rs. 152.05 Cr Rs. 290.91 Cr Rs. 278.04 Cr -4.42 % + 82.86 %
Tax % 19.6 % 27.8 % 27.09 % -0.71 % + 7.49 %
Net Profit Rs. 122.25 Cr Rs. 210.03 Cr Rs. 202.72 Cr -3.48 % + 65.82 %
EPS in Rs Rs. 9.54 Rs. 16.68 Rs. 16.1 -3.48 % + 68.76 %


Today, we’re looking at Ajanta Pharma Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 19.53 %. However, it did see a marginal slip of -4.62 % from the previous quarter. Expenses decreased slightly by -1.94 % quarter-on-quarter, aligning with the annual rise of 5.91 %. Operating profit, while up 86.33 % compared to last year, faced a quarter-on-quarter dip of -11.38 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 9.46 %, but a shrinkage of -2.02 % sequentially. Other income rose by 161.22 % compared to the last quarter, despite an annual decline of -3.61 %. Interest expenses dropped significantly by -38.55 % from the previous quarter, yet the year-over-year increase remains at a moderate 35.4 %. Depreciation costs fell by -0.03 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.73 %. Profit before tax grew annually by 82.86 % but saw a reduction from the preceding quarter by -4.42 %.
Tax expenses as a percentage of profits increased slightly by 7.49 % compared to last year, with a more notable quarter-on-quarter decrease of -0.71 %. Net profit rose by 65.82 % year-on-year but witnessed a -3.48 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 68.76 % but a quarterly fall of -3.48 %. In summary, Ajanta Pharma 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. 881.84 Cr Rs. 1105.15 Cr Rs. 1054.08 Cr -4.62 % + 19.53 %
Expenses Rs. 732.47 Cr Rs. 791.08 Cr Rs. 775.76 Cr -1.94 % + 5.91 %
Operating Profit Rs. 149.37 Cr Rs. 314.07 Cr Rs. 278.32 Cr -11.38 % + 86.33 %
Net Profit Rs. 122.25 Cr Rs. 210.03 Cr Rs. 202.72 Cr -3.48 % + 65.82 %
EPS in Rs Rs. 9.54 Rs. 16.68 Rs. 16.1 -3.48 % + 68.76 %


In reviewing Ajanta Pharma Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 19.53 % year-on-year growth, although there was a slight dip of -4.62 % from the previous quarter. Expenses rose by 5.91 % compared to the previous year, with a decrease of -1.94 % quarter-on-quarter. Operating Profit surged by 86.33 % annually, and saw a -11.38 % decrease from the last quarter.
Net Profit showed yearly increase of 65.82 %, and experienced a -3.48 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 68.76 % annually, however dipped by -3.48 % compared to the last quarter. In essence, while Ajanta Pharma 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.

[my_shortcode1 values=”Ajanta Pharma Ltd.”]

Related Post