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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 42.24 % in the past year, decrease in net sales/revenue by -15.23 %.
- 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 4.81 %. Marginal decrease of -21.01% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Ajmera Realty & Infra India Limited. Notable increase of 18.63 % in net profit Year to Year, Ajmera Realty & Infra India Limited’s profitability increased by 2.04 % in this quarter.
- EPS over the Year and quarter: EPS increased by 18.64 % Year to Year. EPS increased by 1.38 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 98.52 Cr | Rs. 165.31 Cr | Rs. 140.13 Cr | -15.23 % | + 42.24 % |
Expenses | Rs. 66.1 Cr | Rs. 111.83 Cr | Rs. 89.73 Cr | -19.76 % | + 35.75 % |
Operating Profit | Rs. 32.42 Cr | Rs. 53.48 Cr | Rs. 50.4 Cr | -5.76 % | + 55.46 % |
OPM % | 32.91 % | 32.35 % | 35.97 % | + 3.62 % | + 3.06 % |
Other Income | Rs. 1.04 Cr | Rs. 1.38 Cr | Rs. 1.09 Cr | -21.01 % | + 4.81 % |
Interest | Rs. 6.69 Cr | Rs. 23.9 Cr | Rs. 19.41 Cr | -18.79 % | + 190.13 % |
Depreciation | Rs. 0.3 Cr | Rs. 0.24 Cr | Rs. 0.68 Cr | + 183.33 % | + 126.67 % |
Profit before tax | Rs. 26.47 Cr | Rs. 30.72 Cr | Rs. 31.4 Cr | + 2.21 % | + 18.62 % |
Tax % | 25.16 % | 25.03 % | 25.16 % | + 0.13 % | + 0 % |
Net Profit | Rs. 19.81 Cr | Rs. 23.03 Cr | Rs. 23.5 Cr | + 2.04 % | + 18.63 % |
EPS in Rs | Rs. 5.58 | Rs. 6.53 | Rs. 6.49 | -0.61 % | + 16.31 % |
Today, we’re looking at Ajmera Realty & Infra India Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 42.24 %. However, it did see a marginal slip of -15.23 % from the previous quarter. Expenses decreased slightly by -19.76 % quarter-on-quarter, aligning with the annual rise of 35.75 %. Operating profit, while up 55.46 % compared to last year, faced a quarter-on-quarter dip of -5.76 %, 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 3.06 %, but an expansion of 3.62 % sequentially. Other income fell by -21.01 % compared to the last quarter, despite an annual growth of 4.81 %. Interest expenses dropped significantly by -18.79 % from the previous quarter, yet the year-over-year increase remains at a moderate 190.13 %. Depreciation costs climbed by 183.33 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 126.67 %. Profit before tax grew annually by 18.62 % but saw an increase from the preceding quarter by 2.21 %.
Tax expenses as a percentage of profits increased slightly by 0 % compared to last year, with a more notable quarter-on-quarter increase of 0.13 %. Net profit rose by 18.63 % year-on-year but experienced a 2.04 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 16.31 % but a quarterly fall of -0.61 %. In summary, Ajmera Realty & Infra 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. 98.52 Cr | Rs. 165.31 Cr | Rs. 140.13 Cr | -15.23 % | + 42.24 % |
Expenses | Rs. 66.1 Cr | Rs. 111.83 Cr | Rs. 89.73 Cr | -19.76 % | + 35.75 % |
Operating Profit | Rs. 32.42 Cr | Rs. 53.48 Cr | Rs. 50.4 Cr | -5.76 % | + 55.46 % |
Net Profit | Rs. 19.81 Cr | Rs. 23.03 Cr | Rs. 23.5 Cr | + 2.04 % | + 18.63 % |
EPS in Rs | Rs. 5.58 | Rs. 6.53 | Rs. 6.49 | -0.61 % | + 16.31 % |
In reviewing Ajmera Realty & Infra India Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 42.24 % year-on-year growth, although there was a slight dip of -15.23 % from the previous quarter. Expenses rose by 35.75 % compared to the previous year, with a decrease of -19.76 % quarter-on-quarter. Operating Profit surged by 55.46 % annually, and saw a -5.76 % decrease from the last quarter.
Net Profit showed yearly increase of 18.63 %, and experienced a 2.04 % increase from the previous quarter. Earnings Per Share (EPS) rose by 16.31 % annually, however dipped by -0.61 % compared to the last quarter. In essence, while Ajmera Realty & Infra 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.
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